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| 161. Reputation: Realizing Value from the Corporate Image by Charles J. Fombrun | |
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our price: $23.10 (price subject to change: see help) Asin: 0875846335 Catlog: Book (1996-01-01) Publisher: Harvard Business School Press Sales Rank: 211229 Average Customer Review: US | Canada | United Kingdom | Germany | France | Japan |
Reviews (2)
The book is technically just right, not too light with just the right amount of researched data to back up statements made. I highly recommend it to any company trying to decide what else it could do to boost sales.
The hardline examples from famous American businesses are very impactful; the messages are impossible to miss. In fact, when one client said he thought Reputation Management was unnecessary, because his sales were doing well, I asked him: "What is it you know that the Fortune 500 companies obviously don't? They're apparently wasting millions of dollars every year on PR." Enough said. ... Read more | |
| 162. Harvard Business Review on Nonprofits (Harvard Business Review Paperback Series) by Harvard Business Review | |
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our price: $13.57 (price subject to change: see help) Asin: 0875849091 Catlog: Book (1999-02-01) Publisher: Harvard Business School Press Sales Rank: 125122 Average Customer Review: US | Canada | United Kingdom | Germany | France | Japan |
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Book Description These eight articles examine all aspects of the work of modern nonprofit organizations.The thoughtful essays cover important topics such as earning the public trust and learning from the success of venture capitalists. Reviews (3)
1.- You are unable to print the file (Make a hard copy) 2.- You only can read it from the equipment you downloaded (If there is a way to use it in others, it's very hard to find Believe me !) 3.- You must read it only at the monitor 4.- If you don't like it. (At this time) you can't return the item. (Amazon Policies). 5.- It cost the same as a normal book.
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| 163. From Global to Metanational: How Companies Win in the Knowledge Economy by Yves L. Doz, Jose Santos, Peter Williamson | |
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our price: $19.77 (price subject to change: see help) Asin: 0875848702 Catlog: Book (2001-11-15) Publisher: Harvard Business School Press Sales Rank: 175013 Average Customer Review: US | Canada | United Kingdom | Germany | France | Japan |
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Amazon.com Reviews (5)
You don't know about it yet?? God, your business is under great danger...
The focus of the authors is on innovation and they argue that this requires that the organization becomes good at : This is a book that makes an important point about success in a globalized world, but presents one factor in success as if it was the whole. As with a number of books, I had an uncomfortable feeling that the content of a very good article was expanded into an only moderately good book. The core message is important and useful. Organizations that operate on a global scale need to move beyond the extension of a unitary culture into new localities and recognise that new knowledge is found in unlikely places. They need to become excellent at recognising that knowledge, becoming an attractor for it, mobilizing it to provide a superior stream of innovations and operationalizing production, distribution and marketing into diverse markets. The weakness is that the book is written at a fairly high conceptual level - for all the detailed example - that fails to get to grips with how to manage multiple cultures or the detail of innovation, or the issues of governance across countries. It also has surprisingly little on the major changes that are occurring in world consumer markets. The book also falls into the 'one size fits all' trap. Issues of being effective globally are very different for a consumer fashion business, a high tech product or service industry and a major commodity business, but this is not recognised explicitly in the book.
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| 164. Harvard Business Review on Managing Uncertainty (The Harvard Business Review Paperback Series) by Hugh Courntney, Jane Kirlsnd, Patrick Viguerie, De Geus Arie P., Claton M. Christensen | |
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our price: $13.57 (price subject to change: see help) Asin: 0875849083 Catlog: Book (1999-02-01) Publisher: Harvard Business School Press Sales Rank: 239449 Average Customer Review: US | Canada | United Kingdom | Germany | France | Japan |
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Book Description Harvard Business Review on Managing Uncertainty presents leading-edge ideas to help managers make strategic decisions in an increasingly uncertain world.Includes the landmark piece "Competing for the Future" by Gary Hamel and C.K. Prahalad. Reviews (1)
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| 165. Peak Performance: Aligning the Hearts and Minds of Your Employees by Jon R. Katzenbach | |
