books:

	Performance Without Compromise: How Emerson Consistently Achieves Winning Results Charles F. Knight, Davis Dyer Harvard Business School Press, 2005 - 304 pages average customer review:based on 8 reviews view larger image
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highly recommended

In today's volatile marketplace, it's rare for firms to last-much less consistently increase earnings-for more than four decades. That's what makes the story of 115-year-old global manufacturing and technology leader Emerson so remarkable, and so valuable, for today's managers. How does Emerson do it? And what can other companies learn from its success?

Celebrated business leader Charles F. Knight-who was CEO of Emerson for 27 of its 43 consecutive years of increased profits-says the secret behind Emerson's long-term competitiveness is a dynamic management process carried out with unrelenting discipline. In Performance Without Compromise, Knight breaks down the key components of the Emerson management process in detail for the first time, and shows how this core process enables Emerson to address and overcome major challenges ranging from technological discontinuities to intense global competition.

A remarkable success story, Performance Without Compromise is filled with insightful lessons about leadership, management, and competitiveness that can be applied in any company or industry.

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Great inspiration for managers

This book is a clear exposition of why Charles Knight is one of the great CEO's of the last fifty years. Emerson is a focussed, consistently profitable company. Any manager, or person who wants to be a manager, deserves to read this book and learn how it's done.


a good read presenting insightful business operations and management

Provides insight into the mindset and energy (no pun intended) into the Emerson organization. Anybody engaged in business decisions and management would benefit from the thought process presented in the book.


must read

excellent book to be as a motivation tool to get creative juices flowing. don't necessarily agree with the all of the principals but the book is a quick read and has lot's of excellent ideas that can be massaged for your own uses as needed.

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Good overview of the Emerson business planning systems, but could have included some more interesting stories!

This book clearly lays out the Emerson business planning model, which is the process used to run the business. I work at Emerson, so i aready know a lot about this planning cycle. I think the average reader will not find this book that interesting, but it will useful to know the great information inside it. I wish that Mr. Knight would have shared some more stories about inside the board room and some of the more exciting history of his career. It would also have been interesting to get more about what he personally went through at Emerson and before. Finally, he should have included more about management and the HR side of developing the people.

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A system for good business

For 43 years, global electronic giant Emerson delivered consecutive annual increases in earnings and dividends per share. The end of this winning streak in July 2001 hardly tarnished the reputation of one the world's most admired corporations. Charles F. Knight, the second of only three CEOs since 1954 in the company's history, explains in detail how Emerson built its success by meticulously planning and executing its management system. Few companies can match Emerson's accomplishments, yet you can apply the fundamentals of the company's system to most organizations. getAbstract recommends this book to managers looking for successful models and others who enjoy reading about big winners.

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reviews: page 1, 2

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