Less Is More : How Great Companies Use Productivity As a Competitive Tool in Business

by Jennings, Jason

• ISBN13: 9781591840015
• ISBN10: 1591840015
• Format: Hardcover
• Copyright: 2002-11-11
• Publisher: Portfolio Hardcover

Summary

From the author of the bestselling It's Not the Big That Eat the Small, It's the Fast That Eat the Slow comes a vital new guide to increasing business productivity without adding employees or other overhead costs. Managers and CEOs are always looking for ways to keep productivity high, and recent economic shakiness has only reinforced their need. Now Jason Jennings, a bestselling author and international business consultant, offers a groundbreaking look at how to boost productivity and your bottom line. In Less Is More, Jennings shares tested and successful programs from the leading giants in industry and presents new trends that businesses of all sizes will be able to implement. Inside, you'll learn how to: bull; increase sales 300 percent without increasing head count bull; become 10 times more efficient bull; keep track of every penny bull; use technology and automation in your favour Written in the same breezy, informative style of Jennings's previous book, Less Is More is sure to join its predecessor on bestseller lists nationwide.

Author Biography

Jason Jennings owned his first radio station at age twenty-two, and later founded Jennings-McGlothlin & Co., which became the largest media consultancy in the world. Named one of the Twenty-Five Best Speakers in America by the Nationwide Speakers Bureau, he lectures more than seventy-five times per year. Jennings lives in Tiburon, California.

Table of Contents

Introduction
Focus
A Simple BIG Objective	p. 3
The Hard Work Begins	p. 21
Streamline
The First Tactic: The Truth	p. 39
Destroy the Bureaucracy and Make it Simple	p. 57
Get Rid of the Wrong Executives and Managers...Fast	p. 71
No Layoffs	p. 81
WTGBRFDT?	p. 97
The Real Financial Drivers	p. 115
Systematize Everything	p. 127
Continuous Improvement	p. 141
Compensation	p. 155
Digitize
The Plug-in Myth	p. 171
Motivate
Keeping Everyone on the Same Productivity Page	p. 189
Embody
A Lean Spirit	p. 211
Epilogue	p. 233
Acknowledgments	p. 237
Index	p. 241
Table of Contents provided by Blackwell. All Rights Reserved.

Excerpts

1A Simple BIG Objective In the absence of a simple BIG objective to act as a unifying force, no leader or manager can hope to make a company more productive. -Bill Zollars, CEO, Yellow FreightBefore committing even one word to paper, as I led my research team to begin the initial work of identifying a group of the world's most productive companies and figuring out how they do what they do, I'd have never guessed-not in a million years-what the theme would turn out to be for this opening chapter. After all, the book was intended as a collection of the tactics employed by these firms to be more efficient than other businesses, proving the proposition that Less Is More. I'd imagined getting right into things with machine gun staccato . . . bang, they do this, bang, bang, they do that, bang, bang, bang! Then a big discovery went boom and got in the way of my plans. Here it is: In productive companies, the culture is the strategy. As I crisscrossed the United States and traveled the world, hanging out with the customers, workers, managers and leaders of companies where less is more, a single indisputable fact kept confronting me: Unlike other companies, productive companies know the difference between tactics and strategy. That difference is the foundation that allows them to stay focused and build remarkable companies. They have institutionalized their strategy. There's a lot of bang, bang, bang stuff in the chapters to follow but, as a result of our exhaustive research, I'm convinced that a company will never become truly productive unless the management can learn to nail down the differences between strategy and tactics and allow the strategy to become the culture. Strategy du Jour If you keep your ears open on airplanes, at business meetings and in boardrooms, you'll hear the word "strategy" tossed around so frequently as to render it meaningless. It seems everyone has a strategy for this, a strategy for that, a strategy for everything from dealing with the kids to buying a new laptop to handling the boss . . . and yep, one for being more productive. And how many people do you know who have climbed the corporate ladder because management (or human resources) identified them as "strategic thinkers"? What's even more alarming is the frequency with which companies discard one "strategy" for another in the name of being flexible. Grasping at tactic after tactic, trying this and trying that and incorrectly labeling everything they attempt as a "strategy," most companies cloud the climate, confuse the troops and do the opposite of what it takes to be productive. Productive companies keep everything clear and simple-everything including strategy. As I came to the end of my in-depth interviews with the CEOs of the companies covered in this book, I was struck by the fact that each shared this in common; the ownership of and fierce loyalty to a very simple big objective. The big objective was the strategy and it became the culture; everything else was tactics on how to achieve it. All of these leaders vigorously prevent anyone from mucking up their drive for productivity with some strategy du jour or the latest alphabet-soup management theory. Imagine for a moment the power of everyone in your organization-whether a ten-employee restaurant or a thirty-thousand-worker transportation company-knowing and striving to achieve a simple big objective. While having everyone in a company share this simple BIG objective might seem to be simply common sense, as the age-old maxim goes, the most common thing about common sense . . . is how uncommon it is. So what are these strategies-these BIG objectives-that are held so firmly by the leaders of some of the most productive businesses in the world? NOPE! It's Not That Vision Thing Again People who have survived the mission and vision thing give a knowing gri