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Book Review

 

 

The Ultimate Competitive Advantage

Secrets of Continually Developing a More Profitable Business Model

Berrett-Koehler Publishers – 2003 (310 pages in hardback)

Authors Donald Mitchell and Carol Coles

ISBN 1-57675-167-8

 

 

Don Mitchell and Carol Coles take a different and interesting view of business model innovation. It is their contention that a business can continually improve the effectiveness of practically everything that is done. Their book is the result of current research and seeks to go beyond the stale concept of “here is what others are doing so go ahead and copy it”.

 

A major goal of The Ultimate Competitive Advantage is to teach you how to improve your organization with a sound business model and how to use your creativity to continually improve that model. This can result in generating your own new growth opportunities rather than waiting for opportunities to be created by competitors or the marketplace. The authors offer the powerful concept of reinventing your business model to discover new outlooks that will increase stakeholder satisfaction and allegiance. Competition is not only with other competitive organizations but with your organization’s present business model!

 

The Ultimate Competitive Advantage will help you evaluate your business plan from “stem to stern”. Mitchell and Coles ask a number of challenging questions to focus your plan on the proper target and in the right direction. They seek to engage the reader’s potential for imagination and prod the reader to ultimately look for new ways to promote growth. If fully appreciated, this book will direct you to some positive answers that are typically apparent but often overlooked.

 

This book is not simply a philosophical treatise on how to create a business plan or workable business model. It is laced with real life examples that will give you pause for reflection and personal evaluation. It is not your typical book on management or leadership. However, it does present some of the best practices of respected business leaders and stresses the importance of effective communications and relationships among all stakeholders. Examples include some of the most recognized and successful organizations on the modern business landscape.

 

The Ultimate Competitive Advantage is composed of four parts and broken down into nine chapters. Every chapter concludes with a series of “key questions” that are intended to spark the reader’s inventiveness and vision. If you desire to read a book that will take you to the next level toward improving your business model, you have found it!

 

 

To read an exclusive weLEAD interview with Donald Mitchell please click here!

 

 

weLEAD rating - highly recommended

 

 

 

Buy This Book at a Discounted Price Here!

 

 

 

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