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Amazon.com Though many companies pay lip service to the notion of employee fulfillment, most do not actually focus critical attention on this vital component of corporate success. Those that do, Katzenbach contends, consistently attain higher levels of workforce performance than their competitors. While these companies share some characteristics in their employee management ideals, they do not follow identical methods of achieving and sustaining the emotional commitment of their employees. In the course of conducting extensive research into the high-performing workforces of more than 20 companies, Katzenbach has identified five distinct paths that, he believes, achieve a balance between enterprise performance and employee fulfillment: Mission, Values, and Pride; Process and Metrics; Entrepreneurial Spirit; Individual Achievement; and Recognition and Celebration. To define the leadership philosophy and illustrate the defining characteristics of each path, Katzenbach uses case studies and extensive interviews with the employees of such enterprises as The Home Depot, Southwest Airlines, the U.S. Marine Corps, Avon, the Silicon Valley underwriter Hambrecht & Quist, McKinsey & Co., and Marriott International. He explores the different ways of aligning the workforce energy that is generated and demonstrates the necessity of enforcing disciplined behavior. The result is a book of evidence for company leaders interested in getting the best and the most from their workforce; it is not an altruistic plug in support of the happy worker but rather a pragmatic exposition of the best conditions for achieving peak performance. --S. Ketchum Reviews (3)
In Chapter 1, Katzenbach suggests four criteria by which to identify "higher-performing workforces. They are: More than one-third of the workers consistently exceed the expectations of their leaders and customers, the average worker outperforms the average competitive worker, a strong emotional commitment to higher standards and aspirations is manifest throughout the entire workforce, and finally, the collective performance of that workforce or of critical segments (typically at the front line) creates the core of the organization's competitive advantage...and is extremely difficult to copy. Katzenbach organizes his material within three Parts: Maintaining the Critical Balance, Exploring the Five Balanced Paths [Mission, Values, and Pride; Process and Metrics; Entrepreneurial Spirit; Individual Achivement; and Recognition and Celebration], and Applying the Lessons Learned. He then provides an Appendix in which he skillfully summarizes key points about 27 "Participant Companies and Organizations" and "Outside-In Cases" which include The Home Depot, McKinsey & Company, NASA, Southwest Airlines, Toyota, the U.S. Marine Corps, and the U.S. Navy Seals. It would be a mistake to assume, however, that Katzenbach has only larger organizations in mind. On the contrary. If anything, the "critical balance" between enterprise performance and employee fulfillment is even more important in small-to-midsize organizations than it is in organizations such as those previously listed because, in a smaller organization, an individual worker can have greater impact...be it positive or negative. For Katzenbach, having an appropriate "critical balance" will enable any organization to "stay the course and successfully climb" any "mountain" it may encounter because it has "an emotionally committed, peak-performance workforce."
In this context, Jon R. Katzenbach introduces five paths (balanced paths) that explain all the higher-performing workforce situations. As argued by Katzenbach, "each path constitutes a clearly different approach for energizing a workforce for higher performance. Certainly, there are overlaps and similarities among the paths, but the primary focus and value proposition of each is quite distinct". Hence, throughout this invaluable study, he explores these five paths as the overarching concept or framework for this book. And he defines (1) top management philosophy, and (2) characteristics of the five balanced paths as follows: I- Mission, Values, and Pride: (1). Employees will feel truly proud of what this enterprise stands for, what their specific work group can accomplish, and what they can contribute, both collectively and individually; their pride will be continually reinforced with external and internal recognition. (2). a. Noble purpose b. Rich history c. Strong values d. Group cohesion II- Process and Metrics: (1). Employees who consistently meet and exceed their metrics and adhere to the critical process requirements will be recognized and respected by their peers and conspicuously recognized and rewarded by management. (2). a. Clear measures and standards b. Focused processes c. Performance transparency d. Collaborative and collective effort III- Entrepreneurial Spirit: (1). Employees will be rewarded directly in proportion to what they create and the personal risk they incur; those rewards have virtually unlimited upside financial and ownership potential. (2). a. High earning opportunity b. Strong ownership interests c. Personel risk IV- Individual Achievement: (1). Employees will be recognized and rewarded directly in proportion to their personal accomplishments. They will be paid and advanced based on those contributions, and they will work alongside talented individuals in the field. (2). a. Lots of opportunity b. Individuals given freedom to act c. Focus on individual performance d. Performance-based advancement e. Healty competitiveness V- Recognition and Celebration: (1). Employees will be recognized, rewarded, and celebrated in dozens of ways-by supervisors and colleagues as well as top management-for their collective and individual contributions. As a result, they will work in an environment alive with enthusiasm, excitement, and fun and wherein formal compensation is of secondary importance. (2). a. Widespread recognition/reward b. Lots of specific events c. Visible high energy d. Social interaction and fun Strongly recommended.
