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ISBN 9781591843139 Published March 2010
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Posted Nov. 24, 2010 10:28 a.m. by dylan
In - 800 CEO Read Blog
strategy + business's "best of" list is always a special treat—in large part because it's never just a list, but a series of essays. The magazine gathers together a different team of experts each year, and each takes the task of writing on their chosen category and the books in it. I've listed their picks below, linking to the essays at the head of each category.
On the Economy, The Fog of Panic by David Warsh
- Slapped by the Invisible Hand: The Panic of 2007 by Gary B. Gorton, Oxford University Press
- On the Brink: Inside the Race to Stop the Collapse of the Global Financial System by Henry M. Paulson Jr., Business Plus
- The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History by Gregory Zuckerman, Broadway Books
- More Money than God: Hedge Funds and the Making of a New Elite by Sebastian Mallaby, The Penguin Press
- Fault Lines: How Hidden Fractures Still Threaten the World Economy by Raghuram G. Rajan, Princeton University Press
- 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown by Simon Johnson & James Kwak, Pantheon Books
On Leadership, Highlights in a Low Year by Walter Kiechel III
- Reflections on Leadership and Career Development: On the Couch with Manfred Kets de Vries by Manfred F.R. Kets de Vries, Jossey-Bass
- Open Leadership: How Social Technology Can Transform the Way You Lead by Charlene Li, Jossey-Bass
- Learning from Catastrophes: Strategies for Reaction and Response by Howard Kunreuther & Michael Useem, eds., Wharton School Publishing
- Good Boss, Bad Boss: How to Be the Best... and Learn from the Worst by Robert I. Sutton, Business Plus
On Innovation, Innovation as a Social Act by Krisztina “Z” Holly
- Where Good Ideas Come From: The Natural History of Innovation by Steven Johnson, Riverhead
- The Power of Pull: How Small Moves, Smartly Made, Can Set Big Things in Motion by John Hagel III, John Seely Brown, & Lang Davison, Basic Books
- Cognitive Surplus: Creativity and Generosity in a Connected Age by Clay Shirky, The Penguin Press
On China, Probing China’s Infrastructure by Sheridan Prasso
- China 2.0: The Transformation of an Emerging Superpower... and the New Opportunities by Marina Yue Zhang with Bruce W. Stening, John Wiley & Sons
- Country Driving: A Journey through China from Farm to Factory by Peter Hessler, Harper
- The River Runs Black: The Environmental Challenge to China’s Future by Elizabeth C. Economy, Cornell University Press (2nd edition)
- The China Strategy: Harnessing the Power of the World’s Fastest-Growing Economy by Edward Tse, Basic Books
On Human Capital, Talent Redefined by Sally Helgesen
- Clever: Leading Your Smartest, Most Creative People by Rob Goffee & Gareth Jones, Harvard Business Press
- Chasing Stars: The Myth of Talent and the Portability of Performance by Boris Groysberg, Princeton University Press
- Profit at the Bottom of the Ladder: Creating Value by Investing in Your Workforce by Jody Heymann with Magda Barrera, Harvard Business Press
On the Human Mind, You Are What You Think by Judith E. Glaser
- Denial: Why Business Leaders Fail to Look Facts in the Face — and What to Do about It by Richard S. Tedlow, Portfolio
- Think Twice: Harnessing the Power of Counterintuition by Michael J. Mauboussin, Harvard Business Press
- Switch: How to Change Things When Change Is Hard by Chip Heath and Dan Heath, Broadway
- Clutch: Why Some People Excel Under Pressure and Others Don’t by Paul Sullivan, Portfolio
- Drive: The Surprising Truth about What Motivates Us by Daniel H. Pink, Riverhead
On Management, The Chorus Takes a Bow by David K. Hurst
- Reinventing Management: Smarter Choices for Getting Work Done by Julian Birkinshaw, Jossey-Bass
- Leading Outside the Lines: How to Mobilize the (In)Formal Organization, Energize Your Team, and Get Better Results by Jon R. Katzenbach and Zia Khan, Jossey-Bass
- The Power of Positive Deviance: How Unlikely Innovators Solve the World’s Toughest Problems by Richard T. Pascale, Jerry Sternin, & Monique Sternin, Harvard Business Press
- Rethinking the MBA: Business Education at a Crossroads by Srikant M. Datar, David A. Garvin, & Patrick G. Cullen, Harvard Business Press
On Biography & History, True Tales of Fortune by James O’Toole
- The Publisher: Henry Luce and His American Century by Alan Brinkley, Knopf
- Still Surprised: A Memoir of a Life in Leadership by Warren Bennis, Jossey-Bass
- Last Call: The Rise and Fall of Prohibition by Daniel Okrent, Scribner
- For All the Tea in China: How England Stole the World’s Favorite Drink and Changed History by Sarah Rose, Viking
The covers below represent s + b's Top Shelf—the best books of each category.
As Theodore Kinni writes in his introduction to the essays:
Two years after the financial collapse, the idea of hunkering down and waiting for a return to business as usual—as people did in previous recessions—seems a less and less viable strategy. But what should you do instead?
In this edition of our annual review of the year’s best business books, you will find a reading list that offers intriguing and compelling answers to this question.
We've been following this list since 2003, and you can peruse past year's lists with the links below.
Jack Covert Selects - Denial
Posted Feb. 12, 2010 5:59 a.m. by 800-ceo-read
Professor Richard Tedlow, author of two of my favorite books, Andy Grove and Giants of Industry, has written a book that tells memorable stories of business leaders who were in denial and whose businesses (think Sears, Coke) were subsequently affected by their inability to see the forest for the trees. This new book, Denial, begins entertainingly with the story of Henry Ford.
In the early 1920s, Henry Ford was crushing his competition: the Model T was a spectacular success. Tedlow tells us that “It took seven years for the company to sell its millionth Model T. Only a year and a half later, it sold its two-millionth. Four million were sold by 1920. The number of units sold doubled by 1923.” At the same time, the automotive industry was changing as the country went from a war economy to greater prosperity. Ford wouldn’t listen when his people warned him about Alfred Sloan, at General Motors, who believed that the consumer wanted something more than a black car. In fact, Ford fired an executive who wrote a memo about GM and called for Ford to change in order to compete. Henry Ford was in complete denial.
There are plenty of business books about the dangers of ignoring your competition—I’m thinking of Clayton Christensen’s The Innovator’s Dilemma and Andy Grove’s Only the Paranoid Survive, both of which warn of disruptive innovation and being able to predict moments of competitive crisis. Tedlow’s Denial looks at why so many companies get it wrong. He also offers common signs to watch out for so your organization avoids this trouble—or at the very least can find a way out of the forest.
