Showing posts with label business model. Show all posts
Showing posts with label business model. Show all posts

Must-win Battles: Creating the Focus You Need to Achieve Your Key Business Goals (Financial Times) Review

Must-win Battles: Creating the Focus You Need to Achieve Your Key Business Goals (Financial Times)
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MWB stands for "Must Win Battles," which is the title and a common acronym throughout this this book. Authors Peter Killing, Thomas Malnight and Tracey Keys use "battle" to refer to competitors and "must-win" to mean these battles must be won. There are a lot of circumstances applicable to the concept of 'battle.' Examples and case studies cover management style, team work, planning, shortlisting, and executing, are noted. One example is Unilever in Africa, Nestle China, and a two-year case study of the CFF business groups from the words of an executive.
Three sections and nine chapters.
Section I: Preparing the Journey
Section II: Engaging the Team
Section III: Making it Happen
The different types of managers listed are the commander, diplomat, thinker, and motivator, who are defined and described. This is followed by the role of Emotional Intelligence in the workplace. EI is just as, and oft-times more vital than IQ. There are questions regarding this that the reader can answer for themselves so they can apply this concept to their own situations in life and in the work place. This book helps the manager and employees as individuals and allows them to reflect on others and themselves.
Different dynamics of MWB, which often may include change. While strategically planning and implementing Must-Win Battles there are Resisters, Bystanders, and Supporters. A time-line is almost always necessary and matrices and diagrams are presented, when planning and executing.
A good reality check is in chapter 4, which lists "Typical Company-Related Myths." Those who've worked in medium or large organizations can identity with the company values and slogans. But they're usually only slogans, because they aren't practiced. :)
At the end of the book there are:
A) The MWB Journey and Road map
B) The Denison Survey: Questions
C) Using the External Assistance
This is helpful for all people who manage and work in organizations of all types and sizes.

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Must-Win Battles shows in a step-by-step way, how to identify the key goals that need achieving and how to win emotional and intellectual buy-in from the employees who make it all happen. By focusing on the right key short-term efforts you attain the twin benefits of delivering in the here-and-now, and making progress toward larger strategic goals.Businesses around the world are struggling for growth and profitability in today's fast-changing world. Those that achieve standout success are characterized by clear vision, focused execution, and commitment by people to doing what counts. But for the 99% of businesses that lack many of these attributes, how do they go about getting them? Should they turn to another management fad? Probably not. Senior managers are now sceptical in the face of "initiative overload". Instead they are looking for inspiration among real-world companies and real leaders.Based on a successful executive programme at IMD, one of the world's foremost executive education institutions and has been tested at some of the world's best-known companies, with intimate and compelling case studies running throughout, Must Win-Battles offers the inspiration and advice that many are looking for. "Enlightening and thought provoking in an era of cluttered agendas. Must Win Battles sets a clear path for leaders to focus their team's head, heart, and hands. Michael D. White, Chairman and Chief Executive Officer, PepsiCo InternationalNew York "Moving a company to the next level requires confronting the right challenges, and Peter Killing, Thomas Malnight, and Tracey Keys show how to pick your battles and then how to win them.Their Must-Win Battles provides a practical playbook for unleashing and aligning the intellectual and emotional energies essential for any business triumph." Michael Useem, Director-Center for Leadership and Change Management, The Wharton School and author of The Leadership Moment "In "Must Win Battles" Peter Killing and Thomas Malnight have distilled their richly varied experiences drawn from many organizations over many years.Together they have created a practical handbook for all managers who are interested in re-energizing and improving their business performance.Must Win Battles is easy to read and brimful with practical advise; well worth a few hours of your time".Iain Ferguson CBE , Chief Executive , Tate & Lyle PLC. Named European Businessman of the Year by Forbes Magazine, 2005 "Working with must-win battles has fundamentally changed our approach to where we seek growth in the market and the way we engage our people in realizing these goals. Must-win battles are the glue that ties the business together globally, that everyone understands and can contribute to.The process clarifies for everyone the long-term vision and business direction, where to allocate resources and why it is important to get aligned."Diego Bevilacqua, President, Global Business: Foodsolutions, Unilever"Every executive knows that there are certain battles that must be won for the business tobe successful.This great new book provides a real-world, step-by-step approach to choosing the right battles in a way that helps unleash the organizational will to achieve them.Must Win Battles is a wonderful contribution to the art and science of management!So much so that it's inspired me to launch my own MWB journey."Bob Rieder, President & CEO Cardiome Pharma Corp.

