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Rethink: A Business Manifesto for Cutting Costs and Boosting Innovation PDF

233 Pages·2009·0.89 MB·English
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Rethink A Business Manifesto for Cutting Costs and Boosting Innovation ptg RIC MERRIFIELD From the Library of Kerri Ross Vice President, Publisher: Tim Moore Associate Publisher and Director of Marketing: Amy Neidlinger Editorial Assistant: Pamela Boland Operations Manager: Gina Kanouse Digital Marketing Manager: Julie Phifer Publicity Manager: Laura Czaja Assistant Marketing Manager: Megan Colvin Cover Designer: Brand Navigation Design Manager: Sandra Schroeder Managing Editor: Kristy Hart Senior Project Editor: Lori Lyons Copy Editor: San Dee Phillips Proofreader: Kay Hoskin Senior Indexer: Cheryl Lenser Senior Compositor: Gloria Schurick Manufacturing Buyer: Dan Uhrig © 2009 by Pearson Education, Inc. Publishing as FT Press Upper Saddle River, New Jersey 07458 FT Press offers excellent discounts on this book when ordered in quantity for bulk purchases or special sales. For more information, please contact U.S. Corporate and Government Sales, 1-800-382-3419, [email protected]. For sales outside the U.S., please contact International Sales at [email protected]. Company and product names mentioned herein are the trademarks or registered ptg trademarks of their respective owners. All rights reserved. No part of this book may be reproduced, in any form or by any means, without permission in writing from the publisher. Printed in the United States of America First Printing March 2009 ISBN-10: 0137031653 ISBN-13: 9780137031658 Pearson Education LTD. Pearson Education Australia PTY, Limited. Pearson Education Singapore, Pte. Ltd. Pearson Education North Asia, Ltd. Pearson Education Canada, Ltd. Pearson Educación de Mexico, S.A. de C.V. Pearson Education—Japan Pearson Education Malaysia, Pte. Ltd. Library of Congress Cataloging-in-Publication Data From the Library of Kerri Ross Th is book is for my son George. I am doing everything I can to ensure that you get the education, and the love, and the experiences that will enable you to do whatever brings happiness and fulfi llment to your life, something your grandparents Ditt y and Papa were so generous to do for me and your auntie Anne Campbell. ptg From the Library of Kerri Ross This page intentionally left blank ptg From the Library of Kerri Ross Contents Introduction 1 ONE How the “How” Trap Is Trapping You 7 The Cases of the ZIP Code Bandit and the Laggard Laptop 19 If Not Now, When? 21 TWO The Thinking Behind Rethinking 27 Unit of Analysis: The Task 28 ptg Unit of Analysis: The Worker 31 Unit of Analysis: The Department 32 Unit of Analysis: The Process 33 The New Unit of Analysis: The “What” 34 THREE First—Identify the “Whats” That Are Truly Valuable 39 Newman’s Own, Where More Than Food Has Value 48 How to Rethink Your “Whats” 56 vii From the Library of Kerri Ross viii rethink FOUR Second—Know What You Are (and Aren’t) Good At 61 Target, Where the Supply Chain “Whats” Are King 64 Burgerville, Where the Flavor Goes in and the Garbage Stays Put 66 An Electronics Giant That’s Got the Juice 71 How to Rethink Your “Whats” 73 FIVE Third—Make (and Break) Connections 77 Merck: Beyond the Moat 82 How to Rethink Your “Whats” 88 SIX ptg Fourth—Understand What Can (and Can’t) Be Predicted 91 JetBlue: Storm Warnings 99 How to Rethink Your “Whats” 105 SEVEN Fifth—Unravel (and Follow) the Rules 109 Matching Laws and “Whats” 114 EIGHT Revolutionary Rethinking at ING DIRECT 117 ING DIRECT Did What? 131 NINE Rethinking at Eclipse 133 Eclipse Aviation Did What? 149 viii From the Library of Kerri Ross Contents ix TEN Rethinking at Cranium 151 Cranium Did What? 167 ELEVEN Morph Again and Again 169 P&G Soars by Morphing Its Innovation “Whats” 186 Key Concepts 193 Conventional “How” Business Views 194 What Is, and Is Not, a “What” 199 Reading a Heat Map 201 Getting to the List of “Whats” 206 ptg A Bit More About Level 1 Maps 209 Level 2 Maps 210 INDEX 213 ix From the Library of Kerri Ross About the Author RIC MERRIFIELD has been at Microsoft creating tools, methods, and consulting services related to business architecture since 2003. Merrifield recently coauthored The Next Revolution in Productiv- ity, a June 2008 Harvard Business Review article focused on the impact of business architecture. He created Microsoft’s Motion business architecture incubation team, which studied how con- temporary businesses respond to these new methods. Merrifield holds a B.A. in philosophy from Georgetown University. Ric lives in Seattle, WA. ptg From the Library of Kerri Ross Introduction ptg 1 From the Library of Kerri Ross

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It's the trap that ensnares virtually every business. We focus on process: "how" we're doing the job. And we forget about the bigger issue: "what" we're doing and "why" we're doing it. That's why we're leaving so much value on the table. In Rethink, business architect Ric Merrifield exposes this pro
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