Kamis, 17 April 2014

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The GE Work-Out : How to Implement GE's Revolutionary Method for Busting Bureaucracy & Attacking Organizational Proble, by Dave Ulrich, St

Famous "Work-Out" change-management tool explained by the people who helped develop it.

GE's legendary Work-Out program played a key role in the company's phenomenal success over the past decade and has been implemented in many other organizations. Now three executives and consultants who developed the original Work-Out approach at GE­­often working directly with CEO Jack Welch­­discuss the inner workings of Work-Out and their experiences at successfully implementing the program at GE.

Filled with effective assessment and decisionmaking tools, The GE Work-Out provides concrete and realistic guidance for anyone who wants to implement Work-Out and break down bureaucracy and hierarchy within an organization.

  • Sales Rank: #299137 in Books
  • Brand: Ulrich, David/ Kerr, Steve/ Ashkenas, Ronald N./ Burke, Debbie/ Murphy, Patrice
  • Published on: 2002-04-15
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.10" h x 1.00" w x 6.30" l, 1.35 pounds
  • Binding: Hardcover
  • 400 pages

From Publishers Weekly
Many companies have adapted Jack Welch's now-famous strategies for running a business. Taking advantage of Welch's popularity (and expertise), this handbook lays out instructions for implementing GE's "Work-Out" method. Flexible in execution, the method calls for collecting large teams of employees for defining tough business decisions, then breaking into smaller teams to develop solutions. The small teams then meet with a manager in a "town meeting" to discuss their recommendations. The result is change that's brought about by employees themselves. Consultants Ulrich and Ashkenas, along with Kerr (a managing director of Goldman Sachs) were brought together by Welch to create the "Work-Out" method.

From the Back Cover

"Work-Out helped us to create a culture where everyone began playing a part, everyone's ideas began to count, and leaders led rather than controlled."­­Jack Welch, Jack: Straight from the Gut

Implement GE's legendary Work-Out technique for solving organizational problems fast­­and get fast, GE-like results­­in your organization

Bring together the employees and managers who understand a problem best ... Challenge them to develop creative solutions in a single day ... Immediately present and decide on those solutions in a public forum ... Empower people to carry them out within eight weeks ...

These are the basic tenets of GE's famous "Work-Out," the simple, powerful problem-solving technique Jack Welch used to revolutionize GE's bureaucratic culture and restore its standing as one of the world's most successful organizations. The GE Work-Out is a step-by-step guide to using Work-Out to quickly solve problems in your organization, break down obstacles to getting things done, and improve the way your organization works.

"The authors of this book helped us create Work-Out and incorporate it into the fabric of GE. Their book will help you adapt Work-Out to your organization­­with dramatic results."­­William J. Conaty, Senior Vice President, Human Resources, General Electric Company

"Every company, no matter its size, unknowingly builds an inventory of productivity-killing relics in its basement. Work-Out helps to clean them out and keep everyone focused on creatively meeting customer needs. If you want to keep your company fresh and vital, ask your managers to read this book­­and make Work-Out part of your firm's DNA."­­W. James McNerney, Jr, .Chairman of the Board and Chief Executive Officer, 3M

"I have seen the effectiveness of Work-Out in both business and government. When I was Governor of West Virginia, we found Work-Out to be invaluable to us in improving the efficiency and effectiveness of our state government."­­Governor Gaston Caperton

President, The College Board

"Making fundamental change in organizations is almost impossible, but GE has succeeded. The GE Work-Out explains GE's secret weapon for fast, performance-improving change."­­Jeffrey Pfeffer, Professor, Stanford Business School and coauthor, The Knowing-Doing Gap: How Smart Companies Turn Knowledge Into Action

The GE Work-Out provides hands-on examples and case histories to help you implement GE's heralded Work-Out methodology in your organization. Written by GE employees and consultants who were key partners in the creation and rollout of GE's original Work-Out program­­and unique in that it addresses Work-Out from both perspectives­­this no-nonsense book will help you develop a realistic understanding of what Work-Out can and can't do, as well as the attitudes that must be in place throughout any organization before Work-Out can be successful.

Work-Out has helped GE employees at every level cut through bureaucracy to solve small and large organizational problems quickly. Written by consultants and GE executives who helped develop the original Work-Out problem-solving technique, this practical book provides detailed information on:

The underlying principles of Work-Out

Planning, conducting, and implementing a Work-Out

Customizing Work-Out for your organization

Using Work-Out to develop effective, visionary leaders

Worksheets, tools, and case studies.

Work-Out has been used with dramatic results not just at GE but in many other organizations, including 3M, Home Depot, Sears, and the State of West Virginia. Its genius lies in harnessing the intelligence of the workers closest to a problem. The GE Work-Out shows you how to adapt Work-Out to your organization, break down hierarchy and red tape, and create an empowered workforce confident enough to envision and implement change whenever and wherever it is needed.

In today's speed-of-light global environment, endless committees and "It's how we've always done it" cop-outs are nothing less than a full-scale surrender, one that will both disappoint your customers and energize your competitors. The GE Work-Out will show you how to involve every member of your organization in solving the small but essential problems that are keeping you from becoming a world-class organization. Filled with worksheets, tools, case studies, and more, it is the first book to provide true, unvarnished directives for understanding GE's battle-proven Work-Out, then adapting it for­­and embedding it in­­your organization.

About the Author

Dave Ulrich is a professor of business administration at the University of Michigan School of Business and the author of the best-selling Human Resource Champions, Results-Based Leadership, and The HR Scorecard.

Steve Kerr is Chief Learning Officer and a Managing Director of Goldman Sachs. He was previously Vice President-Leadership Development and Chief Learning Officer for General Electric, with responsibility for GE's renowned Leadership Development Center at Crotonville.