The book is a primer for line leaders and human resource executives showing how companies can have their cake and eat it to. He builds a powerful argument suggesting that strong companies can be built on a compelling story that satisfies both the workforce and the bottom line. I strongly recommend this book to those seeking the "secret sauce" of workforce alignment. It is clearly another Jon Katzenbach winner! ... Read more | |
| 166. Harvard Business Review on Turnarounds by Harvard Business Review | |
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our price: $13.57 (price subject to change: see help) Asin: 1578516366 Catlog: Book (2001-10-15) Publisher: Harvard Business School Press Sales Rank: 158988 US | Canada | United Kingdom | Germany | France | Japan |
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Book Description This dynamic collection of articles features the latest theories on change management and real-world stories of successful turnaround efforts. With compelling first person stories about successful turnarounds, readers will learn how to address their own organizations' needs from such diverse figures as Rich Teerlink, Gary Hamel, and Bill Parcells. | |
| 167. Harvard Business Review on Crisis Management (A Harvard Business Review Paperback) by Norman R. Augustine, Anurag Sharma, Idalene F. Kesner, N. Craig Smith, Robert J Thomas, John A. Quelch, Greg Brenneman, Linda Hill | |
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our price: $13.57 (price subject to change: see help) Asin: 1578512352 Catlog: Book (2000-01) Publisher: Harvard Business School Press Sales Rank: 288955 Average Customer Review: US | Canada | United Kingdom | Germany | France | Japan |
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Book Description In the rapidly changing world of business, close calls and near misses are not uncommon. Obtaining the managerial skills and tools to effectively manage or avoid these crises is critical to the survival and success of your organization. Harvard Business Review on Crisis Management highlights leading ideas on how to deal with difficult situations, crises, and other sensitive topics in a business environment. Reviews (2)
Some of the essays in this collection are written by leading management consultants and CEOs. Topics covered include; 'strategic approaches to product recalls', 'leadership', 'what happens when an executive defects' and how companies can develop better media policies and plans as part of crisis management and preparedness. My favorite is Norman R Augustine's essay titled 'Managing the Crisis You Tried to Prevent'. In this well researched essay, Augustine describes six stages of a crisis drawing lessons from several well-known crises. The important issue emerging is that "almost every crisis contains within itself' the seeds of failures as well as the "roots of failure." Drawing quotations from Shakespeare and Oscar Wilde, the author provides very useful insights into understanding, managing and preventing a crisis. This book is a useful tool for executives and managers who need to upgrade their knowledge or gain access to leading experts on topics related to crisis management. ... Read more | |
| 168. 20/20 Foresight: Crafting Strategy in an Uncertain World by Hugh Courtney | |
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Book Description Now, McKinsey & Company consultant Hugh Courtney argues that managers must move beyond the outdated "all-or-nothing" view of strategy in which future events are either certain or uncertain. Instead, he suggests a simple-yet powerful-alternative: Understand the level of uncertainty you are facing in a given situation, and you will make better, more informed strategic choices. Based on an international review of the key strategy problems faced by over one hundred leading companies, Courtney reveals how executives can develop 20/20 foresight-a view of the future that separates what can be known from what can't.While executives with 20/20 foresight can rarely develop perfect forecasts of the future, says Courtney, they can isolate the "residual uncertainty" they face and use this insight to create competitive advantage in today's turbulent markets. Unveiling a revolutionary framework for diagnosing to which of the four levels of residual uncertainty a specific strategy choice corresponds, 20/20 Foresight shows how readers can leverage this knowledge to answer three key strategic questions: 1) Shape or adapt to uncertainty? 2) Make strategic commitments now or later? and 3) Follow a focused or diversified strategy? 20/20 Foresight also: A comprehensive approach to strategy development under all possible levels of uncertainty and across all kinds of industries, this is the essential guide for making tough strategic choices in a changing world. Reviews (11)
Should we shape or adapt? Should we begin the process now or later? Should we focus or diversify? Which new tools and frameworks are needed? Which new strategic-planning and decision-making processes are needed? Of course, Courtney fully realizes that the revelations of the STI research can only guide and inform appropriate answers to questions such as these. He agrees with Mike Hammer that searching for a "silver bullet" is a fool's errand, noting that "there [is] no easy one-size-fits-all solution that could be translated from theory into practice. Business strategists needed new theory [and, in italics] new practices if they wanted to make better strategy choices." At the height of the Cold War, I recall someone noting that Russian historians could predict the past with absolute certainty. This book's title does not suggest that if you read this book, you