Profit from the Core argues that a timeless strategic principle--building market power in a well-defined core business--remains the key source of competitive advantage and the most viable platform for successful expansion. Based on a ten-year study of 2,000 companies conducted by Bain & Company, the book identifies three factors that differentiate growth strategies that succeed from those that fail: 1) reaching full potential in the core business; 2) expanding into businesses adjacent to that core; and 3) preemptively redefining the core business in times of market turbulence. Explaining how leaders can adapt their strategies in response to a rapidly changing business environment, the book concludes with guidelines for becoming sustained value creators--companies capable of successfully refining and redefining their core businesses over the long haul.
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Author: Zook, Chris
Publisher: Harvard Business School Press
Illustration: N
Language: ENG
Title: Profit from the Core: Growth Strategy in an Era of Turbulence
Pages: 00208 (Encrypted PDF)
On Sale: 2001-03-21
SKU-13/ISBN: 9781578512300
Lib Category: Industrial management
Lib Category: Corporations
Category: Business & Economics : Corporate Finance
Category: Business & Economics : Strategic Planning
Category: Business & Economics : Entrepreneurship