Review of
Scaling Up How a Few Companies Make It… And Why the
Rest Don’t by Verne Harnish and the team at Gazelles, Instaread summary
Five stars
Some obvious key takeways, the author did the job and
convinced me that I do not need to read the book
In many ways
the most important information in this summary is in the last two pages that
describe the author’s style and the author’s background. Harnish is a business
consultant whose company “Gazelles,” specializes in growing businesses. The
point is made that Harnish is very positive (nothing wrong with that) but that
the book sometimes sounds like a set of testimonials for “Gazelles.” That is a
key point as one of the most frustrating things that authors of business
self-help books can do is to make it
about themselves.
There also
appears to be little or nothing in the book about how one makes the decision to
expand, for there are businesses where expansion is just not a good idea. As is
stated in the summary, Harnish has very little advice for the company that
should not expand. There seems to be a bit of an internal contradiction in the
author’s style section where the content is described as positive and uplifting
rather than of deep content and that the writing is bland.
I found the book content as described by the key
summaries to be useful, albeit a bit obvious. The Cash Conversion Cycle (CCC)
of takeaway 8 is a fancy acronym for cash flow. No one with a grounding in
business needs to be reminded of the need to manage that aspect. Key takeaway 6
is an emphasis on Profit Per X, in other words how much do you make in profit
per whatever unit you sell. Again, a fancy way of saying “profit margin.” Key
takeaway 9 is little more than a link to the One-Page Strategic Plan.
Any well done
summary of a book should convince the reader that they should or should not
read the complete book. In this case, the author of the summary did their job,
I emerged convinced that I should not read it.
This book was made available for free for review
purposes
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