Review of "In search of excellence" by Peters. Deals with many different principles of economics and what makes big business' excellent'
Date Submitted: 12/15/2003 23:57:42
Category: / Business & Economy / Economics
Length: 3 pages (713 words)
Category: / Business & Economy / Economics
Length: 3 pages (713 words)
In Search of Excellence is a book dealing with many different principles of economics and what makes big business' excellent. The first idea that Peters discusses is his chart of the McKinsey 7-S Framework. The graph is very simple but the ideas are fairly complex. In their research, they found that their philosophies were too hard to explain and easily forgettable. They made this Framework to deal with strategy, structure, style, systems, staff (people), skills, …
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…the company's values and philosophies into their work. These values demonstrate that they don't just work because they work, but rather because they just make sense.
Peters does a great job of explaining and giving examples of these eight principles and shows us that we would be foolish to ignore these principles. Also, we could learn a new skill from the 7 S-Framework, which is what growth is really about: the ability to learn and teach.
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