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Loved this book. I've never been a business guy, I've always been a people guy. This book finally tied together some ideas I had about the way business works in a very easy to understand and concise manner.
Quick and easy read for all levels of experience. For me personally, it was a refreshing reminder of what matters in running a business and how to get the most out of your team and apply it to a complex business cross-functionally. The “synchronize” material was particularly useful where leaders need to facilitate group effectiveness at solving business problems and exploiting opportunities.
A short master read. This book helps in refining your business decision-making ability. Cash(flow), Return(RoI or RoA), Growth(Customer) are three fundamental to business. This book helps you to learn business acumen and metaphor of it. Simple to understand, Think like a Street Fruit Vendor from North India. Thanks, Mr Ram Charan for writing this book. It indeed brought (a lot of business priority which always enticed me to pursue) complexity to clarity.
Ram “has the rare ability to distill meaningful from meaningless and transfer it in a quiet, effective way without destroying confidences,” says former Chairman of GE, Jack Welch.In this update of the book he originally published in 2001, he very succinctly, and in simple language, describes the basics of what it takes to be a business success. In this book he clearly defines "the universal principles that apply whether you sell fruit from a stand or run a Fortune 500 company."The four basic mus...
Decent perspective for what a CEO would want the organization to understand and how to apply it at any position level.
Margin & Velocity.
Presented as an advanced book, but covers very simple topics (P/E, margin, velocity of business). Seemed like the author threw in example after example in order to extend the page count rather than trying to efficiently communicate the point. 90% of the information could be conveyed in a two-page flyer.Would be valuable for people that have zero business background.
If you want to move into the executive suite (or just be a better employee), this book gives some great insight.It is a short read (120 pages), and the first half is better information. The last half is some examples, and it is a little thin.
This is a short but detailed book that basically explains in layman language on how to focus on the going concern of any organization that you are working for whether it is a NGO, government institution, non profit or business enterprise. No matter what department you work in, your contribution matters. We should all work with business acumen in place. Broaden our mindsets and think of the bigger picture that is larger than our departments. No matter what position you hold, you stand a chance to...
Do you know how money works? Do you know how the most successful people on the planet manage their business? do you know what business acumen is and how it works? Do you ever feel like the path to becoming rich seems like street smarts?"What the CEO wants you to know" written by Ram Charan, explains everything you need to know about running a successful business as simply as it can be explained. Charan, repedively compares running a big business or corporation to running a small fruit stand from...
If there is one book which any non-business person or new business person should read, this is it. As a person who has invested in companies for over 30-years and been on numerous boards for over 20, it is incomprehensible why others rate this less than a 5 star. The facts are that business is, at a very fundamental level (similar to sports), quite simple, which most people fail to comprehend. At another level, it can appear quite complex. The difficulty which most people have is that they get c...
"You make a bet even when you don't make a bet. That is, by not choosing to do anything different, you are choosing the status quo"A great reminder for any time one knows a decision has to be made, and yet one is hesitant about taking the risk. This is a great read to understand the basics of money making, combined with the importance of developing a culture of candor, and growing the right talent for the right job.
I truly enjoyed this book. It is very short, but not as lacking depth, but because the author goes directly to the point while wasting no time. There are multiple gold nuggets in it, but it depends where the reader is in his or her professional life. Therefore, it is a book that will still bring insights in future rereads.For me, this time brought me two main takeaways:- Put the consumer always first. In data analysts, it is very easy to forget this. I am focusing more on user's experience in ad...
This is a good quick hit on important skills that a leader needs across all aspects of business from operations to financials and managing people.
This was a pretty good book. Unlike other feedback, I did enjoy reading it. I was in an interesting position at the time at a college that was run as a business. This book helped me understand my role in the college. I realized that I wasn't a good fit for my position because I didn't have much say in the global picture, and I wanted to. I had to move on. I've taken the tools I've learned in this book and applied them to my current position. I now have a say in the global picture, and I am very
It is the title that intrigued me the most when I read it in the reference section of another business book. An eagle-eyed view of what is expected from an employee in the company by the person at the apex, the CEO, was something I was eager to find out. And the book surely didn't disappoint. This quick read simplifies the expectations of a CEO from his top talent and it draws analogies between a complex, hierarchical MNC and a humble, street vendor. The rules of business and money making essent...
Ram Charan, a prominent business consultant, examines the functions of business by examining his own family's business in India. He explores the decision-making processes any CEO must use, looking at key issues such as profit margin, customer service, product turnover, and the like. He argues that though the companies may differ in size and other relatively superficial attributes, the functions and principles of doing business successfully are the same. Charan argues that successful CEO's and bu...
Unlike Execution, which contained a lot of extraneous material, What the CEO Wants You To Know gets right to the point. I was a bit confused by the title, but read it on a recommendation: it is simply what a CEO wants a person working for him, especially a manager, to know about business in general and their business in particular: margin, velocity, turnover, ROE/ROI/ROA, and so on, as well as how to fit people to roles and grow social operating mechanisms.
My husband recommended this book to me while I was working full time as a Credit Director at a national office furniture manufacturer. At the time, the information contained was pertinent and practical. It's not fun to read by any means and for those of you who have shared in one too many executive "go get 'em" meetings....well, some of this might be passe to you. Nonetheless, it's advice worth repeating and driving home the fact that we always have the choice and the gift of choice to excel at
Good reading that will let your mind start thinking about different ways to help the business you opened or you are working on.