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7 Powers: The Foundations of Business Strategy by [Hamilton Helmer]
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7 Powers: The Foundations of Business Strategy Kindle Edition

4.6 out of 5 stars 232 ratings

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Daniel Ek, CEO and Co-Founder of Spotify Hamilton Helmer is the best kind of big thinker - he offers great insights that you can turn into real world action. At Spotify the 7 Powers are widely used as we discuss new initiatives. His distillation of the key types of strategic power, how to find them, how to leverage them, and how to maintain them is a fantastic toolset for companies at every stage Reed Hastings, CEO and Co-Founder of Netflix The forces of competition are just incredibly strong. Everyone is trying to eat your lunch, and if you don't read 7 Powers you're going to die a lot sooner. Jonathan Levin, Philip H Knight Dean, Stanford Graduate School of Business 7 Powers lays out a clear, compelling and insightful framework for thinking about the persistent sources of competitive advantage. Helmer draws on three decades of experience to break down how companies establish power and shape their industries, illustrating at every turn with entertaining and illuminating examples. Peter Thiel, entrepreneur and investor Hamilton Helmer understands that strategy starts with invention. He can't tell you what to invent, but he can and does show what it takes for a new invention to become a valuable business. Bruce Chizen, former CEO of Adobe 7 Powers provides vital guidance for any business person developing strategy. I have known Hamilton for over a decade since his time as a strategy advisor to Adobe, and I am delighted that he is now sharing his original and compelling business insights. Pete Docter, Pixar director and two-time Academy Award winner for Up and Inside Out Hamilton is a deep thinker who makes a compelling connection between passion and good business. His ideas are well thought out, wise, and often challenging. I always look forward to what he has to say. Mike Moritz, Chairman of Sequoia Capital Making a small number of decisions wisely is far more important than making a lot of decisions correctly. Hamilton Helmer explains exactly how the leaders of the world's most successful businesses get that small number just right. Patrick Collison, CEO and Co-Founder of Stripe Silicon Valley correctly places enormous value on execution and on culture. However, I think this sometimes leads to insufficient importance being placed on strategy. Hamilton Helmer's deeply incisive work will hopefully help correct that. Blake Grossman, former CEO of Barclays Global Investors 7 Powers is a highly innovative approach to understanding some of the key underlying drivers of company value and capturing ideas that certainly are not very well understood in the markets. And the result has been one of the most exceptional and sustained alpha records I've ever seen. Daphne Koller, President and Co-Founder of Coursera This book is a must-read for anyone starting or growing a business. It lays out an elegant and insightful framework that really helped inspire my thinking about building and maintaining strategic advantage in a competitive landscape. Mark Baumgartner, Chief Investment Officer, Institute for Advanced Study A master in the discipline of strategy, Hamilton has condensed 40 years of thought and practice into a single readable book. Read it and to your benefit you will see the 7 Powers everywhere you look. Greg Hinckley, President, Mentor Graphics Corporation Mentor has benefited from a continuing consulting relationship with Hamilton for the better part of 20 years and has incorporated many of his ideas and principles into the core of our strategy. 7 Powers consolidates those ideas and principles into a powerful framework and vocabulary to describe and permit analysis of where a company stands in its competitive space. It's a powerful work. --This text refers to an alternate kindle_edition edition.

Product details

  • ASIN : B01MRLFFQ7
  • Publisher : Deep Strategy LLC (16 November 2016)
  • Language : English
  • File size : 11323 KB
  • Text-to-Speech : Enabled
  • Enhanced typesetting : Enabled
  • X-Ray : Not Enabled
  • Word Wise : Enabled
  • Print length : 226 pages
  • Customer Reviews:
    4.6 out of 5 stars 232 ratings

Customer reviews

4.6 out of 5 stars
4.6 out of 5
232 global ratings
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Top reviews from India

Reviewed in India on 15 October 2020
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Reviewed in India on 21 August 2020
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Reviewed in India on 26 January 2020
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2 people found this helpful
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Reviewed in India on 20 June 2020
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Reviewed in India on 14 August 2018
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Reviewed in India on 6 February 2020
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Top reviews from other countries

Mallika
5.0 out of 5 stars Finally an intersection between Silicon Valley and Value Investors!
Reviewed in the United Kingdom on 25 January 2021
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5.0 out of 5 stars Finally an intersection between Silicon Valley and Value Investors!
Reviewed in the United Kingdom on 25 January 2021
I read 7 Powers right through in one sitting. I've compartmentalised Silicon Valley go-go-go culture in one area of my brain, and value investors watching paint dry in another areas. This book is the first one that reconciled the two in my head. Strategy/ power/ moat/ barriers are all subtly different and if you're interested in long term cash flows, I encourage you to dive into this book and incorporate these differences into your investing mental models.

This book will be good for value investors, tech startup founders and corporate execs. That's a rare trio to serve in one book.

I found the "counterpositioning" power the most compelling in terms of new thinking. The example given is Vanguard vs asset managers. Previously I'd seen asset managers as choosing to charge active management fees, the counterpostioning chapter made me realise they had no choice.

While tech founders might find a quick read useful, I would encourage professional investors to read it closely and learn the framework Hamilton Helmer has outlined.

The charts and "math" are very useful as you go deeper into the concepts, but you can easily gain much by sticking to just the text.
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SimonJ
3.0 out of 5 stars Okay okay
Reviewed in the United Kingdom on 28 May 2017
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One person found this helpful
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Andrew Beurschgens, a passionate BlackBerry user
5.0 out of 5 stars Great restatement of all things strategic
Reviewed in the United Kingdom on 8 September 2018
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Amazon Customer
5.0 out of 5 stars One of the best books on strategy ever
Reviewed in the United Kingdom on 27 April 2020
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Oscar Del Santo
5.0 out of 5 stars Wonderful in every respect
Reviewed in Spain on 19 June 2020
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