Why is it that some companies turn out to be more successful
when doing the opposite of what is prescribed in many of the
current books on management and strategy?
Interestingly, many of the companies depicted as very successful
companies in the standard literature end up not faring well over
time - probably because they somehow end up in a dangerous
autopilot mode. What this suggests is that the conventional
literature cookbook isn t telling us the whole story. Even if
companies have temporarily developed from an ugly duckling to a
white swan, the popular recipes for success may be clipping such
companies wings.
Conversely, companies adhering to disruptive business models are
seen to be more agile and to possess a higher degree of
actionability. Such next generation companies are labeled black
swans. They thrive because they are bold and embrace the great
unknowns of tomorrow with open minds and eyes. At the same time,
they are able to take advantage of incumbents fears, risk-aversion
and blindness to what s coming. Beyond Strategy delves into the
inner workings of such black swans as Apple, Aravind, Emirates,
Huawei, Natura, Ryanair and Tata and addresses the rise and fall of
Nokia. The authors provide explosive evidence of black swan
companies working against the norms to enter unchartered waters,
determined not to adhere to the best practice of others, but rather
to create a genuine next generation practice.
Next generation companies and their underlying philosophies are
here to stay are you?"
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