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Book Review: The New Corporate Facts of Life
October 22, 2014 | Dan Beaulieu, D.B. Management GroupEstimated reading time: 1 minute
A book recommendation from Dan BeaulieuThe New Corporate Facts of Life: Rethink Your Business to Transform Today’s Challenges into Tomorrow’s ProfitsBy: Diana RivenburghCopyright: 2013, AmacomPrice: $27.95Pages: 244 with Notes and Index
It’s a new day out there.
If you're doing the same things that you’ve always done in the same way you've always done them you're doomed to fail says author Diana Rivenburgh. The world changes and it's your job to change with it.
In this new and exciting book, Rivenburgh lists seven factors that must be considered to run a successful business today and into the twenty-first century. They are: Disruptive innovation, economic instability, environmental degradation, increasing stakeholder power, societal upheaval, globalization, and population shifts. These are the basis on which any successful business strategy and philosophy should be based. These issues must not only be addressed, but taken into serious consideration at all times.
Rivenburgh takes the reader through a series of pertinent topics, from creating a compelling vision to mapping your strategic journey to designing a resilient organization, to show you how to use the seven factors with specific business disciplines.
Through carefully chosen and insightful examples, the reader learns how other successful companies have gone through the process to emerge as stronger, more resilient companies completely armed to face the future.
This book is not filled with theories, but with very real examples that illustrate and prove that these changes in the business/global environment are evolving and what we must do to ensure companies--both large and small--are able to evolve along with them.
This book is basically a survival manual for the twenty-first century written by someone who has spent hours interviewing company leaders and writing down their real life company experiences to pass them on to us.
I predict that, 20 years from now, we will look back on this book in the same way we look back on In Search of Excellence and Megatrends today. You don’t want to miss it.