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Posted Oct. 3, 2011 9:57 a.m. by dylan
In - 800 CEO Read Blog
Jack reviewed a great book a few years ago called The Management Myth: Why the “Experts” Keep Getting It Wrong. It is a serious book critiquing what the author calls "the pseudoscience of management theory," a call for us to look at management theory not as a science, but as a philosophy.
A question at the heart of that book is the efficacy of business jargon—that is, does the language we invent around business topics really produce a better understanding of those topics, or simply make the speaker of that language sound more clever, studied and imbued with expertise. The author begins the book with the story of how he, with just one "miserable summer at a fast-food restaurant" and a doctorate in nineteenth-century German philosophy under his belt, decided to try for a job in consulting. To prepare for his interview, he read the Financial Times every day for two weeks and devoured In Search of Excellence to master what he called “management speak.” And, despite his total lack of management experience or business expertise, he left that interview with a job as a management consultant. Soon he was being billed out to clients at a rate of half a million dollars per year—not because he was an expert on management, but because he could talk like one.
Now there comes a book that tackles the topic of business jargon from another, much more satirical angle, Talk Normal: Stop the Business Speak, Jargon and Waffle by Tim Phillips. This is a book for those in the trenches of the jargon war, those just trying to get through and make sense of yet another indecipherable email or memo. Phillips is the author of two previous books, Fit to Bust: How Great Companies Fail and Knockoff: The Deadly Trade in Counterfeit Goods. But why did Tim Phillips write this book? As he writes in the forward:
Talk Normal facilitates information delivery through mutilpe media formats and monetises eyeballs.
London, UK, Mar 30, 2011/TalkNormalWire — Talk Normal (http://talknormal.co.uk), the leading solution for information clarity optimisation and humour-based jargon mitigation strategies, has announced that it will henceforth facilitate information delivery through multiple media formats.
The expanded service offering encompasses a paper-based added-value offering which leverages content originated in the pre-exosting electronic service delivery method. Utilising multiple delivery channels matches eyeballs to content in an optimised and diversified platform: while retaining unity of purpose, the paper-based variant can reach Talk Normal partners who face electirical or data-access challenges, and additionally it interfaces with partners who want to make proactive moves to Talknormalise the jargon portfolios. It will also expedite the creation of enhanced revenue streams by monetising Talk Normal's attention endowment.
Talk Normal's chief solution advocate, Tim Phillips, commented that 'Many people ask me what this means to me. It means that I've written a book about my blog so I can earn some money.'
As you can probably tell, this book has a lot of humor (and British spelling) in it. But it's also deadly serious, providing real answers to a real problem in offices all over the world. On the one hand, if you're in business, you had better learn the language of business if you want to survive and thrive. But, on the other hand, so much of that language adds absolutely nothing of value to the conversation and obscures the issues for those involved in the process and/or just trying to figure out what the heck is actually going on. It's similar to the idea that artists must learn the rules of art before they can break them, except that the rules of art (composition, perspective, etc.) were put in place to better represent reality, whereas the rules of business jargon... well, there don't appear to be any real rules to business jargon. The author has come up with three guidelines to help:
- Try to be understood by everyone who's listening.
- Stop trying to sound clever for no reason.
- It's about attitude, not rules.
The first two are rather obvious, but the third may need a bit more explanation. Phillips write of rule three:
I'm constantly contacted by amateur grammarians who want me to post something about the abuse of dangling modifiers. I don't do this because I don't really know what a dangling modifier is. I could look it up on Wikipedia and pretend that I know what I'm talking about but that would mean I was trying to sound clever for no reason (see above).
We need to think clearly to write clearly, not swallow a book about grammar. I edit some terrible articles. The first thought is that there's a problem with the grammar: then when you fix the grammar you often find that there isn't a clear train of thought underlying what they wrote. That's the problem, not the dangling modifier.
As a reviewer of business books and the managing editor of ChangeThis, I couldn't agree more.
