Profit from the Core by Chris Zook

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Profit from the Core by Chris Zook

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Summary

Explains how companies can: develop a strong core and use it to establish a leadership position; follow the golden rule of strategy; assess whether your core is operating at its full potential; uncover assets in your core that provide the seeds for new growth; and, find a repeatable formula to apply core business strengths in adjacent markets.

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Profit from the Core by Chris Zook

When Profit from the Core was published in 2001, it became an international bestseller, helping hundreds of companies find their way back to profitable growth after the bursting of the Internet bubble. The 2007 global financial meltdown reaffirmed the perils of pursuing heady growth through untested strategies, as firms in industries from finance to retailing to automobiles strayed too far from their core businesses and suffered the consequences. 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.
Chris Zook and James G. Allen are co-leaders of Bain & Company's global strategy practice.
SKU Unavailable
ISBN 13 9781422131114
ISBN 10 1422131114
Title Profit from the Core
Author Chris Zook
Condition Unavailable
Binding Type Hardback
Publisher Harvard Business Review Press
Year published 2010-01-26
Number of pages 192
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note Unavailable