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November 23, 2007

New York Times' 100 Most Notable Books of 2007

Filed under: Big Ideas — Todd Sattersten @ 2:22 pm
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Here is another list that is good for book lovers but not very helpful for the business reader.

The only crossover is How Doctors Think by Jerome Groopman, an interesting view of decision-making in medicine.

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November 22, 2007

links for 2007-11-22

Filed under: Uncategorized — 800-CEO-READ @ 7:19 am
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  • King of the Club>>The Wall Street Journal | Big Board, Big Trouble
    The more sophisticated tale is what Charles Gasparino tells in his excellent “King of the Club.” The former Wall Street Journal reporter describes, in page-turning detail, a Wall Street world of ruthless financial titans joined by a hard-charging Italian
    (tags: biography businessbooks current_affairs finance)
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November 21, 2007

Happy Thanksgiving

Filed under: The Company — Todd Sattersten @ 9:26 pm
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Whether you are officially celebrating or not, tomorrow is a great day to take a moment and give thanks.

We continue to have a lot to be thankful for here at 800-CEO-READ.

You can see here what I am most thankful for this year.

Happy Thanksgiving to everyone.

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Punching In

Filed under: General Business — Aaron @ 3:31 pm
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After reading Alex Frankel’s new book, Punching In, I was excited to talk to him more about his experiences working for UPS, Enterprise, The Apple Store, Starbucks, and also to hear about the jobs he ‘didn’t’ get. All in all, his experience sheds light on the current American retail system and how it effects both customers and employees. Take a listen.

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Punching In interview with Alex Frankel

Filed under: Audio — 800-CEO-READ @ 1:24 pm
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punchingin.jpg

Alex Frankel spent the better part of two years applying at and working as a front-line employee for a variety of companies, including UPS, The Gap, Enterprise, The Apple Store, Starbucks, and others. The book, titled Punching In, shares his stories and insight into the heart of the American marketplace – it’s companies, people, and brands, and how these things effect both customers and employees alike, sometimes turning them into fanatical endorsers and workers. In the interview, Alex goes into further detail about which companies truly know how to turn their employees into loyal team members and how they do it.
About Alex Frankel:
“Alex Frankel is a writer based in San Francisco. He has written about business culture and adventure for Wired, Fast Company, The New York Times Magazine, and Outside, and he is the author of Wordcraft: The Art of Turning Little Words into Big Business.”

[podcast]http://www.800ceoread.com/blog/audio/punchingininterview.mp3[/podcast]

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November 20, 2007

Doing Business in Mexico

Filed under: International Bestsellers — delicious @ 3:17 pm
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Earlier this month, I noticed a trend in 800-CEO-READ and global business. Just this week, a major U.S. corporation is sending out to their Mexico based offices a book called Redefining Global Strategy.


More and more American businesses are going global and vice versa. To me, it’s interesting to learn what businesses are reading about us and taking back to their companies, employees and even their clients about not only what we think about doing business internationally, but how they can do business with us. In a world that is constantly getting intimate and we find other countries companies and cultures very different from what we are used to. So, it is kind of reassuring that one thing hasn’t changed: getting knowledge. Learning from others through conversations and the media. On a personal note I’m kind of glad that there are both books about how we can all do business together and people that actively search out for this knowledge.

Some of the top business books 800CEOREAD sent out overseas in October:
Riding the Blue Train – Australia
Hostage at the Table – Switzerland
Kiss Theory Good Bye – Canada
The Point of the Deal – United Kingdom
Influencer: Mastering the Power to Change Anything – Germany

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New Excerpt – from Beat the System

Filed under: Book Reviews,Small Business — 800-CEO-READ @ 8:30 am
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There’s a new excerpt up on the Excerpts blog. It’s taken from Chapter 2 of Beat the System: 11 Secrets to Building an Entrepreneurial Culture in a Bureaucratic World by Robert W. Macdonald.
In this follow-up to his first book, Cheat to Win, Robert MacDonald shows professionals, business leaders, and entrepreneurs how to overcome the bureaucracy that smothers the innovative, entrepreneurial spirit essential to long-term business success.
Beat the System provides real-world advice for building an entrepreneurial culture in your entire organization, your department, or in your individual position.

A true entrepreneur is not determined by the measure of his or her results, but by how those results were attained. Being an entrepreneur is more about attitude than aptitude. There have been some very talented business managers who failed because they failed the test of entrepreneurialism. (We call them bureaucrats.) Likewise, there have been some people with very little apparent talent who achieve remarkable success as entrepreneurs. (These types are usually abysmal failures in a bureaucratic world.)
Entrepreneurialism is a way of living life, not a way of managing life. The real entrepreneur has a certain spirit, an elan and an approach to issues that is just different. And that is the key. In a system that demands sameness, the entrepreneur is willing to be different. Only by being different can things be made better. That is the philosophy at the heart of being an entrepreneur.

