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Unformatted text preview: • Manager’s Bookshelf o Competitive Advantage Value chain: value to customers must exceed costs of making it RBV: goal of making money by creating something unique, something using an intangible asset/ relationship In order to attack a leader, the competitor must have COMPETITVE ADVANTAGE o Good to Great Level 5: Level 5 Executive • Build enduring greatness through a paradoxical combination of personal humility plus professional will • Attends to people first, strategy second • Stockdale Paradox: know things are bad, but hold faith they’ll get better • Build up- Breakthrough Flywheel: continuous change, speeds up • Hedgehog Concept: 3 circles of simplicity: what company can be best at, how its economics work best, and what impassions its workers • Technology Accelerators: carefully select good technology • Disciplined thought, action, and people o Execution: The Discipline of Getting Things Done Execution is a discipline and integral to society, the major job of the business leader, and has to be in the culture...
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This note was uploaded on 04/29/2008 for the course MAN 320F taught by Professor Passovoy during the Spring '08 term at University of Texas.
- Spring '08