can see the future. ("Man plans and then God laughs.") Rather, instead of burying uncertainties in meaningless base case forecasts or avoiding rigorous analysis of uncertainties altogether, Courtney suggests that we "embrace uncertainty, explore it,, slice it, dice it, get to know it." If we do this well? "[You] will reach a wonderful goal: 20/20 foresight." The best available information serves as the basis of the most reliable forecasts which, in turn, improve the chances of devising the soundest strategies. After summarizing the appropriate toolkit for each level of residual uncertainty (see figures 6-1 through 6-4), and having also suggested various tools and frameworks needed to develop 20/20 foresight, Courtney offers five additional tools in the Appendix: The Uncertainty Toolkit. He briefly but brilliantly explains how to use scenario planning, game theory, decision analysis, system dynamics models, and management "flight simulators." Although this book will obviously be of substantial value to senior-level executives in larger organizations, I think it will be invaluable to others such as CEOs and other decision-makers in small companies. The challenge for all of them is to "tailor strategy to the level of uncertainty," whatever the nature and extent of their competitive marketplace may be. Here in a single volume is about all they need to begin the process. Another thought: This book would be an excellent choice as the basis of a one-day or (preferably) two-day offsite executive "retreat" for strategic planning. Reading it in advance would be required. The first two chapters would be excellent for assisting situation analysis, then on to the next five chapters which could serve as the core of the agenda. (I also recommend that Hammer's The Agenda be consulted, at least by the person who leads the group discussion. And, by the way, that person should NOT be the CEO.) The session would conclude with a review of the consensus achieved, followed by a discussion of how to communicate and collaborate effectively while using various tools, including the five recommended in the Appendix. Courtney would be the first to point out that, over time, other sources of information and guidance may become necessary. For that reason, he includes clusters of annotated "Recommended Readings" to assist his reader's selection process. Thoughtfully, he adds to their number with other suggestions within his extensive notes. For at least some individual executives and some organizations, this may well prove to be for them the most valuable business book published during the first decade of the 21st century. To those who share my high regard for it, I specifically want to recommend (again) Hammer's book as well as Jim O'Toole's Leading Change, Jason Jennings' Less Is More: How Great Companies Use Productivity As a Competitive Advantage, Peter Schwartz' The Art of the Long View: Paths to Strategic Insight for Yourself and Your Company, and finally, Carla O'Dell's If Only We Knew What We Know: The Transfer of Internal Knowledge and Best Practice.
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| 169. Net Gain: Expanding Markets Through Virtual Communities by John Hagel III, Arthur G. Armstrong | |
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our price: $16.47 (price subject to change: see help) Asin: 0875847595 Catlog: Book (1997-03-01) Publisher: Harvard Business School Press Sales Rank: 234454 Average Customer Review: US | Canada | United Kingdom | Germany | France | Japan |
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Amazon.com Reviews (60)
It has been nearly six years since I attended a seminar organized by the consulting company McKinsey at which the two authors (both McKinsey consultants)presented their book and what seemed, at that time, to be its somewhat radical proposition about profitably developing self-organizing on-line communities around the passionate interests of their memberships. As I become more familiar with Amazon and how it is organizing the community through which you are reading this and other reviews, I am reminded about the fundamental concepts that Hagel and Armstrong laid out in their book regarding the economics of virtual communities. Amazon attracts member-generated content which is a key part of its business model which uses the passionate interests of its own customer base to increase its business value. Many doubted the vailidity of this proposition when this book came out, but the evidence does appear to increasingly support it. Arguably, many might now say that this book is dated, on-line businesses having mushroomed and failed since this book appeared, yielding new lessons that this book could not have foreseen. Many of its claims now seem overhyped. While this and other criticims may all be well and true, I suspect that this book will come to be regarded in future business histories of the on-line business as one of the seminal pieces of strategic business thinking in the late 1990s. I shall keep it for posterity, if not profitability. In any case, there must now be enough second-hand copies for you not to have to make the investment at the full original cost!
In my opinion, two of the most useful components of the book are a listing of personnel required for the implementation and maintenance of an online community, and steps needed to help managers get started in organizing a virtual community. The book is certainly worth reading, whether you are developing websites for business, education, recreation, etc. Hagel and Armstrong present valid reasons and practical suggestions for developing online communities that will help members connect, as well as seek and find.
