FORTUNE The Greatest Business Decisions of All Time

Apple, Ford, IBM, Zappos, and others made radical choices that changed the course of business.

Author: Editors of Fortune Magazine

Publisher: Liberty Street

ISBN: 9781603209786

Category: Business & Economics

Page: 208

View: 9647

Decisions equal success--nothing happens until one is made. Businesses make millions of decisions every day. But once in a great while a leader makes a truly game-changing decision that shifts not only the strategy of a single company but how everyone does business. These big decisions are counterintuitive-they go against the conventional wisdom. In hindsight, taking a different direction may seem easy, but these bet-the-company moves involve drama, doubt, and high tension. What made Apple's board bring back Steve Jobs to the company? How did Johnson & Johnson decide to recall every bottle of Tylenol after a poisoning scare that involved only a small batch of the drug? What made Henry Ford decide to double the wages of his autoworkers, and how did that change the American economy for the next century? Here management consultant Verne Harnish, the CEO of Gazelles, and Fortune's editors provide the background stories behind the greatest business decisions of all time. In this fully original book, you'll get a glimpse into the thought processes leading up to these groundbreaking moments and will learn how the decisions have shaped the thinking of today's top leaders. The book also contains an insightful foreword by management guru Jim Collins, the author of Built To Last and Good To Great, which explains the importance of decision making in creating a successful company.

Fortune The Greatest Business Decisions of All Time

How Apple, Ford, IBM, Zappos, and others made radical choices that changed the course of business

Author: Verne Harnish

Publisher: Time Home Entertainment

ISBN: 1603204415

Category: Business & Economics

Page: 208

View: 3204

Decisions equal success--nothing happens until one is made. Businesses make millions of decisions every day. But once in a great while a leader makes a truly game-changing decision that shifts not only the strategy of a single company but how everyone does business. These big decisions are counter intuitive--they go against the conventional wisdom. In hindsight, taking a different direction may seem easy, but these bet-the-company moves involve drama, doubt and high tension. What made Apple's board bring back Steve Jobs to the company? How did J&J decide to recall every bottle of Tylenol after a poisoning scare that only involved a small batch of the drug? What made Henry Ford decide to double the wages of his auto workers and how did that change the American economy for the next century? Here management consultant Verne Harnish, the CE0 of Gazelles, along with Fortune's editors, provide the background story behind the 20 great business decisions of all time. You'll get a glimpse into the thought process leading up to these groundbreaking moments and will learn how these decisions have shaped the thinking of today's top leaders. The Greatest Business Decisions of All Time will spur debates and ignite conversations from board rooms to coffee shops and all will be wondering how one might apply these lessons to one's own business.

Forbes Greatest Business Stories of All Time

Author: Forbes Magazine Staff,Daniel Gross

Publisher: Wiley

ISBN: 9780471196532

Category: Business & Economics

Page: 368

View: 7431

What do Bill Gates, Henry Ford, J. P. Morgan, Mary Kay Ash, and Walt Disney all have in common? Uncompromising vision, a willingness to take risks, and exceptional business acumen. Not only did these individuals amass great fortunes, they revolutionized the business world and helped shape society as we know it. Theirs are just a few of the stories collected in this anthology of commercial ingenuity. Drawing on a wealth of sources, this priceless collection brings to life extraordinary achievements, many of them forgotten or little known: how Robert Morris, the preeminent merchant of the eighteenth century, financed the American Revolution with his personal credit; how Ray Kroc used a shrewd real estate strategy to turn a faltering hamburger franchise operation into the McDonald's fast food empire; and how Mary Kay Ash built a billion-dollar direct sales cosmetics company by preaching a message of economic empowerment to women. Enlightening and fascinating, Forbes(r) Greatest Business Stories of All Time celebrates larger-than-life ambition, inspired leadership, wheeling and dealing, and hard work. Forbes is a registered trademark of Forbes Inc. Its use is pursuant to a license agreement with Forbes Inc.

