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Managing for the Short Term: The New Rules for Running a Business in a Day-to-Day World
 
 
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Managing for the Short Term: The New Rules for Running a Business in a Day-to-Day World [Hardcover]

Chuck Martin (Author)
4.7 out of 5 stars  See all reviews (11 customer reviews)


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Hardcover, May 21, 2002 --  

Book Description

May 21, 2002
As managers, senior executives, and CEOs all over have painfully discovered, if you don’t manage for the short term, you won’t be around for the long term. Bestselling business author Chuck Martin found that nothing consumes business managers more than how to manage a company in the weeks and months immediately ahead.
As founder of NFI Research, an executive think tank made up of some 3,000 high-level executives at over 1,400 companies, Chuck Martin has interviewed and gathered the results of thousands of management specialists the world over to discover how companies are successfully zeroing in on improving short-term performance, while still balancing these efforts with long-term strategic goals. By looking to managers and executives at companies like IBM, SAP, Deloitte & Touche, Kraft, AT&T, Dow Chemical, and hundreds of others, Martin has uncovered the “best practices” that help propel short-term performance. Among them:

•Bridging the enormous disconnect between management’s strategic goals and the ability of front-line managers and employees to implement these goals

•Moving even the biggest projects forward incrementally, delivering tangible results at each step along the way

•Putting together time-based and events-based teams that can focus specifically on essential short-term decisions and goals

•Creating incentives to reward short-term results

What Chuck Martin has found is that companies that adopt practices designed to achieve short-term results are usually better positioned to achieve their long-term strategies as well.

A critically important management book that addresses one of the overriding concerns of businesses today, Managing for the Short Term is an essential addition to any manager’s toolkit.


"Managing for the short term is not simply about moving faster. It is about moving smarter. It is about effective implementation and operation within the context of mission and vision. Strategy is implemented through a series of small steps and rapid, short-term decisions within that long-term view. It forces managers to become more effective at achieving the measurable results required by today's climate."
From Managing For the Short Term

Editorial Reviews

Review

"An instructive guide to creating an intense focus and alignment throughout your organization."
-- Michael D. Parker, President and CEO, The Dow Chemical Company


"Managing for the Short Term is about flexibility within a sustained strategy. Chuck Martin has developed a framework that turns this into a skill for every executive."
-- Robert W. Selander, President & CEO, MasterCard International


“His blueprint for aligning urgent action with a constant focus on strategy will help spur organizations to faster and higher levels of achievement.”
--Leo Mullin, Chairman and CEO, Delta Air Lines


"A must read for any business leader who wants to maximize their effectiveness in today's business environment."
--Edward Cypert, Vice President and Deputy General Manager, TRW Systems


"Martin's book is packed with helpful insights to do the right things to get you through today, to stay alive for a prosperous tomorrow."
-- Don Tapscott, President, New Paradigm Learning Corporation


"A much needed strategic plan for our increasingly chaotic business landscape."
-- Daniel Marovitz, CIO of Corporate Finance, Deutsche Bank

From the Inside Flap

As managers, senior executives, and CEOs all over have painfully discovered, if you don?t manage for the short term, you won?t be around for the long term. Bestselling business author Chuck Martin found that nothing consumes business managers more than how to manage a company in the weeks and months immediately ahead.
As founder of NFI Research, an executive think tank made up of some 3,000 high-level executives at over 1,400 companies, Chuck Martin has interviewed and gathered the results of thousands of management specialists the world over to discover how companies are successfully zeroing in on improving short-term performance, while still balancing these efforts with long-term strategic goals. By looking to managers and executives at companies like IBM, SAP, Deloitte & Touche, Kraft, AT&T, Dow Chemical, and hundreds of others, Martin has uncovered the ?best practices? that help propel short-term performance. Among them:

?Bridging the enormous disconnect between management?s strategic goals and the ability of front-line managers and employees to implement these goals

?Moving even the biggest projects forward incrementally, delivering tangible results at each step along the way

?Putting together time-based and events-based teams that can focus specifically on essential short-term decisions and goals

?Creating incentives to reward short-term results

What Chuck Martin has found is that companies that adopt practices designed to achieve short-term results are usually better positioned to achieve their long-term strategies as well.

A critically important management book that addresses one of the overriding concerns of businesses today, Managing for the Short Term is an essential addition to any manager?s toolkit.


