Three top Wall Street analysts reveal enduring lessons in
sustainable success from the great industrial titans-the high-tech
companies of their day-to the disruptors that now dominate the
economy. Before Silicon Valley disrupted the world with new
technologies and business models, America's industrial giants paved
the way. Companies like General Electric, United Technologies, and
Caterpillar were the Google and Amazon of their day, setting gold
standards in innovation, growth, and profitability. Today's leaders
can learn a great deal from their successes, as well as their
missteps. In this essential guide, three veteran Wall Street
analysts reveal timeless lessons from the titans of industry-and
offer battle-tested survival tactics for an ever-changing world.
You'll learn: how GE became the largest company on earth-only for a
culture of arrogance to set in motion the largest collapse in
historyhow Boeing reassessed risks, raised profits-and tragically
lost its balancehow Danaher avoided the pitfalls of tremendous
success-by continually reinventing itselfhow Honeywell experienced
a near-fatal cultural breakdown-and executed a flawless
turnaroundhow Caterpillar relied too much on forecasting, lost
billions-and rallied by recommitting to the basics Filled with
illuminating case studies and brilliant in-depth analysis, this
invaluable book provides a multitude of insights that will help you
weather market upheavals, adapt to disruptions, and optimize your
resources to your best advantage. You'll learn hard-won lessons in
innovation, growth, resilience, and operational excellence, as well
as the time-proven fundamentals of continuous improvement for
lasting success. In the end, you'll have your own personal toolbox
of useful takeaways from more than a century's worth of data,
experience, wisdom, and can-do spirit, courtesy of some of the
greatest business enterprises of all time. This is how
manufacturers survived the first disruptors of technology-and how
today's giants can survive and thrive during continuous cycles of
disruption.
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