Scaling Up

How a Few Companies Make It... and Why the Rest Don't

Author: Verne Harnish

Publisher: Select Books Incorporated

ISBN: 9780986019524

Category: Business & Economics

Page: 256

View: 1683

Offers techniques for growing a business into a dominant industry force, focusing on four important decision areas that are fundamental to successful company growth.

Mastering the Rockefeller Habits

What You Must Do to Increase the Value of Your Growing Firm

Author: Verne Harnish

Publisher: N.A

ISBN: 9781590791882

Category: Business & Economics

Page: 177

View: 2375

What are the underlying handful of fundamentals that haven't changed for over a hundred years? From Harnish's famous "Mastering a One Page Strategic Plan" process that has been a best-selling article on the web to his concise outline of eight practical actions you can take to strengthen your culture, this book is a compilation of best practices adapted from some of the best-run firms on the planet. Included is an instructive chapter co-authored by Rich Russakoff, revealing winning tactics to get banks to finance your business. Lastly, there are case studies demonstrating the validity of Harnish's practical approaches.

Soldier of Fortune 500

A Management Survival Guide for the Consulting Wars

Author: Steve Romaine

Publisher: N.A

ISBN: 9781573929950

Category: Business & Economics

Page: 498

View: 7877

"Soldier of Fortune 500 is a road map from current corporate ills to new solutions for the challenges ahead. It is a must read for corporate managers, employees, anyone involved with the consulting business, and anyone interested in what is going on in the high-stakes game of cat and mouse being played out every day at all levels of corporate management."--BOOK JACKET.

The Great Game of Business

Unlocking the Power and Profitability of Open-Book Management

Author: Jack Stack

Publisher: Crown Business

ISBN: 0307791378

Category: Business & Economics

Page: 252

View: 5685

In the early 1980s, Springfield Remanufacturing Corporation (SRC) in Springfield, Missouri, was a near bankrupt division of International Harvester. That's when a green young manager, Jack Stack, took over and turned it around. He didn't know how to "manage" a company, but he did know about the principal, of athletic competition and democracy: keeping score, having fun, playing fair, providing choice, and having a voice. With these principals he created his own style of management -- open-book management. The key is to let everyone in on financial decisions. At SRC, everyone learns how to read a P&L -- even those without a high school education know how much the toilet paper they use cuts into profits. SRC people have a piece of the action and a vote in company matters. Imagine having a vote on your bonus and on what businesses the company should be in. SRC restored the dignity of economic freedom to its people. Stack's "open-book management" is the key -- a system which, as he describes it here, is literally a game, and one so simple anyone can use it. As part of the Currency paperback line, the book includes a "User's Guide" -- an introduction and discussion guide created for the paperback by the author -- to help readers make practical use of the book's ideas. Jack Stack is the president and CEO of the Springfield Remanufacturing Corporation, in Springfield, Missouri. The recipient of the 1993 Business Enterprise Trust Award, Jack speaks throughout the country on The Great Game Of Business and Open Book Management.

The Fortune at the Bottom of the Pyramid

Author: C. K. Prahalad

Publisher: Pearson Prentice Hall

ISBN: 0131877291

Category: Business & Economics

Page: 273

View: 426

Collectively, the world's billions of poor people have immense untapped buying power. Prahalad's global bestseller shows why companies can't afford to ignore "Bottom of the Pyramid" (BOP) markets. Now available in paperback, it offers a blueprint for driving the radical innovation companies will need to profit in emerging markets, and using those innovations to become more competitive everywhere.

