Summary: Contagious Success E-Book

BusinessNews Publishing

• Herausgeber: Business Book Summaries
• Kategorie: Fachliteratur
• Sprache: Englisch

Seitenzahl: 33

Veröffentlichungsjahr: 2013

Beschreibung

The must-read summary of Susan Annunzio's book: "Contagious Success: Spreading High Performance Throughout Your Organization”.

This complete summary of the ideas from Susan Annunzio's book "Contagious Success" shows that an in-depth study of 3,000 knowledge workers around the world was carried out to attempt to identify the management behaviors which accelerate profitable growth. Although 77% of these respondents claimed they belonged to a high-performing work group, only 10% of them actually belonged to work groups that generated profitable new products, services or processes. In other words, even the best performing business units could do much better if company leaders could better harness the employee brainpower they already have available. This summary explains how to respond to the changing demands of the marketplace and to succeed in growing. 

Added-value of this summary: 
• Save time 
• Understand the key concepts
• Increase your business knowledge

To learn more, read "Contagious Success" and achieve results the right way. 

Leseprobe

Book Presentation: Contagious Success by Susan Annunzio

Summary of Contagious Success (Susan Annunzio)

Book Presentation: Contagious Success by Susan Annunzio

Book Abstract

MAIN IDEA

To attempt to identify the management behaviors which accelerate profitable growth, an in-depth study of 3,000 knowledge workers around the world was carried out. Although 77-percent of these respondents claimed they belonged to a high-performing workgroup, only 10-percent of them actually belonged to workgroups that generated profitable new products, services or processes. In other words, even the best performing business units could do much better if company leaders could better harness the employee brainpower they already have available.

With this in mind, the best way to respond to the changing demands of the marketplace and to succeed in growing is:

Look inside your organization, identify your high performing workgroups and do everything feasible to enhance their performance.Share the secrets of your strongest workgroups with mid-level performers so they can make the step up.Spend more time nurturing your high performers and less time cutting workgroups which are performing poorly.Grow your business by building and managing your individual workgroups more effectively.Don’t fall into the trap of using conventional thinking, but take advantage of workgroup based reality thinking instead.

“To be a winner, you need to achieve results the right way. Once you do that, success is contagious.”

– Susan Annunzio

About the Author

SUSAN ANNUNZIO is the founder and CEO of the Hudson Highland Center for High Performance. She specializes in working with corporate leaders to help them maximize their returns on strategic, financial and human capital investments. Ms. Annunzio (a graduate of Loyola University) is also adjunct professor at the University of Chicago Graduate School of Business and a regular guest lecturer at INSEAD business school in Fontainebleau, France and at General Electric’s Crotonville Corporate Training Center. She is the author of two books, Communicoding and Evolutionary Leadership.

The Web site for this book is at www.contagioussuccess.com.

Important Note About This Ebook

This is a summary and not a critique or a review of the book. It does not offer judgment or opinion on the content of the book. This summary may not be organized chapter-wise but is an overview of the main ideas, viewpoints and arguments from the book as a whole. This means that the organization of this summary is not a representation of the book.

Summary of Contagious Success (Susan Annunzio)

1. The Basic Principles of Workgroup Management

To grow your business, narrow your focus. Get to better understand your top-performing workgroups and do everything feasible to better leverage what those top workgroups do. Replicate those workgroups by helping the mid-level performers perform better. That way you can spread success throughout your entire organization and maximize the amount of creative thinking that takes place. This is the path to growth.

1. Workgroups are the “engine rooms” for organizational growth

Every company or organization has workgroups of various sizes. A workgroup may have just a few people in it, or it may have hundreds or thousands. Some organizations form workgroups along functional lines, others use products groupings or geographical areas. Workgroups can be permanent or temporary. A workgroup is the basic unit responsible for generating measurable results in an organization.

The leaders of your own organization probably think of it conceptually as a series of individual workgroups, each of which needs to be handled differently. Some of the workgroups are probably stand-out performers, while others under-perform. In fact, in the study of 3,000 knowledge workers, the global distribution of workgroups was:

The way workgroups are managed is evolving rapidly. In the industrial era, the assembly line and economies of scale were the fuel of corporate success. In those circumstances, top-down command-and-control hierarchies worked well. Business decisions were reasonably straightforward, competitors were well defined and obvious, and it wasn’t necessary for workers to think creatively – all they had to do was follow directions.