Encouraging
our clients to read books has always been an integral part of our business. As a result, we’d like to periodically share 10 books that we feel should be
included in your business and/or personal library. These books are not listed in
order of sales, popularity, or recommendation. The numbers are used only for
reference purposes.
#1 The 8th Habit From Effectiveness to Greatness
by Stephen R. Covey
It was just a matter of time ... If you read
The Seven Habits of Highly-Effective People, as well over 15 million readers worldwide have done, you
had to know that Stephen Covey would someday, inevitably, give us the 8th Habit. In fact, most of us expected it
long before this.
Prior to examining his latest contribution,
let's take a look at what's occurred since Covey introduced his original
work which inspired readers worldwide.
The 7 Habits has sold 15 million copies and continues to sell
50,000 to 100,000 a month.
At 1.5 million copies, The 7 Habits is the best-selling
non-fiction audio book in history!
The 7 Habits was published in 38 languages and 75 countries.
The 7 Habits ranked as a No. 1 best seller by The New York
Times and
Business Week.
It was named as one of the two most influential business books of the
last century by Executive magazine.
A survey by Chief Executive magazine chose The 7 Habits as the
most influential book of the 20th Century.
Time magazine previously named Covey one of the 25 most
influential Americans.
Following his initial success, he followed The 7 Habits with:
The 8th Habit is 50 pages longer than the original seven habits combined.
The 8th Habit hit bookstores almost 15 years to the day after the original
was released.
Covey received the Entrepreneur of the Year's Lifetime Achievement award.
Dr. Covey's organizational legacy to the world is Covey Leadership Center—a worldwide, 700-member leadership development firm.
In 1997, a merger with Franklin Quest created the new Franklin Covey
Company with over 3,000 employees and $500 million in annual revenue and
noted throughout the world for the Franklin Planner. Dr. Covey is currently
Vice-Chairman of Franklin Covey, the world's largest management and leadership
development organization.
His advice has been sought by people as distinguished as the President of
the United States and CEOs of major FORTUNE 500 companies.
Stephen Covey is one of the few management authorities to have stood the
test of time. That fact alone makes him worth listening to, which leads us
to The 8th Habit: From Effectiveness to Greatness. Covey says that the
8th habit is finding one's "voice" ... the quality that makes each person
unique. He believes that possession of this quality is the road to success.
Covey says that after we find our voice, we can then inspire others to find
theirs. Additional support for this thinking comes from Mahatma Gandhi who
said: "The difference between what we are doing and what we are capable of
doing would solve most of the world's problems."
The world has profoundly changed since The 7 Habits of Highly Effective
People was published in 1989. The challenges and complexity we face in our
personal lives and relationships, in our families, in our professional
lives, and in our organizations are of a different order of magnitude. In
fact, many mark 1989, the year we witnessed the fall of the Berlin Wall, as
the beginning of the Information Age, the birth of a new reality, truly a
new era.
The majority of the book details with how, after finding your own voice, you can
inspire others and create a workplace where people feel engaged. This
includes establishing trust, searching for third alternatives and developing
a shared vision.
When you study the lives of all great achievers, you will find a pattern.
This pattern consists of four capacities: vision, discipline, passion and
conscience. These capacities embody many, many other characteristics used to
describe those traits we associate with people whose influence is great,
whether known to many or few. Covey defines, models and shares examples of
each of these timeless principles. The 8th Habit, then, is not about
adding one more habit to the seven—one that somehow got forgotten. It's about seeing
and harnessing the power of a third dimension to the 7 Habits that meets the
central challenges of the New Knowledge Worker Age.
This certain-to-be-classic book includes a Bonus DVD of 16 inspirational
companion films—each of which will provide additional inspiration and
insight for readers.
Covey's new book will transform the way we think about ourselves and our
purpose in life, about our organizations, and about humankind. Just as The 7
Habits of Highly Effective People helped us focus on effectiveness, The 8th
Habit shows us the way to greatness.
#2
Customer Mania! It's Never Too Late to Build a Customer-Focused Company by Ken Blanchard, Jim Ballard, and Fred Finch
Here we have
another must-read book to add to your corporate or personal library in your
ever-growing Ken Blanchard section. There are a number of reasons to
classify Blanchard's latest contribution as a must read—not least of
which is the author himself. He has authored or co-authored over 30 books,
including one of the best-selling business books of all time,
The One
Minute Manager and the giant business best-sellers
Raving Fans,
Gung
Ho!, and Whale Done!