In the Preface, Hagel and Armstrong acknowledge three inevitable limitations in writing Net.Gain: "The first arises from the profound uncertainties associated with evolving electronic networks and the myriad business models emerging in the primordial brew known as cycberspace....Second, the need to be concise has led us to make some generalizations about the likely evolution of virtual communities and the key principles for success....Third, we do not expect virtual communities to be the only 'form of life' on public networks. Indeed, many other commercial and non-commercial formats (including dictionaries, market spaces, 'web'zines,' corporate sites and game areas) will thrive on these networks as well." Working within these limitations, Hagel and Armstrong succeed admirably when describing the power and potential of the virtual community concept. Also, when explaining (a) how to target the kind of community to start-up; (b) the principles of a successful entry strategy, emphasizing the need to generate, engage, and lock in traffic over time; (c) characteristics of community organizations; and (d) criteria by which to select the right technology. Then in Part Three, Hagel and Armstrong shift their attention to explaining the fundamental ways in which the emergence and spread of virtual communities will alter traditional business. My strong recommendation is that this book be read first, then Net Worth. My further recommendation is that both books be used to formulate the agenda for a workshop or what is generally referred to as an "executive retreat" (preferably for two days and located offsite) with all participants required to read both books in advance. In their Epilogue, Hagel and Armstrong suggest that "the most radical potential impact of the virtual community may well be its impact on the way individuals manage their lives and companies manage themselves. Communities will serve to connect, much like the postage system and telephone before them. But they will go several steps further than the telephone or fax, as they help the individual to seek out and find. Souls in search of relationship, colleagues in search of teamwork,, customers in search of products, suppliers in search of markets: the virtual community might have a place for them after all." Those who share my high regard for Hagel's two books (co-authored with Armstrong and Singer, respectively) are urged to check out Peter Senge's The Fifth Discipline as well as O'Dell and Grayson's If Only We Knew What We Know. Both can also help with the planning and implementing of the off-site workshop recommended earlier.
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| 170. Breaking Through: The Making of Minority Executives in Corporate America by David A. Thomas, John J. Gabarro | |
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our price: $19.77 (price subject to change: see help) Asin: 0875848664 Catlog: Book (1999-06) Publisher: Harvard Business School Press Sales Rank: 155286 Average Customer Review: US | Canada | United Kingdom | Germany | France | Japan |
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Book Description Breaking Through profiles minority executives at three different firms who encountered-and conquered-barriers throughout their careers.It then contrasts their successes with the experiences of white executives who've reached upper management, and with white and minority middle managers coming to grips with stalled careers at the same companies.From the compelling stories a distinct pattern emerges in the way minorities advance.The message is clear and startling: the path that leads minorities to the top is fundamentally different than the route followed by their white peers.Here are the determining factors--both individual and organizational--that correspond to the advancement of minority executives to the highest levels. Breaking Through is an unflinching look at the very real obstacles that await minorities in a workforce whose leadership is still predominantly white.Pathways to success do exist for minorities, say Thomas and Gabarro, and breakthroughs can happen-if individuals and organizations understand the roles they play in creating the opportunities that enable minority executives to reach the top. Reviews (4)
This book sheds light on the complex career dynamics presented to minority professionals in corporate America. As an aspiring minority professional, I took away valuable strategies, as well as pitfalls, for achieving my career goals. The book is a balance of compelling empirical evidence and real-life examples. The depth of analysis makes for an engaging and enlightening reading experience. Breaking Through will serve as a personal professional reference guide and I am sure that it will become an invaluable resource throughout my career.
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| 171. Blown to Bits: How the New Economics of Information Transforms Strategy by Philip Evans, Thomas S. Wurster | |
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our price: $18.15 (price subject to change: see help) Asin: 087584877X Catlog: Book (1999-10-01) Publisher: Harvard Business School Press Sales Rank: 48228 Average Customer Review: US | Canada | United Kingdom | Germany | France | Japan |
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Amazon.com Evans and Wurster, both executives of the Boston Consulting Group, argue that the Internet demands new business strategies because it provides companies tremendous "reach" for customers without sacrificing "richness," or the quality of the information about products and services. The book shows how some businesses--Microsoft and Intuit in personal finance, Dell Computer in retailing, and the Automotive Network Exchange in manufacturing supply--are thriving amid a rapid expansion of connectivity and the widespread acceptance of new technical standards on the World Wide Web. Clearly written and tough-minded, Blown to Bits is required reading for business leaders, entrepreneurs, strategists, and others concerned about the new economics of the information age. --Dan Ring Reviews (64)
Now, say Evans and Wurster, the new economics of information is eliminating the trade off between richness and reach, blowing apart the foundations of traditional business strategy. Blown to Bits reveals how the spread of connectivity and common standards is redefining the information channels that link businesses with their customers, suppliers, and employees. Increasingly, your customers will have rich access to a universe of alternatives, your suppliers will exploit direct access to your customers, and your competitors will pick off the most profitable parts of your value chain. Your competitive advantage is up for grabs. To prepare corporate executives and entrepreneurs alike for a fundamental change in business competition, Evans and Wurster expand and illuminate groundbreaking concepts first explored in their award-winning Harvard Business Review article "Strategy and the New Economics of Information", and present a practical guide for applying them. Examples span the spectrum of industries-from financial services to health care, from consumer to industrial goods, and from media to retailing. Blown to Bits shows how to build new strategies that reflect a world in which richness and reach go hand in hand and how to make the most of the new forces shaping competitive advantage. Philip Evans is a Senior Vice President of The Boston Consulting Group. Thomas S. Wurster is a Vice President of The Boston Consulting Group in Los Angeles. The authors are co-leaders of The Boston Consulting Group's Media and Convergence Practice. Reviewed by Azlan Adnan. Formerly Business Development Manager with KPMG, Azlan is currently Managing Partner of Azlan & Koh Knowledge and Professional Management Group, an education and management consulting practice based in Kota Kinabalu, Malaysian Borneo. He holds a Master's degree in International Business and Management from the Westminster Business School in London.
