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August 22, 2008

BusinessWeek review of Hell's Cartel

Filed under: Book Reviews,History and Biographies — 800-CEO-READ @ 8:34 am
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Last week BusinessWeek reviewed Hell’s Cartel: IG Farben and the Making of Hitler’s War Machine by Diarmuid Jeffreys. Hell’s Cartel is about IG Farben’s decision to utilize death camp labor during WWII to speed up efforts to develop synthesized plastics. The German chemical group was famous for discovering ammonia and (at Bayer, a subsidiary) sulfa, the first antibiotic.
Jeffreys, author of Aspirin: The Remarkable Story of a Wonder Drug, details the journey this once highly esteemed company took once it made a deal with the devil. Part corporate biography, part history, and part moral tale, Hell’s Cartel is, as the reviewer puts it, “not a pretty history. But it is gripping, full of warnings about the potential of corporations to mutate into criminal enterprises.”
Here’s a snippet from the review:
“IG Farben and Hitler: A Fateful Chemistry
How a company whose Nobel-winning scientists discovered vital medicines became a Nazi collaborator”

IG Farben traced its origins to the efforts of men such as Carl Bosch of BASF Group, who led the effort to mass-produce synthetic ammonia. The work was crucial to solving a worldwide shortage of fertilizer and preventing mass starvation. He and other scientist-managers made Germany the dominant producer of drugs and chemicals in the years before World War I. Bosch was a man of conscience but also deeply patriotic. During World War I he became a national hero after leading a crash effort to develop synthetic nitric acid, essential to producing explosives. Most notoriously, BASF chemist Fritz Haber, who had developed the processes used to make ammonia, came up with the idea of using chlorine gas as a weapon.

Read the entire article here: businessweek.com/magazine/content/08_34/b4097098922518.htm?chan=magazine+channel_opinion
If you like books in this vein, also check out The Demon Under the Microscope: From Battlefield Hospitals to Nazi Labs, One Doctor’s Heroic Search for the World’s First Miracle Drug by Thomas Hager.

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August 8, 2008

Big Boys of Business Have Books This Fall

Filed under: History and Biographies — Todd Sattersten @ 4:23 pm
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Hardy Green at BusinessWeek has a quick piece on their website about big names with business books in the fall.

  • Call Me Ted by Ted Turner was the splash at BEA in June, which included a party hosted by Larry King.
  • Richard Branson follows Losing My Virginity and Screw It, Let’s Do It with Business Stripped Bare.
  • There is a new Warren Buffet book called The Snowball written by Alice Schroeder, who got a $7 million advance for the book.
  • T. Boone Pickens’ The First Billion Is The Hardest arrives as he promotes his plan for how the U.S. can become energy independent, an idea reflected in the subtitle: Reflections on a Life of Comebacks and America’s Energy Future.
  • Historian Steven Watts delivers a Hugh Hefner biography, titled Mr. Playboy.
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May 28, 2008

Book reviews in The Economist

Filed under: Book Reviews,Current Events,History and Biographies — 800-CEO-READ @ 10:08 am
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The Economist regularly reviews history, business, and nonfiction books in its “Books and arts” section. This week, two reviews caught my eye. Here are brief excerpts from the reviews.
Tall tales
The Pixar Touch: The Making of a Company

A number of interesting things about Disney emerge in this excellent, readable account of Pixar’s early years. David Price claims, for instance, that Disney’s chief executive, Michael Eisner, considered shutting down the company’s animation unit after he took over as chief executive in 1984, an astonishing fact given the subsequent success of cartoon films such as “The Lion King”. Mr Price also makes clear just how much Pixar owes to Disney: it was the larger company’s marketing for “Toy Story”, for instance, that gave Mr Jobs the confidence to launch an initial public offering of shares in Pixar in 2005.
Go to the review.

and
Marketing maestros
Alpha Dogs: The Americans Who Turned Political Spin into a Global Business

James Harding, who is now the editor of the London Times but used to report on American politics for the Financial Times, has written a punchy book about spin. Its title, “Alpha Dogs”, refers to an American company, the Sawyer Miller Group, which for a while shaped and polished political campaigns all around the world.
Go to the review.

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May 19, 2008

Robert Mondavi passes away – The House of Mondavi

Filed under: History and Biographies — 800-CEO-READ @ 1:35 pm
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As many of you know, legendary winemaker and benefactor Robert Mondavi died last Friday. The Mondavis have been called the “Kennedys” of American wine. They transformed Napa Valley from a small, family-owned network of wine producers into the huge hub it is today, helping to establish America as one of the world’s great wine producers. Mondavi and his wife have spent the past several years donating to and building up various wine schools and performing arts instututes.
It feels a bit timely, then, that Julia Flynn Siler’s biography of this family and its business, The House of Mondavi: The Rise and Fall of an American Wine Dynasty, has just been released in paperback. This book is considered both a family saga and a dramatic tale of America’s foothold in a competitive global industry.

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April 16, 2008

A book that predicts the future of Delphi?

