In the last two decades, free markets have swept the globe. But traditional capitalism has been unable to solve problems like inequality and poverty. In Muhammad Yunus groundbreaking sequel to "Banker to the Poor," he outlines the concept of social businessbusiness where the creative vision of the entrepreneur is applied to today s most serious problems: feeding the poor, housing the homeless, healing the sick, and protecting the planet. "Creating a World Without Poverty" reveals the next phase in a hopeful economic and social revolution that is already underway."
NEWS & OPINION: In the Books - Off to the Printers
Posted December 22, 2009, 6:53 PM with category of Management & Workplace Culture
We've been working very hard on producing In the Books, our annual review of business books, for many months now. Like the year itself, it wasn't an easy project, but it is always a labor of love and one we're extremely proud of. We've mentioned many times over the year that the downturn in the economy has hit us as it did everyone else out there, and along with focusing on the many books that address—and offer solutions to—the challenges we all face, it is something we go into a bit more personally in this year's annual.
NEWS & OPINION: Imagining India & The Blue Sweater
Posted March 27, 2009, 6:34 PM with category of Management & Workplace Culture
Jacqueline Novogratz has one of the best stories behind the title of a book I've ever heard (but, I'll let her tell it below). Novogratz is the founder and CEO of Acumen Fund and author of the recently released book, The Blue Sweater: Bridging the Gap Between Rich and Poor in an Interconnected World. It was our good friend, Seth Godin, who first suggested Jacqueline Novogratz to us, and like everything Seth recommends and supports, this book is pure gold.
NEWS & OPINION: Two Discussions Worth Having
Posted January 6, 2009, 7:07 PM with category of Management & Workplace Culture
The New York Times economics blog, Economix, has had two great posts recently that tie into recent business books and big ideas.
The first, Helping People Make Good Choices, was posted on Sunday by economics editor Catherine Rampell and discusses "libertarian paternalism," an idea at the center of Richard Thaler and Cass Sustein's Nudge. It covers irrational behavior (the bane of traditional economists) and the subtle ways in which we can influence people to act in their own and others' best interests.
NEWS & OPINION: The 2008 800-CEO-READ Business Book Awards - New Perspectives Category
Posted December 4, 2008, 6:08 PM with category of Management & Workplace Culture
The books on our 2008 shortlist for the New Perspectives Category are:
Creating A World Without Poverty: Social Business and the Future of Capitalism
by Muhammad Yunus with Karl Weber (PublicAffairs, January 2008)
Yunus was awarded the Nobel Peace Prize in 2006 for his work in creating
the Grameen Bank and evangelizing the use of micro-credit lending to alleviate poverty. He believes the next wave of possibility is social business: organizations
whose purposes shift from generating profits to solving
the problems of those in poverty.
The Drunkard's Walk: How Randomness Rules Our Lives by Leonard Mlodinow (Pantheon, May 2008)
The Drunkard's Walk is a wonderful addition to a growing category that Amazon recently called "Why We Act This Way.
JACK COVERT SELECTS: strategy + business Best Books of 2008
Posted December 4, 2008, 5:07 PM with category of Management & Workplace Culture
Always anticipated, strategy + business has published their Best Business Books 2008. What makes this list special is that they assign each category to an expert in that field for review, and each reviewer delivers a lengthy and in depth essay on the books chosen. I've linked each category to it's reviewer's essay at the top of each section.