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In Search Of Excellence: Lessons from America's Best-Run Companies (Profile Business Classics)

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Begun as a repackaging of the Success Tips from our blog, this book became so much more as Tom worked and reworked its contents.

Books - Tom Peters

Each contains 50 essential ideas for making this revolution an opportunity for dramatic change in our own working lives. For an excellent overview of the pitfalls of doing this, check out Phil Rosenzweig’s The Halo Effect. All three use the same basic method: list companies that are “great” or “excellent” or “enduring,” then attempt to infer the transferable formulae behind said greatness, excellence and endurance. Today, even after re-engineering done well, the "department" doesn't look much like McKinsey, IDEO, or Chiat\Day.

In those 35 years, he never stopped studying what's new and making his best predictions for what's to come next.

Getting Weird Design The Heart Boss- In Work Talent Branding

The emergence of global manufacturing also seemed to catch former greats such as Dana and Raychem on the wrong side. While evolving the flexibility theme of Thriving on Chaos to deal with the accelerating pace of business change in the early '90s, Liberation Management shows the genesis of Tom's thinking on some of his most important concepts in 1999: Project work and the professional service firm as the model organization for the new economy, along with the self as brand. So looking at what happened to them makes for a great natural experiment where the company’s quality is a given – the variable is the context in which it operated.If you look at the stars versus the failures, the biggest dividing line seems to be their position in relation to a megatrend—either a good one or a bad one. When you take the four best performers—actually, three companies: Wal-Mart and Intel in ISOE, and Philip Morris, which appears in both GTG and BTL—out of the portfolios, the positive margin almost completely disappears. Just eight companies outperformed the index by more than 5%, while twice that number underperformed by the same percentage. The Brand You50: Fifty Ways to Transform Yourself from an 'Employee' into a Brand That Shouts Distinction, Commitment, and Passion! The ideas have been offered in other formats, but this fresh, new presentation has them leaping off the page.

What happened to the world’s “greatest” companies?

It seems the 18 organizations featured in Built to Last really were built to last, as all the companies in the BTL portfolio are still around. Given the difficulty of beating the market, it’s no surprise that the biggest group is in the middle band of +/-2%. Four low performers were also swallowed up ( Amdahl, Data General, DEC and Raychem), and three filed for bankruptcy ( Kmart, Wang and Circuit City). In particular, watch out for the common tendency to underplay the role of context and luck, and over-attribute success to things that are easily visible, controllable or flattering.With bold graphics and chapter titles such as "We are all Michelangelos," "Create waves of lust," and "You can't live life without an eraser," The Circle of Innovation challenges us all to transform our organizations, our careers, and ourselves. In my view, it was good to be great, but the external environments in which these companies found themselves mattered far more.

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