We've previously reviewed many of his best-sellers on our
website. Credited with 15 best-sellers to date, his books have combined
sales of more than 17 million copies in 27 languages. There is good reason
for those numbers. This man knows of what he speaks.
Blanchard and his two co-authors, Jim Ballard and Fred Finch, draw on
lessons gleaned from the world's largest restaurant chain as they explain
that any company, large or small, can develop a unified, people-first,
customer-oriented culture. This relatively small book (195 pages) is packed
with practical insights, concepts, strategies, tools, tips, and case studies
that will leave you eager to share with your team in an effort to create
your own Customer Mania!
Time and space restraints prohibit my sharing the myriad of valuable
suggestions and examples offered within the pages of Blanchard's soon-to-be
next best-seller. However, I can tell you Customer Mania! emphasizes four
critical steps:
Set Your Sights on the Right Target
Treat Customers the Right Way
Treat Employees the Right Way
Build the Right Kind of Leadership
Don't be misled by the simplicity or familiarity of these powerful steps.
The authors not only define each step but also provide vivid examples of
each as demonstrated by the world's largest restaurant company, YUM! They
also share the impressive success this company has enjoyed as a result of
its focused efforts around the four critical steps.
You may not be familiar with the name, YUM!, but I'm sure you're familiar
with their products, service, and success. In 1997 KFC, Taco Bell, and Pizza
Hut had been spun off from PepsiCo to form a new entity, Tricon. At that
time, Tricon's balance sheet was in trouble. The new company inherited a
$4.7 billion debt and its return on invested capital hovered at a feeble 8
to 9 percent. As if that weren't a big enough challenge, in 2002 Tricon
bought two additional quick service restaurant brands—Long John Silver's
and A & W All American Food Restaurants—and in the process became the
world's largest restaurant. At this point, they changed their name to YUM!
Brands. Given its financial situation and the sheer size of the
enterprise, the task of creating massive cultural change was daunting! Think
change is difficult? Try it with 840,000 employees at 33,000 restaurants in
more than 100 companies!
Were they successful? Since its spin-off in 1997 from PepsiCo, YUM! has more
than tripled its earnings per share, doubled its return on investment
capital and has taken the market capitalization from $3.7 billion to $10
billion! The $4.7 billion of debt YUM! was saddled with is now just $2.1
billion and today the company has an investment-grade quality balance sheet.
In short, not bad! Wanna know how they did it? Read this book!
Regardless of how large or small your company is—whether it's conservative
or cutting edge, old or new, whether it involves top level executives or
front counter folks—you can build it right by focusing on your customers
too.
Have you ever
wondered why some people seem to be lucky at every turn and others simply
can't seem to get a break? Is luck just fate, a psychic gift or a question
of intelligence? Are people born lucky? Can you change your luck? And what
is it that lucky people have that unlucky people lack?
Most of us have
asked at least one of these questions at some point in our lives. In this
book, Psychologist Dr. Richard Wiseman, a British psychologist with his own
research unit at the University of Hertforshire, U.K., sheds a great deal of
light on this very interesting subject.
Dr. Wiseman conducted a
groundbreaking new scientific eight-year study of the phenomenon of luck and
the various ways we can bring good luck into our lives. He shares his
findings from intensive interviews and experiments with over 400 volunteers,
his long-term study of both lucky and unlucky people as well as the work of
others. He is more than likely the first to place luck under a scientific
microscope, examining the different ways in which lucky and unlucky people
think and behave. As a result of his intensive focus on this unique subject,
Wiseman arrived at an astonishing conclusion: Luck is something that can be
learned. It is available to anyone willing to pay attention to Four
Essential Principles:
Creating Chance Opportunities
Thinking Lucky
Feeling Lucky
Denying Fate
Dr. Wiseman examines each of the four Principles as well as 12 sub
principles that promises to offer "a scientifically proven way to
understand, control, and increase your luck. This easy read is filled with
real-life stories from hundreds of interviews; inspirational quotes from
the likes of Benjamin Franklin and Oprah Winfrey; graphed research data
and anecdotes from the lives of the famous such as Harry Truman and Warren
Buffett. The Luck Factor also richly portrays the lives of ordinary
people who have been extraordinarily lucky or unlucky.
