Skip to Content
The Financial Times Guide to Strategy, 5th Edition
book

The Financial Times Guide to Strategy, 5th Edition

by Richard Koch
September 2021
Intermediate to advanced
414 pages
11h 3m
English
Pearson Education
Audiobook available
Content preview from The Financial Times Guide to Strategy, 5th Edition

CHAPTER 2

WHAT BUSINESSES ARE YOU IN?

Within your total Business Unit, there are almost certainly a lot of different businesses, or business segments: far more than you realise. The first step is to define what these different Business Segments (or ‘segments’ for short) are.

Let me explain why this is important. One of the most glorious insights about life, the universe and everything, is the eighty/twenty (80/20) rule. This states that 80 per cent of the value of any activity is likely to come from 20 per cent of the inputs. Thus, 80 per cent of the value you generate in your work, or come to that, in your home life, is likely to come from the most useful 20 per cent of your time. Similarly, 80 per cent of the profits of a firm are likely to ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

The Financial Times Guide to Investing, 4th Edition

The Financial Times Guide to Investing, 4th Edition

Glen Arnold
The Finance Book, 2nd Edition

The Finance Book, 2nd Edition

Stuart Warner, Si Hussain

Publisher Resources

ISBN: 9781292370071