PRAISE FOR THIS BOOK:
The speed of innovation is multiplied many times over - the head of Airbus recently complained that new Airbus planes coming into the market are already outdated in terms of ICT (information and communication technology). Use of 5-STAR Business Networks help to multiply this speed of innovation and if your company is not using these 5-STAR Business Networks for Innovation then it is likely very soon your company will fall behind your competitors. That is how the chemicals companies are changing their business models from sellers of commodity chemicals to solution sellers, and most other industries are creating new business models today.
Dr Hanns Zeltinger
Former CIO DaimlerChrysler,
Financial Services Asia Singapore
The rules of the business world have changed - and few have a grasp of the new reality. This book is a pivotal wake-up call for business leaders to get them on track towards a whole new step change or two in performance. From the use of technology to outsourcing to innovation - the breadth and depth of thinking is seminal and intense. The best aspect of this book is the actionable nature and practicality of the content.
Tony Fedorowicz
Ex Head of Supply Chain Asia/Australia - Orica Mining Services, Sydney
In the high volatility environment, if you are running a portfolio of supply chain purchases worth hundreds of millions of dollars a year, there is no other way to mitigate the enormous risk than by managing the business network extremely carefully. This book expounds and builds on some of the techniques I have utilized for risk management and value creation in a soft commodity supply chain through roller-coaster highs and lows of the recent commodity cycles. There is no doubt Business Networks are powerful beyond belief and useful beyond comparison.
Hugh Robertson,
Ex Director - Commodities and Risk, Weston Milling, Sydney
This book offers a breath of fresh air in the world of business strategy dominated by the staid Ivy League thinking which cannot see beyond its very own doorsteps. When everybody is thinking alike - in general - nobody is thinking at all. This book will force you to think afresh - and it will show you how to apply your thinking in the changing business environment to create new business models that suit the modern business reality a lot more.
Gennady Teplitsky
Ex Vice President - JPMorganChase New York
From the outset, it is clear that Vivek Sood brings passion, intelligence, and uncommon insight to his topic - understanding and interpreting for the reader the powerful influence and value of the business networks that underlie success in the modern world. Well-researched, broad-reaching, and with a refreshing "outsider" perspective free of academic jargon, this practical book will give you insights you can use to create and leverage these powerful networks in your own business - a must-read for anyone who wants to understand and use one of the most powerful forces at work in today's hyper-connected world.
Tony Coretto
Co-Founder and Co-CEO, PNT Marketing Services
I have been most impressed with the business acumen and insights in these pages. The author has clearly become an authority in his logistics and management field worldwide. His book is a gem to be read and appreciated by all those who desire to be on top of current managerial thinking and desire to reap the benefits of his experience and capacity. I recommend this to all. I certainly will use this book in my practice and benefit from it personally. I recommend it to my students interested in consulting, operations and logistics. A must and worthwhile read!
Lin Giralt
Adjunct Professor and Lecturer, Rice University
Jones Graduate School of Business, Houston
This book shines out of the pile not because it is an in-depth and original look into the power of the business networks, but because its author applied in it his rare passion, vision, common sense and innovation, which are core for today's business evolution, achieving results and leading and inspiring for a better world. Read this book if you want to be inspired in your daily activities, regardless of whether you are a chairman or a student - it has it all for everybody!
Andrey Manev
CEO, HUS
5-Star Business Networks is the new model that makes the existing model obsolete. In these rapidly changing times new systems and tools are needed. Authentic leadership and emotional intelligence is being used within global 5-Star Business Networks to build trust and better results. This is the new economic currency.
Phil Johnson
Organizational Development Author, Speaker, Teacher and Coach President, Master of Business Leadership Inc., Toronto
THE 5-STAR BUSINESS NETWORK
www.5starbusinessnetwork.com
Published by: Jardine Thompson Pty Ltd,
Level 9, 80 Arthur Street, North Sydney, NSW, 2060, Australia
THE 5-STAR BUSINESS NETWORK Copyright: Vivek Sood, 2013
All rights reserved
No part of this book maybe used or reproduced in any manner whatsoever without written permission from the author, except in the case of brief quotations for the purpose of discussion spurred from this material, in which case they must be properly attributed. All models and diagrams are to be quoted in their entirety and attributed to the author in headline fonts.
The scanning, uploading and distribution of this book via the internet or any other means is illegal, and will attract penalties. Please support the authors rights by purchasing only authorized digital copies of this material.
The publishers and author acknowledge the trademarks, trade names and copyrights of the holders where such material is used in this book. For detailed acknowledgements please see the sections at the back of this book. While all attempts have been made to attribute such acknowledgements in the chapters of the book, plus notes and the acknowledgement sections at the end of the book, if inadvertently there has been an oversight about your material, please bring it to our attention to rectify.
ISBN-13: 978-0615794198
ISBN-10: 061579419X
Typesetting by: Jhernilyn Velasco
Cover Design by: Tab Satti
This book is not intended to provide customized advice about strategy, supply chain management, finance, organization design or any other aspect of running a business to any individual or organization. The intention of the author and publishers is to provoke thoughts and discussions that will ultimately lead the companies and individuals to critically examine the appropriateness of their current strategies, supply chains, operations, organization design and performance. We encourage you to think relentlessly and apply the knowledge that emerges. The author and the publishers specifically disclaim any liability, loss or risk which is incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this book.
The 5 Star Business Network
And the CEOs who are building the next Generation of Super-Corporations With It
by Vivek Sood
DEDICATION
T his book is dedicated to the future generations - they will make the world an even better place. In particular this book is dedicated to our sons - Raman, Jay and Dev - who make every day for me a joy to live.
Life is no brief candle to me. It is a sort of splendid torch which I have got a hold of for the moment, and I want to make it burn as brightly as possible before handing it on to future generations.
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