Staying Power: Six Enduring Principles for Managing Strategy and Innovation in an Uncertain World (Lessons from Microsoft, Apple, Intel, Google, Toyota and More)

Author:   Michael A. Cusumano (MIT Sloan Management Review Professor of Management, Sloan School of Management, Massachusetts Institute of Technology)
Publisher:   Oxford University Press
ISBN:  

9780199657780


Pages:   400
Publication Date:   19 July 2012
Format:   Paperback
Availability:   To order   Availability explained
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Staying Power: Six Enduring Principles for Managing Strategy and Innovation in an Uncertain World (Lessons from Microsoft, Apple, Intel, Google, Toyota and More)


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Overview

"As we continue in an era of simultaneous innovation and commoditization, enabled by digital technologies, managers around the world are asking themselves ""how can we both adapt to rapid changes in technology and markets, and still make enough money to survive - and thrive?"" To provide answers to these important and urgent questions, MIT Sloan School of Management Professor Michael Cusumano draws on nearly 30 years of research into the practices of global corporations that have been acknowledged leaders and benchmark setters - including Apple, Intel, Google, Microsoft, Toyota, Sony, Panasonic, and others in a range of high-technology, services, and manufacturing industries. These companies have also encountered major challenges in their businesses or disruptions to their core technologies.If we look deeply enough, he contends, we can see the ideas that underpin the management practices that make for great companies, and drive their strategic evolution and innovation capabilities.From his deep knowledge of these organizations, Cusumano distils six enduring principles that he believes have been - in various combinations - crucial to their strategy, innovation management practices, and ability to deal with change and uncertainty. The first two principles - platforms (not just products), and services (especially for product firms) - are relatively new and broader ways of thinking about strategy and business models, based on Cusumano's latest research. The other four - capabilities (not just strategy or positioning), the ""pull"" concept (not just push), economies of scope (not just scale), and flexibility (not just efficiency) - all contribute to agility, which is a mix of flexibility and speed. Many practices associated with these ideas, such as dynamic capabilities, just-in-time production, iterative or prototype-driven product development, flexible design and manufacturing, modular architectures, and component reuse, are now commonly regarded as standard best practices. These six enduring principles are essential in a new world dominated by platforms and technology-enabled services."

Full Product Details

Author:   Michael A. Cusumano (MIT Sloan Management Review Professor of Management, Sloan School of Management, Massachusetts Institute of Technology)
Publisher:   Oxford University Press
Imprint:   Oxford University Press
Dimensions:   Width: 16.30cm , Height: 2.20cm , Length: 23.30cm
Weight:   0.606kg
ISBN:  

9780199657780


ISBN 10:   0199657785
Pages:   400
Publication Date:   19 July 2012
Audience:   Professional and scholarly ,  Professional and scholarly ,  Professional & Vocational ,  Postgraduate, Research & Scholarly
Format:   Paperback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

Introduction: The Six Enduring Principles 1: Platforms, not Just Products 2: Services, not Just Products (or Platforms) 3: Capabilities, not Just Strategy 4: Pull, Don't Push 5: Scope, not Just Scale 6: Flexibility, not Just Efficiency Conclusion: The Power of Ideas - for Practice and Research Appendices Acknowledgements Bibliography Notes

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Author Information

Michael A. Cusumano is the Sloan Management Review Distinguished Professor of Management and Engineering Systems at the Massachusetts Institute of Technology's Sloan School of Management, with a joint appointment in MIT's Engineering Systems Division. He specializes in strategy, product development, and entrepreneurship in the software business. He has consulted for more than 50 major firms around the world and is the author or co-author of 8 books. The Business of Software was named one of the top business books of 2004 by Steve Lohr of the New York Times. The international best-seller Microsoft Secrets (1995, with Richard Selby), has been translated into 14 languages. Competing on Internet Time: Lessons from Netscape and its Battle with Microsoft (1998, with David Yoffie) was named a top-10 Business Week book.

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