Business Economics: An Applied Perspective Review

Business Economics: An Applied Perspective
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Farquarson and Cook have made this published work a jewel to read, it contains all the essentials needed to understand both the principles and application of economics, from both a micro- and a macro- view. Ideally recommended for all Business Programs - of study from the beginner to the highly advanced it contains a pleasure for all and is an easily read book

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Logically explains and develops the link between business economics and strategy. This exciting major new book is the first text to bridge the gap between the mainly American 'traditional' theoretical texts and the more applied texts on business economics. It logically explains and develops the link between business economics and strategy. It uses real business problems to enable students to grasp the practical applications of theory. The final part of the book shows how the themes of business economics are linked to the issues facing real companies. A range of features in each chapter includes: objectives, introduction, mini-cases, cases, self-test or review questions, summary, references to further reading and a glossary of new terms.

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On Time Within Budget: Software Project Management Practices and Techniques, 3rd Edition Review

On Time Within Budget: Software Project Management Practices and Techniques, 3rd Edition
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I had been using the second edition of On Time Within Budget but this third edition is a major improvement. Especially the epilog that gave me a great summary of how to implement the theories in the book. The book is excellent as a reference source and includes almost all the information I need to run a software project. I found the summaries at the end of each chapter to be a great help. The section on estimates is one of the most useful I have read anywhere. Only criticism is that it should be hardcover.

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A developer's survival guide packed with real-life casestudies, tips, techniques, and best practices for completing software projects on time and within budgetWhether you work at a large or small company, this book will provide you with expert, down-in-the-trenches tips, techniques, and strategies to deliver a software project in a cost-effective and timely way. Real-life case studies let you learn from the mistakes as well as the successes of others. Author E. M. Bennatan zeroes in on proven methods for avoiding bottlenecks and overruns at every step in the software development cycle--from cost estimating to product delivery.The Third Edition of this bestselling guide routes you directly to what you need to know about:* Managing both small and large projects in a distributed environment* Common development problems and how to avoid them* Preparing estimates and proposals and bidding for contracts* Managing teams for maximum quality and productivity* Proven scheduling and project development planning techniquesNew to this edition:* How best to ensure an effective relationship with customers* Risk management and disaster prevention* The pros and cons of acquiring custom software from outside suppliers* Managing multinational projects* How to save time by reusing software components

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Reliable Fundraising in Unreliable Times: What Good Causes Need to Know to Survive and Thrive (Kim Klein's Fundraising Series) Review

Reliable Fundraising in Unreliable Times: What Good Causes Need to Know to Survive and Thrive (Kim Klein's Fundraising Series)
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This book, amazingly enough, bridges what fundraiser newcomers need to learn and what veterans need not to forget. No mean trick!
Kim Klein brings a clarity - and a calm voice in tough times - to creating a solid fundraising program to sustain an organization over the long haul. The book works for those facing an immediate crisis (with particular insights on managing that) and for those who want to get sharper as they look to equally or more challenging times ahead. Klein has been in the trenches, and it shows with solid frameworks and examples of how planning, implementing, and evaluating your fundraising from donors really works. I was re-inspired and reminded of the key factors in building a great donor program. And I was so glad that she included advice on how we can get past our own barriers to asking for money.
Different than "how to" fundraising manuals, Klein brings some unique gifts in this book, from her social justice framework and analysis of the economy to her practices of respect for and communication with donors. Her insights about improving boards, working with volunteers, and managing and learning through generational change are on point. Importantly, she urges us to respect our work as fundraisers and be mindful of our own sustainability, a factor in building a fundraising program that too often gets dropped.
I anticipate continuing to use this book as a key reference tool and one I can recommend to others with varying fundraising backgrounds. Anyone trying to build and organization can learn, and most importantly, implement from this book.

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Praise for Reliable Fundraising in Unreliable Times
"Kim Klein has been a guru to social justice fundraisers for many years. She shows us by her efforts, and not just by her words, that it is possible to raise the money you need, no matter how marginal you feel or are considered in the larger society."—Rinku Sen, executive director, Applied Research Center, New York, New York; author, Stir It Up and The Accidental American
"With wisdom gleaned from over 30 years of experience, Kim Klein delivers her can-do message with wit, grace, and unabashed optimism—even in times like these. She taught us at JVP that there is still plenty of money out there; it's just unevenly distributed. Her consistent message: people give because we ask. Poking fun at money taboos, assuring us that fundraising is not that hard, Kim reminds us that the system is held in place by money: if we don't learn about it, we can't change it!"—Penny Rosenwasser, National Board, Jewish Voice for Peace, Oakland, California
"This book is an extraordinary combination of philosophy and how to, all aimed at helping nonprofits build a movement for social justice. Kim distills three decades of fundraising and organizing experience into a book that will be helpful for novice and veteran alike."—Lance Evoy, director, Institute for Community Development, Concordia University, Montreal, Quebec

