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Strategy Beyond the Hockey Stick
- People, Probabilities, and Big Moves to Beat the Odds
- Narrated by: David Marantz
- Length: 6 hrs and 14 mins
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Publisher's summary
Beat the odds with a bold strategy
We’ve all seen hockey stick business plans before. A future where results sail confidently upward, but with a dip coinciding with next year’s budget.
CEOs usually rely on their experience and business smarts to figure out which of those hockey sticks are real, and which are fake. But all too often getting to a “yes,” competing for resources, and striving to claim credit, cloud the hard decisions. Another strategy framework? No thanks, we already have plenty of those, and they don’t fix the real problem: the social dynamics in your strategy room.
Mining the data from thousands of large companies, McKinsey Partners Chris Bradley, Martin Hirt, and Sven Smit open the windows of that room, and bring an “outside view”. They found three discrete groups of companies: the bottom quintile with massive economic losses; the long, flat, middle 60 percent with practically no economic profit; and the top 20 percent to whom all the value accrues.
Some companies do achieve real hockey stick performance: but just 1-in-12 jump from the middle tier to the top over a 10-year period. This does not happen by magic - there is an empirically-backed science to improve your odds of success by capitalizing on your endowment, riding the right trends, and most importantly, making a few big moves.
To make these big moves happen, you’re going to have to break through inertia, gamesmanship, and risk aversion. You’re going to have to mitigate human biases and manage group dynamics. Eight practical shifts can help you do this, and unlock bigger, bolder, better strategies.
This is not another by-the-book approach to strategy. It’s not another trudge through frameworks or small-scale case studies promising a secret formula for success. It’s an irreverent, fact-driven, and humorous take on the real world of strategic decision making.
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Your Strategy Needs a Strategy
- How to Choose and Execute the Right Approach
- By: Martin Reeves, Knut Haanaes, Janmejaya Sinha
- Narrated by: Jeffrey Schmidt
- Length: 6 hrs and 52 mins
- Unabridged
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In this book, The Boston Consulting Group's Martin Reeves, Knut Haanæs, and Janmejaya Sinha offer a proven method to determine the strategy approach that is best for your company. They start by helping you assess your business environment—how unpredictable it is, how much power you have to change it, and how harsh it is—a critical component of getting strategy right.
By: Martin Reeves, and others
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The McKinsey Way
- By: Ethan M. Rasiel
- Narrated by: Michael Butler Murray
- Length: 4 hrs and 19 mins
- Unabridged
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When Fortune 100 corporations are stymied, it's the "McKinsey-ites" whom they call for help. Former McKinsey associate Ethan Rasiel lifts the veil to show you how the secretive McKinsey works its magic, and helps you emulate the firm's well-honed practices in problem solving, communication, and management. Both a behind-the-scenes look at one of the most admired and secretive companies in the business world and a toolkit of problem-solving techniques without peer, The McKinsey Way empowers every business decision maker to become a better strategic player in any organization.
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Solid book for standard corporate you should follow whatever business you are in
- By LeFish on 05-01-24
By: Ethan M. Rasiel
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The Art of Strategy
- A Game Theorist's Guide to Success in Business and Life
- By: Barry J. Nalebuff, Avinash K. Dixit
- Narrated by: Matthew Dudley
- Length: 17 hrs and 2 mins
- Unabridged
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Game theory means rigorous strategic thinking. It’s the art of anticipating your opponent’s next moves, knowing full well that your rival is trying to do the same thing to you. Though parts of game theory involve simple common sense, much is counterintuitive, and it can only be mastered by developing a new way of seeing the world. Using a diverse array of rich case studies - from pop culture, TV, movies, sports, politics, and history - the authors show how nearly every business and personal interaction has a game-theory component to it.
