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transforming nokia the power of paranoid optimism to lead through colossal change by Ries tosya Lhasa when entrepreneur East ocl asthma became Nokias chairman in 2012 the company was a candidate for bankruptcy in four years he reinvented it as a profitable corporate dynamo a seasoned planner he details this transformation besides an engaging corporate history CL ozma includes actionable advice entrepreneurial leadership insights and his paranoid optimism framework for business planning he advises planning based on comprehensive data careful analysis and alternative future scenarios while noting that the author is reporting on his own accomplishments and those of his management team he offers innovative leadership counsel bold survival tactics and compelling management ideas take a ways when Ries tosya Lassa became Nokias chairman the firm was close to bankruptcy four years later Nokia was highly profitable CL Asma transformed Nokia from a mobile phone firm to a digital communication