Readers can
determine their capacity for luck as well as learn to change their luck
through helpful exercises that appear throughout the book. Finally Dr.
Wiseman gives us a look into "The Luck School" where he instructs unlucky
people and also teaches lucky people how to further enhance their luck.
Questionnaires and exercises offer guidance on how to acquire or enhance
luckiness while keeping a "luck journal" and incorporating techniques to
increase intuition, stop negative self-fulfilling prophecies and learn how
to effectively network. In addition to the usual tests and exercises
common to self-help books, he includes visual games to make his points.
The Luck Factor will give you revolutionary insight into the lucky
mind and could, quite simply, change your life.
#4
The Rules of Business 55 Essential Ideas to Help Smart People (and Organizations)
Perform at Their Best by FAST COMPANY's Editors and Writers
I came across
this book on a recent browsing excursion through my local bookstore. I must
admit my motive evolved from my admiration and constant reference to the
monthly magazine FAST COMPANY. I’ve been an avid fan of this
publication for ten years now as it has provided me with a great deal of
research data in my roles as a speaker and consultant. Knowing the quality
of the magazine content, I was anxious to see what the book had to offer. I
certainly wasn’t disappointed.
I found 22 chapters covering such essential areas as change, creativity
and innovation, communication, customer service, technology, employee
retention, leadership and teamwork to name just a few. Each category is
introduced by a two-page commentary and weaves two to four essential rules
throughout every chapter. At the end of each chapter you’ll find a boxed,
bulleted "Fast Take" section providing specific take-aways you can use in
your daily routine.
The true value of each chapter, however, appears in the form of the
tremendous insights, quotes, and valuable advice gathered from over 200 of
the greatest business minds in the world. Many are currently active in their
specialized fields, some are currently retired, and some left us long ago
although their influence will live on forever.
It’s a mere 246 pages in length, but each page is filled with a wealth of
"timeless truths" from the very best minds in business. Consider just a few
of the 200 business leaders, politicians, practitioners, and thinkers who
have contributed to this essential desk reference: Warren Buffett, Bill
Gates, Tom Peters, Jack Welch, Jeff Bezos, Zig Ziglar, Anita Roddick, Peter
Drucker, Malcolm Forbes, Sam Walton, Lee Iacocca, Henry Ford, Walt Disney,
Thomas Edison, Dale Carnegie, Jim Collins, Kenneth Blanchard, and Warren
Bennis. The editors and writers of FAST COMPANY have done a superb
job of compiling this valuable group of essential rules that will certainly
be an asset to any manager, professional, or executive-to-be.
#5
The Google Story Inside the Hottest Business, Media and Technology Success of Our Time
by David A. Vise and Mark Malseed
I've written over 120 book reviews
thus far and have never suggested that any book was targeted for any
particular audience. However, we all know that there's a first time for
everything, and I guess this is one of those times. There's no doubt in my
mind that this particular book will only appeal to you if you are a geek ...
or a business person ... or an entrepreneur ... or an investor ... or a
dreamer ... or a techie ... or a young person ... or a proud parent ... or a
visionary ... or a grad student ... or a person who enjoys a great success
story. I'll stop there, although the list goes on and on. I'm sure you get
the picture. This is a must read!
However, it might be wise to understand a little bit about the authors.
David Vise is a Pulitzer Prize-winning reporter for the Washington Post
and author of three books, and Mark Malseed has contributed to the
Washington Post and the Boston Herald as well as doing a great
deal of research on Bob Woodward's recent books. Although both authors are
reputable writers, you might get the feel that they are great fans of the
founders as they tend to focus on all of the wonderful, positive aspects of
Google's rise to being the titan of search. Don't expect a negative word
about the founders or the company, which might lead some to think the book
lacks objectivity. However, other authors, magazines, and books can and will
provide you that viewpoint should you yearn for that side of the story.
Meanwhile, sit back and relax as you read this captivating tale reminiscent
of the popular tale of "Revenge of the Nerds."
Here is the story behind one of the most remarkable Internet successes of
our time. This book takes you inside the creation and growth of a company
whose name is a favorite brand and a standard verb recognized around the
world. Join these two very young billionaires as they travel from their
first dorm office to an upgrade garage office to their futuristic campus
headquarters where they continue their quest to "change the world."
