7 Powers: The Foundations of Business Strategy

7 Powers: The Foundations of Business Strategy Hamilton Helmer's "7 Powers" presents a revolutionary approach to business strategy, offering a comprehensive and easily applicable toolset for creating enduringly valuable companies. With his extensive experience as a business strategy advisor, active equity investor, and Stanford University teacher, Helmer introduces a practical theory of Strategy centered on the concept of Power. The book explains Power as those conditions that enable businesses to achieve persistent differential returns. Helmer uses detailed real-world examples to define what businesses must accomplish to establish such Power. Emphasizing the critical nature of invention, the book then outlines the Power Progression, a framework guiding businesses on when to establish their Power—during the Origination, Take-Off, or Stability phases. "7 Powers" is particularly relevant for businesses facing crucial strategy decisions amidst uncertainty. Helmer provides a real-time stra