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7 Powers breaks fresh ground by constructing a comprehensive strategy toolset that is easy for you to learn, communicate and quickly apply.Drawing on his decades of experience as a business strategy advisor, active equity investor and Stanford University teacher, Hamilton Helmer develops from first principles a practical theory of Strategy rooted in the notion of Power, those conditions which create the potential for persistent differential returns.Using rich real-world examples, Helmer rigorously characterizes exactly what your business must achieve to create Power. And create Power it must, for without it your business is at risk. He explains why invention always comes first and then develops the Power Progression to enable you to target when your Power must be established: in the origination, take-off or stability phases of your business. Every business faces a do-or-die strategy moment: a crux directional choice made amidst swirling uncertainty. To get this right you need at your fingertips a real-time strategy compass to discern your true north. 7 Powers is that compass.
| Best Sellers Rank | 92 in Starting a Business |
| Dimensions | 15.24 x 1.35 x 22.86 cm |
| Isbn 10 | 0998116319 |
| Isbn 13 | 978-0998116310 |
| Item Weight | 313 g |
| Language | English |
| Print Length | 210 pages |
| Publication Date | 27 Oct. 2016 |
| Publisher | Hamilton Helmer |
User
Changed how I think about business strategy
So many insights, great frameworks to assess a business through.
User
Good Read for founder CEOs or professional CEOs
Good Book on getting to know and understand the nature and details of moats that would fence off competition, in case competition is un-avoidable. I would recommend this to any mid-stage and later-stage start-ups, and companies beyond that stages, but not necessarily early-stage start-ups as they should not fuss too much before ensuring product market fit.
User
5 star book. Copy delivered scratched.
Several scratches on cover and damaged corner. Not great when you pay this amount for a paperback.The book/content itself is great.
User
A valuable guide to understanding what makes a business sustainably strong
Excellent. Fairly short book, and I cannot really fault it. Only to say there are many fantastic businesses that are hard to compete against and have the ability to adapt during times of change, but do not necessarily have a Power. That is not the authors point though, and I'd highly recommend this book as the dividends it will pay (if you are at all interested in corporate strategy) warrant the time investment. It's changed the way I think about businesses.
User
Must read
A different take on strategy from the likes of Roger Martin. A good complement
User
Okay okay
This was recommended to me by someone. To begin with it seemed a bit of a rehash of Michael Porter, etc I got into it I could see that the author had made some valid points by building a more dynamic framework. Still it's very ex-post and I would need to see some ex-ante examples showing whether the framework added value over time. But if you like these strategy-type books this one is pretty reasonable. Having said that you really need to read The Halo Effect by Rosenzweig.
User
Finally an intersection between Silicon Valley and Value Investors!
I read 7 Powers right through in one sitting. I've compartmentalised Silicon Valley go-go-go culture in one area of my brain, and value investors watching paint dry in another areas. This book is the first one that reconciled the two in my head. Strategy/ power/ moat/ barriers are all subtly different and if you're interested in long term cash flows, I encourage you to dive into this book and incorporate these differences into your investing mental models.This book will be good for value investors, tech startup founders and corporate execs. That's a rare trio to serve in one book.I found the "counterpositioning" power the most compelling in terms of new thinking. The example given is Vanguard vs asset managers. Previously I'd seen asset managers as choosing to charge active management fees, the counterpostioning chapter made me realise they had no choice.While tech founders might find a quick read useful, I would encourage professional investors to read it closely and learn the framework Hamilton Helmer has outlined.The charts and "math" are very useful as you go deeper into the concepts, but you can easily gain much by sticking to just the text.
User
Moats!
Amazing book about 7 powers aka Moats. Really enjoyed this
User
a great look into Strategy
The book explores the true value drivers that enable any company to differentiate and return real value in a clear way with well known examples from leading companies.
User
Rápida entrega, buen libro en temas de estrategia
Entrega a tiempo del libro a pesar de ser envió internacional. El libro es muy interesante para poder planear a futuro en una empresa.
User
A great read, and a great tool kit for entrepreneurs and investors
I thoroughly enjoyed this. The 7 powers is a well thought out and intuitive framework / strategy that is an excellent toolkit for investors trying to identity moats, and for business owners trying to create them
User
Makes a simple, powerful promise. Keeps it.
This book is short. It makes a promise to deliver a simple and powerful strategy compass for business owners and investors, and it delivers on that promise beautifully and succinctly. There’s a lot of value packed here. It’ll be one of rare business books to reread front to back every few years.
User
An overview
You want to build a product ,but your margin could fade away with the competition. For me you need to know how to deal with from the start buy this book and competition demystified you will know - may be- where to go to keep it .
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