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Create Marketplace Disruption: How to Stay Ahead of the Competition [Hardcover]

Adam Hartung (Author)
4.9 out of 5 stars  See all reviews (19 customer reviews)


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Book Description

August 7, 2008

Master the #1 Principle for Long-Term Market Dominance! The Phoenix Principle

Create Marketplace Disruption is as thought-provoking as it is entertaining. Adam Hartung offers business managers and leaders new insights to long-term success that apply across markets and industries.”
—Steve Burke, President, Comcast Cable Communications, Philadelphia, PA

 

"Talking innovation is easier than practicing innovation. Adam offers an excellent approach for corporations to identify how to innovate to gain competitive advantage. A must read.”
—Praveen Gupta, Editor-in-Chief, International Journal of Innovation Science and Chairman, Accelper Consulting, Schaumburg, IL

 

Some companies can’t change in response to market disruptions. Those companies die. Other companies do respond...eventually. They survive, but they see their profits squeezed, their growth flattened. Then,there are the long-term winners: companies that create their own disruptions and thrive on change. In Create Marketplace Disruption, Adam Hartung shows how to become one of those rare companies, creating lasting growth and profits.

This book reveals why so many companies behave in ways that are utterly incompatible with long-term success...and why even “good to great” companies are struggling for air. You’ll discover how to reposition your organization away from the Flats and Swamps of traditional Defend and Extend Management and back into the Rapids of accelerated growth. Hartung demonstrates how to attack competitors’ Lock-ins, make their Success Formulas obsolete, and create the White Space needed to invent your own new formulas for success.

Create Marketplace Disruption shows how disrupting yourself is critical to reaping the benefits of market changes, and part of a process that executives and strategists can reproduce over and over again for improved results.

 

How we got into this messand how to get out of it

The myth of perpetuity and the dark side of success

 

Reinventing success: no more Defend and Extend
Creating your new Success Formulas and keeping them competitively advantaged

 

Why “thinking outside the box” doesn’t work
First, get outside the box. Then, think!

 

Maintaining ”The Phoenix Principle” for long-term success
Practicing Disruption until it comes naturally

 



Editorial Reviews

From the Back Cover

Master the #1 Principle for Long-Term Market Dominance! The Phoenix Principle

Create Marketplace Disruption is as thought-provoking as it is entertaining. Adam Hartung offers business managers and leaders new insights to long-term success that apply across markets and industries.”
—Steve Burke, President, Comcast Cable Communications, Philadelphia, PA

 

"Talking innovation is easier than practicing innovation. Adam offers an excellent approach for corporations to identify how to innovate to gain competitive advantage. A must read.”
—Praveen Gupta, Editor-in-Chief, International Journal of Innovation Science and Chairman, Accelper Consulting, Schaumburg, IL

 

Some companies can’t change in response to market disruptions. Those companies die. Other companies do respond...eventually. They survive, but they see their profits squeezed, their growth flattened. Then,there are the long-term winners: companies that create their own disruptions and thrive on change. In Create Marketplace Disruption, Adam Hartung shows how to become one of those rare companies, creating lasting growth and profits.

This book reveals why so many companies behave in ways that are utterly incompatible with long-term success...and why even “good to great” companies are struggling for air. You’ll discover how to reposition your organization away from the Flats and Swamps of traditional Defend and Extend Management and back into the Rapids of accelerated growth. Hartung demonstrates how to attack competitors’ Lock-ins, make their Success Formulas obsolete, and create the White Space needed to invent your own new formulas for success.

Create Marketplace Disruption shows how disrupting yourself is critical to reaping the benefits of market changes, and part of a process that executives and strategists can reproduce over and over again for improved results.

 

How we got into this messand how to get out of it

The myth of perpetuity and the dark side of success

 

Reinventing success: no more Defend and Extend
Creating your new Success Formulas and keeping them competitively advantaged

 

Why “thinking outside the box” doesn’t work
First, get outside the box. Then, think!

 

Maintaining ”The Phoenix Principle” for long-term success
Practicing Disruption until it comes naturally

 

About the Author

Adam Hartung has been a successful entrepreneur, executive in three Fortune 100 companies, and business consultant with leading firms such as Boston Consulting Group, Coopers & Lybrand, and Index. For 30 years he has created growth through innovation and breakthrough strategy in positions from middle management to CEO. Currently a strategy consultant and public speaker, he is Managing Partner of Spark Partners strategy and organizational transformation consultancy. He holds an MBA with Distinction from the Harvard Business School. He lives in suburban Chicago.


