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Binding: HardcoverDewey Decimal Number: 658.406 EAN: 9781400050840 ISBN: 1400050847 Label: Crown Business Manufacturer: Crown Business Number Of Items: 1 Number Of Pages: 272 Publication Date: October 19, 2004 Publisher: Crown Business Release Date: October 19, 2004 Studio: Crown Business Editorial Review: Amazon.com Review: In their 2002 bestseller, Execution: The Discipline of Getting Things Done Larry Bossidy and Ram Charan identify why people dont get results: they dont execute. Bossidy and Charan are back with another stellar study on organizational behavior that shows how companies can succeed if they return to reality and examine every part of their business. Confronting Reality is based on a simple concept, but many companies approach strategy and execution in a surprisingly unreal manner and even the simplest of measurement methods, like the business model, are not applied correctly. Cisco, 3M, KLM, Home Depot, and the Thomson Corporation are just a few of the companies that Bossidy and Charan examine. To demonstrate how to examine a business using the business model, Bossidy and Charan map out external variables, financial targets, internal activities, and an iteration stage (defined as a time to "make tradeoffs, apply and develop business savvy") to prove how a dynamically evolving business model will help improve performance. "The version of the business model we have developed is a robust, reality-based process for thinking about the specifics of your business in a holistic way. It shows you how to tie together the financial targets you must meet, the external realities of your business and internal activities such as strategy development, operating tactics, and selection and development of people." Larry Bossidy, retired chairman and CEO of Honeywell International and Ram Charan, author of What the CEO Wants You to Know and Profitable Growth Is Everyone's Business, have once again shed industrial-strength light on how to run a successful business. --E. Brooke Gilbert Average Rating:
 Rating:  - Play Where the Puck Is Going to Be"Avoiding reality is a basic and ubiquitous human tendency," write Larry Bossidy and Ram Charan. Leaders often tilt that way also and lack the discipline to confront reality. They comment, "Exercising the power of realism requires an open and inquisitive mind, intense curiosity, the intellectual ability to sort out complexity, the ability to persuade others, and--undergirding it all--the courage of inner strength. People who lack these qualities can't be considered leaders. They should look for ... Read More Rating:  - Strategic solutions for a familiar problemAuthors Larry Bossidy and Ram Charan start with what you know: the business world has dramatically, irrevocably changed. Companies confront the new reality of globalization, free capital flows and powerhouse retailers. The book's strength lies in its relentless insistence on a basic fact that business leaders know but have apparently been trying to deny: you must see the economic world as it really is. This is not new. You know the ground has shifted, but have you figured out everything that you need ... Read More Rating: - Confronting Reality : Doing What Matters to Get Things RightClearly a reality check around the problems we all face as our customers and shareholders expectations are changing. In reviewing three major telecom institutions, Larry reminds us of the fundementals of we are in business. It's a good model for use when we're looking in the mirror at our own situation. Definately worth the investment to read. Rating: - Look! A FOREST!!!Instead of peicemealing a business to death: strategy, marketing, finance, etc. Bossidy and Charan give us a view of a whole business, from the chair of the savvy Entrepreneur or that of the CEO. They show hot to fit all the peices of a business together. Bossidy and Charan use well-known examples and analyze the pitfalls and successes of these examples (Home Depot, Walmart, Thompson) according to a three-part business model: external environment, internal operations and financial targets. ... Read More Rating: - Excellent Business Book!Confronting Reality" is a gold-mine of perspective on how to get an organization properly focused - starting by confronting reality. It belongs on the bookshelf of every manager with bottom-line responsibility. Bossidy begins by stating that any plan for a business has to answer three questions: 1)What's the nature of the game we're in? 2)Where is it going? 3)How do we make money in it? Incredibly, says Bossidy, in many organizations they rarely get asked, much less adequately answered. Read More |
Larry Bossidy and Ram Charan are back with Confronting Reality to show how companies can succeed if they get back to reality and examine every part of their business. Amazon.com senior editor E. Brooke Gilbert interviewed Bossidy and Charan to discuss the current business climate, their new book, and future projections.
Larry Bossidy and Ram Charan discuss the airline industry's failure to confront reality based on a recent Wall Sreet Journal article and their new book as a backdrop.