Continue reading the excerpt here: http://800ceoread.com/excerpts/archives/007487.html

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Excerpt from Beat the System

Filed under: Misc. — 800-CEO-READ @ 7:55 am
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The following is an excerpt from Chapter 2 of Beat the System: 11 Secrets to Building an Entrepreneurial Culture in a Bureaucratic World by Robert W. MacDonald.
The 11 Simple Secrets
Being an entrepreneur is simply living a business life as it should be led.
Mention the word entrepreneur and most folks conjure up an image of a wild dreamer who goes into business by the seat of his pants and risks all to make some elusive pipe dream come true. Nothing could be further from the truth.
The word entrepreneur was gifted to us by the French (along with wine, mayonnaise, and arrogance). It comes from the French word entreprendre, which simply means to undertake or to set out on a new mission or venture. As you can see, nothing in that description harkens any visions of high-stakes gambling or wild-eyed schemes to turn a buck.
Sure, there are those over-the-top entrepreneurs who perpetuate that swashbuckling image. Guys like Sir Richard Branson exude the sort of swaggering, risk-taking conduct that the term entrepreneur usually evokes. Branson, of course, is the founder of Virgin Records and an eclectic stable of pubescent virgins: Virgin Atlantic Airways, Virgin Mobil,Virgin Blue,Virgin Cola,Virgin Express,Virgin America, and so on.
One minute Branson’s risking millions of dollars founding a new company, and the next he’s risking life and limb setting a world powerboat record or attempting a transglobal hot-air balloon flight. I can almost see Brad Pitt reprising the Branson role now.
Will the Real Entrepreneur Please Stand?
The image of the entrepreneur as a daring adventurer who recklessly gambles with his life and fortune is grossly inaccurate. Historically, we think of such luminaries as Henry Ford,Thomas Edison, and J. Pierpont Morgan as the epitome of the entrepreneur. More contemporary figures include Steve Jobs, the Apple entrepreneur; Bill Gates, the tycoon of computer operating systems; or Fred Smith, the founder of FedEx. These are the kind of entrepreneurs that management consultant and author Peter Drucker had in mind when he said “an entrepreneur always searches for change, responds to it, and exploits it as an opportunity” (Innovation and Entrepreneurship, New York, NY: Harper Collins, 1993).
These business entrepreneurs and others like them had strong beliefs about a market opportunity and were willing to accept what others viewed as a high level of personal, professional, or financial risk to pursue that opportunity. They all understood that the real risk for a true entrepreneur is in not taking the risk of success because the true risk is in not risking. It would be a mistake to limit our concept of the entrepreneur to these business giants. The true entrepreneur is not defined by the size of the empire, but by the style of the emperor. By that I mean that you can be an entrepreneur by running a mail room just as much as by starting a FedEx. An individual managing a computer department can be just as entrepreneurial as Bill Gates. The guy who owns a gas station can be just as much of an entrepreneur as the guy who started Ford Motors.
A true entrepreneur is not determined by the measure of his or her results, but by how those results were attained. Being an entrepreneur is more about attitude than aptitude. There have been some very talented business managers who failed because they failed the test of entrepreneurialism. (We call them bureaucrats.) Likewise, there have been some people with very little apparent talent who achieve remarkable success as entrepreneurs. (These types are usually abysmal failures in a bureaucratic world.)
Entrepreneurialism is a way of living life, not a way of managing life. The real entrepreneur has a certain spirit, an elan and an approach to issues that is just different. And that is the key. In a system that demands sameness, the entrepreneur is willing to be different. Only by being different can things be made better. That is the philosophy at the heart of being an entrepreneur.
Taking this approach, a more useful definition of an entrepreneur might be this: “An entrepreneur is an individual with the experience to recognize an opportunity, the inherent instinct to visualize its fulfillment, and the courage to reach for it. An entrepreneur is, by nature, a leader who has the talent to clearly, simply, consistently, and relentlessly communicate his vision to employees and to others; one who can motivate others to be successful because they believe it is in their own best interest to do so. And it is.” Although I used the masculine tense in this definition, an entrepreneur can be male or female, young or old.
Using this definition, then, “an entrepreneurial culture consists of a group of individuals who have suppressed individual interests in an effort to achieve group success because group success will advance their individual interests.”
These are pretty solid definitions but the devil is in the details — the actual practice of instituting an entrepreneurial culture in your job, your department, or your business. The good news is that entrepreneurs are made not born. The better news is that anyone with the right desire and commitment can achieve success as an entrepreneur. The secret to being a good entrepreneur lies in the simplicity of the concept. In reality, it is easier to be a successful entrepreneur than a bureaucrat. The entrepreneur acts with instinct and good common sense, while a bureaucrat has to know and follow the strict rules of the system.
The key to becoming an entrepreneur lies in the implementation of basic concepts and, as the title of this book suggests, there are only 11 simple secrets to learn to make it happen. But there is no need for you to carry out this task with the precision of a military field manual. The secrets are simple to learn, but don’t let their simplicity fool you:

  • Secret 1: Build parallel interests.
  • Secret 2: Be an architect of the future.
  • Secret 3: Be decisive, multifaceted, and ethical to a fault.
  • Secret 4: Know the risk — measure the reward.
  • Secret 5: Communication — be a shower not a teller.
  • Secret 6: Power to the people.
  • Secret 7: Become a trust builder.
  • Secret 8: Sharing wealth increases wealth.
  • Secret 9: Be constant, consistent, and concise.
  • Secret 10: Treat important people like important people.
  • Secret 11: Do simple things — simply do them.

