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December 30, 2004

Jack Covert Selects–Nightly Business Report presents Lasting Leadership

Filed under: Jack Covert Selects — Jack @ 11:31 am
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Nightly Business Report presents Lasting Leadership: What You Can Learn From the Top 25 Business People of our Times by Mukul Pandya and Robbie Shell, Wharton School Publishing, 250 Pages, $26.95 hardcover, November 2004, ISBN 0131531182

Who doesnt want to know about leadership? It is a discipline that has been called an art by Max DePree and dissected by countless academics. Wharton School Publishing has created, in collaboration with Nightly Business Report (NBR) and Knowledge@Wharton, a perfect book for those of us who like to discover how leadership is done.
The book identifies the 25 most influential business leaders of the past 25 yearsside note, I didnt make it. The NBR viewers nominated more than 700 business people from around the worldonce again, I was skipped. A panel of six Wharton judges selected the top 25. Seriously, it is a great list. Iacocca, Welch, Branson, Buffett, Bezos, and Kelleher. The panel was asked to pick the best of the 25. Andy Grove won that honor. 2 of the 25 have diedSam Walton and Mary Kay Ashand they interviewed 15 of the remaining 23.

They have identified eight characteristics that have enabled the 25 individuals to overcome major challenges as well as create their own leadership style.

Building a strong corporate cultureHerb Kelleher.
Truth tellingPeter Drucker, Bill George
Finding and catering to under-server marketsJohn Bogle, Charles Schwab
Seeing the invisibleSteve Jobs, Ted Turner
Using price to build competitive advantageJeff Bezos
Managing and building their organizations brandOprah Winfrey, Lee Iacocca.
Being a fast learnerLou Gerstner, Bill Gates.
Managing riskAlan Greenspan, Peter Lynch.

The history and challenges of these 25 leaders are thoroughly covered with tidbits of information on side bars, which includes detailed information on birthdays, marriages, schooling and highlights in their respective careers. What’s great about this is that you can pick and choose what you want to read and everything is in bite-sized morsels. The stories ends with what is titled “The Leadership Lesson” which gives further insight into how these 25 leaders got to be where they are. Their stories are told with many verbatim quotes, which really helps this book to be both interesting and motivating. This makes it a great holiday gift book for anybody in business.

BTW, IF YOU ARE INTERESTED IN GETTING THE FREE MONTHLY REVIEWS I DO, JUST EMAIL ME AT JACK AT 800CEOREAD DOT COM AND I’LL PUT YOU ON THE LIST.

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December 29, 2004

Tsunami

Filed under: Jack's Thoughts — Jack @ 8:51 am
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We in America have been following the events in Asia truly with “shock and awe.” Evelyn Rodriguez, a guest blogger and friend, puts a human face on the nightmare that we are seeing in the news. She is/was there. Again, read from the bottom up. Evelyn’s blog

We have to do something and it looks like the best way is to give money to the Red Cross or Salvation Army.

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December 28, 2004

Jack Covert Selects–Faith and Fortune

Filed under: Jack Covert Selects,Uncategorized — Jack @ 10:37 am
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Faith and Fortune: The Quiet Revolution That is Transforming Corporate America by Marc Gunther, Crown Business, 270 Pages, $25.00 Hardcover, November 2004, ISBN 1400048931

As I have said many times, I get lots of business books. They journey from the cardboard container they come in to my desk, and I go through these books to find potential reads. I continually cull the books, and this particular book has made the cut many times and I decided to give the book a shot one weekend. What a treat.

The author is a senior writer at Fortune and in 2001 he wrote an article called God & Business: The Surprising Quest for Spiritual Renewal in the American Workplace. The issue ended up being the second biggest seller of the year. The premise is that there are a group of very successful businesses who are living and working within a highly moral and ethical set of standards while they are actually making money. This article was the start of his investigation on how people live and practice their values in the workplace, and he expands more on this issue in Faith and Fortune.

