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If you have missed this basic fact, do read this book, it explains in rather boring terms why it is so.
Personally I think they put to much emphasis on time as a competitive advantage, and tend to disregard other factors, equally important. A more relevant reading would in my opinion be D'Aveni's Hypercompetition, that takes the concept to its logical conclusion, which Hoult and Stalk misses.
Unfortunately, neither of the authors are very entertaining writers, especially as this book is usually mandatory/recommended reading in most MBA classes on strategy.
In conclusion, good, once revolutionary, but today mostly over-rated.
Many companies have had trouble implementing this concept in the way it is articulated. They simplify their process, but may not improve it. This may mean that new products arrive in the market that are not really ready for the customers. That can be all right if you can quickly fine-tune the products in beta tests and the customers have that expectation because you are giving them so much benefit anyway. If you do this with me-too products that don't work, the results can be disastrous in terms of damage to your company's reputation and customer relationships.
The authors do not spend enough time on helping people understand how to improve their processes, and how to create more speed without killing stress on the people involved. For many companies, this book can be dangerous. I think this book could use a new edition that would address these two areas in more detail.
On the other hand, if you have any doubts about the potential benefits from speedier action, you should read this book. It will change your mind using excellent examples.
Have a speedy read!
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Move over Bill Henderson, Katrina Keneson, and Larry Dark. Watson's in the house!
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One of the things I especially appreciated was the writer explaining just how George Washington became involved with the colonial goverment, so that he was ever asked to be involved in the political situation of the time. Not many books make this clear.
The book not only covers George Washington, but also hits upon the politics of the time and many other important people involved during this exciting historical period.
I am glad I read the book and I recommend it to others. This is an especially good book for those with little knowledge of George Washington's involvement with the British government and the politics of the French and Indian War.
The book first gives a background on an adolecent Washington and his boyhood adventures as a surveyor in western Virginia. We learn how he grew up admiring the wealth and lifestyle of his aristocratic neighbors, the Fairfaxes, and how he began a long journey to emmulate them and to be a part of their privileged world. However, Washington's own ambitions pull him in other directions as he becomes deeply involved in the brewing storm of events that would culminate with the conflict with the French and Indians over posession of the Ohio Country and the Trans-Allegheny region. We follow Washington as he attempts to make a name for himself with the Governor of the Virginia colony by accepting a mission to deliver a message to the French army marching south from Lake Erie to the Forks of the Ohio River. This single event pushes Washington from the "shadows of an ordinary life" onto the stage of history. We see as Washington botches his attempt to protect the Forks from a French invasion at Fort Necessity and his anger at his own failure to not only obtain a royal commision in the British army, but to even obtain a victory in battle. Lewis details Washington's involvment in the war from Braddock's disasterous campaign against Fort Dusquene in 1755 to his ultimate anti-climactic success at the end of the long and muddy Forbes' Road in 1758, after which Washington retires from public service to return to the simple life of a farmer forever.
I also enjoyed Lewis' attention to the background of the struggle that served as the forge of experience for young G. W. Here we are exposed to the details and origins of the problems with not only the French, but particularly the Indians living in the Ohio Country and the singularly important role they played and the failure of Washington, or any other whitemen, to grasp that importance. This is evident in both Washington's and Braddock's terrible defeats in the early war years. Lewis gives us fascinating accounts of Washington's peers, his allies, enemies. These are men like Ohio Company scout Christopher Gist, The Seneca chief Tannacharison (Half-King), friend and neighbor George Fairfax, and others. In the end Washington would emerge older and experienced from a bloody conflict prepared to take on an even greater leadership role in another later fight in the not too distant future. A great book that I highly recommend.
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However, I found that the secular data, AD2000 on Thailand is a bit out of date, especially concerning the Government, the Legislature and the Political divisions (which should be 73 provinces instead of the 7 provinces published)
I also found the number of Christians in Thailand a bit too exagerated, especially the number of crypto-Christians (at 570,000 in mid-2000), Independent Christians (at 735,801) and Protestants (at 303,000).
The number of Catholics (at 255,000) and Anglicans (at 465) in Thailand in mid-2000 are quite accurate.
There should also be more frequent updates.