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Title: The Art of Profitability by Adrian Slywotzky ISBN: 0-446-53150-2 Publisher: Warner Books Pub. Date: September, 2002 Format: Hardcover Volumes: 1 List Price(USD): $20.00 |
Average Customer Rating: 4.5 (8 reviews)
Rating: 5
Summary: SIMPLE POWERFUL CONCEPTS TAUGHT IN INNOVATIVE WAY
Comment: This book is focused on explaining 23 different models of profitability that different firms have followed. The author uses the realtionship between a wise mentor and an eager mentee to take the reader through the process of understanding the different models. The book is aimed at describing and giving the reader some insight into each model; it is not an in depth analysis of profitability. Given its aim, it is well written.
It is not a step by step process to apply at a business. This is a book to make a manager reflect, not follow. Each chapter is one story that describes a model; the style seems to follow the general outline of Harvard Business School cases, which, given the author's professorship there, is not so surprising.
I highly recommend it to someone looking for an entertaining read that will make one reflect. However, disregard the recommendation that you go through one chapter per week. It is too little, I think I would probably lose the book by the 3rd week. It is, instead, a book to be read in 3 days, and be referred back for ideas.
Rating: 4
Summary: Interesting little parables to get you thinking
Comment: I liked the structure of this book, and the approach of using parables - it makes it easy to read & absorb the principles. However, given my level of business experience, I wasn't a rookie setting out to learn everything from scratch.
I considered the instruction "read only one chapter per week" to be supercilious.
A typical chapter is only 10 pages or so (some are as short as 5, the longest is 14), but as there's 23 chapters I didn't want to spend 6 months reading this book. By reading 2 or 3 chapters per day, I could still absorb the message, and yet complete the book within 2 weeks.
Rating: 5
Summary: Practical & Mind provoking
Comment: This is one of the most interesting, practical and mind provoking business strategy books I've ever read. Executing business strategy is always more challenging than formulating one, the book can help readers to align business strategy formulation and execution together, by focusing on generating and sustaining profitability. Slywotzky's vivid storytelling style also makes the book a higly enjoyable reading.
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