I have read a lot of books on management theory but Magretta’s book is the one I most frequently recommend to new and experienced managers. As the former top editor for the Harvard Business Review, she has a wealth of insight to bring to the table.
In this book, Magretta presents a coherent look at general management which she describes as the genius in turning complexity and specialization into performance.
The book is divided into two parts:
The first part deals with creating value, using it to drive strategy and developing sound organizations.
Part two covers execution, why numbers matter, performance measures, innovation, delivering results and the intricacies of managing others.
Magretta uses ample case studies to illustrate her concepts and to ground theory in reality making this book an easy and enjoyable read.