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    Survival Is Not Enough: Why Smart Companies Abandon Worry and Embrace Change
    by Seth Godin
    Average Customer Review: 3.5 out of 5 stars
    Paperback (03 December, 2002)
    list price: $13.00 -- our price: $9.75
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    Editorial Review

    In Survival Is Not Enough, former Yahoo executive and author of Permission Marketing Seth Godin turns his attention to the predominant issue facing all business today: change. Godin takes the perspective of an evolutionary biologist, borrowing ideas from the likes of Richard Dawkins, Jared Diamond, and Matt Ridley to formulate his own prescription for business survival, a concept he calls "zooming," which he defines as "stretching your limits without threatening your foundation." The result is a wide-ranging and eclectic menu of useful ideas that just about anyone looking to enhance their career, job satisfaction, and their company's prospects would do well to consider. --Harry C. Edwards ... Read more

    Reviews (23)

    4-0 out of 5 stars Thoroughly enjoyable...
    I really enjoyed Seth Godin's Permission Marketing so I had high expectations of Survival is Not Enough and I must say that my expectations were easily met.

    I read the book cover to cover in one day and found that Seth's insights were not only meaningful but inspirational.
    Any person managing people or thinking of starting a company should invest in reading this book. It will definitely change the way you see the role of people in your company and how companies hold on to survival for dear life rather then embracing change to continue and succeed and as we're shown time and time again "Survival is Not Enough"

    3-0 out of 5 stars Has some interesting ideas..
    Has some interesting ideas. I don't know how much of it can actually be implemented, however. Just because there's chaos around you doesn't mean you have to live/work in chaos. Remember the hare and the turtouise fable?

    5-0 out of 5 stars Science and Business Hand in Hand
    Europeans, especially the British, see science as separate from business, and scientists and businessmen as separate species.This book categorically refutes this folly.Science and business are the same.What he is trying to say about the outliers being successful in a changing world is not new.The germans always practiced this principle.Try to do the best job you can and keep improving it technically no end.Provided you are not doing something completely silly, you will find that your only competitor will be, perhaps, another West German company (this is what happened in textiles in Germany).The problem is that we always focus on making that dollar, on the "average" behaviour or achieving some margin.Money is EMERGENT, i.e. just do what you love and at some threshold of excellence the money will follow you.The hidden message of evolution is seeing change as an agent of opportunity rather than a threat.Therefore, governments should encourage and support education, long degrees of 6 years or so, as used to be the norm in France and Germany we require again today even more so than before.Only when the population acquires the hunger for knowledge can they become the flexible individuals able to survive is a dynamic world. ... Read more

    Isbn: 0743233387
    Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Entrepreneurship    5. Management +    6. Management - General    7. Structural Adjustment    8. Business & Economics / General   


    $9.75

    The Innovator's Solution: Creating and Sustaining Successful Growth
    by Clayton M. Christensen Michael E. Raynor
    Average Customer Review: 4.5 out of 5 stars
    Hardcover (September, 2003)
    list price: $29.95 -- our price: $19.77
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    Reviews (31)

    1-0 out of 5 stars The Innovator's Solution
    I am afraid I cannot recommend this book.It wonders around in theory and academic analysis and never says anything practical.The imagined "solution" is so complex and ethereal that even the authors admit they know of no company that has successfully implemented the "solution".A waste of time for any real solution.

    5-0 out of 5 stars TOWARD A COMPREHENSIVE THEORY OF DISRUPTION IN ECONOMICS
    Prof Christensen, in this concise book, aims to develop a theory to explain how disruption occurs (much of which he had already done in Innovator's Dillemma) and how companies can position themselves to defend their markets, exploit opportunities in disrupted markets, and tell the difference between incremental market improvements and disruptions.

    Disruption, he describes convincingly, usually occurs at the "bottom" of the market, where new companies compete mainly with non-consumption and powerful incumbents would not mind.The best example I found was used in many different chapter, was that of department stores being moved to high margin clothing by discounters and category killers.The disruptors came in and took the most undesirable parts of the business and built a model to make it economical.

    The most brilliant insight, however, I found to be the effect when the disruption is complete, that is, when the original incumbent is driven out of the market.Then margins fall precipitously, since the marginal cost now is at the disruptor rather than the disruptee.

    A manager facing a disrupted industry would do well to read this book.In it, there are simple pieces of advice on how a company should organize to gain the agility to implement a disruptive model, even if originating within the incumbent.You will read it and immediately start looking for disruptions all around you, eager to find one that can be exploited.The model developed is very interesting, as the authors spend quite a bit of writing on the underpinnings of the theory.Overall, it is a very useful book, though if you are a practical businessman (rather than one interested in and who finds theories helpful) you will likely not enjoy it.Theorists in business would be the best atrget audience.

    5-0 out of 5 stars Generating Growth
    The Innovator's Dilemma concentrated on the forces that tend to cause established companies to do things that eventually lead to their downfall in the face of disruptive innovation.There was some discussion about how the company can structure the group to face the disruptive innovation, but in generalities rather than specifics.

    The Innovator's Solution is really more concentrated on producing new growth through disruptive markets rather than on maintaining dominance in the presence of disruptive innovation.That being said, the specific details on generating new growth areas are equally applicable to avoiding being toppled by a new entrant.

    Particularly good is the emphasis on what circumstances are important for success & failure.Most of the examples are very applicable, but some are stonger than others.Some have mentioned the milkshake example of being particularly weak, but I don't agree that it is worthless.Yes, the problem being addressed is a marketing research problem, but that is directly applicable to the circumstances in that case.There were other, stronger examples of identifying how to compete against non-consumption, but if viewed as a simple, pedagogical example, it does serve to show an application of what was just discussed.