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Finding Our Way: Leadership for an Uncertain Time Review

Finding Our Way: Leadership for an Uncertain Time
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I am a little concerned by some of the negative commentary on this book being too "touchy feely." That is generally a sign that it has touched a nerve among "macho shit" types who think that elegance of thought and open affection for humanity is for gays and children. "Humanness" is for all of us, and if cannot cry, you cannot be human. Feelings must, as E. O. Wilson and others have documented so well, be fully factored into the whole of the human experience.
This is the poetic humanist counterpart book, a series of essays from the past from before the author was recognized as one of the most brilliant leadership gurus in the English-language. I certainly do recommend that her "serious" book, "Leadership and the New Science," be read first, and then this one.
The author has done a superb job of taking older essays and organizing them, putting them in context, to tell a new story. This book of essays is a new book for having been re-created in the aftermath of the success of "Leadership and the New Science," and I am choosing to give this book out to the audience of a gala leadership dinner in Washington, D.C., rather than the first book.
The author stresses that the old story of organization is the "machine" model, where people control and domination are the management paradigm, and resistance to change is seen as obstinance rather than coherent humanist understanding of the badness of the imposed conditions. The new story, by contrast, sees that everything is connected--as the author brilliantly puts it in her preface, "Independence is a political concept, not a biological concept."
She focuses on two fundamentals: the need for all mankind to be free to experiment, and in experimenting, create unlimited diversity; and the need to enhance and expand relationships with others as part of that diversity and sustainable mutually beneficial wealth creation.
Translating that into meaning for organizational leaders, she stresses self-organization, listening, embracing all inputs, and striving to create self-identity, information-sharing, and relationships that in turn generate discovery, sharing, and fulfillment.
This is not touchy-feely, this is common sense restored to the conversation of mankind.
The other important theme in this book is the paradox of community, which sets the stage for her rather bleak conclusions about America facing an abyss. She spends a lot of time examining how the web and nations are separating clusters of individuals, isolating groups, rather than nurturing a broadening of the communal ethos, what Paul Goodman understood so well in the 1980's as the need for "communitas" from neighborhood to globe.
The author is one hundred per cent on the money when she says, in a notional conversation with America's teen-agers, "We haven't taught you well about honor, sustainability, community, or compassion. We failed to show you how to be wise stewards of the earth, how to care for one another, how to resolve conflicts peacefully, how to enjoy others creativity as well as your own. Yet miraculously, you are learning these things."
She concludes by lamenting America's litigous society, where everyone knows their rights, but few know how to be in a community (or fulfil their civic duties to include loyalty to the Nation and engagement in the democratic process).
She tries to end the book on an uplifting note, speaking of the urgency of creating a web of hope, and of honoring those "few people who are not afraid to be insecure." She attributes most fear to the inherent tendency of organizations and nations to fight natural resistance to change with artificial fears of the unknown. Instead of fearing the unknown, she suggests, we should embrace the new and find new paths, new hopes, new solutions by using our collective intelligence and our new-found global community.
This is one of six books that I regard as a life-affirming, "must-read" collection for any person who aspires to contributing to a sustainable future for America, for any other nation, for any tribe, for any community, for any neighborhood. If we fail to listen to Margaret Wheatley and embrace her human values--as E. O. Wilson does in "Consilience" where he explains in detail why science must have the humanities--then we are destined to lose to the bacteria that are winning the inter-species war. We are our own worst enemy. This author, and her two books, are a very powerful intellectual, moral, and spritual antidote to all that ails us.
Five other books I recommend:
Robert Buckman, "Building a Knowledge-Driven Organization"
Clayton Christensen & Michael Raynor, "The Innovator's Solution"
Steve Denning's "The Springboard: How Storytelling Ignites Action in Knowledge-Era Organizations"
Don Maruska, How Great Decisions Get Made"
Margaret Wheatley, "Leadership and the New Science"


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A Time for Tea Review

A Time for Tea
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I read this book when it first came out, and I really loved it. I still refer to the facts I learned within; just last week I was explaining Lapsang Souchong to an Irishman. I was left feeling that I knew Mr. Goodwin, and contemplated finding him and making him my husband, primarily so we could travel together.

