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In Beyond Performance, McKinsey & Company`s Scott Keller and Colin Price give you everything you need to build an organization that can execute in the short run and has the vitality to prosper over the long term.
Drawing on the most exhaustive research effort of its kind on organizational effectiveness and change management, Keller and Price put hard science behind their big idea: that the health of an organization is equally as important as its performance. In the book`s foreword, management guru Gary Hamel refers to this notion as "a new manifesto for thinking about organizations.
Key Features
McKinsey & Company Support: McKinsey & Company is the trusted advisor and counselor to many of the most influential businesses and institutions in the world. They serve more than 70 percent of Fortune magazine`s most admired list of companies and have distribution networks that reach its clients worldwide.
Foreword by Gary Hamel: Hamel was recently ranked by the Wall Street Journal as the world`s most influential business thinker. He is the author of the best-selling management books Leading the Revolution, Competing for the Future, and The Future of Management and has contributed to many leading publications, including the Wall Street Journal, Fortune, and the Financial Times. He is a fellow of the World Economic Forum and visiting professor of strategic and international management at London Business School.
Evidence-based Support. Half of the companies in the 2010 S&P 500 Index are likely to have left it before 2020. Only a third of excellent companies remain excellent over the long term. Roughly 50 percent of performance variation among companies is accounted for by difference in organizational health. Over 70 percent of failures are driven by poor organizational health. Transformations designed through a large-scale collaborative effort are 1.5 times more likely to succeed. Companies that rigorously assess their current state are 2.4 times more likely to be successful in their transformation. Companies that explicitly design a sequence of change initiatives are 3.5 times more likely to succeed. ISBN 9788126534104
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