The Lords of Strategy
The Secret Intellectual History of the New Corporate World
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Narrated by:
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Robertson Dean
About this listen
Imagine running a business without a strategy. It would be akin to driving blindfolded, to building a house without a blueprint. Yet just 50 years ago, business “plans” were mere extrapolations of the status quo, heedless of the forces that determine the fate of today’s organizations: competitive threats, customer needs, and business costs. The concept of strategy changed all that, paving the way for the creation of the modern corporate world.
The Lords of Strategy recounts the birth and evolution of strategy — arguably the most influential business paradigm of the past half century — and the trials and triumphs of the surprising disruptors who invented it. Principal among them were four men: Bruce Henderson, found of the Boston Consulting Group; Bill Bain, creator of Bain & Company; Fred Gluck, longtime managing director of McKinsey & Company; and Harvard Business School professor Michael Porter. Each was obsessed with pinpointing how companies achieve competitive advantage over others. This insider account reveals these industry’s pioneers as “idea junkies” - a new breed of intellectuals who wielded concepts as weapons for fighting business battles. Their relentless efforts to plumb the depths of competition exploded much of the prevailing wisdom, galvanized executives into action, and forced companies to understand themselves as never before.
An important book by one of management’s keenest observers, The Lords of Strategy provides listeners with a deeper understanding of the world they compete in and a sharper eye for what works — and what doesn’t — when forging strategy.
©2010 Walter Kiechel III (P)2010 Brilliance Audio, Inc.Listeners also enjoyed...
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By: Jeffrey Bussgang
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The House of Dimon
- How JP Morgan's Jamie Dimon Rose to the Top of the Financial World
- By: Patricia Crisafulli
- Narrated by: Suzanne Toren
- Length: 9 hrs and 39 mins
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Jamie Dimon is Wall Street's biggest player. Following the 11h-hour rescue of Bear Stearns by JPMorgan, his profile has reached stratospheric levels. And while the deals and decisions he's made have usually turned out to be the right ones, his journey to the top of the financial world has been anything but easy. Now, in The House of Dimon, business writer Patricia Crisafulli goes behind the scenes to recount the amazing events that have shaped Dimon's career.
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Intriguing
- By Jean on 08-28-16
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The Myth of the Rational Market
- A History of Risk, Reward, and Delusion on Wall Street
- By: Justin Fox
- Narrated by: Alan Sklar
- Length: 13 hrs and 38 mins
- Unabridged
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Chronicling the rise and fall of the efficient market theory and the century-long making of the modern financial industry, Justin Fox’s The Myth of the Rational Market is as much an intellectual whodunit as a cultural history of the perils and possibilities of risk. The book brings to life the people and ideas that forged modern finance and investing, from the formative days of Wall Street through the Great Depression and into the financial calamity of today.
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Probably most interesting to economists
- By D. Martin on 06-29-12
By: Justin Fox
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Attacker's Advantage
- Turning Uncertainty into Breakthrough Opportunities
- By: Ram Charan
- Narrated by: Mark Bramhall
- Length: 6 hrs and 8 mins
- Unabridged
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Performance
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In The Attacker's Advantage, Charan reveals the upside of uncertainty for those leaders who are nimbly positioned to anticipate the catalysts of disruption and embrace change. He updates and adapts the principles of his previous best sellers to address the current turbulent business environment, cutting through the veil of complexity to concentrate on the new customer needs and expectations and providing the tools for corporate leaders to take their companies to a higher level.
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Fantastic book - volume lower than usual
- By James Gajewski on 06-14-15
By: Ram Charan
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Moral Mazes
- The World of Corporate Managers
- By: Robert Jackall
- Narrated by: Johnny Heller
- Length: 12 hrs and 20 mins
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Performance
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Robert Jackall's Moral Mazes offers an eye-opening account of how corporate managers think the world works, and how big organizations shape moral consciousness. Based on extensive interviews with managers at every level of two industrial firms and of a large public relations agency, IMoral Mazes takes the reader inside the intricate world of the corporation.