    I enjoyed this very much and if you liked The Innovator's Dilemma, this will leave you feeling much less fatalistic. ... Read more

    Isbn: 1578518520
    Sales Rank: 1032
    Subjects:  1. Business    2. Business & Economics    3. Business / Economics / Finance    4. Business/Economics    5. Creative ability in business    6. Customer services    7. Forecasting    8. Industrial management    9. Management - General    10. Success in business   


    $19.77

    The Innovator's Dilemma
    by Clayton M. Christensen
    Average Customer Review: 4.5 out of 5 stars
    Paperback (07 January, 2003)
    list price: $17.95 -- our price: $12.21
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    Editorial Review

    What do the Honda Supercub, Intel's 8088 processor, and hydraulic excavators have in common? They are all examples of disruptive technologies that helped to redefine the competitive landscape of their respective markets. These products did not come about as the result of successful companies carrying out sound business practices in established markets. In The Innovator's Dilemma, author Clayton M. Christensen shows how these and other products cut into the low end of the marketplace and eventually evolved to displace high-end competitors and their reigning technologies.

    At the heart of The Innovator's Dilemma is how a successful company with established products keeps from being pushed aside by newer, cheaper products that will, over time, get better and become a serious threat. Christensen writes that even the best-managed companies, in spite of their attention to customers and continual investment in new technology, are susceptible to failure no matter what the industry, be it hard drives or consumer retailing. Succinct and clearly written, The Innovator's Dilemma is an important book that belongs on every manager's bookshelf. Highly recommended. --Harry C. Edwards ... Read more

    Reviews (130)

    5-0 out of 5 stars Entrepreneurs - read this & gain the upper hand
    In this revolutionary bestseller, Harvard professor Clayton M. Christensen says outstanding companies can do everything right and still lose their market leadership, or worse, disappear completely. And he not only proves what he says; he tells others how to avoid a similar fate.

    To be a successful entrepreneur you must be able to capitalize on change. "The Innovator's Dilemma" is all about dealing with change, from the incumbent's point of view. How valuable do you think it would be to understand how your larger competitors think? That's exactly what this book talks about.

    Most large, established firms are inherently weak in one area - they cling to the status quo with a vengeance. While talk of innovation is commonplace, it is the attacker (entrepreneurs) who holds a definitive advantage. Without legacy systems and overbearing bureaucracy it is the entrepreneur who has the upper hand.

    "The Innovator's Dilemma" consists of two major parts:

    Part One: Why Great Companies Fail
    Part Two: Managing Disruptive Change

    This is one of the most insightful books on business that I have ever read. It explains a very important concept - how radically new (disruptive) technologies can overtake existing well-established (sustaining) technologies and in the process beat market leaders at their own game.

    Large companies typically ignore small markets and instead look for growth in established markets. All too often executives of large companies are reluctant to take on challenges in small and unknown terrain since they are always trained to "think big" - which is good news for Aspiring Entrepreneurs.

    Take heed, read this book and learn how to fully exploit disruptive technologies and become the next "great company."

    -----------------
    Michael Davis - Editor, Byvation

    5-0 out of 5 stars Fresh and insightful analysis
    A great book with some very insightful ideas. Prior to reading this book, the term "disruptive technology" was foreign to me. I always thought that the large company's misfortunes were largely an indication of how short-sided or greedy their management have become. The more I read, the faster my previous assumptions disappear. We have had many companies come out of no-where and become a technological sensation over night, with products that are destined to become main stream. I never viewed those innovations as disruptive technologies but rather as fresh approaches to the same problems that have existed for sometime, which may seem sound to some, but to others who were focused on that core of business, they will see how some new innovations may spell the death-sentence for some companies as well as retire the current de facto products that are in that void. Christensen also discusses how companies can survive disruptive technology attacks and benefit from them to maintain their active participation as well as leadership in their respective industry. Foresight and the courage to invest in those disruptive technologies is key to keep the core business balanced as well as staying in touch with the new competitors.

    5-0 out of 5 stars Only the Paranoid Survive
    In a landmark study, the author argues that the basis of competition among businesses undergoes a paradigm shift everytime a disruptive technology is born. So what is a disruptive technology? Remember what Walmart did to Sears? Of course you do, because disruptive technologies are usually products or services that are faster, cheaper, smaller, and more convinient. Ultimately, good companies must refrain from doing what got them to the top in the first place--listening to their customers and believing everything comes down to superior technology--in order to successfully compete with the onslaught of start-ups redefining both the buying hierarchies and value networks in which they are implicated.

    This is without a doubt one of the best business books I have ever read. ... Read more

    Isbn: 0060521996
    Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Creative ability in business    5. Customer services    6. Development - Economic Development    7. Economics - General    8. Economics - Theory    9. Entrepreneurship    10. Industrial management    11. Management - General    12. Success in business    13. Business & Economics / Economics / General    14. Reading Group Guide   


    $12.21

    Wired
    Average Customer Review: 4.0 out of 5 stars
    Magazine
    list price: $59.40 -- our price: $12.00
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    1-0 out of 5 stars Lots of Flash, No Bang.
    Wired purports to be a cutting edge high tech magazine. In fact, it is little more than a Nerd's version of People magazine, with a lot of short, unconnected articles purporting to offer inside information from the tech community. It is most likely to be of interest to Gamers (and has lots of ads addressed to that crowd).

    The best thing about it is its (expensive) graphics, but that doesn't justify wasting your time or money on it.

    1-0 out of 5 stars BEWARE OF YOUR SUBSCRIPTION
    I got a letter from a collecting agency stating WIRED hired them "to write you as to why payment has not been made as of this letter date." The letter ends in a bold, italicized threat:

    "This is an attempt to collect a debt and any information obtained will be used for that purpose."

    I never subscribed to this magazine yet I got this letter. I called the handy number right at the top of the "bill" and I was forwarded to a recording with the following instructions:

    press "1" to make payment
    press "2" if already paid
    press "3" never received subscription
    press "4" never renewed subsciption
    press "5" never ordered subscription


    I pressed 5, and that was that. Talk about a low way to get subscribers. This is bottom feeding. Magazines used to offer you incentives. Now they threaten to louse up your credit rating.

    Anyway, I am writing this to inform and warn existing and future subscribers about this magazine. Based on the options given above, not only "non-subscribers" like me get a letter from a collecting agency to subscribe to this magazine, but also existing subscribers who did not renew their subscriptions.

    I think this is taking guerilla marketing a bit too far - not only are you being billed for something you didn't order, but they're skipping right over you and sending your name directly to a collection agency.

