Summary Confronting Reality

The must-read summary of Larry Bossidy and Ram Charan's book: "Confronting Reality: Doing What Matters to Get Things Right". This complete summary of the ideas from Larry Bossidy and Ram Charan's book "Confronting Reality" shows that confronting reality means changing the purpose and direction of your business on a regular basis, in order to reflect ongoing changes which occur in the marketplace. Most businesses try and get by on the assumptions of yesterday rather than the realities of today. Companies that confront reality on a consistent basis search for the current answers to three crucial questions: 1. What’s the nature of the industry we’re in today? 2. Where’s our industry heading? 3. How will we continue to make the money we hope to make in this industry in the future? Armed with the answers to these questions, business managers can then analyse the components which determine their enterprise’s success or failure. Added-value of this summary: • Save time • Understand key concepts • Increase your business knowledge To learn more, read "Confronting Reality" and discover a very practical perspective on today’s business.

Confronting Reality will change the way you think about and run your business. It is the first book that shows how to connect the big picture of the new era of business with the nitty-gritty of what to do about it. Through a completely new way to understand and use the business model as the primary tool for confronting reality—a breakthrough that will become the management innovation of this decade—you’ll know sooner rather than later whether your fundamental business premise is under assault, where your best opportunities lie, what you should change and what you should leave alone, and how to realistically plan the future of your business. The fundamentals of how a business makes money are being rapidly and permanently altered by sweeping structural changes. With their extraordinary depth and breadth of experience, Larry Bossidy and Ram Charan are the ideal guides for everyone—entrepreneur, mid-level manager, or CEO—about what is to be done so you can get things right in this challenging, radically changed world. They start by showing you how to understand the most fundamental element of any business: whether you can realistically make the money you hope to in the game you’re playing. Bossidy and Charan show how to use the business model to develop a robust, reality-based process for thinking about the speci?cs of your business in a holistic way. They show how to tie together the financial targets you must meet, the external realities you face, and internal activities such as strategy development, operating tactics, and selection and development of people. Through the lens of the business model, as well as the skillful use of initiatives and development of people with the right leadership characteristics, you’ll see how Robert Nardelli at Home Depot, Jim McNerney at 3M, Dick Harrington at the Thomson Corporation, Michael Wisbrun at KLM, Joseph Tucci at EMC, and John Chambers at Cisco confronted reality. Whether they faced crisis or opportunity, all made the right kinds of changes through a combination of business savvy (the art of understanding the fundamentals driving a business) and business model thinking.

Examines the changes confronting modern-day business and furnishes techniques and strategies to help companies redefine corporate management theory and practice to meet the challenges of the era.

The charges of white privilege and systemic racism that are tearing the country apart fIoat free of reality. Two known facts, long since documented beyond reasonable doubt, need to be brought into the open and incorporated into the way we think about public policy: American whites, blacks, Hispanics, and Asians have different violent crime rates and different means and distributions of cognitive ability. The allegations of racism in policing, college admissions, segregation in housing, and hiring and promotions in the workplace ignore the ways in which the problems that prompt the allegations of systemic racism are driven by these two realities. What good can come of bringing them into the open? America’s most precious ideal is what used to be known as the American Creed: People are not to be judged by where they came from, what social class they come from, or by race, color, or creed. They must be judged as individuals. The prevailing Progressive ideology repudiates that ideal, demanding instead that the state should judge people by their race, social origins, religion, sex, and sexual orientation. We on the center left and center right who are the American Creed’s natural defenders have painted ourselves into a corner. We have been unwilling to say openly that different groups have significant group differences. Since we have not been willing to say that, we have been left defenseless against the claims that racism is to blame. What else could it be? We have been afraid to answer. We must. Facing Reality is a step in that direction.

On the twenty-fifth anniversary of the publication of her classic Leadership and the New Science, bestselling author Margaret Wheatley once again turns to the new science of living systems to help leaders persevere in a time of great turmoil. I know it is possible for leaders to use their power and influence, their insight and compassion, to lead people back to an understanding of who we are as human beings, to create the conditions for our basic human qualities of generosity, contribution, community and love to be evoked no matter what. I know it is possible to experience grace and joy in the midst of tragedy and loss. I know it is possible to create islands of sanity in the midst of wildly disruptive seas. I know it is possible because I have worked with leaders over many years in places that knew chaos and breakdown long before this moment. And I have studied enough history to know that such leaders always arise when they are most needed. Now it's our turn.

Please note: This is a companion version & not the original book. Sample Book Insights: #1 The American creed, which is the first sentence of the Declaration of Independence, embodies the political principles of liberty, equality, democracy, individualism, human rights, the rule of law, and private property. #2 The Civil Rights Act of 1964 was a response to the inequality African Americans had faced for years, and it was signed into law by President Lyndon B. Johnson. It was a one-time exception justified by the unique injustice done to African Americans. #3 Identity politics is not limited to acknowledging the importance of race and sex to our personae. The core premise of identity politics is that individuals are inescapably defined by the groups into which they were born, and that this understanding must shape our politics. #4 I want to defend the American creed, but I am also aware of the dangers of being misread. I want to treat people as individuals, but I have to write a book that treats Americans as groups. People are afraid to address the reality of group differences because it goes against the American ideal of treating everyone as an individual.

The titling of this book - "Facing Reality" - came to me unbidden, presumably from my subconscious! But, when it came, it seemed to be right, because that essentially is what I am trying to do in this book. " Facing" is to be understood in the sense of "looking at in a steadfast and unflinching manner". It thus contrasts with "Confronting" which has the sense of "looking at with hostility and defiance". As I face life with its joys and its sorrows, its successes and its failures, its peace and its turmoil, my attitude is one of serene acceptance and gratitude and not one of angry and arrogant confrontation and rejection. The other component of the title - "Reality" - is the ultimate reality for each of us as conscious beings - our birth - our self-hood in its long stream of becoming throughout our life - our death and apparent annihilation. This is the Reality that we each of us must face if we are to live and adventure as free and responsible beings and not as mere playthings of chance and circumstance, going through a mean ingless farce from birth to death with the search ever for distraction and self-forgetfulness. As a brain scientist I have specialist knowledge of that wonderful part of the body that is alone concerned in the whole Iife-Iong interplay between the conscious self and the extern al world, including other selves.