Talk Normal is both a lot of fun and extremely practical at the same time. It will leave you laughing and thinking more clearly. And it will be released by Kogan Page later this month. Be sure to check it out
Read and Adapt
Posted May 23, 2011 11:55 a.m. by dylan
In - 800 CEO Read Blog
We last covered Tim Harford here when Random House released his last book, The logic of Life, which we reviewed as a Jack Covert Selects. But you may have heard his name more recently because of the press that his new book, Adapt: Why Success Always Starts with Failure, has been getting.
- There was an excerpt on Slate last week entitled The Airplane That Saved the World: What the RAF's World War II Spitfire Can Teach Us About Nurturing Innovation and Radical Ideas.
- He had an article in last Sunday's New York Times Magazine about The Art of Economic Complexity: A New Way To Visualize a Country’s Development that includes fascinating charts developed by César A. Hidalgo of the M.I.T. Media Lab that map "the world's 'product space' using trade data on 774 product classifications, from cotton undergarments to phenols."
- And popular blogger Andrew Sullivan linked to Andrew Exum's more obscure counterinsurgency blog Abu Muqawama at the Center for American Security website to explain the "reason we have some of [the] special operations capabilities" that finally got Osama Bin Laden.
The book deserves the attention and praise it's getting. It begins by covering ground a few other books have recently covered, laying out the evidence that expert predictions are not very good (though he doesn't go as far as Dan Gardner's Future Babble, which tells us that "Expert Predictions Are Worthless, and You Can Do Better"). But, documenting how expert advice and predictions are little better than our own is just the starting point of the book, and for a different approach. Adapt is mostly about solutions—solutions he demonstrates are best found through a trial and error process. He states it rather simply:
Whether we like it or not, trial and error is a tremendously powerful process for solving problems in a complex world, while expert leadership is not.
This can be a rather uncomfortable pill to swallow. Most of us are currently operating contrary to that concept, for not only are we uneasy with the "error" side of trial and error, we tend to look to business success stories and so-called experts for advice and guidance. Often, the best marketing a book can have is the success or expertise of the individual who wrote it—at the very least, it is lessons we feel can be gained from the success of the companies profiled. Writing of In Search of Excellence, the book that really kick-started the modern business book genre as we know it, Harford demonstrates how tricky that can be:
In 1982 ... two management consultants, Tom Peters and Robert Waterman, concluded their own detailed study of business. In Search of Excellence was published to great acclaim and launched Peters's career as one of the world's most recognizable management gurus.The two authors, working with their colleagues at McKinsey, used a mixture of data and subjective judgement to settle on a list of forty-three "excellent" companies, which they then studied intensely in a bid to unlock their secrets.
Just two years later, Business Week ran a cover story entitled "Oops! Who's Excellent Now?" Out of the forty-three companies, fourteen, almost a third, were in serious financial trouble. Excellence—if that was what Peters and Waterman really found when they studied the likes of Atari and Wang Laboratories—appears to be a fleeting quality.
Perhaps fittingly, Business Week has since had its own serious financial trouble. Let's go back even further, though—not just to the beginning of the business book genre, but to the invention of the modern book itself:
The printing press was invented by Johannes Gutenberg, a man who changed the world utterly, and produced the celebrated Gutenberg Bible in 1455. But the Gutenberg Bible was a ruinous project that put him out of business. The center of the printing industry quickly moved to Venice, where twelve companies were established by 1649. Nine of them were gone in just three years, as the industry fumbled for a profitable business model. (It eventually found one: printing pre-packaged relief from divine punishment in the form of religious indulgences.)
So not every great idea turns out a great product, excellent companies aren't often excellent for long and all empires fall. To reinforce the fleeting nature of excellence, Harford tells the story of what Leslie Hannah found when, in the late '90s, she traced the fate of what had been the world's largest companies in 1912.
