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9780230550643

Enduring Success What Top Companies Do Differently

by ; ;
  • ISBN13:

    9780230550643

  • ISBN10:

    0230550649

  • Format: Paperback
  • Copyright: 2007-09-15
  • Publisher: Palgrave Macmillan
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Summary

Why are some companies able to achieve success, even under difficult circumstances, whereas others struggle and face problems? The results of this large-scale study of over 1,000 top companies and leaders, such as Nestlé, T-Mobile, Peter Brabeck-Lathmate, René Obermann and Markus Langes-Swarovski, are clear. Success doesn't depend on the market situation, but on the management of the company. The book looks at the success factors of high-performing companies, and how they perform in areas such as innovation, market orientation, core competencies, and leadership.

Author Biography

Kurt Matzler is in the Department of Marketing and International Management, University of Klagenfurt, Austria. Franz Bailom and Dieter Tschemernjak are Innovative Management Partners at IMP, Austria.

Table of Contents

Forewordp. ix
In search of the secrets of successp. 1
The customer-value competition is pushing many companies to the limit of their possibilitiesp. 7
Changing market dynamics - the profitability of many companies is increasingly at riskp. 8
Success of the optimizers in the customer-value competitionp. 11
The innovators' success in the customer-value competitionp. 13
Summary conclusions to phase 1p. 14
The IMP Model: The strategies of winnersp. 23
The IMP Modelp. 25
The result: Explaining 50 percent of corporate success is a lot, but at the same time not muchp. 26
Core findingsp. 27
What makes top performers differentp. 35
Top performers never settle for today's successp. 36
The most senior executives are themselves the innovation drivers in the companyp. 38
Top performers succeed in combining forward-looking market knowledge with sustained competence managementp. 42
Top performers show an impressive understanding of innovationp. 44
Top performers rely more on uniqueness than on market sharep. 47
Top performers put strong emphasis on culture developmentp. 50
Market orientation: Understanding markets, shaping the futurep. 55
Sourcing market knowledge: The new sources of innovationp. 55
From simple to complex markets: Understanding the rules of the gamep. 63
The new role of market researchp. 71
The sails determine the course, not the windp. 77
The market-based view versus the resource-based viewp. 77
The sources of core competencesp. 83
Managing core competencesp. 91
Corporate culture: The latent potentialp. 99
Values and identity as a basis for commitmentp. 102
The entrepreneurship culturep. 105
Innovation: Improving existing things, creating new thingsp. 113
Delighting customers with something newp. 114
Cost competition: Redesigning processesp. 120
Gearing processes toward the customerp. 125
Developing new business modelsp. 129
Top management: The architects of successp. 133
Leadership, innovation, and changep. 134
The ability to be luckyp. 139
What do top companies do differentlyp. 145
The insights of great leadersp. 151
Peter Brabeck-Letmathe, Chairman and CEO, Nestle SA, Vevey, Switzerlandp. 151
Markus Langes-Swarovski, member of the executive board, Swarovskip. 156
Prof. Dr Michael Popp and Dr Uwe Baumann, Bionorica AGp. 160
Stefan Pierer, CEO, KTM sportmotorcycle AGp. 165
Rene Obermann, CEO, Deutsche Telekomp. 170
Prof. Dr Michael Mirow, Former Head of Strategic Planning, Siemens AGp. 175
Peter Lorange, President of IMD Business School, Lausannep. 177
Hans-Joachim Reck, Partner, Heidrick & Struggles, Germanyp. 181
Notesp. 185
Bibliographyp. 193
Indexp. 203
Table of Contents provided by Ingram. All Rights Reserved.

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