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Posted April 8, 2009 10:03 a.m. by todd-sattersten
In Lists - 800 CEO Read Blog
Inc. Magazine is celebrating 30 years of publication this month and as a part of their coverage have put together "The Business Owner's Bookshelf" - 30 books people running small businesses should read.
Here is the list in its entirety:
- Against the Gods: The Remarkable Story of Risk, by Peter Bernstein (1996)
- The Art of the Start: The Time-Tested, Battle-Hardened Guide for Anyone Starting Anything, by Guy Kawasaki (2004)
The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger, by Marc Levinson (2006)
Brand New: How Entrepreneurs Earned Consumers' Trust from Wedgwood to Dell, by Nancy F. Koehn (2001)
The Dilbert Principle: A Cubicle's-Eye View of Bosses, Meetings, Management Fads, and Other Workplace Afflictions, by Scott Adams (1996)
The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It, by Michael Gerber (1995)
The Effective Executive: The Definitive Guide to Getting the Right Things Done, by Peter Drucker (1967)
The Fifth Discipline: The Art & Practice of the Learning Organization, by Peter Senge (1990)
First, Break All the Rules: What the World's Greatest Managers Do Differently, by Marcus Buckingham and Curt Coffman (1999)
Good to Great: Why Some Companies Make the Leap…And Others Don't, by Jim Collins (2001)
The Great Game of Business: The Only Sensible Way to Run a Company, by Jack Stack (1992)
Growing a Business, by Paul Hawken (1987)
Green to Gold: How Smart Companies Use Environmental Strategy to Innovate, Create Value, and Build Competitive Advantage, by Daniel Esty and Andrew Winston (2006)
How to Win Friends and Influence People, by Dale Carnegie (1936)
The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail, by Clayton Christensen (1997)
Intellectual Capital: The New Wealth of Organizations, by Thomas A. Stewart (1997)
The Knack: How Street-Smart Entrepreneurs Learn to Handle Whatever Comes Up, by Norm Brodsky and Bo Burlingham (2008)
Let My People Go Surfing: The Education of a Reluctant Businessman, by Yvon Chouinard (2005)
Made to Stick: Why Some Ideas Survive and Others Don't, by Chip Heath and Dan Heath (2007)
The New New Thing: A Silicon Valley Story, by Michael Lewis (1999)
Nuts! Southwest Airlines' Crazy Recipe for Business and Personal Success, by Kevin Freiberg and Jackie Freiberg (1996)
Ogilvy on Advertising, by David Ogilvy (1983)
On Competition, by Michael Porter (2008)
Personal History, by Katharine Graham (1997)
Pour Your Heart Into It: How Starbucks Built a Company One Cup at a Time, by Howard Schultz and Dori Jones Yang (1997)
Small Giants: Companies That Choose to Be Great Instead of Big, by Bo Burlingham (2005)
Soul of a New Machine, by Tracy Kidder (1981)
The Wealth of Nations, by Adam Smith (1776)
What Management Is: How It Works and Why It's Everyone's Business, by Joan Magretta and Nan Stone (2002)
The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations, by James Surowiecki (2004)
Jack and I think it is a pretty good list. Eleven of their 30 books match with selections from The 100 Best. The editors provide some big challenges for readers recommending The Wealth of Nations, On Competition, and The Fifth Discipline. Nuts! and Let My People Go Surfing are great for business owners (also check out Raising The Bar). And their fun add of The Dilbert Principle is a great one, showing us what to do by showing us what not to do.
The CEO of Thomas Nelson Publishers Picks 10
Posted Nov. 20, 2008 7:04 a.m. by dylan
In Uncategorized - 800 CEO Read Blog
Michael Hyatt, President & CEO of Thomas Nelson Publishers, has updated his ten favorite business books. They are:
Focus: The Future Of Your Company Depends On It by Al Ries, HarperBusiness Getting Things Done: The Art of Stress-Free Productivity by David Allen, Penguin Books Good to Great: Why Some Companies Make the Leap... and Others Don't by Jim Collins, HarperCollins Love Is the Killer App: How to Win Business and Influence Friends by Tim Sanders, Three Rivers Press Now, Discover Your Strengths by Marcus Buckingham, Free Press Slide:Ology: The Art and Science of Creating Great Presentations by Nancy Duarte, O'Reilly Stress for Success by James E. Loehr & Mark McCormack, Three Rivers Press The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It by Michael Gerber, HarperCollins Tribes: We Need You to Lead Us by Seth Godin, Portfolio You Are the Message: Getting What You Want by Being Who You Are by Roger Aisles, Doubleday
Focus, Love Is the Killer App, Now Discover Your Strengths, Slide: Ology and Tribes are new to the list. The five books bumped from his previous list, put out in January of last year, are:
Seven Habits of Highly Effective People by Stephen Covey, Free Press Made to Stick: Why Some Ideas Survive and Others Die by Chip Heath and Dan Heath, Random House Jesus CEO: Using Ancient Wisdom for Visionary Leadership by Laurie Beth Jones, Hyperion Secrets of Power Negotiating: Inside Secrets from a Master Negotiator by Roger Dawson, Career Press The Four Obsessions of an Extraordinary Executive: A Leadership Fable by Patrick M. Lencioni, Jossey-Bass
Michigan Tech's President Likes Collin's Good To Great
Posted Nov. 4, 2008 1:53 a.m. by todd-sattersten
In Strategy - 800 CEO Read Blog
I received the autumn issue of Michigan Tech Magazine (a publication of my alma mater) and it contains a Q&A with MTU President Glenn Mroz. The Q that matters for the audience here is:
For alumni, if you could recommend one book to them, what would it be and why?
