Summary: Hardball: Review and Analysis of Stalk and Lachenauer's Book
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About this ebook
This complete summary of the ideas from George Stalk and Rob Lachenauer's book "Hardball" shows how companies that play business hardball aren't content with just having a competitive advantage. Instead, they work hard to create a virtuous cycle that will take them far beyond the reach of their competitors. In their book, the authors explain how this strategy of seizing and finding ways to enhance a competitive advantage is how the game of business is supposed to be played. This summary redefines the meaning of competition in business and is a must-read for today's industry players.
Added-value of this summary:
• Save time
• Understand key concepts
• Expand your competitive skills
To learn more, read "Hardball" and discover the key to playing on the business field and coming out on top.
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Summary - BusinessNews Publishing
Book Presentation
Hardball by George Stalk and Rob Lachenauer
Book Abstract
MAIN IDEA
Companies that play business hardball aren’t content with just having a competitive advantage. Instead, they work hard to create a virtuous cycle that will take them far beyond the reach of their competitors. In practical terms, hardball companies focus on turning a competitive advantage into a decisive advantage that will neutralize, marginalize and ideally punish their rivals.
More than anything else, hardball players play to win. They use their decisive advantage to set the agenda for their industries. They don’t do anything illegal but competitors realize hardball players will do everything within their power to exploit their competitive advantage to the maximum degree. If this approach to business attracts some negative publicity because the weaker or marginal competitors get squeezed out of the marketplace, hardball players don’t lose any sleep over it.
In essence, hardball is all about playing the game of business at a professional level. It’s all about seizing and then finding ways to enhance a competitive advantage. It’s about responding effectively to the moves of competitors and others who are scheming ways to take a piece of the action for themselves. Hardball is the game of business the way it should be played.
The winners in business have always played hardball. In the next ten years, companies are going to move more quickly, act smarter, and battle more fiercely than ever before. There will be the leading players and lots of niche players, but very few, if any, players in between. The softball players – those who fail to fully exploit any competitive advantage they do have – that have survived until now (many airlines, certain automakers, plenty of health-care providers) don’t have long to live. Only the hardball players will survive. Only the hardball players should survive.
– George Stalk and Rob Lachenauer
About the Author
GEORGE STALK is a senior vice president with The Boston Consulting Group. He specializes in international strategy and time-based competition.