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Strategy Beyond the Hockey Stick: People, Probabilities, and Big Moves to Beat the Odds

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Beat the odds with a bold strategy from McKinsey;Company "Every once in a while, a genuinely fresh approach to business strategy appears"—legendary business professor Richard Rumelt, UCLA McKinsey;Company's newest, most definitive, and most irreverent book on strategy—which thousands of executives are already using—is a must-read for all C-suite executives looking to create winning corporate strategies. Strategy Beyond the Hockey Stick is spearheading an empirical revolution in the field of strategy. Based on an extensive analysis of the key factors that drove the long-term performance of thousands of global companies, the book offers a ground-breaking formula that enables you to objectively assess your strategy's real odds of future success. "This book is fundamental. The principles laid out here, with compelling data, are a great way around the social pitfalls in strategy development. "—Frans Van Houten, CEO, Royal Philips N. V. The authors have discovered that over a 10-year period, just 1 in 12 companies manage to jump from the middle tier of corporate performance—where 60% of companies reside, making very little economic profit—to the top quintile where 90% of global economic profit is made. This movement does not happen by magic—it depends on your company's current position, the trends it faces, and the big moves you make to give it the strongest chance of vaulting over the competition. This is not another strategy framework. Rather, Strategy Beyond the Hockey Stick shows, through empirical analysis and the experiences of dozens of companies that have successfully made multiple big moves, that to dramatically improve performance, you have to overcome incrementalism and corporate inertia. "A different kind of book—I couldn't put it down. Inspiring new insights on the facts of what it takes to move a company's performance, combined with practical advice on how to deal with real-life dynamics in management teams. "—Jane Fraser, CEO, Citigroup Latin America
Product Highlights
Full specifications at a glance
Publisher ‏
‎ Wiley
Language ‏
‎ English
Hardcover ‏
‎ 256 pages (may vary)
ISBN-10 ‏
‎ 9781119487623
ISBN-13 ‏
‎ 978-1119487623
Chris Bradley

Chris Bradley

Chris Bradley is a Senior Partner at Mckinsey&Company, Sydney. One of the developers of McKinsey’s “Ten Timeless Tests of Strategy,” Chris has worked on strategic transformations for organizations across Australia’s retail, mining, transportation, consumer goods, and telecommunications sectors. Chris helps major institutions undergo strategic transformations to navigate large-scale shifts in their environment. He connects high-level conceptual thinking to practical shop-floor improvements. He has deep expertise in retail, covering grocery, discount department stores, specialty apparel, hardware, and consumer electronics. He has driven major strategic repositioning in six retail banners and has extensive experience in commercial execution, from consumer positioning to vendor negotiations, deploying data and analytics to get real results. Outside of retail, Chris has over a decade of experience in mining, helping his clients navigate the resources boom in China. Recently, Chris has also helped a print-media client radically change its business model to adapt to its new environment—and remain a sustainable and healthy company. Chris is the global leader of the firm’s work in business-unit strategy, where he spearheads the development and modernization of McKinsey’s tools and capabilities for strategy development. His widely read research includes the Ten Timeless Tests of Strategy and the “Strategy Method.” He has conducted workshops with hundreds of strategy teams from around the globe, applying the ten tests to their strategies. Chris is also joint-lead faculty of the strategy program in the McKinsey Academy, an online executive-education initiative launched recently. Outside his client work, Chris has contributed influential thinking on making Australia’s economy better, including a McKinsey Global Institute study on productivity in Australia and a report with the Business Council of Australia on competitiveness.
About the author Sven Smit
Former chair of the McKinsey Global Institute and McKinsey senior partner with 35 years at the firm

Sven Smit is a Senior Partner in Amsterdam. He leads McKinsey Western Europe and, before that, led McKinsey's Strategy Practice. He is the co-author of the bestselling books Strategy Beyond the Hockey Stick and Granularity of Growth.