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Profitable Growth Is Everyone's Business: 10 Tools You Can Use Monday Morning

Customer Reviews:

Revenue growth must supplement a cost reduction agenda

By Peter Leerskov "The Strategist, www.lace.dk" - October 14, 2004

Charan's credentials include co-authoring the bestseller "Execution". His writing is very much down-to-earth, no-nonsense, and straightforward. So when he says 10 tools for Monday morning, believe him! Here they are:

1. MAKE REVENUE GROWTH EVERYONE'S BUSINESS. Just like a cost reduction agenda may be a permanent theme in daily conversations and meetings in all departments, so should revenue growth be. And it's not just for the management, it's for all employees to think in this direction (just like we try with the cost reduction agenda).

2. HIT MANY SINGLES AND DOUBLES, NOT JUST HOME RUNS. While home runs provide the opportunity for a quantum leap, they are unpredictable and don't happen all the time. Singles and doubles, however, can happen every day of the year. This piece of advice may sound somewhat trivial. But for what it's worth, my experience from especially larger firms is that it may turn out to be the most important tool. Many big corporations tend to... read more

Passionate, Practical, and Persuasive

By Robert Morris - February 11, 2004

Charan co-authored Execution: The Discipline of Getting Things Done with Larry Bossidy and has written numerous articles in which he examines various causes and effects of what I view as organizational dysfunction. In this volume, he correctly insists that responsibility for profitable growth must be shared by everyone involved. He offers "Ten Tools" by which to achieve that important objective. First, he identifies three barriers to such growth: "First, the balance has gone too far in the direction of cost-cutting at the expense of revenue growth...Second, when most managers think about growth, it is in terms of home runs -- the disruptive technology, the new revolutionary business model, the mega-merger -- instead of the singles and doubles that, when executed at a steady pace, cumulatively can increase revenue substantially...Third, improving productivity and increasing revenues are seen as two separate issues, when they are, in fact, inseparable for long-term success. If managers... read more

Practical and Timely

By Bruce V. Culver - February 16, 2004

Having worked with Ram before, I immediately purchased and read the book in one sitting on flight from S.F. to Detroit. Highlighting the many practical steps that he uses to stimulate your thinking, it was easy to adapt these suggestions into actionable steps to achieve our company's own growth plan.However, I was cautious to write a summary of the book until I distributed some copies to my team and tested the acceptance of these basic principles to revenue growth. I have seen some people scoff at some of Ram's recommendations because they appear to be too basic...too simple to really make a difference. For example: "Revenue Growth is everyone's business, so make it part of everyone's daily work routine." or "Seek good growth and avoid bad growth." Easy to just read over the titles...hard to really implement with every sales person, account manager...every employee on a equal understanding and commitment.After discussing with the management team, getting... read more

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