Ron Ashkenas is the managing partner of management consulting firm Robert H. Schaffer & Associates, and senior author (with Ulrich, Kerr, and Todd Jick) of two previous books about GE.

Most helpful customer reviews

13 of 14 people found the following review helpful.
Good Idea - Bad Book
By A Six Sigma Black Belt and Manager
I completely agree with the reader who said that this book could have been written much more effectively. It is nearly 400 pages and should have been no more than 25 to 50. Most issues or thoughts in this book while being solid are explained in far far too painful of detail with a great deal of redundancy. This made reading the book extremely wasteful of my time.
Perhaps the authors should have a "Work Out" on improvement of their materials.

8 of 9 people found the following review helpful.
Sound advice for delivering speed, simplicity, and solutions
By Peter Leerskov
'Work-Out' is the famous organizational process that General Electric, the greatest industrial firm in the world, used to bust bureaucracy - fast.

At its core, Work-Out is a simple, straightforward concept for cutting out bureaucracy and solving organizational problems - fast. Large groups of employees and managers - from different levels and functions of the organization - come together to address issues that they identify or that senior management has raised as concerns. In small teams, people challenge prevailing assumptions about "the way we've always done things" and come up with recommendations for dramatic improvements in organizational processes. The Work-Out teams present their recommendations to a senior manager in a "town meeting", where the manager engages the entire group in a dialogue about the recommendations and then makes yes-or-no decisions on the spot. Recommendations for changing the organization are assigned to "owners" who have volunteered to carry them out and follow through to get results. That's Work-Out in a nutshell.

Work-Out can be applied to almost any type of problem. It was first used at GE to harvest the low-hanging fruit of OVERGROWN BUREAUCRACY by getting unnecessary and unproductive work out of the organizational system - e.g. reduce meetings, reports, and approval levels. They asked what procedures didn't make sense? Where were they wasting time? What activities seemed to add little value? Some of the bureaucratic procedures were expense reimbursements, making travel arrangements, obtaining office supplies, updating personnel data, taking education courses, upgrading software, and more. But also in the core functions, bureaucracy was found: filling out forms for deals, preparing presentations for approval meetings, keeping track of customer data, obtaining approval for materials purchasing, overwhelming amounts of extra analysis to justify various investments or initiatives. Some of the results were e.g. that expense accounts did not need multiple approvals, people could purchase approved software without going through the IT department, and a pre-deal process was established to see if deals were worth pursuing before going through all the analytics.

Work-Out has been successfully adapted to any type of organization - public or private, commercial or non-profit, large or small. In all of these organizations, no matter what the issue, the process remains much the same.

1. Bring together the people from the organization who know the issues best
2. Challenge them to develop creative solutions
3. Decide on the solutions immediately in a public forum
4. Empower people to carry them out

Despite its massive impact on GE and other firms, Work-Out is not a snake oil or magic elixir. It is a simple set of concepts, tools, and experiences. When stripped to its essence, Work-Out allows people to get some obstacles out of the way so they can do their work better. In many firms, that alone would be a significant gain.

The real merit of this book is the practical approach. If you are - as I am - struggling with the challenges of continually keeping our organizations lean, then this book can help you. It contains many inspiring worksheets, action plans, tools, and hands-on case studies.

The authors of this book helped GE create Work-Out. So don't expect theoretical contributions. Only sound advice.

Co-author Dave Ulrich is one of my favourite HR experts. I can recommend many of his books, e.g. `Results-Based Leadership' and `Delivering Results'. To him, HR is about delivering business performance and organizational capabilities. Cause if you don't, you'll soon be out of business. The tricky part is balancing the soft and hard part of HR. Dave Ulrich has many good concepts to make that happen. This book is not a bad place to start, if you'd like to pick his brains...

Peter Leerskov,
M.Sc. in International Business (Marketing & Management) and Graduate Diploma in E-business

4 of 4 people found the following review helpful.
Great. Lots of first-hand tips to turnaround a large company
By Amir Aharon
Unlike other books on Six Sigma that focus on variation reduction, statistics and other tools, this book is full of practical examples of techniques and implementation tips. The focal point of the book is on the process of generating the turnaround in a large conglomerate such as GE. In this case the aspects of organizational behavior constitute THE critical success factor (rather than statistical/other tools). Workout has undoubtedly been fundamental for generating the cultural transformation in GE. This book is addressing these organizational behavior aspects in a pragmatic manner presenting a detailed road-map from planning all the way through implementation.
Most examples deal with administration/bureaucracy and I would have expected to read more on operational aspects such as value chain improvement in a Production/Logistics environment.
This book is a must for top managers that search for a generic methodology to translate their vision into reality.

See all 13 customer reviews...

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Rabu, 16 April 2014

~~ PDF Download PBX Systems for IP Telephony, by Allan Sulkin

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PBX Systems for IP Telephony, by Allan Sulkin

This work explains telephone switching systems and how the technology is evolving to accommodate voice-over-IP traffic. Unlike data networks, telephone networks are proprietary. They're purchased as complete systems and are hard if not impossible to modify. Allan Sulkin explains how to acquire, deploy and maintain a system with all the features needed to support essential new applications, and how to get optimal performance from the system you have.

  • Sales Rank: #1375190 in Books
  • Published on: 2002-05-15
  • Released on: 2002-04-24
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.20" h x 1.35" w x 7.30" l, 2.13 pounds
  • Binding: Paperback
  • 487 pages

From the Back Cover
Calling all--
* telecom managers
* datacom managers with voice responsibilities
* Call Center managers
* VoIP implementers
* network integrators
* product and service developers
* industry analysts

"Clear and precise analysis and discussion of PBX system design and capabilities. Allan Sulkin has a unique ability to explain complex systems in easily understandable terms." -- Joe Licata, President, Siemens Enterprise Networks

"A welcome addition to the bookshelf for anyone interested in the evolving IP-PBX system. Voice and data communications managers alike will greatly benefit from this text." -- Michael Thurk, Avaya, Group Vice President - Systems

"Allan Sulkin's solid expertise and critical insight has been a valuable resource for the telecommunications community for over 20 years. He is uniquely qualified to articulate the very complex subject of PBX and IP telephony." -- Kanji Suzuki, former EVP of NEC America and current president and CEO of NEC Infrontia, Inc.

