Inverting the paradox of excellence

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February 1, 2023 | History

Inverting the paradox of excellence

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"Taking inspiration from one of the best models of success, the evolutionary model, Inverting the Paradox of Excellence explains why companies should actively seek out changes or variations on a regular basis. Presenting an introduction to the patterns and anti-patterns of excellence, it includes detailed case studies based on different variations including, structure variations, shared values variations, and staff variations.This book presents various dimensions of business variations that are available for any company to explore in its continual quest for opportunities to achieve and sustain excellence. As long as it collectively and effectively covers the various aspects of an operational company, the exact set of the chosen dimensions of variations is immaterial. This book chooses and extends a set inspired originally by In Search of Excellence (as a tribute to its pioneering effort in focusing interest on the challenges of sustaining excellence in enterprise performance), namely, shared values, strategy, structure, stuff, style, staff, skills, systems and sequence.Instead of newer case studies, the book presents the usual and long familiar case studies through the prism of the 'variations' idea to experience the difference of the 'case history' approach presented here. The book includes case history segments for Toyota, Acer, eBay, ABB, Cisco, Blackberry, Tata, Samsung, Volvo, Charles Schwab, McDonald, Scania, Starbucks, Google, Disney, NUMMI and others. It has detailed case histories of three companies GE, IBM and UPS. At industry-level, the book focuses on the Automobile industry because it has been widely witnessed and participated by everyone across the world in the last century"--

"Preface In Search of Excellence started a trend of comprehensive efforts worldwide to identify the prescriptive characteristics for excellent companies. However, time and again, corrective measures adopted by companies, based on such prescriptions, have belied expectations. An analysis of Fortune 1000 corporations shows that between 1973 and 1983, 35% of the top 20 companies are new. The number of new companies rises to 45% when the comparison is between 1983 and 1993. It increases even further, to 60%, when the comparison is between 1993 and 2003. It seems that the very strategies that contribute to the competitiveness, success, and excellence of an enterprise, in time, lead to its decline resulting from organizational inertia, complacence, and inflexibility because of overemphasis and adherence on these very proven routines. Companies end up focusing exclusively on a singular or a small set of guiding principles to the exclusion of all others, way beyond the limits of their validity and time. The best-run and most widely admired companies are unable to sustain their market-beating levels of performance for an extended period of time. Large successful firms have greater resources and the forward momentum of established products and customers to carry them through times of distress, disruptions, and disasters. However, many of what were once the biggest, best financed, and most professionally managed companies have slid from the pinnacles of excellence. The book presents one of the most proven and effective model of success in the world: evolution by natural selection. The world of business can be understood in terms of individual companies, the market environment, and variations: the generation of variations, selection and retention of advantageous variations"--

Publish Date
Publisher
Taylor & Francis
Language
English
Pages
418

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Edition Availability
Cover of: Inverting the Paradox of Excellence
Cover of: Inverting the paradox of excellence
Inverting the paradox of excellence
2014, Taylor & Francis
in English
Cover of: Inverting the Paradox of Excellence
Inverting the Paradox of Excellence
2014, Taylor & Francis Group
in English

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Book Details


Edition Notes

Includes bibliographical references and index.

Published in
Boca Raton

Classifications

Dewey Decimal Class
658.4/013
Library of Congress
HD58.9 .K353 2014, HD58.9.K353 2014, HD58.9 .K353 2015eb

The Physical Object

Pagination
xxv, 418 pages
Number of pages
418

ID Numbers

Open Library
OL31022522M
ISBN 13
9781466592162
LCCN
2014016289
OCLC/WorldCat
884595087

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History

Download catalog record: RDF / JSON / OPDS | Wikipedia citation
February 1, 2023 Edited by ImportBot import existing book
December 15, 2022 Edited by MARC Bot import existing book
September 17, 2021 Edited by ImportBot import existing book
November 13, 2020 Created by MARC Bot Imported from Library of Congress MARC record