Management in Ten Words by Terry Leahy

100%

12 Critic Reviews

What emerges is the picture of a management team, under Sir Terry, that was able to balance detail and strategy, simplification and choice, abundant data – that Clubcard again – and useful insight.
-Financial Times

Synopsis

From one of the world’s most admired business leaders, here is a remarkable book
that will forever change the way you think about management.

The meteoric rise of UK supermarket chain Tesco from humble beginnings to its current status as one of the largest retailers in the world can be largely credited to one man—its recently departed CEO, Terry Leahy. Leahy’s unflagging drive and commitment to progress, his no-nonsense approach to leadership, and his visionary perspective on the manager’s role made him a transformative figure not only within his company but within the culture at large—he was voted Business Person of the Year by
the Sunday Times in 2010.

But what’s Leahy’s secret? How did a workingclass kid whose first job with Tesco was stocking shelves rise to become his company’s most dynamic leader—quadrupling the firm’s profits and creating a new job every twenty minutes for more than ten years? How did he steer a midlevel supermarket chain to such success that it now accounts for one-seventh of all British spending on consumer goods, with truly global reach and thriving departments in everything from mobile-phone operation to financial services?

The answer can be found in ten deceptively simple words—words such as truth, loyalty, courage, and balance. Everyone thinks they understand what these words mean. But what Leahy learned in his fourteen years as the world’s greatest turnaround artist was that there is far more to actually practicing these time-honored values than most people know.

Management in 10 Words is Terry Leahy’s unflinchingly honest, deeply insightful account of the most valuable, hard-won lessons of his career. For any leader who aspires to be truly exceptional, this book is a must-read.
 

About Terry Leahy

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SIR TERRY LEAHY was educated at St. Edward's College, Liverpool, and then went on to the University of Manchester Institute of Science and Technology, where he gained his BSc (Hons) in management sciences. He joined Tesco when he was twenty-three, became the company's first marketing director, and was responsible for the introduction of the highly successful Tesco Clubcard. As CEO he oversaw Tesco's expansion into everything from electrical goods to insurance, built a £1 billion clothing business, and was one of the first to see the potential of the Internet for selling groceries. He was knighted in 2002 for his services to food retailing and has received many industry honors and awards, including the Sunday Times Business Person of the Year in 2010 and a Lifetime Achievement Award from Retail Week in 2011. Since Sir Terry stepped down as CEO of Tesco in February 2011, he has been in constant demand as a public speaker. He is also a senior adviser to Clayton, Dubilier & Rice, the U.S. private equity firm. In addition, he invests in entrepreneurial businesses and is involved with various charities.
 
Published June 19, 2012 by Crown Business. 322 pages
Genres: Business & Economics. Non-fiction
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Critic reviews for Management in Ten Words
All: 12 | Positive: 12 | Negative: 0

Financial Times

Excellent
Reviewed by Andrew Hill on Jun 06 2012

What emerges is the picture of a management team, under Sir Terry, that was able to balance detail and strategy, simplification and choice, abundant data – that Clubcard again – and useful insight.

Read Full Review of Management in Ten Words | See more reviews from Financial Times

The Economist

Excellent
Reviewed by The Economist on Jul 07 2012

...a veritable management page-turner that has interesting things to say about everything from the evolution of British society to the art of transforming huge organisations.

Read Full Review of Management in Ten Words | See more reviews from The Economist

The Independent

Excellent
Reviewed by JAMES THOMPSON on Jun 09 2012

The framework of the book is based on Sir Terry's management beliefs, summed up by 10 words, including courage, loyalty, balance and values.

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Dallas News

Excellent
Reviewed by IM PAWLAK on Jul 28 2012

As CEO of a $97 billion supermarket chain, Terry Leahy offers 10 words that could be called the 10 commandments of management:

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Irish Times

Excellent
Reviewed by Irish Times on Jun 11 2012

Candid and well written, Leahy has much to impart about how to run a large business successfully.

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London Evening Standard

Excellent
Reviewed by Chris Blackhurst on Jun 15 2012

...should be required reading for anyone running a business, or indeed any organisation. Each chapter revolves around one of his 10 words.

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Management Today

Excellent
Reviewed by Moira Benigson on Jul 06 2012

Nevertheless, it is a book that is powerful in its simplicity, like the man himself.

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Business Standard

Excellent
Reviewed by Alokananda Chakraborty on Aug 02 2012

Leahy’s prose is inspirational without being over the top; he writes with a light touch, complementing the book’s common-sense approach.

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Business Day Online.

Excellent
Reviewed by Business Day Online. on Sep 18 2012

...distils his understanding in management in just 10 words. The book is most humbling because there isn’t any talk of some grand, well articulated management methodology.

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Third Sector

Excellent
Reviewed by Emma De Vita on Aug 20 2012

It's the kind of back-to-basics stuff that every manager should live and breathe, but on which so many fail.

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Simply Communicate

Excellent
Reviewed by Marc Wright i on Jun 29 2012

...Leahy's book is not without pith and wit and I am sure that anyone working in retail or a large distributed business will benefit from reading 'Management in 10 Words'.

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Food Manufacture

Excellent
Reviewed by Mike Stones on Jun 07 2012

Retail guru Sir Terry Leahy, former ceo Tesco, has published a 10 words management handbook based on his years at the helm of the UK’s biggest supermarket.

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