    2-0 out of 5 stars The Dark Side Of Wired
    I was a Wired subscriber for 2 years but later on decided not to continue with the subscription. I wish it was that easy! They sent me a couple issues after the subscription ended (without any approval!) and then started to bomb with those endless mail reminders like "we still didn't get your payment, please don't forget" and "we want you not to miss any of our great issues". Sure thing, I ignored them but now they forwarded my info to some collecting agency which threatens me and asks to pay the subscriprion fee plus late fees plus collection fees.

    The magazine itself is okay though. I quite understand this review is basically not what people write about things but anyway. I just wanted to address this information to whoever might be interested in it. ... Read more

    Asin: B00005N7TL
    Sales Rank: 8
    Subjects:  1. Computers & Internet    2. Internet    3. Business    4. Technology   


    $12.00

    Fortune
    Average Customer Review: 4.5 out of 5 stars
    Magazine
    list price: $150.47 -- our price: $29.98
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    Editorial Review

    Just as Wall Street is an icon to the investment community, Fortune magazine is one to its readership, the difference being Fortune's diversified reach into the many facets of business: technology, companies, global economics, and, of course, your personal fortune. While many a narrow-focused business and investing magazine has come and gone, Fortune has grown and prospered, investing as much in content as ad space and staying in print since the 1930s. Columns include features on the marketplace, tech movers and shakers, career trends, U.S. politics, and even European business. Readers also look forward to the annually updated Fortune lists, which include the "40 Richest Under 40," "Most Powerful Women," and the "Fortune 500," an exclusive collection of companies whose employees are undoubtedly Fortune readers as well. --Mace Bainwright ... Read more

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    4-0 out of 5 stars Good magazine
    Of the Big 3 (FORTUNE, Forbes, and BusinessWeek), I like FORTUNE the most.BusinessWeek feels like it's always copying someone or dying to jump on the bandwagon for the next big thing.Forbes is a good magazine but sometimes is so original that it veers too far from its original purpose---to report and analyze the business world.
    FORTUNE profiles the people it chooses and writes about current events without just summarizing the way BusinessWeek does.

    3-0 out of 5 stars The CEO Business Journal
    Financial magazines are in great abundance on the newsstand shelves and one of the best known among them is Fortune. This publication is popular for many reasons, foremost among them being the annual Fortune 500 rankings, which presents the corporations in the United States in a ranking list based on sales.

    Does Fortune have much else to offer besides this annual ranking? Yes and no. There is some good reading to be found here from time to time, with Fortune writers presenting some good articles on a diverse range of topics from taxation, to employee benefits, to political regulation of business. But in other ways, Fortune's primary focus makes it the type of magazine that few can relate. Most of what you read in Fortune is aimed at CEO's and other high- ranking corporate officers. Articles that discuss how a CEO successfully contained costs and helped increase shareholder value make for some ok reading, but they are not the type of articles that most readers can relate to.

    Fortune is very much a corporate publication, and while it does present a few articles on personal finance, it would be better if it contained more. Also, it would be nice if there was a more personal dimension to this magazine. Along with more articles on personal finance and investing, I would like it better if it included stories of actual families illustrating what they have done to achieve their personal goals.

    Fortune magazine will continue to remain one of the definitive publications in its field for corporations and for CEO's in particular. It could use a few improvements and a little better focus, but it's still a decent magazine to read. Even if you don't own your own business, Fortune does provide some useful tips for business success.

    5-0 out of 5 stars outstanding articles, really gets to the heart of the matter
    As a Fortune reader for an embarrassingly long amount of time, it is a pleasure to say that it is getting better and better. The articles are really well-written and substantive.It is a real counter-balance to the daily business news - just enough above the fray to be insightful, but not so abstract as to be out of practical touch.Well done. ... Read more

    Asin: B0000AWD8Z
    Subjects:  1. Business    2. Investing    3. Economics    4. Business & Economics    5. Personal Finance - Investing    6. Corporate Finance   


    $29.98

    Business 2.0
    Average Customer Review: 3.0 out of 5 stars
    Magazine
    list price: $47.40 -- our price: $14.99
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    Editorial Review

    Business 2.0 offers today's "visionaries" a refreshing blend of traditional and contemporary business strategies. Lighthearted perspectives give way to hard-hitting articles on industry trends, while historic references pay homage to some of the world's all-time-great business leaders. Regular features include "Startup" ("People, trends, wild conjecture"), "What Works" ("Tactics, tools, true-life adventures") and "Self Serve" ("Navigate your life, enhance your view"). Throw in some flashy graphics and unusual fonts, and a slant towards the Internet economy, and Business 2.0 is well-positioned for the next century of business.--Elizabeth Malker ... Read more

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    4-0 out of 5 stars Uneven
    If you're going to publish a business magazine, then you should publish articles that are useful to people in business. Business 2.0 does this, but only with every second or so issue. In between, they publish a lot of vapid, unfocused material that is unworthy of publication anywhere.

    The good articles are worth enough to me that I'll continue to subscribe, but I wish they'd get their act together.

    4-0 out of 5 stars Good for keeping on top of a lot of business topics
    I have been a subscriber for some time. It's a business publication that does not focus solely on Wall Street financials - they are there to a lesser degree but this is not the publication if that is what you are looking for. Think entrepreneur or general business topics and that's Business 2.0. It does not focus on one topic or industry but covers all to some degree - think `oddball' as well. Monthly sections include `What's Next', `What Works', `What's Cool'. The articles are cutting edge in some cases, well researched and well written with an informal slant. They cover tech, marketing, product development, product design, ideas, new products and services, M&A's and a wide range of general business topics. You will find out about new things before most of your coworkers, giving you interesting conversation fodder for the water cooler, happy-hour settings. To go even further in figuring out their demographics and target market/s, the ads include autos like Camry, Land Rover LR3, Mini Cooper and even the Porsche Boxster, Laptops, Business Productivity Software like Office 2003, Business Products like copiers and printers, Mobile calling plans, HP, Credit Cards and even Lufthansa airline. So if you are not in this demographic, maybe they're not targeting your demographic. Why Buy: You are an up and coming business major or business professional in your `building your career foundation' of your career. You are entrepreneurial minded. You want to keep on top of a wide range of business topics and even some that are not yet making the news. As a gift for someone with these interests.

