This is an amazingly revealing book about the dangers of complexity that is not consciously managed. And just what does managing comlexity entail? I the authors' words, it means
- Eliminating complexity that customers will not pay for
- Exploiting the complexity customers will pay for, and
- Minimizing the cost of the complexity you offer
In part 1 the case is made for conquering complexity in your business' portfolio (number of offerings) and processes (number of ways of doing the same thing). Part 2 develops the conceptual framework for measuring and managing complexity. In part 3, you are shown how to apply these concepts to the elimination, exploitation and reducing the costs of complexity.
Lastly, part 4 shows how to create an organisational culture that supports complexity management, conquer the complexity in your value chain and even apply the principles in mergers and acquisitions.