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The Art of Profitability [Audiobook, Unabridged] [Audio Cassette]

Adrian Slywotzky (Author), Scott Mosenson (Reader)
4.3 out of 5 stars  See all reviews (32 customer reviews)


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Book Description

September 1, 2002
What do Barbie dolls, Nokia phones, and American Express credit cards have in common? They all represent a powerful business model called pyramid profit. How about Intel, Microsoft, and Stephen King? They all exploit another model called value chain position profit. THE ART OF PROFITABILITY reveals the invisible but important governing principles that can mean the difference between business failure and success. Writing with wit and provocative insight, bestselling author Adrian Slywotzy tells the story of eccentric strategy teacher David Zhao and his young student. Each of the book's twenty-three chapters presents a lesson from the exuberant and always challenging master-and a profit paradigm that will open your mind to the many ways to make profit happen. You'll understand-from a different perspective-how your company and your competitors generate profit...which business models can be best applied to your profit-making strategy...what specific actions your organization can take in the next ninety days to improve its bottom line...and more. With scores of examples from today's global marketplace, a weekly assignment, and an eclectic business reading list ranging from Obvious Adams to Einstein's Dreams, THE ART OF PROFITABILITY invites anyone in business to engage in the lively exchange between mentor and protÈgÈ. Enter the classroom. Discover the art. And learn which form of profitability will help your company succeed today and grow tomorrow.


Editorial Reviews

From Publishers Weekly

This compact tome from consultant Slywotzky (The Profit Zone) offers 23 business lessons via the tale of a manager's quest to learn the "art of profitability" from David Zhao, a wise master. It's an attractive and refreshing concept that taps into the Zen of business. The author cautions readers to "please read only one chapter per week... Think about it. Let it stew." His advice, centered around the mantra that the path to profitability lies in fully understanding the customer, is valuable- e.g., watch out for cracks in a business's foundation, because they can quickly lead to a collapse. Slywotzky has tried to make his text seem ancient, even timeless, by featuring the cliché of the wise sage and the eager pupil, and this forced effort may frustrate some readers looking for a quick fix. But those seeking a new alternative to tired business manuals should revel in Zhao's fable-like teachings.
Copyright 2002 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.

About the Author

ADRIAN SLYWOTZKY is the bestselling coauthor of The Profit Zone and Profit Patterns, and How Digital Is Your Business?, as well as the author of Value Migration. A graduate of Harvard College, Harvard Business School, and Harvard Law School, he is a vice president of Mercer Management Consulting, Inc., a global management consulting firm that focuses on profit growth in changing markets.

Product Details

  • Audio Cassette
  • Publisher: Hachette Audio; Unabridged edition (September 1, 2002)
  • Language: English
  • ISBN-10: 1586214705
  • ISBN-13: 978-1586214708
  • Product Dimensions: 4.2 x 1.1 x 6.8 inches
  • Shipping Weight: 5.6 ounces
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (32 customer reviews)
  • Amazon Best Sellers Rank: #3,379,987 in Books (See Top 100 in Books)

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Customer Reviews

32 Reviews
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 (18)
4 star:
 (9)
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 (3)
2 star:
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Average Customer Review
4.3 out of 5 stars (32 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

13 of 14 people found the following review helpful:
5.0 out of 5 stars SIMPLE POWERFUL CONCEPTS TAUGHT IN INNOVATIVE WAY, November 6, 2003
This book is focused on explaining 23 different models of profitability that different firms have followed. The author uses the realtionship between a wise mentor and an eager mentee to take the reader through the process of understanding the different models. The book is aimed at describing and giving the reader some insight into each model; it is not an in depth analysis of profitability. Given its aim, it is well written.

It is not a step by step process to apply at a business. This is a book to make a manager reflect, not follow. Each chapter is one story that describes a model; the style seems to follow the general outline of Harvard Business School cases, which, given the author's professorship there, is not so surprising.

I highly recommend it to someone looking for an entertaining read that will make one reflect. However, disregard the recommendation that you go through one chapter per week. It is too little, I think I would probably lose the book by the 3rd week. It is, instead, a book to be read in 3 days, and be referred back for ideas.

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12 of 14 people found the following review helpful:
5.0 out of 5 stars A Great Addition to My Business Library, October 3, 2002
By 
Stephen Boord "sboord" (San Francisco, CA United States) - See all my reviews
(REAL NAME)   
As a recent MBA graduate, I found this book to be far more valuable than most strategy texts I had read in school. While the focus is on explaining different profitability models, the lessons learned are easily applied to new ways to think about your enterprise. The book encourages the reader to read a chapter a week and suggests other books to read and thought exercises to do. While I'm sure this would be the ideal way to go through the material, I found the book suitable and enjoyable to read quickly. The writing is clear and to the point. And while comparisons to "The Goal" are unavoidable, I found the balance of storytelling and teaching in "Art of Profitability" to be skewed toward teaching. As a result, Slywotzky provides the reader more bang (quality insights) per page without compromising the books readability. Highly recommended.
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6 of 7 people found the following review helpful:
4.0 out of 5 stars Not Your Average Business Book, May 26, 2006
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The author weaves a story into his rundown of 23 profit models by having a young executive learn at the feet of a mystical guru over a year-long period. As the student gains insight, he grows in confidence and ability--good thing, too, since the company he works for is hopelessly messed up.

This highly accessible book is helpful on several levels.

First, it provides solid overviews of 23 important profit models: what they are, how they work, and why they work. Case studies and anecdotes provide illustration in case some of Master Zhao's explanations aren't sufficiently clear.

Second, it reminds us that profit is at the center of everything in business. The dialog between teacher and student illustrates how easy it is for business leadership to ignore that seemingly obvious principle.

Third, Mr. Slywotzky gives us a learning model we can apply to any problem, business or otherwise. He teaches the arts of listening, holding back, asking the right questions, analzying numbers, and extrapolating sound conclusions from particular facts, even small and seemingly unrelated ones. If you're interested in further study, he supplements his book with a reading list you won't see in an ordinary business book bibliography.

Probably the learning model is the most valuable aspect of the book: teach a man to fish, etc... Fascinating reading for entrepreneurs and executives in organizations of any size.
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