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Introducing Human Resource Management (Modular Texts in Business & Economics) Review

Introducing Human Resource Management (Modular Texts in Business and Economics)
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I bought this book and I recommened it to anyone who is new to Human Resource Management. The book is great and very informative. Supplement the book with other readings though since management is a dynamic area and is prone to opinions and debates.

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This is an accessible and lively introduction to the frameworks of people management strategies, and the basic operational areas and practices of HRM. The fifth edition continues to explore ideas and themes in an engaging style with reference to real-life examples, and student-friendly features and activities. This edition includes new coverage of well-being, equality and diversity, and offers a greater international perspective throughout. It is aimed at students taking an HRM option on a Business Degree, or those studying for an HND, Foundation Degree or CIPD qualification.

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Time Well Spent: Getting Things Done Through Effective Time Management Review

Time Well Spent: Getting Things Done Through Effective Time Management
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Reading about time management may not appear to be the best way to invest your time........... not so with this book!
This is a no nonsense journey through time mamagement with a very real appreciation of the challenges for all of us managing our time. Te book offers a number of useful approaches and tools to allow us to optimise our time for greatest effect.
The best bits for me were the easy to use tools that developed my insight into how I manage my time and the choices I have at that point. I really enjoyed the insight into how time is used (both effectively and ineffectively) within organisations and what I as an individual can and can't control.
Well done to the authors for an interesting and useful read - invest your time into reading this. I would recommend Time Well Spent as a read for both the experienced and the not so experienced.

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It is possible to have an overwhelmingly busy life and job and still be productive. Organization and modification of major work habits can turn people into high-performing professionals with control over their work and life.Time Well Spent teaches readers how to be efficient and accomplish more with less effort. It includes chapters on getting to know oneself better, avoiding procrastination, using and analyzing one's time, organizing one's workload and workplace, handling interruptions, making best use of information and technology, and delegating and conducting meetings effectively.The authors' insights, practical everyday lessons and fascinating case studies will help readers approach life and work in an entirely different way, enabling them to take control and get more done.


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Business Process Improvement: The Breakthrough Strategy for Total Quality, Productivity, and Competitiveness Review

Business Process Improvement: The Breakthrough Strategy for Total Quality, Productivity, and Competitiveness
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This book is a great investement. This book explains much more than Business Process Improvement, it also breaks down the sub categories of Quality management into easy to digest pieces. Harrington makes the complex/theoretical Quality "mechanics" easy to understand. He explains today's business trends which can help any business become more productive.
Manufacturing Industries have been using these Quality techniques for years and Harrington helps any business adopt these "tried & true" measures. I recommend this book to anyone who is in the Quality field, or for anyone who is embarking in TQM.

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It's one of the hot topics for the 1990s - how to apply quality improvement techniques originally developed for the manufacturing sector to service industries. "How to Take the Lead in Business Process Management" details how to do it, providing a step-by-step formula that helps companies improve quality and productivity in the support areas. Here, in one comprehensive volume is all the information an organization needs to start the improvement process right away: how to determine customer needs and expectations and deliver the best service; how to establish which processes drive your business; how to create process improvement teams and train team leaders; how to eliminate bureaucracy, simplify the process, and reduce processing time; how to measure progress and provide feedback to participants; how to document the levels of improvement and certify operations and activities; and how to ensure ongoing improvement.Two special features further enhance the value of this highly practical guide: a chapter of case histories, showing the results of business process improvement, and an exhaustive section that guides readers in the application of problem-solving methods, value analysis and process analysis techniques, perfection analysis, work simplification programs, and more.

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Real-Time Strategic Change: How to Involve an Entire Organization in Fast and Far-Reaching Change Review

Real-Time Strategic Change: How to Involve an Entire Organization in Fast and Far-Reaching Change
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As an OD practitioner, I highly value Jake's simple but powerful method of making change happen. His approach overcomes the root cause for so many befuddled change attempts. The whole idea that involvement must precede commitment isn't new but the easy-to-accept approach is. With a little practice, anyone with high concern for both the relevance of the change and the well-being of the people making the change can apply Jake's ideas and make almost any change scenario more effective and lasting. Similarity to most problem-solving processes with slight twists to connect a change process with the strategy of the organization provides familiarity which employees need when working differently.
For the past 4 years I have been applying Jacob's key principles to a variety of change interventions including groups from 10 to 350 employees. The natural hesitation from Senior Leaders is quickly overcome when they see the power that commitment can have in quickly lowering resistance and developing an almost unbridled desire to move to a new state. Employees who initially greet the process as potentially laborious, quickly see that "going slow now to go faster later", as a friend once said, is really worth it.
This book is a key text and resource in a Masters in Management class that I teach. Students frequently leave class with insight and return the next week telling me that they have already applied some of the thinking in their daily management of the business. To their delight, Jacob's mental model gives students enhanced ability to envision and plan change initiatives. Often I get e-mail suggesting that this book has been one of the best investments that they made during their masters program and that the book is a reference that they rely upon.
In a nutshell, my experience with Jake's philosophy and process has completely restructured my thinking about how to facilitate change initiatives of any size. The results have compelled me to vigorously teach this process to all levels of leaders in the organization and in the classroom.

