The Book Depository Scaling Up by Verne Harnish

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The Book Depository Scaling Up by Verne Harnish
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Description: Scaling Up : Paperback : Gazelles, Inc. : 9780986019593 : 0986019593 : 21 Oct 2014 : Winner of the International Book Awards for General Business Winner of the Readers' Favorite International Book Award for Non-Fiction Business It's been over a decade since Verne Harnish's best-selling book Mastering the Rockefeller Habits was first released. Scaling Up (Rockefeller Habits 2.0) is the first major revision of this business classic which details practical tools and techniques for building an industry-dominating business. This book is written so everyone 'from frontline employees. The Book Depository Scaling Up by Verne Harnish - shop the best deal online on thebookbug.co.uk

 

Category: Books

Merchant: The Book Depository

Product ID: 9780986019593

MPN: 0986019593

GTIN: 9780986019593

 
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Author: The Salary Coach

Rating: 5

Review: As an investor I sit on the board of a number of companies and this book has given me an indispensable frameworks and ideas to define effective strategies and create change. Any business owner, investor or manager will benefit from reading this book. I would go so far to say as it’s the most valuable book I’ve read to help grow a business. The book is structured in to three main section on people, strategy and cash. Included within each section are a number of printable resources for analysing your business and providing a framework to find the right people, set strategy and manage cash. Here’s what I took away from the book: • There are four main challenges to a business scaling up: o Attracting and keeping the right People; o Creating a truly differentiated Strategy; o Driving flawless Execution; and o Having plenty of Cash to weather the storms. • To scale up a business there are a few key priorities that should be set: o Free up the senior management team from operational issues o Refocus them on market facing activities and strategy setting o Align the junior team to drive execution • A goal without a routine is a wish. A routine without a goal is aimless • There are three barriers to scaling up: o Leadership o Technology o Cash People • Failing to construct the right team will drain energy from relationships and the business • Make a list of functions and processes in the organisation and allocate a name next to each. Set KPIs to hold each person to account • The most important KPI for the CEO is how many of their team is achieving their KPIs because this will prove that they have the right people doing the right things • Good leaders will exhibit two qualities: they don’t need to be managed and they consistently wow you with insights and output • To increase your chances of hiring successfully: create a job scorecard vs the usual job description) , aim for at least 20 CVs, use the threat of reference checks as truth serum Strategy • A well considered strategy based around mission, vision and values is hugely valuable • Use the 7 strata of strategy to help you come up with a strategy • Strategy should have clearly defined actions and be measurable through KPIs • Constantly review your strategy by gathering customer and employee feedback Execution • To execute the strategy follow the Rockefeller habits, track KPIs and instil a considered pattern of meetings (daily, monthly, quarterly) to track progress • Make sure that managers are in the habit of ‘closing the loop’ with customer and staff feedback

 

Author: Mr. Rory O'REILLY

Rating: 4

Review: Great perspective for anyone gearing up to scale their business

 

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