Return to Books

    The Agenda

    What Every Business Must Do to Dominate the Decade

    By Michael Hammer

    Published 04/2003



    About the Author

    Michael Hammer is an internationally renowned consultant and lecturer, recognized as the originator of the business reengineering concept. He is also the author of the seminal work, Reengineering the Corporation. Hammer's contributions have significantly influenced modern business practices, particularly through his advocacy for process-oriented thinking and his insights into the evolving dynamics of customer-supplier relationships.

    Main Idea

    The central theme of The Agenda: What Every Business Must Do to Dominate the Decade by Michael Hammer revolves around the transformation from supplier-dominated economies to customer-centric ones. Hammer argues that businesses must adopt new strategies to thrive in this customer-dominated era. He outlines nine critical agenda items that companies should focus on to ensure success, ranging from becoming easy to do business with (ETDBW) to fostering creative collaboration with external partners. Hammer's framework emphasizes the importance of process integration, value addition, and dynamic organizational structures to meet the evolving needs of customers.

    Table of Contents

    1. Run Your Business for Your Customers
    2. Give Your Customers What They Really Want
    3. Put Process First
    4. Create Order Where Chaos Reigns
    5. Measure Like You Mean It
    6. Manage Without Structure
    7. Focus on the Final Customer
    8. Knock Down Your Outer Wall
    9. Extend Your Enterprise
    10. Prepare for a Future You Cannot Predict

    Run Your Business for Your Customers

    To succeed, you must become ETDBW, or easy-to-do-business-with. Being ETDBW means that from the customer's standpoint, interacting with you is as inexpensive and effortless as possible. It means you accept orders when and by whatever means your customer wants to use, you make it painless for him to check the order, you send a simple bill, and your customer service representatives actually provide service.

    "For customers, price is only part of the cost of doing business with you. In some cases, the overhead involved in doing business with you may rival what you charge." — Michael Hammer

    Becoming ETDBW requires adopting six practices:

    • Present a single face to your customer: Create an integrated team that deals with customers across all products and functions.
    • Work in different ways for different classes of customers: Customize your approach for various customer segments to enhance their experience.
    • Know what your customers will ask for before they do: Predict customer needs and be prepared to meet them proactively.
    • Make your customers' experience a seamless one: Ensure that every employee can access relevant customer information to provide consistent service.
    • Let customers do more for themselves: Empower customers to manage their own orders and interactions with your business.
    • Measure the things that customers really care about: Focus on metrics that matter to customers, such as satisfaction and ease of use.

    Give Your Customers What They Really Want

    Your customers have no interest in you or your company and only a little more in your products or services. You are merely a bit player in their lives. What your customers care about is themselves and your only excuse for existing is your ability to improve their lives. You must go beyond giving them your products and services; you need to help them solve the problems that motivated them to ask for those products or services in the first place.

    "You must control as much of the ladder as possible so that the solution is an integrated one." — Michael Hammer

    This approach involves providing more value-added (MVA) services. Visualize MVA as a ladder with your product at the bottom and the solution to your customer's problem at the top. The more help you provide your customer to fill that gap, the more value you add to them, which differentiates you from your competitors.

      Sign Up for Free

    Sign up for FREE and get access to 1,400+ books summaries.

    You May Also Like

    FREE
     14 min
    The 7 Habits of Highly Effective People

    30th Anniversary Edition

    By Stephen R. Covey
     16 min
    Shoe Dog

    A Memoir by the Creator of Nike

    By Phil Knight
     10 min
    Zero to One

    Notes on Start Ups, or How to Build the Future

    By Peter Thiel
     20 min
    Bad Blood

    Secrets and Lies in a Silicon Valley Startup

    By John Carreyrou
     10 min
    The Lean Startup

    How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses

    By Eric Ries
     15 min
    Who Moved My Cheese?

    An Amazing Way to Deal with Change in Your Work and in Your Life

    By Spencer Johnson, M.D.
     12 min
    Lean In

    Women, Work, and the Will to Lead

    By Sheryl Sandberg
     19 min
    Good to Great

    Why Some Companies Make the Leap and Others Don't

    By Jim Collins
     11 min
    Start with Why

    How Great Leaders Inspire Everyone to Take Action

    By Simon Sinek
     10 min
    Deep Work

    Rules for Focused Success in a Distracted World

    By Cal Newport
     19 min
    Make Your Bed

    Little Things That Can Change Your Life...And Maybe the World

    By William H. McRaven
     26 min
    Rework

    By Jason Fried and David Heinemeier Hansson
     9 min
    Influence

    The Psychology of Persuasion

    By Robert Cialdini
     10 min
    Dare to Lead

    Brave Work. Tough Conversations. Whole Hearts.

    By Brené Brown
     22 min
    The 48 Laws of Power

    By Robert Greene
     12 min
    The Ride of a Lifetime

    Lessons Learned from 15 Years as CEO of the Walt Disney Company

    By Robert Iger
     12 min
    The One-Minute Manager

    By Ken Blanchard and Spencer Johnson
     17 min
    Extreme Ownership

    How U.S. Navy SEALs Lead and Win

    By Jocko Willink,
     21 min
    The Hard Thing About Hard Things

    Building a Business When There Are No Easy Answers

    By Ben Horowitz
     19 min
    Moneyball

    By Michael Lewis