8 of 8 people found the following review helpful:
5.0 out of 5 stars
Small, new companies vs. large, entrenched companies, August 24, 2001
Taking examples primarily from the high-technology business world of the past 7 years, Yoffie and Kwak use the sports of Judo and Sumo as metaphors to analyze small, new companies competing against large, entrenched companies. A brief introduction to the sport of Judo is followed by an overview of the Principles of Judo Strategy in business -- Movement, Balance, and Grip - with short examples of companies as varied as Amazon.com, Capital One, Charles Schwab, Dell, eBay, Frontier Airlines, Inktomi, Intuit, Juniper Networks, JVC, Netscape, People Express, Priceline.com, and Transmeta using these strategies (mostly) successfully. CNET Networks, Palm Computing, and Real Networks each get a chapter of their own discussing their use of Judo Strategy in detail.
Of course the upstart company does not always win, so the authors introduce the sport of Sumo and then describe how to apply Sumo Strategy to deal with a Judo strategist, using examples of behavior by AOL, Cisco, Coca Cola, Du Pont, Intel, Microsoft, and Texas Instruments.
I enjoyed the judo and sumo metaphors and especially all the stories about companies that had used these strategies successfully. The only suggestion for improvement I might offer the authors is to include more examples of companies (like Netscape) who violated these strategies and paid the price.
Judo Strategy winds down with a list of five rules for the Judo Strategist, which I will summarize as: Focus, Execute, Be Nimble, Leverage Creatively, and Cut Your Losses Quickly. I was particularly impressed by the passion, energy, intellect and dogged determination required of a small company leader to compete successfully with a large company. The commitment over a long period of years by a single leader sets a very important tone for a company, and events like George Sheehan leaving WebVan [I wrote this review before WebVan folded!] or Peter Neupert kicking himself upstairs to Chairman at Drugstore.com should be seen as critical warning signs about the long-term viability of those companies.
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7 of 7 people found the following review helpful:
5.0 out of 5 stars
Competing with Industry Giants ... and Winning, September 5, 2001
Okay, I'm biased about this book. After all, our story (the Palm story) is well profiled in it! But I do believe that Yoffie and Kwak have captured and articulated well some of the essential elements of our strategy. Judo Strategy gives solid advice, and is loaded with examples, for those entrepreneurs who dare to compete against industry giants. Refreshingly, it also instructs you on what NOT to do, which is sometimes even more important. I recommend this book for anybody who choses to compete with market leaders.
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6 of 6 people found the following review helpful:
5.0 out of 5 stars
Even Bill Gates could learn a trick or two, September 26, 2001
By A Customer
This is a great book for anyone competing with the 800 pound gorilla of their industry. It gave me a lot of ideas about how to look beyond other companies' strengths and take advantage of their weaknesses. The examples are inspiring (especially the examples of moves to avoid, like getting into a war of attrition). If you work anywhere other than Microsoft, you should definitely read this book.
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