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The 7 Habits of Highly Effective People Review

The 7 Habits of Highly Effective People
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As the title of the book implies, Covey describes the seven habits of highly effective people and techniques for adopting the seven habits. Covey makes clear that an individual must make a paradigm shift before incorporating these habits into his/her own personal life. A paradigm is essentially the way an individual perceives something. Covey emphasizes that if we want to make a change in our lives, we should probably first focus on our personal attitudes and behaviors. He applies different examples via family, business, and society in general.
This book's focal point is on an approach to obtain personal and interpersonal effectiveness. Covey points out that private victories precede public victories. He makes the example that making and keeping promises to ourselves comes before making and keeping promises to others.
Habits 1, 2, and 3 deal with self-mastery. They move an individual from dependency on others to independence. Habits 4, 5, and 6 deal with teamwork, cooperation, and communication. These habits deal with transforming a person from dependency to independence to interdependence. Interdependence simply means mutual dependence. Habit 7 embodies all of the other habits to help an individual work toward continuous improvement.
Habit 1 discusses the importance of being proactive. Covey states that we are responsible for our own lives; therefore, we possess the initiative to make things happen. He also points out that proactive people so not blame various circumstances for their behaviors but they realize behavior comes from one's conscious. Covey also explains that the other type of person is reactive. Reactive people are affected by their social as well as physical surroundings. This means that if the weather is bad, then it affects their behavior such as their attitude and performance.
He also explains that all problems that are experienced by individuals fall into one of three categories, which are direct control, indirect control, or no control. The problems that are classified under direct control are the problems that involve our own behavior. The problems classified as indirect control encompasses problems that we can do nothing about. The problems classified as no control are those that we can do nothing about.
Habit 2 focuses on beginning with the end in mind. Covey wants the reader to envision his/her funeral. This may sound disheartening but his goal is to help you think about the words that you wish to be said about you; it can help the individual visualize what you value the most.To begin with the end simply means to start with your destination in mind. That gives an individual a sense of where he/she presently is in their life. One has to know where they are going to make sure that they are headed in the right direction. Covey also mentions that the most effective way to begin with the end is by developing a personal mission statement. After doing that, you should identify your center of attention. Are you spouse centered, money centered, family centered, etc. The he tells you depending on you core of interest, your foundation for security, guidance, and power.
Habit 3 is the practical fulfillment of Habits 1 and 2. Covey accentuates that Habits 1 and 2 are prerequisite to Habit 3. He states that an individual cannot become principle centered developing their own proactive nature; or without being aware of your paradigms; or the capability of envisioning the contribution that is yours to make. One must have an independent will. This is the ability to make decisions and to act in accordance with them.
Habit 4 deals with the six paradigms of interaction, which are win/win, win/lose, lose/win, lose/lose, win, and win/win or no deal. Win/win is a situation in which everyone benefits something. It is not your way or my way; it is a better way. Win/lose declares that if I win then you lose. Simply put, I get my way; you don't get yours. Win/lose people usually use position, power, possessions, or personality to get their way. The win/lose type of person is the person that feels that if I lose; you win. People who feel this way are usually easy to please and find the strength of others intimidating. When two win/lose people get together both will lose resulting in a lose/lose situation. Both will try to get the upper end of the stick but in the end, neither gets anything. The person that simply thinks to win secures their own ends and leaves it up to others to secure theirs. The win/win or no deal person means that if there is not a suitable solution met that satisfies both parties then there is no agreement.
Habit 5 deals with seeking means of effective communication. This habit deals with seeking first to understand. However, we usually seek first to be understood. Most people to not listen with the intent to understand but with the intent to reply. The act of listening to understand is referred to as empathic listening. That means you try to get into the person's frame of mind and think as they are thinking.
Habit 6 discuses combining all of the other habits to prepare us for the habit of synergy. Synergy means that the sum of the whole is greater than the sum of its parts. Possessing all of the habits will benefit an individual more than possessing one or two of them. Synergism in communication allows you to open your mind to new possibilities or new options.
Habit 7 involves surrounds the other habits because it is the habit that makes all of the others possible. It is amplifying the greatest asset you have which is yourself. It is renewing your physical, emotional, mental, and social nature. The physical scope involves caring for yourself effectively. Spiritual renewal will take more time. Our mental development comes through formal education. Quality literature in our field of study as well as other fields help to broaden our paradigms. Renewing the social dimension is not as time consuming as the others. We can start by our everyday interactions with people.
Moving along the upward spiral requires us to continuously learn, commit, and do on higher planes. This is essential to keep progressing. At the end of each habit, there are application suggestions or exercises that help you become a more effective person. This is definitely not a quick fix it book. The concepts should be studied in order to be fully achieved. I think if you learn to use these 7 habits, it will change your life.
This is a must-have book.

