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Bare Essentials ISBN 13: 9783593380902

Bare Essentials - Softcover

 
9783593380902: Bare Essentials
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The book is the first profound book about one of the most successful food retailers in the world: ALDI. The management system and key success factors are described and explained in great detail.

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From the Back Cover:
Facts about ALDI
- With Wal-Mart, ALDI is the most successful retailer in the world
- Its founders, Karl and Theo Albrecht, are the wealthiest men in Europe, and the third richest in the world according to Forbes
- ALDI operates in 10 European countries, in the United States and in Australia
- Its stores stock only the 700 key items that consumers buy to meet their everyday needs
- On each item it sells, ALDI achieves revenues 20 to 100 times greater than those of Wal-Mart

Many European retailers are feeling the pinch. Constrained consumer spending and continuing controversy over the impact of the euro are damping down growth and squeezing margins in the retail sector. Yet food discounter ALDI is bucking the trend, enjoying huge increases in turnover and record profits. What are the secrets of its success?

In the first book about this little-known success story, former ALDI manager Dieter Brandes reveals the principles that underpin everything ALDI does, starting with simplicity. He shows what the company has in common with other great industry leaders such as General Electric and Wal-Mart, and explains how the ALDI brand of management works.

The ALDI system is not exclusively a retail discount system, but a management and organization system that can be applied in any business. Companies in industries as diverse as IT, banking and manufacturing, as well as entrepreneurs and start-ups, all have much to learn from the way ALDI manages its operations.

At a time when most organizations are getting more and more complex, the ALDI story illustrates the power of simplicity. By making value to its custormer its guiding principle, ALDI has established itself as one of the world's foremost retail giants. This book helps the reader understand the inner workings of an organization that has prided itself on remaining an enigma - until now.

About the Author:
For many years, Managing Director or an ALDI regional company and Member of the Executive Board of ALDI Nord together with the founder of ALDI Nord, Theo Albrecht. Afterwards consultant for many companies who wanted to learn from ALDI´s best practices. Based on the lessons and methods of ALDI, Dieter and his son Nils offer consultancy for companies who want to learn about how to manage simple and how to manage complexity. Founder of the consultancy company Institut für Einfachheit (Institute for Simplicity) together with his son, Dieter Brandes.

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  • ISBN 10 3593380900
  • ISBN 13 9783593380902
  • BindingPaperback

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Other Popular Editions of the Same Title

9783844817027: Bare Essentials: The ALDI Way to Retail Success

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ISBN 10:  3844817026 ISBN 13:  9783844817027
Publisher: Books on Demand, 2012
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  • 9781954532878: Bare Essentials

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