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Fb2 Rejuvenating the Mature Business: The Competitive Challenge ePub

by C.W.F. Baden-Fuller,John M. Stopford

Category: Management and Leadership
Subcategory: Business and Work
Author: C.W.F. Baden-Fuller,John M. Stopford
ISBN: 0415089875
ISBN13: 978-0415089876
Language: English
Publisher: Cengage Learning EMEA (January 1, 1992)
Pages: 224
Fb2 eBook: 1741 kb
ePub eBook: 1675 kb
Digital formats: azw lrf docx lit

Charles Baden-Fuller and John Stopford explain how a mature business can rejuvenate and how it can transform not .

Charles Baden-Fuller and John Stopford explain how a mature business can rejuvenate and how it can transform not only itself, but also its industry - even going so far as to rewrite the rules for success. Baden-Fuller and Stopford challenge managers to jettison the traditional thinking that pervades their industry, and to replace it with new, entrepreneurial ideas ranging from distributor relationships to new product design to market scope.

Charles Baden-Fuller and John Stopford explain how a mature business . This book is the rejuvenators' manual, replacing outdated conventional wisdom with powerful new thinking and strategies for success. Reading it should be every manager's first step toward giving their own firms new life.

Full Stop, John Stopford and Charles Baden-Fuller's "Rejuvenating the Mature Business" is one of the best and most insightful books on business/marketing strategy that I've ever had the chance to come across and read

Full Stop, John Stopford and Charles Baden-Fuller's "Rejuvenating the Mature Business" is one of the best and most insightful books on business/marketing strategy that I've ever had the chance to come across and read. And, it serves me almost continuously in my daily working life as a Strategic Consultant.

Charles Baden-Fuller, Martyn Pitt. Rejuvinating Mature Business: The Competitive Challenge. John Stopford, Charles Baden-Fuller. This is an exciting and well written book. It argues persuasively that maturity is not cast in stone - it is a state of mind

Charles Baden-Fuller, Martyn Pitt. It argues persuasively that maturity is not cast in stone - it is a state of mind. It is possible to turnaround and sustain success in mature markets. The key theme is that firms, and in the end managers, are the key engine of success not the industry in which one competes. As the authors note, the average profitability of an industry is not the same as the individual firm.

Baden-Fuller C, Mary Morgan (2010), 'Business Models as Models', Long Range .

Baden-Fuller C, Mary Morgan (2010), 'Business Models as Models', Long Range Planning, Vol 43 (2-3): 156-171 (700 Google Scholar, 140 ISI citations). Baden-Fuller, C. and Haefliger, S. (2013), 'Business models and technological innovation'. Rejuvenating the Mature Business (with J M Stopford), Harvard Business School Press, Boston Mass. Competitive Groups as Cognitive Communities: The Case of Scottish Knitwear Manufacturers (with J F Porac and H Thomas), Journal of Management Studies, 1989 Vol 26 (4): 397-416. more than 1,200 Google cites, 470 ISI Citations).

Rejuvenating the mature business: The competitive challenge. C Baden-Fuller, JM Stopford. Outsourcing to outmanoeuvre:: Outsourcing re-defines competitive strategy and structure. C Baden-Fuller, D Targett, B Hunt. European Management Journal 18 (3), 285-295, 2000. Business models: A challenging agenda. C Baden-Fuller, V Mangematin. Strategic Organization 11 (4), 418-427, 2013.

John M. Stopford, . Providing an approach to corporate strategy, this study calls into question many of the leading theories in strategic management. Instead of emphasizing the decline of industries or economic sectors when explaining business success or failure, the authors place the individual enterprise itself at centre stage and show how particular businesses and management teams can achieve significant turn-around even in the most hostile environments. They demonstrate how innovative managers have built entrepreneurial organizations through experimentation, imagination.

International Standard Book Number. Stopford, John M. (John Morton), 1939-. 9780415089876 ( 978-0-415-08987-6 ). Dewey Decimal Call Number.

Organizations can rejuvenate and seek industry leadership-even when their industry environment is hostile-if their managers reject standard recipes and create innovative new products, services, and, most importantly, strategies

Organizations can rejuvenate and seek industry leadership-even when their industry environment is hostile-if their managers reject standard recipes and create innovative new products, services, and, most importantly, strategies.

Charles Baden-Fuller. Organizations can rejuvenate and seek industry leadership-even when their industry environment is hostile-if their managers reject standard recipes and create innovative new products, services, and, most importantly, strategies

In this new analysis of success and decline among mature businesses, Charles Baden-Fuller and John Stopford identify the key elements which allow some firms to soar ahead of the competition while others sink into terminal decline. Within the same industry, some firms show a financial performance that is at best adequate, with managers who feel imprisoned by their corporate environment; while others manage to achieve sustained, above-average financial performance and innovate new products and new processes. What are the key factors that differentiate the two? Drawing on a wide range of international businesses and industries, with examples of Japanese, US and European firms, the authors illustrate what it is that enables some companies to innovate, adapt and secure a competitive advantage while others fail. Company size and industry sector do not appear to affect the issue: the ability to innovate and adapt to market conditions clearly does. Some of the stories and examples presented here are surprising and challenge existing theories. Throughout the authors provide a well-researched, up-to-date, new approach to the whole question of corporate turn-around.
Comments to eBook Rejuvenating the Mature Business: The Competitive Challenge
Yalone
Although this book has some age on it in this fast moving business world, it is as useful and applicable today as it was when originally published. I think it demonstrates that certain insights, analysis, and advice from 25 years ago still applies today even when it seems that the business world is undergoing transformation and disruption such that anything but the very latest thinking is irrelevant.
Andromakus
This is an exciting and well written book. It argues persuasively that maturity is not cast in stone - it is a state of mind. It is possible to turnaround and sustain success in mature markets. The key theme is that firms, and in the end managers, are the key engine of success not the industry in which one competes.
As the authors note, the average profitability of an industry is not the same as the individual firm. An industry may perform badly because on average firms are failing to add real value to the customer. In this environment the innovative firm can sweep aside the competition and be highly profitable. The authors show the reader how this is possible!
The authors draw their argument from rich case examples both from the USA and Europe. Their industry foci are diverse, encompassing the services and manufacturing sectors, and firms who compete in both consumer and industrial markets. Examples of sectors drawn upon in this book include Retail Banking (Banc One), Mass Fashion (Benetton), Kitchen Knives (Richardson Sheffield), Fibres (Courtelle), Industrial Pumps (Edwards) and Domestic Appliances (Hotpoint).
From these cases the authors argue that the key to competitive success is innovation in both business processes and products or services. The most powerful contribution of this book is to offer guidance on how senior management can shape a rejuvenation programme. The Crescendo Model of Rejuvenation is the centre piece of the book. The model advises that the process of rejuvenation moves from galvanising the top team, simplify the tasks that the business addresses, build organisational capabilities and leverage to maintain momentum. Interestingly, important in this process is small scale experimentation, rather than grandiose 'bet the company' projects. Practical cases and advise guide the reader through the process.
The book is excellent both in terms of content and writing style. I strongly recommend it both to practising managers and students of management.
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