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The Economics of Risk and Time Review

The Economics of Risk and Time
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Gollier has written a book that not many others could have written. It is VERY complete, it is full of deep insights, and, for me, it is a pleasure to read. Don't be mistaken: this is a research book, not a textbook. But for those of us doing research in decision theory, general equilibrium, finance, or macroeconomics, it is simply a must. How could you afford NOT to buy it?

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This book updates and advances the theory of expected utility as appliedto risk analysis and financial decision making. Von Neumann and Morgensternpioneered the use of expected utility theory in the 1940s, but most utilityfunctions used in financial management are still relatively simplistic and assume amean-variance world. Taking into account recent advances in the economics of riskand uncertainty, this book focuses on richer applications of expected utility infinance, macroeconomics, and environmental economics.The book covers these topics:expected utility theory and related concepts; the standard portfolio problem ofchoice under uncertainty involving two different assets; P the basic hyperplaneseparation theorem and log-supermodular functions as technical tools for solvingvarious decision-making problems under uncertainty; s choice involving multiplerisks; the Arrow-Debreu portfolio problem; consumption and saving; the equilibriumprice of risk and time in an Arrow-Debreu economy; and dynamic models of decisionmaking when a flow of information on future risks is expected over time. The book isappropriate for both students and professionals. Concepts are presented intuitivelyas well as formally, and the theory is balanced by empirical considerations. Eachchapter concludes with a problem set.

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The Ten Commandments for Business Failure Review

