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100 More Great Leadership Ideas by Jonathan Gifford

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THINK THE UNTHINKABLE

 

The idea

When Jorma Ollila was put in charge of Finnish conglomerate Nokia, the company’s business interests ranged from rubber boots and paper to consumer electronics and chemicals. The collapse of the Soviet Union, the country’s main trading partner, combined with the effects of a banking crisis and a worldwide recession, threatened Nokia’s continued existence. Ollila thought the unthinkable and divested all of the company’s other interests to become a ...

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