A couple of things I especially like about the book is that the writing is very character driven. You get to know the people very well and this is not only interesting and informative, but inspiring as well. The businesses profiled are: Greyston Bakery and Hewlett Packard, Staples and Pepsi Cola, Amy Domini and Social Investing, Richardo Levy. Also a real treat is the final chapter called Where do we go from here? It talks about how many companies and entrepreneurs have found ways of giving back to the community.

In this cantankerous world of layoffs and outsourcing, along with Chainsaw Al Dunlap and Neutron Jack, it is nice to get a view from the other side. This book teaches us that focusing on people and doing business ethically, and still making a profit can be done. Good stuff.

BTW, IF YOU ARE INTERESTED IN GETTING THE FREE MONTHLY REVIEWS I DO, JUST EMAIL ME AT JACK AT 800CEOREAD DOT COM AND I’LL PUT YOU ON THE LIST.

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December 27, 2004

Jack Covert Select–The Little Stuff Matters Most

Filed under: Jack Covert Selects — Jack @ 9:32 am
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The Little Stuff Matters Most: 50 Rules from 50 Years of Trying to Make a Living by Bernie Brillstein, Gotham, 208 Pages, $20.00 Hardcover, September 2004, ISBN 1592400795

In this delightful book Bernie Brillstein shares his stories of what he believes is important in making a living. It obviously worked for him; he’s been a well-known and well-loved Hollywood producer for fifty years. What makes this book so different is that it’s not rocket science. There is no magic cure here. It’s just true, funny stories that convey common sense in surviving in the business world. And no one knows that better than the author himself who states:

“I want to make sure I’ve been absolutely clear about one thing: The Little Stuff Matters Most is not a book of secrets. There’s no Zen, no art of, no formula, no mystical philosophy; there are not three rules, seven habits, or ten steps. There are no tedious worksheets or personal diaries to keep. No daily affirmations. No seminars to attend yet. You wont feel worse about yourself if you don’t follow the program exactly because there is no program.”

What there is rings true, and is at times very funny. Just have a look at a few Bernie-isms:

Know the difference between hot and good
Don’t talk behind someone’s back in front of them
Only doctors and hookers need pagers
Don’t pet the snakes
Have an opinion, even if it’s wrong
It’s all lies, and that’s the truth
When your time has come, success will find you

The stories suck you in right from the start. They’re told vividly, yet succinctly. And they get to the point. Just like Brillstein, they make their point without apologies. It doesn’t matter what industry you work in, this book is more than self-help. It’s funny, poignant and utterly true!

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December 25, 2004

Happy Holidays and the coming week

Filed under: Jack Covert Selects,Jack's Thoughts — Jack @ 3:02 pm
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This is the slowest week in publishing. Nobody is working and seldom big books come out. Because of that Todd is gone and I am planning on spending some time with family. Ill be posting and I think I have a Jack Covert Selects or two to post but I just wanted to let you know why we are quieter than usual.
All the best and thanks for everything.

Jack

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December 23, 2004

Todd's 2004 Picks

Filed under: Lists — Todd Sattersten @ 9:00 am
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You have heard from all of the experts in the media and the blogosphere. Jack has given you some of his picks. Now, it is my turn.

There were a lot of books I liked this year, but only two that I loved and would tell all of you to go read right now.

The first is Karaoke Capitalism by Jonas Ridderstråle and Kjell A. Nordström. The authors teach at the Stockholm School of Economics and they have lots to say. They say in the introduction that they used 5000 Post-It Notes in creation of the book. What I like about the book is that it is written from a European perspective, almost outsiders’ perspective. They have a different view of the world than we do, and I think it is worth listening to. Again from the intro:

“Hard times if you the courage to think the unthinkable,” says Intel chairman Andy Grove. Now, the unthinkable is on the verge of becoming probable. Just consider the following signs of our times:

  • The best rapper is white
  • The best golfer is black
  • France accuses the US of arrogance
  • Denmark sends a mini-submarine to a desert war

This book is not a how-to book. It is a book about how individuals have endless choice, how everyone in doing business the same way, and the importance of being different.