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Completely misleading title
- By Motorjaw on 01-28-15
By: Barry J. Nalebuff, and others
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Understanding Michael Porter
- The Essential Guide to Competition and Strategy
- By: Joan Magretta
- Narrated by: Erik Synnestvedt
- Length: 6 hrs and 4 mins
- Unabridged
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Michael Porter’s groundbreaking ideas on competition and strategy have unfolded over three decades and are spread across a dauntingly long list of publications. Every manager can name individual pieces of his work - competitive advantage, the value chain, five forces - but no one, not even Porter himself, has put the entire puzzle together to reveal it as an integrated whole. This lucid, concise audiobook does just that. This book provides an engaging summary of Porter’s ideas and an invaluable synthesis of this important body of work....
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Horrible and pompous narration
- By Amazon Customer on 08-28-13
By: Joan Magretta
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On Grand Strategy
- By: John Lewis Gaddis
- Narrated by: Mike Chamberlain
- Length: 11 hrs and 2 mins
- Unabridged
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For over 20 years, a select group of Yale undergraduates has been admitted into the year-long "Grand Strategy" seminar team-taught by John Lewis Gaddis and Paul Kennedy. Its purpose: to provide a grounding in strategic decision-making in the face of crisis to prepare future American leaders for important work. Now, John Lewis Gaddis has transposed the experience of that course into a wonderfully succinct, lucid and inspirational book, a view from the commanding heights of statesmanship across the landscape of world history from the ancient Greeks to Lincoln, and beyond.
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Interesting, but fails to offer real lessons.
- By Zack on 07-04-18
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Rewired
- The McKinsey Guide to Outcompeting in the Age of Digital and AI
- By: Eric Lamarre, Kate Smaje, Rodney Zemmel
- Narrated by: George Newbern
- Length: 7 hrs and 19 mins
- Unabridged
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Many companies are stuck with digital transformations that are not moving the needle. There are no quick fixes but there is a playbook. The answer is in rewiring your business so hundreds, thousands, of teams can harness technology to continuously create great customer experiences, lower unit costs, and generate value. It's the capabilities of the organization that win the race. McKinsey Digital's top leaders Eric Lamarre, Kate Smaje, and Rodney W. Zemmel provide proven how-to details on what it takes in six comprehensive sections.
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Buzzword Haven
- By Todd Christ on 05-05-24
By: Eric Lamarre, and others
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CEO Excellence
- The Six Mindsets That Distinguish the Best Leaders from the Rest
- By: Carolyn Dewar, Scott Keller, Vikram Malhotra
- Narrated by: Patricia Rodriguez
- Length: 11 hrs and 37 mins
- Unabridged
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Being a CEO at any of the world’s largest companies is among the most challenging roles in business. Billions, and even trillions, are at stake—and the fates of tens of thousands of employees often hang in the balance. Yet, even when “can’t miss” high-achievers win the top job, very few excel. For those who shoulder the burden of being the one on whom everyone counts, a manual for excellence is sorely needed. To identify the 21st century’s best CEOs, the authors of CEO Excellence started with a pool of over 2,400 public company CEOs.
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Political Agenda took precedence over education
- By Raina on 05-30-22
By: Carolyn Dewar, and others
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Great by Choice
- By: Jim Collins, Morten T. Hansen
- Narrated by: Jim Collins
- Length: 8 hrs and 45 mins
- Unabridged
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The new question: Ten years after the worldwide bestseller Good to Great, Jim Collins returns to ask: Why do some companies thrive in uncertainty, even chaos, and others do not? In Great by Choice, Collins and his colleague, Morten T. Hansen, enumerate the principles for building a truly great enterprise in unpredictable, tumultuous, and fast-moving times. The new study: Great by Choice distinguishes itself from Collins’s prior work by its focus on the type of unstable environments faced by leaders today.
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an unendurable narration
- By Mary on 11-26-11
By: Jim Collins, and others
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The Innovator's Dilemma
- When New Technologies Cause Great Firms to Fail
- By: Clayton M. Christensen
- Narrated by: L.J. Ganser
- Length: 8 hrs and 37 mins
- Unabridged
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His work is cited by the world's best-known thought leaders, from Steve Jobs to Malcolm Gladwell. In this classic best seller - one of the most influential business books of all time - innovation expert Clayton Christensen shows how even the most outstanding companies can do everything right - yet still lose market leadership. Christensen explains why most companies miss out on new waves of innovation.