Fortune Makers

The Leaders Creating China's Great Global Companies

Author: Michael Useem,Harbir Singh,Liang Neng,Peter Cappelli

Publisher: PublicAffairs

ISBN: 1610396596

Category: Business & Economics

Page: 288

View: 946

Fortune Makers analyzes and brings to light the distinctive practices of business leaders who are the future of the Chinese economy. These leaders oversee not the old state-owned enterprises, but private companies that have had to invent their way forward out of the wreckage of an economy in tatters following the Cultural Revolution. Outside of brand names such as Alibaba and Lenovo, little is known, even by the Chinese themselves, about the people present at the creation of these innovative businesses. Fortune Makers provides sharp insights into their unique styles--a distinctive blend of the entrepreneur, the street fighter, and practices developed by the Communist Party--and their distinctive ways of leading and managing their organizations that are unlike anything the West is familiar with. When Peter Drucker published Concept of the Corporation in 1946, he revealed what made large American corporations tick. Similarly, when Japanese companies emerged as a global force in the 1980s, insightful analysts explained the practices that brought Japan's economy out of the ashes--and what managers elsewhere could learn to compete with them. Now, based on unprecedented access, Fortune Makers allows business leaders in the United States and the rest of the West to understand the essential character and style of Chinese corporate life and its dominant players, whose businesses are the foundation of the domestic Chinese market and are now making their mark globally.

Good to Great

Why Some Companies Make the Leap ... and Others Don't

Author: James Charles Collins

Publisher: Random House

ISBN: 0712676090

Category: Business

Page: 300

View: 7136

Can a good company become a great one and, if so, how? After a five-year research project, Collins concludes that good to great can and does happen. In this book, he uncovers the underlying variables that enable any type of organization to make the leap from good to great while other organizations remain only good. Rigorously supported by evidence, his findings are surprising - at times even shocking - to the modern mind. Good to Great achieves a rare distinction: a management book full of vital ideas that reads as well as a fast-paced novel.

100 Great Businesses and the Minds Behind Them

Author: Emily Ross,Angus Holland

Publisher: Random House Australia

ISBN: 174166750X

Category: Business enterprises

Page: 294

View: 1856

This fully revised and updated edition provides an up-to-the-minute look at a diverse collection of people, their businesses and how they make their enterprises work.

The Price of Fortune

The Untold Story of Being James Packer

Author: Damon Kitney

Publisher: N.A

ISBN: 9781460756690

Category:

Page: N.A

View: 336

James Packer turns to Greek mythology in an attempt to explain the most exciting yet tumultuous period of his 50 years on earth. "I was like Icarus," the billionaire tells his biographer, journalist Damon Kitney, of the heady days of 2016 when he broke up with pop star Mariah Carey, abandoned living in Hollywood and Israel, left the global casino stage, and divided the family fortune in a bitter separation from his sister. "I flew too close to the sun." With these words, Packer delves for the first time into the story behind his stunning public revelation in mid-March 2018 of his battle with mental health issues, which forced him to resign from the board of the Crown casino company he owns and loves. Never before has a member of the Packer family co-operated with a writer to tell their story. In his authorised biography, The Price of Fortune, one of the nation's richest and most psychoanalysed men opens up in an attempt to make sense of his rollercoaster life and to tell the human story of being James Douglas Packer. Of how his wealth, charm and intellect took him to such exciting places. Yet how his trusting the wrong people and his rash actions cost him his friends, his health and, most importantly, his reputation on the global stage - and how he is now working on getting it back.

The First Billion Is the Hardest

Reflections on a Life of Comebacks and America's Energy Future

Author: T. Boone Pickens

Publisher: Crown Pub

ISBN: 0307396010

Category: Biography & Autobiography

Page: 274

View: 9647

The legendary hedge-fund manager describes his battle back from financial disaster in his seventies and the many vital lessons he learned along the way, including how to believe in oneself even if those around you do not.