The most efficient (and economical) ways to bring enterprise communication systems into the Digital Age are in this guide, written by the foremost analyst in the markret space. In PBX Systems for IP Telephony, Allan Sulkin--consultant and advisor to Avaya, Siemens, Cisco, NEC, Alcatel and other world-class companies--evaluates technologies, markets, and best practices for enterprise voice systems, messaging, and customer contact centers.

The heart and brains of your communications network, the PBX (Private Branch Exchange) can be the vital link--or the missing link--that interfaces businesses and their customers. This guide, from the recognized expert in telephony systems, provides answers. Whether you need to IP-enable a PBX system for a small business, make complex choices for the advanced call center, or gain the expertise to integrate a variety of communication systems into a state-of-the-art foundation for your e-business vision, PBX Systems for IP Telephony should be your first choice. Here's why:


* No one knows PBX systems and markets better than the author, and no one is better at explaining them
* This comprehensive resource supplies nuts-and-bolts information on costs, performance, risks, and other real-world considerations difficult to research
* You get insights into the potential strengths and weaknesses of next-generation PBX systems
* You'll consult the consultant to the system designers for practical advice on systems that fit your needs and your future
* There's no more business-aware or user-friendly guide anywhere to converging your voice systems with your IP-based data systems

When it comes to the PBX, the question often seems to be "Who's job is it anyway?" With this guidebook, you'll be ready to take the responsibility--and get the credit.

About the Author
Allan Sulkin is the founder of the TEQConsult Group, which advises enterprise communications providers on product development for customer premises . He is widely acknowledged as the foremost expert in PBX (private branch exchange) and ACD (automatic call distribution) communications systems today. His clients include Cisco, Lucent, Siemens, and Nortel. Sulkin is also a columnist and seminar leader for Business Communications Review. His company has its offices in Hackensack, New Jersey.

Most helpful customer reviews

5 of 5 people found the following review helpful.
Thorough, not complete.
By Dave
After only 29 pages I found myself constantly asking "what is that, and when did the author define it?". Additionally, there are enough oddly worded sentences that I am unable to follow what is being said. Perhaps I am not the intended audience for the book, but since Sulkin did not include a forward, I can't tell. I am trying to use this as an initial guide to PBX, and find it lacking enought that I am now looking for another book.

1 of 1 people found the following review helpful.
Good overview of the world of voice communications
By Marcus V F Oliveira
This book is a bit outdated since it is from the last decade but it met most of my objectives since I wanted to learn more about the fundamentals of voice communications including: PSTN, ISDN, PBXs, etc.

This is not a introductory book for novices.

I felt that this book was not proofread enough, i.e. the editors were not thorough enough as I did find quite a few errors: duplicate sentences, typos, o instead of 0, etc.

0 of 0 people found the following review helpful.
Five Stars
By Genx10
Excellent

See all 4 customer reviews...

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Senin, 14 April 2014

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  • Sales Rank: #2502550 in Books
  • Published on: 2002-06-14
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.00" h x 1.32" w x 7.20" l,
  • Binding: Paperback
  • 512 pages

From the Back Cover

"The clearest, simplest description of how and why boats work anyone has ever written."--Dean Travis Clarke, Sport Fishing Magazine

The all-in-one guide that gives you the know-how of a boat designer and the market savvy of a broker

The first part of Sorensen's Guide to Powerboats discusses the theory, engineering, and practice underlying good powerboat design, including hull form, seaworthiness, construction methods and materials, propulsion and steering systems, topside safety, helm station ergonomics, and accommodations. In the second part, Sorensen applies theory to reality, and provides reviews of representative fresh- and saltwater boats, giving you the tools you need to assess design, construction, performance, comfort, and safety. Sorensen's Guide to Powerboats will help you become an expert judge of a boat.

"A solid, thorough look at powerboats. Eric Sorensen provides practical, real-world examples to illustrate the theories behind hull design and propulsion. Valuable to anyone in the market for a powerboat, new or used."--Bill Sisson, editor, Soundings magazine

"An excellent resource for the powerboat owner. Sorensen helps you understand how powerboats tick, from the 17-foot runabout to the 75-foot motor yacht."--Christopher Landry, editor, Powerboat Reports

"An exhaustive and informative look at powerboat design."--Winn Willard, president, Hunt Yachts Inc.

About the Author

Eric Sorensen has been on the water since the 1960s in all manner of commercial, pleasure, coast guard, and navy vessels. Eric is the founder of Sorensen Associates, a Cape Cod - based consulting firm specializing in analyzing pleasure boat and yacht design, construction, performance, and safety. His boat reviews and articles have appeared in many major consumer and trade boating publications, including Boating, Power and Motoryacht, Professional BoatBuilder, WoodenBoat, Yachting, and Yachts International. He also offers boat reviews and related services on his Web site, www.boatrite.com.

Most helpful customer reviews

9 of 9 people found the following review helpful.
great information
By Captain Mike
I bought this book to help me make decisions on future boat purchases and it did the job!

The basic benefit I've received by reading this book is that I can know what to expect out of any boat I will purchase. In addition, there's information about how to load the boat properly for it to perform well in rough conditions, explaintion of bulkheads design, deck design, dewatering systems, fire extinguishing systems, helm layout, etc.