    2-0 out of 5 stars amazon is incredibly overpriced on this
    amazon sells a one year subscription for $14 which includes a $5 amazon certificate that you get later.

    in the actual magazine, the subscription card is 6.99 for one year or 2 years for $10.00

    so use the card, save some money and also dont have to wait for your $5 back and then find something at amazon that you can use the $5 certificate on.
    ... Read more

    Asin: B00005R8BQ
    Subjects:  1. Computers & Internet    2. Business    3. Technology   


    $14.99

    Fast Company
    Average Customer Review: 5.0 out of 5 stars
    Magazine
    list price: $59.40 -- our price: $12.00
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    Editorial Review

    Since 1995, Fast Company has been an informative and vital voice of the changing business industry. The monthly magazine is a beacon to new industries, especially those tied to the Internet, but offers more. Inside are smart attitudes and information that give entrepreneurs and business professionals the particulars of leadership and organization, no matter what the trade. Find key ingredients of working in teams or read a candid interview with the leaders of today's leading-edge companies. The magazine also offers practical business tools and tactics, from must-have gadgets to how to handle voluminous amounts of e-mail. Ideas come from Wall Street, Silicon Valley, Harvard, and even Las Vegas. The magazine dubbed the entrepreneurship and consulting movement "Free-Agent Nation," and overnight became the bible for those working for themselves. --Doug Thomas ... Read more

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    5-0 out of 5 stars I Just Love This Magazine!
    I only read two magazines cover to cover: Fast Company and The New Yorker. Why? I never read Fast Company in the '90s during the day. But I am constantly surprised by stuff I find in its pages. The stories are entertaining and surprising. Most of the stuff the magazine runs you won't get or see anywhere else. I just read the story on George Stalk in the newest issue. Wow! Couldn't imagine seeing this in any other magazine--except The New Yorker. Keep up the great work.

    5-0 out of 5 stars Who Needs Fortune or Forbes
    I just picked up a recent issue, the one with New Yorker writer Malcolm Gladwell on the cover. Wow! This is a remarkably surprising and entertaining magazine--and one of the few to deliver useful advice and lessons that immediately help you at work. If you're in business, reading Fast Company doesn't feel like homework which is the sense I get from other business magazines. It's one of the few magazines I can read from cover to cover and greatly enjoy. I find myself re-reading some of these stories (the writing quality often approaches what you'd expect to find in an Esquire or New Yorker). It's my new favorite magazine!

    5-0 out of 5 stars Smart Moves
    Truly one of the best print and neumedia that I've perchanced to read, and be part of online.

    I would recommend FastCompany to every business entity or entrepreneur. FastCompany's articles have facets of a diamond that most businesses tend to overlook! Its a brilliant magazine and would make a great gift subscription for the budding Technopreneur. ... Read more

    Asin: B00005N7Q4
    Subjects:  1. Computers & Internet    2. Internet    3. Business   


    $12.00

    Execution: The Discipline of Getting Things Done
    by Larry Bossidy Ram Charan Charles Burck
    Average Customer Review: 3.5 out of 5 stars
    Hardcover (15 June, 2002)
    list price: $27.50 -- our price: $16.99
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    Editorial Review

    Disciplines like strategy, leadership development, and innovation are the sexier aspects of being at the helm of a successful business; actually getting things done never seems quite as glamorous. But as Larry Bossidy and Ram Charan demonstrate in Execution, the ultimate difference between a company and its competitor is, in fact, the ability to execute.

    Execution is "the missing link between aspirations and results," and as such, making it happen is the business leader's most important job. While failure in today's business environment is often attributed to other causes, Bossidy and Charan argue that the biggest obstacle to success is the absence of execution. They point out that without execution, breakthrough thinking on managing change breaks down, and they emphasize the fact that execution is a discipline to learn, not merely the tactical side of business. Supporting this with stories of the "execution difference" being won (EDS) and lost (Xerox and Lucent), the authors describe the building blocks--leaders with the right behaviors, a culture that rewards execution, and a reliable system for having the right people in the right jobs--that need to be in place to manage the three core business processes of people, strategy, and operations. Both Bossidy, CEO of Honeywell International, Inc., and Charan, advisor to corporate executives and author of such books as What the CEO Wants You to Know and Boards That Work, present experience-tested insight into how the smooth linking of these three processes can differentiate one company from the rest. Developing the discipline of execution isn't made out to be simple, nor is this book a quick, easy read. Bossidy and Charan do, however, offer good advice on a neglected topic, making Execution a smart business leader's guide to enacting success rather than permitting demise. --S. Ketchum ... Read more

    Reviews (155)

    2-0 out of 5 stars Look for other options.....
    This is a medicore book with some bright points.It seems to be written more toward a high level executive and is at times repeatitive.The book does not move well from topic to topic and tends to drone on about the importance of several items.

    The highlight of the book is how it addresses the importance of find the right people - but this is covered equally as well in other books.

    3-0 out of 5 stars Basic Knowledge...
    A lot of materials in this book can be found in my 1st year management course in University of Toronto textbook... This book doesn't have much to offer in my opinion; but it's a bit bias for me to critize this book hence my background.

    1-0 out of 5 stars What I learn from this book...
    What I learn from this book: NEVER buy books based on the book title and bestselling list. ... Read more

    Isbn: 0609610570
    Subjects:  1. Achievement motivation    2. Business & Economics    3. Business / Economics / Finance    4. Business/Economics    5. Executive Management    6. Management    7. Management - General    8. Motivation (Psychology)    9. Operations Research    10. Organizational Behavior    11. Performance    12. Business & Economics / Management   


    $16.99

    Jack: Straight from the Gut
    by Jack Welch John A. Byrne
    Average Customer Review: 3.5 out of 5 stars
    Hardcover (11 September, 2001)
    list price: $29.95 -- our price: $19.77
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    Editorial Review

    It's hard to think of a CEO that commands as much respect as Jack Welch. Under his leadership, General Electric reinvented itself several times over by integrating new and innovative practices into its many lines of business. In Jack: Straight from the Gut, Welch, with the help of Business Week journalist John Byrne, recounts his career and the style of management that helped to make GE one of the most successful companies of the last century. Beginning with Welch's childhood in Salem, Massachusetts, the book quickly progresses from his first job in GE's plastics division to his ambitious rise up the GE corporate ladder, which culminated in 1981. What comes across most in this autobiography is Welch's passion for business as well as his remarkable directness and intolerance of what he calls "superficial congeniality"--a dislike that would help earn him the nickname "Neutron Jack." In spite of its 496 pages, Jack: Straight from the Gut is a quick read that any student or manager would do well to consider. Highly recommended. --Harry C. Edwards ... Read more

    Reviews (234)

    4-0 out of 5 stars One of the great business leaders of the 20th Century
    Jack Welch was General Electric Chairman & CEO from 1981 to 2001 and is seen as one of the greatest business leaders of the 20st Century. The book is split up in five sections, an epilogue and the issue I read included a revised afterword.

