From the list on how to manage profit and survive.
Who am I?
Hermann Simon is a world-renowned expert on price and profit management. He is the founder and honorary chairman of Simon-Kucher & Partners, the global leader in price and topline consulting with 1700 employees and 41 offices worldwide. He is the only German in the Thinkers50 Hall of Fame of the most influential management thinkers. In China a business school is named in his honor. Profit is at the core of Hermann’s writing and consulting activities.
Hermann's book list on how to manage profit and survive
Discover why each book is one of Hermann's favorite books.
Why did Hermann love this book?
This book approaches profit improvement primarily from the cost side. Numerous practical methods and tricks are explained. If these are successfully implemented in real business, significant profit improvements will result in a short time (hence the six months or less!). But these methods are not without risks, because if you treat stakeholders such as suppliers, banks, and employees too harshly, this can lead to negative reactions. The same is true for competitors if you play too hard. Therefore the judgment of one reviewer should be observed: Useful if applied with common sense, but dangerous in the wrong hands.