Soundview Executive Book Summaries


WSJ and the End of Management

Here’s an article that got my attention as I was doing some research for a project here at Soundview. The Wall Street Journal recently featured an article by Alan Murray adapted from the company’s book The Wall Street Journal Essential Guide to Management. The article, entitled “The End of Management,” discusses the decline of traditional “20th century” management. The great innovation that powered the United States through the post-World War II era is in a state of flux. The shifts in technology, the speed at which innovation occurs and the interaction with consumers to create and customize products means that the traditional organization that marched in a single file has had to adapt.

One of the most interesting aspects of this article that I wanted to bring to your attention is the section where Murray questioned the Wall Street Journal’s CEO Council, a group of executives who gather annually to discuss issues of the public interest. Murray asked the group to name the most influential business book they read. He writes that many of the members of the CEO council cited professor Clayton M. Christensen’s book The Innovator’s Dilemma.

This is an interesting choice when you consider the variety of management books that hit the market each year. Christensen’s book discusses products that came in at the low-end of a market and served as “disruptive technologies” that eventually overthrew established competition. While The Innovator’s Dilemma is certainly a worthwhile read, I’d also highly recommend Christensen’s follow-up: The Innovator’s Solution. In this book, Christensen and co-author Michael Raynor examine how to create successful growth by producing, rather than reacting to, disruptive technologies.

Head over to Summary.com to find out how you can get your copy of the summary of The Innovator’s Solution.

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