By Mike Jones This book is about how the new age of technology dealing with the way information has changed the business environment forever. It starts out with the example of Encyclopedia Britanica and how they were leaders in their field in the late eighties and early nineties. Though they were very pricey the sales force targeted families with young children and the parents had to have this source of valuable information for their children. Sales were very high and there was no competition for the Encyclopedia icon. Everything was great until the computer age took hold and all of a sudden you could get that same information on a little round disk known as a CD-ROM for a fraction of the cost. That disk was even being given away with the purchase of a microcomputer that people could use for other things as well. This goes to show us that even the strongest business can be blind sided when they least expect it. Moral to be learned here is that "even the most venerable can be the most vulnerable".
In fact industrial age businesses are historically built on two compromises: Information bound with things and a trade-off between richness and reach. Information is embedded in things to reach through physical channels the final consumer, who have some difficulties to get complete unbiased information on things he buys. On the other hand, physical constraints and costs are creating a need to find balance between richness (depth and detail of information) and reach (access and connection). A salesman is able to bring richness to chosen customers when advertising is reaching more people with less richness in information. The management of Information non-transparency and asymmetry is often the base for a competitive advantage. What is happening if Information can travel separately from things and if it is possible to offer richness and reach at a same time? In that case the industrial age compromises are blowing up and competitive advantages based on asymmetric Information are disappearing putting many businesses in danger. This is what is happening with the development of computers networks using common standards to communicate in the Internet world where geography and time constraints are disappearing. Information can be unbundled from things and richness, at zero marginal cost, can be supplied with extended reach. The competition battlefield is moving from profitable cross-linked activities constituting a typical industrial age organization to individual profitable activities: "blown to bits." To compete there is no need to attack on all fronts for destabilizing a traditional company. Just concentrate on the more profitable activities-classified ads for newspapers, best customers for banks-makes it possible to "deconstruct" a business. Offering richness and reach together-deeper information on a larger range of products than retailers-makes it is possible to "desintermediate". It's real hard time for traditional organizations, which have no other alternative than to "deconstruct" and "desintermediate" themselves their own business, before somebody else is doing it. But this task is not easy against the "navigators" as Yahoo!, Intuit, but also Amazon. These one are helping consumers to find their way in the Internet marketspace. They supply reach, richness and create a link with consumers by affiliation. They concentrate more on consumers' needs than on suppliers' one and have the objective to gain a critical mass giving them an added value. Traditional companies, often too closed to their physical offer, have lower reach than "navigators" and have difficulties to gain affiliation from customers who are suspecting them to promote their own products before liberating an impartial Information. However, they can build on a slight advantage in product richness, when products are changing rapidly. To really compete, traditional companies need to go out from their own boundaries, and collaborate with their suppliers, but also with their competitors when needed. Supply chains and organizations are "deconstructed" as value chains are. Hierarchically leadership becomes obsolete to give place to a new leadership creating a culture and shaping a strategy, which will be the "glue" for a new corporation, a purposeful community. "Blown to Bits" gives many other keys as enhancing "brands as experience", creating "new intermediaries" towards a fascinating "New Economy" and I can only recommend to every executive to read this book to make sure to be aboard the train going to our common digital future. ... Read more | |
| 172. The Attention Economy : Understanding the New Currency of Business by Thomas H. Davenport, John C. Beck | |
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our price: $20.37 (price subject to change: see help) Asin: 157851441X Catlog: Book (2001-06-01) Publisher: Harvard Business School Press Sales Rank: 323880 Average Customer Review: US | Canada | United Kingdom | Germany | France | Japan |
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Amazon.com's Best of 2001 If yesterday was the age of information, today is the age of trying to attract or employ people's attention. Indeed, leaders and managers in the business world face this two-fold problem daily, constantly seeking the attention of their customers and employees while managing their own limited supply.Declaring that "understanding and managing attention is now the single most important determinant of business success," the authors examine what attention is, how it can be measured, how it's being technologically constructed and protected, and where and how attention is being most effectively exploited. Predictably, nowhere are these economics more important than in the realm of e-commerce. In the chapter entitled "Eyeballs and Cyber Malls," the authors discuss the strategies needed to gain and maintain attention "stickiness." The book contains numerous suggestions on how leaders can manage their own attention and that of their employees more effectively (and how to avoid and treat info-stress), but always with an eye on the ultimate goal: affecting the type and amount of attention your customers give you. Already, more money is often spent on attracting attention to a product than spent on the product itself (we're reminded of The Blair Witch Project, which cost a mere $350,000 to make and $11 million to market). And as our information environment gets increasingly saturated, holding a person's attention becomes an ever more difficult proposition; as the authors suggest, actually paying for someone to receive your information is a realistic prospect in the not-too-distant future. Indeed, the book's final chapter is devoted to what the authors predict will affect attention in the future, and how attention can and will be acquired, monitored, and distributed. The Attention Economy is peppered with anecdotal pull-outs and "overheard" comments; though intriguing in as random factoids and zippy, little quotes, this sideline information doesn't always tie in with the authors' points and often seems distracting. The book is well written, though, and the authors, both of whom work at the Accenture Institute for Strategic Change, take an informed and well-balanced look at what is perhaps our society's most priceless, ephemeral commodity. --S. Ketchum Reviews (21)
