Stickers Smileys
The Self-made Billionaire Effect: How Extreme Producers Create Massive Value Hardcover
  • Share Facebook
  • Share Twitter
  • Share GooglePlus
  • Share Blogger
  • Send to a Buddy
The Self-made Billionaire Effect: How Extreme Producers Create Massive Value Hardcover by John Sviokla
a:2:{s:8:"username";s:7:"CongNgo";s:4:"name";s:7:"CongNgo";}: CongNgo
Category: Social Sciences
Edition Date: 12/30/2014
Time left: Unlimited
ISBN: 159184763X
Quantity: 17
Shipping by: Free
Decription:
Imagine what Atari might have achieved if Steve Jobs had stayed there to develop the first massmarket personal computer. Or what Steve Case might have done for PepsiCo if he hadn’t left for a gaming start-up that eventually became AOL. What if Salomon Brothers had kept Michael Bloomberg, or Bear Stearns had exploited the inventive ideas of Stephen Ross?

Scores of top-tier entrepreneurs worked for established corporations before they struck out on their own and became self-made billionaires. People like Mark Cuban, John Paul DeJoria, Sara Blakely, and T. Boone Pickens all built businesses—in some cases, multiple businesses—that are among today’s most iconic brands. This fact raises two profound questions: Why couldn’t their former employers hang on to to these extraordinarily talented people? And why are most big companies unable to create as much new value as the world’s roughly 800 self-made billionaires?

John Sviokla and Mitch Cohen decided to look more closely at self-made billionaires because creating $1 billion or more in value is an incredible feat. Drawing on extensive research and interviews, the authors concluded that many of the myths perpetuated about billionaires are simply not true. These billionaires aren’t necessarily smarter, harder working, or luckier than their peers. They aren’t all prodigies, crossing the billionaire finish line in their twenties. Nor, most of the time, do they create something brand-new: More than 80 percent of the billionaires in the research sample earned their billions in highly competitive industries.

The key difference is what the authors call the “Producer” mind-set, in contrast with the far more pervasive “Performer” mind-set. Performers strive to excel in well-defined areas, and are important. But Producers are critical to any company looking to create massive value because they redefine what’s possible, rather than simply meeting preexisting goals and standards. Combining sound judgment with imaginative vision, Producers think up entirely new products, services, strategies, and business models.

Big companies tend to reward Performers and discourage the unconventional ways of Producers. But it’s the
About author: JOHN SVIOKLA is head of Global Thought Leadership at PwC (PricewaterhouseCoopers LLP). He serves a variety of Fortune 500 clients on the topics of strategy and innovation and runs The Exchange, the firm’s think tank. John has held various leadership roles at PwC as well as at other public and private companies. He was on the faculty of the Harvard Business School for twelve years. John has written for the Harvard Bu
Price: $22.48 (17 left)
 
x
Feedback

Please let us know what you think, any kind of feedback is highly appreciated.

Suggestion A Bug Question Compliment Inadequate Content

Formats accepted: jpg, png, bmp, mp4, m4v, avi, f4v, WebM, FLV. Maximum file size: 100MB