The World's Best Book Summaries
What are the five stages of business failure? How fast does it take for a business to fall apart? In How the Mighty Fall, Jim Collins analyzes why well-performing companies end up failing. He states that there are five phases businesses go through during decline: overconfidence, overreaching, ignoring the signs, overcorrecting, and surrendering. Let’s look at these five stages of failure businesses experience if leaders don’t find solutions.
Do you want your employees to listen to you? How can you gain respect as a leader? Before you can lead anyone successfully, your team must respect you, and that starts with having certain universal qualities. Strengths Based Leadership by Tom Rath and Barry Conchie explains that if your team respects you, they’ll be willing to follow your lead. We’ll explore the four qualities to exhibit so you learn how to gain respect as a leader.
Why is customer-centric product development important for business? How can you implement a customer-centric strategy in your business plan? According to 12 Months to $1 Million by Ryan Moran, you must create a brand by having a coherent line of products that all serve the same customer. With this in mind, Moran suggests putting the customer first when creating your first product. Let’s dive into the details of customer-centric product development.
What’s Gallup’s leadership philosophy? What are the best Gallup strengths for leaders? Gallup is a business research and consulting company that Strengths Based Leadership by Tom Rath and Barry Conchie bases most of its research on. Their book lists four strengths that leaders should capitalize on based on their innate talents, with the help of a well-balanced team to fill in the gaps. Keep reading to learn more about the best Gallup strengths for leaders.
Why is empathy important in negotiations? How can you succeed at an emotional negotiation approach? Reading other people’s emotions is crucial for negotiations. When you know how another person is feeling, you can offer them what they want with an offer they can’t deny. Keep reading to learn more about the emotional negotiation approach.
What’s the best way to launch a new product? How can you create engaging content that’ll draw in audiences? Your new product deserves an exciting campaign that increases sales. If don’t know the first thing about promoting your product, 12 Months to $1 Million by Ryan Moran has all the tips you need. Continue reading for an in-depth new product launch strategy to help you get started.
What are the different approaches to negotiation? Which negotiation tactic will help you get what you want? In our daily lives, we negotiate with others for things we want, whether the context is business or personal. Experts have different theories about the best approach to getting what you want out of a negotiation. Continue reading for the two main approaches to negotiation: emotional and rational.
Why are leadership execution skills important? What’s it like working for someone who’s an execution leader? People who lead by execution do anything possible to make their ideas a reality. This also involves making hard decisions for both themselves and the team. Continue reading to learn how to be a leader who focuses on execution, according to Strengths Based Leadership by Tom Rath and Barry Conchie.
Are you launching a new product soon? How can you guarantee that your product will continue to sell out? Once you’ve launched your first product and are taking sales, 12 Months to $1 Million by Ryan Moran writes that your focus should be on growing your sales. Moran explains how you can achieve 25 sales per day by effectively maintaining your inventory and creating positive buzz. Discover how to grow sales in business and keep the momentum going.
What are the best negotiation tools and techniques? What dodge-and-counterpunch negotiation moves should you use? When negotiating with a partner who’s throwing everything at you, you need to be prepared for their moves. Additionally, you should consider what type of boundaries and conditions you want to set for the negotiation. Discover more about these necessary negotiation tools and techniques below.