At the top of the list was US Steel, a gigantic corporation even by today's standards, employing 221,000 workers. This was a company with everything going for it: it was a market leader in the largest and most dynamic economy in the world; and it was in an industry that has been of tremendous importance ever since. Yet US Steel had disappeared from the world's top hundred companies by 1995; at the time of writing, it was not even in the top five hundred.
Next on the list was Jersey Standard, which these days continues to prosper under the name Exxon. General Electric and Shell were also in the top ten in 1912 an in 1995. But none of the other top-ten titans was in the top ten by 1995. More remarkably, none of them was even in the top hundred. Names such as Pullman and Singer recall a bygone age. Others, such as J&P Coats, Anaconda and International Harvester, are barely recognizable. It is hard to imagine just how large and powerful these companies once were—the closest parallels would be the likes of Microsoft and Wal-Mart today—and how permanent their success must have seemed. And while it could be said that Pullman and Singer suffered from being market leaders in declining industries, their fate was not inevitable. Singer made sewing machines, but Toyota's origins as a manufacturer of looms were no more promising. Other former titans, such as Westinghouse Electric, Cudahy Packing and American Brands, were in the same dynamic industries as the rare success stories General Electric and Proctor & Gamble. Yet they failed.
As Harford demonstrates with great skill and storytelling throughout the book, it comes down to trial and error and figuring out what works and what doesn't as you attempt to develop your own gravity, attract talented people and loyal customers, and affect the forces of the market moving around you. And just because your excellent now doesn't mean you will be forever. It doesn't matter whether you're a local restaurant owner, General Motors, NASA, or the inventor of movable type—you have to keep finding ways to adapt.
But how do we decide what to try next? We need a constant influx of ideas, information and inspiration, to look at what others have done and are doing around us. And, regardless of the fate of the companies in In Search of Excellence, business books provide that. In Search of Excellence provides that. Tim Harford's Adapt provides that, and if you'd like to take a lesson from Harford and implement a trial and error process in your organization, Peter Sims's Little Bets provides that. You could even say the Gutenberg Bible provides that. Just keep reading. Reading leads to more reading. Reading leaves you hungry. Reading leads to the ideas, information and inspiration you need to try something new.
In the Books - Off to the Printers XII
Posted Jan. 11, 2011 7:53 a.m. by dylan
In - 800 CEO Read Blog
In another installment from the annual review of business books we produced last year, we have an article from friend and former president of the company, Todd Sattersten. In it, he discusses the meta-themes in business thought that he and Jack uncovered as they spent 18 months compiling, reading, choosing and writing The 100 Best Business Books of All Time.
The Five Universal Themes in Business BY TODD SATTERSTEN
What happens when you spend 18 months reading the best in business literature? In our case, two things happened—one expected, the other quite unexpected.
The expected was the creation of a list of the 100 best business books of all time, which led to a book by the same name. The unexpected came as we uncovered a number of meta-themes the books share that exist beyond any predictable grouping by subject matter. For example, Michael Useem’s The Leadership Moment has surprising connections with as Taiichi Ohno’s Toyota Production System and Gary Klein’s The Power of Intuition. Ultimately, we found five persistent meta-themes across our selection of the 100 best business books. Each meta-theme appears horizontally across traditional publishing categories, bridging such divisions as sales, management, narrative, and finance. Each meta-theme also scales in a vertical sense, applying to individuals, teams and organizations equally. So profound are these meta-themes, we argue, that these five universal insights act as the foundation for a leader dealing with any aspect of business, whether starting a new job or developing the next year’s corporate strategy.
1. Clarity of Purpose
Purpose provides direction and brings clarity to all work. For the individual in pursuit of purpose, author Po Bronson asks the ultimate question in his book, What Should I Do with My Life? Organizations struggle with the same kind of question when they craft their mission statements and massage their marketing slogans.