When I think about boats I've owned in the past, they performed exactly as Eric Sorensen stated they would. The book exceeded my expectations and I am now more confidence in every aspect of boating.

0 of 0 people found the following review helpful.
Good Book for the novice that wants to learn about boats...
By Paul B
Good Book for the novice that wants to learn about boats... lots of information and some pictures. More a buyers guide than anything.

0 of 0 people found the following review helpful.
a lot of information
By S. Stradtman
I like how the mechanics are described in axactly how the sea can utterly destroy a vessel. Forwarde IS fore-armed.

See all 3 customer reviews...

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Minggu, 13 April 2014

~ Download Financial Analyst's Indispensable Pocket Guide, by Ram Ramesh

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Financial Analyst's Indispensable Pocket Guide, by Ram Ramesh

Financial Analyst’s Indispensable Pocketguide is the first reference to give the more than 20,000 candidates who take AIMR-administered CFA exams annually―and the 60,000-plus CFAs and finance professionals who currently practice investment management―a single broad-based resource for specific terminology and information. Much more than just a dictionary, this dynamic book explains and expands upon the fundamental concepts that comprise a financial analyst’s lexicon.Within each section, Ramesh arranges fundamental terms alphabetically, then provides CFA-related tips and profiles of industry leaders. Key topics include:
*Timeless tips for CFA candidates and practitioners
*Graphics and mnemonics to help with important concepts
*Derivatives, equity valuation, and portfolio management

  • Sales Rank: #708022 in Books
  • Published on: 2000-11-07
  • Released on: 2000-11-07
  • Original language: English
  • Number of items: 1
  • Dimensions: 7.90" h x .65" w x 4.90" l, .50 pounds
  • Binding: Paperback
  • 240 pages

From the Back Cover

The Ideal Study Guide for AIMR's Three-Level CFA Exam

Today's Only One-Stop Resource for Important Financial Concepts, Terms, and Definitions

Each minute of every day, financial analysts and investment managers must know the unambiguous meanings for hundreds of terms from Absolute Advantage to Z-Score, plus understand the numerous models and formulas necessary to accurately and effectively apply those terms. Financial Analyst's Indispensable Pocket Guide is the first fingertip reference­­expressly written for finance professionals­­that organizes, defines, and gives background and theory for more than 500 of these essential words and concepts.

Practical and versatile, this pocket-sized book covers fundamental and advanced topics including:

  • Equity premium puzzle
  • Asset segregation
  • Cash and carry arbitrage
  • Delta neutral hedging
  • Option payoff diagrams
  • Forecasting methods
  • Impact of budget deficits
  • Equity valuation
  • Capital Asset Pricing Model
  • AIMR Performance Presentation Standards
  • Ratio analysis
  • Company valuation
  • Duration and convexity
  • Yield curve strategies
  • Regression analysis
  • Time valuation
  • Tactical asset allocation
  • Option based portfolio insurance
  • Real estate valuation
  • REITS and CREFS

More than just a dictionary, Financial Analyst's Indispensable Pocket Guide is a one-volume encyclopedia of the information finance professionals use every day. Keep it on your bookshelf­­or in your briefcase­­for fast, reliable, and in-depth explanations of today's most common financial terms, concepts, and formulas.

About the Author

Ram Ramesh, MBA, CFA, is portfolio manager for Jamaica Money Market Brokers. Previously with Citicorp and PriceWaterhouseCoopers, Ramesh is a visiting faculty member at management institutes in both Jamaica and India and serves as a member of AIMR's candidate curriculum committee. He is a frequent contributor to The Financial Gleaner­­Jamaica's largest and oldest daily newspaper­­and appears regularly as a financial commentator on both television and radio.

Most helpful customer reviews

20 of 21 people found the following review helpful.
A great book for those studying or who've completed the CFA
By Ng Chon Hsing
This is the only book of its kind, so far. The author compiled this pocket guide after completing his CFA program and realising that the vast concepts, terms and designations learnt were soon being forgotten.
That being the case, candidates of, as well as those who have completed, the CFA program would find this book a useful one-stop guide to all those concepts, terms and designations learnt in the pursuit of the CFA designation.
The book is arranged broadly around the various topics of the CFA program i.e. Quantitative Methods, Economics, Financial Statements Analysis, Equities, Fixed Income, Derivatives, Real Estate, Portfolio Management, Ethics, Behavioural Finance. As such, the CFA candidate would find this book more useful than say, a general finance/business masters student.
But I reckon that this book, though published as recent as this year, is already in need of an update. The CFA syllabus is constantly evolving. As a result, a number of concepts in say, Level 1 of the CFA Program, are not found in this book. Also, a number of the textbooks used in the CFA program which the author had based his book on, have either been superseded by newer editions or replaced all together.
All in all, I found this to be a useful book and a unique concept. Until a better book comes along, I will be using this book religiously to prepare for the CFA exams as well as to refresh my memory.

22 of 24 people found the following review helpful.
Useful overview, but not perfect
By Tom Robbins-milne
I'm not a CFA candidate, but I've been an investor for years and always appreciate learning more about the field. My father was president of the CFA for a couple of years, and after 15 years working on Wall Street I have a reasonably broad understanding of some finance.
What impressed me most about the book was how short and terse the definitions were. Clearly they are useful and present good insight into what's important and why.
What impressed me least was the lack of mathematical rigour (perhaps one can't have both brievity and exactness?). For example, many of the formulas only work for specific instances, and details about yield/rate conventions are omitted.
Overall, it struck me as useful overview and quick reminder to financial analysis and the language/terms used. It's not really indispensable, and is not authoritative. But for a quick refresher, or ballpark estimates it's fine.

