The universal laws of business success . . . no matter whether you are selling fruit from a stand or running a Fortune 500 company.
Have you ever noticed that the business savvy of the world's best CEOs seems like a kind of street smarts? They sense where the opportunities are and how to take advantage of them. And their companies make money consistently, year after year.
How different is it to run a big company than to sell fruit from a cart or run a small shop in a village? In essence, not very, according to Ram Charan. From his childhood in India, where he worked in his family's shoe shop, to his education at Harvard Business School and his daily work advising many of the world's best CEOs, Ram understands business as few can.
The best CEOs have a knack for bringing the most complex business down to the fundamentals -- the same fundamentals of the family shoe shop. They have business acumen -- the ability to focus on the basics and make money for the company.
What the CEO Wants You to Know captures these insights and explains in clear, simple language how to do what great CEOs do instinctively and persistently:
* Understand the basic building blocks of a business and use them to figure out how your company makes money and operates as a total business.
* Decide what to do, despite the clutter of day-to-day business and the complexity of the real world.
Many people spend more than a hundred thousand dollars on an MBA without learning to pull these pieces of the puzzle together. Many others lack a formal business education and feel shut out from the executive suite. What the CEO Wants You to Know takes the mystery out of business and shows the secrets of success used by business legends like Jack Welch of GE.
From the Hardcover edition.
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|Title of Suspense & Thrillers eBook: What the CEO Wants You to Know|
|Release Date: 03-15-2001|
|Allowed Countries (hover)|
|Publisher: Crown Publishing Group|
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What the CEO Wants You to Know
Chapter OneWhat Jack Welch and Street Vendors Share
The Essence of Business Thinking
Chances are that sometime in your life you passed through a city or town where people were selling goods from tables and carts right there on the street. Anywhere you go in the world, you can find street vendors hawking their wares. In Chicago, Mexico City, Sao Paulo, Bombay, Barcelona, San Francisco, New York. Anywhere.
If you bought something, you probably made your purchase quickly and went on your way. It didn't occur to you to talk to the street vendors about business. After all, what they do is very simple. What could you possibly learn from them?
But if you did talk with street vendors about how they make a living, you would notice something surprising. No matter where they live, what they sell, or what culture they come from, they talk about-and think about-their business in remarkably similar ways. They speak a universal language of business. They practice a universal law of business.
Even more surprising is that the street vendor's language is the same as Jack Welch's language (he's the chief executive officer of General Electric Company, named the best manager of the century by Fortune magazine) and Michael Dell's language (you've heard of Dell Computer) and Jac Nasser's language (CEO of Ford). It's the same as Jorma Ollila's (CEO of the Finnish company Nokia) and Nobuyuki Idei's (CEO of Sony).
In other words, when it comes to running a business successfully, the street vendor and the CEOs of some of the world's largest and most successful companies talk and think very much alike. There are differences, of course, be...