Book description
In this updated edition of Profit from the Core, authors Chris Zook and James Allen show that a renewed focus on the core is more critical than ever as firms seek to rebuild their competitive advantage coming out of the downturn—and that a strong core will be the foundation for successful expansion as the economy recovers. Based on more than ten years of Bain & Company research and analysis and fresh examples from firms responding to the current downturn, the book outlines what today’s executives and managers need to do now to revitalize their core, identify the next wave of profitable growth, and build on it successfully.
Zook and Allen explain how companies can:
• Develop a strong, well-defined core and use it to establish a leadership position
• Follow the golden rule of strategy: discourage competitors from investing in your core
• Assess whether your core is operating at its full potential
• Uncover hidden assets in your core that provide the seeds for new growth
• Find a repeatable formula to apply core business strengths in adjacent markets
Building on powerful and proven ideas to meet today’s formidable business challenges, Profit from the Core is the back-to-basics strategy field guide no manager should be without.
Table of contents
- Title Page
- Copyright Page
- Table of Contents
- Preface
- Acknowledgments
- 1 - Desperately Seeking Growth
- 2 - The Profitable Core
- 3 - The Alexander Problem
-
4 - The Redefinition Dilemma
- The Rarity of Successful Transformation
- The Actuarial Tables of Corporate Mortality
- The Increasing Odds of Corporate Morbidity
- The Chances of Succeeding at Redefinition
- Redefinition Is About Speed
- When to Redefine the Core
- Preparing the Organization to Redefine the Core
- Waking Up to Core Redefinition
- Conclusion
- 5 - Growing from the Core
- Notes
- Bibliography
- Index
- About the Authors
Product information
- Title: Profit from the Core
- Author(s):
- Release date: February 2010
- Publisher(s): Harvard Business Review Press
- ISBN: 9781422157138
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