10 of 10 people found the following review helpful.
Good starting point
By A Customer
As a CFA candidate, I find this to be a useful summary of the key concepts that we are taught during the course of the programme. However, regard it as more of a "Cliff's Notes" of the programme -- with all its inevitable shortcomings -- but a handy little reference piece nonetheless. After completion of the programme and years down the road, I am sure that I will find it quite useful in helping to jog my memory and the sleepless nights that the CFA programme gave me! -- I hope, however, that a revised version will be introduced and perhaps with a less odd title. It is not a book for everyone, but anyone who wishes that s/he had made notes whilst studying for the CFA programme will find this book useful.

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Sabtu, 12 April 2014

>> Ebook Free The Power of Strategic Thinking: Lock In Markets, Lock Out Competitors, by Michel Robert

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The Power of Strategic Thinking: Lock In Markets, Lock Out Competitors, by Michel Robert

Here's a startling concept for anyone who knows anything about business:
"For successful companies, competition is irrelevant." Flying in the face of the conventional wisdom of most senior management today, the internationally noted business consultant Michel Robert explains why gigantically successful businesses ignore their competitors...and reap huge profits! How does it work? A number of CEOs who have used Robert's unique strategic thinking process--and are now true believers--recall in these pages how he enabled them to choose the right strategy for success in today's changing business environment.

Unlike most other consultants, Robert and his staff go to corporate "war rooms"--not the business school library--to develop and hone the strategic thinking process. In more than 400 frank, intensive working sessions with CEOs and their management teams, Robert has tested and validated his methods.

THE POWER OF STRATEGIC THINKING sums up his original and effective strategy of making anyone's competitors irrelevant: Obsession with your competitors leads to "imitation strategy," the common and disastrous mistake of letting the other side set the rules. Result: The house always wins! Imitators lose. The answer: Learn from major companies like Intel, Wal-Mart, Microsoft, and Goldman Sachs--corporate success stories that Robert explains in fascinating detail--how to develop your own "distinctive strategy" and race ahead of the competition.

Learn from the mistakes of copycat companies like Chrysler, Officemax, and all three original TV networks: Robert shows you how imitation strategies will put companies in virtually any field on a suicidal path. From military history, as Robert points out, comes the idea of "ultimate strategy," a proactive, offensive strategy that continually keeps the competition off-balance even as they become more and more irrelevant. Ultimate strategy is achieved when a company controls and/or influences the terms of play for an industry.

Learn from THE POWER OF STRATEGIC THINKING how to set the rules for your own sandbox...or how to find another sandbox where you can! In THE POWER OF STRATEGIC THINKING you can learn how to become a winning company by formulating and implementing a proactive, offensive strategy that will have your own company signature. You will also find out how to widen your competitive advantages. Best of all, your ultimate strategy for success will develop from the power of your own strategic thinking!

  • Sales Rank: #2046002 in Books
  • Published on: 1999-11-01
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.20" h x .81" w x 6.20" l,
  • Binding: Hardcover
  • 206 pages

From the Back Cover
How winning companies make their competitors irrelevant by changing the rules of the game. As the CEOs of leading companies explain in this singular book of proved corporate strategy-making, Michel Robert's Strategic Thinking turned their companies around. And, to their surprise, they learned to ignore the competition while they were developing their own success-making distinctive strategy.

What is the secret of this unusual approach? Unlike too many consultants who drain millions from today's companies with little or no positive effect, Robert and his staff meet directly with management and learn about a client's business from the inside out. Only then do they bring such concepts as "distinctive strategy" and "ultimate strategy" to bear on the problems and opportunities. The final process is a working collaboration that uses the powerful management tool of Strategic Thinking as a way of focusing on the specific capabilities and ambitions of a company.

Like Robert's many satisfied clients, you too can learn how to develop a distinctive strategy that will distinguish your company in the marketplace -- without making the fatal mistake of trying to imitate the competition. You will see how strategic thinking is the essence of competitive advantage. Robert shows how his breakthrough concept sheds new light on the dramatic success of such innovators as Michael Dell, Ted Turner, Sam Walton, Charles Schwab, and Craig McCaw. The Power of Strategic Thinking is your guide to using Robert's strategic thinking process in your own way to bring out your company's unique potential and recognize its signature driving force. You'll never again be satisfied with conventional business strategies

About the Author
Michel Robert is founder and president of Decision Processes International, Inc., an internationally known consulting firm with 40 partners in 15 countries. His clients include such major companies as Caterpillar, 3M, and GATX. A noted speaker, he has written articles in numerous business magazines and journals, including Forbes, Barron's, Harvard Business Review, Fortune, The Wall Street Journal, Time and Business Week. He is the author of Strategy Pure & Simple, Product Innovation Strategy Pure & Simple, and Strategy Pure & Simple II. Robert lives in Westport, CT.

Most helpful customer reviews

11 of 11 people found the following review helpful.
Easy to understand strategy
By A Customer
This is an easy to understand book about strategic thinking. Robert doesn't use complicated terminology or hard to understand concepts. His method for formulating and implementing strategy is straightforward and consise. Anyone wishing to improve their company's strategy should read this book.
Although by itself the book was good and I recommend it, I was disappointed that Robert didn't provide much new information over his previous book Strategy Pure and Simple II. In fact, Robert used many of the same case studies (already three years old in some cases) and the chapters were very similar to his previous book. I also got the sense that the complete methodology he proposes was missing, and his real intention was to have readers call his company for the missing links. For instance, one case study mentions their use of a decision analysis, and potential problem analysis taught by Robert. These seem to be valuable tools that anyone using his method would want to know. He also suggests taking a survey to test your strategic IQ but recommends you send the results to his company for an objective assessment. Great way to generate new business, but he could have been more complete.
I still think it's a good book because it gets you going in the right direction, and helps you organize your thoughts using a proven process. Unfortunately, you will only truly benefit from his process by hiring his firm.

