Sull (Why Good Companies Go Bad), professor at the London Business School, inveighs against the business world's terror of change and habitual response of accelerating activities that have worked in the past, a dynamic he terms "active inertia." Sull demonstrates how turbulence-his term for rapid and unpredictable changes that influence a firm's ability to create value-provides opportunity for growth (his odd analogy describes how Italians originally thought tomatoes were poisonous; only when they were willing to experiment did they discover the root of their distinctive cuisine). Noting the "exceptionally turbulent" times we live in, Sull offers practical suggestions (and work sheets) to enhance a company's agility and ability to improvise. "Our theories about the future," he reminds us, "remain subject to revision or rejection in light of new knowledge that might arise in the future. All our theories will let us down; we just don't yet know how or when." With success stories from such companies as Microsoft and Carnival Cruise Lines, much of the information within is sound, but the lofty tone might make this a tough sell in an already shell-shocked marketplace. (Oct.)Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
The Upside of Turbulence: Seizing Opportunity in an Uncertain Worldby Donald Sull
The Upside of Turbulence is an enlightening look at the inherent paradox of how to strategize and plan in a turbulent business world where the only thing that doesn’t change is change itself. In this book, based on a decade of research, historical case studies, and intensive work with established enterprises and start-ups, Donald Sull, named an/i>… See more details below
The Upside of Turbulence is an enlightening look at the inherent paradox of how to strategize and plan in a turbulent business world where the only thing that doesn’t change is change itself. In this book, based on a decade of research, historical case studies, and intensive work with established enterprises and start-ups, Donald Sull, named an “up and coming thinker” by the Financial Times, lays out the fundamental logic of opportunity and provides a series of practical steps to translate insight into action.
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Meet the Author
Donald Sull is a professor of strategy and the faculty director of executive education at the London Business School. He received his bachelor's, master's, and doctorate degrees from Harvard University, where he taught entrepreneurship. Prior to his academic career, professor Sull worked as a consultant with McKinsey & Company and as a management investor with a leveraged buyout firm. He blogs for the Financial Times (www.blogs.ft.com/donsullblog).
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