This book by William Joyce, a professor at the Tuck School of Business, and Nitan Nohria, a professor at the Harvard Graduate School of Business, and Bruce Roberson, Managing Director, McKinsey & Company, introduces a formula for business success the authors calls 4+2. The authors fielded a 5-year study of 160 different companies and looked at 200 potential drivers of success. In the end, they isolated 8 drivers of success. The premise of the book is that 4 of primary management practices must be present for success plus any 2 of the 4 secondary management practices
PRIMARY SECONDARY STRATEGY
Devise and maintain a clearly stated, focused strategy TALENT
Hold on to talented employees and find more EXECUTION
Develop and maintain flawless operational execution LEADERSHIP
Keep leaders and directors committed to the business CULTURE
Develop and maintain a performance-oriented culture INNOVATION
Make innovations that are industry transforming STRUCTURE
Build and maintain a fast, flexible, flat organization MERGERS & PARTNERSHIPS
Make growth happen with mergers and partnerships
Relevant Links
Companion Website