9 of 10 people found the following review helpful.
Setting the rules for your own sand-box....
By Julia A. J
How do you develop distinctive strategies that will distinguish your company in the market-place? Over the last 25 years, Robert developed his process of strategic thinking through working with CEOs of major and emerging corporations in various industries. His approach comes from working alongside and observing top executives of major organizations in an attempt to identify the concepts of management that they practice, in his case, by osmosis. In this book, he provides invaluable insight of his experiences with CEOs of Companies who have used their process of strategic thinking, and unlike other approaches, why their process has stood the test of time. There are clear explainations of the concept, examples and case studies from a wide range of industry sectors and organizations that readers can relate to. These are used to contextualize and demonstrate the applications of the concept discussed. Overall,Robert presents everything in a clear, compact and accesible manner. You will never look at your competitors the same way again!

14 of 14 people found the following review helpful.
Good ideas but too much hype
By A Customer
Michel Robert does a very good job of structuring and focusing the process of strategy development. At the very root is simplicity, focus and integrity. The most valuable concepts of the book are: (1) the driving force - what makes your business move forward and what with an `invisible hand' structures your organization, (2) business concept and (3) zones of excellence. All these concepts are clearly and well explained. They are also thought provoking, insightful and energizing.
But going further through the book becomes more and more exasperating. There too much annoying hype almost on every page and especially in business cases. Often they sound all alike. "We had problems and didn't know what to do. Then we called Robert and guys from DPI opened our eyes. And we started to use DPI Strategic Process ™ and DPI Decision Making ™ and DPI Keep It Simple Stupid ™ and made a lot of money. And we also lost 20 pounds in three weeks. Just call 1-800-Robert..." The author definitely has all rights to promote his company any way he likes but if he believes that his books are read not only by neurotic losers then he should cool down a bit. There is definitely a conflict between content and realization.
Probably as a result of all that hype the book is often repetitive. I believe it is based on a standard promotion presentation. This belief is supported by many silly pictures definitely copied and pasted from PowerPoint. The book is also structured as a presentation: "Tell them what we want to tell. Tell them. Tell them what you told them." All the promotion presentation tricks are also there, namely: (1) Leave many important things behind, just mention them, (2) Give them an impression that without you they wouldn't really make it, (3) Position yourself as a unique consultant - don't forget to mention that other consultants (incl. BSG, McKinsey, etc.) are not good.
To put it short, "The Power of Strategic Thinking" is a book based on DPI promotion presentation. Some really good ideas about business strategy are thickly dressed with hype.

See all 5 customer reviews...

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Kamis, 10 April 2014

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Trading on Volume: The Key to Identifying and Profiting from Stock Price Reversals, by Donald L. Cassidy

Techniques to use trading volume as an indicator of market direction

Trading on Volume is the first serious analysis of how to employ this accurate tool in today's fast-action trading environment. Specifically, it details how traders can pinpoint the rise, climax, and fall of the activity of market participants, and dramatically increase their opportunities to buy near stock or market bottoms and sell near tops.

Trading on Volume describes the basics of volume, discusses the value of behavioral science in understanding volume, and then provides actual, market-tested techniques and strategies. Longtime market analyst Don Cassidy presents specific techniques to use volume to trade more efficiently, including:

  • Volume crescendos, volume spikes, and crowd formation and dispersion
  • How volume reveals market trends and trader psychology
  • Practical applications using stocks and exchange-traded index funds

  • Sales Rank: #1911992 in Books
  • Published on: 2001-11-15
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.10" h x 1.06" w x 6.30" l,
  • Binding: Hardcover
  • 302 pages

From the Back Cover

ALL ABOUT VOLUME­­Today's Most Valuable, but Often Overlooked, Indicator of Market Direction

In today's tumultuous markets, driven more by emotion than fact, trading volume tells an important story of crowd psychology, fear, and greed­­and their impact on prices. While other traders search elsewhere for answers, and while most academics believe prices move randomly, those who truly understand what volume says about future price movement find they have a reliable weapon in their trading arsenal.

Trading on Volume uses historical facts and data to confirm the power of volume in forecasting price action, then explains how to seamlessly incorporate volume analysis into your day-to-day trading program. Exhaustively researched and substantiated, it provides hands-on information for understanding and using:

  • Volume spikes and crescendos, and the price movements they consistently precede
  • The psychology of trading volume; in essence, why crowds act the way they do
  • How mutual fund money flows can reflect market opinions on specific industry groups

Trading volume causes stock prices to rise and fall; it's as simple and complicated as that. Find out the secrets volume has to tell you, and the strategies you can use to make volume a vital and profitable component of your trading program, in the insightful and practical Trading on Volume.

"Volume is the cause; price, the effect...."

Technical researchers and traders tend to focus almost exclusively on price action. Fundamental traders, on the other hand, rely on company and stock valuation. Yet it is trading volume that is as important, if not more important, in understanding and forecasting price movements­­even though it is consistently ignored by all but a few knowledgeable individuals.

Trading on Volume explains how changes in volume can actually disclose the amount and type of interest in a stock and help you determine where the price is going next. More than just a superficial treatment, it is a comprehensive study and analysis of behavioral finance as it relates to trading volume, conventional views on volume from TRIN and tick to Up/Down Volume/Price combinations, and innovative techniques for understanding volume and using it to your advantage in virtually any market environment.

