SEARCH - BEST SELLERS - BLOG - CONTACT US - CUSTOM ORDERS - HELP - HUGE DISCOUNTS - NEWSLETTER
Business Books & Great Ideas
My Account - Order History - Shopping Cart - Log In

November 25, 2005

Tom's Take on Peter Drucker

Filed under: Thought Leaders — Tom Ehrenfeld @ 11:39 am
Tweet

Peter Druckers work calls two masters to mind: Bob Marley and William Shakespeare. What About Bob, you ask. Well, Drucker brings Marley to mind (my mind at least) for his central, solar, role in his universe. Theres no musical genre so dominated by one artist as reggae music is by Bob Marley. Linton Kwesi Johnson gets my vote as a genius, sure, but the scope and influence and genius of Marley animates all. Likewise Drucker with management writing: his oeuvre recapitulates virtually everything meaningful in the field.

And while its overblown to compare him with Shakespeare as a canon of world literature, reading Drucker invariably triggers a sense of executive dj vu. His ideas feel so familiar compared with every major business idea that has come upon the scenesince his work. As the Economist says, The biggest problem with evaluating Mr. Druckers influence is that so many of his ideas have passed into conventional wisdomin other words, he is the victim of his own success.

The intellectual debt to Drucker dwarfs that of the US trade deficit. Case in point: Im re-reading The Effective Executive, which contains the key ideas of Brian Tracy, The One-Minute Manager, and much of David Allen, for starters. And there in chapter five, First Things First, which deals with prioritizing, Drucker riffs on the need for companies to make brutal strategic choices when pursuing opportunity. His assertion that in business the successful companies are not those that work at developing new products for their existing line but those that aim at innovating new technologies or new businesses basically sets the table for the works of Clay Christensen, Adrian Slywotzky, Chris Zook, and Blue Ocean Strategy, to name a few. And catch this gem from his brief intro to My Years with General Motors: Leadership is not charisma. It is not public relations. It is not showmanship. It is performance, consistent behavior, trustworthiness. Searching for A Corporate Savior: The Irrational Quest for Charismatic CEOs anyone?

Unfortunately theres been some backlash to the myriad Drucker tributes that have appeared over the past few weeks (Im not going to link to them). Essentially, a few folks have complained about the sentimentality of some of the tributes, while others have argued that if Drucker was so influential, more people would be benefiting from his ideas today.

Point one rebuttal. Yes, many folks are verklempt about Druckers passing, even those who never met him. But why gripe about his ability to spark a personal response? I always admired Drucker for more than his ideas; his life was instructive and inspiring as well. Peter Drucker was a rare business guru who actually lived according to the powerful principles he counseled to others. Its hard enough to articulate a set of ideas that help other people get things done in the world, and tougher still to find a way for them to take root. And yet those accomplishments are mere training wheels compared to the X Games bicycle stunt competition of actually living by the ideals you preach. The lifecycle of consultancies fueled by fads is about as short and heated as Vinnie the Microwave Johnsons hot spells for the Detroit Pistons. For a number of very good reasons, when it comes to the world of management thinking and consulting, genius doesnt scale. The think tanks preaching speed-to-market take twice as long as others to produce articles and books; the guru preaching flat organizations creates companies with more job titles than your basic film credits. Theres rarely much intellectual alignment between great business ideas and the secular practice of spreading these principles, let along living them.

Thats where Drucker taught by example. He wasnt just productive, he was effective. He didnt do things or projects, he got results. And he realized them on a massive scale by communicating his ideas to people who applied them powerfully. He focused his time and energy on what he did best. Simple and sensible, and yet so difficult. My current hero in this regard is Jim Collins, who makes a conscious effort to apply this ideas to his life (thats a subject for another post.)

Finally, to reply to folks who gripe that Drucker should have been more influential. Bunk. The barriers to excellence here have nothing to do with the quality of his thinking or the way he delivered it. To paraphrase a guy I already cited, the fault, dear brute, is not in our stars, but in ourselves.

Comments Off

November 23, 2005

"Don't Trust, Just Verify"

Filed under: Current Events — Kate @ 1:10 pm
Tweet

With all the hype about Freakonomics this year, it’s no wonder that Steven D. Levitt, coauthor of the book, was asked for his “Golden Rule” in the December issue of Business 2.0. The Business 2.0 section is called “My Golden Rule”; it consists of success secrets of 30 leaders.

What’s Levitt’s Golden Rule?

Don’t Trust, Just Verify
So much of what we hear and what we’re taught turns out to be false on closer scrutiny. Whether it is expert advice, what you read in the paper, or what your mother told you, if it is important, take the time to figure out for yourself whether it is really true.

While I found each of the 30 rules to be worthwhile in their own right, these are two that stuck out:

Warren Buffett’s Golden Rule:

There Can’t Be Two Yous
When you get out of bed in the morning and think about what you want to do that day, ask yourself whether you’d like others to read about it on the front page of tomorrow’s newspaper. You’ll probably do things a little differently if you keep that in mind.

