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Books : Conquering Complexity in Your Business: How Wal-Mart, Toyota, and Other Top Companies Are Breaking Through the Ceiling on Profits and Growth

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by: Michael L. George, Stephen A. Wilson

 : Conquering Complexity in Your Business: How Wal-Mart, Toyota, and Other Top Companies Are Breaking Through the Ceiling on Profits and Growth

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Binding: Hardcover
Dewey Decimal Number: 658
EAN: 9780071435086
ISBN: 0071435085
Label: McGraw-Hill
Manufacturer: McGraw-Hill
Number Of Items: 1
Number Of Pages: 336
Publication Date: May 01, 2004
Publisher: McGraw-Hill
Studio: McGraw-Hill
Sales Rank: 415658




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Editorial Review:

Product Description:
Conquering the complexity in products and services can generate larger contributions to profits and growth than nearly any other business strategy



Here's a guarantee: Somewhere in your business, there is too much complexity. You may also be losing out by having too little complexity where it counts - in the products, services and options you offer to customers. Either way, the impact of complexity is enormous in terms of lost profit and missed growth opportunities.



Conquering Complexity in Your Business shows how to break through the ceiling on profits and growth by implementing the three rules for conquering complexity:
  • Eliminating complexity that customers will not pay for
  • Exploiting the complexity that customers will pay for
  • Minimizing the costs of the complexity you offer


You'll find methods and tools you need to:
  • Identify the offering and process complexity in your business
  • Quantify the impact of that complexity
  • Decide which complexity you want to keep and which to eliminate
  • Select specific approaches to eliminate different kinds of complexity

    This knowledge will significantly improve your ability to grow profit, revenue, and shareholder value.





    Customer Reviews
    Average Rating:  out of 5 stars

    Rating: 3 out of 5 stars - It's an interesting approach for identifying opportunities
    As the Six Sigma and Lean practice areas mature, the challenge is to discover new ways to apply these methods. Michael George proposes that an analysis that looks at complexity of a business is a way to identify areas of opportunity for improvement. The method is based on some patented equations that attempt to put numerical values on a company's complexity. When the complexity is calculated, and is found to be out of balance with the company's strategic direction, then action can be taken using ... Read More



    Rating: 5 out of 5 stars - When Less Is More
    This is an amazingly revealing book about the dangers of complexity that is not consciously managed. And just what does managing comlexity entail? I the authors' words, it means

    - Eliminating complexity that customers will not pay for
    - Exploiting the complexity customers will pay for, and
    - Minimizing the cost of the complexity you offer

    In part 1 the case is made for conquering complexity in your business' portfolio (number of offerings) and processes (number ... Read More



    Rating: 5 out of 5 stars - Insightful Business Analysis
    This book, like the others in the series by Mike George (Fast Innovation, Lean Six Sigma) is right on target. The examples clearly show how complexity clutters business operations, products and decision making, thus reducing economic performance and shareholder value. The rigor (and mathematics)used to support and analyze the assertions is insightful and reinforces what is intuitively obvious when you understand their thesis. This is an important book for executives that would proabably be much more ... Read More



    Rating: 5 out of 5 stars - Compelling Business Case for Conquering Complexity
    I found Conquering Complexity provides an excellent framework and lays out a compelling business case for why and how you should focus on complexity.
    This is the best guide out there in terms of a comprehensive approach to identify, quantify and attack complexity. The book is a very practical and pragmatic read with a wealth of real world examples and illustrations that reinforce concepts layed out in a logical sequence.
    In researching a number of books though there are many that contain ... Read More



    Rating: 4 out of 5 stars - Practical way to determine complexity
    Businesses talk about reducing complexity but have trouble determining it and simplifying it.

    The books provides a roadmap and technique that organizations can use to identify the bad compelxities that customers will not pay for. The book goes further and identifies possible solutions with a plethora of real life examples that make the theory easy to understand and apply



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