    Section I - Early Years deals with Welch's youth, his education (PhD), his start at General Electric (GE) Plastics as engineer in October 1960, and his promotions within from engineer to general manager of GE Plastics in June 1968 ($26m in annual sales), VP of GE's chemical and metallurgical division in July 1971 ($400m), GE group executive in June 1973 ($2bn), and GE senior executive for the consumer products businesses in December 1977 ($4.2bn). The final chapter of this section discusses the race between 5 senior executives for the succession to Reg Jones (GE Chairman & CEO). And in December 1980 Welch got the nod from Reg Jones and on April 1, 1981, he officially took over. Although Welch's performance was good, it was still a surprise for many, including Welch himself: "Obviously, I wasn't a natural fit for the corporation. I had little respect or tolerance for protocol. I was an impatient manager, especially with people who didn't perform." General Electric at that time had annual sales of $25 billion, with profits of $1.5bn, and 404,000 employees.

    Section II - Building a Philosophy discusses Welch's early, turbulent years as CEO. "I came to the job without many of the external CEO skills. ... But I did know what I wanted the company to `feel' like" He discusses the No.1 or No.2 vision ("fix, close, or sell"), the three circles (services, core, and high technology), the outright sales of businesses (the air-conditioning business, Utah International, and the appliance business, whereby the last sale did not go down well with GE employees), and the cutbacks in many parts of GE (headcount went down 118,000 between 1980 and 1985; 81,000 lost their jobs and 57,000 in sold businesses). Due to all this actions Welch was nicknamed "Neutron Jack" in mid-1982 by Newsweek: "The guy who removed the people but left the buildings standing." ("I hated it, and it hurt") Late 1985, GE made the strategic acquisition of RCA for $6.3bn cash, who was then the biggest non-oil deal in history. In this section he also discusses the strange, but successful, combination between Bob Wright ("a light bulb maker") and NBC, which led to success in cable TV, CNBC, MSNBC, and NBC itself. One black mark on Welch's reign has been the saga regarding the PCB contamination of the Hudson River, which has been going on for 25 years. That particular experience has changed Welch's perception of government and he makes clear that he (still) does not agree with the government's stance towards GE on this case.

    Section IV - Game Changers discusses the four major initiatives GE pursued in the 1990s: 1. Globalization: Global sales went from $9bn in 1987 (19% of GE's overall sales) to $53bn (40%) in 2001, which Welch believes mainly grew out of Paolo Fresco's passion and appointment as senior VP in 1987. 2. Services: The successful service experiences from the medical business and the revised strategy of the nuclear business were shared and implemented into the other GE businesses. This has resulted in the growth from $8bn in 1995 to $19bn in 2001 and a possible $80bn by 201o. 3. Six Sigma: Through Welch's friend and ex-GE Vice Chairman Larry Bossidy (than CEO of AlliedSignal) Six Sigma was introduced in 1995. Six Sigma means less than 3.4 percent defects per million operations. "That's 99.99966 percent of perfection." 4. E-business: "The internet revolution nearly passed me by - until [second wife] Jane made me comfortable with it" (in 1999). Welch admits that he never fell for the old vs. new economy during the dot-com era. "... the only extra expense is for Internet development. The big company already has strong brands and the systems to fulfil orders." In 2000 GE had $7bn on-line sales and $14-15bn in 2001. "E-business and GE's installed base are made for each other."

    In Section V Jack Welch looks back and forward. The first chapter discusses the insulting treatment of GE by the European Commission regarding the $44bn acquisition of Honeywell International in 2001, where he gets told to "Go home, Mr. Welch." The next chapter he discusses what it means to be a CEO: "Being CEO is the nuts!" In that chapter he discusses shortly about 30 ideas that worked for him. "There's no pat formula to this CEO things. ... Pick and choose among them, or just toss them all." There is also a short chapter on the game of golf, which is one of Welch's largest passions - and he is good at it with a handicap of about 3. There is quite a long chapter on the GE succession in 2001, which was eventually between 3 executives, and the planning that went into that succession. There is also a short epilogue and a slightly longer afterword (with comments on his post-retirement package from GE).

    Yes, this is unmistakably Jack Welch's autobiography. It is blunt, fast and straight to the point. Although the book is about 450 pages long, it reads as a much shorter book and he could probably have filled another 450 pages. Jack Welch is considered as one of the great business leaders of the 20th century, together with the likes of Alfred P. Sloan. But the autobiographies of Sloan ("My Years with General Motors") and Welch hardly have any comparisons. Sloan's autobiography is much more detailed, while Welch's is more "helicopter view". I do have a few comments about this autobiography, there is not enough on the "real work" that took place, not enough on the "execution tools", and not enough on the financial numbers during his time at GE (within an appendix in future editions perhaps?). I recommend Larry Bossidy's book "Execution: The Discipline of Getting Things Done" to people interested in the "real work" and execution tools used at GE during this period. Still, a good entertaining business autobiography.

    1-0 out of 5 stars Ego anybody?
    What a worthless self-promoter. GE, having apparently decided to commit harakiri as a manufacturer, has turned itself into a finance and communications company, while slapping its nameplate on some appliances-- thanks to the endless yammering of Jack Welch, who thankfully doesn't have a speculum or he'd be looking up himself every day and publishing the pictures.

