Secrets of Software Success: Management Insights from 100 Software Firms Around the World
||Author: Detlev J. Hoch, Cyriac R. Roeding, Gert Purkert, Sandro K. Kindner, Ralph Muller|
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Publisher: Harvard Business School Press (January, 2000)
Sales Rank: 82,597
Average Customer Rating: 3.94 out of 5
Customer ReviewsRating: 4 out of 5
Excellent book by Hoch of McKinsey
Secrets of Software Success goes beyond the dry research papers that appear in the McKinsey Quarterly. Several consultants took upshots from 450 executives and laid them out in a concise and applicable manner. The authors reveal traits that could be implemented at any industry. Software consulting firms lead the industry in customer service and spend 78% of their advertising budget marketing their company name. We see so many software start ups as 95% is intangible capital. Partnerships are used to make up for gaps. Most companies make decisions quickly as they are based on a flat team-based organizational structure. Besides stock options, their culture has successfully overcome factors such as a variety of work styles and high turnover. Almost all companies do daily builds as stress causes 40% of all software errors and late fixes in design could cost 200 times an immediate fix. To conclude, a must read for anyone who wants to be a part of the digitized future.
Rating: 3 out of 5
I expect better content from McKinsey folks..
Overall this is an adequate book for the title. However, coming from McKinsey folks, then...... hmmm.... The writing is a little sloppy and some of the analysis are not really insights. There ought to be more daring predictions at the end of the book from the authors... I suggest the authors to create an updated edition NOW since things are changing so much so fast in the software industry.
Rating: 5 out of 5
A great analysis of today's software industry
If you work in software, then you MUST read 'Secrets of Software Success'. Its analysis of the factors influencing software company performance is both rigorous and entertaining.
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