Description
Book SynopsisThree top Wall Street analysts reveal enduring lessons in sustainable success from the great industrial titansâthe high-tech companies of their dayâto the disruptors that now dominate the economy.
Before Silicon Valley disrupted the world with new technologies and business models, Americaâs industrial giants paved the way. Companies like General Electric, United Technologies, and Caterpillar were the Google and Amazon of their day, setting gold standards in innovation, growth, and profitability. Todayâs leaders can learn a great deal from their successes, as well as their missteps. In this essential guide, three veteran Wall Street analysts reveal timeless lessons from the titans of industryâand offer battle-tested survival tactics for an ever-changing world. Youâll learn:
- how GE became the largest company on earthâonly for a culture of arrogance to set in motion the largest collapse in history
- how Boeing reassessed risks, raised profitsâand
Table of Contents
ACKNOWLEDGMENTS
INTRODUCTION
C H A P T E R
1 GENERAL ELECTRIC PART I
The Jack Welch Years and the Cash Flow Machine
That Created the Largest Company on Earth
C H A P T E R
2 GENERAL ELECTRIC PART II
How a Culture of Arrogance Led to the
Largest Collapse in American History
C H A P T E R
3 BOEING
A Struggle to Find Balance in Risk Management
C H A P T E R
4 DANAHER
Process-Driven Reinvention
C H A P T E R
5 HONEYWELL
How Cultural Transformation Led One of
the Greatest Turnarounds in History
C H A P T E R
6 UNITED TECHNOLOGIES
The Dangers of Fixed Incentives
C H A P T E R
7 CATERPILLAR
Avoiding the Forecasting Trap
C H A P T E R
8 ROPER
The Amazing Untold Story of Brian Jellison and
His Timeless Lessons on Compounding
C H A P T E R
9 TRANSDIGM
How to Turn a Million into a Billion
C H A P T E R
10 STANLEY BLACK & DECKER
Adding a Digital Layer
C H A P T E R
11 UNITED RENTALS
Asset Sharing Done Right
C H A P T E R
12 THE IMPORTANCE OF BUSINESS SYSTEMS
AND OTHER KEY LESSONS FROM INDUSTRIALS
INDEX
