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Why We Buy: The Science Of Shopping

Paco Underhill

Why We Buy: The Science Of Shopping Paco Underhill List Price: $25.00
By: Simon & Schuster
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Customer Reviews:
Total reviews: 146 Average rating: 3.5 of 5

Editorial Review:

Why We Buy is a witty and surprising report on our evolving shopping culture. This is a book about us, from moms and dads to seniors and mall rats, and what we do, and don't do, in stores, restaurants and showrooms.

Why We Buy is about the struggle among merchants, marketers and increasingly knowledgeable customers for control. With humor, insight, anecdote and lots of hard data, retail anthropologist Paco Underhill leads the reader through a journey into shopping heaven and hell. For those in retailing and marketing, Why We Buy is a remarkably fresh guide, offering concrete and usable advice on how to adapt to the changing customer. For the general public, Why We Buy is a charming, funny and sometimes disconcerting mirror of who we really are.

Underhill and his company, Envirosell, are credited as being the founders of the science of shopping. For almost two decades, Underhill has been leading blue-chip clients into the retail trenches. Like a modern-day Margaret Mead observing at the local mail, Underhill's firm records and measures with great precision what goes on in stores as we wander or rush about, find what we want and sometimes do the unexpected. From base camps in New York City, Milan and Sydney, Underhill and his colleagues follow in person and on videotape between fifty thousand and seventy thousand shoppers a year through their retail experiences in stores, banks and public offices. (They record some twenty thousand hours of what Underhill reports to be generally some of the most profoundly dull videotape imaginable.) Why We Buy explains how consumer and retail marketing has gone from being a war to being a bar fight, an environment in which Coke is competing not only with Pepsi, but with every other product on promotional display.

The marketing tools the retail and package-goods industries have built over the past century no longer work as well as they used to. The gender models that have driven stores and designers have become increasingly obsolete; there is a reason why the Jeep Cherokee comes with a makeup mirror on the driver's side. With wry humor, Why We Buy looks at men trying to buy gifts in lingerie stores and women struggling for attention, service and respect in car dealerships and technology stores. It reveals how men are more promiscuous buyers and softer touches for children, as well as how a woman will spend even longer in the aisles if she is with a woman friend.

In Why We Buy, Underhill explains why we do what we do, notice what we notice, ignore what we ignore and buy what we buy. He tells us, for instance, why women won't linger to shop in narrow aisles, why the Internet cannot replace the shopping mail, how hardware stores are learning to adapt to women and how men are beginning to shop like women, how working women have altered the way supermarkets are laid out and why the person in charge at a branch bank sits at the desk farthest from the front door.

Paco Underhill's Why We Buy amuses and instructs, and it will change forever the way you look at stores and at yourself.

Mastering the Rockefeller Habits: What You Must Do to Increase the Value of Your Growing Firm

Verne Harnish

Mastering the Rockefeller Habits: What You Must Do to Increase the Value of Your Growing Firm Verne Harnish Amazon Price: $16.47
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By: Select Books (NY)
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Customer Reviews:
Total reviews: 29 Average rating: 5.0 of 5

Editorial Review:

Business guru Verne Harnish's firm Gazelles has brought hundreds of businesses to fast-growth profitability. Now he shares entrepreneurial secrets in this must-read business primer. Harnish has discovered John D. Rockefeller's underlying strategy. Further study uncovered three winning habits:

*Priorities: A few rules remain consistent with a firm's core values and long-term goal. Others change regularly -- what Harnish calls the Top 5 and Top 1 of 5.

*Data: Key metrics should be measured over time (Smart Numbers); short-term metrics provide a tighter focus on an aspect of the business (Critical Numbers).

*Rhythm: A well-organized set of meetings keep everyone aligned and accountable.

In addition to case studies, a bonus chapter co-authored by Rich Russakoff reveals winning tactics to get banks in competition to finance your business venture. MASTERING THE ROCKEFELLER HABITS provides necessary tools for making strategically smart decisions and for keeping everyone aligned and accountable to those decisions.

