What the CEO Wants You to Know : How Your Company Really Works
by Ram Charan
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What the CEO Wants You to Know takes the mystery out of business and shows you the secrets of successHave you ever noticed that the business savvy of the world's best CEOs seems like a kind of street smarts? They sense where the opportunities are and how to take advantage of them. And their companies make money consistently, year after year.
How different is it to run a big company than to sell fruit from a cart or run a small shop in a village? In essence, not very, according to Ram show more Charan. From his childhood in India, where he worked in his family's shoe shop, to his education at Harvard Business School and his daily work advising many of the world's best CEOs, Ram understands business as few can.
The best CEOs have a knack for bringing the most complex business down to the fundamentals—the same fundamentals that are used to run the family shoe shop. And, they have business acumen—the ability to focus on the basics and make money for the company.
What the CEO Wants You to Know captures these insights and explains in clear, simple language how to do what great CEOs do instinctively and persistently:
* Understand the basic building blocks of a business and use them to figure out how your company makes money and operates as a total business.
* Decide what to do, despite the clutter of day-to-day business and the complexity of the real world.
Many people spend more than a hundred thousand dollars on an MBA without learning to pull these pieces of the puzzle together. Many others lack a formal business education and feel shut out from the executive suite. What the CEO Wants You to Know provides you with the universal laws of business success, no matter whether you are selling fruit from a stand or running a Fortune 500 company. show less
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Presents the fundamentals of business, but speaks directly to the employee instead of the owner.
Charan does a great job summarizing the fundamentals of business into 4 building blocks: customers, cash generation, return on invested capital, and profitable growth. For a typical employee who has never stopped to think beyond his/her role, this is a great intro
However, beyond a rudimentary understanding of business, I'm not sure this is enough to change employee mindset or help them apply it in real life. Charan did include several chapters to talk about execution and real-world application, but I found those way too vague and theoretical to be truly useful.
So, this is probably a nice reference for anyone who's never really thought hard show more about their company or business in general. And since it's relatively small and easy to read, it's not intimidating at all to refer to employees. Just not convinced it will really change behaviors in the real world.
What it covers:
• The 4 fundamental building blocks for any business, regardless of the size, type or industry: customers, cash generation, return on invested capital, and growth;
• How to combine the 4 building blocks to see the full picture of how an organization is doing; and
• How to apply these insights in real life to cut through real-world complexities, generate wealth for shareholders, achieve superior execution, and expand the company’s capacity.
Book summary at: Book summary at: https://readingraphics.com/book-summary-what-the-ceo-wants-you-to-know/ show less
Charan does a great job summarizing the fundamentals of business into 4 building blocks: customers, cash generation, return on invested capital, and profitable growth. For a typical employee who has never stopped to think beyond his/her role, this is a great intro
However, beyond a rudimentary understanding of business, I'm not sure this is enough to change employee mindset or help them apply it in real life. Charan did include several chapters to talk about execution and real-world application, but I found those way too vague and theoretical to be truly useful.
So, this is probably a nice reference for anyone who's never really thought hard show more about their company or business in general. And since it's relatively small and easy to read, it's not intimidating at all to refer to employees. Just not convinced it will really change behaviors in the real world.
What it covers:
• The 4 fundamental building blocks for any business, regardless of the size, type or industry: customers, cash generation, return on invested capital, and growth;
• How to combine the 4 building blocks to see the full picture of how an organization is doing; and
• How to apply these insights in real life to cut through real-world complexities, generate wealth for shareholders, achieve superior execution, and expand the company’s capacity.
Book summary at: Book summary at: https://readingraphics.com/book-summary-what-the-ceo-wants-you-to-know/ show less
A very easy read and helps cut the mystique around driving a business unit. Simplified business leadership, very jargonless.
Loved this book. I've never been a business guy, I've always been a people guy. This book finally tied together some ideas I had about the way business works in a very easy to understand and concise manner.
The second book that I've read from the Personal MBA book list. A very quick and easy read. He does a good job of simplifying the material. Shouldn't be too much of a suprise for people that have been in the professional world for a couple of years. It is a good overview of the things you're likely to encountar in a business environment.
A very good quick read. Really brings fundamental concepts together quite well. Very easy to understand. Really interesting insight from a Vendor point of view. I recommend.
Written for employees to help them see the big picture of how a company works. Great for concepts of Cash, Margin, Velocity, Growth and Customers. These are perennial themes of Charan's. He explains them well and they are useful for Enterpreneurs
The perfect book for knowledge workers, new managers, or middle managers to understand what drives their CEOs behavior and priorities. This book helps you understand the key business objectives, giving you ideas on how to align your work or department to these objectives and priorities.
http://smartlemming.com/2009/05/flatten-your-learning-curve-read-the-classic-bus...
http://smartlemming.com/2009/05/flatten-your-learning-curve-read-the-classic-bus...
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48+ Works 4,849 Members
Ram Charan has been an advisor to CEOs & senior executives of many Fortune 500 companies including General Electric, DuPont, Citigroup, Ford & Allied Signal. Earlier in his career he was on the faculty at Harvard Business School & Northwestern University. (Bowker Author Biography)
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Common Knowledge
- Canonical title*
- La grammatica del manager. I concetti chiave per conoscere il business e imparare a pensare come i "numeri uno" delle aziende di successo.
*Some information comes from Common Knowledge in other languages. Click "Edit" for more information.
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- Reviews
- 8
- Rating
- (3.42)
- Languages
- 5 — English, German, Italian, Portuguese, Spanish
- Media
- Paper, Audiobook, Ebook
- ISBNs
- 18
- ASINs
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