{"product_id":"strategy-beyond-the-hockey-stick-people-probabilities-and-big-moves-to-beat-the-odds-hardback-9781119487623","title":"Strategy Beyond the Hockey Stick; People, Probabilities, and Big Moves to Beat the Odds (Hardback) 9781119487623","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eStrategy Beyond the Hockey Stick\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003ePeople, Probabilities, and Big Moves to Beat the Odds\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eChris Bradley (Author), Martin Hirt (Author), Sven Smit (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781119487623, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 16 March 2018\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e256 pages\u003cbr\u003e23.1 x 16 x 2.8 cm, 0.454 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cp\u003e\u003cb\u003eBeat the odds with a bold strategy from McKinsey \u0026amp; Company\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\"Every once in a while, a genuinely fresh approach to business strategy appears\"\u003cbr\u003e—\u003cb\u003elegendary business professor Richard Rumelt, UCLA\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMcKinsey \u0026amp; Company's newest, most definitive, and most irreverent book on strategy—which thousands of executives are already using—is a must-read for all C-suite executives looking to create winning corporate strategies.\u003c\/p\u003e \u003ci\u003eStrategy Beyond the Hockey Stick\u003c\/i\u003e is spearheading an empirical revolution in the field of strategy. Based on an extensive analysis of the key factors that drove the long-term performance of thousands of global companies, the book offers a ground-breaking formula that enables you to objectively assess your strategy's real odds of future success. \u003cp\u003e\"This book is fundamental. The principles laid out here, with compelling data, are a great way around the social pitfalls in strategy development.\"\u003cbr\u003e—\u003cb\u003eFrans Van Houten, CEO, Royal Philips N.V.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe authors have discovered that over a 10-year period, just 1 in 12 companies manage to jump from the middle tier of corporate performance—where 60% of companies reside, making very little economic profit—to the top quintile where 90% of global economic profit is made. This movement does not happen by magic—it depends on your company's current position, the trends it faces, and the big moves you make to give it the strongest chance of vaulting over the competition.\u003c\/p\u003e \u003cp\u003eThis is not another strategy framework. Rather, \u003ci\u003eStrategy Beyond the Hockey Stick\u003c\/i\u003e shows, through empirical analysis and the experiences of dozens of companies that have successfully made multiple big moves, that to dramatically improve performance, you have to overcome incrementalism and corporate inertia.\u003c\/p\u003e \u003cp\u003e\"A different kind of book—I couldn't put it down. Inspiring new insights on the facts of what it takes to move a company's performance, combined with practical advice on how to deal with real-life dynamics in management teams.\"\u003cbr\u003e—\u003cb\u003eJane Fraser, CEO, Citigroup Latin America\u003c\/b\u003e\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003e\u003cb\u003eIntroduction: Welcome to the strategy room 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eYou are not alone 2\u003c\/p\u003e \u003cp\u003eThe villain is the social side of strategy 4\u003c\/p\u003e \u003cp\u003eWhere is the outside view? 6\u003c\/p\u003e \u003cp\u003eMaking big moves happen 8\u003c\/p\u003e \u003cp\u003eThe journey ahead of us 9\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1. Games in the strategy room—and why people play them 13\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe social side of strategy, in action 15\u003c\/p\u003e \u003cp\u003eThe dreaded hockey stick 17\u003c\/p\u003e \u003cp\u003eCan we handle the truth? 20\u003c\/p\u003e \u003cp\u003ePlaying the inside game 21\u003c\/p\u003e \u003cp\u003eSend in the guru 22\u003c\/p\u003e \u003cp\u003eThe wrong problem for human brains 23\u003c\/p\u003e \u003cp\u003eThe biased mind 25\u003c\/p\u003e \u003cp\u003eNow add social dynamics to the mix 27\u003c\/p\u003e \u003cp\u003eWhen the inside view remains unchecked 31\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2. Opening the windows of your strategy room 37\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe right yardstick 40\u003c\/p\u003e \u003cp\u003eYour business lives on a Power Curve 42\u003c\/p\u003e \u003cp\u003eWhat we see on the map 44\u003c\/p\u003e \u003cp\u003eWhy you are where you are 49\u003c\/p\u003e \u003cp\u003eA fresh perspective with the outside view 53\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3. Hockey stick dreams, hairy back realities 57\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe rise of the hairy back 58\u003c\/p\u003e \u003cp\u003eGetting to yes 60\u003c\/p\u003e \u003cp\u003eA haircut from finance 60\u003c\/p\u003e \u003cp\u003eBold forecasts 62\u003c\/p\u003e \u003cp\u003eTimid plans 68\u003c\/p\u003e \u003cp\u003eCorporate peanut butter 70\u003c\/p\u003e \u003cp\u003eShooting for the known 70\u003c\/p\u003e \u003cp\u003eReal hockey sticks 72\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4. What are the odds? 75\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe knowable probability of success 77\u003c\/p\u003e \u003cp\u003eFlight paths of the upwardly mobile 80\u003c\/p\u003e \u003cp\u003eA tale of three companies 83\u003c\/p\u003e \u003cp\u003eWhere are the odds in the strategy room? 85\u003c\/p\u003e \u003cp\u003eThe push for certainty 87\u003c\/p\u003e \u003cp\u003eYou are your numbers 89\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5. How to find the real hockey stick 93\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat’s different this time? 94\u003c\/p\u003e \u003cp\u003eCheck the facts 95\u003c\/p\u003e \u003cp\u003eThe odds that matter: Yours 96\u003c\/p\u003e \u003cp\u003eThe 10 variables that make the difference 99\u003c\/p\u003e \u003cp\u003eEndowment 100\u003c\/p\u003e \u003cp\u003eTrends 101\u003c\/p\u003e \u003cp\u003eMoves 102\u003c\/p\u003e \u003cp\u003eIt all matters 103\u003c\/p\u003e \u003cp\u003eThe mobility dashboard 105\u003c\/p\u003e \u003cp\u003eKnow the odds 109\u003c\/p\u003e \u003cp\u003eIs that all? 110\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6. The writing is on the wall 115\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA very different conversation about strategy 118\u003c\/p\u003e \u003cp\u003eTennis or badminton? 119\u003c\/p\u003e \u003cp\u003eIndustries are escalators 120\u003c\/p\u003e \u003cp\u003eChange your industry or change industries 123\u003c\/p\u003e \u003cp\u003eConsider changing locations, too 124\u003c\/p\u003e \u003cp\u003eGo micro 125\u003c\/p\u003e \u003cp\u003eThe need for privileged insights 127\u003c\/p\u003e \u003cp\u003eActing on the writing on the wall 128\u003c\/p\u003e \u003cp\u003eThe four stages of a disruptive trend 130\u003c\/p\u003e \u003cp\u003eStage one: Signals amid the noise 132\u003c\/p\u003e \u003cp\u003eStage two: Change takes hold 134\u003c\/p\u003e \u003cp\u003eStage three: The inevitable transformation 136\u003c\/p\u003e \u003cp\u003eThe hardest stage 136\u003c\/p\u003e \u003cp\u003eStage four: Adapting to the new normal 139\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7. Making the right (big) moves 143\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBig moves are essential 146\u003c\/p\u003e \u003cp\u003eCorning’s story 150\u003c\/p\u003e \u003cp\u003eProgrammatic M\u0026amp;A and divestitures 150\u003c\/p\u003e \u003cp\u003eActive resource re-allocation 152\u003c\/p\u003e \u003cp\u003eTo re-allocate, you have to de-allocate 156\u003c\/p\u003e \u003cp\u003eStrong capital programs 156\u003c\/p\u003e \u003cp\u003eCaution on capex 158\u003c\/p\u003e \u003cp\u003eDistinctive productivity improvement 158\u003c\/p\u003e \u003cp\u003eRunning fast and getting nowhere 159\u003c\/p\u003e \u003cp\u003eDifferentiation improvement 162\u003c\/p\u003e \u003cp\u003eAre you playing to your advantage? 165\u003c\/p\u003e \u003cp\u003eBig moves make for good strategy 166\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8. Eight shifts to unlock strategy 173\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFrom annual planning to strategy as a journey 175\u003c\/p\u003e \u003cp\u003eFrom getting to “yes” to debating real alternatives 177\u003c\/p\u003e \u003cp\u003eFrom peanut butter to picking your 1-in-10s 181\u003c\/p\u003e \u003cp\u003eFrom approving budgets to making big moves 184\u003c\/p\u003e \u003cp\u003eFrom budget inertia to liquid resources 188\u003c\/p\u003e \u003cp\u003eFrom sandbagging to open risk portfolios 190\u003c\/p\u003e \u003cp\u003eFrom “you are your numbers” to a holistic performance view 193\u003c\/p\u003e \u003cp\u003eFrom long-range planning to forcing the first step 196\u003c\/p\u003e \u003cp\u003eThe package deal 198\u003c\/p\u003e \u003cp\u003eEpilogue: New life in the strategy room 201\u003c\/p\u003e \u003cp\u003eAcknowledgments 205\u003c\/p\u003e \u003cp\u003eAppendix 207\u003c\/p\u003e \u003cp\u003eAbout our sample and method 207\u003c\/p\u003e \u003cp\u003eA note on economic profit and total returns to shareholders 209\u003c\/p\u003e \u003cp\u003eHow the odds look different from the top or bottom 209\u003c\/p\u003e \u003cp\u003eLife at the top 211\u003c\/p\u003e \u003cp\u003eLife at the bottom 211\u003c\/p\u003e \u003cp\u003eNotes 215\u003c\/p\u003e \u003cp\u003eIndex 227\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Business \u0026amp; management [\u003ca title=\"See our other books on Business \u0026amp; management\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Business%20\u0026amp;%20management%20%5BKJ%5D%22\"\u003eKJ\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52453548851480,"sku":"9781119487623","price":17.25,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781119487623.jpg?v=1785286271","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/strategy-beyond-the-hockey-stick-people-probabilities-and-big-moves-to-beat-the-odds-hardback-9781119487623","provider":"Freshly Printed Books","version":"1.0","type":"link"}