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Turbo Strategy — 21 Powerful Ways to transform Your Business and Boost Your Profits Quickly

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Turbo Strategy; 21 Powerful Ways to transform Your Business and Boost Your Profits Quickly

160 pages, Hardcover

Published January 1, 2003

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About the author

Brian Tracy

1,435 books5,247 followers
Brian Tracy is Chairman and CEO of Brian Tracy International, a company specializing in the training and development of individuals and organizations.

He has consulted for more than 1,000 companies and addressed more than 5,000,000 people in 5,000 talks and seminars throughout the US, Canada and 55 other countries worldwide. As a Keynote speaker and seminar leader, he addresses more than 250,000 people each year.

Brian has studied, researched, written and spoken for 30 years in the fields of economics, history, business, philosophy and psychology. He is the top selling author of over 45 books that have been translated into dozens of languages.

He has written and produced more than 300 audio and video learning programs, including the worldwide, best-selling Psychology of Achievement, which has been translated into more than 20 languages.

He speaks to corporate and public audiences on the subjects of Personal and Professional Development, including the executives and staff of many of America's largest corporations. His exciting talks and seminars on Leadership, Selling, Self-Esteem, Goals, Strategy, Creativity and Success Psychology bring about immediate changes and long-term results.

Prior to founding his company, Brian Tracy International, Brian was the Chief Operating Officer of a $265 million dollar development company. He has had successful careers in sales and marketing, investments, real estate development and syndication, importation, distribution and management consulting. He has conducted high level consulting assignments with several billion-dollar plus corporations in strategic planning and organizational development.

He has traveled and worked in over 80 countries on six continents, and speaks four languages. Brian is happily married and has four children. He is active in community and national affairs, and is the President of three companies headquartered in San Diego, California.

His most popular training programs are centered around teaching authors how to write a book and helping public speakers create successful careers.

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Displaying 1 - 4 of 4 reviews
Profile Image for Zdenek Sykora.
435 reviews23 followers
June 10, 2024
Brian Tracy’s TurboStrategy offers a comprehensive guide for business leaders seeking to enhance their strategic planning and boost profitability. The book, built on Tracy’s vast experience and insights, provides actionable steps and practical advice, making it a valuable resource for anyone aiming to transform their business rapidly. Below are the main points and takeaways from each chapter:

Chapter Summaries and Key Takeaways

Introduction

Tracy emphasizes the importance of adaptability in business strategy. The core message is that the answers to business challenges are constantly evolving, necessitating a flexible and forward-thinking approach.

Chapter 1: Start Where You Are

This chapter encourages a clear-eyed assessment of the current business situation. Tracy stresses understanding what is working and what is not, focusing on sales, cash flow, and profitability. Clarity is essential for effective strategic planning.

Chapter 2: Draw a Line Under the Past

Tracy introduces zero-based thinking, urging readers to reassess every aspect of their business from scratch. He highlights the importance of letting go of non-performing aspects and embracing necessary changes.

Chapter 3: Conduct a Basic Business Analysis

Here, Tracy outlines the need for a thorough business analysis, starting with fundamental questions about the business, customer base, and competition. He provides a framework for identifying core strengths and weaknesses.

Chapter 4: Decide Exactly What You Want Using the GOSPA model (Goals, Objectives, Strategies, Plans, Actions),

Tracy guides readers in setting clear, measurable goals. He underscores the necessity of precise planning to achieve business objectives.

Chapter 5: Design Your Ideal Future

Tracy advises business leaders to visualize their ideal future state and work backward to identify the steps needed to achieve it. This vision-driven approach helps in setting long-term strategic goals.

Chapter 6: Create a Mission Statement

A compelling mission statement is crucial, according to Tracy. It should reflect the core values and aspirations of the business, providing direction and motivation for the entire organization.

Chapter 7: Reinvent Your Organization

Tracy discusses the importance of reinventing the business in response to changing external conditions. He encourages viewing the business as a bundle of capabilities that can be redirected as needed.

Chapter 8: Select the Right People

The chapter highlights the significance of hiring the right people. Tracy suggests thorough interviewing processes and emphasizes the value of team members who are both competent and compatible.

Chapter 9: Market More Effectively

Effective marketing strategies are essential for business success. Tracy outlines methods for understanding customer needs and aligning marketing efforts to meet those needs efficiently.

Chapter 10: Analyze Your Competition

Knowing your competition is key. Tracy provides tools for analyzing competitors’ strengths and weaknesses and leveraging this knowledge to enhance your own strategic position.

Chapter 11: Do It Better, Faster, Cheaper

Efficiency is crucial for competitive advantage. Tracy offers strategies for streamlining operations and reducing costs without sacrificing quality.

Chapter 12: Change Your Marketing Mix

Adjusting the marketing mix in response to market conditions is vital. Tracy discusses the importance of flexibility in marketing strategies to maintain relevance and effectiveness.

Chapter 13: Position Your Company for Success

Positioning is about creating a unique value proposition. Tracy emphasizes the need for clear, consistent messaging that differentiates your business from competitors.

Chapter 14: Develop Strategic Business Units

Tracy advocates for the creation of strategic business units (SBUs) to focus on distinct market opportunities and streamline management.

Chapter 15: Sell More Effectively

Sales effectiveness is a critical driver of business success. Tracy provides practical tips for improving sales techniques and processes to boost performance.

Chapter 16: Eliminate the Bottlenecks

Identifying and removing bottlenecks in operations can significantly enhance efficiency. Tracy guides readers through the process of pinpointing and addressing these constraints.

Chapter 17: Reengineer Your Company

Reengineering involves fundamental rethinking of business processes. Tracy outlines steps for redesigning workflows to improve efficiency and effectiveness.

Chapter 18: Pump Up Your Profits

Profitability should always be a focus. Tracy discusses strategies for increasing revenues and reducing costs to enhance overall profitability.

Chapter 19: Commit to Continuous Improvement

Continuous improvement is essential for long-term success. Tracy emphasizes the importance of fostering a culture of ongoing improvement and innovation.

Chapter 20: Concentrate on the Core

Focusing on core competencies can drive business success. Tracy advises concentrating resources on areas where the business excels and can deliver the most value.

Chapter 21: Focus on Results

Finally, Tracy underscores the importance of results-oriented thinking. He encourages setting clear performance metrics and regularly reviewing progress to ensure strategic goals are met.

Conclusion

Tracy concludes with a call to action, urging readers to implement the strategies discussed to achieve rapid and sustained business growth. Overall, TurboStrategy is a valuable resource for business leaders aiming to navigate the complexities of modern business environments and achieve rapid growth. Tracy’s clear, practical advice provides a roadmap for strategic success.
54 reviews
June 8, 2019
Building the Citadel

Brian, this book is simple, powerful and full of easy to learn strategies that bring about an immediate result.

Give the book a try.
Profile Image for Lawrence M Law.
25 reviews3 followers
January 1, 2009
Wow, wish I had this 2 years ago... no, 10, 20... yeah, 20 years ago... ok, wish I had it 30 years ago, or even 35 years ago... what a difference my life would be now...
Displaying 1 - 4 of 4 reviews