The Ten Commandments for Business Failure
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One of the fantasy dinners I occasionally think about would include several CEOs and one of them would definitely be Donald Keough. I tracked his career at Coca-Cola and then his association with Allen & Company as its chairman of the board. Regrettably, I never had the chance to meet him (much less dine with him) but was not surprised by the intelligence and sensitivity as well as circumspection that are revealed in his book. Keough is principled but he also possesses what Ernest Hemingway once characterized as "a built-in, shock-proof crap detector." He confirms a suspicion I have had for years: there are many different paths to business success but all business failures share common causes. Keough discusses ten of them, identifying each (with tongue somewhat in cheek) as a "commandment." He candidly acknowledges that throughout his career, he has broken (or at least bent) several of them when making a bad or at least ill-advised decision, notably the one he and former Coca-Cola CEO Roberto Goizueta made involving New Coke. He draws heavily upon his years at that company (1981-1993), citing real-world examples of business failure at a wide variety of companies, some of them otherwise quite successful and highly reputable.
No good purpose would be served if I merely listed the ten "commandments." Keough devotes a separate chapter to each and his insights are best revealed in context. However, I will provide a representative selection of brief excerpts to indicate the thrust and flavor of Keough's narrative, adding a comment or two of my own.
Excerpt: "A company doesn't fail to do anything. Individuals do, and when you probe a bit you usually find that failure lies not in a litany of strategic mistakes - though they may all be present in one form or another - but the real fault lies, as Shakespeare noted, in ourselves, the leaders of the business. Businesses are the product and the extension of the personal characteristics of its leaders - the lengthened shadows of the men and women who run them. (Pages 8-9)
Excerpt: "As Peter Drucker pointed out nearly fifty years ago, it is management's major task to prudently risk a company's present assets in order to ensure its future existence. In fact, if a company never has a failure, I submit that their management is probably not discontented enough to justify their salaries. Xerox was not discontented in any way. They were very, very comfortable, and, as I've noted, when you're comfortable, the temptation to quit taking risks is so great, it'd almost irresistible. And failure is almost inevitable."(Page 23)
Excerpt: "Charles Kettering, the great engineering genius who helped steer General Motors during its glory years, said `Don't bring me anything but trouble. Good news weakens me.' It is instructive that during World War II, Winston Churchill created a special office whose sole duty was to bring him bad news. He wanted the unvarnished truth, no matter what it was...Isolation [from painful realities], carried to its most extreme form, tends to breed a sense of almost divine right."(Pages 51 & 57)
Excerpt: "Watch out for bright lights that surround themselves with dim bulbs!" (Page 55)
Excerpt: "The Jesuit priest and distinguished paleontologist Teilhard de Chardin noted that `no evolutionary future awaits man except in association with all other men.' Therefore, it not only behooves us to treat our fellow human beings with compassion and respect, it is essential for our collective survival. Unethical men and women can flourish for periods, sometimes very long periods, but ultimately their lack of morality - and their lack of humility - destroys them. You cannot build a strong and lasting business on a rotten foundation." (Page 77)
Excerpt: "If you want to get nothing done, make sure that administrative concerns take precedence over all others! Love your bureaucracy!...There are layers upon layers of people, yet when a customer calls, nobody's home. They are all in meetings. These meetings generate more paperwork, more e-mails, more calls, more meetings. In fact, most often there are meetings to plan meetings. Meetings are the religious service of a great bureaucracy and the bureaucrats are fervently religious."(Pages 116 & 120)
With regard to this last excerpt, I am again reminded of James O'Toole's observation that many of the barriers to change initiatives are cultural, resulting from what he aptly describes as "the ideology of comfort and the tyranny of custom." Bureaucrats tend to be the most vigorous defenders of the status quo until convinced that any proposed change will not threaten their own subculture. It should also br noted that waste is one of the most important themes in Keough's book, one that is directly relevant to most (if not all) of his commandments. Drill down to determine the root causes of a business failure and you'll probably find extensive waste of resources and opportunities. In 1963, Peter Drucker shared this insight that remains true today: "There is surely nothing quite so useless as doing with great efficiency what should not be done at all."
Although most of the real-world examples that Keough cites involve major corporations such as Coca-Cola, IBM, Montgomery Ward, Republic Steel, and Xerox, I think that his observations and recommendations are relevant to just about any organization, whatever its size and nature may be. Although he places Commandment One, "Quit Taking Risks," at the top of his list of ten, my own opinion is that the last, "Lose Your Passion for Work - for Life," should be there. Among the most common causes of failure, not only in business but in life, I agree with Friedrich Hegel: "Nothing great in the world has been accomplished without passion." One man's opinion....
Those who share my high regard for this book are urged to check out these books written by other fantasy dinner guests: Benjamin Franklin's Autobiography, Peter Drucker's Adventures of a Bystander and On the Profession of Management, Jack Welch's Winning (with Suzy Welch), and James M. Kilts's Doing What Matters: How to Get Results That Make a Difference - The Revolutionary Old-School Approach (with John F. Manfredi and Robert Lorber). Also Bill George's Authentic Leadership: Rediscovering the Secrets to Creating Lasting Value and his more recent True Blood: Discover Your Authentic Leadership, John C. Whitehead's A Life In Leadership: From D-Day to Ground Zero: An Autobiography, and Sydney Finkelstein's Why Smart Executives Fail: And What You Can Learn from Their Mistakes.

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On Her Own Ground: The Life and Times of Madam C.J. Walker (Lisa Drew Books) Review

On Her Own Ground: The Life and Times of Madam C.J. Walker (Lisa Drew Books)
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On Her Own Ground details the life story of Madame C.J. Walker, best known for developing a line of hair care products. To know her only for this accomplishment would be short sighted, indeed. Born to slaves, Sarah Breedlove (her given name) was orphaned by age 7, married by age 14 and widowed with a small daughter by age 20. She was one of many women who took in washing to earn a living and to support her daughter. She began to experiment with hair salves when she noticed her hair was breaking and falling out. Tapping into a common problem for black women of the time, she began to produce and sell her discovery. This is also the story of a woman who was in the forefront of black educational and political movements of the early 1900's. She was friends (and sometimes adversaries) with many of the well known names of the time,including Booker T. Washington,Mary McLeod Bethune,and W.E.B DuBois. and a force behind providing educational and employment opportunities for African American women. Her daughter , who also helped run the family business was at the forefront of the Harlem Reniassance. Working against the prejudice of not only her race, but her sex, she built a family industry that exisits today ( although no longer in family hands).She built a home among the most wealthy of the time and enjoyed an income comprabable to any white, male executive of the time. A'Lelia Bundles has skillfully woven a complex portrait of a woman who shaped marketing techniques still used universally today. Using a wealth of family material (Bundles is the great-great granddaughter of Madam Walker)as well as other well documented sources, the author opens the door to a vibrant time in Black history, provides a historical context to help explain and compliment this amazing woman and tells a story so compelling that this is a hard book to put down.

