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The Momentum Effect
Book

The Momentum Effect

How to Ignite Exceptional Growth

Wharton School Publishing, 2008 mais...


Editorial Rating

6

Qualities

  • Comprehensive
  • Analytical
  • Scientific

Recommendation

Apple’s customers love its products. They line up overnight to be the first to buy its newest offerings. They form user groups, becoming Apple “tribe” members. With such loyal customers, Apple has attained self-sustaining business momentum. How did it achieve this rank? Do its managers spend their time slashing costs? No, Apple’s leaders focus on developing products that people feel they simply must have. In this carefully conceived, comprehensive book, business professor and consultant J.C. Larreche examines the way firms that have such momentum gain it and sustain it. The book is dense and it uses a fair dose of jargon to convey the power of momentum. Yet, Larreche’s lesson that product quality and customer satisfaction (or, better, adoration) are the roots of momentum comes through clearly. It might cross your mind that if you could create products that engender as much devotion as the iPod, well, you already would have done it. This book sets out to show you how. getAbstract recommends this treatise on innovative, customer-driven products and services to executives who want to pump up their products and their sales.

Take-Aways

  • Business leaders must set their sights high. Aim for spectacular growth and profits.
  • Such growth requires momentum, which comes from great products and services that consumers love.
  • Many companies focus too much on cost cutting instead of concentrating on researching and developing better products and services.

About the Author

J.C. Larreche holds the Alfred H. Heineken Chair at INSEAD. He is a consultant to numerous global Fortune 500 corporations and the founding chairman of a strategic development consultancy firm.


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