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Dewey Decimal Number: 650 Format: Bargain Price Label: Perseus Books Group Manufacturer: Perseus Books Group Number Of Items: 1 Number Of Pages: 272 Publication Date: 2000-05 Publisher: Perseus Books Group Studio: Perseus Books Group Related Items:
Browse for similar items by category: Click to Display Editorial Review: Amazon.com: Why do some companies come and go while others endure? According to McKinsey & Company, Inc. consultants Mehrdad Baghai, Stephen Coley, and David White, the secret to a lasting enterprise is sustained growth. In The Alchemy of Growth, the authors offer a practical guide for jumpstarting expansion and keeping it going. "Growth is a noble pursuit. It creates new jobs for the community and wealth for shareholders. It can turn ordinary companies into stimulating environments where employees find a sense of purpose in their work," they write. "Growth's transformative power is akin to the alchemy of old." The authors describe the approaches that have succeeded in helping their corporate clients around the world to step up the pace. For instance, companies must simultaneously focus on "three horizons" critical to growth. The first is the current bread-and-butter of the firm; the second, the fast-developing entrepreneurial ventures; and the third, the ideas that will germinate into tomorrow's profits. The best part of the book: the real-life examples of firms that have transformed themselves from laggards to supercharged growth companies. Take Disney, for example. After founder Walt Disney's death in 1966, the company stagnated, with its theme park and film business slipping. But after Michael Eisner took over in 1984, Disney boosted its average annual returns to 29 percent, on the strength of growth in such new avenues as Disney stores, ESPN, and resort development. The Alchemy of Growth is an instructive handbook for managers interested in spurring their companies to new heights. --Dan Ring Product Description: Growth unleashes benefits beyond the economic. It revitalizes organizations and invigorates the people in them, creating energy, a sense of purpose, and the glow of being on a winning team. Like the alchemy of old, it seeks to transform the everyday into the exalted by means that seem little short of magical. Yet growth is often elusive, achieved at unacceptable costs, or managed in fits and starts. Based on over three years of research and application at high-performing companies around the world, The Alchemy of Growth is a comprehensive, practical approach to initiating, achieving, and sustaining profitable growth—today and tomorrow. As the book shows, the secret is to manage business opportunities across three time horizons at once: extending and defending core businesses, building new businesses, and seeding options for the future. The Alchemy of Growth offers managers at all levels the tools and concepts for investing in the right initiatives, capabilities, and talent to propel their companies into the future. Average Rating:
 Rating:  - Learn how to build growth into a business planSustained growth is the motivation of any profit-making organization. As the authors point out, few organizations achieve sustained growth. Most have really good years, and those can be followed by really poor years. The authors see most firms faltering some point in their history unable to sustain growth. By building growth into a business plan, the authors explain a method that will call for practical growth and help to build an enduring enterprise. Regardless of the size of a ... Read More Rating: - Exhilarating and ExhaustingThis book provides a easy-to-understand mental model for thinking about organizational growth. However, the concept of growing and managing three "horizons" of growth at the same time exhilarates and exhausts. This book could be enhanced by incorporating sustainable principles like the Triple Bottom Line: People, Planet, and Prosperity. Rating:  - A strategic stairway to business successA perspective on corporate growth and change which works through the need to maintain a simultaneous focus on three 'horizons' - today's business, emerging businesses and longer term options and the implications for strategy, management and structures. As you would expect of a book out of the McKinsey stable, this is on an issue of importance to business, is well researched and analysed and very readable and well presented. As you would also expect, it is focused on large corporates, ... Read More Rating: - Very useful models and abstractionsIt seems like a no-brainer that companies need to grow in order to survive or compete, and this book isn't interesting because it tells us what we already know. What's interesting about this book is that the authors do a wonderful job of taking substantial research, abstracting the trends, and rendering their findings into very clear and usable models and messages that can help most managers who are thinking about growth. It was particularly interesting for me, as I work as an ebusiness consultant ... Read More Rating: - Good book to think about the future of your companyAn useful book ! Surviving in the future requests perspectives and actions. Companies have a life cicle and gaining right to survive for a long time is not simple. So entrepreuners, directors and managers should think and act carefully for ensuryng the future of their companies, because there's not certitude of existing for decades. 
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