Volume data holds a rich body of practical information. Let Trading on Volume show you how to uncover and use that information to achieve better buy and sell prices, as you exercise greater control over the inherent risks involved in trading. Topics covered include:

  • Indicators for understanding if lower volume is bullish or bearish, and why
  • How to use intraday trading statistics to compute where pressure is coming from, and when and how sharply it might be changing
  • Techniques to dissect the aftermath of a volume-spike day and gauge the behavior of late-coming participants
  • Ways to judge when a downside spike might accurately reflect long-term reality­­or instead represents a long-term buying opportunity

Beyond the many difficult-to-measure factors in today's fast-moving markets, it is simple supply and demand that drive stock prices. Trading on Volume shows you how to use that one unarguable fact to your advantage. Regardless of your overall technique or strategy, it will supply you with the knowledge you need to pinpoint the rise, climax, and fall of the activity of market participants, then use that knowledge to buy near market bottoms and sell near tops with unprecedented consistency and accuracy.

About the Author

Donald Cassidy is senior research analyst and manager of money flows analysis for mutual fund tracking firm Lipper, Inc., where he tracks the movement of funds as driven by investor reaction to market performance. A popular speaker, Cassidy has been quoted in The Wall Street Journal, The New York Times, Barron's, Forbes, and other leading national publications. He has written a number of books for individual investors, including When the Dow Breaks and It's When You Sell that Counts!, and is a regular contributor to AAII Journal.

Most helpful customer reviews

18 of 18 people found the following review helpful.
Just the book for a thoughtful individual investor
By A Customer
I am an individual investor, and am doing my damnest to educate myself and find my personal profitable trading niche. My first step towards success was when I learned to recognize the CNBC and Wall Street bulls--t for what it is. I've been studying every available investment book, in search of comprehension.
I rate this one very highly (even if the style is on occasion a bit turgid) because it provides a solid educational foundation into the workings of the market, and a solid grounding in understanding how to be a profitable contrarian by better identifying symptoms of crowd excess (hence, intermediate term tops and bottoms).

12 of 20 people found the following review helpful.
A Book for Market Novices
By A Customer
In my opinion, this book has virtually nothing new to add to the concept of using volume in trading. A novice in the market might find this to be a useful summary, but I was very disappointed with a rehash presented here. William O'Neil's books have most of this information. This is the first book I have ever returned to Amazon for a refund.

12 of 19 people found the following review helpful.
no new concepts or trading rules to learn
By bok
i read the 2 reviews beforme mine and agree with both of them. if you're new and searching for some foundation, this is an ok book to learn a bit about the effects of volume. however, if you're familiar with the basics of trading and the various techniques of technical analysis. this book is not much of a use.
it describes 2 volume based indicators but doesnt tell you how it should be used; it describes various high volume situations but doesnt really tell you what to do (in honesty, no one can!).
if you're not new to trading but looking for some fresh idea, this isnt the book.

See all 9 customer reviews...

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Minggu, 06 April 2014

** Free PDF High-Intensity Training the Mike Mentzer Way, by Mike Mentzer, John Little

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High-Intensity Training the Mike Mentzer Way, by Mike Mentzer, John Little

A PAPERBACK ORIGINAL

High-intensity bodybuilding advice from the first man to win a perfect score in the Mr. Universe competition

This one-of-a-kind book profiles the high-intensity training (HIT) techniques pioneered by the late Mike Mentzer, the legendary bodybuilder, leading trainer, and renowned bodybuilding consultant. His highly effective, proven approach enables bodybuilders to get results--and win competitions--by doing shorter, less frequent workouts each week. Extremely time-efficient, HIT sessions require roughly 40 minutes per week of training--as compared with the lengthy workout sessions many bodybuilders would expect to put in daily.

In addition to sharing Mentzer's workout and training techniques, featured here is fascinating biographical information and striking photos of the world-class bodybuilder--taken by noted professional bodybuilding photographers--that will inspire and instruct serious bodybuilders and weight lifters everywhere.

  • Sales Rank: #77090 in Books
  • Brand: Mentzer, Mike/ Little, John R.
  • Published on: 2003-01-03
  • Original language: English
  • Number of items: 1
  • Dimensions: 10.80" h x .50" w x 8.60" l, 1.26 pounds
  • Binding: Paperback
  • 288 pages

From the Back Cover

The advanced techniques, most productive workouts, and life-transforming personal philosophies of bodybuilding legend Mike Mentzer

Whatever your level of fitness, you can kick your muscles--and your mind--into high gear with the radical training philosophies and advanced bodybuilding techniques of Mike Mentzer, the first bodybuilder to ever garner a perfect score in the Mr. Universe competition.

The thinking man's bodybuilder, Mike revolutionized the art of training with his Heavy DutyTM system, proving that "less is more" when it comes to making great gains. But Mike's most advanced ideas have never been revealed--until now. Direct from Mentzer's inner circle--friend and colleague John Little along with Joanne Sharkey, the CEO of Mentzer-Sharkey Enterprises, Inc.--The Wisdom of Mike Mentzer gives you an insider's look at his most intense, in-depth lessons.

Inside these pages you will learn all the fundamentals of:

  • HUNGER--the code of integrity for displaying a heroic physique
  • Philosophy and character building--why you need never again fear your competition
  • The science of productive bodybuilding exercise--Mentzer's fail-safe principles for building maximum size and strength
  • Consolidation Training--a lightning-quick workout that works "like magic" for producing phenomenal muscle growth
  • •Advanced Heavy DutyTM techniques, such as Omni-Contraction Training, Infitonic Training, and Rest-Pause Training

The Wisdom of Mike Mentzer provides readers with a unique insight into the world of Mike Mentzer--the man, the philosopher, and the legend.

About the Author

John Little, longtime friend of Mike Mentzer, is the author of more than twenty-five books on bodybuilding, martial arts, history, and philosophy. His books have sold in excess of 600,000 copies and are now published in several languages.