Thinking Strategically: The Competitive Edge in Business, Politics, and Everyday Life

Avinash K. Dixit, Barry J. Nalebuff

Thinking Strategically: The Competitive Edge in Business, Politics, and Everyday Life Avinash K. Dixit, Barry J. Nalebuff Amazon Price: $12.21
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By: W. W. Norton & Company
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Customer Reviews:
Total reviews: 41 Average rating: 4.5 of 5

Shallow analysis of many real life situations 1 out of 5 stars.
0 of 7 people found this review helpful.

I apologize to all those who liked this book, but I felt the authors were playing with a tool that was new to them thinking they had found a "Holy Grail". They sorely missed the critical elements of numerous examples. You cannot break down the Cuban Missile Crisis in to elements of chance nor Ted Williams batting style. Being successful in negotiation or business is based on truly understanding your customer, your vendors and your competition. The Cuban Missile Crisis was a clash of cultures that was solved when protagonists actually talked to each other and realized that they were really on the same page but had stumbled into a situation as a result of years of non-communication. This was not game theory. The solution had nothing to do with odds but had everything to do with Kennedy and Khrushchev coming to know each other and each understanding that the other wanted a non-apocalyptic solution that satisfied each's home political realities. The solution developed over the 13dys and the odds changed drastically as the protagonists communicated. The authors missed in this example and many others the value of dynamic complex person-to-person communication and reduced all to absurdly simplistic discussion of game theory and percentage of outcomes. This book was in short a grave disappointment.
"To a man with a hammer, everything looks like a nail."

On Competition, Updated and Expanded Edition

Michael E. Porter

On Competition, Updated and Expanded Edition Michael E. Porter Amazon Price: $26.37
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By: Harvard Business School Press
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Customer Reviews:
Total reviews: 14 Average rating: 4.5 of 5

Editorial Review:

For the past two decades, Michael Porter's work has towered over the field of competitive strategy. On Competition, Updated Edition brings together more than a dozen of Porter's landmark articles from the Harvard Business Review. Five are new to this edition, including the 2008 update to his classic "The Five Competitive Forces That Shape Strategy," as well as new work on health care, philanthropy, corporate social responsibility, and CEO leadership.

This collection captures Porter's unique ability to bridge theory and practice. Each of the articles has not only shaped thinking, but also redefined the work of practitioners in its respective field. In an insightful new introduction, Porter relates each article to the whole of his thinking about competition and value creation, and traces how that thinking has deepened over time.

This collection is organized by topic, allowing the reader easy access to the wide range of Porter's work. Parts I and II present the frameworks for which Porter is best known frameworks that address how companies, as well as nations and regions, gain and sustain competitive advantage. Part III shows how strategic thinking can address society's most pressing challenges, from environmental sustainability to improving health-care delivery. Part IV explores how both nonprofits and corporations can create value for society more effeapplying strategy principles to philanthropy. Part V explores the link between Strategy and Leadership

The Smartest Guys in the Room

Bethany McLean, Peter Elkind

The Smartest Guys in the Room Bethany McLean, Peter Elkind List Price: $18.60
By: Penguin Books Ltd
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Customer Reviews:
Total reviews: 128 Average rating: 4.5 of 5

Editorial Review:

The definitive volume on Enron's amazing rise and scandalous fall, from an award-winning team of Fortune investigative reporters.

There were dozens of books about Watergate, but only All the President's Men gave readers the full story, with all the drama and nuance and exclusive reporting. And thirty years later, if you're going to read only one book on Watergate, that's still the one. Today, Enron is the biggest business story of our time, and Fortune senior writers Bethany McLean and Peter Elkind are the new Woodward and Bernstein.

Remarkably, it was just two years ago that Enron was thought to epitomize a great New Economy company, with its skyrocketing profits and share price. But that was before Fortune published an article by McLean that asked a seemingly innocent question: How exactly does Enron make money? From that point on, Enron's house of cards began to crumble. Now, McLean and Elkind have investigated much deeper, to offer the definitive book about the Enron scandal and the fascinating people behind it.

