100 books like American Icon

This book presents the historical story of another great company that rose to dominate its industry from the perspective of the man who led the company and was the architect of the strategic battle to create it. Alfred P. Sloan was an MIT-trained engineer when he was selected to lead General Motors, which was at the time “an also ran” to the once mighty Ford Motor Company led by the legendary visionary of the industry, Henry Ford. Yet Sloan, who even today is less well known than Henry Ford, crafted a strategy and organization that ultimately surpassed Ford not only in market share, but also in all aspects of operations so that General Motors and not Ford became the dominant colossus of the Automotive industry for more than a half-century. 

The book gives readers an opportunity to see the nature and evolution of Sloan’s plans and actions that slowly and… show more.

I love books that explore the Soviet Bloc through its development of consumer culture. Much as they were in the West, in the East, cars were symbolic of progress and modernity. Unlike the West, production and distribution problems created a car culture focused on access. 

Still, the regimes struggled to control the excesses of consumer impulse more than they did the abuses of authority. This volume is fascinating as it asserts that the Soviet Bloc states were consumer-driven societies, given the same desires and demands as the West, despite their communist ideology.

Cars were political, and acquiring one may demand demonstrations of loyalty to the system. On the other hand, owning a car allowed for a perceived freedom from the regime, socialism, and social norms.

Greg Shotwell was a longtime worker at General Motors and activist in the United Auto Workers who was notorious among executives in both the company and union for his rank-and-file newsletter, Live Bait and Ammo. This book is a collection of articles from that newsletter, and it’s a bitingly funny and ultimately heartbreaking account of autoworkers’ losing fight to maintain the rights and living standards that had made the union famous. 

Unlike the other books on my list, this book is the story of a defeat, but it is also a portrait of the generation of working-class fighters who kept alive the radical shop-floor traditions that are an essential component of any socialist vision. This is the book that made me want to become a writer. 

One of the success factors I highlight in my book is leading innovation and change.

Simply maintaining or marginally improving the status quo isn’t enough in most organizations. Many aspiring executives find the requirement to lead innovation intimidating, since by definition it means finding solutions that are different from what they are most familiar with.

Murray illustrates that the vast majority of innovations are not “bolts out of the blue.” Rather, they are often the result of taking a new idea out of one context (for example, a different field or industry) and then building on it.

The implication for me is that the successful executive needs to adopt an external perspective, i.e., looking outside his or her own organization, and find ways to identify new ideas—even if the practical application is not immediately apparent. 

There are many of us who believe Frances Hesselbein was one of the greatest leaders of our time, including myself, Peter F. Drucker, Alan Mulally, Marshall Goldsmith, and millions more.

A leader whose focus was on humility, love, and service, Frances spent her entire 107 years serving humanity in the area of leadership. She showed us by example that who we are will have everything to do with our performance and results. For instance, if we have respect for all people, our goals will include everyone in the results.

This book is essential for anyone learning about this great leader because it is in her words, what she believed to be important to who we are and how we lead.

Barbara Small’s novel is about the interwoven lives of a Black family and a White family facing the challenges of surviving while raising their children in the Jim Crow South during the Great Depression.

The vivid language and sense details of Faith’s Reckoning transported me completely into the very different worlds the characters experienced in this riveting page-turner. What I loved most was how they transformed their suffering into a desire to improve the worlds they inhabited, not only for themselves but also others. The personal reckonings they made by changing their lives evoked a depth of empathy that has changed me.

These characters continue to stay in my heart, and like friends I cherish them still. In fact, I hope to see a sequel and a movie one day!

I love it because it describes exactly how Wall Street used to work in the bad old days of the early 1900s, before the Great Crash and the Great Depression, before sweeping reforms turned it into what is today. I learned so much from this story about the characters who dominated the Street and set it up for failure.

I see all sorts of parallels with the growth of cryptocurrencies and the scams that surround that industry. I love the way Sinclair describes the Wild West, the ferociously greedy mentality of the players back then, and how he details the machinations of Ponzi schemers and fraudsters before there were any laws barring such scoundrels from doing whatever they pleased with gullible investors’ money.

The author is a sociologist who rode the rails, on and off, alongside homeless youth in the early 1930s. He did not disguise himself or pretend to be “one of them.” Instead, he chronicled their stories in oral histories that are intimate and thorough depictions of how young men and women existed on the road, what was important to them, what they yearned for, how they protected themselves, and each other. As a sociologist and chronicler of groups within society, the author remained true to his obligations as an academic not to glorify, white-wash, or romanticize what he saw. As a result, the experiential dimensions of this book are incredibly robust and meaningful.

Ribuffo could have portrayed his subjects—three mid-century Christian fundamentalists—as social or cultural misfits. Instead, he made a powerful case that these men—and others like them— were a product of the American mainstream. First published in the 1980s, when the so-called new Christian right was in its ascendancy, the book encouraged readers to check any temptation they might have felt to dismiss Protestant fundamentalists as political outliers who would disappear of their own accord. Generous almost to a fault, Ribuffo gave me plenty of advice during my own research to avoid any suggestion that there was anything un-American about fascist sympathies in the interwar years. 

This is the story of four (European and American) central bankers fighting the dramas and crises during the lead-up to the Great Depression. When crisis looms, Bank of England Governor Montagu Norman puts on a disguise and boards a cruise ship to consult with his friend Benjamin Strong in New York. If only financial crises could still be fought that way today! I liked it because I used to be a central bank governor myself!