Confessions of the Pricing Man

How Price Affects Everything

Author: Hermann Simon

Publisher: Springer

ISBN: 3319204009

Category: Business & Economics

Page: 221

View: 9348

The world’s foremost expert on pricing strategy shows how this mysterious process works and how to maximize value through pricing to company and customer. In all walks of life, we constantly make decisions about whether something is worth our money or our time, or try to convince others to part with their money or their time. Price is the place where value and money meet. From the global release of the latest electronic gadget to the bewildering gyrations of oil futures to markdowns at the bargain store, price is the most powerful and pervasive economic force in our day-to-day lives and one of the least understood. The recipe for successful pricing often sounds like an exotic cocktail, with equal parts psychology, economics, strategy, tools and incentives stirred up together, usually with just enough math to sour the taste. That leads managers to water down the drink with hunches and rules of thumb, or leave out the parts with which they don’t feel comfortable. While this makes for a sweeter drink, it often lacks the punch to have an impact on the customer or on the business. It doesn’t have to be that way, though, as Hermann Simon illustrates through dozens of stories collected over four decades in the trenches and behind the scenes. A world-renowned speaker on pricing and a trusted advisor to Fortune 500 executives, Simon’s lifelong journey has taken him from rural farmers’ markets, to a distinguished academic career, to a long second career as a n entrepreneur and management consultant to companies large and small throughout the world. Along the way, he has learned from Nobel Prize winners and leading management gurus, and helped countless managers and executives use pricing as a way to create new markets, grow their businesses and gain a sustained competitive advantage. He also learned some tough personal lessons about value, how people perceive it, and how people profit from it. In this engaging and practical narrative, Simon leaves nothing out of the pricing cocktail, but still makes it go down smoothly and leaves you wanting to learn more and do more—as a consumer or as a business person. You will never look at pricing the same way again.

God in the Marketplace

45 Questions Fortune 500 Executives Ask about Faith, Life, & Business

Author: Henry Blackaby,Henry T. Blackaby,Richard Blackaby

Publisher: B&H Publishing Group

ISBN: 0805446885

Category: Religion

Page: 258

View: 3674

A unique guide helps everyone--from the front desk to the executive suite--experience God's will in his or her work, helping them better understand what the Bible says about integrating their Christian faith with their work lives.

First, Break All The Rules

What The Worlds Greatest Managers Do Differently

Author: Marcus Buckingham,Curt Coffman

Publisher: Simon and Schuster

ISBN: 0684852861

Category: Business & Economics

Page: 271

View: 1263

Explains how good managers can select, focus, motivate, and develop their employees in order to transform talent into performance

Sprint

How to Solve Big Problems and Test New Ideas in Just Five Days

Author: Jake Knapp,John Zeratsky,Braden Kowitz

Publisher: Simon and Schuster

ISBN: 150112174X

Category: Business & Economics

Page: 288

View: 1622

From three design partners at Google Ventures, a unique five-day process--called the sprint--for solving tough problems using design, prototyping, and testing ideas with customers.

Inside Apple

How America's Most Admired-And Secretive-Company Really Works

Author: Adam Lashinsky

Publisher: N.A

ISBN: 9781455516018

Category: BUSINESS & ECONOMICS

Page: 116

View: 7031

An analysis of the systems, tactics, and leadership strategies that have contributed to Apple's successes profiles such practices as the direct accountability of employees and shares insider perspectives on Apple's plans after the loss of Steve Jobs.

The Automatic Customer

Creating a Subscription Business in Any Industry

Author: John Warrillow

Publisher: Portfolio (Hardcover)

ISBN: 9780241247006

Category:

Page: 224

View: 3958

"The essential blueprint for turning customers into subscribers The lifeblood of your business is repeat customers. But customers can be fickle and competitors are ruthless. So how do you ensure a steady flow of business? The secret - no matter what industry you're in - is finding and keeping automatic customers. These days virtually anything you need can come through a subscription. Far beyond Spotify and Netflix, companies in nearly any industry, from home contractors to florists, can build subscriptions into their business. Subscription is the key to increasing cash flow, igniting growth and boosting the value of your company. Whether you want to transform your entire business into a recurring revenue engine or just pick up an extra 5 per cent of sales growth, The Automatic Customerwill be your secret weapon."