    It's not enough that he owns your ass, decides who will be president, and now, his company will decide what you watch on TV and in the movies; what he really wants is for you to say, "Gee, Mr. Welch, you're a genius." When he retired, it was revealed that GE stockholders had been picking up his luxury apartment, and paying millions for his retirement. In any other company, the stockholders would cancel the perks. But for Welch, his self-promotion was so intense that people actually think if they withdrew their tribute, the sky would fall.

    I guess the captains of industry had their greatest generation, too. It was a long time ago. This is an '80s kind of guy. Hey, Jack? You're fired.

    1-0 out of 5 stars Straight From the Butt
    I could not believe that I wasted my $$ on this book.I read through it very painfully searching for something worth reading about, but ended up wasting my time and money.

    ... Read more

    Isbn: 0446528382
    Subjects:  1. 1935-    2. Biography    3. Biography / Autobiography    4. Business    5. Business & Economics    6. Business/Economics    7. Chief executive officers    8. Electric industries    9. Industrial management    10. Leadership    11. Management    12. United States    13. Welch, Jack,    14. Business & Economics / Leadership    15. Welch, Jack   


    $19.77

    Every Business is a Growth Business: How Your Company Can Prosper Year After Year
    by RAM CHARAN NOEL TICHY
    Average Customer Review: 4.5 out of 5 stars
    Paperback (04 April, 2000)
    list price: $13.95 -- our price: $11.16
    (price subject to change: see help)
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    Editorial Review

    "There's no such thing as a mature business," only a growth business, write leading business consultants Ram Charan and Noel M. Tichy. Every Business Is a Growth Business is a step-by-step manual for turning any company into an expanding company. The book is packed with real-world examples and key concepts for executives to get their businesses on an upward trajectory.

    Charan and Tichy assert that growth requires sticking to two principles: "strategy from the outside in" and "changing the genetic code." The first means putting yourself in your customers' shoes and asking what are their needs and how are they changing. From this perspective, a company can redefine its market and come up with creative ways to expand demand. The second principle, changing the genetic code, means revamping the corporate culture so that a new mindset for growth can thrive. As anyone who has ever worked in a company knows, corporate culture is a hard thing to overhaul. The book gives concrete steps to make that happen; sometimes it requires whole new leadership.

    Charan, who has been on the faculty of the Harvard Business School and Northwestern University, and Tichy, a professor at the University of Michigan Business School, speak from experience. They've advised companies such as Royal Dutch/Shell and Mercedes-Benz. One of their heroes is the late Roberto Goizueta of Coca-Cola. When Goizueta took over, the company was on cruise control. It dominated the U.S. soft- drink industry--a market that many experts believed was mature with nowhere to grow. Under conventional thinking, Coca-Cola was maxed out: it would do well just to defend each tenth of a percent of market share against archrival PepsiCo. But in the 1980s, Goizueta framed the question of market share in a different way. Goizueta got his top executives to see that globally, Coca-Cola accounted for less than 2 ounces of the 64 ounces of fluid that each of the world's 4.4 billion people drank on average every day. In one simple stroke, he redefined the market and opened vast new areas of opportunity for his company. Coca-Cola became an immensely successful growth company under his leadership. Similar stories about Compaq, Citibank, and other companies abound. Every Business Is a Growth Business is an inspiring and practical book for business leaders looking to grow their company. --Dan Ring ... Read more

    Reviews (5)

    5-0 out of 5 stars Every Leader should read this...then read again!
    This is one of my favorite leadership books by two authors with whom I have a great deal of respect for their advice.The premise of the book it that by looking at the entire business landscape affecting your clients, there are larger opportunities in which to solve the client's CEO issues beyond the immediate customer orders.Written with real world examples, some of which were first hand consulting jobs by the authors, the examples are detailed and written so you can relate them to your own work.

    I have applied these principles in my own professional work and find the concepts very useful in business growth development efforts. In almost every growth opportunity development session with employees, collegues and clients, the going in premise is that there is not enough budget or too limited a market, thus preventing us from pursuing a given opportunity.Applying the author's concepts to creating the expanded view of the opportunity almost always proves to incite a bigger picture for everyone.

    The book may require better book bindings because I refer back to it so often that I will one day wear out the bindings!

    Read and Expand the Pond!Highly Recommended.

    4-0 out of 5 stars A Good Read!
    Ram Charan and Noel M. Tichy make the case that no company, even a very large corporation, should think of itself as a mature company or as part of a mature industry. If you look at the market broadly and take your customer's perspective, you will always find room for growth. First, look at your customers' changing needs and think of how your company can expand beyond its current market. Then, expand that approach throughout the company. The basic message may sound familiar, but Charan and Tichy bring a strong how-to approach to their directions for implementing it in your company. We at getAbstract.com appreciate the utility of their mix of examples, graphs, charts, and workbook, which should prove helpful to executives and company owners.

    5-0 out of 5 stars A well-written, very practical recipe for growth and change.
    I found this book to be one of the best I have read on the topics of growth and change in some time. This book is devoid of the psychological "fluff" that permeates many other books in this genre. It readslike a practical recipe to be followed by those commited to growth andchange. Not at all unlike Welch's annual letters to the shareholders of GE.Whereas the annual letters of others companies drone on and on about whatwas, surrounded by the fluff of what can be, Welch's letters read like amaster plan for action, which can be understood and driven to all levels ofthe company.

    The authors define "desirable" growth from theperspective of shareholders as capital efficient, profitable growth. Theythen describe a framework for "growing the pond you fish in".Next, they point out the necessity of changing the "genetic code"of the organization so that growth is pursued by leaders at all levels inthe organization. They describe a framework for producing this change inthe genetic code of the organization. This framework is primarily based ona "teachable point-of-view" developed by the leadership, andconstantly reinforced and reiterated through various carefully designed"operating mechanisms". The teachable point-of-view consists ofkey business ideas, values, emotional energy, and "edge" (ontough calls).

    I've read this book twice already, and may read it again.I've started to implement the methodology in my company...so far, so good. ... Read more

    Isbn: 0812933052
    Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Corporations    5. Development - Business Development    6. Growth    7. Leadership    8. Management - General    9. Organizational change    10. Business & Economics / General   


    $11.16

    The Leadership Engine
    by Noel M. Tichy
    Average Customer Review: 4.0 out of 5 stars
    Paperback (20 August, 2002)
    list price: $17.95 -- our price: $12.21
    (price subject to change: see help)
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    Reviews (22)

    4-0 out of 5 stars EMMP: Central : A very good book to read.
    The book "The Leadership Engine" by Noel Tichy, discusses how to build dynamic leaders at every level within an organization. The book focuses on fundamentals of winning organizations and the characteristics of these leaders giving insight into some of the greatest leaders stories. Noel Tichy has researched companies like General Electric, Ameritech, PepsiCo, Intel and Focus Hope.