Learning These Secrets
The important thing to remember in putting these 11 practical secrets to work in your life and in your business is to remember that together, they present a cohesive philosophy for being an entrepreneur. When I say philosophy, I mean that these secrets are a way to think and behave, and as such, it’s extremely difficult to distill them into a series of steps the would-be entrepreneur can invoke like a some-assembly-required Christmas toy.
The reality is that these secrets do not stand alone. They are interdependent. It’s not like you can accept five of the secrets and ignore the others. This really is an all-or-nothing proposition — a little like constructing a building. Each of the beams used in a building are strong and, in and of themselves, important. However, no single beam or even several are enough to support the building. They all need to be used and put in their right place. When in place, they support each of the other beams. Using the secrets to build an entrepreneurial culture is much the same.
Copyright (c) 2008 Robert W. MacDonald. All rights reserved.

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November 19, 2007

Ask 8cr! – Fire Them Up!

Filed under: Ask 8cr! — Aaron @ 4:31 pm
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Ask 8cr! is a section of our blog used as a forum to address the kinds of issues and challenges people are having in the workplace. We take these issues and apply a business book we feel offers a viable solution. Others then chime in via the comments section. The person with the selected challenge gets a free copy of the book, but everyone who reads these posts, wins. What’s your challenge at work? Send it to me at jon(a)800ceoread(dot)com.
Today’s challenge deals with managing coworkers when you’re not their manager. Here’s what one of our readers is dealing with:
“One of the problems I will be facing in the near future is with the different personalities on my team. I will soon be responsible for ensuring our product meets schedules and customer requirements on my team of 8 engineers. There are several different personalities that worry me including some who goof off most of the day and get little work done. I’m unsure of how to ensure they get their work done while still maintaining a jovial atmosphere.” – Matt
As a team, everyone’s got to chip in, do their part, and give their best. Oftentimes, management only sees the result of the project, but the team undergoes a process like Matt describes: slacking, goofing off, just enough to be annoying but still getting things done on deadline. To the slackers, this is life. To the ‘Matts’ of the world, this can be extremely frustrating as there’s always the concern that the deadline will be missed, and the hammer will come down. Not fun. So, what does one do when they’re not in a supervisor position and has to live through this situation project after project?

Carmine Gallo offers guidance in his book Fire Them Up! Even though 8cr’s Kate Mytty featured this book in a separate post recently, I feel it’s the perfect book for Matt’s situation as well. For instance, the first sentence of the introduction is a great indicator that this book is exactly what Matt needs: “You have the power to inspire anyone, anywhere, anytime. You may not have a leadership title, but you exert influence over someone every day.” The book continues on with discussions on getting yourself inspired (I think Matt’s likely already “inspired”), and then how to get others on board through conversation, telling stories, inviting participation, getting others to care, creating optimism; and how to live by the principles outlined in the book. In communicating these principles, Gallo reveals a set of “simple secrets” that are concise, insightful points to put into place that will strengthen your vision and your team, whatever the project is. Gallo states, “Inspiring people is not that complicated. It’s rather simple, really. But it does require that you examine how you communicate to the people you intend to motivate.”
If Matt went in to work on Monday morning and told his coworkers, “Ok everyone, here’s what we’re going to do,” he’d be met with resistance. However, by developing a story around each project, and getting each team member to participate and buy into it, everyone is then on the same page, with a clearer understanding of what needs to be done, and potentially more concerned with when and how it needs to be done. Fire Them Up! shows Matt, and each of us, how to accomplish this successfully.

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The future of the book: How does Amazon's Kindle affect it?

Filed under: Current Events — Kate @ 3:37 pm
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The future of the book conversation continues…
I imagine most of you have heard about Amazon’s new e-reader, Kindle. Steven Levy wrote it up in the latest Newsweek. Of course, it spurred conversations here. Some of us admittedly curious about the newfangled gadget that can hold 200 books; others, swearing off e-books altogether.
At $399, it’s the first e-reader with internet access (and free wireless, at that). Add books in a minute’s notice. Download your Word documents and pictures; take it on the go. Blogs, newspapers, books and wikipedia, all available at your fingertips. It sounds just about perfect.
As with everything, there’s the other side. Seth points out, “The beauty of real books is that they don’t require a reader, which means that millions of people are eligible members of the market. Even if you only have .0001% market share, you can still get your book read.”
I can’t help but wonder when (if not already) the e-reader gains a following like the iPod. It will certainly happen; it’s just a matter of time. Is Amazon’s Kindle the answer to digital books?
Maybe the question is, will you buy one?

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