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Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success
book

Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success

by Scott Davis, Carter Copeland, Rob Wertheimer
July 2020
Beginner content levelBeginner
288 pages
8h 23m
English
McGraw-Hill
Audiobook available
Content preview from Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success

CHAPTER

10

STANLEY BLACK & DECKER

Adding a Digital Layer

BY ROB WERTHEIMER

Images

Stanley Black & Decker (SBD) is a case study in repeated successes with one new edge. Two decades ago the company was in a place of weakness, a victim of the competition from China that was hollowing out much of industrial America. Its management team led the company through a remarkable, multistage revival: first a cost-focused turnaround, followed by the creation of a highly effective business system, and then acquisitions that levered growing expertise in operations. The new edge is how SBD has melded its high-functioning business system with the connections and opportunities ...

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Publisher Resources

ISBN: 9781260468403