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The 24-Hour Customer: New Rules for Winning in a Time-Starved, Always-Connected Economy Review

The 24-Hour Customer: New Rules for Winning in a Time-Starved, Always-Connected Economy
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No one has enough time today. In her heavily researched book, corporate strategist Adrian C. Ott explores this issue and its implications for businesses. She proposes innovative practices that transform consumers' increasing lack of time into a fulcrum that can boost sales. Conscious of her readers' time limitations, Ott provides handy "Two-Minute" capsules that summarize each chapter's main points. getAbstract recommends Ott's timely advice and her new methodologies for increasing your sales while saving your customers time and trouble.

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Make a Fortune Selling to Women: The Deal Makers and Deal Breakers You Must Know to Close the Deal Every Time Review

Make a Fortune Selling to Women: The Deal Makers and Deal Breakers You Must Know to Close the Deal Every Time
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Connie Podesta has written a great line of books in her career, and this is no exception! I've gotten a lot out of reading most of her books and am really impressed with this one. It's got great How-to info on gaining the trust and respect of women so you can finally close the deal with them.
Now, I've never needed any of these sales guides, but everything in there seems great and makes sense. I'm such a fan of her work that I felt I should read this one too. And I'd say it's actually helped with my overall communication skills. I loved this book. Other great works by her: Life Would Be Easy If It Weren't for Other People (Live) & How to Be the Person Successful Companies Fight to keep
Read her stuff, you won't regret it.

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'In Connie Podesta's book, you ll not only learn strategies, you'll learn them from an expert. Buy it, read it, and bank it.'--Jeffrey Gitomer, bestselling author of The Litte Red Book of Selling and The Sales Bible
In Make a Fortune Selling to Women, Connie Podesta combines psychology and sales tactics to create a how-to guide for closing sales with women. With a lively voice and no-nonsense tone that both men and women will appreciate, Podesta offers specific tips for overcoming the big five Deal Breakers:
#1 : She doesn't want to play the game
#2: She doesn't think the salesperson views her as a legitimate decision maker
#3 : She doesn't like the salesperson
#4 : She doesn't trust the salesperson
#5 : She doesn't think the salesperson is the right person for the job

Riddled with revealing anecdotes, Make a Fortune Selling to Women describes the male and female approach to the buying experience--without being condescending to either gender. And both salesmen and saleswomen will rely on this book to help them secure more sales with women.

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Adventures of an Optimist: A Progress Report on the 400 Year Project to Help You Improve 20 Times Faster Review

Adventures of an Optimist: A Progress Report on the 400 Year Project to Help You Improve 20 Times Faster
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Read Adventures of an Optimist, and you'll experience quite a fascinating adventure yourself. It's that provocative.
As you think about the title, you might wonder, "How could anyone be an optimist today?" Just view two or three TV newscasts daily, and you'll assume there's very little we can be upbeat about.
Yet with his customary conversational style--supported by solid research and data--Mitchell shifts our thoughts away from what's wrong with the world. He challenges us to see multitudes of possibilities, grasp them, then maximize them. He never doubts the validity of this formula.
A keen student of history, Mitchell uses the lessons of the past to offer guidelines for future progress.
I applaud Don Mitchell's imagination. He makes me wonder whether centuries from now he might be viewed as the Nostradamus of this era.
One more thought: This morning I seemed to accomplish four times as much as I am accustomed to accomplishing in a half day's work. I feel elated, but not boastful. Don Mitchell nudges me to accomplish twenty times as much. My life and career will be incredibly more exhilarating when I elevate to that level.
The Complete Communicator: Change Your Communication-change Your Life!

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In 1995, Donald Mitchell began an audacious task: Demonstrate ways for the whole world to make 400 years worth of normal improvements in the 20 years between 2015 and 2035, a task he calls the 400 Year Project. The results could be as dramatic for humanity as going from sending smoke signals to watching videos sent via cell phones and email had been for extending communications. With guidance from management guru Peter Drucker, direction from clients, and assistance from talented colleagues and students, the project has identified many breakthrough solutions which meet the project's goals.Mitchell describes the roots of his practical optimism, identifies how he organized the project, shares what he learned from pursuing this investigation into untapped breakthroughs, and spells out the focus needed to accelerate global improvements by 20 times from 2015 to 2035. Mitchell also summarizes the books he's coauthored on creating accelerated breakthroughs as part of the 400 Year Project.

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Definitive Business Plan Review

Definitive Business Plan
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Here you have a man named Richard Stutely who was the Minister of Finance in UK, and has worked in their Stock Market Board, first rate banks and schools. He is also a very prolific writer for The Economist.
What would you expect of a book from him?.
Well, he writes in a very simple, easy to read manner. But almost in every sentence and thought one can see, feel, understand and then apply years of top management wisdom.
I consider myself an expert on this subject, I live from it, I teach and I am also a consultant. I've read thousands of ideas and walked through many best practices myself. But this IS the book.
Why?
1- It is honest 2- It teaches you to know yourself first, then where you want to go, then to know the world around you, make a strategy and finnaly how to present your way towards profits managing the risks 3- Then he shows you a very simple and important lesson; how to get your plan approved 4- And finnaly, how to avoid putting the plan in a shelve and instead how to use it for every day operations guidance 5- A book for all- no previous knowledge required 6- You can use all the chapters or costumize it for yourself 7- It is the backbone of all the other guides and software do-it-yourself in one minute type
If you want to DO IT and also UNDERSTAND what you are doing read this 300 pages beauty.
(you'll made yourself and the world business community a big favor)...

