One morning, around the time the Sensex first crossed 20,000, a friend told me that he had made a happy discovery: he was rich. Over the years, he and his family had made a habit of putting aside money they did not need. Ever so often, they would use it to buy shares in a handful of companies they liked. How these companies were selected is lost in the mists of time, but there were not many of...

The authors bring to the subject of organisation transformation their experience in international consulting as they are both with McKinsey
& Co. Drawing heavily from current management theories as well as their work experience, they have analysed the performance of top 150 companies from 1970 through 2004 and found that some companies earned higher profits per employee because they had...