Book Review: The Breakthrough Company
The Breakthrough Company: How Everyday Companies Become Extraordinary Performers
By Keith R. McFarland
Think of this book as “Good to Great” for mid-sized companies, given that author Keith McFarland was prodded by management guru Jim Collins to answer his own question about how companies are able to break through their initial stages while others struggle under similar circumstances. Using Collins’ own research methodology, McFarland and his team analyzed more than 7,000 companies, conducted a thorough field study over five years, and came up with nine firms that exemplify breakthrough companies. The key findings: crown the organization, up the ante by placing big bets, build true company character, sustain small company advantages, build and maximize networks, nurture “insultants,” and tackle tough times head on. These are not exactly breakthrough insights, but the findings are nevertheless substantial as they are based on solid research.
Readability: 4 out of 5
Usefulness: 5 out of 5
Available at NBS Best Sellers
