Profit Patterns: 30 Ways to Anticipate and Profit from Strategic Forces Reshaping Your Business [Executive Summary Edition] Review
Profit Patterns: 30 Ways to Anticipate and Profit from Strategic Forces Reshaping Your Business [Executive Summary Edition] Overview
Execubooks are eSummaries of books for mobile professionals, available in single-copy or by subscription, and optimally formatted for onscreen reading on laptops or handhelds - so you can stay abreast of leading business wisdom, wherever you have a moment! Profit Patterns provides a powerful discipline to see order beneath the surface chaos. Pattern thinking helps entrepreneurs, managers, investors, and key talent anticipate the likely direction of changes even before they happen. It reveals the economic meaning of these changes and provides the tools to capitalize on them. Based on groundbreaking research into over two hundred companies in forty industries, from major industrial firms to upstart competitors, Profit Patterns contains a set of ideas and action steps that can be taken by you and your team.
Profit Patterns: 30 Ways to Anticipate and Profit from Strategic Forces Reshaping Your Business [Executive Summary Edition] Specifications
Profit Patterns opens with a series of chaotic paintings by Pablo Picasso. Each piece is increasingly difficult to recognize; the final portrait is little more than a jumble of shapes and colors. But what does Picasso have to do with profitability? By recognizing industry patterns--by seeing the order beneath the surface chaos--managers, investors, and entrepreneurs can prepare for change before it even occurs. And while the Picasso-as-business-strategy metaphor may be a stretch, Slywotzky's theories are fundamentally sound, designed to spot and capitalize upon market trends in an ever-turbulent business world.
Adrian Slywotzky--whose bestselling The Profit Zone explained how profits happen--this time focuses on making sure profits happen. He begins by defining the types of changes common to modern businesses, explaining why polarization is spreading among industries, and emphasizing the importance of mindshare. He then lists the 30 most common patterns that businesses fall into, such as microsegmentation, where "growing customer heterogeneity and increasing customer sophistication change the fundamental nature of the market."
But even if a business is adept at seeing patterns, it's helpless if it can't mobilize its troops in time to capitalize upon pending change. Case studies of successful companies such as Cisco Systems, Nokia, and Dell Computer show how a company can detect industry trends, organize its workforce, and build giant leads over its competition. No wonder Picasso was a good businessman. --Rob McDonald
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