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Bezig met laden... Simplify: How the Best Businesses in the World Succeeddoor Richard Koch, Greg Lockwood (Auteur)
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"After a decades-long career as a serial entrepreneur Richard Koch reveals the powerful principle of simplifying as a strategy for companies to create new markets and increased profits. Readers are given the tools to simplify their process, prices, or product offerings. The author of The 80/20 Manager reveals the powerful principle of simplifying as a strategy for any company to create new markets and soaring profits. For the past 40 years Richard Koch has wanted to uncover the simple, elemental, elegant and parsimonious principles that are needed to create great new businesses. To qualify, a principle must be so overwhelmingly powerful that anyone can reliably use it towards extraordinary results. Is there any principle that can tell you how to do that consistently and with a high chance of success? Working with venture capitalist Greg Lockwood, his co-author on Superconnect, and supported by research from the elite firm of OC&C Strategy Consultants, Koch has the answer. The principle Koch and Lockwood have discovered behind extraordinarily successful businesses is simplifying. Some simplify on price-take Ryanair's budget flights which still take you from A to B, but so cheaply that nearly everyone can afford them, multiplying the size of their market-while some simplify on proposition, such as Apple's decision to cut down on the number of their product lines and focus on perfecting only a few devices. With case studies of famous companies in all different industries from finance to fast food, the authors show how anyone can analyze their business's potential to become a simplifier, and which route they should take to maximize the impact"--
"Serial entrepreneur and famed 80/20 Principle author Richard Koch and venture capitalist Greg Lockwood reveal the powerful principle of simplifying as a strategy for companies to create new markets and increase profits using case studies of famous companies to analyze their business's potential"-- Geen bibliotheekbeschrijvingen gevonden. |
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Google Books — Bezig met laden... GenresDewey Decimale Classificatie (DDC)650.1Technology Management and auxiliary services Business Personal success in businessLC-classificatieWaarderingGemiddelde:
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I was initially hesitant to read this due to the varying comments from the review but I was glad I was able to read the review of Perry Marshall.
The book discusses that there are only two ways to gain SIGNIFICANT competitive advantage in your industry - price simplification (at least 50% reduction in price of your product as compared to your industry's standard price) or proposition simplification (harder to describe, but the sample in the book is Apple's Ipod where it disrupted the entire music player industry with its huge technological/design advantage)
Some of the reviews are saying that the two are price and quality, which as stated above is not necessarily the case since quality is totally different from proposition. A music player made in japan is better in quality than a music player in china but this sample will fall under price simplification.
Other reviews say the similarity to Michael Porter's Generic Strategy Table which is somewhat true but the book goes on deeper as to how the strategies affect the industry as a whole (e.g. How Ford's price simplification INCREASED the value of the ENTIRE automotive industry.)
The book is a long read but it'll bring you a lot of ideas a you flip through each pages. I personally did. ( )