Free Download , by Constantinos Markides
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, by Constantinos Markides
Free Download , by Constantinos Markides
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Product details
File Size: 1582 KB
Print Length: 256 pages
Publisher: Jossey-Bass; 1 edition (January 3, 2013)
Publication Date: January 3, 2013
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B00B9TNG34
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Amazon Best Sellers Rank:
#685,147 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
GCS is a good method book on how to survive in the market place. The point wasn't to provide someone with a laundry list of techniques; Rather, the point was to provide the thinking type to come up with the techniques. This Book was written for coporate persons trying to improve their business but as a student it provided a good lesson on how to break into the market and stay there. Read up.
Not a very impressive book from a good, down-to-earth thinker. The book is a loose collection of new chapters and articles. It is full of very old and over-analysed cases. The source material seems to be Harvard Business School case studies and maybe a few additions by the author. The examples are very tired if you read management books.At time there are interesting nuggets in the book. Like you need to decide what type of creativity/innovation your organisation should accomplish. It is not just about being more creative/innovative. Good and valid point. However, at many time the thinking is rather loose. An upmarket daycare center is taken as an example. Very high prices but the employer pays. Later in the book the author states that his game-changing strategies (also called business model innovation in the book) always increase the size of the market with a rather large factor. So how is the daycare center fitting the definition? The book is full of such inconsistencies which I find quite irritating.Give this book a pass.
A book that makes me think and act differently is when I give a five star. I heard through some of my “physics†friends who work in business that this author is a good one to follow. I have read his books and I concur. This book was not a let down. As an executive in a large R&D, I appreciated the author on questioning “business model innovationâ€is different from “ technology innovation†and a firm has to respond or chose not to respond by analyzing various factors. Some parts were repetitive but I didn’t mind. A good editor would have helped. I rarely give business books more than 4 stars.
Readers of business books on innovation have all been victims of the hype of doing new things and doing things differently. Of course we all know that doing new things and finding new ways of doing things can be sources of considerable value, with payoffs that go far beyond increased efficiency and continuous improvement. But simply eulogizing the companies that have made it big with a new business model (the IKEAs, Body Shops, Entreprise Rent-a-Cars and Southwest Airlines of the world) against formidable established competitors, is eye-opening but somehow insufficient.Business model innovation - how a company changes key parts of the value chain to create new space in an established industry - is the subject of Professor Markides' new book. Remarkably removed from the common hype Markides emphasizes:1. That implementing the new business model is harder than inventing it.2. For a start-up, business model innovation is more obvious and easier than for an established company.3. There are more business model innovators who fail than succeed.4. An established company that decides to run a new business model, has to simultaneously manage degrees of differentiation and integration, synergy and competition with the existing business model and different ways of managing these can be successful5. Established firms have various strategic options when responding to disruptive competitors with new business models6. Established firms should themselves be innovative in their business modelsAnd much more. The book is partly based on the author's own research of a large sample of business model innovators and is full of well-known and not-so-well-known case-examples, all well-written and with business arguments clearly articulated.Of course the author understands that innovation is impossible without creativity and he counterbalances his "Creativity is not enough" Chapter 3, with his Appendix B - "How to enhance corporate creativity".All in all a fine business book.
This book is excellent. It demystifies strategic innovation and explains, in clear and concise language, how established firms can discover and successfully adopt new business models without cannibalizing their existing businesses. The book is delicately balanced between academic research and practical advice, and the numerous case studies presented are extremely well researched and thought provoking. After "All The Right Moves" and "Fast Second", this is another masterpiece by Markides and confirms his status as a world class business strategy scholar and author.
This book provides a thoughtful discussion about how large, incumbent firms can strategically innovate and simultaneously manage two business models to sustain competitive advantages over new entrants. Markides is one of the leading strategy scholars of our time and this new book is relevant for both practicing senior managers as well as those teaching strategy courses. There are many practical examples and a clear explanation of how to implement the ideas. A must read!
Yes, you will get smarter by reading this book. Not because it gives you the answers to your questions straight out but because it makes you think of the answers. It gives you the tools.I simply love this kind of books, I hate the 1+1=2 style .If you don't like reflecting, this is not for you :-DEnjoy!
This book is an excellent wake up call for all market leaders that like to keep in control of their destiny. In a very comprehensable way Markide show the risks of complacency and how companies can stay or get ahead with their innovations.
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