Chasing the Rabbit: How Market Leaders Outdistance the Competition and How Great Companies Can Catch Up and Win

(McGraw-Hill) Amid bankruptcies, layoffs, and acquisitions, companies are under increasing pressure to maintain, and increase, performance. The author argues that discovery and self-improvement are the two most valuable assets a business can have. Based on his time spent working within Toyota learning its processes and dissecting its success, Spear provides lessons that other companies can follow to achieve a “high velocity” position and improve their structure and operations. Spear is a senior lecturer at MIT, senior fellow at the Institute for Healthcare Improvement, and has won the Shingo Prize for Excellence in Manufacturing Research four times.

Paw in print

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PAW’s December 2025 cover, with a photo of Michael Park ’98.
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December 2025

Judge Michael Park ’98; shifts in DEI initiatives; a night at the new art museum.