The second you should go read right now is Partnership Charter by David Gage. These three facts shifted my paradigm about partnerships:

  1. Researchers from the Center for Study of Entrepreneurship at Marquette University investigated a sample of nearly two thousand companies and categorized the top performers as ‘hypergrowth’ companies and those at the bottom as low growth companies. Solo entrepreneurs founded only 6% of the ‘hypergrowth’ companies. Partners founded a whopping 94%, and many of those had three or more founders.
  2. In a poll taken a few years ago, Inc. asked businesspeople if they thought partnerships were a bad idea. Two-thirds of the respondents said they were. When asked why, the majority said they disliked co-ownership because of the partners’ ‘inevitable conflicts’ and ‘unmet expectations’.
  3. Business school could teach students how to minimize the risk of partner disputes, but they do not. They are schools of business administration. They teach students how to run large companies. Although they have started to do a better job of teaching students how to be entrepreneurial , they teach next to nothing about how to be a partner…Because most business schools’ graduates who start their own businesses will have real partners some day, the school’s neglect is hard to fathom. But business schools are not the only schools with this gap in their curriculum. Medical schools train physicians without regard to the fact that the vast majority of their graduates will have to struggle sooner or later with partners. The same is true of other professional schools.

Gage goes on to tell you all the things to consider when entering into a partnership, especially the part about when people want to get out.

I know you are going to say that reading about partnerships is really boring. It’s not.

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December 22, 2004

Cover Art for A Whole New Mind

Filed under: Misc. — Todd Sattersten @ 9:36 pm
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A Whole New Mind

Here is the cover art for Dan Pink’s new book A Whole New Mind. The design is by Coudal Partners.

We understand there will be one last change to a shorter subtitle – “Moving from the Information Age to the Conceptual Age”.

You saw it here first at 800-CEO-READ!

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New Releases – 12/22/04

Filed under: New Releases — Todd Sattersten @ 8:14 pm
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Here are some new releases I wanted to highlight. A couple came out last week (shame on me) and the rest will start shipping during the holidays:

  • The Art of Selling to the Affluent: How to Attract, Service, and Retain Wealthy Customers & Clients for Life by Matt Oechsli (Wiley, 12/17/04)
  • How to Feed Friends and Influence People : The Carnegie Deli…A Giant Sandwich, a Little Deli, a Huge Success by Milton Parker and Allyn Freeman
  • Lucky or Smart: Secrets To An Entrepreneurial Life by Bo Peabody (Random House, 12/28/04)
  • Get Your Ship Together: How Great Leaders Inspire Ownership from the Keel Up by D. Michael Abrashoff (Portfolio, 12/29/04)
  • Overpromise and Overdeliver: The Secrets of Unshakable Customer Loyalty by Rick Barrera (Portfolio, 12/29/04)
  • Good Debt, Bad Debt: Knowing the Difference Can Save Your Financial Life by Jon Hanson (Portfolio, 12/29/04)
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Best of Biz Books in the Blogosphere

Filed under: Lists — Todd Sattersten @ 10:37 am
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Just wanted to make sure you saw the best of lists from the coroners at Brand Autopsy and Evelyn at Crossroad Dispatches.

Also, Scott Miller has an interesting list of books dealing with the video game industry.

Are there others?

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December 21, 2004

What bloggers are reading – 12/21/04

Filed under: Personal Development,Start-ups — Todd Sattersten @ 6:35 pm
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Here are some of the latest references I have run across:

  • Brendon at Slacker Manager has an outstanding review about Susan Scott and her book Fierce Conversations. This is one of my favorite books of all time. [via shannonsays.com]
  • Anita Campbell reviews Guy Kawasaki’s The Art of the Start

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