• 7 Powers

  • The Foundations of Business Strategy
  • By: Hamilton Helmer
  • Narrated by: Joel Richards
  • Length: 4 hrs and 49 mins
  • 4.4 out of 5 stars (156 ratings)

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7 Powers

By: Hamilton Helmer
Narrated by: Joel Richards
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Publisher's Summary

7 Powers breaks fresh ground by constructing a comprehensive strategy toolset that is easy for you to learn, communicate, and quickly apply. Drawing on his decades of experience as a business strategy adviser, active equity investor and Stanford University teacher Hamilton Helmer develops from first principles a practical theory of strategy rooted in the notion of power, those conditions which create the potential for persistent differential returns. 

Using rich real-world examples, Helmer rigorously characterizes exactly what your business must achieve to create power. And create power it must, for without it your business is at risk. He explains why invention always comes first and then develops the Power Progression to enable you to target when your power must be established: in the origination, take-off, or stability phases of your business. Every business faces a do-or-die strategy moment: a crux directional choice made amidst swirling uncertainty. To get this right you need at your fingertips a real-time strategy compass to discern your true north. 7 Powers is that compass. 

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2016 Hamilton W. Helmer (P)2019 Echo Point Books & Media, LLC

What listeners say about 7 Powers

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"Simple but not simplistic," 7 Powers is powerful

Hamilton Helmer's 7 Powers is a must-listen for anyone whose career or interests include business strategy. The book introduces the economics of how a business may achieve superior returns over time, then unpacks the seven ways in which it is possible.

The book's concepts may be understood by just listening (Joel Richard's narration is very good), but 7 Powers also includes unusually rich supplemental material. The accompanying PDF contains visual material that strongly bolsters understanding of the 7 Powers. Kudos to Helmer and team for releasing the audio of this book for busy professionals and not skimping on the additional material that can be reviewed later to lock in the learnings.

6 people found this helpful

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Bad format for good content

This is how to make a decent book a bad experience. I listen to audiobooks nearly daily as I work out or work around the house. This book references materials such as a downloadable PDF, but then goes as far as using mathematical equations where the reader is reading formulas. S over P (x-y) blah blah where s is the value of something…. Ugh! This happens frequently and is distracting for the listener. If I could return it, I would.

1 person found this helpful

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No sumplimentary PDF

The reader refers to sumplimentery PDF all the time, but there is no such PDF in the app. It makes the overall experience of the book just horrible.

1 person found this helpful

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Excellent book!

What business strategy is really about!

The best book on strategy that is simple but not simplistic.

1 person found this helpful

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hiddem GEM for understanding Strategy

Simple but not simplistic.
A MECE theory about dynamic strategy and how to establish power as a company.

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Better to read than listen

Not a book that should be listened to. Too many accompanying references and figures that need to be followed

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Sustainable Competitive Advantage

The book is a good review of what makes something a sustainable competitive advantage. While I'm not sure everything can be broken down into an economic model, it does present a detailed observation on what makes something a sustainable competitive advantage with stories to back it up. Of course, we'd have to look at these stories over time along with Michael Porter's work on the five forces model along with PESTLE. If some business professor looked at Pan Am or TWA in the 60's, that professor would have held these companies up as models much like People Express airline in the 80's.

However, with an external factor of airline market deregulation, the rules changed and these companies no longer exist in the same form. So, the examples provided today, may not be relevant in 20 years as the external environment and industry changes. I plan to take things away from this book that I can share with my undergraduate business students. Thanks to the author for writing this.

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Simple… but not simplistic

I have been highly recommended to read this book for months now. Professor Helmer really created a masterpiece of strategy theory that can be applied to business and investing contexts.

The progression by which the theories are presented and how he ties up everything together at the end is just mind blowing.

It’s not an easy read and I’ll probably have to trade a few times again to ensure understanding and applicability. I’m more than happy to have this book resource available for my managerial toolkit.

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Amazing book, but you cannot just listen to it

Great content! But, if you want to really get it, you must read the PDF while listening... So, a great book to read, but not to listen to.

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good for huge companies

Its good for a very huge company, where players end up ownning the market but not for a small/medium startup. I have now a more clear idea about how this huge companies keep their power, stories are great, but cant put it on practice on my company.

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  • D. T. Palmer
  • 11-09-22

you need the pdf to understand this boo

without the pdf and diagrams this book would be impossible. lost of math and concepts that are hard to visualise and understand without having them on paper

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  • Carlos
  • 10-26-22

Excellent strategy book!

Well written and a great structure! The writer is clearly a professional. I would recommend this book to anyone thinking about business strategy and creating moats against competition.

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  • Amazon Customer
  • 06-04-22

Doesn’t work in audible format

There are lots of math equations in this and it’s quite technical. This simply doesn’t work in this audio format. There is a PDF with the math equations in it but how can you look at this while driving

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  • Isla
  • 02-19-21

Too many formulae

Too mathematical. Might be better in paperback as formulae difficult on audiobook. Generally helpful though

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    1 out of 5 stars
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  • Wen Chin
  • 06-26-21

good content, better off getting the book

. found it hard to follow via audio. content good, technical nature means might be easier to get the book instead