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Smart Business

What Alibaba's Success Reveals about the Future of Strategy
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( 333 ratings, 35 reviews)
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
Smart Business by Ming Zeng explores the transformative power of data and digital technologies in reshaping industries. The book provides insights into how businesses can harness these tools to create more effective and innovative strategies, focusing on examples from smart companies like Alibaba. It delves into the integration of technology and management practices to drive business success in the digital age.
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Format: Hardback
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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 if you're keen on exploring how smart technologies and digital platforms are transforming business strategies, with insights from a leader in one of the world's most innovative companies. This book offers a fresh perspective on leveraging digital ecosystems to enhance agility and innovation, making it ideal for forward-thinking entrepreneurs and business strategists.

Book Hero thinking about your next read

How Strategy Works in an Interconnected, Automated World Leaders already know that the classic approach to strategy--analyze, plan, execute--is losing relevance. But they don't yet know what replaces it. As everyone and everything becomes more interconnected and digitized, how do you operate, compete, and win?

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

How Strategy Works in an Interconnected, Automated World: Leaders already know that the classic approach to strategy—analyse, plan, execute—is losing relevance. But they don't yet know what replaces it. As everyone and everything becomes more interconnected and digitised, how do you operate, compete, and win?

Ming Zeng, the former Chief of Staff and strategy adviser to Alibaba Group's founder Jack Ma, explains how the latest technological developments, such as artificial intelligence, machine learning, the mobile internet, and cloud computing, are redefining how value is created. Written especially for those outside the technology industry or the startup arena, this book introduces a simple, overarching framework to guide strategy formulation and execution in this data-rich and highly interactive environment.

Revealing the revolutionary practices that he and his team have developed at Alibaba, Zeng shows how to:

  • Automate decisions through machine learning
  • Create products informed by real-time data from customers
  • Determine the right strategic positioning to maximise value from platforms and suppliers
  • Repurpose your organisation to further human insight and enable creativity
  • Lead your company's transformation into a smart business

With insights into the strategies and tools used by leaders at Alibaba and other companies such as Ruhan and Red Collar, in a variety of industries from furniture making to banking to custom tailoring, Smart Business outlines a radically new approach to strategy that can be applied everywhere.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

The book Smart Business by Ming Zeng has garnered advance praise for its insights into how artificial intelligence and machine learning are reshaping business strategy. Reviewers commend Zeng for his ability to connect theory to practice, highlighting the importance of human creativity and innovation in future economies. It is considered an essential read for executives eager to understand the transformative power of digital technologies and their role in the development of new business models and competitive ecosystems.

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Book Details

INFORMATION

ISBN: 9781633693296

Publisher: Harvard Business Review Press

Format: Hardback

Date Published: 04 September 2018

Country: United States

Imprint: Harvard Business Review Press

Illustration: Illustrations

Audience: Professional and scholarly

DIMENSIONS

Width: 155.0mm

Height: 234.0mm

Weight: 250g

Pages: 320

About the Author

Ming Zeng was the Chief of Staff and strategy adviser to Jack Ma at Alibaba Group for over a decade (2006-2017) as it blossomed into a $400 billion company. He is currently Chairman of the Academic Council of Alibaba Group and Dean of Hupan School of Entrepreneurship, founded by Ma and other Chinese business leaders. Previously, he taught at INSEAD and, in 2002, he was one of the seven professors who founded Cheung Kong Graduate School of Business in Beijing. He wrote one of the first cases on Alibaba in 2000. The book he coauthored with Peter Williamson, Dragons at Your Door (Harvard Business Review Press), remains one of the most cited books about the strategies of leading Chinese companies.

Author social media/website info: linkedin.com/in/ming-zeng-7ba269117

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