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Rethink, Reinvent, Reposition: 12 Strategies to Renew Your Business and Boost Your Bottom Line Paperback – June 18, 2010
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Top Customer Reviews
Business renewal is an exceedingly important topic these days. The economic upheaval we've experienced in recent years has made it nearly impossible for companies to coast. Strategic bumbling can no longer be masked by perpetually rosy conditions. The consequences of tactical miscalculations are magnified tenfold. As a result, many companies are faced with an unfamiliar situation: sink or swim. For companies in that situation, this book can really help.
Hopf and Welter provide step by step instructions for guiding a management team through the business renewal process. They address the big strategic questions as well as delve into the real life tactical issues that are bound to crop up in any project of organizational change. The authors present 12 distinct renewal strategies, each shaped to address a particular set of organizational conditions. There really is something in this book for everyone.
Here are some things I really liked about the book. First, it's written in plain English. You don't need to be a professor or have a business jargon decoder in hand to understand what the authors are talking about (although it's obvious the authors themselves know exactly what they're talking about). Second, the book is loaded with real examples of business renewal at work, most of which will be immediately recognizable to any business reader.Read more ›
It avoids mathematics and analytics but is an excellent description of the decision analysis process applied to a difficult problem. The process of renewal is a complex one involving not just the brainstorming and analysis of opportunities, but also working with the emotions of all the people involved, inside and outside the organisation, and often deeply ingrained culture. Hopf and Welter offer 12 templates for strategic choices to start one thinking and then go on to provide an outline of the steps to make and embed the decisions whether and how to renew the business, and to start the process of making it happen.
The book is highly practical, with lots of lists of things to do and think about, and traps to avoid. It also has lots of case studies stretching back over a century. The only slight drawback is that not all the case studies are listed in the index, so I am going to have to reread the book (probably not a bad thing) and take notes. I'd like to be able to quote some of the examples in my own work with clients.
In these difficult economic times, where maybe it's not decline but survival that is at stake, following the advice in this book can be a business lifesaver.
Most Recent Customer Reviews
it's a book. easy to read and it might encourage you to think, but it's really up to you.Published 6 months ago by Ray Han
"Massive renewal may be 'heroic,' but on-going renewal is smart." This is an essential insight in the book and if a business leader takes it to heart, this book provides... Read morePublished 22 months ago by linda galindo
This book is filled with highly useful advice, practical models and challenging questions. Anyone facing the challenges of a maturing product or service will find enormous value... Read morePublished on July 3, 2011 by John
RETHINK, REINVENT, REPOSITION is a quick read for all business professionals - whether you are in government or outside industry. Read morePublished on November 3, 2010 by rcdsmith
Leo Hopf & William Welter have written an outstandingly, informative book that presents concepts and required actions in a most clear, direct and easy to read manner. Read morePublished on October 6, 2010 by Donald C. Strauss
Business renewal is not just another management fad. For many businesses today, renewal is essential for survival. Read morePublished on September 28, 2010 by BE Rob
This book presents a thoughtful approach for instituting change in any organization. Although the book falls in the category of Business Strategy, the brainstorming and... Read morePublished on August 9, 2010 by Lisa Tibor
There are plenty of books about business strategy, but not many that focus on identifying and implementing strategies for renewal in the mature phase of the lifecycle of a... Read morePublished on July 29, 2010 by John Gibbs