Even world-class companies, with powerful and proven business models, eventually discover limits to growth. That's what makes emerging high-growth industries so attractive. With no proven formula for making a profit, these industries represent huge opportunities for the companies that are fast enough and smart enough to capture them first. But building tomorrow's businesses while simultaneously sustaining excellence in today's demands a delicate balance. It is a mandatory quest, but one that is fraught with contradiction and paradox. Until now, there has been little practical guidance. Based on an in-depth, multiyear research study of innovative initiatives at ten large corporations, Vijay Govindarajan and Chris Trimble identify three central challenges: forgetting yesterday's successful processes and practices; borrowing selected resources from the core business; and learning how the new business can succeed.The authors make recommendations regarding staffing, leadership roles, reporting relationships, process design, planning, performance assessment, incentives, cultural norms, and much more. Breakthrough growth opportunities can make or break companies and careers. "Forget, Borrow, Learn" is every leader's guide to execution in unexplored territory.
NEWS & OPINION: The Thinkers50
Posted November 22, 2011, 2:41 AM with category of Leadership & Strategy
Congratulations are in order for friend of the company Marshall Goldsmith, one of the really good guys in this business, on winning the 2011 Thinkers50 Leadership Award as the World’s Most-Influential Leadership Thinker.
Now sponsored by the Harvard Business Review, The Thinkers50 is a decade-old, biannual global ranking of management thinkers that uses ten criteria to rank thinkers: originality of ideas; practicality of ideas; presentation style; written communication; loyalty of followers; business sense; international outlook; rigor of research; impact of ideas and the elusive guru factor. Goldsmith has all of those qualities in spades, ranked number seven on the overall Thinkers50 list and was certainly deserving of the award in Leadership he took home.
NEWS & OPINION: New Excerpt - The Quest for Global Domination
Posted April 15, 2008, 8:06 PM with category of Management & Workplace Culture
You find Chapter 1 of the 2nd Edition of The Quest for Global Dominance over on our excerpts blog. Even if you've read the first edition, you may want to consider updating your thinking on the global economy with this new offering which includes three new chapters: Lessons from the Globalization of Wal-Mart; Globalizing the Young Venture; and Leveraging China and India for Global Dominance. Jeffrey E.
NEWS & OPINION: Canada Tops the List this Month!
Posted April 3, 2008, 3:12 PM with category of Management & Workplace Culture
Here's what 800-CEO-READ shipped to other countries in March. Here's what they're reading overseas. :
The Big Switch - Quebec, Canada
Purpose - Besiktas, Istanbul
The Quest for Global Dominance: 2nd Edition - Shanghai, China
Get Out of Your Own Way - Frankfort, Germany
Who's Your City?
NEWS & OPINION: 2006 Bestsellers (a little late)
Posted March 27, 2007, 7:33 PM with category of Management & Workplace Culture
Some folks started asking us for the 2006 bestsellers. Some how we forgot to do this right after the New Year, and I know many of you are dying to hear the results.
One note on methodology: We award points to a book's position on our monthly list, as well as the number of months it appears on our lists.
NEWS & OPINION: Strategy+Business Best Business Books of 2006
Posted December 20, 2006, 3:28 PM with category of Management & Workplace Culture
Strategy+Business has published their Best Business Books: 2006. This list is one I look forward to each year (they are on their sixth). The books they choose require a deeper mediation on the study of management and the issues that face business.