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The must-read summary of Les McKeown's book: "Predictable Success: Getting Your Organization on the Growth Track - and Keeping It There".
This complete summary of the ideas from Les McKeown's book "Predictable Success" shows that every business goes through regular and periodic stages of growth and decline. This pattern of organisational development has traditionally been termed the "Lifecycle of a Business" and is a well-known phenomenon. In his book, the author explains that instead of following this lifecycle, you need to ensure that your company is always positioned at the top, known as the "predictable success" zone. This summary reveals how you can focus on getting your business into this zone and keeping it there, making sure that you respond to anything that threatens its position.
Added-value of this summary:
• Save time
• Understand key concepts
• Expand your knowledge
To learn more, read "Predictable Success" and discover the key to achieving consistent success.
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Seitenzahl: 34
Veröffentlichungsjahr: 2014
Book Presentation: Predictable Success by Les McKeown
Book Abstract
About the Author
Important Note About This Ebook
Summary of Predictable Success (Les McKeown)
1. How to move towards Predictable Success
2. What Predictable Success looks like – and how to stay there
3. How to stop moving away from Predictable Success
Book Abstract
Every business goes through regular and periodic stages of growth and then decline. This pattern of organizational development has traditionally been termed the “Lifecycle of a Business” and is a well-known phenomenon.
From the perspective of a business owner, however, you always want your company to be positioned in the sweet spot at the top of the cycle. This sweet spot is the “Predictable Success” zone. When you’re in this zone:
You’ve assembled a team who know what they’re doing and what they need to do better to grow the business further.You move towards your goals consistently and systematically rather than haphazardly.You know why you’re a success and you use that information to sustain and generate even more success and growth over the long haul.Predictable Success is never the direct result of an organization’s age, resources or even culture. The real challenge of business is to stay at the top of the lifecycle. When things come along with the potential to move you away from this sweet spot, you’ve got to respond appropriately.
To be a long-term success, get your organization into the Predictable Success zone and stay there. If you can do that consistently well, you’ve unlocked the success code for your enterprise and that’s going to be your most impressive achievement.
“Predictable Success is a state reachable by any group of people – any organization, business, division, department, project or team – in which they consistently (and with relative ease) achieve their common goals. Those of us who manage groups of people want to get to Predictable Success for a simple reason: It’s much easier to manage a group when they – and you – know how to be successful. Managing an organization that is in any state other than Predictable Success is a trial of nerves: The organization may or may not be successful and even when it is successful, it’s hard to tell why or to ‘capture’ that success so that it can be repeated.”
– Les McKeown
About the Author
LES McKEOWN is president and CEO of Predictable Success, a business incubation consulting company. He is a writer, trainer and business consultant to high-performance organizations. Mr. McKeown has more than 25 years’ experience in business and has personally started and grown 42 companies. He consults with CEOs and the senior leaders of many organizations. Some of his clients have included Harvard University, American Express, T-Mobile, United Technologies, The US Army, Microsoft and the UK Department of Enterprise, Trade & Investment. Mr. McKeown is the author of Retaining Top Employees, The Complete Guide to Mentoring and Coaching and The Complete Guide to Orientation & Re-Orientation. Mr. McKeown is a qualified Chartered Accountant in the UK.
The Web site for this book is atwww.PredictableSuccess.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.
1. How to move towards Predictable Success
When an organization is young, you’ve got to keep it moving forward and developing until you hit the sweet spot where Predictable Success happens more naturally. To get to Predictable Success, you’ve got to move through three stages:
Early Struggle – where you’re trying to get cash to survive and validate your market.Fun – where your sales are starting to take off.Whitewater – the growing pains as you shift focus from sales to profitability.