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The Power of Management Innovation: 24 Keys for Accelerating Profitability and Growth

1st Edition
007162578X · 9780071625784
The world’s most profitable companies share twothings in common: quality of management andmanagement capital. Combining leadership passionfor creating growth and profitability (qualityof management) and the effective deployment ofresources for acce… Read More
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1. Promote management capital
2. Keep aware and agile
3. Focus on customers
4. Manage smart in new ways
5. Learn and innovate
6. Sustain and systematize
7. Grow through opportunism
8. Combine hard and soft
9. Operationalize concepts
10. Innovate constantly
11. Lead with heart and head
12. Manage better, not more
13. Drop dead doctrines
14. Network responsibility
15. Collaborate strategically
16. Compete using technology
17. Find and fix disconnects
18. End failure costs
19. Lead with the best
20. Cultivate best practices
21. Manage by the new model
22. Lead competitively
23. Lead your value chain
24. Capitalize and innovate

The world’s most profitable companies share twothings in common: quality of management andmanagement capital. Combining leadership passionfor creating growth and profitability (qualityof management) and the effective deployment ofresources for accelerating growth (managementcapital) is the formula for thriving in the 21stcentury.

The Power of Management Innovation is a clearroadmap for delivering these critical drivers ofsuccess to your own organization. Incorporatingthe most pertinent points from his classic bookThe Power of Management Capital, creator of theTQM movement Armand V. Feigenbaum, alongwith systems management and technology expertDonald S. Feigenbaum, lays out 24 actionablekeys for applying systematic management andleadership models to your company, includinghow to:

  • Foster constant innovationthroughout your company
  • Integrate the newesttechnology resources
  • Create, expand, and redefineyour market
  • Combine the power of hardand soft assets
  • Diffuse responsibility throughall levels of operations
  • Eliminate obstacles toproduct and service value
  • Operationalize yourcommitment to quality
  • Create strategic alliancesand partnerships
  • Focus on customers, investors,and other stakeholders

Apply the insights of The Power of ManagementInnovation and you’ll soon find yourselfleading—not following—the pack in today’senormously demanding and brutally competitivebusiness environment.