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Paranoid Optimism framework enacted by Ries Tosya Lhasa led to Nokia's remarkable turnaround under his chairmanship in 2012. From the brink of bankruptcy to a profitable corporate powerhouse, Lhasa's strategic planning and leadership insights proved crucial. By emphasizing data-driven decision-making, careful analysis, and consideration of alternative scenarios, Lhasa offers innovative leadership advice and bold survival tactics. Transforming Nokia from a mobile phone company to a digital communication leader, Lhasa's story is a testament to the power of visionary leadership and entrepreneurial spirit.