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Built to Last by Jim Collins
Book Type: Audio CD
Published:
Publisher: harpercollins
RRP:£
Cheapest price: £15.09
Prices last checked: 14/11/2008 00:27:26
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Review:
The concept behind this book is brilliant: Find out what makes companies that outperform their peers for decades enjoy that success. The most important lesson of this book is to create lasting ways of managing your business successfully that will outlive the skills and perspective of any one person, no matter how talented.The book is fun to read. I liked the way the ideas were described: "Big, hairy, audacious goals" is a fun concept just from the title. One of the most useful ideas is that we need to hold conflicting ideas in our minds, such as "do more" and "spend less". English often suggests that conflicts exist in what can be done that do not really exist in practice. This book is outstanding for "telling it like it is". Of particular interest to investors will be the stock-price charts showing how valuable these lessons are for public companies and their shareholders.The work is a little dated in that it is looking at lessons that were the causes of success decades ago. Also, the book is most relevant to new companies rather than established ones. None of the companies profiled here ended up being an important source of busines model innovation in the 21st century, so you'll have to find that information from more recent research.
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