I don't have the time or space to share what you'll find captivating
about this book, this company, nor the two young men you'll meet within
these pages. Let me, instead, share a few random facts. If you find them of
interest, read the book. There's much more where this came from. If these
few facts don't grab your interest ... be very concerned.
Google is a play on the word googol and refers to the number
represented by the numeral 1 followed by 100 zeros. Google's use of the
term reflects the company's mission to organize the immense, seemingly
infinite amount of information available on the web.
Co-founders Larry Page and Sergey Brin weren't terribly fond of each
other when they first met as Stanford University graduate students in
computer science in 1995. Larry was a 24-year-old University of Michigan
alumnus on a weekend visit; Sergey, 23, was among a group of students
assigned to show him around. They argued about every topic they discussed.
Three years later, Moscow-born Sergey and Midwest-born Larry dropped out
of graduate school at Stanford to, in their own words, "change the world"
through a search engine that would organize every bit of information on
the web for free. They have accomplished that feat in more than 100
languages.
Its stock is worth more than General Motors' and Ford's combined.
Its staff eats for free in a dining room run by the Grateful Dead's
former chef.
Its employees traverse the firm's colorful Silicon Valley campus on
scooters and inline skates.
At more than 200 million requests a day, it is, by far, the world's
biggest search engine.
More than half of those requests come from outside the United States.
From 6 a.m. until noon PST, peak traffic hours for Google, more than 2,000
search queries are answered a second.
Google's index of web pages is the largest in the world, comprising
over 3 billion web pages. If printed, this would result in a stack of
paper over 240 kilometers high. Google searches this immense collection of
web pages often in less than half a second.
Users can restrict their searches for content in 88 non-English
languages. In fact, Google is working on a Klingon interface just in case.
Google has a world-class staff of more than 1000 employees known as
Googlers. The company headquarters is called the Googleplex Campus located
in Mountain View, California.
Google Groups comprises more than 800 million Usenet messages, which
is the world's largest collection of messages or the equivalent of more
than a terabyte of human conversation.
#6 The Search How Google and Its Rivals Rewrote the Rules of Business and Transformed
Our Culture by John Battelle
Upon completion of The Google Story,
you'll probably feel as though you've just returned from the Land of Oz via
the fabled Yellow Brick Road after befriending each and every one of those
loveable characters. Upon completion of The Search, you'll definitely
feel as though you're back in the black and white version of Dorothy's
Kansas, and you can taste the sand in your mouth. That's not necessarily a
bad thing. Many will appreciate hearing the yin-yang explanations of a
growing phenomenon that is destined to touch the lives of just about
everyone in one way or another.
This black and white, cut and dried,
no-nonsense, very ambitious text comes with a strong pedigree. Author John
Battelle knows of what he speaks. He is a co-founding editor of Wired
and the founder of The Industry Standard, as well as TheStandard.com. He's
also a columnist for Business 2.0, and the founder, chairman, and
publisher of Federated Media Publishing. No one is better qualified to
explain this entire phenomenon than Battelle who has devoted his career to
finding the holy grail of technology—and he has finally found it in
"search."
The Search is a sweeping survey of the history of
Internet search technologies, its gossip about and analysis of Google, and
its speculation on the larger cultural implications of a web-connected
world. However, The Search offers much more than the inside story of
Google's triumph. The author also includes chapters on "Search, Before
Google" and the "Who, What, Where, Why, When. And How (Much)" of search.
It's also a big-picture book about the past, present, and future of search
technology, and the enormous impact it is starting to have on marketing,
media, pop culture, dating, job hunting, international law, civil liberties,
and just about every other sphere of human interest.
The author draws on
more than 350 interviews with major players from Silicon Valley to Seattle
to Wall Street, including Google cofounders Larry Page and Sergey Brin and
CEO Eric Schmidt, as well as competitors like Yahoo, Alta Vista, Excite,
Lycos, and other pioneers. Battelle clearly reveals how search technology
actually works, explores the amazing power of targeted advertising, and
reports on the frenzy of the Google IPO, when the company tried to rewrite
the rules of Wall Street and declared "don't be evil" as its corporate
motto.
