- Hardcover: 148 pages
- Publisher: Advantage Media Group (October 28, 2016)
- Language: English
- ISBN-10: 1599327635
- ISBN-13: 978-1599327631
- Product Dimensions: 6.2 x 0.5 x 9 inches
- Shipping Weight: 12.8 ounces (View shipping rates and policies)
- Average Customer Review: 7 customer reviews
- Amazon Best Sellers Rank: #3,695,694 in Books (See Top 100 in Books)
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Surviving The Business Storm Cycle: How To Weather Your Business's Ups and Downs Hardcover – October 28, 2016
About the Author
Dave Hopson, PhD, serves as managing partner of the information technology consultancy at Triumphus. Since 2007, Dave has been providing the leadership and innovation required for companies to achieve a return on investment from major programs, process reengineering, and mergers and acquisitions. Before entering his role at Triumphus, Dave served as team leader for the USMC 3rd Recon, specializing in antiterrorism, hostage rescue, and special-ops logistical planning, after which he received his BS in political science from Sam Houston State University. Furthering his education, he went on to receive a master of arts in international studies (MAIS) and PhD in international relations/econometrics from Claremont Graduate University―all qualifications that fit aptly in with his passions of economic empowerment, human rights, politics, and science and technology. With his team at Triumphus, Dave is able to bring CIO-level experience to companies to lead programs for consolidation, process amalgamation, and change agents.
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Author Hopson, begins by showing you how to invest in people, process, and technology simultaneously, which will allow you to survive the business storm cycle, so that it keeps turning around through all of its phases, to allow your company to not only survive but thrive. In addition, he explores the business growth cycles of new products; but, not just the products themselves, but the businesses that make those products and how a new product affects the growth of a business. The author also suggests that agility and enthusiasm are typical of a company in its entrepreneurial phase. Then, he continues by discussing how quantitatively, the acceleration-transition point can be determined through a function that identifies the point where the rate of revenue increasing is doubling the rate of cash flow increasing. The author then explains how the deceleration-transition point can be found quantitatively, by using a function that shows where production is rising at the same rate as revenue, while productivity is falling at the same rate as the net margin is falling. Next, he shows you during the consolidation phase, how your job as a leader, will be to get your company ready for the next disaster. In addition, the author discusses that once you have your processes and people where they need to be, that now, you can define what technology you have and what technology you need. Finally, the author advises that you hire a person or a firm that specializes in business transformation to guide you through the Business Storm Cycle.
In this excellent book, the author has offered you a model that will allow you to use Cycle Theory to better understand your business. The goal of the author (of this great book) is that you’ll be able to use the model to help you identify problems, rather than symptomsand then take action!
As anyone who has ever been in business knows, business goes in cycles. Sometimes the cycles are affected by the economy and sometimes by other factors. But cycles are going to happen.
Dave Hopson first describes the normal business cycle. Then, he explains how to prepare for them and things he has done in the past to help weather the storms. You won’t find any magic bullet in Surviving the Business Storm Cycle, but you will find ways to identify the cycles and how to plan for the next phase.
We give the book Surviving the Business Storm Cycle all five stars on our scale of zero to five stars. We think it is well-written and informative. We think such a book that was written by a real life Marine, who has been in the trenches both literally and figuratively, is the best tool a business person can have in their tool belt. Note, we said tool belt and not toolbox. The tools in your tool belt are more useful to you than the ones in your toolbox.