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Well written; poorly narrated
- By C. Youngblood on 09-30-13
By: Robert Jackall
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Angel Investing
- The Gust Guide to Making Money and Having Fun Investing in Startups
- By: David S. Rose
- Narrated by: David S. Rose
- Length: 6 hrs and 42 mins
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From building your reputation as a smart investor, to negotiating fair deals, adding value to your portfolio companies and helping them implement smart exit strategies, David provides both the fundamental strategies and the specific tools you need to take full advantage of this rapidly growing asset class.
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Very enlightening
- By Keith L. on 04-06-15
By: David S. Rose
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Finish Big
- How Great Entrepreneurs Exit Their Companies on Top
- By: Bo Burlingham
- Narrated by: Sean Pratt
- Length: 10 hrs and 17 mins
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When pioneering business journalist and Inc. magazine editor at large Bo Burlingham wrote Small Giants, it became an instant classic for its original take on a common business problem - how to handle the pressure to grow. Now Burlingham is back to tackle an even more common problem - how to exit your company well. Sooner or later, all entrepreneurs leave their businesses and all businesses get sold, given away, or liquidated.
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Begin with the end in mind
- By D. Hartzell on 02-05-15
By: Bo Burlingham
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Strategy Beyond the Hockey Stick
- People, Probabilities, and Big Moves to Beat the Odds
- By: Chris Bradley, Martin Hirt, Sven Smit
- Narrated by: David Marantz
- Length: 6 hrs and 14 mins
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To make these big moves happen for your company, you’re going to have to break through inertia, gamesmanship, and risk aversion. You’re going to have to mitigate human biases and manage group dynamics. Eight practical shifts can help you do this, and unlock bigger, bolder, better strategies. This is not another by-the-book approach to strategy. It’s not another trudge through frameworks or small-scale case studies promising a secret formula for success. It’s an irreverent, fact-driven, and humorous take on the real world of strategic decision making.
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Ok beginning, superb finish
- By Rancher on 01-01-21
By: Chris Bradley, and others
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Winning with Data
- Transform Your Culture, Empower Your People, and Shape the Future
- By: Tomasz Tunguz, Frank Bien
- Narrated by: James Patrick Cronin
- Length: 5 hrs and 37 mins
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Winning with Data explores the cultural changes big data brings to business, and shows you how to adapt your organization to leverage data to maximum effect. Authors Tomasz Tunguz and Frank Bien draw on extensive background in big data, business intelligence, and business strategy to provide a blueprint for companies looking to move head-on into the data wave. Instrumentation is discussed in detail, but the core of the change is in the culture.
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Content marketing
- By Adam Winn on 12-22-16
By: Tomasz Tunguz, and others
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The Founder's Dilemmas
- By: Noam Wasserman
- Narrated by: Mark Mosely
- Length: 13 hrs and 28 mins
- Unabridged
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Often downplayed in the excitement of starting up a new business venture is one of the most important decisions entrepreneurs will face: should they go it alone, or bring in cofounders, hires, and investors to help build the business? More than just financial rewards are at stake. Friendships and relationships can suffer. Bad decisions at the inception of a promising venture lay the foundations for its eventual ruin.
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Too much talk on the data
- By Stanley Tan on 10-02-14
By: Noam Wasserman
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Lead and Disrupt
- How to Solve the Innovator's Dilemma
- By: Charles A. O'Reilly III, Michael L. Tushman
- Narrated by: James Foster
- Length: 8 hrs and 36 mins
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In the past few years, a number of well-known firms have failed; think of Blockbuster, Kodak, or RadioShack. When we hear about their demise, it often seems inevitable - a natural part of "creative destruction." But closer examination reveals a disturbing truth: Companies large and small are shuttering more quickly than ever. What does it take to buck this trend? The simple answer is: ambidexterity. Firms must remain competitive in their core markets, while also winning in new domains.
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Very very inspirational to me.
- By Fábio on 06-12-17
By: Charles A. O'Reilly III, and others
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Tough to listen to this one
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What listeners say about The Lords of Strategy
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Sam Motes
- 02-03-14
History of strategy
A good summary of the fathers of strategy such as Ducker who lead to thinkers such as Porter and others. The big consulting agencies such as Boston Consulting Group, Mckenzie, Bayne and others built on the Strategy momentum by pulling in the top tier MBA programs high flyers to change how business is done. Kiechel does a great job of giving a good historical look at how the industry was built and how the cut throat high octane day in the life takes place.