    The book is concise in its contents and is good for intellectual reading. Author has made his best attempt to present conceptually his thoughts about leadership engine by proving the facts that"winning organizations are teaching organizations". Senior leaders take direct responsibility for developing and teaching other leaders. Those leaders have great "teachable point of view" as composed by ideas, values and E3 (Emotion, Energy and Edge). Each of these leaders has their own style of teaching and the technique may vary based on the needs of the organization. Great leaders use stories to teach and communicate their ideas.

    The term "Engine" as used by author, illustrates the dynamic potential of the winning organization to teach the leaders and develop future leaders. Noel says, "Many management theories don't buy the argument that leadership engine is the key factor in determining an organization's success. They assert that a winning culture, or efficient work processes, or any number of other ancillary attributes are the sine qua nons for success". But he believes that leadership takes precedence over everything else and one reason leadership take precedence is that leaders are the people who decide what needs to be done and are the one's who make things happen. To accept the fact as represented by author, the research should also include mid sized organizations and opinions of middle layered managers.

    The ultimate test of success for an organization is not weather it can win today but whether it can keep winning tomorrow and the day after. The key ability of winning organization and winning leaders is creating leaders. One of the greatest quotes in the book was "Every person in a key position has to see himself or herself as a mini-CEO. They have to conceptualize what has to be done in the same way the CEO has. Then it cascades."

    2-0 out of 5 stars APPEALING AT THE BEGINNING
    I read Tichy's ideas for the first time in a Harvard Business Review exhibit which he wrote to be inserted in an interview with Jacques Nassar, former CEO of Ford Motor in an issue from 1997/1998. That exhibit was so illuminating I went just right then to get a copy of the whole book in the library. I should've stayed with the exhibit in the magazine...

    The CORE of the ideas of Mr. Tichy is superb. Really. Building a model (a triangle which is not, for one of the corners includes "emotional, energy and edge" and there's is not the sligthest reference in the book why these are bundle together) where he included values, ideas and the emotional side to introduce the discipline of the storytelling in the organization is a premier work intended to give a method to build those stories (World Bank, 3M, Ford and many other companies with a long tradition of strategic planning are working on this line, prefering it over conventional bullet lists, formats and charts but back in 1997, when Tichy's work arrived it was a weird idea).

    BUT that's all! If you expect to learn here how to buid the "teachable point of view" (this is how Tichy christened his baby) forget it. At least an useful one. Many water has gone under the bridges since 1997 and there're many subsequent authors with better techniques to teach you to do so. Nevertheless, Tichy's work is a nice model to keep in mind when you build and use the strategic stories. But as a framework... and I've got that in the little excerpt of the exhibit in HBS.

    Last, but not the least... the examples. And this REALLY bothered me. Rather than present the teoric foundations for his ideas, in order to let you to figure out how he get there and then let the reader to develop his own path (like Collins&Porras, Tichy's nemesis, did in "Built to last"), Tichy gives an harangue of two or three lines with his ideas and then throw at you a 3-pages example so tailored-made for the concept you wonder if he's not explaining a coyuntural practice in some organization which he happened to hear about or maybe witness now and then rather than give you some new insights about leadership. And that organization, 70% alongisde 250 pages or so, is GE, 20% is AliedSignal's Larry Bossidy (a GE insider) and the 10% are ocassional references to Ameritech or well-konwn leaders so suitable for the day-to-day environment of XXI century business like Martin Luther King and Winston Churchill. Of course you can learn from any leader, that's what metaphors are for, but it's risky at least to compare the deployment of some set of values and ideas in a company with somebody who broadcast alive in the middle of some war. HOW the leaders deploy their messages (not the build of the message, but the media and the selection criteria they used) is a major absence in this book. And when it comes to learn about diagnostics and measures for the performance of his idea, Tichy olimpically come down from the bronco saying "I think the value market is the best measure to keep track of the performance of the company in the long term". And thats's it: one line and a half and keep going repeated like a mantra (I wonder what does Tichy thinks about some market values like Enron' And by the way, Ken Lay wrote in the back of the book a very nice appraisal of this leadership method to succeed in the market...) Which means if you're CEO in a private held company, a non-profit organization, a multillateral banking institution like IMF, a public company far away from the S&P or Dow Jones or the local chamber of commerce, you can implement these ideas but for measures go to the nearest church.

    Noel Tichy was director at mythical Crotonville GE Human Developing Center. And the book become for moments a "Thanks my sweet lord psalms choir" to Jack Welch. Who is, no doubt, the best known business leader worldwide today. And Tichy used his previous book (Control your destiny) about the great man to quote himself a lot of times as authoritative source. But with the teorics of the book, it is at least arrogant to place such an emphasis in this company. I mean, if "winning companies" are the ones who win today, tomorrow and the next day by the inheritance and labor of its present leaders, how Tichy knew it would be the case back in 1997? Jeffrey Immelt hasn't been appointed to the office and you simply can't know, even today, 5 years after the book, if Welch revolution will survive him. Tichy made an example of his method and of a "winning company" out of Coca Cola under Goizueta reign, and you can go to ask about all this revolution to his succesors, Doug specially. Welch might well become a sort of Tom Watson, the head of the company Tichy's beat to death every single opportunity he has to the point you wonder if they fired or offended him in some moment: if he couldn't illustrate some point in the book with some real practice, then he explain it by default showing HOW IBM didn't do this or that and ergo fell down... and GE sure has, no doubt, somewhere around the world, even if he can't prove that, but the wonderful market value of the company is enough proof. And by the way.... if you read "Straight from the gut" by Welch himself, you learn many of Tichy' affirmations about his practices are, to be candorous, descontextualized or mistaken.

    In short, a very, very good idea with a very, very bad excution in a very, worse package.

    4-0 out of 5 stars They Can, They Do, They Teach
    Noel Tichy's "The Leadership Engine" is a practical and easy to read book on leadership. His research is exhaustive and well documented; there are sixty pages of notes and bibliographic citations. Tichy's central theme is that winning companies possess a "Leadership Engine" that produces dynamic leaders at every level within the organization. He argues forcefully that winning is about leadership and that leadership is the key trait that distinguishes winners from losers. He defines winning as success in adding value, coupled with sustained excellence. For a company or organization to be successful it must have outstanding leaders at every level. In order to have those dynamic leaders at every level, the organization itself must systematically produce them.

    Tichy insists that learning, teaching, and leading are intertwined and admits he is a proponent of transformational leadership theory. Elements of this theory are clearly evident throughout his book. Tichy is also resolute in his belief that leading IS teaching-"they can, they do, they teach"-this point is driven home numerous times throughout his book(1). Winning organizations are teaching organizations. Successful organizations have proven leaders who are both teachers and avid learners themselves. The author emphasizes on numerous occasions that leaders must have a teachable point of view and must create teachable moments for the right kind of learning to occur-the kind that transforms an organization. A leader's "teachable point of view" is a trinitarian view composed of: a) ideas, b) values, and c) emotional energy and edge(2). Ideas are the substance of learning and good ideas are teachable.

    Tichy uses numerous real life examples from the business world and even the military to highlight his points throughout the book. His liberal use of relevant and true stories to emphasize the point he is making, is in itself, a subtle illustration of a key leadership trait-being a good story teller. Tichy insists that successful leaders are successful teachers because they use stories and share examples from their own personal life. The author's frequent use of stories makes the book interesting, even captivating at times and minimizes the possibility of the reader getting bored.

    The Leadership Engine is an outstanding, well organized, and very readable book; and not just a book, but a useful handbook as well. Tichy includes a 99-page workbook with practical exercises designed to both help the reader assess his or her own leadership and to help the reader develop a "Leadership Engine" in his or her own organization. The workbook is what sets this leadership book apart from the thousands of others in this crowded category. Noel Tichy has accomplished what he set out to do-convince us that winning organizations are teaching organizations. However, for the student of leadership, there is no new ground or profound insights in this book and consequently, I am not convinced that it deserved its Business Week "Book of the Year" honor.

    NOTES
    (1)Taken from the oft repeated jest by George Bernard Shaw that, "Those who can, do-those who can't, teach." This quote does not appear in Tichy's book.
    (2)Tichy defines "edge" as the courage to see reality and act on it. ... Read more

    Isbn: 0887309313
    Sales Rank: 21422
    Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Decision Making & Problem Solving    5. Executives    6. Leadership    7. Management - General    8. Training of    9. Business & Economics / Leadership   


    $12.21

    The Cycle of Leadership : How Great Leaders Teach Their Companies to Win
    by Noel M. Tichy Nancy Cardwell
    Average Customer Review: 3.5 out of 5 stars
    Hardcover (20 August, 2002)
    list price: $26.95 -- our price: $18.33
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    Reviews (6)

    3-0 out of 5 stars Sensible advice, but repetitive, repetitive, repetitive
    While I will never dispute the premise that great leaders teach, mentor and learn, it doesn't have to be repeated over and over until I get it. The hero of this book, and that is really the only way to describe it, is Jack Welch, former head of GE. There is a lot of ink used to laud Welch and what he did at GE. While I don't dispute that Welch deserves to be acknowledged as a great leader, Tichy comes very close to crossing the line between praising and deifying him.
    The basic theme of the book is the dynamics of teaching and learning within a business environment. This includes all levels, from the lowliest greeters to the CEO and board members. It starts with the leader's Teachable Point Of View or TPOV. This is basically the leader's view of the company direction and how well it is communicated to the people underneath. Without question, this is a valuable point in the success of any organization, assuming that the TPOV is reasonable and the leader is capable of accepting feedback. Or, to put it another way, is the leader capable of learning from underlings? While good leaders must teach and do it well, they must also learn even better. For even the best teachers can be rendered ineffectual if the material they are trying to impart is valueless. In the modern business world, if you don't learn and adapt, you die.
    Another focus is on the Virtuous Teaching Cycle or VTC, which is about leaders teaching leaders. This is of course sensible; any leader should constantly be training several potential replacements. The problem with this is twofold. The first is that there can be only one leader, so if more than one potential leader is being groomed, it is necessary to have an unambiguous selection mechanism in place. Succession struggles have doomed many countries and organizations. Secondly, this can lead to the successor suffering from the same weaknesses that the leader does, which is why some of the most successful leaders were outsiders, brought in to provide a necessary fresh perspective.
    There are two points of criticism. The first is the repetition. Some of the stories are told several times, even to the point of distraction. The other is that education is a complex task and recent revelations in the corporate world demonstrate that there are leaders that are not only incompetent, but are even criminal. I would have preferred reading more about how learning is done in these dysfunctional situations.
    With the pace of life and business changing so fast, companies must learn faster than they produce. While I agree with most of the points in this book, there is a tendency of the author to ramble and repeat, which I found distracting.

    3-0 out of 5 stars Robert Knowling?
    I just read the intro to this book by Robert Knowling. As far as I can tell Robert Knowling was booted out of Covad having delivered dismal results. He is listed as CEO of Simbion, which according to Hoovers has 1-5 employees and $50-$100K in revenues. He is even featured on the cover. Am I missing something?

    2-0 out of 5 stars Nothing new
    I was somewhat disappointed in this book despite its endorsement by one of my business school classmates.Professor Tichy discusses already well known principles of leadership within the context of what is promoted as a "new" approach.Only a few individuals and companies are profiled and are used repeatedly throughout the book.The examples cited fit awkwardly into the message that is being presented.The title of the book attributes greatness to the individuals profiled based on only one attribute--a belief in teaching and learning.This seems such a narrow focus on which to base such accolades. ... Read more

    Isbn: 0066620562
    Sales Rank: 207286
    Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Corporate & Business History - Strategies    5. Executive ability    6. Leadership    7. Management - General    8. Management Science    9. Organizational effectiveness    10. Organizational learning    11. Business & Economics / Management   


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