100 books like The New Economics for Industry, Government, Education

This simple yet compelling tale of an organization’s executive team has spoken to dozens of executives about how they can overcome resistance and get their team to pull in the same direction. The characters are well defined and the challenges they face are commonplace. And it can be read on a plane ride.  

I am a firm believer that you never stop learning, and you learn from everybody.

I was very impressed by Nike. As a young athlete in the 60s, I sometimes had to run barefoot because I could not afford shoes, and I was a keen athlete. Phil Knight’s remarkable book was first published in 2016. I thought it was fascinating because he talked all about the tenacity, determination and commitment and the fact that you have to stand up to people because 99% of people will tell you you will never get there. He got there brilliantly, and, of course, Nike is a phenomenal success.

I was inspired by Phil Knight’s vision, courage, tenacity, and determination to overcome many enormous obstacles to build a great global brand. I sincerely believe this book will be very helpful to any entrepreneur.

This book fundamentally changed how I think about business processes and problem-solving. I was drawn into the story of a plant manager struggling to save his factory and found Goldratt’s Theory of Constraints incredibly insightful for me as a programmer inside a development team.

The narrative format made complex concepts easy to understand and apply. I learned to identify and address bottlenecks in any system, which has been invaluable in both professional and personal contexts. Despite being a business book, I found it engaging and applicable to my day-to-day challenges as a programmer. 

The Servant as Leader may be one of the most influential business books ever published! But how does it apply to outsourcing? Creating a servant/leader mindset is essential to prevent what I call the outsourcing paradox—where you outsource the expert and then tell them how to do the work. It also prevents another common outsourcing ailment I call the Junkyard Dog Factor where a company outsourcing keeps a shadow organization that creates redundancies and limits the cost saving a company can get through outsourcing. Greenleaf’s basic message is simple: manage the business with the supplier as opposed to managing the supplier. Organizations that follow Greenleaf’s advice will most certainly benefit with healthier outsourcing relationships. 

Written in 1982 as one of the earliest books on strategy and still very relevant today. Ohmae was head of McKinsey Japan at the time of Japan's dominance in global business and contributed to the success of many Japanese companies. I had the great honor of meeting Ken Ohmae once and persuading him a few years later to provide an endorsement for my own book. Ohmae’s book explores the ways in which the strategist must think, the key principles and thought patterns that real-world strategists have used to move their companies forward in Japan and throughout the world. A timeless classic that is not just about Japan.

For almost six decades, I have studied the histories of firms and their successes and failures in creating value. I am always looking for heavy hitters who write about their thinking/doing process. Curt Carlson qualifies.

When he was CEO of SRI International, he guided the conception and development of HDTV, Siri, the computer mouse, electronic banking, robotic surgery which evolved into Intuitive Surgical (the dominant robotics surgical firm with its Da Vinci system), and much more.

I first found Carlson via a Harvard Business Review article in which he laid out his proven steps for value creation that seem so straightforward, yet are rarely followed. I wanted a more comprehensive discussion, and I got it with this book.    

This great management book was written by an engineer who clearly explains the rationale for his recommendations.

Andy Grove, former chairman and CEO of Intel, is credited with driving the growth phase of Silicon Valley, was named Time’s Man of the Year, and is credited as the “Father of OKRs.” One example that I love: a new hire does poor work. His manager says: “He has to make his own mistakes…that’s how he learns!”

Grove writes: “absolutely wrong…the tuition is paid by his customers…[instead of by the manager].” Another gem: “Review rough drafts [you delegated]; don't wait until your subordinates have spent time polishing them into final form before you find out that you have a basic problem with the contents.”

I loved this and found it both interesting and helpful when it first appeared, and I reckon anyone could still benefit from reading it now. Based on research across a range of industry sectors identifies what makes a manager and an organization successful and provides guidance about how action should be taken.

What I like about it is that once noted, its ideas seem like common sense (they are!) but are factors so easily missed or shortchanged in the hurley-burley of corporate life. 

I was given a free copy of this book at a conference and only read it as I had nothing else to read at that point. But, for the time, its method of communicating ideas and concepts was revolutionary and this, as well as the contents of the book, have stayed with me.

I hadn’t read it for a while, but on re-reading it to write this review, I enjoyed it just as much as the first time. Once again, I am drawn to the emphasis on the individual and their ability to be creative, adaptable, and innovative. These concepts seem, in my eyes, to be lost in finance education but are fundamental to a strong real-world financial system that avoids the effects of the groupthink seen in the 2008 financial crash.

Emotions and emotional intelligence (EQ) aren’t taught in business school, and are rarely evident in abundance in the corner offices of CEOs. And yet here’s one ready to admit to the errors of his earlier ways, and to have adjusted his leadership style at Best Buy accordingly. If it can happen in business, why not in politics, too, perhaps saving us from leaders who lack empathy.