2. Wisdom in Decision Making
The process of making decisions is often overly deliberate or completely unconscious. In both cases, we base our decisions on past experience and judge the success of those decisions only on the success rate of the outcomes. In Influence, Robert Cialdini alerts us to how we use unconscious routine to make even the smallest decision, while in The Power of Intuition, Gary Klein provides a map to some of that scripting and shows how we can improve our gut instinct.
3. Bias for Action
Tom Peters and Bob Waterman pointed out in In Search of Excellence that a quality of excellent companies was “the bias for action.” This assertion that action trumps all appears in many great books, so what keeps us from taking action? Author David Allen (Getting Things Done) would say a person’s focus is misplaced on time and priority, rather than action. Authors Jeffery Pfeffer and Bob Sutton (The Knowing-Doing Gap) would say organizations suffer from a gap between knowing and doing.
4. Openness to Change
Understanding change is essential because change affects individuals and organizations constantly. Sales is about change. Marketing is about change. Corporate strategy about is about change. Lou Gerstner says it was changing IBM’s entitlement culture that was his biggest challenge. In The First 90 Days, new job guru Michael Watkins describes the waves of change that new managers must instigate. In Crossing the Chasm, Geoffery Moore shows how products are adopted and what different constituents need to accept change.
5. Giving and Getting
Feedback Imagine throwing a baseball in a dark room. You would miss seeing the trajectory the ball took or where it landed. Our success depends on feed-back. Did we make the right choice? Did the action have the intended effect? Are things changing? Daniel Goleman (Emotional Intelligence) says self-reflection is a form of feedback and an essential piece of emotional intelligence. Engineering professor Henry Petroski, author of To Engineer is Human, says failure is a critical part of learning. And in Secrets of Closing the Sale, Zig Ziglar says listening is the most important part of selling.
These themes are likely to persist as business and business literature evolves further, because companies continually fail to absorb the simple lessons: Find a clear purpose. Be aware that past experience and a mass of information can interfere with wise decisions. Maintain a bias toward action. Be open to change. Seek feedback. These behaviors link together: Clarity of purpose provides wisdom in decision making, which informs action, which in turn, creates change, while feedback informs them all.
PREVIOUS POSTS FROM IN THE BOOKS
- I: Financial Markets: Their Promise and Failure (and Promise) BY DYLAN SCHLEICHER
- II: When Ecology and Economy Meet BY KATE MYTTY
- III: Why We Love Business Books More Than Ever BY ERIKA ANDERSEN
- IV: Odd Intersections: Fiction Captures the Complexities of Business BY REBECCA SCHLEI HARTMAN
- V: Explorations Into the Human Psyche BY ROBBIE HARTMAN
- VI: For Women Only? A Look at Trends in Business Books Written by Women BY SALLY HALDORSON
- VII: Real-World Lessons in Leadership BY ROBERT MORRIS
- VIII: We the Internet BY DYLAN SCHLEICHER
- IX: The Shifting Landscape of Moving Ideas: The Art of Publishing in a Socially Empowered World BY JON MUELLER
- X: The Information Age
- XI: Finding Opportunities: Re-examining Personal and Organizational Strength in Challenging Times BY JON MUELLER
Business Book Humiliations
Posted Aug. 3, 2010 3:43 a.m. by sally-haldorson
In - 800 CEO Read Blog
Penguin's Portfolio imprint specializes in business books, and their Portfolio Javelin blog ("Business, Business Books, and the Business of Books") is a great read for any of us business book geeks. Yesterday, Will Weisser, Vice President and Associate Editor of Portfolio, wrote an entry inspired by a post in the Guardian's blog in which the author, Robert McCrum, confessed, despite his education and exposure to great books, that he had never read Middlemarch by George Eliot (if you too have not read Middlemarch, I highly recommend remedying that this summer--it's one of my favorites.) McCrum then invites readers to share their book humiliations by listing the books that they regret never having read.
