Cover image for Smart or lucky? : how technology leaders turn chance into success
Title:
Smart or lucky? : how technology leaders turn chance into success
Personal Author:
Edition:
1st ed.
Publication Information:
San Francisco : Jossey-Bass, c2011
Physical Description:
xx, 217 p. ; 24 cm.
ISBN:
9780470891421

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Item Category 1
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30000010279054 HB615 H87 2011 Open Access Book Book
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Summary

Summary

Smart or Lucky? How Technology Leaders Turn Chance into Success

About the Book:

An insider's look at the combination of luck and smarts you need to succeed in today's changing tech world.

To be successful in any highly competitive market, you have to be smart, but you also have to be lucky by being at the right place at the right time. The most successful technology entrepreneurs understand the value of the combination of luck and smarts and make it work for them. Those who fail are the ones who may be lucky but get complacent, believe they're the smartest players in the market, and fail to make the changes needed to sustain leadership. Smart or Lucky? is for business leaders who are interested in learning what it takes to be successful in emerging markets and how to sustain success over the long term. It shows entrepreneurs how to recognize a lucky break and have the foresight to take advantage of it.

Offers concrete lessons based on well-tested principles that have broad applications for business leaders and entrepreneurs across industries Based on experiences with hundreds of successful and failed companies in the software market over three decades Author's method has resulted in expanded revenue and increased market success for both large and small companies

Informative and highly detailed, this is a must-read for all business leaders and emerging entrepreneurs who want to understand how to stay nimble and succeed in complicated, competitive markets.


Author Notes

Judith Hurwitz is president and CEO of Hurwitz Group, Inc., a strategy consulting and research firm focused on distributed computing technologies. She has been a computer journalist, computer industry analyst, strategy consultant, programmer, and commentator. A highly sought-after consultant for many established and emerging software companies, she is a frequent speaker at industry events and writes a popular blog focused on distributed technology. She lives in Newton, Massachusetts.

For more information, please visit www.smartorlucky.com


Reviews 1

Choice Review

Through a candid analysis of the failures and successes of well-known, technology-based organizations, Hurwitz ably demonstrates that having a good idea for a product/service does not ensure long-run success. Smart or Lucky? is written for the start-up business manager who wants to grow from being an entrepreneurial "silver bullet" provider to becoming a sustainable and critical part of customer success. The advantage of bringing a new idea to market can easily be overshadowed by the lack of focus on solving customer problems and long-term business planning. Hurwitz has established a reputation for giving no-nonsense advice to technical business managers through her consulting, other publications, and conference presentations. Viewing dot-com busts in hindsight provides opportunities for the author to determine what was done correctly or missed entirely. Acknowledging the challenges of painful technology transitions for IT professionals is a critical aspect of continued success, often ignored by managers. The clear writing style, pertinent examples, and distilled success stories in this book ensure solid take-away lessons. Chapter notes provide useful supplemental information. Summing Up: Recommended. Practitioners. N. J. Johnson formerly, Metropolitan State University


Table of Contents

Introductionp. ix
1 Lightning Doesn't Strike Twice
What Happens When You're Lucky but Think You're Smartp. 1
2 Gaining And Retaining Customers
How to Get Customers to Adopt and Commit to Technologyp. 27
3 You're Not Dead Yet
How Some Companies Come Back from Near Death Experiencesp. 41
4 The Google Sneak Attack
Supplanting the Market Leaderp. 61
5 Hero Worship
Gaining Loyalty by Helping Your Customers Find Personal Successp. 81
6 Lessons From the Lemmings Era
How Out-of-Control Dot-Coms Fueled the Futurep. 97
7 The Gotcha Syndrome
Why Promising Technologies Failp. 113
8 Standing On the Shoulders of Pioneers
How Lessons Learned from the Past Pave the Way for New Technologyp. 133
9 The Silver Bullet Syndrome
Beware of Solutions That Appear Too Good to Be Truep. 157
10 Splitting Up Is Hard to Do
When Walking Away from Legacy Products Makes Sensep. 173
Conclusion: Ten Rules for Turning Luck into Sustainable Successp. 189
Notesp. 197
Acknowledgmentsp. 205
About the Authorp. 207
Indexp. 209