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Organize Your Personal Finances In No Time Review

Organize Your Personal Finances In No Time
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If you need to simplify how you handle your finances and paperwork, this is
the book for you.
Even if you are organized in this area, this book will motivate you to
simplify even more. It did for me.
As a Professional Organizer, one of the biggest downfalls I see to any money
management system is making it overcomplicated--e.g., waiting to organize
your finances because first you need to learn the computer program you plan
to use.
Next, is the indecision most people face when they are trying to get
organized. This is commonly seen in how to name files and how to store files
(covered simply in the book!).
Stanley provides practical, to the point direction in how to decide what is
just right for you, so that your systems will actually support you and not
work against you by being overcomplicated.
This book takes you through the decision making processes involved in
setting up the systems you'll need.
This is the first book on organizing finances that I have seen that is as
interested in you the person, as a seasoned Professional Organizer would be.
She makes it so easy to decide what you need to do next, based on you. It
was as close to having a live Professional Organizer there with me while I
was reading.
Be sure to check out the cool icons that guide you to quick tips and hints,
such as "Clever Client" and "Organized Enough" (hooray that an organizing
book is finally addressing the concept of not over-organizing).

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Drowning in a pile of bills, receipts and bank statements and don't know how to swim to the top? Organize Your Personal Finances In No Time will be your lifesaver. Written by a professional organizer and coach for the chronically disorganized, this do-it-yourself guide will show you how to create a fool-proof, easy-to-maintain financial system in a single day. Written in a unique step-by-step, to-do list approach, you will master skills such as tracking income and expenses, bill paying, creating a file system and shopping with efficiency. Then, learn to take all of your new skills and apply them to creating a savings plan, a budget and graphs to illustrate spending habits and debt details. When it comes to your finances, if the choice becomes sink or swim, let Organize Your Personal Finances In No Time help you swim.

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Tales of Times Square: Expanded Edition Review

Tales of Times Square: Expanded Edition
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Aside from the covertly racist remarks, Tales of Times Square is a fun chronicle of the recent history of the classic red-light district that was as part of Americana as mom and apple pie. With stark detail, down to the exact addresses of various brothels, porn houses and other wild joints; it feels as if a walk down the old Forty Deuce and Eighth Avenue is taking place as the pages go by. A natural born writer, Friedman's eye for detail is amazing and he delivers the goods.
During its height of splendid glory it was a neighborhood that fostered more orgasms than any other making it somewhat depressing that this cultural relic known as Times Square has now been hijacked by Disney, the big developers and large corporations. Friedman does a quality job in touching on the underlying politico-economic realities responsible for the destruction of one of the last places that refused to be gentrified.
With a keen eye for the hilariously absurd and the interesting denizens populating the Square from roughly the mid 60s to the mid 80s, Friedman offers up funny and enthralling stories involving strippers, johns, swing clubbers, prostitutes, shoeshines, religious folks, kiosk workers, pornstars and others. One startling fact broached is that in the 1970s during a typical summer night it wasn't unusual to see a thousand old school style hookers plying their trade along Eighth Avenue. Today it's scarcely possible to imagine given the plethora of cops occupying America's cities.
Certainly the most indelible section of Tales of Times Square has to be the description of the famous -- or infamous depending on a person's predilections -- east coast swing club Plato's Retreat. The wild shenanigans documented are simply unbelievable. These chapters are worth the price of the book alone, although some may feel a shower's in order after reading some of this stuff.
The last bastion of a truly honky-tonk atmosphere is over. As Friedman points out it's time to make way for Mickey and Minnie Mouse. In an age of sterile corporate strip malls, Tales of Times Square is a reminder that in at least one neighborhood things used to be quite different.

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"Friedman has drawn a vivid picture of the Times Square area and its denizens. He writes about the porn palaces with live sex shows, and the men and women who perform in them, prostitutes and their pimps, the runaways who will likely be the next decade's prostitutes, the clergymen who fight the smut merchants and the cops who feel impotent in the face of the judiciary."—Publishers Weekly

This classic account of the ultra-sleazy, pre-Disneyfied era of Times Square is now the subject of a documentary film of the same name to be theatrically released this year. With this edition, Tales of Times Square returns to print with seven new chapters.


