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Home > Business & Economics > Business Life > Leadership > The Three Tensions: Winning the Struggle to Perform Without Compromise-eBook
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A manager argued that he could either increase his business unit's margins or its sales, but not both. His chief executive reminded him of the time when people lived in mud huts and faced the stark choice between light and heat: punch a hole in the side of your hut and you let the daylight in but also the cold, or block up all the openings and you stay warm but sit in darkness. The invention of glass made it possible to overcome the dilemma—to let in the light but not the cold. How then, he asked his manager, will you resolve your dilemma between no sales or no margin improvement? Where is the glass?
From the Introduction

"To win, leaders have to push their companies beyond trade-offs. They must find strong growth at premium returns, not one or the other. They must deliver great results today and build for the future at the same time, not push for earnings that can't be sustained. The Three Tensions is about having both at the same time, more of the time. I recommend it to any manager serious about winning."
—James Kilts, former chairman, CEO, and president, The Gillette Company

"Leadership can't be just about telling people what you expect of them. The Three Tensions sets out a range of helpful tactics leaders can adopt to really engage their people in the search for good performance on many fronts."
—Andrew Cosslett, chief executive, InterContinental Hotels Group PLC

"The Three Tensions speaks to fundamental management issues, perhaps the most fundamental. Managers looking for new ideas on how to improve performance will find it very stimulating. I found my own thinking very much influenced by it."
—John Roberts, professor of economics, strategic management, and international business, Stanford Business School

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Title of ebook: The Three Tensions: Winning the Struggle to Perform Without Compromise
ISBN: 9780787988944
Publisher: Jossey-Bass
Internet download file size: 1664 kb
Pages: 272
Released online for download: 07-13-2007
Author of eBook: Dodd, Dominic
Author: Favaro, Ken


The Three Tensions

Winning the Struggle to Perform Without Compromise

Chapter One

The Corporate Cycle 'tis wisdom to beware; And better shun the bait, than struggle in the snare.

John Dryden, Epistle 13

Growth becomes the new imperative. The leaders of the company look to the future and set demanding goals for market share and new revenue. They know that they must invest and that long-term gain may mean some short-term pain for earnings. But "no change" is not an option. To grow, the company must take greater risks and encourage more experimentation. So the leaders push more authority down the organization. Central intervention in day-to-day management is reduced. They sharpen individual incentives for growth. The emp ... read full excerpt from The Three Tensions: Winning the Struggle to Perform Without Compromise ebook





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