Best of
Entrepreneurship
2001
Good to Great: Why Some Companies Make the Leap... and Others Don't
James C. Collins - 2001
The findings will surprise many readers and, quite frankly, upset others.The ChallengeBuilt to Last, the defining management study of the nineties, showed how great companies triumph over time and how long-term sustained performance can be engineered into the DNA of an enterprise from the very beginning. But what about the company that is not born with great DNA? How can good companies, mediocre companies, even bad companies achieve enduring greatness? The StudyFor years, this question preyed on the mind of Jim Collins. Are there companies that defy gravity and convert long-term mediocrity or worse into long-term superiority? And if so, what are the universal distinguishing characteristics that cause a company to go from good to great?The StandardsUsing tough benchmarks, Collins and his research team identified a set of elite companies that made the leap to great results and sustained those results for at least fifteen years. How great? After the leap, the good-to-great companies generated cumulative stock returns that beat the general stock market by an average of seven times in fifteen years, better than twice the results delivered by a composite index of the world's greatest companies, including Coca-Cola, Intel, General Electric, and Merck. The ComparisonsThe research team contrasted the good-to-great companies with a carefully selected set of comparison companies that failed to make the leap from good to great. What was different? Why did one set of companies become truly great performers while the other set remained only good? The FindingsThe findings of the Good to Great study will surprise many readers and shed light on virtually every area of management strategy and practice. The findings include:Level 5 Leaders: The research team was shocked to discover the type of leadership required to achieve greatness.The Hedgehog Concept (Simplicity within the Three Circles): To go from good to great requires transcending the curse of competence.A Culture of Discipline: When you combine a culture of discipline with an ethic of entrepreneurship, you get the magical alchemy of great results. Technology Accelerators: Good-to-great companies think differently about the role of technology.The Flywheel and the Doom Loop: Those who launch radical change programs and wrenching restructurings will almost certainly fail to make the leap.
Own Your Own Corporation
Garrett Sutton - 2001
Such a move can not only save you thousands in taxes, but can also save your house and savings and family assets from the potential attack of creditors. The book offers a clear understanding of how legal business systems and traditions have developed over the years and how the structures for running a business have evolved. Topics ranging from management control and avoiding disputes to flexibility of decision-making, taxation and start-up funding are all discussed in a concise, easily accessible manner.
Giants of Enterprise: Seven Business Innovators and the Empires They Built
Richard S. Tedlow - 2001
Tedlow, examines seven great CEOs who successfully managed cutting-edge technology and formed enduring corporate empires.With the depth and clarity of a master, Tedlow illuminates the minds, lives and strategies behind the legendary successes of our times:. George Eastman and his invention of the Kodak camera;. Thomas Watson of IBM;. Henry Ford and his automobile;. Charles Revson and his use of television advertising to drive massive sales for Revlon;. Robert N. Noyce, co-inventor of the integrated circuit and founder of Intel;. Andrew Carnegie and his steel empire;. Sam Walton and his unprecedented retail machine, Wal-Mart.
Shark Tales: How I Turned $1,000 into a Billion Dollar Business
Barbara Corcoran - 2001
After failing at twenty-two jobs, Barbara Corcoran borrowed $1,000 from a boyfriend, quit her job as a diner waitress, and started a tiny real estate office in New York City. Using the unconventional lessons she learned from her homemaker mom, she gradually built it into a $6 billion dollar business. Now Barbara's even more famous for the no-nonsense wisdom she offers to entrepreneurs on Shark Tank, ABC's hit reality TV show. "Shark Tales" is down-to-earth, frank, and as heartwarming as it is smart. After reading it don't be surprised if you find yourself thinking, "If she can do it, so can I." Nothing would make Barbara happier.
The Parable of the Pipeline: How Anyone Can Build a Pipeline of Ongoing Residual Income in the New Economy
Burke Hedges - 2001
Book by Hedges, Burke
Winning in Fast Time: Harness the Competitive Advantage of Prometheus
John A. Warden III - 2001
Now, John Warden- architect of the Desert Storm air campaign- and his partner, organizational consultant Leland Russell, have applied this proven approach to success to another kind of intense competition: the fast-changing world of 21st century business.The system-Prometheus-is a mindset and a method for rapid, decisive strategic action. Its essence is simple: think strategically, focus sharply and more quickly. Leaders and managers of big cap, mid-cap and startup companies, in high-tech finance, health care, and many other industries, have successfully applied Prometheus to meet the same kinds of challenges that you face.
Practice What You Preach: What Managers Must Do to Create a High Achievement Culture
David H. Maister - 2001
Maister. Based on a worldwide survey of 139 offices in 29 professional service firms in numerous lines of business, Maister proves that companies perceived by their employees to practice what they preach in matters of client commitment, teamwork, high standards, and employee development are more successful than their competitors. Put simply, employee dedication causes improved financial performance. Through in-depth interviews, Maister explores the crucial role of the individual manager in promoting high morale among employees. Practice What You Preach boasts specific action recommendations from the managers of these "superstar" businesses on how to build an energized workplace, enforce standards of excellence, develop people, and have fun -- all in the name of profit. As a result, Practice What You Preach can help any manager increase profitability, and provides proof that great financial rewards come from living up to the standards that most businesses advocate, but few achieve.
Attracting Perfect Customers: The Power of Strategic Synchronicity
Stacey Hall - 2001
In fact, these techniques seem both outdated and labor-intensive when compared to the Strategic Synchronicity process, which requires just five minutes of planning each day.Strategic Synchronicity is based on nine principles that are not new but are often neglected in today's business world. Among them are the ideas that businesses don't need to search for customers if they are "on purpose"; that collaboration, not competition, is required; and that businesses create their own "clients from hell".
The Cheating of America: How Tax Avoidance and Evasion by the Super Rich Are Costing the Country Billions--and What You Can Do About It
Charles Lewis - 2001
Sure to enlighten and outrage, The Cheating of America is a must -- read for every citizen.