| |
| |
Preface | |
| |
| |
About the Author | |
| |
| |
| |
Introduction | |
| |
| |
| |
Persistent Winning and Losing | |
| |
| |
A Sweet Spot | |
| |
| |
Agile, Disciplined, and Focused | |
| |
| |
Managing the Tension | |
| |
| |
In Summary | |
| |
| |
| |
Companies that Hit and Missed the Mark | |
| |
| |
Characteristics of Winners and Losers | |
| |
| |
Time and Industry as Reference Points | |
| |
| |
Continued Outstanding Performance | |
| |
| |
How Market Leaders Create Shareholder Value | |
| |
| |
In Summary | |
| |
| |
| |
Winners | |
| |
| |
| |
Companies that Keep Winning | |
| |
| |
Amphenol | |
| |
| |
SPX | |
| |
| |
Fiserv | |
| |
| |
Dreyer's | |
| |
| |
Forest Labs | |
| |
| |
Ball | |
| |
| |
Brown & Brown | |
| |
| |
Family Dollar | |
| |
| |
Activision | |
| |
| |
In Summary | |
| |
| |
| |
Sweet Spots | |
| |
| |
Co-Design | |
| |
| |
Embed | |
| |
| |
Broker | |
| |
| |
In Summary | |
| |
| |
| |
Agility | |
| |
| |
Respond Swiftly to Threats and Opportunities | |
| |
| |
Don't Get Too Big-With Smaller Size Comes Greater Flexibility | |
| |
| |
Grow Your Business in Accord with Your Customers' Changing Needs | |
| |
| |
Move Toward New and Promising Markets Where Customers Have Specialized Needs Only You Can Meet | |
| |
| |
Be an Aggressive Acquirer, Taking Advantage of the Opportunities to Broaden and Enhance Your Product Offerings | |
| |
| |
Be Sufficiently Diversified So That You Can Compensate for a Decline in One Segment with Strengths in Another Segment | |
| |
| |
In Summary | |
| |
| |
| |
Discipline | |
| |
| |
Maintain Ongoing, Effective Programs That Reduce Costs and Raise Quality | |
| |
| |
Control Distribution | |
| |
| |
Make for Smooth Transitions in Managing Your Acquisitions | |
| |
| |
Create a Special Culture to Get Your Employees Involved | |
| |
| |
Monitor and Influence Regulatory Changes, and Promptly Comply with Policies That Affect the Firm | |
| |
| |
In Summary | |
| |
| |
| |
Focus | |
| |
| |
Focus on Core Strengths-Stick to Your Mission | |
| |
| |
Develop High-Growth, Application-Specific Products for Markets with Growth Potential | |
| |
| |
Extend Your Global Reach | |
| |
| |
In Summary | |
| |
| |
| |
Losers | |
| |
| |
| |
Companies that Keep Losing | |
| |
| |
LSI Logic | |
| |
| |
Snap-On | |
| |
| |
Parametric Technology | |
| |
| |
Campbell Soup | |
| |
| |
IMC Global | |
| |
| |
Goodyear | |
| |
| |
Safeco | |
| |
| |
The Gap | |
| |
| |
Hasbro | |
| |
| |
In Summary | |
| |
| |
| |
Sour Spots | |
| |
| |
Too Expensive | |
| |
| |
Too Cheap | |
| |
| |
Too Broad and Complex | |
| |
| |
In Summary | |
| |
| |
| |
Rigidity | |
| |
| |
Do Not Rely Exclusively on Expansion of Your Core Products for Growth | |
| |
| |
Avoid Over-Reliance on Hard-to-Differentiate Commodity Products Sold on the Basis of Price | |
| |
| |
Do Not Accumulate Additional Capacity at High Prices When Demand Is Insufficient | |
| |
| |
Respond Vigorously When Experiencing a Decline in Your Core Business Area | |
| |
| |
Don't Lag in Recognition and Reaction to Changes in Your Customers' Tastes | |
| |
| |
Bigger Is Not Necessarily Better | |
| |
| |
Move to Profitable Niches | |
| |
| |
In Summary | |
| |
| |
| |
Ineptness | |
| |
| |
Develop Capabilities to Provide Best-in-Class Service and Customizable Offerings at Low Cost | |
| |
| |
Gain Mastery Over the Supply Chain | |
| |
| |
Be Proactive in Managing Your Acquisitions | |
| |
| |
Make Sure Your Employees Are Motivated | |
| |
| |
Maintain High Ethical Standards and Develop Capabilities to Manage Regulation | |
| |
| |
In Summary | |
| |
| |
| |
Diffuseness | |
| |
| |
Maintain a Clear Strategic Direction-Do Not Spread Yourself Too Thin | |
| |
| |
Focus on Markets That Have Future Promise | |
| |
| |
Do Not Rely on a Global Focus to Fix Domestic Problems | |
| |
| |
In Summary | |
| |
| |
| |
Conclusion | |
| |
| |
| |
Winning and Losing Practices | |
| |
| |
A Sweet Spot | |
| |
| |
An Example of the Search for a Sweet Spot: The Market for Painkillers | |
| |
| |
Agility, Focus, and Discipline: Finding a Balance | |
| |
| |
A Diagnostic for Knowing if Your Company is Focused, Disciplined, and Agile | |
| |
| |
In Summary | |
| |
| |
Dell's Focus and Discipline | |
| |
| |
| |
Turnarounds | |
| |
| |
Safeco | |
| |
| |
SPX | |
| |
| |
In Summary | |
| |
| |
| |
Best Sellers Compared | |
| |
| |
| |
Using the Stock Market as an Indicator of Performance | |
| |
| |
| |
Additional Data on the Companies | |
| |
| |
| |
Patterns of Winning and Losing Companies | |
| |
| |
Acknowledgments | |
| |
| |
Sources | |
| |
| |
Amphenol and LSI Logic Sources | |
| |
| |
SPX and Snap-On Sources | |
| |
| |
Fiserv and Parametric Sources | |
| |
| |
Campbell's and Dreyer's Sources | |
| |
| |
Forest Laboratories and IMC Global Sources | |
| |
| |
Goodyear and Ball Sources | |
| |
| |
Brown & Brown and Safeco Sources | |
| |
| |
Family Dollar Inc. and Gap Inc. Sources | |
| |
| |
Hasbro and Activision Sources | |
| |
| |
Endnotes | |
| |
| |
Index | |