This book, like The Google Story, will earn a coveted spot
on many reputable reading lists. The motives, however, may differ
considerably. This publication will draw the attention of the likes of Bill
Gates, almost every venture capitalist and startup-hungry entrepreneur in
Silicon Valley and a variety of business people, technology futurists,
journalists, and interested observers of the concept of Internet search.
There are times when the author's descriptions of Internet search technology
can get too technical for readers without a computer science background; the
book is a deeply researched and nimbly reported look at how search has
defined the Internet and how it will continue to be a tremendous reflection
of culture.
#7
The World Is Flat A Brief History of the Twenty-First Century
by Thomas L. Friedman
Make a note of this book title and become acquainted with the author.
Even more importantly, consume the content. Read it again and again. Analyze
it. Evaluate it. Understand it. Know how it impacts you today and how it
will inevitably impact your future.
As I travel from coast to coast in my role as a consultant and speaker,
I'm fascinated by the reality that this book divides everyone into one of
two categories: 1) Those who are very familiar with the author, his research
and revelations and 2) those who know nothing of this author or the subjects
of globalization and the flattening of the world as we know it. Those in the
latter category seem to feel as though this growing trend doesn't affect
them in any way and probably never will. This is truly frightening as this
trend is impacting every American every day in any one of a variety of ways.
This book will inform and astound everyone who reads it or listens to it on
audio tape or CD.
Thomas L. Friedman has won the Pulitzer Prize three times for his work at
The New York Times, where he serves as the foreign affairs columnist.
He is also the author of three best-selling books and the winner of the
National Book Award.
In this revealing page-turner, Friedman demystifies our brave new world
for us, allowing us to make sense of the often bewildering global scene
unfolding before our eyes. His aim is not to give you a speculative preview
of the wonders that are sure to come in your lifetime, but rather to get you
caught up on the wonders that are already here. The world isn't going to be
flat; it is flat. What Friedman means by "flat" is "connected"—the lowering
of trade and political barriers and the exponential technical advances of
the digital revolution have made it possible to do business, or almost
anything else, instantaneously with billions of other people across the
planet. He explains it all in breathless narrative and great detail dating
from the year 1492 until today.
I can't possibly describe in a few paragraphs what Friedman so eloquently
shares in 488 pages so allow me to tease you a bit with a few excerpts that
should send you sprinting to your nearest bookstore to get your own copy of
what will soon become the coffee-table textbook of anyone who cares about
the future of this country and its citizens.
Friedman describes "The Ten Forces That Flattened The World" and "The
Triple Convergence"—subjects which most of us know very little of even
though both affect us in dramatic ways.
Friedman elaborates on Bill Gates' statement, "When I compare our high
schools to what I see when I'm traveling abroad, I am terrified for our work
force of tomorrow. In math and science, our fourth graders are among the top
students in the world. By eighth grade, they're in the middle of the pack.
By 12th grade, U.S. students are scoring near the bottom of all
industrialized nations."
"In 2001, India graduated almost a million more students from college
than the United States did. China graduates twice as many students with
bachelor's degrees as the U.S., and they have six times as many graduates
majoring in engineering. In the international competition to have the
biggest and best supply of knowledge workers, America is falling behind."
In many small- and medium-sized hospitals in the US, radiologists are
outsourcing reading of CAT scans to doctors in India and Australia! In 2003,
some 25,000 U.S. tax returns were done in India! In 2005, that number topped
400,000! In most cases, tax-payers were totally unaware of the out-sourcing.
There are currently 245,000 Indians answering phones or dialing out to
solicit people for credit cards or cell phone bargains or overdue bills.
Jet Blue has outsourced its entire reservation systems to housewives in
Utah.
If you own a Toshiba laptop computer that is under warranty and it breaks
and you call Toshiba to have it repaired, Toshiba will tell you to drop it
off at a UPS store and have it shipped to Toshiba, and it will get repaired
and shipped back to you. Here's what they don't tell you: UPS doesn't just
pick up and deliver your laptop. UPS actually repairs the computer in its
own UPS-run workshop dedicated to computer and printer repairs at its
Louisville hub. You can now ship your laptop one day, get it repaired the
second day and have it delivered back to you on the third day—thus enhancing
the once-tarnished Toshiba reputation for taking forever to handle repairs.
By the way, the UPS repairmen and women are all certified by Toshiba. UPS is
not just delivering packages, it is synchronizing global supply chains for
companies large and small.
