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Booz Allen Hamilton: An insider guide - Gymkhana

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The Entertainment Economy:How Mega-Media Forces Are Transforming Our LivesFor Your ReferenceMichael J. Wolf (Times Books, 1999).Here’s a book about how mass media rules our lives that won’t tell you to destroyyour television set. Instead, it’ll tell you to turn it on and learn some lessons aboutwhat sells and what doesn’t in today’s economy. It’s written by Michael J. Wolf, aformer senior partner at <strong>Booz</strong> <strong>Allen</strong> who jumped ship for McKinsey in 2001. Ina nutshell, Wolf’s thesis is that to get ahead in today’s media-saturated marketplace,consumer businesses in all industries have to win and retain an audience byfeeding it fresh, engrossing content. The influence of entertainment in all aspectsof business and society is what he calls the “e-factor.”Balanced SourcingTimothy M. Laseter (Jossey-Bass Publishers, 1998).Written by <strong>Booz</strong> <strong>Allen</strong> <strong>insider</strong> Timothy Laseter, this book explores a fundamentaloperational issue affecting all kinds of businesses: sourcing. Now that reengineeringhas gone out of favor, optimizing supplier relationships is one of thehottest cost-cutting strategies in use today. If your interests lie in businessprocesses, read this book for some tips on helping your future clients maximizetheir bottom line by profitably outsourcing their assembly lines.Smart Alliances: A Practical Guide to Repeatable SuccessJohn Harbison and Peter Pekar, Jr. (Jossey-Bass Publishers, 1998).Written by <strong>Booz</strong> <strong>Allen</strong> consultants, Smart Alliances examines the familiar “buyor build” dilemma that has faced CEOs of all stripes at one time or another.Does it make more sense to acquire an outside business or to create one’s own?Harbison and Pekar’s proposed solution gives some compelling evidence infavor of a third alternative: forging strategic alliances with competing orcomplementary businesses for mutual benefit.83

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