Meticulously researched and character driven, Smartest Guys in the Room takes the reader deep into Enron's past-and behind the closed doors of private meetings. Drawing on a wide range of unique sources, the book follows Enron's rise from obscurity to the top of the business world to its disastrous demise. It reveals as never before major characters such as Ken Lay, Jeff Skilling, and Andy Fastow, as well as lesser known players like Cliff Baxter and Rebecca Mark. Smartest Guys in the Room is a story of greed, arrogance, and deceit-a microcosm of all that is wrong with American business today. Above all, it's a fascinating human drama that will prove to be the authoritative account of the Enron scandal.

The Sales Bible: The Ultimate Sales Resource, New Edition

Jeffrey Gitomer

The Sales Bible: The Ultimate Sales Resource, New Edition Jeffrey Gitomer Amazon Price: $19.77
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By: Collins Business
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Customer Reviews:
Total reviews: 30 Average rating: 4.5 of 5

Great Sales Tool 5 out of 5 stars.
0 of 0 people found this review helpful.

This book gets right to the heart of what selling is all about. No B.S. here , just the facts in simple to understand information to help you become the best salesperson.

Jefferey Gitomer does it again 5 out of 5 stars.
0 of 0 people found this review helpful.

This book delivers what he promises. Filled with pithy, succinct, to-the-point suggestions that can improve the performance of any salesperson who is serious about doing a better job of serving his customers.

Editorial Review:

Since its initial publication in 1994, Morrow's hardcover edition of Jeffrey Gitomer's THE SALES BIBLE has sold over 117,000 copies, and another 100,000 in paperback (published by Wiley).But in the 13 years since then, Gitomer has made himself into a sales powerhouse with huge success around an inventively packaged series of books, with his classic THE LITTLE RED BOOK OF SELLING at its heart.Now at last, Gitomer has taken the title that began it all, and has completely revised it. The Sales Bible is totally reworked to fit into his line of bestselling sales titles. It's sure to be THE must-have title for sales professionals worldwide who've already come to know and trust Jeffrey's inventive, irreverent sales wisdom through his "Little [Color] Book of..." series.

Competitive Advantage

Micheal Porter

Competitive Advantage Micheal Porter By: Simon & Schuster Trade
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Customer Reviews:
Total reviews: 39 Average rating: 4.5 of 5

Using IT for Competitive Advantage 5 out of 5 stars.
4 of 5 people found this review helpful.

In his 1985 book titled Competitive Advantage: Creating and Sustaining Superior Performance Free Press 1985 Management and IT (information Technology) author Michael Porter set fourth some very useful ideas about creating competitive advantage with IT (e.g. building a strategically valuable system.) I've added an example or two after each of his points. They include:

(1) Building barriers to Entry (Microsoft Windows loaded on every new PC)
(2) Enhancing loyalty (American Hospital Supply on-line ordering)
(3) Favorably altering the balance of power with suppliers (American Airlines AAdvantage frequent flyer program)
(4) Changing the basis of competition within an industry (Federal Express hub & spoke delivery)
(5) Developing entirely new products (Finance and Insurance industries)

I believe this is very powerful stuff when thinking about the value of a new system proposal and in particular the inevitable 'build vs. buy decision'. It's also relevant to starting a new business and trying to find an approach that makes it unique!

A very timely book even after 20+ years!
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Strategies for the Green Economy: Opportunities and Challenges in the New World of Business

Joel Makower

Strategies for the Green Economy: Opportunities and Challenges in the New World of Business Joel Makower Amazon Price: $18.45
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By: McGraw-Hill
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Customer Reviews:
Total reviews: 1 Average rating: 5.0 of 5

Editorial Review:

Businesses are entering the green marketplace at breakneck speed to keep pace with customer and societal demands to reduce their environmental impacts. But greening one's business is no small feat. While clear opportunities abound in this new economy, business leaders pursuing a green strategy are finding few roadmaps and established rules and plenty of hidden twists and turns.

So, how does a company succeed in a world gone green?