I turned down more pages than usual in this volume. I marked all sorts of things to share with others and to go back to. I even wrote notes on some of the pages, which I don't usually do when reading a book like this. The authors explain that "attention is the real currency of business and individuals...In post-industrial societies, attention has become a more valuable currency than the kind you store in bank accounts." The official definition: "Attention is focused mental engagement on a particular item of information. Items come into our awareness, we attend to a particular item, and then we decide whether to act." There's more, but I don't want to spoil this delicious read for you. You'll gain valuable insight into the role of attention in all aspects of our lives, how the ability to manage our attention is all-powerful . . . and how we struggle with our own personal challenge of managing the tremendous volume of information and other stimulants that bombard our senses. Part of the attention process is filtering and sorting, which is difficult for some people and can be overwhelming. There is so much in this book that I have no hesitation in giving it very high marks. Have your highlighter ready! The one negative-if it even is a negative-is the quotes and illustrative comments that appear in smaller type at the bottom of many of the pages. They distracted my attention from the flow of the text, making the book consciously a bit more difficult to read. Ah! The authors have made their point! Recommended for people in all walks of life; this is a book about us, not just an economy or business treatise.
The authors feel that the most pressing problem today is "not enough attention to meet the information demands of business and society." They argue that everything except human attention is plentiful and cheap. They think of attention as "human bandwidth." As a result, they suggest that like all scarce resources, attention is a "currency." In support of these observations, the authors note that 71 percent of white collar workers feel "info stress." They also argue that companies have "organizational ADD." The most interesting part of the book is the proposed measurement model. There are three continuums involved: one is from aversive to attractive, a second is from captive to voluntary, and a third is from front-of-mind to back-of-mind. The authors provide some examples of how to use this as a measurement tool, and prescribe some potential solutions for what they find in the examples. I thought that the weakness of this approach is that without experimental experience and testing, one will probably be wrong in prescribing from a new measurement tool. In that sense, the writing here exceeds the scope of the research the authors have done. However, I am glad they are sharing their prototype. Of existing research, you will get a quick look at psychobiology, the impact of technology on solving or making the problem worse, lessons from advertising, Web issues (especially e-mail, which they mention incessantly), leadership effects, strategy effects, and organizational structure as it affects attention. Basically, their argument is that less is more in most situations. Their goal is to create a world where technology enhances attention, you have control over sending and receiving information, you can escape information, and institutions (like companies and schools) make information more relevant for you. In so doing, they would like to see information providers focus on quality, not quantity. "In the end, the greatest prize for being able to capture attention will be the freedom to avoid it." Being familiar with the literature in this area, I found only the measurement model to be new. If you have read widely, you can focus on just that part of the book. My own sense is that measuring attention is less important than measuring what people use information for. Are they working on the right things, with the right people and tools, and in the best possible way? I also suspect that attention does need to be somewhat open. You do not know what you do not know, nor do I. Openness is clearly valuable to creativity and innovation. Hopefully, it will remain so. I was also struck that not enough attention was paid to giving people more tools for handling information that would already work. But this is a theoretical book, rather than a practical one. If you want to know more about how to turn information into influence, I suggest you read Robert Cialdini's classic, Influence. Basically, this subject is only of interest because voice mail and e-mail are being overused. That source of stress is fairly unimportant though, because little of importance comes from either source. They just happen to waste time. Good manners and more consideration would solve most of those problems. For most companies, a little attention to suggesting what should be done in both areas would solve much of the stress described here. I think we do need to do more work on helping people to appreciate their perceptual weaknesses. Like many management books, this one focuses more on "doing things to people" rather than helping people do things for themselves better. I hope that future work in this area will be more practical for the individual. My experience has been is that if people have good information, almost everyone decides and acts in the same way. The poorest sources of such information are regular financial reports in companies. As a result, Professor Kaplan's work with the Balanced Scorecard, as described lately in The Strategy-Focused Organization, is a area to focus on if you are concerned about organizational ADD. The relatively new book, Simplicity, by Bill Jensen is also a good source of ideas for how to overcome many of these issues. After you think about this issue, I suggest that you focus your organization on what are the three things you need to do better than anyone else. Then be sure that everyone understands what information needs to be addressed. Give them lots of freedom to wallow in the information anyway they like. A regimented approach will help with execution, but limit your choices. Expand your mind's control over what you focus on, to avoid the bad habits that stall progress!
