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Zoom: How 12 Exceptional Companies Are Navigating the Road to the Next Economy. (Book Shelf).


Zoom: How 12 Exceptional Companies Are Navigating the Road to the Next Economy. By James IV James IV, king of Scotland
James IV, 1473–1513, king of Scotland (1488–1513), son and successor of James III. He was an able and popular king, and his reign was one of stability and progress for Scotland.
, Citrin. Currency/Doubleday 255 pages. $24.95.

The book's title implies speed, and speed is one of the attributes that author James Cirtin believes is essential for success in today's economy. But he serves up other winning strategies that rely on old-fashioned verities, and holds up as winners several companies from the Old Economy, as well as the New.

Citrin effectively uses the dozen companies to illuminate il·lu·mi·nate  
v. il·lu·mi·nat·ed, il·lu·mi·nat·ing, il·lu·mi·nates

v.tr.
1. To provide or brighten with light.

2. To decorate or hang with lights.

3.
 his fundamental drivers of success, which he summarizes early on: go for speed, create a learning organization, obsess ob·sess  
v. ob·sessed, ob·sess·ing, ob·sess·es

v.tr.
To preoccupy the mind of excessively.

v.intr.
 [over] the customer; reward appropriate risk-taking and failure; absorb uncertainty; and master deal-making and partnering skills. Many successful organizations do just one well, but General Electric Co., he writes, "pull(s) all the strategies together."

Citrin, a co-author of last year's Lessons from the Top, a study of business leaders, writes smoothly and persuasively; and the companies he chooses effectively capsulize cap·sul·ize  
tr.v. cap·sul·ized, cap·sul·iz·ing, cap·sul·iz·es
To capsule: capsulized the news every 30 minutes.
 his arguments. In "create a learning organization," for instance, he mentions Internet investment site The Motley Fool and auction Web star eBay, which constantly sample customers and implement changes as a result. For deal-making and partnering, he cites Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation).
Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006.
, a deal-maker par excellence, and BEA Systems BEA Systems, Inc. (NASDAQ: BEAS) is one of the major companies developing enterprise infrastructure software. BEA makes middleware, products that help software run on top of databases. , which has prospered by partnering with its customers.

Lists, occasional tables, black-and-white drawings and a layout that doesn't cram text on the page all help give Zoom a reader-friendly approach to a v vital subject.
COPYRIGHT 2002 Financial Executives International
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Author:Marshall, Jeffrey
Publication:Financial Executive
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 1, 2002
Words:244
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