Blake Ross’s (co-creator of Firefox) Golden Rule:

The Next Big Thing Is Whatever Make the Last Big Thing Usable
We focus on the everyday problems that nag at everyday people. There are more than enough to go around without imagining new ones.

Comments Off

NYT 100 Notable Books

Filed under: Lists — Kate @ 1:00 pm
Tweet

The NYT recently posted a list of the 100 Notable Books of the Year.

Included in the list are a few notable business books. Here are the business books and the quips from the NYT.

  • Collapse: How Societies Choose to Fail or Succeed. By Jared Diamond. (Viking, $29.95.) In ”Guns, Germs, and Steel” (1997), Diamond speculated on how the world reached its present pecking order of nations; his latest book examines geographic and environmental reasons some societies have fallen apart.
  • Conspiracy of Fools: A True Story. By Kurt Eichenwald. (Broadway, $26.) A meticulous dissection of the rise and fall of Enron by a correspondent for The New York Times.
  • Freakonomics: A Rogue Economist Explores the Hidden Side of Everything. By Steven D. Levitt and Stephen J. Dubner. (Morrow, $25.95.) A maverick scholar and a journalist apply economic thinking to everything from sumo wrestlers who cheat to legalized abortion and the falling crime rate.

You can check out the rest of the list here.

Comments Off

November 22, 2005

Stooples — Part V

Filed under: Blog,Excerpts and Essays — 800-CEO-READ @ 3:05 pm
Tweet

A little something for anyone who has ever had the desire to sing-a-long to the on hold music.

StooplesKaraoke.jpg

Comments Off

FT Finalists Share Favorite Books

Filed under: Lists — Todd Sattersten @ 2:00 pm
Tweet

We shared with you yesterday the winner of the FT/Goldman Sachs Business Book of the Year Award.

Today, Financial Times has a follow-up piece asking all of the finalists what business books they like:

  • John Battelle (The Search) – Moneyball by Michael Lewis; “I read it early, and knew it was going to be a very big book – it had all the elements: strong characters, a great narrative driving the book, a wonderful topic – at least in the US – and the wonderful element of a counterintuitive hook that seemed, upon quick reflection, to be obvious”
  • Pietra Rivoli (Travels of a T-shirt in The Global Economy) – Women Workers and the Industrial Revolution by Ivy Pinchbeck; “It was written almost 75 years ago, but it is still the best work on the topic of industrialization. Unfortunately, such a book could never be written today. Though her research is astonishing in its depth, Pinchbeck uses none of the jargon that has accompanied the narrowing of the disciplines, she glides back and forth from economics to sociology, labour relations to gender studies, without ever mentioning any of these words.”
  • Constantinos C. Markides (Fast Second) – The Mind of a Strategist by Kenichi Ohmae; “a book that was originally published more than 25 years ago. The author shows that developing strategy is more an art than a science and that intuition is as important as analysis – both important points that we seem to have forgotten in the past 20 years!”
  • Steven Levitt (Freakonomics) – A Whack on The Side of The Head by Roger von Oech and Stephen Dubner (Freakonomics) – Choice and Consequence by Thomas Schelling; “From one of the most creative economists in history, a hugely readable and vastly educational look at how economic thinking can be applied to any aspect of life.”
  • James Stewart (DisneyWar) – All The King’s Men by Robert Penn Warren
  • Thomas Friedman (The World Is Flat) – A Whole New Mind by Dan Pink
Comments Off

Dancing on Bubble Wrap

Filed under: Misc. — Kate @ 1:37 pm
Tweet

Like Bubble Wrap?
Like business?
Like free stuff?

So do we. I bring it (or try to) to my Grandma each Christmas as an extra little stocking stuffer (really, I do).

We enjoy the above three items so much (Bubble Wrap, business and free stuff) that we created inBubbleWrap. It’s the place to go for free business stuff. Yes, stuff is general. While we are focusing on business books, there is some other business items in there — magazines, consulting, and the like.

If you haven’t checked it out yet, today is an excellent day to look at it. Today’s offer is Sally Hogshead’s Radical Careering. I love the book. It’s a small little book full of tips to make your career, life and job radical.

In my opinion, one of the best parts about inBubbleWrap is that each day there’s a new offer for you to enter. So if you don’t like the offer of the day, you can always come back the next day and check out a new prize. Honestly, there’s something for everyone.

Test your luck, here. Perhaps you’ll find a reason to dance on Bubble Wrap. We’d love to see you there.

Comments Off

Stooples — Part IV

Filed under: Blog,Excerpts and Essays — 800-CEO-READ @ 1:35 pm
Tweet

Stooples Memo

To: Heads of Sales & Marketing Departments
From: The Emperor of Erasers
Re: Keeping your jobs and our pricing strategy

All:

It has come to senior management’s attention that we’re spending tens of thousands of dollars a year trying to figure out how to price our items. People, I don’t care if that’s what they teach you at Harvard, Yale, or Wharton. At dear, old Pace University’s night business program, we learned business is all about moving product, and recent figures show me we’re not doing that. To that end, CFO de Krook and I want to roll out our new, more aggressive pricing plan. Let’s call it “Operation Undercut.”

