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- Herausgeber: Business Book Summaries
- Kategorie: Lebensstil
- Sprache: Englisch
The must-read summary of Mark Gottfredson and Steve Schaubert's book: "The Breakthrough Imperative: How the Best Managers Get Outstanding Results".
This complete summary of the ideas from Mark Gottfredson and Steve Schaubert's book "The Breakthrough Imperative" shows how every CEO today is under intense pressure from shareholders and outside analysts to generate performance breakthroughs. If visible progress towards a breakthrough isn’t seen within a year or two, then it becomes highly likely the new CEO will be ousted for someone else. In their book, the authors explain that managers need to make a fast start and can do so by relying on two keys to success: understanding the fundamental laws of business, and following a systematic path to performance improvement. This summary is a must-read for new leaders who want to make sure they make the right start.
Added-value of this summary:
• Save time
• Understand key concepts
• Expand your business knowledge
To learn more, read "The Breakthrough Imperative" and find out how you can make a fast start and get on the path to breakthrough success.
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Seitenzahl: 34
Veröffentlichungsjahr: 2014
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Book Presentation:The Breakthrough Imperativeby Mark Gottfredson and Steve Schaubert
Book Abstract
About the Author
Important Note About This Ebook
Summary ofThe Breakthrough Imperative(Mark Gottfredson and Steve Schaubert)
1. The fundamental principles of business
2. A systematic path to performance improvement
Book Presentation:The Breakthrough Imperativeby Mark Gottfredson and Steve Schaubert
Book Abstract
MAIN IDEA
Every CEO is today under intense pressure from shareholders and outside analysts to generate performance breakthroughs. If visible progress towards a breakthrough isn’t seen within a year or two, then it becomes highly likely the new CEO will be ousted for someone else. A very fast start is required.
The managers who meet this fast start imperative generally do so because they rely on two keys to success:
They understand the principles which underpin success in business and therefore see things others don’t, do things others won’t consider and avoid the traps others fall into.They assess their organization’s full potential, diagnose their starting point accurately, craft a realistic set of objectives and then map a trajectory from where they currently are to where they want their organization to be in the future.Just understanding the fundamentals of business alone isn’t enough. Nor is knowing how an organization can improve sufficient in and of itself. It is the combination of these two factors which leads to the fast start and then ongoing success which is required.
“Great managers, like great athletes, don’t win all the time. But because they are well grounded in the fundamentals – because they train, study, and practice – they can do things others can’t. Successful general managers understand and apply the basic laws that govern what they do. Using those basics, they map out where they are starting from, where they are going and how they plan to get there. And then they actually do it.”
– Mark Gottfredson and Steve Schaubert
About the Author
MARK GOTTFREDSON is a director of Bain & Company’s Dallas office. He also serves as head of Bain’s Performance Improvement Institute. Mr. Gottfredson has more than 24 years’ experience advising CEOs and top-level managers in a wide range of industries. He is a graduate of Harvard Business School and Brigham Young University.
STEVE SCHAUBERT is a director of Bain & Company’s Boston office. He has worked with Bain since 1979 and consults with clients in the steel, textiles, automotive, consumer products, distribution, healthcare and financial services industries. Mr. Schaubert is a graduate of Harvard Business School, Northeastern University and Yale University.
The Web site for this book is atwww.TheBreakthroughImperative.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 ofThe Breakthrough Imperative(Mark Gottfredson and Steve Schaubert)
1. The fundamental principles of business
Despite all the inherent complexities and subtleties involved, there are in fact only four fundamental laws and twelve must-have facts which underpin commercial success. Ignore these laws and stay ignorant of these facts and it’s that much harder to do well in business.
Law 1 – Costs and prices always decline
The more often any business task gets done, the less it costs to do it over time. The reason for this is as the organization gets more experience, it usually figures out how to do things cheaper, better or faster. This is described as “moving down the experience curve”. The challenge is to apply the benefits of the experience curve rigorously and systematically.
The experience curve applies in almost all business settings. If a company doesn’t obey it and adjust prices accordingly, a more aggressive competitor who does apply the curve will come along and draw away customers.
