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 strategy compass to help businesses navigate these pivotal moments and make decisions that align with their core strategic direction. This book is an indispensable guide for anyone looking to understand and apply effective business strategy principles in today's dynamic business environment.