"Managing for the short term is not simply about moving faster. It is about moving smarter. It is about effective implementation and operation within the context of mission and vision. Strategy is implemented through a series of small steps and rapid, short-term decisions within that long-term view. It forces managers to become more effective at achieving the measurable results required by today's climate."
From Managing For the Short Term

Product Details

  • Hardcover: 320 pages
  • Publisher: Doubleday Business (May 21, 2002)
  • Language: English
  • ISBN-10: 0385504357
  • ISBN-13: 978-0385504355
  • Product Dimensions: 9.3 x 6.2 x 1.2 inches
  • Shipping Weight: 1.2 pounds
  • Average Customer Review: 4.7 out of 5 stars  See all reviews (11 customer reviews)
  • Amazon Best Sellers Rank: #2,811,031 in Books (See Top 100 in Books)

More About the Author

Chuck Martin is CEO of Mobile Future Institute and Director of the Center for Media Research at MediaPost Communications. Chuck Martin has been a leading pioneer in the digital interactive marketplace for more than a decade.

He is the author of The Third Screen (Marketing to Your Customers in a World Gone Mobile; Nicholas Brealey May 2011), in which he defines the implications, strategies and tactics for businesses to thrive in this coming mobile revolution. This book links the technological developments to the behavioral changes that go hand-in-hand and reveals the unexpected aspects of the coming changes in mobile, preparing marketers and businesspeople for what is looming in the near future.

The Mobile Future Institute is a U.S-based think tank that focuses on business strategies and marketing tactics for a world gone mobile. Martin is a New York Times business bestselling book author of numerous books, including The Digital Estate, Net Future, and Max-e-Marketing in the Net Future (co-author). He is also a former Vice President of IBM.

 

Customer Reviews

11 Reviews
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Average Customer Review
4.7 out of 5 stars (11 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

14 of 14 people found the following review helpful:
5.0 out of 5 stars The book has immediate practical uses for managers and execs, May 31, 2002
By A Customer
Amazon Verified Purchase(What's this?)
This review is from: Managing for the Short Term: The New Rules for Running a Business in a Day-to-Day World (Hardcover)
Chuck Martin is focused on the real and now. This book is not about pondering philosophical truths or strange occurrences in business. It is about statistics observed in major companies and shows how executives deal with the things that make businesses run, grow, and fail. Managing for the short term helps executives and managers align themselves in a practical way through viewing the organization and oneself. To me, it is a business guide and reality check. I can use the book as a "consultant in print" to modify the way I work and direct my company.

Chuck may be the Sun Tzu of practical business management for 2002. The book's chapter 7 fortifies the value proposition in my company's strategic plan for supporting corporate communications services. Well done. Read it and do something to make your organization more effective today.

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14 of 15 people found the following review helpful:
5.0 out of 5 stars Like talking directly to the C-Suite, June 15, 2002
By A Customer
This review is from: Managing for the Short Term: The New Rules for Running a Business in a Day-to-Day World (Hardcover)
I once had the pleasure of being seated next to one of the nation's best known pollsters on a long flight. It was a wonderful conversation, like talking to "America." Reading Chuck Martin's new book is like that too. He has surveyed and visited with so many senior executives while researching this book, and presents the results with a killer reporter's writing skills. You feel like you are talking directly to the global C-suite, getting their very personal perspectives on managing for the short term.

The outcome is a book that is perceptive and practical, and completely real-world. I found the communications chapters alone worth the price of the book. The same could be said about the section on self-management, and other sections as well.

What is this book really all about? You'll know when you get to Martin's Law of Expanding Immediacy. If you're feeling busier today than you were yesterday, this is why.

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13 of 15 people found the following review helpful:
5.0 out of 5 stars Book far better than the title, June 20, 2002
By 
Steve Larsen (San Francisco, CA) - See all my reviews
This review is from: Managing for the Short Term: The New Rules for Running a Business in a Day-to-Day World (Hardcover)
I almost didn't read this book because of the title, but being a big fan of Martin's previous books, I gave it a try anyway. Good move, as it turns out. The title can be deceiving because the book is REALLY about tying the short and the long term together. It shows how to make what sometimes seem to some of us like meaningless day-to-day activities at the office fit within an organization's strategy.

It really brings home for me the major disconnect inside organizations, from what executives pronounce vs. what managers hear. It shows how to close those gaps by getting execs to spend more time inside the company, with the managers!

You can't get more practical than this. There must be a hundred managers quoted about how they run their departments and their companies (as well as themselves).

It's great to get a book that rather than being filled with ponderous theories, is filled with practical insight from executives and managers on the front lines - these are the guys who are really doing it and makes it a great read.

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Inside This Book (learn more)
First Sentence:
Work today is like a perpetual motion machine set on fast forward. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
verbatim comments from respondents, incremental forward motion, managing for the short term, voices from the front lines, members about meetings, corporate truth, street truth, quarterly projects, gaming behavior, institute survey, items managers, global survey, reactive decisions, strategic competitive advantage
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Wall Street, Consumers Union, Exeter Health Resources, North America, Great American, Guy Gray, Kraft Food Service, Delta Air Lines, New York-based
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