Exploring the Business Ideas
Still remember Andy Grove? Remember. Ever read Only the Paranoid Survive? Not yet. Maybe that’s how you answer these two questions when I ask. Name the founder of Intel, the processor manufacturer; it was more famous than the book title.
Many people have suggested do not miss the opportunity to read the book. Grove is an important element of the book called the Strategic Inflection Point (SIP), namely Point of Strategic Change. Grove recommends the use according to Michael Porter’s five forces to help determine the best competitive ability of a business. Apart from customers, competitors, suppliers, substitutes, and barriers to entry, Grove added “complement”. What he means: businesses that offer complementary products, such as paper for ink.
A company has a strategic inflection point when one of the six forces that destroy its strategic plan, like the old silent movies into the movie than make noise, like the Walkman became obsolete when it comes compact disc. Moment occurs when a SIP is very difficult to recognize, but the SIP is not monitored can be very dangerous for the future of a company.
Grove had been talking about the mind takes a long time. However, if you want to know the essence of his idea, you just turned 100 Best Business Books of All Time, a book by Jack Covert and Todd Sattersten. And this is what I really want to talk about: 100 Best Business Book contains many important ideas in business and management that have influenced how the business is run.
This book reminds the business affairs of books that should not be missed. Business and management books keep coming, but did not mean the old book and immediately obsolete. Most books on the list 100 were made by experienced business people, such as Grove and management experts like Peter Drucker and Jack Trout. One of Trout works contained in this list is 100 Positioning: The Battle for Your Mind, which he wrote with Al Ries. This term is so popular and considered a key concept in the placing of a product. This positioning, according to Ries and Trout, is an organized way to find gaps in your mind.
People can agree and not agree on the choice of books and Sattersten Covert. But before you agree or not, it’s good to know how they vote. The first and most important consideration is the quality of ideas. Opinions about the quality, of course, can be subjective. To reduce subjectivity, they ask the same question for all the books that were selected, for example, if the opinion of a good writer? Is there something new? Can we use this idea to make our business better?
These books should be easily understood. A good idea can not be understood if delivered in language that is not clear. They, for example, more suggested Crossing the Chasm by Geoffrey Moore as a replacement book which is more easily understood than the diffusion of Innovation by Roger Everett. Next, use these ideas for someone who works in the business world today. Covert and Sattersten reject books that explain the ancient theories that have long replaced or books that contain anecdotes about the success of companies that had long since disbanded. Contains twelve parts, the book is sorted by category, and starting from the most important topics of any topic: your self. In this category enter such classics Stephen R. Covey, The 7 Habits of Highly Effective People and Dale Carnegie, How to Win Friends and Influence People. Then there are categories of leadership, strategy, sales and marketing. There is also a part of the listing rules and values, then management, biographies, and entrepreneurship. This book concludes with stories and books about innovation and creativity and great ideas.
Jack and Todd’s efforts to gather the essence of these 100 businesses books and presented for your is indeed commendable. Not easy for them to select from thousands of book titles published in recent years; for the year 2007 alone, 11 thousand titles of books published in the U.S. What’s more, describe in a succinct paragraph: 500 to 1000 words for each book.
You could have different opinions regarding the best books Jack and Todd this option. However, both have given us the convenience to browse through the thoughts which paved the way to solving our business problems. This result in business and management ideas that you should make time to read it.