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This book is best read, not heard
- By Andrea Rudert on 09-09-17
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The Essays of Warren Buffett
- Lessons for Corporate America, Fifth Edition
- By: Lawrence A. Cunningham, Warren E. Buffett
- Narrated by: Brennen Blotner
- Length: 15 hrs and 32 mins
- Unabridged
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The fifth edition of The Essays of Warren Buffett: Lessons for Corporate America continues a 25-year tradition of collating Warren Buffett's philosophy in a historic collaboration between Mr. Buffett and Prof. Lawrence Cunningham. As the book Buffett autographs most, its popularity and longevity attest to the widespread appetite for this unique compilation of Mr. Buffett’s thoughts that is at once comprehensive, non-repetitive, and digestible.
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Excellent content
- By Jim on 11-08-23
By: Lawrence A. Cunningham, and others
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Multipliers, Revised and Updated
- How the Best Leaders Make Everyone Smarter
- By: Liz Wiseman, Stephen Covey - foreword
- Narrated by: Liz Wiseman, John Meagher
- Length: 11 hrs and 24 mins
- Unabridged
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We've all had experiences with two dramatically different types of leaders. The first type drain intelligence, energy, and capability from the people around them and always need to be the smartest people in the room. These are the idea killers, the energy sappers, the diminishers of talent and commitment. On the other side of the spectrum are leaders who use their intelligence to amplify the smarts and capabilities of the people around them.
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Good points, but highly repetitive
- By 9a7ner on 02-27-19
By: Liz Wiseman, and others
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Thinking in Systems
- A Primer
- By: Donella H. Meadows
- Narrated by: Tia Rider Sorensen
- Length: 6 hrs and 26 mins
- Unabridged
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In the years following her role as the lead author of the international best seller, Limits to Growth - the first book to show the consequences of unchecked growth on a finite planet - Donella Meadows remained a pioneer of environmental and social analysis until her untimely death in 2001. Thinking in Systems is a concise and crucial book offering insight for problem-solving on scales ranging from the personal to the global. Edited by the Sustainability Institute's Diana Wright, this essential primer brings systems thinking out of the realm of computers and equations and into the tangible world....
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Skip to the Middle
- By John Chambers on 06-20-20
What listeners say about Strategy Beyond the Hockey Stick
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Professional Customer
- 06-17-23
Worth listening to while reading
The arguments and supplied data and visuals are quite compelling. It is what you would expect from team McKinsey. There is quite a bit of repetition throughout, but again, they're consultants. The book is practically a demonstration of what they can offer as an engagement, because it's more of a "Here's the problem" argument than a "Here's the solution" manual. Some readers might disagree and argue, "I'm not sure what you mean because the entire book consists of data illustrating the solution and further recommendations on taking insights from that data and applying them to ones own organization." My response is that if you can readily implement the insights and the plan of action for such a strategic superstructure, then you probably are already a strategic management consultant and you just didn't have this data and argument in your tool kit. This book is definitely for such readers. For executives looking for "strategy answers" Who are more narrowly focused on the internals of their own company and industry, this is a great book for showcasing why it might be worth the expense to hire one of the aforementioned - and how to know if they're worth their salt. As my review scores indicate, I thoroughly enjoyed it and found it worth reading and using. The visuals are rich, and so you shouldn't listen without looking at them or you miss a lot. Also, be sure not to skip the Appendix more thoroughly describing the study methodology.
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- Rancher
- 01-01-21
Ok beginning, superb finish
The beginning section and the social drama of strategy could have been shorter, but The five strategy levers discussed in the second half gave me lots of nuggets and insights, will read again.
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2 people found this helpful