In Strategies for the New Green Economy, Joel Makower, one of the world's foremost green business experts, provides a clear roadmap for this challenging terrain. Makower offers insights and inspiration gleaned from his 20 years' experience helping Fortune 500 companies and start-ups alike formulate strategies that align environmental and business goals. Providing a comprehensive and realistic look at both the opportunities and challenges, Strategies for the New Green Economy shows how leadership companies are finding their way in the green economy, while their competitors struggle.

Strategies for the Green Economy systematically tackles the central issues of greening your business:

  • What does it take to be seen as an environmental leader?
  • What are the standards, implicit or explicit, that you must meet to be green?
  • How do you communicate what your business is doing right--and what it's doing wrong?
  • How can you overcome consumer, media, and activist distrust?
  • How can your company be heard amid the “green noise” in the marketplace?
  • What are the new opportunities emerging for companies in the green economy?

Including groundbreaking data about customers' attitudes and behaviors regarding green products and services, Strategies for the Green Economy will lead you through the thicket of finicky customers, confusing research reports, and public cynicism regarding green marketing claims--and place you on solid footing in the growing green economy.

Managerial Economics & Business Strategy

Michael Baye

Managerial Economics & Business Strategy Michael Baye Amazon Price: $123.66
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By: McGraw-Hill/Irwin
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Customer Reviews:
Total reviews: 8 Average rating: 5.0 of 5

A wonderful combination of theoretical economics and hands-on business strategies 4 out of 5 stars.
1 of 1 people found this review helpful.

Used during my MBA studies at Pfeiffer University in Charlotte, North Carolina, the book was alwys helpful and provided me the necessary insights into the economical theory. I alredy learned the content back in Germany during my first business administration studies. Nevertheless, the American studies are more oriented towards the practical approach, so it provided me a good help to build the bridge between the economic theories, and the hands-on practical approach. We all sweated sometimes sitting over complicated formulas, but this book makes it easy to understand. A great help, as mentioned before. There is in the meantime a newer version on the market, but this one was fine for me, too. When you look for a good, solid help to understand the basics on how everything flows together, this book is a great resource!

Editorial Review:

Baye’s Managerial Economics and Business Strategy remains the best-selling managerial economics textbook. It was the first textbook to provide students with the tools from intermediate microeconomics, game theory, and industrial organization to make sound managerial decisions. Baye is known for his real-world examples, frontier research, inclusion of modern topics not found in other managerial books, as well as balanced coverage of traditional and modern microeconomic tools. The Sixth Edition retains all of these signature features, and it includes a number of new class-tested features. These include enhanced pedagogical features such as learning objectives, new and updated business applications, additional end-of-chapter problems, better prose, and updated data. Additionally, the Time Warner Case, introduced last edition, is strengthened in the Sixth Edition with detailed teaching notes and nine additional end-of-case problems.

Enterprise Architecture As Strategy: Creating a Foundation for Business Execution

Jeanne W. Ross, Peter Weill, David Robertson

Enterprise Architecture As Strategy: Creating a Foundation for Business Execution Jeanne W. Ross, Peter Weill, David Robertson Amazon Price: $25.08
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Customer Reviews:
Total reviews: 27 Average rating: 4.5 of 5

Editorial Review:

Does it seem you’ve formulated a rock-solid strategy, yet your firm still can’t get ahead? If so, construct a solid foundation for business execution—an IT infrastructure and digitized business processes to automate your company’s core capabilities. In Enterprise Architecture as Strategy: Creating a Foundation for Business Execution, authors Jeanne W. Ross, Peter Weill, and David C. Robertson show you how.

The key? Make tough decisions about which processes you must execute well, then implement the IT systems needed to digitize those processes. Citing numerous companies worldwide, the authors show how constructing the right enterprise architecture enhances profitability and time to market, improves strategy execution, and even lowers IT costs. Though clear, engaging explanation, they demonstrate how to define your operating model—your vision of how your firm will survive and grow—and implement it through your enterprise architecture. Their counterintuitive but vital message: when it comes to executing your strategy, your enterprise architecture may matter far more than your strategy itself.


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