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Product Reviews: Competing for the Future (HBR OnPoint Enhanced Edition) |
Rating: 5 (out of 5) Summary: quite easily1of the best works in strategy Comments: Quite easily1of the best works in strategy which helps sharpen thinking on key aspects like core competencies, strategic architecture, roadmaps to competing effectively in the future. This is a classic. |
Rating: 4 (out of 5) Summary: Still relevant Comments: Although, written in 90's, this book supplies an excellent insight in to planning and architecting the enterprises of future which is still relevant. Take an example of GEICO or Progressive of the Insurance world. Take a look at how they built an innovative distrihoweverion channels and made it their core competency. While their competition was comforted with old agency distrihoweverion model and now competition is trying to duplicate their core competency instead of thinking about future. |
Rating: 4 (out of 5) Summary: great book Comments: Like e business book, it has at least 100 pages more than what would have been necessary to get the idea.
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Rating: 5 (out of 5) Summary: do not Ignore the Lessons in this Book... Comments: "Gary Hamel is1of the brightest corporate strategist on the planet. And C.K. Prahalad is a brilliant business mind from the University of Michigan. Together, they have produced a profound book that will revitalize many companies. Those firms and organizations that ignore the new strategic architecture will be like `the deer caught in the headlights'... they will be doomed like many of the companies that have already disappeared from the ranks of the Fortune 1000."
-- Ko Hayashi Managing Director, Chandler Leadership & Development, LLC www.corevaluetraining.com |
Rating: 5 (out of 5) Summary: do not be a bug on the windshield!! Comments: "On the road to the future, who will be the windshield, and who will be the bug?" - Gary Hamel
To be competitive in today's world, you must focus not only on the here and now, however also focus on creating the future because "Nothing is more liberating than becoming the author of one's on destiny."
Hamel and Prahalad deeply understand the core of competition, and supply the reader with an understanding of how to build a great company.
Chapter 1: Getting Off the Treadmill In addition to paying attention to their position in the current market, companies must focus more on creating the future of the industry and their stake in it.
Chapter 2: How Competition for the Future is Different Competition for the future is competition to maximize the share of future opportunities.
Chapter 3: Learning to Forget Unless a company wishes to meet the fate of the dinosaurs, it must stop looking in the rear view mirror.
Chapter 4: Competing for Industry Foresight Industry foresight allows companies to envision ways of meeting unarticulated needs. Foresight arises from wanting to make a difference in people's lives.
Chapter 5: Crafting Strategic Architecture "Not only must the future be imagined ... it must be built." Strategic architecture is a set of plans on how to turn your dream into reality.
Chapter 6: Strategy as Stretch "It is not cash that fuels the journey to the future, however the emotional and intellectual energy of e employee." Strategy must be built upon the juncture of where the firm is and where it wants to be.
Chapter 7: Strategy as Leverage The real issue for many struggling managers is not a lack of resources, however too many priorities, too little stretch, and too little creative thinking about how to leverage resources.
Chapter 8: Competing to Shape the Future Getting to the future 1st may empower a company to establish the rules by which other companies will have to compete.
Chapter 9: Building Gateways to the Future E top management team is competing not only to protect the firm's position within existing markets, however to position the firm to succeed in new markets.
Chapter 10: Embedding the Core Competence Perspective All too often, opportunity that falls between the cracks of existing market and departmental definitions, gets overlooked.
Chapter 11: Securing the Future What counts almost all is not hitting a bulls' eye the 1st time, however how quickly1can improve one's aim and get another arrow on the way to the target.
Chapter 12: Thinking Differently "To ultimately 'be' different, a company must 1st 'think' differently." To share in the future, a company must learn as much about thinking differently as it does about what to do.
Competing for the Future is a lively study in how to transform today's dreams into tomorrow's reality. do not read this book at your own peril. Competing today, without regard to tomorrow's possibilities will certainly stack the odds in your competitor's favor.
Michael Davis, President - Brencom Strategic Business Consulting |