Ebook Dual Transformation: How to Reposition Today's Business While Creating the Future
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Dual Transformation: How to Reposition Today's Business While Creating the Future
Ebook Dual Transformation: How to Reposition Today's Business While Creating the Future
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Product details
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Audible Audiobook
Listening Length: 8 hours and 26 minutes
Program Type: Audiobook
Version: Unabridged
Publisher: Recorded Books
Audible.com Release Date: November 10, 2017
Whispersync for Voice: Ready
Language: English, English
ASIN: B0779LDGJ6
Amazon Best Sellers Rank:
There are several things I like about this book. First, there is its timeliness. Although all businesses eventually need to go through a transformation to survive, there is or soon will be a simultaneous, near universal need for it. As the authors note, the digital storm that has already swept through a number of industries – the retail, taxi, hotel, newspapers, telecommunications, and video viewing, to name a few – is coming to an industry near you. For many companies, the only way to survive this storm will be to undergo a dual transformation – where the core business is rejuvenated while at the same time a new growth business is created that draws on selected strengths of the old business (but doesn’t allow legacy systems and procedures to impede its development).The second thing I like about this book is its realism. So much of the business press is filled with quick-fix solutions and feel-good bromides. That’s not the case with Dual Transformation. The authors discuss at length the difficulties one encounters in a dual transformation, and they freely admit their own stumbles along the way – as investors in, consultants to, or executives of companies that have gone through transformations.A third thing to like about this book is that it is grounded in the world most of us inhabit. Books about transformation tend to dwell on the poster children of the digital era – Uber, airbnb, Facebook, Google, and the like. While the book mentions these firms, it dwells primarily on transformations made by incumbents in mundane businesses such as insurance, newspapers, and education. It even gives the example of a developing nation water utility that has been successfully transforming itself.A fourth strength of this book is that lays out the leadership and organizational challenges of achieving a dual transformation. Most business books are packed with inspiring stories that leave their readers with a false sense of how easy transformations of one sort or another are. Not these authors. The entire second half of the book addresses the issues of how one leads a dual transformation. The authors make it clear that dual transformation is not for the faint of heart – but at the same time they provide much helpful guidance for those on the journey.A fifth thing I like about this book is its generosity. Two of the three authors are consultants who have a vested interest in keeping their secret sauce to themselves. But the book’s appendix has a number of tools one can use for a self-guided transformation.I highly recommend Dual Transformation. There is much in it that is stimulating, insightful, and helpful. It could prove to be one of the seminal books for the era we have entered.
Scott's new book is simply excellent. Most large organizations struggle to get innovation activities going because they are victims of the existing business model. Current customers demand all of managers' attention as they provide most revenues. Getting "old" organization to do new tricks is hard, if not impossible. This is why most innovation projects fail. Can the established organization both cater to existing customers and position itself for the future? Yes it can, says Scott. Innovation activities must have two distinct approaches: one to reposition old business model and one to build a new business model. These two efforts require different execution, different competencies, different mindsets. As an icing on the cake, you will find many non-US case studies and examples in the book, which is quite refreshing relative to most innovation books focusing on Apple/Google/Amazon stories which are getting stale. As an author of a book on innovation myself, I say - kudos!
Really important book that provides a lot more depth to how an incumbent organization survives--and thrives--amidst disruption. We've heard the moniker "create an autonomous unit" for some time now, but that advice alone has felt incomplete because it ignores some organizations that seemingly have transformed through disruptive strategies without a wholly autonomous unit and it ignores the immense value--particularly resources, for example--that those organizations can bring to actually have an advantage over a startup player positioning themselves disruptively. Scott, Clark and Mark really clarify what autonomy must mean, how to create the right structures, and how to grow and manage your core while launching and leading something disruptive. Very practical, great case studies, and helpful.
A very well written and thoughtful treatment of THE largest issue facing business leaders today. Each and every business is either facing today, or will face in the not-to-distant future, the challenge associated with disruption of it's core profit-making line of business. The earlier a company recognizes and embraces the challenge, the easier it is to turn that challenge into opportunity. This book provides an actionable set of recommendations for how to both see disruption and how to make the most of the opportunity it presents. Properly applied, the principles contained in the book can create tremendous value for a company and its stakeholders. I highly recommend it.
I can strongly recommend Dual Transformation as one of the leading strategy books of the year, if not the past ten years.The team behind the book perfectly takes one of the major strategic challenges firms face; how do we reinvent and transform while also running our legacy core? The books lays out a solid framework, roadmap and up-to-date case studies, providing a management blue print for reinvention.As a management educator and business school faculty in strategy and innovation, I am now putting Dual Transformation into several of our upcoming strategy programs. it will be a cornerstone of our curriculum for our executive students. As a speaker and advisor on strategy I am happy to put the book into our "top three" recommended books for our global clients.In our work, one of the main challenges is how to get the larger management team and top level managers onboard for upcoming, large-scale transformation projects. I now believe Dual Transformation can be a crucial building block in helping management teams navigate disruptive industry shifts and learn how to better, faster and more succesfully transform.I hope and believe a large number of global managers will benefit greatly from this excellent work.
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