Summary: Hidden Value - Charles O’Reilly III and Jeffrey Pfeffer

Business & Finance, Economics, Development & Growth, Management & Leadership, Management
Cover of the book Summary: Hidden Value - Charles O’Reilly III and Jeffrey Pfeffer by BusinessNews Publishing, Must Read Summaries
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: BusinessNews Publishing ISBN: 9782806246585
Publisher: Must Read Summaries Publication: February 15, 2013
Imprint: Business Book Summaries Language: English
Author: BusinessNews Publishing
ISBN: 9782806246585
Publisher: Must Read Summaries
Publication: February 15, 2013
Imprint: Business Book Summaries
Language: English
This work offers a summary of the book “HIDDEN VALUE: How Great Companies Achieve Extraordinary Results With Ordinary People” by Charles O’Reilly III, Jeffrey Pfeffer.
Hiring new people takes time, and therefore money. A far more effective strategy, O’Reilly and Pfeffer suggest, is to do everything possible to utilize existing talent. They encourage every business to be a people centered company that “allows every employee to become a star producer.” Great companies have managers who are leaders, not overseers.
Hidden Value explains how to cultivate this philosophy, using concrete examples from real life companies. Southwest Airlines, for example, has a policy that no employee is ever punished for using good judgment when accommodating a customer irrespective of any other guidelines; everyone has information on how the business is doing – so they can act like owners rather than employees. They have a collective pay system with profit sharing and stock ownership. Employees are always suspicious of management who say one thing and do another; do not fall into that habit.
O’Reilly and Pfeffer demonstrate that with simple measures, it’s possible to maintain vibrancy, create loyalty and have clear, well-articulated values which will permeate through your organization. Hidden Value is crucial reading for managers and entrepreneurs everywhere.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
This work offers a summary of the book “HIDDEN VALUE: How Great Companies Achieve Extraordinary Results With Ordinary People” by Charles O’Reilly III, Jeffrey Pfeffer.
Hiring new people takes time, and therefore money. A far more effective strategy, O’Reilly and Pfeffer suggest, is to do everything possible to utilize existing talent. They encourage every business to be a people centered company that “allows every employee to become a star producer.” Great companies have managers who are leaders, not overseers.
Hidden Value explains how to cultivate this philosophy, using concrete examples from real life companies. Southwest Airlines, for example, has a policy that no employee is ever punished for using good judgment when accommodating a customer irrespective of any other guidelines; everyone has information on how the business is doing – so they can act like owners rather than employees. They have a collective pay system with profit sharing and stock ownership. Employees are always suspicious of management who say one thing and do another; do not fall into that habit.
O’Reilly and Pfeffer demonstrate that with simple measures, it’s possible to maintain vibrancy, create loyalty and have clear, well-articulated values which will permeate through your organization. Hidden Value is crucial reading for managers and entrepreneurs everywhere.

More books from Must Read Summaries

Cover of the book Summary of Countdown to Crisis: The Coming Nuclear Showdown with Iran - Kenneth R. Timmerman by BusinessNews Publishing
Cover of the book Summary of What's the Matter with Kansas? How Conservatives Won the Heart of America - Thomas Frank by BusinessNews Publishing
Cover of the book Summary of No End in Sight: Iraq's Descent into Chaos - Charles Ferguson by BusinessNews Publishing
Cover of the book Summary of Saving Israel: How the Jewish People Can Win a War That May Never End - Daniel Gordis by BusinessNews Publishing
Cover of the book Summary of That Used to Be Us: How America Fell Behind in the World It Invented and How We Can Come Back - THOMAS L. FRIEDMAN & MICHAEL MANDELBAUM by BusinessNews Publishing
Cover of the book Summary of The Obama Nation: Leftist Politics and the Cult of Personality - Jerome R. Corsi by BusinessNews Publishing
Cover of the book Summary: Dying to Win - Robert A. Pape by BusinessNews Publishing
Cover of the book Summary: Inevitable Surprises - Peter Schwartz by BusinessNews Publishing
Cover of the book Summary: Applied Economics - Thomas Sowell by BusinessNews Publishing
Cover of the book Summary: Hoodwinked - Jack Cashill by BusinessNews Publishing
Cover of the book Summary: If You Don't Make Waves You'll Drown - Dave Anderson by BusinessNews Publishing
Cover of the book Summary of Millionaire Republican: Why Rich Republicans Get Rich - And How You Can Too! - Wayne Allyn Root by BusinessNews Publishing
Cover of the book Summary of The Plan: Big Ideas for America - Rahm Emanuel and Bruce Reed by BusinessNews Publishing
Cover of the book Summary of Outfoxed: Rupert Murdoch's War on Journalism - Alexandra Kitty by BusinessNews Publishing
Cover of the book Summary: High Noon - Karen Southwick by BusinessNews Publishing
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy