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Mean Business: How I Save Bad Companies and Make Good Companies Great By Albert J. Dunlap, John (Editor) Mahaney, Bob Andelman
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- Sales Rank: #2016365 in Books
- Published on: 1996-08-27
- Released on: 1996-08-27
- Original language: English
- Number of items: 1
- Dimensions: 1.02" h x 6.41" w x 9.55" l, 1.10 pounds
- Binding: Hardcover
- 289 pages
Amazon.com Review
Al Dunlap, whose corporate behavior has earned him nicknames like The Shredder, took over as CEO of Scott Paper when the venerable paper goods manufacturer was on the brink of death. His ultimately successful efforts at corporate resuscitation are recounted in his typically colorful and exhilarating manner in Mean Business: How I Save Bad Companies and Make Good Companies Great, written with Bob Andelman.
From Publishers Weekly
Company turnaround specialist Dunlap is termed by his critics "Rambo in Pinstripes" or "Chainsaw Al." Most recently notable for a 16-month stint at Scott Paper during which company stock rose 163% (Dunlop sold off non-core businesses and cut executive perks), he now heads the appliance maker Sunbeam. Dunlap scorns trendy management theories and considers downsizing not a bandwagon action but a response to a company's fundamental weaknesses. His formula appears deceptively simple: pick a good (and small) team, figure out what business you are in, concentrate only on that, cut costs and market your product well. He approaches boards in a similar fashion, arguing that all directors should buy stock when they join, be paid only in stock, serve no more than five years and never forget they work for the stockholders. Much of Dunlap's argument makes sense, and he is probably right when he says that he would not be hired if managers had done their jobs right. But, having made his reputation now, he'd do well to take the chip off his shoulder and stop positioning himself as "A Nothing Kid from Hoboken" who takes cheap shots at Harvard M.B.A.s. Author tour.
Copyright 1996 Reed Business Information, Inc.
Review
Allan Sloan Newsweek He's been fixing troubled businesses for more than twenty years. Dunlap's strength is being able to look at troubled companies objectively.
Patricia Holt San Francisco Chronicle His outspokenness is refreshing...workers and shareholders alike will applaud his approach to high-salaried CEOs whose companies are crumbling.
Barbara Sullivan Chicago Tribune Hate him or love him, this is a fascinating book.
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