What’s the single, powerful, practical idea (SPPI)? The co-heads of Bain & Company's strategy practice present a big new idea - the Great Repeatable Business Model - for how to achieve sustainable competitive advantage in a world of constant change Description: Sustaining a competitive advantage is becoming more difficult due to the increasing speed at which market and technologies are changing. At the same time, greater global interconnectedness exposes us more and more to risks and events over which we have little control. In this environment, it’s understandable that many business leaders have come to believe that the key to long term success is constant reinvention. Not so fast, counsel Chris Zook and Jimmy Allen. If you look at the companies that have actually delivered sustained performance you’ll see that they seem to have found a way out of the harsh cycle of reinvention and obsolescence. In this book, Zook and Allen draw on extensive research to argue that long term performers - like IKEA, Vanguard, and Starbucks - have what the authors call a "great repeatable business model" that is hard to imitate and yet can be replicated in many ways with only incremental adjustments, even as markets and technologies change. Building on the themes and concepts of the authors’ successful “Core” trilogy, this book explains and illustrates through numerous examples the concept of the great repeatable business model -- what it is, how it works, and why it matters more than ever now -- and explores in detail each of the three basic "design principles" for building such a model. The book also addresses the leadership challenges and obstacles to managing it, particularly in a world where CEOs are tempted by constant change and frustrated by increasing levels of complexity. It is the CEO's blueprint for creating long-lasting competitive advantage in a world of relentless change. About the author: James Allen and Chris Zook are co-leaders of Bain & Company's Global Strategy practice. They are the co-authors of Profit from the Core, and Zook is the author of Beyond the Core and Unstoppable. Audience: CEOs, Senior Executives, Strategists, Finance, Investors Features for readers: * presents a big new idea and the primary new intellectual thrust of Bain's strategy practice * addresses the issues on the top of every CEOs agenda - the need for speed, adaptability, and simplicity - and shows how a repeatable business model wins you all three, even in a world of increasing change and complexity * shows that a sustainable competitive advantage is not only still possible, it is imperative, and shows how to do it through "repeatability" * presents numerous cases and stories of the best performing companies and how they conceived and managed a great repeatable model
|Book:||Repeatability : Creating Enduring Profits in a World of Constant Change|
|Author:||Zook Chris Allen James|
|Publisher:||Harvard Business Review Press|
|Number of Pages:||288|
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