Creative Destruction: Why Companies That Are Built to Last Underperform the Market--And How to Successfully Transform Them - Hardcover
Synopsis
Argues that "built-to-last" companies weigh down the market, presents a plan for transforming business practices, and explains how formerly successful companies fall into habits that compromise future productivity.
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About the Author
Richard Foster is a senior partner and director at McKinsey & Company and the author of the bestselling <i>Innovation: </i><b>The Attacker's Advantage</b>, named one of the best business books of the year by <i>The Wall Street Journal</i>. <br><br>Sarah Kaplan worked at McKinsey & Company for many years, specializing in innovation and technology management. Foster lives in New York City, and Kaplan in Boston.
From the Inside Flap
entional wisdom on its head, a Senior Partner and an Innovation Specialist from McKinsey & Company debunk the myth that high-octane, built-to-last companies can continue to excel year after year and reveal the dynamic strategies of <i>discontinuity </i>and creative destruction these corporations <i>must</i> adopt in order to maintain excellence and remain competitive.<br><br>In striking contrast to such bibles of business literature as <b>In Search of Excellence</b><i> </i>and <b>Built to Las</b><i>t, </i>Richard N. Foster and Sarah Kaplan draw on research they conducted at McKinsey & Company of more than one thousand corporations in fifteen industries over a thirty-six-year period. The industries they examined included old-economy industries such as pulp and paper and chemicals, and new-economy industries like semiconductors and software. Using this enormous fact base, Foster and Kaplan show that even the best-run and most widely admired companies inc
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Creative Destruction: Why Companies That Are Built to Last Underperform the Market--And How to Successfully Transform Them
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Broadway Business (edition 1), 2001
ISBN 10: 0385501331
ISBN 13: 9780385501330
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Creative Destruction : Why Companies That Are Built to Last Underperform the Market--and How to Successfully Transform Them
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Creative Destruction : Why Companies That Are Built to Last Underperform the Market--and How to Successfully Transform Them
Published by
Knopf Doubleday Publishing Group, 2001
ISBN 10: 0385501331
ISBN 13: 9780385501330
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