The initial bad direction comes in the form of a broken definition of attention: the authors claim attention is a narrowing of perception (sensory input), followed by an action decision. The latter part of this is completely bogus from a psychological perspective, and only there to support the marketing/advertising-oriented slant of the book. Yes, attention does involve a focus on a subset of sensory input, but no decision making needs to be attached. Think of watching a movie: it has your full attention; you're blocking out surrounding stimuli to some extent. But when the movie is effective, you're along for the ride, not making decisions. Furthermore, the authors *claim* that attention-management is different from time-management, but are very sloppy in distinguishing between attention, time, mind share, effort, persuasion, and a variety of other measures. It's maddening. An example of the contradictory nature of the authors' advice is that they both advise managers to be creative in seeking their employees' attention (including multimedia messages, clowning in meetings, and other nonsense) AND advise that companies deploy "attention guards" to keep employees focused. Well, which is it? Distractions or focus? The sheer enthusiasm with which the authors endorse the arms race for attention (more and more baroque packaging of messages (ads) to get your attention) is disturbing. The graphic design of the book makes a point and is amusing at first, but when you're trying to stick to the flow of the main text, the sidebars and tangential blurbs become very distracting. They becgome more distracting as the amount of real information in the main text decreases in later chapters. I read this as a bookclub book to discuss it with a few (high-tech focused) friends, and we unanimously hated the book. I recommend taking a good look at it before spending your money.
A truly insightful book, I recommend you pause to listen to its message and judge its insight against your personal experience. Davenport et al present a new paradigm, a new way of viewing the causality of corporate thinking, and for that he should be applauded.
I suspect however that anyone reading the book is already well aware of the problem and is looking for solutions. The book offers few that are particularly new or useful. The book itself looks new. It has a 'weby' feel in that chunks of text and 'factoids' are scattered around the pages. No doubt this was intended to be attention-getting but in book format I found it distracting. Given the ever-increasing demand for our attention, it seems more important than ever to get to the point quickly and avoid tangents. This book violates that principle by squandering the readers' attention on ideas that are old (e.g.: Maslow's Hierarchy), of questionable relevance to this topic (e.g.: mergers and acquisitions) or dealt with more comprehensively elsewhere (e.g.: how to structure documents to maximize attention) ... Read more | |
| 173. Rosabeth Moss Kanter on the Frontiers of Management by Rosabeth Moss Kanter | |
![]() | list price: $29.95
our price: $29.95 (price subject to change: see help) Asin: 0875848028 Catlog: Book (1997-08-01) Publisher: Harvard Business School Press Sales Rank: 559049 Average Customer Review: US | Canada | United Kingdom | Germany | France | Japan |
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Book Description Here, for the first time, is the essential Kanter: thecutting-edge ideas and wisdom of nearly two decades that are even morerelevant today. With Rosabeth Moss Kanter on the Frontiers ofManagement, the renowned management guru presents a sweeping look backacross a decade of change in business--what has worked well, whathasn't, and what businesses still need to learn--as well as apenetrating look forward at the hard work of leadership and innovationstill to be done. In this landmark book, Kanter has integrated allher Harvard Business Review articles and the framing essays she wroteas Editor into a powerful new statement. The six sections span today'smost critical topics--strategy, innovation, customer focus, globaltrends, planning for change, strat | |