How Leaders Can Encourage Imagination

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CURT NICKISCH: Welcome to the HBR IdeaCast from Harvard Business Review. I’m Curt Nickisch.

The Finnish mobile handset company Nokia, you probably know, is no longer in the mobile handset business. What you maybe don’t know is that how it reimagined itself after suffering defeat in the marketplace. When Risto Siilasmaa joined the company board, he made a rule that for any decision, alternatives had to be discussed. He calls that “informed imagination. “Nokia eventually decided to sell its handset business. Siilasmaa says that forced the company – freed the…

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