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Buy 2 bestsellers get 25% off.The Definitive Business Plan (027366569)A good business plan is the difference between success and not even getting the chance to try.This international bestseller is THE ultimate guide to business planning. Whether the goal is raising start-up or development finance for a new business, requesting venture funding from a corporate parent or directing operational management, The Definitive Business Plan will help you deliver the information that the decision-makers are really looking for and make sure your plan is good enough to start, run or revitalise any business enterprise. ""Truly a practical guide to better business planning. The book is friendly and easy to read. It is especially helpful in developing the correct thought process, which is so essential to effective strategic planning. An indispensable corporate tool."- Peter N. Tan, Senior Vice President, Hambrecht & Quist" Developing New Business Ideas (0273663259)Buy 2 bestsellers get 25% off.At some time in their life, almost everyone in business has an idea for a new enterprise but how do you take a promising thought and develop into an enterprise worth backing?Developing New Business Ideas offers a wide range of hands-on, how-to-actually-do-it techniques to help you add value and viability to your original idea. It will also introduce you to the experiences of a range of today's successful entrepreneurs, enabling you to learn from the creative lessons that they learned as they built their businesses.""Having had your bright, fresh, original idea, the really hard part is turning it into successful reality.By detailing four structured steps to developing saleable products or services from that first idea, this excellent and imaginative guide significantly simplifies that task.Essential reading for all would-be entrepreneurs".""Trevor Baylis OBE, the inventor of the clockwork radio."

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The Performance Prism: The Scorecard for Measuring and Managing Business Success Review

The Performance Prism: The Scorecard for Measuring and Managing Business Success
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Neely, Adams & Kennerley caught my attention.
They note that the various performance measurement / management systems, such as Balance Scorecard to name one of many examples cited, despite their usefulness, are only partial or point solutions to the whole performance measurement / management problem. The Performance Prims attempts to remedy this by providing an integrative framework which is more comprehensive and more comprehensible (in how its component part fit together) based on Stakeholder Satisfaction, Stakeholder Contribution, Strategies, Processes and Capabilities - all neatly tied together in a visually appealing configuration which they call the Performance Prism. I suspect the PP is also a partial solution, but it does indeed build upon its predecessors and goes much further. While we might consider the Balanced Scorecard as a K Generation approach. PP is definitely a K+1 Generation approach. I suspect, unfortunately, it is a little too ahead of its time, but, in due course, will receive the attention it deserves.
I can't help but comment on one particular part of the book which resonates with me because of the myriad of strategic and operational planning texts I have read none of which have come to grips with what I see as THE fundamental thread of insight into producing something truly useful and practical: the difference between means and ends; the way such means and ends can be built into systems which have components operating at different levels (organisations and their subunits); and, most importantly, the relationship between the two. Many have tried, some have almost succeeded, but not quite. The clue is often "Where to Start".
At page 164 - 166 (2002 edition), the authors talk about "where to start" and, in doing so, note that "One of the great myths (and fallacies) of measurement design is that performance measures should be derived from strategy. ... Strategy, however, is not about destination. Instead, it is about the route you choose to take -how to reach the desired destination". They then go on to focus their first steps on ends / objectives based on identifying stakeholders and what constitutes stakeholder satisfaction.
Such bold statements about strategy deserve attention. I think they are right - despite the fact that strategy has a myriad of intepretations (which the authors themselves concede) which may distract you from the boldness and the intent of the statement. I think this is the clue I have been looking for in driving ever closer to a performance measurement / management text which, perhaps building on the Performance Prism, will be the seminal work for many years to come. The understanding of what ends are and how they are stated both implicitly and explicitly is the clue.
The Performance Prism is a marvellous book with a wealth of information. It is an extremely useful source book of performance related insights. I suspect and I hope it will get greater and greater attention in the future as others develop it. Generation K+2 is built on Generation K+1, not Generation K. I look forward to more books from these authors which focus on the PP. I hope that they expand on their case study chapter which saw the use of PP by DHL UK. Not quite at the level of sophistication as some of the Balanced Scorecard case studies, but, the BSC is grounded in an extraction of insight from innumerable cases over a ten year period. I think, in due course, PP, if it can move from measurement to measurement and management will be even better.

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