These are just a few of the fascinating examples you'll discover in this
groundbreaking new book. Friedman consistently points out that globalization
and the flattening of the world offer us as many opportunities as it does
challenges. In fact, he claims we can actually flourish in this new flat
world but it will take the "right imagination" and the "right motivation"
... both of which he describes in detail. The author wants to tell you how
exciting this new world is, but he also wants you to know you're going to be
trampled if you don't keep up with it. This book makes one think, and then
think again. Here we are busy with our day-to-day life, not paying attention
to what is ongoing in the world around us. Thomas Friedman surely opens the
eyes with this book and makes you consider where your role is in the flat
world. This book is required reading for anyone concerned about our future.
Jack Welch has written a
number of books on a variety of subjects such as leadership, management,
business, values, and competition, to name just a few. Even more books have
been written about him and his illustrious career with General Electric.
When this particular book hit the book stores, I received a number of
comments, via e-mail and in person, from friends and associates who were
eager to share their impressions. Oddly enough, the reviews were mixed. In
fact, they ranged from one end of the spectrum to the other. Several told me
it was the very best book they've read by and/or about the man who Fortune
Magazine crowned "Manager of the Century," Others told me that it was
nothing more than a re-hash of every other book he's written. After reading
the book myself, I could obviously identify with both viewpoints. In fact, I
did. However, I believe this outcome was intentional for a number of
reasons.
Winning was a joint effort for Jack and his wife Suzy. His talented wife
is the former editor of the Harvard Business Review. She attended
Harvard University and the Harvard Business School, and is the author of
numerous articles about leadership, creativity, change and organizational
behavior, and a contributor to several books about general management.
I must admit I've met very few people who are neutral on the subject of
Jack Welch. Most everyone seems to love the man or hate the man. That might
have something to do with the fact that the man's personal life differed
somewhat from his management philosophies. Obviously, readers focus more on
one than the other. Those who choose to focus on his personal life, may very
well find reason to disapprove of him. However, if you want some simple,
powerful and proven management practices, then he is arguably one of the
best ever.
Personal feelings aside, you can't ignore the facts. Jack Welch knows how
to win. During his forty-year career at General Electric, he led the company
to year-after-year success around the globe, in multiple markets, against
brutal competition. He transformed the industrial giant from a sleepy "Old
Economy" company with a market capitalization of $4 billion to a dynamic new
one worth nearly half a trillion dollars.
His honest, be-the-best style of management became the gold standard in
business, with his relentless focus on people, teamwork, and profits. Since
Welch retired in 2001 as chairman and chief executive officer of GE, he has
traveled the world, speaking to more than 250,000 people and answering their
questions on dozens of wide-ranging topics. He decided to write this book as
a way to provide documented answers to the many questions he received during
his travels.
Welch's objective in this book is to speak to people at every level of
the organization, in companies large and small. His audience is everyone
from line workers to college students and MBAs, from project managers to
senior executives.
He kicks things off with an introductory section called "Underneath It
All" where he shares his personal business philosophy.
The core of the book is then divided into three sections:
He looks inside the company, from leadership to picking winners to
making change happen.
He looks outside at the competition focusing on strategy, mergers, and
Six Sigma to name just a few areas.
Here he focuses on managing your career—how to find the right job, get
promoted, deal with a bad boss, and achieve work-life balance.
The final section of the book Welch calls "Tying Up Loose Ends." Those
interested in the human side of great leaders will find this last section
especially appealing. In it, Welch answers the most interesting questions
that he's received in the last several years while traveling the globe
addressing audiences of executives and business-school students.
Critics seem to agree that Winning is destined to become the bible
of business for generations to come. To avoid the content of this book
because you disapprove of Jack—the man—would be a disservice to you, the
student of leadership. There is a wealth of valuable insights, original
thinking, and solutions to nuts-and-bolts problems within these pages. It's
difficult to think of anyone in business who wouldn't benefit from reading
this savvy, engaging cubicle-to-boardroom guide to success.
#9
The Daily Drucker 366 Days of Insight and Motivation for Getting the Right Things Done
by Peter F. Drucker with Joseph A. Maciariello
If you know of Peter
Drucker, the 95-year-old Austrian-born author and analyst who left behind a
body of work that laid the foundation for modern management science, you'll
want this book. If you know little or nothing of this man who was
often called "the world's most influential business guru" and top management
thinker in the world, you need this book.
