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Reviews: "Without understanding the lessons of history, we are doomed to repeat them. Enduring Success provides well-reasoned grounding in those lessons in a world that is increasingly turbulent and risky, and where the longer-term view is more important than ever." -Chris Zook, Head of Global Strategy Practice, Bain & Company, Best-selling author of Profit from the Core "Christian Stadler`s analysis of business history is a source of inspiration for the future. As an executive, its perspective and insights keep you humble. Moreover, it is delightful reading." -Jeroen van der Veer, Former CEO of Shell
"Christian StadJyr defines clear principles for persistent business achievement; ones that Nokia continues to adopt in driving for success." -Jorma Ollila, Chairman and former CEO of Nokia
"Christian Stadler`s suggestions are surprising, sometimes provocative. A great inspiration for consultants and leaders who want to make enduring success a reality." -Burkhard Schwenker, Chairman of the Supervisory Board and former CEO, Roland Berger Strategy Consultants
"By identifying and acting on behaviours that increase longevity, humans have greatly extended the average lifespan. If human life expectancy lengthened through identification of longevity factors, why can`t companies`? This work will help organizations identify strategies to enable longer ˜lives`." -Vicki R TenHaken, Associate Professor of Management, Hope College, Former Executive Vice President of Strategic Planning, Herman Miller, Inc
"This book presents core concepts that explain why implementation lies at the intersection of environment, strategy and organization. Stadler explains these principles with terrific examples. I really enjoyed reading about each company and this helped to expand my thinking. I cannot say that for most business books that I read." -Sayan Chatterjee, Professor of Management Policy, Case Western Reserve University, Author of Failsafe Strategies
Description: Enduring Success addresses a key question in business today: How can companies succeed over time? To learn the source of enduring greatness, author Christian Stadler directed a team of eight researchers in a six-year study of some of Europe`s oldest and most stellar companies, targeting nine that have survived for more than 100 years and have significantly outperformed the market over the past 50 years. Readers may wonder, "Why European companies?" Yet Europe is the ideal place to seek the key to long-term success: half of the Fortune Global 500 companies that are 100 years old or older can be found in Europe, as can 72 of the 100 oldest family businesses in the world. Fifteen years after Collins and Porras` Built to Last, this new book incorporates fresh insights from management science and provides the first non-US perspective on long-range success. Through Stadler`s study, a counterintuitive story emerges: the greatest companies adapt to a constantly changing environment by being intelligently conservative. Enduring Success provides a coherent framework, grounded in five principles and practical concepts, for business leaders who are prepared to learn from the history of some of the world`s greatest institutions
Contents: The Quest for Enduring for Enduring Success ¢ WHAT-A Framework for Enduring Success ¢ HOW-Strategies to Implement the Framework ¢ WHO-A Commentary on Leadership ¢ SO WHAT?-A Comparison with Prior Studies ¢ Epilogue: Learning from the History of Outstanding Corporations ¢ Appendix A: Brief Histories of Gold and Silver Medalists ¢ Appendix B: Methodology and Selection of Comparison Companies ¢ Notes ¢ References ¢ Index
About the Author: Christian Stadler teaches strategy at the University of Bath. For the past decade, he has investigated long-lived corporations - how they grow, adapt, and consistently best their competitors. He has shared his ideas with executives and students in Asia, Australia, Europe and the US. His work has been featured in the Harvard Business Review and Fast Company. Special prices are applicable to the authorised sales territory only. Prices are subject to change without prior notice. ISBN 9780749463595
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Pages : 280
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