Unstoppable Finding Hidden Assets to Renew the Core and Fuel Profitable Growth

HAVE YOU INDENTIFIED YOUR NEXT CORE BUSINESS?OVER THE NEXT DECADES, two out of every three companies will face the challenge of their corporate lives: redefining their core business to stay competitive. Buffeted by ever-stiffening global competition, shifting global dynamics, and accelerating change, business leaders face an increasingly uncertain future. More and more, executives will realize that they must make fundamental changes in their companies' core to spur growth in the future-even as they continue to deliver the goods and services that keep their firms in business today. Unstoppable shows you how to look deep within your organization to find undervalued, unrecognized, or underutilized assets-in the form of business platforms, customer insights, and capabilities-that can serve as new foundations for sustainable growth.Drawing extensive studies and more than thirty in-depth interviews with CEOs from firms as diverse as DeBeers, American Express, Li & Fung, and Harman International, Chris Zook explains how to know when your company's core needs reinventing. He also demonstrates how your organization can find and deploy "hidden assets" that can serve as the engines for growth tomorrow. State-of-the-art tools and diagnostics help you apply what you've learned to transform your core.Looking deep within your core for ways to redefine your strategy, Zook explains, is far less risky that other popular tactics, such as entering the race for the next hot market or bidding in the auction for the next big transforming acquisition. It also helps you avoid all-too-common error of relying on the past formulas for success, even when those formulas have begun to reach their limit.Using Zook's approach, you will learn to recognize the magnitude of a threat to your core before it's too late. And you'll make critical changes in your company's fundamentals to unleash a new wave of growth rather than run the risk of stall-out- or worse. Building on the author's previous books, Profit from the Core and Beyond the Core, this book shows how any company in crisis can transform itself to become truly unstoppable.Zook, Chris is the author of 'Unstoppable Finding Hidden Assets to Renew the Core and Fuel Profitable Growth', published 2007 under ISBN 9781422103661 and ISBN 1422103668.