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Beat the odds with a bold strategy from McKinsey & Company
"Every once in a while, a genuinely fresh approach to business
strategy appears" --legendary business professor Richard Rumelt,
UCLA McKinsey & Company's newest, most definitive, and most
irreverent book on strategy--which thousands of executives are
already using--is a must-read for all C-suite executives looking to
create winning corporate strategies. Strategy Beyond the Hockey
Stick is spearheading an empirical revolution in the field of
strategy. Based on an extensive analysis of the key factors that
drove the long-term performance of thousands of global companies,
the book offers a ground-breaking formula that enables you to
objectively assess your strategy's real odds of future success.
"This book is fundamental. The principles laid out here, with
compelling data, are a great way around the social pitfalls in
strategy development." --Frans Van Houten, CEO, Royal Philips N.V.
The authors have discovered that over a 10-year period, just 1 in
12 companies manage to jump from the middle tier of corporate
performance--where 60% of companies reside, making very little
economic profit--to the top quintile where 90% of global economic
profit is made. This movement does not happen by magic--it depends
on your company's current position, the trends it faces, and the
big moves you make to give it the strongest chance of vaulting over
the competition. This is not another strategy framework. Rather,
Strategy Beyond the Hockey Stick shows, through empirical analysis
and the experiences of dozens of companies that have successfully
made multiple big moves, that to dramatically improve performance,
you have to overcome incrementalism and corporate inertia. "A
different kind of book--I couldn't put it down. Inspiring new
insights on the facts of what it takes to move a company's
performance, combined with practical advice on how to deal with
real-life dynamics in management teams." --Jane Fraser, CEO,
Citigroup Latin America
This book offers an in-depth examination of where business growth
comes from and how companies can create and sustain it. "The
Granularity of Growth" shows companies how to achieve sustainable
growth. Powerful new insights laid out in a simple yet resilient
framework make this book a must-read for any manager, executive, or
entrepreneur involved in a company's growth and survival. "The
Granularity of Growth" provides a rigorous analytical foundation
for understanding the correct approach and architecture for
managing growth today across geographies and industries.Ultimately,
"The Granularity of Growth" reveals why growth is so important for
large companies, what enables certain companies to grow so
spectacularly as they take both a broad and a granular view of
their markets, and how this ensures that their growth comes from
multiple sources in the many micro-markets in which they compete.
Patrick Viguerie (Atlanta, GA) is a Director at McKinsey &
Company and leads the firm's Strategy Practice in the Americas.
Sven Smit (Amsterdam, Netherlands) is a Director at McKinsey &
Company, co-leading the company's initiatives on growth. Mehrdad
Baghai (Sydney, Australia) is Managing Director of Alchemy Growth
Partners, an advisory and venture firm.
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