In his post, Weisser agrees to play along, but specifies that he has "focused on the business category for 15 years but still haven’t read some of the most acclaimed and influential business books, the ones we use as benchmarks and role models."
Weisser's list of regrets:
Barbarians at the Gate by Bryan Burrough and John Helyar
Den of Thieves by James B. Stewart
In Search of Excellence by Tom Peters and Bob Waterman
The Innovator’s Dilemma by Clay Christensen
Only the Paranoid Survive by Andy Grove
Why We Buy by Paco Underhill
The HP Way by David Packard
Then he was kind enough to mention our book, The 100 Best Business Books of All Time, as a great resource for determining which books you've missed out on. (When preparing the "lost chapter" of The 100 Best, we added Barbarians at the Gate by Burrough and Helyar, and it would be the perfect book to take on vacation yet this summer.)
Intrigued by this challenge, I posed the question to Jack, our in-house encyclopedia of business books, what Business Book Humiliations he may still have. He replied that Michael Porter (author of Competitive Advantage and Competitive Strategy comes to mind. Personal History by Katharine Graham was Dylan's choice. If I had to choose one, it would be Men and Women of the Corporation by Rosabeth Moss Kanter.
What's your business book humiliation, the one business book you most regret never having read?
Jeff Hayzlett's Business Library
Posted April 27, 2010 8:35 a.m. by dylan
In - 800 CEO Read Blog
If you know who Jeff Hayzlett is, it is probably from his appearances on television or his Twitter footprint. But the chief marketing officer of Kodak is now venturing into the wonderful world of analog with his new book, The Mirror Test: Is Your Business Really Breathing?, being released by Business Plus in May. And he has done something in that book that I wish more authors would do. He has included an appendix in which he lists his "Business Library 'Must' List." It gives you an idea of what has influenced him most over the years (and, just maybe, an idea of what to expect from his book). It includes:
- The Long Tail: Why the Future of Business Is Selling Less of More by Chris Anderson
- Barbarians at the Gate: The Fall of RJR Nabisco by Bryan Burrough & John Helyar
- How to Win Friend and Influence People by Dale Carnegie
- Good to Great: Why Some Companies Make the Leap...and Others Don't by Jim Collins
- The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change by Stephen R Covey
- The Practice of Management by Peter F. Drucker
- The E-Myth: Why Most Businesses Don't Work and What to Do about It by Michael Gerber
- The Tipping Point: How Little Things Can Make a Big Difference by Malcolm Gladwell
- The Goal: A Process of Ongoing Improvement by Eliyahu M Goldratt & Jeff Cox
- Think and Grow Rich by Napoleon Hill
- Iacocca: An Autobiography by Lee Iacocca with William Novak
- What Would Google Do? by Jeff Jarvis
- Six Pixels of Separation: Everyone Is Connected. Connect Your Business to Everyone. by Mitch Joel
- Rich Dad, Poor Dad: What the Rich Teach Their Kids about Money-That the Poor and the Middle Class Do Not! by Robert T Kiyosaki with Sharon L Lechter
- Guerrilla Marketing: Easy and Inexpensive Strategies for Making Big Profits from Your Small Business by Jay Conrad Levinson
- Swim with the Sharks Without Being Eaten Alive: Outsell, Outmanage, Outmotivate, and Outnegotiate Your Competition by Harvey MacKay
- The Greatest Salesman in the World by Og Mandino
- In Search of Excellence: Lessons from America's Best-Run Companies by Tom Peters & Robert H Waterman
- The Wealth of Nations by Adam Smith
- Trump: The Art of the Deal by Donald J Trump with Tony Schwartz
- The Art of War by SinTzu
- Sam Walton: Made in America by Sam Walton with John Huey
- Secrets of Closing the Sale by Zig Ziglar
Not only does his book get extra points from me for including a list of his favorites, Hayzlett himself gets extra credit for using a Garrison Keillor quote to introduce the list: "A book is a gift you can open again and again."