Instead of pulling your chins and scratching your heads trying to work out toe the penny what our logistics and infrastructure costs are, here’s what I want you to do. When you quote a price to a retailer or wholesaler, casually ask what OfficeHacks is charging for the same item. If the price is lower than the one you quoted–say forty-seven cents per item, compared with your offer of fity [sic] each–cough twice, slap your forehead with your palm, and say, “Oh, did I say fity cents a unit? I meant forty-six cents, because you’re such a good customer.”

I know you all work on commission, based on the size of the sale you’ve made, so I understand your fears that shaving margins will also sharply reduce your commissions. That’s why this memo is circulated on the same day that we’ve just introduced our new “Overpriced Executive Line,” basically the same office-supply garbage we already sell, produced at the same places and for the same cost, just stuck in nicer gold-colored and silver-colored boxes with ribbons on them, designed to make executives feel important and willing to pay 40 percent more.

So be of good cheer and keep those expense accounts down. Go forth and sell, sell, sell!

Onward and upward,

Donny

Comments Off

Blogging About A Book About Blogging

Filed under: Publishing Industry — Todd Sattersten @ 11:33 am
Tweet

Debbie Weil is writing a book for Portfolio on corporate blogging. She met with her publisher (and our friend) Adrian Zackhiem to talk about the book. You can read about their conversation here.

For all you aspiring writers out there, Adrian recommended to Debbie Anne Lamott’s Bird by Bird: Some Instructions on Writing and Life.

Comments Off

The State of Business Books

Filed under: Uncategorized — Todd Sattersten @ 10:47 am
Tweet

In the last week, there have been two great pieces written on the state of business books.

The first comes from Simon London at the Financial Times. His article runs under the title Who moved my business book?. London asks throughout the article “What is a great business book?” and “How come I get so many bad ones?”. He laments about all of “The 71 Ways To Faster Growth” and “The 23 Basic Laws of Leadership” type books. He says there is only one or two books a decade that have any lasting impact (we would agree).

The second was written by our own Jack Covert. The piece is titled No More Business As Usual ran in Publishers Weekly. Though it came out before London’s piece, it is a bit of an answer to it. In the essay, Jack makes the case that the business book category is not as bad off as everyone makes it out to be. He says the business book is changing:

  • The World Is Flat and Freakonomics are business books.
  • These books are written well
  • New mediums are being used to sell books; launch the idea and then sell the book
  • And design is starting to matter more.
Comments Off

Stooples — Part III

Filed under: Blog,Excerpts and Essays — 800-CEO-READ @ 9:44 am
Tweet

WhoCutTheCheese.jpg

Comments Off
« Newer Posts — Older Posts »




  • Categories
    • 100 Best (89)
    • Advertising (18)
    • Ask 8cr! (23)
    • Audio (115)
    • Bestsellers (4)
    • Big Ideas (145)
    • Blog (543)
    • Book Awards (71)
    • Book Reviews (196)
    • Careers (41)
    • ChangeThis (56)
    • Communication (80)
    • Current Events (83)
    • Customer Service (37)
    • Design (35)
    • Entrepreneurship (4)
    • Events (21)
    • Excerpts and Essays (335)
    • Fables (1)
    • Finance and Economics (82)
    • Friday Links (84)
    • General Business (187)
    • General Management (244)
    • Global Business (74)
    • Guest Post (7)
    • History and Biographies (96)
    • Human Resources/Organizational Development (98)
    • In the Books (4)
    • InBubbleWrap (23)
    • Information Technology (69)
    • Innovation (109)
    • International Bestsellers (28)
    • Internet (21)
    • Interviews (13)
    • Jack Covert Selects (588)
    • Jack's Thoughts (38)
    • Leadership (153)
    • Lists (164)
    • Marketing (290)
    • Misc. (286)
    • New Releases (28)
    • Newsletter (2)
    • Personal Development (181)
    • Personal Finance and Investing (41)
    • Presentations (1)
    • Public Relations (7)
    • Publishing Industry (176)
    • Quotations (104)
    • Retail (18)
    • Safety, Health, and Wellness (14)
    • Sales (64)
    • Small Business (49)
    • Social Responsibilty (39)
    • Start-ups (76)
    • Strategy (88)
    • Technology (7)
    • The 100 Best (13)
    • The Company (140)
    • Thought Leaders (18)
    • Training and Development (12)
    • Uncategorized (568)
  • Meta
    • Log in
    • Entries RSS
    • Comments RSS
    • WordPress.org



 
800 CEO Read - Daily Blog - 100 Best Business Books -
© 800-CEO-READ (800)-236-7323