The Attackers Advantage by Ram Charan

THE ATTACKERS ADVANTAGE

        
Ram Charan

  Strategy, Competition

Read and download book summaries of The Attackers Advantage
Join the discussion on The Attackers Advantage at MBA Shots.


Login to join the discussion

The Attackers Advantage Summary by hello mba Shots

Learning the art of turning uncertainty to your advantage

 

The aim of this book is to help understand and respond with appropriate action in today's fluid and uncertain business environment. Author Ram Charan elucidates from several interviews of effective individuals who are champions of recognizing uncertainty and making a profit out of it. Charan offers practical advice instead of just dull abstract theories.

 

Dealing with uncertainty lies in leadership:

  • As we continue to progress in time, the world continues to get more uncertain and is hurdles with various threats. The global financial system requires reform.
  • The rise of new competitors from unexpected places is reshaping and changing the landscape of how business works today.
  • Radical change today is qualitatively different from before. Structural uncertainty has the capacity to change the market completely in the blink of an eye.
  • Today leaders struggle with developing specific situational guidelines for dealing with uncertainty.

 

Foreseeing Uncertainty:

One must anticipate change and see uncertainty becoming. This mindset has five key components:

  1. Perceptual acuity: Embrace change. Strive to grow mentally and psychologically ready. Learn to look ahead, pay close attention and understand the activities you observe. Be on the lookout for symptoms of threats and disturbance. Some individuals have innate perceptual acuity, but one can always develop and improve it.
  2. Seeing the opportunity in uncertainty: Powerful modern leaders recognise the opportunity in these uncertainties. When you notice an opportunity, lead your organization through it.
  3. Seeing a path and committing to it: Once you identify the opportunities, distinguish a path that points to them. Doing this demands hard choices to be made, like withdrawing from core business activities because you observe the shift in the market.
  4. Managing changes properly: Exploring a new path requires significant personal and organizational reforms. Leadership needs to acquire skills to handle these shifts and allow for a smooth change for the organization and its stakeholders. 
  5. Make your organization agile: For an organization to move, and move fast, it must be agile. Join staff responsibilities to the outside world and form metrics that lead employees in the actions you need them to take.

 

COMMENTS ( 0 )       LIKES ( 0 )



Other books being discussed on MBA Shots


Think and Grow Rich
Made To Stick - Why Some Ideas Survive and Others Die
Be obsessed or be average
Alibaba - The House JAck Ma Built
Skin In The Game - Hidden Asymmetries in Life
Atomic Habits
Built to Last
The Attackers Advantage
The Everything Store: Jeff Bezos and the Age of Amazon
The Google Way
The CEO Factory
The Amazon Management System
And many more.     Join the discussion, today !




MBA Shots has been crafted for you ...


for Professionals

Uplevel your career. Understand how to navigate business challenges.

for Entrepreneurs

Journey of Zero to One is challenging. Take some sherpas along.

for MBA Students

Supplement theory with practice. Stand out during interviews .



... with three focused tracks


Business Basics

E.g. - Pricing, Driving growth, Branding, Product Management, Competing Vs Partnering

Leadership Lessons

E.g. - Building teams, Designing culture, Coaching young managers, Recruiting as a superpower

Personal Progress

E.g. - Career paths, Relaunching my career, Designing a development plan, Managing Reviews