Peter Drucker died in
November of this year (2005). He is the American Business Philosopher—a guru
and teacher who writes about the business of business in a fundamental and
memorable way. He has written more than three dozen books, translated into
30 languages, over a period of 66 years. In addition, he has written
countless articles for newspapers and magazines world-wide. Millions of
people read those books and articles. Millions more, even if they never read
Drucker, knew his concepts and catch-phrases: "management by objective,"
"knowledge worker," "empowered employee," "privatization,"
"decentralization," "creative abandonment," and the list goes on and on.
His thinking transformed corporate management in the latter half of the 20th
century and his work influenced Winston Churchill, Bill Gates, Jack Welch
and the entire Japanese business establishment.
I was always personally
impacted by the fact that, until the day he died, Peter Drucker referred to
himself as a student rather than a teacher. He expressed gratitude each day
for what he learned from others. We'd be much better off if only today's
high school and college students would adapt that life-long philosophy.
This hardbound book is an anthology of 366 brief excerpts from Drucker's 36
books and countless articles. Drucker himself explains that "the most
important part of this book is the blank spaces at the bottom of its pages.
They are what the readers will contribute, their actions, decisions and the
results of these decisions. For this is an action book." The reader is also
provided with an extensively annotated bibliography and a comprehensive list
of "Readings by Topic."
Oddly enough, this book actually resembles a bible
and even has a ribbon to mark your page. For so many business leaders,
Drucker was a business guru akin to a spiritual guru. His insights are
profound, logical, and prophetic. Indeed, his words were a guidebook to
those he inspired. This is a book that can fit on anyone's desk for a quick
dose of inspiration.
No other business thinker has been more influential
than Peter Drucker. Every page should be read, meditated, and implemented.
It should be read everyday. The content is far from being technical. A
business education or background certainly isn't required to understand or
enjoy it. The book is a joy to read for those who seek business knowledge in
its highest form. If you are going to buy only one Drucker book, then buy
this one as it contains his best collections. Future generations will
continue to benefit from his intellectual journey in the coming 1000 years.
This fine collection of "Druckerisms" would make a fine gift for anyone. Its
content will be as relevant in a century as it is today.
His longtime
friend and colleague, professor Joseph A. Maciariello, assisted with the
selection and organization of the material. Here are just a few of the
excerpts:
To make hierarchies less appealing to executives, he suggested, just
limit executive pay. No executives, Drucker wrote in 1982, should be
making more than twenty times the pay of their workers.
Smart enterprises, he preached, don't order their employees around.
They value their employees, encourage their contributions, and tap their
wisdom at every opportunity.
Dumb enterprises, by contrast, create obstacles to information
sharing. They layer bureaucracy upon workers and smother their
imagination. They shield executives from real-world knowledge.
Central to his philosophy was the belief that highly skilled people
are an organization's most valuable resource and that a manager's job is
to prepare and free people to perform.
In the early 1950s, when other business leaders figured the worldwide
market for computers was in the single digits, he predicted that computer
technology would thoroughly transform business. It has indeed done just
that.
In 1961, he alerted his followers to the rise of Japan as an
industrial power, and two decades later, he warned of its impending
economic stagnation.
In 1997, he predicted a backlash to burgeoning executive pay, saying,
"In the next economic downturn, there will be an outbreak of bitterness
and contempt for the super-corporate chieftains who pay themselves
millions."
Quotation: "If we didn't spend four hours on placing a man and placing
him right, we'd spend four hundred hours on cleaning up after our
mistake." (Alfred Sloan).
"In cost control an ounce of prevention is worth a pound of cure."
"The right answer to the wrong problem is very difficult to fix."
"People's decisions are the ultimate—perhaps the only—control of an
organization. People determine the performance capacity of an
organization. No organization can do better than the people it has."
"Every organization needs one core competence: innovation."
"Effective executives build on strengths-theirs and others. They do
not build on weaknesses. "
"The one person to distrust is the one who never makes a mistake ...
Either he is a phony, or he stays with the safe, the tried, and the
trivial. The better a person is, the more mistakes he will make ..."
