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July 22, 2005

Business Lunchatations Audio Excerpt

Filed under: Audio — Todd Sattersten @ 12:18 pm
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Business Lunchatations

Included with Business Lunchatations is an audio CD with interviews that Bo Dietl did with a number of movers and shakers. This segment is Bo talking with Jack Welch.

mp3, 9:40, 13.3MB

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Wisdom of Crowds Audio Excerpt

Filed under: Audio — Todd Sattersten @ 10:04 am
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The Wisdom of Crowds

This is a great excerpt from The Wisdom of Crowds. James Surowiecki compares different types of organizations to those in great gangster movies.

mp3, 6:28, 8.9MB

You can find the softcover version here.

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Rita McGrath Interview

Filed under: Uncategorized — Todd Sattersten @ 8:11 am
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MarketBusters

This is an interview with Rita McGrath, co-author of MarketBusters: 40 Strategic Moves That Drive Exceptional Business Growth. You will find us talking cement, pantyhoses, and empathy.

wav, 28:22, 13MB

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July 18, 2005

Examples from Abroad

Filed under: Global Business,Start-ups — Todd Sattersten @ 3:02 pm
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If you want a guaranteed way to get mentioned on the 800-CEO-READ blog, write a book with examples and anecdotes from outside the United States. Simply Better did a good job with that last year.

Today I am going to point you to Made in China: What Western Managers Can Learn from Trailblazing Chinese Entrepreneurs by Donald Sull with Yong Wang. My first attraction to the book with the idea of learning about how Chinese start-ups get their start. The authors have built the book around some interesting ideas. Here are the main chapter headings:

  • Meet the Players
  • Acknowledge the Fog of the Future
  • Conduct Reconaissance Into the Future
  • Outcycle the Competition
  • Develop a Flexible Hierarchy
  • Manage Relationships Dynamically
  • Go For The Gold
  • Get Big Right
  • Leading in an Unpredictable Way

The real question for you on this book is how many of the companies listed below do you recognize:

  • Legend Group Ltd.
  • Sina Corporation
  • Haier Group
  • Guangdong Galanz
  • UTStarcom
  • AsiaInfo Holdings
  • Hangzhou Wahaha Group
  • Ting Hsin Group

That’s what I thought. You better pick this book up.

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This Week – 7/18/05

Filed under: Uncategorized — Todd Sattersten @ 8:31 am
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We are going to try get things running on a more regular basis again. We have been really busy since the beginning of June and things might finally settle down a bit.

I promise new audio content this week. We will also post an excerpt.

We might have another surprise for you this week too.

Have a great week!

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July 15, 2005

Pitchman for the Gray Revolution

Filed under: Misc. — Jack @ 9:34 am
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Ken Dychtwald has written about “age” issues for awhile. Being a card carrying “senior” member of this revolution, I found this quote fascinating.

Did you know that two-thirds of all the men and women who have ever lived past 65 in the entire history of the world are alive today? [Dychtwald] asks. Throughout all of history, most people didnt age. They died. So in the 18th century, couples didnt say, Gee, what would you like to do in retirement? Because youd be dead…From where I sit…this longevity revolution will have a bigger impact on peoples lives, their money, on the economy, on our families, on work, than either the industrial or technological revolutions of previous centuries.

You can get a bigger taste of what he has to say, here is a link (sub req.)

Ken has a new book coming this Fall. Here it is.

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July 14, 2005

zzz-marketing

Filed under: Marketing — Tom Ehrenfeld @ 11:22 am
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Mark Hughess recent title Buzzmarketing: get people to talk about your stuff brought to mind one of Groucho Marxs more famous quips: I never forget a face, but in your case Ill make an exception. Thats because I have a steadfast rule of not reviewing or commenting on books that I havent fully read. But in this case Im willing to make an exception.

Ill start with the cover, which is the one thing I really like about this book. The bright, playful illustration of one person speaking into anothers ear is eye-catching, and serves the core message of the book well.

What did I not like about this book? For starters, the topic. Do we really need yet another book on the art of buzz marketing? On generating word-of-mouth, creating tipping points, spawning viral marketing, all in the service of garnering attention for the latest insignificant bauble? To date the only proven success of buzz marketing has been the buzz marketers themselves. The author is famous for the gimmick of convincing the people of Halfway, Oregon, to rename themselves Half.com, when he was VP of marketing at that company. Okay, thats a real applicable lesson for all you marketers out there.

In his book, Hughes draws lessons from such important business topics as American Idol and Britney Spears, advising people to start conversations (and buzz) by pushing one of the six buttons of buzz: the taboo, unusual, outrageous, hilarious, remarkable, and secret. I cant quite figure out which one of these categories his book fits into. Was humdrum one of them? Or maybe the piling-on, as in jumping onto a topic already covered to death by many predecessors. At least he has the grace to avoid drawing lessons from the Blair Witch Trial, a case study that has inspired far too many business authors.

The point is, why arent there more celebrated books about how to make great products? Or books that question the role of business today? Or take on topics like making meaning among the employees? Marketing is essential, but most marketing books are tired. And one last gripe: in the notes the author misspells the name of Rosabeth Moss Kanter.

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July 13, 2005

Have they got a deal for you

Filed under: Marketing — Jack @ 8:28 am
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From last months’ Washington Post comes an article about new pricing policies being used on the Net:

“The idea used to be that you, the consumer, could shop around, compare goods and prices, and make a smart choice. But now the reverse is also true: The vendor looks at its consumer base, gathers information, and decides whether you are worth pleasing, or whether it can profit from your loyalty and habits. You may try to jump from site to site to hunt for the best buy, but that’s time-consuming. And there are comparative shopping sites such as Bizrate or Nextag, but these can be tough to navigate, and companies are learning quickly how to game the system.”

Read more

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July 12, 2005

Outsourcing

Filed under: Global Business — Jack @ 9:33 am
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Clyde Prestowitz has written a couple of seriously important books when it comes to international trade. Back many years ago, he wrote the primer on Japan and U.S. business called Trading Placescurrently out of print. He has just published a great book about China and our international trade issues called THREE BILLION NEW CAPITALISTS. I loved the book and so does Henry Blodget, who is a former securities analyst, who writes frequently for Slate and New York magazine. He reviewed the book in the Sunday July 3, 2005 New York Times.
One snippet from the review:

“The work is getting done faster and better, Prestowitz argues, because Indians are not only hungrier than we are, but better educated. China, India, Japan and Europe all churn out more science and engineering degrees than we do. Worse — and downright embarrassing — is the state of American education. Globally, our 12th-graders rank only in the 10th percentile in math (that’s 10th percentile, not 10th). Our students also rank first in their assessment of their own performance: we’re not only poorly prepared, we have delusions of grandeur.”

Check out the complete review here.

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July 11, 2005

BusinessWeek B-School Book Bets

Filed under: General Management,Global Business,Innovation,Lists — Todd Sattersten @ 10:03 am
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BusinessWeek asked B-schoolers what books they are reading this summer. The list includes:

  • The World Is Flat by Thomas Friedman
  • The Travels of a T-Shirt In the Global Economy by Pietra Rivoli
  • The Kite Runner by Khaled Hosseini
  • Tempered Radicals: How People Use Difference to Inspire Change At Work by Debra Meyerson
  • The End of Poverty: Economic Possibilities for Our Time by Jeffery Sachs
  • A Whole New Mind by Dan Pink
  • Harry Potter and the Half-Blood Prince by J.K. Rowling
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