Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success

Three top Wall Street analysts reveal enduring lessons in sustainable success from the great industrial titans_the high-tech companies of their day_to the disruptors that now dominate the economy.

Before Silicon Valley disrupted the world with new technologies and business models, AmericaÕs industrial giants paved the way. Companies like General Electric, United Technologies, and Caterpillar were the Google and Amazon of their day, setting gold standards in innovation, growth, and profitability. TodayÕs leaders can learn a great deal from their successes, as well as their missteps. In this essential guide, three veteran Wall Street analysts reveal timeless lessons from the titans of industry_and offer battle-tested survival tactics for an ever-changing world. YouÕll learn:

how GE became the largest company on earth_only for a culture of arrogance to set in motion the largest collapse in history
how Boeing reassessed risks, raised profits_and tragically lost its balance
how Danaher avoided the pitfalls of tremendous success_by continually reinventing itself
how Honeywell experienced a near-fatal cultural breakdown_and executed a flawless turnaround
how Caterpillar relied too much on forecasting, lost billions_and rallied by recommitting to the basics
Filled with illuminating case studies and brilliant in-depth analysis, this invaluable book provides a multitude of insights that will help you weather market upheavals, adapt to disruptions, and optimize your resources to your best advantage. YouÕll learn hard-won lessons in innovation, growth, resilience, and operational excellence, as well as the time-proven fundamentals of continuous improvement for lasting success. In the end, youÕll have your own personal toolbox of useful takeaways from more than a centuryÕs worth of data, experience, wisdom, and can-do spirit, courtesy of some of the greatest business enterprises of all time. This is how manufacturers survived the first disruptors of technology_and how todayÕs giants can survive and thrive during continuous cycles of disruption.