Description
Book SynopsisConventional wisdom on strategy is no longer a reliable guide. In Essential Advantage, Booz & Company''s Cesare Mainardi and Paul Leinwand maintain that success in any market accrues to firms with coherence: a tight match between their strategic direction and the capabilities that make them unique.
Achieving this clarity takes a sharpness of focus that only exceptional companies have mastered. This book helps you identify your firm''s blend of strategic direction and distinctive capabilities that give it the right to win in its chosen markets. Based on extensive research and filled with company examplesincluding Amazon.com, Johnson & Johnson, Tata Sons, and Procter & GambleEssential Advantage helps you construct a coherent company in which the pieces reinforce each other instead of working at cross-purposes.
The authors reveal:
· Why you should focus on a system of a few aligned capabilities
· How to
Trade Review
Named by strategy+business magazine as one of the Best Business Books of 2011. "Few companies achieve a capabilities-driven "right to win" in their markets. This book will help your firm be among them." - Consulting Magazine
Table of Contents
Chapter Page 1 The Value of Coherence: Essential advantage and what it means for your business 2 The Elements of Strategy: Achieving a balance between your way to play, capability system and product and service portfolio 3 The Journey to Coherence: What to expect from a capabilities-driven strategy 4 Headroom for Growth: Leveraging capabilities to expand in your chosen markets 5 The Capabilities-Driven Deal-Maker: Why essential advantage matters in mergers, acquisitions and divestitures 6 Changing the Conversation About Costs: Expense ,management through a capabilities lens 7 Building Capability Systems: Assembling the right people and organization to support coherence 8 Living Coherence Every Day: Mobilizing the formal and informal organization for essential advantage 9 How to Develop a Capabilities-Driven Strategy: A four-step process for achieving coherence 10 The Capable Leader Appendix 1 Measuring Coherence: Notes on our research