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Building Wealth One House at a Time: Making it Big on Little Deals Review

Building Wealth One House at a Time: Making it Big on Little Deals
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This is a fascinating book, with plenty of good advice for investing in rental properties and learning to live off the income produced by your investments. Schaub talks about finding deals, negotiating for better terms, using agents, managing your properties, and protecting your key assets. The paragraphs below briefly discuss three of his key points.
Schaub's chapter on learning how to work yourself out of your day job hit home with me. Isn't this a goal we all share? Schaub's plan is easy to understand, but not necessarily easy to follow. In my action plans, I first wanted to be able to pay my electric bill with income that had spun off my investments. After reaching that goal, I wanted to pay my phone bill, car insurance, etc. I kept working to build investment income sufficient to pay my bills. Eventually, I reached a point where my investment income has almost equaled my work income. I'm using the bulk of my work income to make investments. Schaub suggests using your investment income to replace your need to work. I suggest you keep working, and use you work income to make bigger investments.
Schaub's entire thesis rests on the concept of buying quality properties that you manage and control, and striving to pay them off within a ten-year period. When you approach retirement, theoretically you will have the income of these properties flowing into your bank account. This is a great idea, and certainly doable; however, maintenance, tax, and insurance expenses will never go away. So don't forget that maintenance alone may eat up to 40% of your gross income. Insurance and taxes will eat another 10-20%.
Schaub talks about owning property out of town, and this is important info for all investors. Your main concern is control. I learned my lesson the hard way here. I owned a home free and clear in a different state. However, my property manager seen to it that every month I had a significant maintenance costs, such as $325 for removal of used stove. $459 for removal of tree roots from pipes under house. Month after month I put up with these outrageous costs, that I would have handled for pennies if the home was within a hour's drive of my home.
Schaub suggests you Focus on making small deals that you can understand and control. For example, a small investor can earn sufficient returns from several single-family homes in good neighborhoods, without having to negotiate for malls and apartment complexes, or get over your head in partnerships and complex land development deals.
You may also want to read "Think and Grow Rich" by Napoleon Hill and "The 17 Principles of Creating Wealth" by Phillip Collinsworth.


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Strategies for creating real estate wealth by star ting small--and always making the right moves

Nationally known real estate expert John Schaub learned his craft in the best way possible--on the job, and through every kind of market. Over three decades, he learned to bank consistent profits as he built an impressive real estate mini-empire. Building Wealth One House at a Time reveals how virtually anyone can accumulate one million dollars worth of houses debtfree and earn a steady cash flow for life.

Unique in that it focuses on buying houses in good-quality neighborhoods, Schaub's nine-step program includes:

Renting to long-term tenants, with financial incentives to pay on time
Avoiding the temptation of bigger deals, which invariably include bigger problems
A 10-year plan to pay off debt and own houses free and clear
(20050129)

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The Death of Demand: Finding Growth in a Saturated Global Economy (Financial Times Prentice Hall Books) Review

The Death of Demand: Finding Growth in a Saturated Global Economy (Financial Times Prentice Hall Books)
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This book is not only a wonderful read and an impressive history of business during the second half of the 20th century, but it presents the most logical understanding as to why corporations, industries - the entire economy - is having such a difficult time growing. The irony that Osenton points out is that we are victims of our own success - pushing for more and more consumption - and getting it! - only to begin to approach levels of saturation. He points out that there are currently more than 32 million more registered vehicles in the United States than there are licensed drivers! Talk about surplus. For the first time ever, someone has explained WHY - beyond the simple explanation of greed - that corporations are cooking their books in order to make the numbers. It's because their respective top lines are lifeless, and they have squeezed every penny, every productivity gain they could out of the corporation. Death of Demand helped me completely understand why employees are paying for earnings growth with their jobs - jobs that are either being cut altogether or sent overseas. What a spectacular analysis of our current economic condition. Bravo!

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In today's world, there are more TVs than viewers. More phone numbers than talkers. More homes than households. More cars than drivers. Consumers have gorged themselves...and they're pulling away from the table. Demand is dead. What's more, it'll stay dead, for many years to come--and everyone had better get used to it. In The Death of Demand, Tom Osenton reveals a 25-year trend towards increasingly weak revenue growth--even in spite of improved marketing strategies, tactics and tools. In such an environment, growing profits requires a radically new approach. That's precisely what this book delivers. Starting with a foundation of absolute clarity and realism, Osenton offers readers the first comprehensive program for increasing profits when they can't increase revenue. Along the way, he covers everything from discontinuous innovation in products and business models to "customer share marketing" that captures more sales from every existing customer.

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