Three top Wall Street analysts reveal enduring lessons in sustainable
success from the great industrial titans--the high-tech companies of
their day--to the disruptors that now dominate the economy.
Before Silicon Valley disrupted the world with new technologies and
business models, America's industrial giants paved the way. Companies
like General Electric, United Technologies, and Caterpillar were the
Google and Amazon of their day, setting gold standards in innovation,
growth, and profitability. Today's leaders can learn a great deal from
their successes, as well as their missteps. In this essential guide,
three veteran Wall Street analysts reveal timeless lessons from the
titans of industry--and offer battle-tested survival tactics for an
ever-changing world. You'll learn:
- how GE became the largest company on earth--only for a culture of
arrogance to set in motion the largest collapse in history
- how Boeing reassessed risks, raised profits--and tragically lost its
balance
- how Danaher avoided the pitfalls of tremendous success--by continually
reinventing itself
- how Honeywell experienced a near-fatal cultural breakdown--and
executed a flawless turnaround
- how Caterpillar relied too much on forecasting, lost billions--and
rallied by recommitting to the basics
Filled with illuminating case studies and brilliant in-depth analysis,
this invaluable book provides a multitude of insights that will help you
weather market upheavals, adapt to disruptions, and optimize your
resources to your best advantage. You'll learn hard-won lessons in
innovation, growth, resilience, and operational excellence, as well as
the time-proven fundamentals of continuous improvement for lasting
success. In the end, you'll have your own personal toolbox of useful
takeaways from more than a century's worth of data, experience, wisdom,
and can-do spirit, courtesy of some of the greatest business enterprises
of all time. This is how manufacturers survived the first disruptors of
technology--and how today's giants can survive and thrive during
continuous cycles of disruption.