Filed under: History and Biographies — Kate @ 11:11 am
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There’s a lot of controversy surrounding yesterday’s release of Steve Miller’s book, The Turnaround Kid: What I Learned Rescuing America’s Most Troubled Companies. Miller is the former CEO of Delphi Corp., the auto-parts supplier; he was called in to help bail out the company. Miller was also the man Lee Iaccoca called to help with Chrysler’s downturn. And Miller worked for Bethlehem Steel while they went bankrupt.
Miller began writing back in 2005 long before Delphi’s fate had been determined. From the WSJ: “The book was intended to outline the wisdom he has gained over the years as a turnaround artist, and to tell the inside story of how he rushed into Delphi, used Chapter 11 to force tough medicine on its unions and whipped the giant auto supplier into shape.”
The somewhat ironic and, imaginably, awkward situation is The Turnaround Kid was written from the perspective that Miller had already turned Delphi around. As it turns out, that prediction (and the book release) is a bit premature as presently Delphi is still fighting it’s way through bankruptcy court.
Nonetheless, yesterday the 40,000 printed copies went out into the world for the public to buy.

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March 5, 2008

Robber Baron

Filed under: History and Biographies — delicious @ 2:45 pm
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The new biography, Robber Baron, is about the streetcar magnet, Charles Tyson Yerkes, who was instrumental in Chicago’s Loop Elevated and the London Underground. Check out the life of one of the most interesting entrepreneur’s of the nineteenth century in this new book. It was put out earlier this year and promises to by quite a read! Personally, I always think by going forward in life and business, we do need to look back on occasion to get perspective and insight from those who have led the way before us. The life of Mr. Yerkes is a great one and well worth some attention paid to him.

Here’s what was said about the book by John Franch so far:

“A superb biography: The research is thorough, the prose is clear, the narrative is compelling and the judgments are fair.”
- Wall Street Journal

“Robber Brown is a welcome addition to the surprisingly small shelf of full-length biographies of Chicago’s storied entrepreneurs and can be read for profit by anyone intrigues by one of the most notorious of the men to have built the material foundations on which the city’s prosperity has come to rest.”
- Chicago Tribune

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January 24, 2008

Charles Handy on Gurus

Filed under: History and Biographies — delicious @ 10:55 am
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So far this is my favorite book for the year. OK, I know it’s only January, but that means a lot of books will have to live up to this one. It’s an insightful look into the life of one of the best managerial writers and observers in the business book world.

Book Excerpt from: Myself and Other More Important Matters by Charles Handy:

Tom Peters was the first management teacher to turn public performer in a serious way. Fortune called him the ‘Ur-guru’ or original guru. The Economist described him as the ‘Ober-guru’. Peter Drucker had written more and for longer (he died aged ninety-five in 2005, writing to the end) and was probably the wisest of all, but he preferred to describe himself as a writer and was, in truth, a poor performer on a platform. Who first coined the word ‘guru’ to describe Peters and his like is unclear, and the word is not in any case particularly appropriate. Peter Drucker once quipped that journalists only came up with the word because ‘charlatan’ was too long for a headline. These management gurus do not cultivate groups of acolytes nor do they hold forth in any sort of management ashrams, but they do lay claim to certain truths about organizations and how they should be manged, and they are certainly not shy about their beliefs and ideas. There are now guru tables that rank the top fifty or so performers according to their popularity among managers, and there is a recognized core of people on the ‘guru circuit’ rather like professional tennis players. Some of these gurus reckon to do at least one hundred performances a year, usually at opera-star fees with the same sort of billing.

It is unclear how one comes to be a guru. You cannot apply to join the club, for there is in fact no formal club. Nor can you nominate yourself as a guru. It is a title that is given to you by the media or the speaker agencies that manage these folk. Most of them are American, because the circuit of conferences mostly exists in America, although it is now expanding alongside the spread of the global marketplace…

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October 5, 2007

New Excerpt – Guinness: The 250 Year Quest for the Perfect Pint

Filed under: History and Biographies — 800-CEO-READ @ 9:00 am
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There’s a new excerpt up on the Excerpts Blog. It’s from the book Guinness: The 250 Year Quest for the Perfect Pint. The first thought I had when I saw the book was, “Wow, I think my dad would like this book.” How ironic, given the excerpt below:

Waldron observed that in Ireland, Guinness has been so ingrained in the culture for so many years, that it presents an interesting marketing challenge. This challenge is to market a beer to younger people who may perceive it as being their “father’s beer.”

We have seen a lot of good industry books over the past year or so. Here are a few we’ve enjoyed:
Flower Confidential
The Sushi Economy
The Cigarette Century
Travels Of A T-shirt In The Global Economy
But also be sure to check out the excerpt: http://800ceoread.com/excerpts/

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September 26, 2007

Greenspan Starts Strong

Filed under: General Business,History and Biographies,Publishing Industry — Todd Sattersten @ 12:40 pm
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Publisher’s Lunch reports today that Alan Greenspan’s The Age of Turbulence had sales of 128,000 copies in its opening week, according to Neilsen’s Bookscan.

That is a great start for the book, but people will be watching closely to see if the book can keeping that momentum into the next three or four weeks.

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September 17, 2007

Greenspan In Today's Papers

Filed under: General Business,History and Biographies — Todd Sattersten @ 9:12 pm
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