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Profit Power Economics: A New Competitive Strategy for Creating Sustainable Wealth 1st Edition

5.0 out of 5 stars 4 customer reviews
ISBN-13: 978-0195171631
ISBN-10: 0195171632
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Editorial Reviews

Review


"Fascinating...a very stimulating read, whether you are a business manager or someone trying to figure out the best career path."--Michael Mandel, Chief Economist, BusinessWeek


"Backed by real and path-breaking economics but also full of practical implications, this fresh approach to building exceptionally successful companies will be useful to business leaders, investors, and strategists."--Jim Lawrence, Chief Financial Officer, Unilever


"Profit Power Economics drives to the core of the key strategic challenges that confront businesses in a rapidly mutating global economy. It informs us why an abundance of information has not prevented crucial shortages of understanding."--Charles V.A. Collyns, Deputy Director, Research Department, International Monetary Fund


"All serious students of strategy should read Profit Power Economics and grasp these big new ideas from Mia de Kuijper. Her concepts of transparency and power nodes are vital as business navigates new organizational forms in this era of more and better information. And her rich examples offer powerful testimony to these fascinating ideas. Profit Power Economics will create quite a stir in strategy thinking."--Glenn Hubbard, Dean and Russell L. Carson Professor of Finance and Economics, Columbia Business School


"A thoughtful and provocative book. Mia de Kuijper presents compelling ideas on the role of today's more complete, more immediate, and very cheap information, and how it still does not lead to rational decision making and perfect markets." --Arie de Geus, Former Corporate Planning Director, Royal Dutch Shell, author of The Living Company


"Profit Power Economics is extremely well written and nicely focused. I am guessing that the corporate world will find this very interesting."--Benjamin M. Friedman, William Joseph Maier Professor of Political Economy, Harvard University, author of The Moral Consequences of Economic Growth


"Based on research and illustrated with lively lessons from the experiences of the author and other successful investors and leaders, Profit Power Economics draws a detailed picture of the new competitive arena and gives readers a step-by-step aproach to build (or find) exceptionally high-return enterprises."--The Daily Star, Bangladesh


About the Author


Mia de Kuijper is CEO of strategy advisory firm de Kuijper Global Partners, and a Dean of the Duisenberg School of Finance, Amsterdam. She has held senior positions on Wall Street as well as at Royal Dutch/Shell, AT&T, and PepsiCo.
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Product Details

  • Hardcover: 320 pages
  • Publisher: Oxford University Press; 1 edition (November 20, 2009)
  • Language: English
  • ISBN-10: 0195171632
  • ISBN-13: 978-0195171631
  • Product Dimensions: 9.3 x 1.1 x 6.3 inches
  • Shipping Weight: 1.2 pounds (View shipping rates and policies)
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (4 customer reviews)
  • Amazon Best Sellers Rank: #2,425,370 in Books (See Top 100 in Books)

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By Brian Mulconrey on March 20, 2010
Format: Hardcover
Remarkable! I read "Profit Power Economics" several weeks back and had intended to write a review just after finishing it. But I found myself struggling to come up with the words to convey the importance of this work. Mia de Kuijper's "Profit Power" may be the first business book that I've ever read where I was able to profit from the ideas in the book within a few days of reading it. I was able to rapidly parse the power nodes of a potential partner and identify an entirely new business opportunity that I'm pretty sure I would never have seen without the new insights provided by "Profit Power Economics."

I've tried to identify what it is about the book that is truly remarkable and what I've finally landed on is Dmitri Mendeleev, the inventor of the Periodic Table of the Elements. Mendeleev's great insight was that there was a "structure" to the elements. Once he recognized that structure, he took the known elements at the time and put them in a table. The controversial property of Mendeleev's table is that it had missing cells that "predicted" new elements. But, within a few decades, the blanks had been filled in by the discovery of new elements and the table continues to serve as an indispensable scientific tool.

In reading de Kuijper's book, you'll find many of the concepts very familiar. What she has done is to provide us with a "structure" for thinking strategically about the "power nodes" (e.g., brand power, distribution gateways, customer base with switching costs, etc.) that either exist or can be created in our businesses. She then walks through how we can use these power nodes to generate extraordinary profits for our partners, shareholders, and employees.

The book starts with an analysis of how today's environment with near perfect information is producing results contradictory to those predicted by classical economic theory and how this difference is vitally important to strategic thinking in the early 21st century.
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Format: Hardcover
Lots of good ideas here for anyone working in the strategy or investment field (or thinking of doing so!). Finally, some good strategic/economic analysis that has both the substance you'd want as an "economics" book but is written in a non-technical manner with lots of actual company examples, action plans, and plain down-to-earth advice. It's also just published, so current with today's environment. You have to do some work to extend these ideas to your company or investment situation, but, hey, that's where it gets interesting and hopefully profitable! A real thought-starter!!
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Format: Hardcover
I stopped reading business books many years ago because I found them, almost without exception, to be magazine articles on steroids. The
authors had seven to ten pages that perhaps were worth reading and then hundreds of pages of case histories tortured to fit their model.
Profit Power is a graduate course in how to both think and act - a powerful (to borrow that word) combination. I found important
new ideas on almost every page.Profit Power Economics: A New Competitive Strategy for Creating Sustainable Wealth
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Format: Hardcover Verified Purchase
I have no formal training in business and have learned as I go. Of all the books I've read on any topic, this one is the most practical and applicable.
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