Title
Profit from the Core: A Return to Growth in Turbulent Times,New
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When Profit from the Core was published in 2001, it became an international bestseller, helping hundreds of companies find their way back to profitable growth after the bursting of the Internet bubble.The 2007 global financial meltdown reaffirmed the perils of pursuing heady growth through untested strategies, as firms in industries from finance to retailing to automobiles strayed too far from their core businesses and suffered the consequences. In this updated edition of Profit from the Core, authors Chris Zook and James Allen show that a renewed focus on the core is more critical than ever as firms seek to rebuild their competitive advantage coming out of the downturnand that a strong core will be the foundation for successful expansion as the economy recovers.Based on more than ten years of Bain & Company research and analysis and fresh examples from firms responding to the current downturn, the book outlines what todays executives and managers need to do now to revitalize their core, identify the next wave of profitable growth, and build on it successfully. Zook and Allen explain how companies can: Develop a strong, welldefined core and use it to establish a leadership position Follow the golden rule of strategy: discourage competitors from investing in your core Assess whether your core is operating at its full potential Uncover hidden assets in your core that provide the seeds for new growth Find a repeatable formula to apply core business strengths in adjacent marketsBuilding on powerful and proven ideas to meet todays formidable business challenges, Profit from the Core is the backtobasics strategy field guide no manager should be without.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
- Q: What is the main focus of 'Profit from the Core'? A: 'Profit from the Core' emphasizes the importance of a company's core business as a foundation for growth, especially during turbulent times. It provides strategies for revitalizing core operations and finding new profitable opportunities.
- Q: Who are the authors of this book? A: The book is authored by Chris Zook and James Allen, who are known for their extensive research and insights in corporate strategy.
- Q: How many pages does the book have? A: The book contains 192 pages, providing a concise yet comprehensive exploration of the core business strategy.
- Q: What edition of the book is available? A: This is the updated edition of 'Profit from the Core', which includes fresh examples and insights relevant to today's business environment.
- Q: When was 'Profit from the Core' published? A: 'Profit from the Core' was published on January 26, 2010, as an updated edition of the original book released in 2001.
- Q: What type of binding is used for this book? A: The book is available in hardcover binding, ensuring durability and a quality reading experience.
- Q: What category does this book fall under? A: 'Profit from the Core' is categorized under Corporate Finance, making it suitable for professionals interested in business strategy and growth.
- Q: Is the book suitable for managers and executives? A: Yes, the book is specifically designed for managers and executives looking to enhance their strategic approach and drive sustainable growth.
- Q: What are some key concepts discussed in the book? A: Key concepts include developing a strong core, assessing core operations, uncovering hidden assets, and applying strengths in adjacent markets.
- Q: What is the condition of the book being sold? A: The book is in new condition, ensuring that buyers receive a quality product.