Beyond the Core

Expand Your Market Without Abandoning Your Roots
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Beyond the Core by Chris Zook explores strategies for expanding a business beyond its primary operations. The book delves into how companies can leverage their core strengths to enter new markets and drive growth. It provides practical insights and real-world examples to illustrate how businesses can achieve sustainable expansion without overreaching their capabilities.
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Format: Hardback
$7499
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

You might enjoy this book if you're interested in strategies for business growth that extend beyond a company's primary market. It offers insights into expanding core strengths into new areas, helping business leaders unlock potential for innovation and avoid stagnation. Ideal for those in business development or leadership roles seeking actionable strategies to drive sustainable growth.

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Beyond the Core

This work shows executives how to grow profitably by finding and focusing on their core business. It shows how they can increase the odds of successful expansion once their core business no longer provides sufficient new growth.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

All companies must grow to survive—but only one in five growth strategies succeeds. In Profit from the Core, strategy expert Chris Zook revealed how to grow profitably by focusing on and achieving full potential in the core business. But what happens when your core business provides insufficient new growth or even hits the wall?

In Beyond the Core, Zook outlines an expansion strategy based on putting together combinations of adjacency moves into areas away from, but related to, the core business, such as new product lines or new channels of distribution. These sequences of moves carry less risk than diversification, yet they can create enormous competitive advantage because they stem directly from what the company already knows and does best.

Based on extensive research on the growth patterns of thousands of companies worldwide, including CEO interviews with 25 top performers in adjacency growth, Beyond the Core:

1) Identifies the adjacency pattern that most dramatically increases the odds of success: relentless repeatability.

2) Offers a systematic approach for choosing among a range of possible adjacency moves.

3) Shows how to time adjacency moves during a variety of typical business situations.

Beyond the Core shows how to find and leverage the best avenues for growth—without damaging the heart of the firm.

Book Details

INFORMATION

ISBN: 9781578519514

Publisher: Harvard Business Review Press

Format: Hardback

Date Published: 01 January 2004

Country: United States

Imprint: Harvard Business Review Press

Illustration: Illustrations

Audience: General / adult

DIMENSIONS

Width: 165.0mm

Height: 241.0mm

Weight: 510g

Pages: 240

About the Author

Chris Zook is a Director of Bain & Company and leads the company's Global Strategy Practice. He resides in Boston, Massachusetts.

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