The Business Book

159159 See also: Play by the rules 120–23 ■ Profit versus cash flow 152–53 ■ Good and bad strategy 184–85 ■ The value chain 216– ...

WORKIN A VISION STRATEGY AND OPERATIONS ...

G WITH ...

I n Lewis Carroll’s Alice in Wonderland the Cheshire cat tells Alice that if you don’t know where you are going, “it doesn’t mat ...

Hierarchical structures tend to be inflexible, so the emphasis today is on nonhierarchical structures, empowering people, and te ...

164 T U R N E V E R Y DISASTER INTO A N O P P O R T U N I T Y LEARNING FROM FAILURE T here are many stories of success built on ...

165 See also: Managing risk 40–41 ■ Luck (and how to get lucky) 42 ■ Reinventing and adapting 52–57 ■ Creativity and invention 7 ...

166 I F I H A D A S K E D P E O P L E W H A T T H E Y W A N T E D , 166 T H E Y W O U L D H A V E S A I D F A S T E R H O R S E ...

167 See also: Stand out in the market 28–31 ■ Gaining an edge 32–39 ■ Balancing long- versus short-termism 190–91 ■ The value ch ...

168 a new market, such as Gillette, the men’s grooming business, with its long-held policy to be the “first to get it right.” So ...

169 The Prius gas-electric hybrid has won a sizable share of the low-emissions market for Toyota. The company was willing to inv ...

170 T H E M A I N T H I N G T O R E M E M B E R I S , T H E M A I N T H I N G I S T H E M A I N T H I N G PROTECT THE CORE BUSIN ...

171 See also: Study the competition 24–27 ■ Stand out in the market 28–31 ■ Gaining an edge 32–39 ■ Porter’s generic strategies ...

YOU DON’T NEED A HUGE COMPANY PERSON SMALL IS BEAUTIFUL AND A PART-TIME JUST A COMPUTER ...

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174 W hen British computer scientist Tim Berners- Lee harnessed the Internet to develop the World Wide Web, he was simply creati ...

175 In the pre-Internet age, vast numbers of people were often necessary for administration. The combined power of computing and ...

176 in retail, for example, traditionally relied on a prominent store on a town’s main street, where the retailer could attract ...

177 Organizations recognize the power of feedback and often encourage customers to post comments online. Fashion retailers, furn ...

DON’T GET CAUGHT IN THE MIDDLE PORTER’S GENERIC STRATEGIES ...