Joanne Sharkey was Mike's closest friend and business manager. As the CEO of Mentzer-Sharkey Enterprises, Inc., she continues at the helm of the Mentzer legacy and operates Mentzer's official website at www.mikementzer.com

Most helpful customer reviews

84 of 89 people found the following review helpful.
Fantastic guide for the non-genetically gifted
By Rolf Dinsmore
In 2002 I bought Arnold's bodybuilding book and within a few months I stopped gaining strength, and started experiencing back pain. My doctor had me take an MRI, and after multiple visits to chiropractor I stopped power lifting (clean and press most likely culprit for back problems).
I then read everything I could get my hands on about how muscles worked and grew in size. Everything pointed to intensity of training as the key. I read "Maximize Your Training" edited by Matt Brzycki cover to cover (extensive references to why HIT works). I poured over research references almost every evening for 2 months (I'm a chemical researcher, so I know how to access references)
Everything kept leading back to Mike Mentzer, not necessarily as the originator of HIT, but as the person most-respected and least `connected.' Like me, he looked at the research and modified his approach as he learned. He trained others and kept careful notes as to the response of his clients.
High-Intensity Training is both a testament to Mike's personality, and a testament to the absolute scientific facts behind the training methods. I have been able to find multiple independent references to all of the principles presented in the book, and, just between you, me, and everyone else, IT WORKS!
My girlfriend stopped working out with me because, "She was starting to look muscular." Yes, `Girls Guide' it works with women too.
I understand why Mike included all the `extraneous' chapters covering philosophy and his seven principles. I get funny looks at the club when I work out, and have had several people attempt to "help me." To explain why I do what I do, I need to draw on his `Identity' and `Intensity' principles. I have lost weight every week, and gained strength every workout since reading Mike and John's book.
The book has a few shortcomings, which are easily addressed.
1- No references to scientific studies. Answer- Buy "Maximize Your Training" edited by Matt Brzycki. Go to [website] or other websites
2- Not enough explanation for exercises. Answer- Buy "The Insider's Tell-All Handbook On Weight-Training Technique" by Stuart McRobert
3- Not enough variety for a life-long pursuit. Answer- Do your own research continually as HIT is still in its infancy. This booker is a primer and autobiography, meant to inspire as much as inform.

85 of 92 people found the following review helpful.
The only valid theory of productive exercise
By Andrew Baye
I was first introduced to the concept of high intensity training by Mike's articles in Iron Man magazine in the early 90's. For the first time ever, I began to see consistent, noticable improvements on a workout to workout basis, initially gaining over 25 pounds of muscle over a period of only a few months. I eventually became certified as a personal trainer by the SuperSlow Exercise Guild, who also advocate a high intensity training (HIT) protocol similar to Mike's, the only major difference being the use of a slower rep cadence which provides for a lower risk of injuries. Having trained hundreds of clients using HIT since 1994, I can say with absolute confidence that it is by far the safest, most productive, and most time efficient way to train. Whatever is in second place is so far behind as to not even be in the running.
HIT is not, as some reviewers have erroneously stated, conducive to injuries, so long as the exercises are performed properly - that is, using strict form and a smooth, controlled speed of movement. Lift the weights slowly and under strict control, and reverse direction smoothly, rather than simply swinging, bouncing or throwing them up and then allowing them to drop the way most people do in the gym. It isn't the amount of weight that causes injuries, but the manner in which one attempts to lift it. HIT is perfectly safe if the exercises are performed properly. Mike addresses this issue in the book.
HIT does happen to be the "be all, end all" of exercise. There can only be one best, one most efficient, one most effective means of accomplishing a particular goal, and where exercise is concerned, this is it. The principles of productive exercise are the same for all of us, it is merely the specifics that must be adjusted for individual differences, which is accounted for in HIT theory, and in Mike's books. Even if another training method produced similar results, if it required you to spend a greater amount of time in the gym it could still not be considered equal, since the return on investment would be lower. For those who's social lives revolve around the gym or who are stuck in their ways, this may take some getting used to. Personally, I'd rather spend only as much time in the gym as necessary to get the best results. The purpose of exercise is to improve the quality of your life, and NOT to be the center of it.
Get in the gym, train hard, then get out and enjoy your life.
This is the most thorough of all of Mike's books. It covers all of the principles of his Heavy Duty high intensity training system in detail, and provides routines and explanations of the performance of various exercises. There is a section with information specifically written for the competitive bodybuilder on peaking, definition and posing. Mike also discusses his views on motivation in the gym, which I believe many will benefit from.

58 of 64 people found the following review helpful.
It must be tried to be believed
By A Customer
(As strictly a primer of bodybuilding science, 5 stars. As a book for the average gym-goer: 4 stars.) If I could give every bodybuilder one book, THIS would be it. There is so much confusion in the sport that Mentzer's message has been drowned out by myth, rumor, scepticism, and outright lies. His message is simple: it takes MUCH less time and complexity to reach your muscular potential than previously thought. Through Mentzer's careful logic and sound principles, not only does the reader get a workout that works, but also the principles of bodybuilding that can be used for the rest of a career. With these, one can constantly see how and why a program works and how it can be improved.
For HARDCORE bodybuilders who have hit plateaus: Don't waste another day; read this book. You will be on your way again in a few workouts. Especialy if you are NATURAL, it is likely you will improve with this program better than any other.
For WOMEN: unless you want serious muscles, don't buy this book.
For college STUDENTS (like me): get out of the crowded gym! Spend half an hour or less every 4 to 7 days and get better results. However, you may get suspicious looks from the regulars who believe you are not "devoted" enough. Look back with confidence, knowing that you have a true science and philosophy of transforming your body.
For those who DOUBT HIT's validity: try it. Time is money, so spend a little on this book and a lot less in the gym.
For those UNWILLING to give 100% effort when in the gym: Forget it. Keep up your volume method, and you will never have to face the intensty and dramatic results of this program.

See all 135 customer reviews...

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