I guess it would be Good To Great by Jim Collins. It's built on some principles that have really helped me and the executive team. Make sure you pay attention to what you are good at. Make sure you pay attentions to what drives the economic engine of the organization. You have to think about what you rally have a passion for.
One of the principles that was key early on [and in Good To Great.] was the Stockdale principle: "You never confuse faith that you will prevail in the end--which you can never afford to lose--with the discipline to confront the most brutal facts of your current reality, whatever they might be." That may be a little negative, but it's real.
Business Books Recommended by and for The Business Journalist
Posted Sept. 5, 2008 4:29 a.m. by todd-sattersten
In Lists - 800 CEO Read Blog
I posted last week on the amazing number of blog posts that have been appearing lately with lists of business books. The latest comes from BusinessJournalism.org, a site that is a part of National Center For Business Journalism at Arizona State University.
In a post titled "A Must Read", Kelly Carr starts with two titles from other business journalists meant to help reporters write stories: Michelle Leder's "Financial Fine Print: Uncovering a Company's True Value" and Chris Roush's "Show Me the Money: Writing Business and Economics Stories for Mass Communication"
In an effort to further prep interns, Carr gathered up a set of recommended from practicing business journalists. These suggestions will look a little more familiar (thought I just ordered the third rec):
- "Barbarians at the Gate: The Fall of RJR Nabisco," by Bryan Burrough and John Helyar
- "24 Days: How Two Wall Street Journal Reporters Uncovered the Lies that Destroyed Faith in Corporate America," by Rebecca Smith and John R. Emshwiller
- "200% of Nothing: An Eye Opening Tour Through the Twists and Turns of Math Abuse and Innumeracy," by A.K. Dewdney
On the extended list, you'll find even more of what we normally recommend, but Good To Great is the only true "business book to solve problems" book on the list.
- "The Power Broker: Robert Moses and the Fall of New York," by Robert A. Caro
- "Liar's Poker" and "Moneyball" by Michael Lewis
- "Stealing Time: Steve Case, Jerry Levin, and the Collapse of AOL Time Warner," by Alec Klein
- "The Big Squeeze: Tough Times for the American Worker," by Steven Greenhouse
- "Nickel and Dimed: On (Not) Getting By in America," by Barbara Ehrenreich
- "The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron," by Bethany McLean and Peter Elkind
- "Good to Great: Why Some Companies Make the Leap…and Others Don't," by Jim Collins
[hat tip: DataJoe and Addictomatic]
Freakonomics' Levitt Questioning Good To Great
Posted July 30, 2008 8:48 a.m. by todd-sattersten
In Strategy - 800 CEO Read Blog
Steven Levitt on his Freakonomics blog takes a shot at Good To Great and the recent performance of GTG standouts Fannie Mae, Circuit City, and Wells Fargo. A purchase of either Fannie Mae or Circuit City at the time of the book's publication would have netted you an 80% loss in your investment today. Not so good.
This bring ups the whole question of the author Jim Collins' suggested methodology and whether it's one business leaders should be following. There are plenty of great comments on Levitt's post to go read on this. The same criticisms are leveled against Collins' prior book Built To Last and the classic In Search of Excellence by Tom Peters and Bob Waterman. Nassim Nicholas Taleb's Fooled By Randomness and Phil Rosenwig's The Halo Effect are both cited for their critical views of predictable methodologies.
This has always been my belief: all of these books are directional correct. The principles they describe for success are all worth pursuing. We get a little stuck on the empirical side of the debate. It is true that these authors hang their hats on the research to give their findings legitimacy, but we can't completely dismiss everything they have to say every time a highlighted firm falters.
