cover image BREAKTHROUGH: How Great Companies Set Outrageous Objectives—and Achieve Them

BREAKTHROUGH: How Great Companies Set Outrageous Objectives—and Achieve Them

Bill Davidson, . . Wiley, $27.95 (244pp) ISBN 978-0-471-45440-3

Walking in the footsteps of Jim Collins's business bestseller Good to Great , Davidson (The Amazing Race ) offers a prescription for corporate greatness based on his study of more than 70 high-performing companies. But while Good to Great focused on lesser-nown firms, this volume looks to blue chips like IBM, Dell, Schwab, Caterpillar and ADS. Davidson's premise is that "breakthrough" companies achieve what they do by setting outrageous objectives and pursuing them with single-minded intensity. The go-for-broke, swing-for-the-bleachers approach that he favors means that there are plenty of intriguing innovations on display. For example, Progressive Insurance vowed to deliver the fastest claim resolution to auto policyholders and—taking that idea to its "outrageous" conclusion—broke the industry mold by putting claims agents in vans, ready to go at a moment's notice to meet a customer at the scene of an accident. However, the emphasis here is not on storytelling but on building a case for the "breakthrough" approach that can apply to the reader's own business. What's most impressive is that the companies cited are by and large established players who've radically transformed their operations, rather than startups that begin with a "clean slate." Overall, Davidson's argument is credible and logical; the trouble is, it's a little too familiar. So much has been written about corporate transformations through technology or re-engineering during and after the Internet bubble that it's hard to muster a sense of excitement or discovery. In the end, this is a worthy title, but one that lacks the "breakthrough" spark of visionary thinking to take it to the next level. (Nov.)