Product Details

  • Hardcover: 256 pages
  • Publisher: FT Press; 1 edition (August 7, 2008)
  • Language: English
  • ISBN-10: 0132343916
  • ISBN-13: 978-0132343916
  • Product Dimensions: 9.1 x 6.1 x 1.1 inches
  • Shipping Weight: 1 pounds
  • Average Customer Review: 4.9 out of 5 stars  See all reviews (19 customer reviews)
  • Amazon Best Sellers Rank: #739,985 in Books (See Top 100 in Books)

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Customer Reviews

19 Reviews
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Average Customer Review
4.9 out of 5 stars (19 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

6 of 6 people found the following review helpful:
5.0 out of 5 stars Required reading for every corner office occupant!, August 20, 2008
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This review is from: Create Marketplace Disruption: How to Stay Ahead of the Competition (Hardcover)
In Create Marketplace Disruption, Adam Hartung succeeds brilliantly in illuminating the root causes for the shockingly high rate of business failure - especially among those companies that graduate to the ranks of exalted Fortune 500 status. His analysis of hundreds of companies confirms the reality of what Hartung calls "innovation lock-in" - the paralyzing effects organizations suffer when they commit themselves through their practices and structures to perpetuating and optimizing behaviors that once succeeded in gaining competitive advantage. The problem is that business markets are highly dynamic environments, and static management approaches quickly lose their relevancy. Yet these approaches are exactly what is being taught at business schools around the world today. He builds a compelling argument against employing "Extend and Defend" management strategies that inevitably lead to corporate rigor mortis. Having identified these root causes of business failure, Hartung outlines his provocative approach to overcome innovation lock-in, which he calls "The Phoenix Principle." The Phoenix Principle helps ensure that companies avoid the tailspin of innovation lock-in by instilling mindsets and practices that lead to regenerative business strategies with a foundation of continuous innovation. He calls on corporate leaders not to fear marketplace disruptions, but to actually embrace them - instigate disruptions if possible - and use this "creative destruction" force to keep the competition off-balance and keep their own organizations both agile and substantially more profitable over time.

- Peter G. Balbus, Innovation Expert and Managing Director, Pragmaxis LLC
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3 of 3 people found the following review helpful:
5.0 out of 5 stars Innovtion Theory and Practice at It's Best, August 8, 2008
By 
Frank R. Brletich (Lake Forest, IL USA) - See all my reviews
This review is from: Create Marketplace Disruption: How to Stay Ahead of the Competition (Hardcover)
Adam is able to effectively combine the theoretical basis of innovation with the practical tools of how to make it happen. He presents his arguments for disruptive innovation while still sustaining your business in an easy to understand and thought provoking style that makes for a compelling read. The concepts of "Extend and Defend", "Success Factors" and "Lock-in" are perfect descriptions of what actually happens in organizations. He also recognizes the practical constraints and problems that disruptive innovations cause in the market and organizations. The tools and methods outlined to resolve these issues are both practical and insightful. Use of "White Space" and "Permission" are the way to go if you truly are serious about making your organization more innovative. You don't want to miss this book if you are looking to be a long term success in today's competitive marketplace.
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3 of 3 people found the following review helpful:
5.0 out of 5 stars Great book tackling the practical side of innovation, August 6, 2008
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This review is from: Create Marketplace Disruption: How to Stay Ahead of the Competition (Hardcover)
Adam Hartung tackles the practical side of innovation - how to make innovation happen in the real world. After setting the stage by developing a very visual framework for understanding business lifecycles, he dives right into a discussion of how individuals and companies become "locked-in" to behaviors that worked for them in the past. This seems simplistic on the surface, but Hartung has developed fresh insights that he illustrates with powerful examples. The rest of the book builds on these insights by showing first what not to do (defending and extending the past), then by showing how to recognize and attack the locked-in behaviors of your competitors, and finally how to disrupt your own organization's behaviors and create the white space needed to innovate and create new, more powerful success formulas. This is a practical book written for people who really want to make innovation happen - not just read about it. Highly recommended.
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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
success formula, creative destruction, first urn, financial machinations, market challenges
Key Phrases - Capitalized Phrases (CAPs): (learn more)
White Space, Create Marketplace Disruption, Extend Management, Pizza Hut, Status Quo Police, Phoenix Principle, The Dark Side of Success-Defend, The Power of Lock-in, Don't Defend, Disruptions Are Key, Roger Smith, New York, Tom Monaghan, Uncertain World, Apple Computer, Best Practices, General Motors, Time Figure, Myth of Perpetuity, Earl Tupper, Sun Microsystems, Disrupting Lock-in, General Electric, Six Sigma, Snack Food
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Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
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