Book Review: Bringing Strategy Back

BringingStrategyBack

by Jeffrey Sampler

When the world of business is so chaotic, leaders need strategy more than ever. However, the business environment is changing too quickly for conventional strategic planning processes. In Bringing Strategy Back, Sampler explains why strategy is more important than ever for your business. Strategy expert Jeffrey Sampler introduces four “strategic shock absorbers” that enable leaders to build resilient organizations that can withstand even the most unexpected global turbulence.

With four “strategic shock absorbers,” leaders all around the world at organizations of any size and type can build strong organizations that withstand chaos and instability. Based on the Sampler’s in-depth research into the world’s most unstable markets, these strategic shock absorbers work together in an ongoing process that can be applied to any organization: Accuracy, Agility, Momentum and Foresight. Of the four, agility helps leaders deliver with speed and flexibility in terms of strategic options. Leaders need to be able to act quickly using agility in unpredictable markets.

Businesses can’t afford to become stagnant in their strategic process in order to survive and thrive. Sampler says that giving up the old way of strategic planning can seem risky; however customizing the best approach for your business will make a positive difference. With this new framework, Bringing Strategy Back shows how to be prepared and proactive, rather than reactive, even when the future is uncertain.

Book Review: Low-Hanging Fruit

LowHangingFruit

by Jeremy Eden and Terri Long

Consultants Jeremy Eden and Terri Long define low-hanging fruit as the targets or goals that are easily achievable and do not require a lot of effort. Your business can achieve better results with greater ease by thinking small and reaching for the low-hanging fruit like many of the smartest companies today. Eden and Long share 77 of their most effective techniques for generating real performance improvements drawn from their success working with major companies. In Low-Hanging Fruit, the authors explain why leaders should not agonize over large-scale change efforts and ways to reduce costs. Instead, they show leaders how to go after small solvable problems and uncover the low-hanging fruit.

“True low-hanging fruit is within your reach. Harvesting low-hanging fruit produces bigger results with much less risk than those big projects on which companies rely, like strategic transformations and enterprise-wide systems! Individual pieces of low-hanging fruit come in all sizes — from those worth millions of dollars to those worth just a few thousand dollars. Collectively, it is your growth engine,” write Eden and Long. Of the 77 techniques outlined by Eden and Long, the first few help leaders and managers find ways to see problems easily, for example “Ask “Why?” Five Times to See the Real Problem.” This point illustrates the importance of asking “Why?” which will help you gain progress toward finding the right problem to solve.

If you think you don’t have the resources to be faster, better and more profitable, think again. Low-Hanging Fruit will help managers and leaders to boost productivity in their organizations by identifying and solving hidden problems.

Implement Improvements With These Summaries

Leaders and managers constantly search to make improvements within their organizations. However, the strategies or processes to implement these improvements are not always well defined. Learn how to improve the performance of your business by reaching for the low-hanging fruit, building resilience into your strategy, and cultivate a better workplace environment with these two new Soundview book summaries and featured book review.

LowHangingFruit

by Jeremy Eden and Terri Long

Low-Hanging Fruit by Jeremy Eden and Terri Long

To boost productivity and profits, most companies either accept the way things are or think big by spending time and money trying to make things better. However, the smartest companies get better results with greater ease and at a fraction of the cost by thinking small and reaching for the low-hanging fruit. In Low-Hanging Fruit, Jeremy Eden and Terri Long present 77 of their most effective techniques for generating performance improvements drawn from their success working with major companies.

BringingStrategyBack

by Jeffrey Sampler

Bringing Strategy Back by Jeffrey Sampler

In an ever-changing world, conventional strategic planning processes no longer seem to work. However, instead of giving up on strategy, we should embrace it. In Bringing Strategy Back, strategy expert Jeffrey Sampler introduces four “strategic shock absorbers” that enable leaders to build resilient organizations that can withstand even the most unexpected global turbulence. When the future is uncertain, organizations will be prepared and proactive with this new framework.

TheBestPlaceToWork

by Ron Friedman

The Best Place to Work by Ron Friedman

We’ve all heard of people having terrible experiences at work within a low performing, unorganized organization. But how do entrepreneurs and executives turn their organizations into extraordinary atmospheres that promote effective processes? In The Best Place to Work, psychologist Ron Friedman uses research on motivation, creativity, behavioral economics, neuroscience, and management to reveal what really makes us successful at work. He explains how to effectively diffuse a workplace argument, elevate your thinking, and reach smarter decisions.

Book Review: Game-Changer

Game_Changer

by David McAdams

People and businesses are constantly playing games in order to win advantage in everything from gaining customers to controlling market share. However, if they are not careful, they may end up strategically out-played. Duke economics professor David McAdams transforms the concept of game theory to introduce what he calls the “game-theory approach to life.” McAdams presents the benefits of using game theory to plot business tactics and gain insights, in Game-Changer. This book is now available as a Soundview Executive Book Summary.

“Game theory realizes its greatest business potential when leaders of a firm create the culture and organizational structures needed for everyone to thrive together. A game-aware management team can transform everything from how employees are motivated to how buyer and supplier relationships are nurtured, and much more. When used with wisdom and humility, game theory can be a powerful and positive transformative force,” writes McAdams. Outstrategize your rivals with McAdams’ six ways to change games: commitment, regulation, cartelization, retaliation, trust and relationships. He also introduces the idea of The Prisoners’ Dilemma. This dilemma presents the situation of two criminals that face the choice whether to confess or not, separately. Although confessing seems like the right choice, it will be the worst for both. McAdams explains how to recognize situations you are in to illustrate that self-interest is not always the best strategy.

By practicing game-awareness you will be able to recognize how to “change the game” to your advantage by learning to be a deeper strategic thinker. By being a deeper strategic thinker, you will increase the odds of winning all the games you play.

Book Review: Good Leaders Ask Great Questions

Good_Leaders_Ask_Great_Questions

by John C. Maxwell

Once leaders assume their positions, they tend to stop asking questions of themselves and others. However, John C. Maxwell believes that asking the right questions can be advantageous. In Good Leaders Ask Great Questions, Maxwell explains why questions are so important and what questions you should be asking yourself and your team. This book is now available as a Soundview Executive Book Summary.

“Never forget: good questions inform; great questions transform! What questions have others asked of you that have made a positive difference in your life? What questions have you asked others that are helping you even today? Become intentional from this point on in being a questioner. You should even ask questions of yourself,” writes Maxwell. He invited people from around the world to ask him any leadership question and he answers 70 of them throughout the book. He shares leadership questions he has gathered from others and from his own experience that will inspire leaders to ask great questions that will improve their leadership skills and career in a simple and straightforward way. Executives may particularly benefit from “What Must I Do to Lead Myself Successfully?” and “How Do I Resolve Conflict and Lead Challenging People?”

Whether you are a seasoned leader or new to leadership wanting to take the first steps, Good Leaders Ask Great Questions will change the way you look at questions and improve your leadership life. You will know the key questions to ask and overcome poor leadership to develop your talent within your organization.