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Overall
- Horace
- 04-06-11
A History of Business Strategy Consulting
The book is a rather linear history of business strategy. It starts with roughly a chapter for each of the great contributors to the field (i.e., each of the ???lords of strategy???). But as the time-line progresses the story becomes more fractured with fewer ???Lords??? and many lesser contestants in the market place of ideas. Presumably this is corresponds to the real world, but the result is that the book undergoes a gradual change in style, ending with a very different style than it starts.
The book argues that the big Boston consulting firms were at the heart of this story. This simultaneously seems truer than I had realized and somewhat biased (e.g., where does Stanford and Silicon Valley fit in to this story).
Some of the history was not well known to me and I suspect is not widely known.
Readers looking for context will rate this book higher (e.g., 5 stars). Reader looking for more than context will probably rate the book lower (e.g., 3 stars).
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4 people found this helpful
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- Clarence
- 05-01-14
Great Start For Novice
What made the experience of listening to The Lords of Strategy the most enjoyable?
Learning about the consulting industry from a historical framework, made me able to truly absorb the impact of inovations, such as the BCG matrix.
What did you like best about this story?
The historic framework used to talk about the consulting industry and its evolution.
What about Robertson Dean’s performance did you like?
Clear delivery.
Was this a book you wanted to listen to all in one sitting?
No
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Performance
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- Logen Johnson
- 02-07-21
A wealth of knowledge ans insight
Explains the impetus, theory and structure behind strategy consulting's most fraternized frameworks targeting improved competitive advantage.
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Performance
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- Gerardo A Dada
- 03-01-15
The History of Strategy Consulting
This is not a book about strategy or strategic models. Don't expect a conversation on what makes a good strategy, how to develop one or how to execute strategy.
Instead, Kirds of Strategy provides a well documented, very well narrated history of strategy consulting covering the origins of Bain, BCG, and how firms like McKenzie built their strategy consulting practices up to modern times.
It's fascinating to learn how much the discipline of strategic planning has evoilved in the past 50 years. It is easy to forget how green was the business world just a few decades ago.
The audiobook is always interesting, narrated well, and overall a good book.
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- Mark Faust
- 09-30-12
A good history lesson with seeds of wisdom
If you could sum up The Lords of Strategy in three words, what would they be?
The evolution of modern business strategy.
What did you like best about this story?
Synopsized the best ideas of leaders in the field of strategy.
Which character – as performed by Robertson Dean – was your favorite?
Bruce Henderson founder of Boston Consulting Group.
Did you have an extreme reaction to this book? Did it make you laugh or cry?
It made me realize my own strengths and unique insights on the subject while also refining other areas that were the strengths of the "lords" throughout the book.
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- Chimdi Azubuike
- 12-27-15
Great book - wonderful reading
Everything I hoped for and much more. An amazing overview of the consulting world. Wonderful insight.
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- Tyler Durden
- 03-17-12
Fascinating and entertaining read
If you could sum up The Lords of Strategy in three words, what would they be?
Management Consulting Insights
Who was your favorite character and why?
Bill Bain,for his innovation
Any additional comments?
Great read/listen - entertaining, intellectually stimulating with knowledge and lessons vital for the understanding and practice of modern management consulting.
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- Manvendra Kumar
- 12-06-15
History of Strategy done right.... Loved this book
Would you recommend this audiobook to a friend? If so, why?
Indeed. A must read for anyone who want to know know about Strategy. This book is about history and there is no better way that history to understand the foundation of anything. Really appreciate Walter's effort in putting so much effort in compiling this book.
Who was your favorite character and why?
Not applicable.
Which character – as performed by Robertson Dean – was your favorite?
Not applicable.
Was there a moment in the book that particularly moved you?
The entire book was so absorbing that it was hard to say which one was the best moment. The book has so much of insight that I will recommend reading/listening to the end.
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- fellow traveler
- 03-30-16
recommended for any lover of business strategy
I found this informative read that help me put together and understand the history of a lot of the business for literature that I've read. highly recommended for enthusiasts
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