As long as I can remember, business leaders have
traditionally borrowed from successful sports strategies to run their
companies. Many players and coaches, from a variety of popular sports, have
written books that ended up in corporate libraries. However, the proverbial
"tables" have apparently turned. I just read a very interesting cover story
on the front page of the Money section of USA Today. The focus of
this two-page feature revolves around the ironic fact that this book is
becoming a must-read for NFL head coaches.
The irony is obvious. The
Five Dysfunctions of a Team was written for business executives and
managers. A football audience was so far from the mind of author Patrick
Lencioni that the parable's heroine is a 57-year-old female CEO named
Kathryn who talks about such sappy things as fear of conflict.
Apparently a large number of coaches and players in the NFL are learning
a thing or two from a business book about winning tactics in the workplace.
Author Lencioni says he was stunned to learn that his growing list of fans
include: San Francisco 49ers coach Mike Nolan, Oakland Raiders coach Norv
Turner, San Diego Chargers coach Marty Schottenheimer, Miami Dolphins rookie
coach Nick Saban, Cleveland Browns coach Romeo Crennel, and Cincinnati
Bengals coach Marvin Lewis. Several of the coaches even distributed copies
to their assistant coaches and players, and Coach Lewis keeps a four-color
printout of the book's pyramid on his desk to remind him of the five
dysfunctions that can cripple a team.
You might wonder why a business book
would be of such great interest in the NFL? When you think about it, it's
rather obvious. Head coaches and players are struggling with many of the
same challenges that CEO's and employees are forced to contend with in
today's competitive and ever-changing environment.
The popularity of The Five Dysfunctions of a Team isn't exclusive
to NFL coaches. Teams playing everything from cricket in New Zealand to
tennis at Northwestern University have employed its lessons.
Published in 2002, The Five Dysfunctions of a Team never rose to
the level of best seller. However, more recently, demand has grown, and over
the past two years, it has outsold almost all but a few
leadership/management books such as Who Moved My Cheese?, Good to
Great,The 7 Habits of Highly Effective People, The 8th Habit
and Now, Discover Your Strengths, according to USA Today book
sales data.
This is a genuinely significant book for anyone who works in a
team environment, whether at work, in sports, in the community, at home,
etc. Over the years, there have been hundreds of books written on the
subject of building teams. This is one of the best for the simple reason
that it gets at the ROOTS of team failure. Anyone who has been forced to go
through corporate "team building" sessions, forcing you to sing with your
fellow co-workers, tip toe across two-by-fours, or swing on a rope like
Tarzan knows that this approach doesn't work! The principles presented in
The Five Dysfunctions of a Team are solid and will get results.
These are the five team dysfunctions that Lencioni uses in his leadership
fable:
Absence of Trust
Fear of Conflict
Lack of Commitment
Avoidance of Accountability
Inattention to Detail
This book will be a great asset to team members and leaders alike. You
will see yourself and your team in this book. More than that, you will find
specific steps you can take to make your team better. Through a real life
fable, the author leads you through the steps you need to take to move a
team from dysfunction to health. You will find a clear model as well as
examples that are as relevant as your last meeting.
The majority of the book deals with a fictional CEO and her efforts to
unite a dysfunctional team that is in such disarray that it threatens to
destroy the entire company. Throughout the story, the author reveals the
five dysfunctions that go to the very heart of why teams, even the very
best, often struggle. He outlines a powerful model and actionable steps that
can be used to overcome these common hurdles to build a cohesive, effective
team.
n the last few pages of the book, the author describes each
dysfunction in detail, followed by suggestions to overcome that dysfunction. The Five Dysfunctions of a Team gives a simple message
that inspires, energizes, and creates a vision of hope for how thing could
be in a team. Coaches agree that there is a lot that goes into a winning
team, and no book will ever play more than a tiny role. But in the NFL, as
in business, a slight edge can make the difference.
Harry K. Jones is a professional speaker
and consultant for AchieveMax®, Inc., a firm
specializing in custom-designed keynote presentations, seminars, and consulting
services. Harry has appeared all over North America addressing topics such as
change, customer service, creativity, employee retention, goal setting,
leadership, stress management, teamwork and time management for a number of industries,
including education, financial, government, healthcare, hospitality, and
manufacturing. He can be reached at 800-886-2MAX or by visiting
http://www.AchieveMax.com.
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