What Really Works - AchieveMax® Top Ten Book Review
If you watch television, read the newspaper and/or magazines, frequent the Internet, or simply move in any kind of a business circle, you must have, at one time or another, pondered the following:
Why do some organizations consistently outperform their competitors?
What do managers at the best companies know-and do-to keep their organizations on top?
When it comes to implementing management practices that can propel a company to lasting success ... WHAT REALLY WORKS?
Well, what better way to find out than a massive five-year study in which over fifty consultants and business school professors at top universities around the country analyzed ten years of data on 160 companies and more than 200 management practices? They called it the Evergreen Project and their goal was to correlate superior corporate performance with the companies' adherence to 200 commonly used practices.
Companies they identify as winners consistently followed successful practices in all four of the primary areas (strategy, execution, culture and structure) and any two secondary areas (talent, leadership, innovation, and mergers and partnerships).
Strategy: Devise and Maintain a Clearly Stated, Focused Strategy
Execution: Develop and Maintain Flawless Operational Execution
Culture: Develop and Maintain a Performance-Oriented Culture
Structure: Build and Maintain a Fast, Flexible, Flat Organization
Talent: Hold on to Talented Employees and Find More
Leadership: Keep Leaders and Directors Committed to the Business
Innovation: Make Innovations That Are Industry Transforming
Mergers & Partnerships: Make Growth Happen with Mergers and Partnerships
The key to long-term success, they argue, is implementing effective programs in the six areas simultaneously. After analyzing the data, William Joyce and his colleagues concluded that a company following this "4+2" formula over the ten year period had a better than 90% chance of being a winner.
Anecdotes from the successful companies will interest general business readers, but the contrast with the experience of companies that stumbled should be particularly instructive. The detailed profiles of "winner" and "loser" companies were especially interesting. Replete with incisive discussions of various companies' approaches for each of the four primary and four secondary areas of practice, the book also offers summaries of the study results in table format. For managers who wonder how anybody can keep six areas of practice fine-tuned at the same time, the authors agree it may be a challenge but point to their wealth of success stories to show it isn't impossible.
"It is time for the first book identifying the fundamental practices that create business success-the ones that do indeed really matter."
More than 100 business book reviews written by Harry K. Jones are available at www.AchieveMax.com/books/index.htm">http://www.AchieveMax.com/books/.
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www.AchieveMax.com/motivational-speaker-harry.htm">Harry K. Jones is a professional speaker and consultant for AchieveMax®, Inc., a firm specializing in custom-designed keynote presentations, seminars, and consulting services. Harry has made presentations ranging from leadership to employee retention and time management to stress management for a number of industries, including education, financial, government, healthcare, hospitality, and manufacturing. He can be reached at 800-886-2MAX or by visiting www.AchieveMax.com">http://www.AchieveMax.com.
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The Hogwarts universe is set to expand by an additional two new Harry Potter books, published by Bloomsbury in the UK (and presumably Scholastic in the USA) in conjunction with a British Library event, in celebration of the 20th anniversary of the series.
The library exhibition titled, "A History of Magic," featuring the two books will be open from October 2017 to February 2018.
The books, both by the British Library, include unseen sketches and manuscript pages from author J.K. Rowling, magical illustrations from Jim Kay and artifacts from the archives at the library.
J.K. Rowling, in a statement on the Pottermore website, called A History of Magic an "adult edition" and Harry Potter A Journey Through A History of Magic "a family edition for younger readers."
As a part of the celebration of its centennial this year, the Women's National Book Association has awarded the WNBA Second Century Prize to the Little Free Library. The award, which carries a $5,000 grant, honors "an organization that supports the power of reading, past, present, and into the future,"
The Little Free Library, a nonprofit organization that promotes reading for all ages, but especially children, by building free book exchanges.
Founded in 2009 in Hudson, Wis., by Todd Bol to honor his mother, a schoolteacher, the Little Free Library promotes the building of free book exchanges. There are now more than 50,000 registered Little Free Libraries worldwide, in all 50 states and 70 countries.
The budget battle is kicking up again in Washington, but this time with a note of optimism for libraries and library supporters. Last week, a House Appropriations subcommittee voted to recommend level funding for libraries in FY2018, which would mean roughly $231 million for the Institute of Museum and Library Services (IMLS), $183 million for the Library Services and Technology Act, and $27 million for the Innovative Approaches to Literacy (IAL) program.
The vote comes after President Trump in May doubled down on his call to eliminate IMLS and virtually all federal funding for libraries, as well as a host of other vital agencies.
By his own admission, the novelist Junot Díaz is an agonizingly slow writer and a chronic procrastinator. Over the past two-plus decades, he has published just three books: two short-story collections and his 2007 novel, The Brief Wondrous Life of Oscar Wao, which won the Pulitzer Prize.
But even by Mr. Díaz's glacial standards, his latest book, Islandborn (March 2018, Dial Books), will be long overdue about 20 years past deadline. And it's a mere 48 pages long.
According to the New York Times, Islandborn "engages with many of the same themes that Mr. Díaz has wrestled with in his fiction: immigration and identity, the weight of collective memory, and feelings of displacement and belonging." ...
This year's International Thriller Writers' annual awards have been presented to:
Hardcover: Before the Fall
, Noah Hawley
First Novel: The Drifter
, Nicholas Petrie
Paperback Original: The Body Reader
, Anne Frasier
eBook Original: Romeo's Way
, James Scott Bell
Liu Xiaobo, the renegade Chinese intellectual who kept vigil at Tiananmen Square in 1989 to protect protesters from encroaching soldiers, promoted a pro-democracy charter that brought him a lengthy prison sentence and was awarded the Nobel Peace Prize while locked away, died under guard in a hospital on Thursday. He was 61.
(Liu Xiaobo is pronounced approximately Lee-O shau-BO. Liu is his family name, Xiaobo his given name. The first syllable of Xiaobo rhymes with now.)
For the 50th anniversary of the Beatles' Yellow Submarine, the Apple Corporation is authorizing a comic book adaptation of the classic film with Titan Comics. The book is slated for release in 2018.
In a move that had been expected, Bertelsmann has increased its stake in Penguin Random House. After the deal is completed in September, Bertelsmann will have a 75% share of PRH with Pearson controlling the remaining 25%.
Spencer Johnson, a onetime physician and children's book author, whose best-selling books on business management, including "The One-Minute Manager" and "Who Moved My Cheese?," sold millions of copies and inspired a cult-like following, died July 3 at a hospital in Encinitas, Calif. He was 78.