Description:
Profit from the Core argues that a timeless strategic principle--building market power in
a well-defined core business--remains the key source of competitive advantage and the most
viable platform for successful expansion. Based on a ten-year study of 2,000 companies
conducted by Bain & Company, the book identifies three factors that differentiate
growth strategies that succeed from those that fail: 1) reaching full potential in the
core business; 2) expanding into businesses adjacent to that core; and 3) preemptively
redefining the core business in times of market turbulence. Explaining how leaders can
adapt their strategies in response to a rapidly changing business environment, the book
concludes with guidelines for becoming sustained value creators--companies capable of
successfully refining and redefining their core businesses over the long haul.
Subjects Covered:
Adjacency expansion, Competitive advantage, Competitive decision making, Core competency,
Differentiation, Growth, Industry turbulence, Profitability, Spinoffs, Strategy, Value
creation.
Setting:
Airline industry; Automotive industry; Biotechnology industry; Blades & razor
industry; Camera, laser & optical industries; Car & truck rental industry;
Computer industry; Insurance industry; IT industry; Printing industry; Software industry;
Steel industry; Telecommunications industry; Video industry
195 pages, Hardcover
