Summary of Outsmart!

Jim Champy

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Rating

8 Overall

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7 Innovation

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Recommendation

Is your company an “incumbent” firm, stuck in the mud and going nowhere? Or is it a bold, visionary enterprise, able to see and exploit new business opportunities that incumbent firms miss or are too frightened to pursue? In his new book, business guru Jim Champy, co-author of Reengineering the Corporation, discusses how visionary “smart firms” seize the future while incumbent firms let it pass them by. Even while cautioning that surely some middle ground exists, getAbstract warmly recommends this book, and its fascinating case histories. You’ll want to read it if you are responsible for strategy and growth at your firm.

In this summary, you will learn

How bold “smart firms” differ from timid “incumbent firms”;
How specific smart firms developed thriving new businesses or improved old ones; and
What valuable lessons you can derive from smart firms.

About the Author

Jim Champy also wrote Reengineering the Corporation: A Manifesto for Business Revolution. He helped create and popularize business process re-engineering and develops strategy for Perot Systems consulting practice.

Summary

Carpe Diem!
New business opportunities abound. Global markets are rapidly expanding. The Internet puts companies in touch with the whole world. For business leaders, the crucial step is being able to see the special opportunities that now exist and being able to exploit them quickly...