100 books like The Profit Paradox

By Jan Eeckhout,

Here are 100 books that The Profit Paradox fans have personally recommended if you like The Profit Paradox. Shepherd is a community of 10,000+ authors and super readers sharing their favorite books with the world.

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Book cover of Profits Aren't Everything, They're the Only Thing: No-Nonsense Rules from the Ultimate Contrarian and Small Business Guru

Hermann Simon Author Of True Profit!: No Company Ever Went Broke Turning a Profit

From my list on how to manage profit and survive.

Why am I passionate about this?

Hermann Simon is a world-renowned expert on price and profit management. He is the founder and honorary chairman of Simon-Kucher & Partners, the global leader in price and topline consulting with 1700 employees and 41 offices worldwide. He is the only German in the Thinkers50 Hall of Fame of the most influential management thinkers. In China a business school is named in his honor. Profit is at the core of Hermann’s writing and consulting activities.

Hermann's book list on how to manage profit and survive

Hermann Simon Why did Hermann love this book?

This book is very basic and aimed mostly at small business owners or readers who are interested in the fundamental mechanics of profit. It’s a hard-hitting book and controversial, e.g. with recommendations such as, “Never pay your vendors on time. Wear your control-freak badge with pride.” It shows that many little things influence profit and should be observed. Useful for start-ups and readers with basic economic knowledge. The obsession with profit as the only priority is, however, somewhat exaggerated. 

By George Cloutier,

Why should I read it?

1 author picked Profits Aren't Everything, They're the Only Thing as one of their favorite books, and they share why you should read it.

What is this book about?

Now more than ever, business owners need a reality check. As we see the economy flattening and businesses struggling to stay afloat, "Profits Aren't Everything, They're the Only Thing" is a wakeup call for the 23 million small businesses across America who need to get their business fundamentals in order. George Cloutier reveals 13 no-nonsense, tough-love maxims that small businesspeople may not want to hear at first, but will thank him for in the end. Among his controversial (yet proven!) ideas are: forget teamwork, micromanage like crazy; pay raises are over; fear is the best motivator; and, if your business…


Book cover of Grow the Pie: How Great Companies Deliver Both Purpose and Profit

Hermann Simon Author Of True Profit!: No Company Ever Went Broke Turning a Profit

From my list on how to manage profit and survive.

Why am I passionate about this?

Hermann Simon is a world-renowned expert on price and profit management. He is the founder and honorary chairman of Simon-Kucher & Partners, the global leader in price and topline consulting with 1700 employees and 41 offices worldwide. He is the only German in the Thinkers50 Hall of Fame of the most influential management thinkers. In China a business school is named in his honor. Profit is at the core of Hermann’s writing and consulting activities.

Hermann's book list on how to manage profit and survive

Hermann Simon Why did Hermann love this book?

This book addresses the highly topical discussion on the potential conflict between profit and purpose, fueled in particular by the 2019 Business Roundtable guidelines. In this sense, it is not a pure profit book but seeks to balance the social and financial goals of a company. Anyone who wants to have a qualified say in the current discussion about profit and purpose should read this book.

By Alex Edmans,

Why should I read it?

1 author picked Grow the Pie as one of their favorite books, and they share why you should read it.

What is this book about?

A Financial Times Book of the Year 2020! Should companies be run for profit or purpose? In this ground-breaking book, acclaimed finance professor and TED speaker Alex Edmans shows it's not an either-or choice. Drawing from real-life examples spanning industries and countries, Edmans demonstrates that purpose-driven businesses are consistently more successful in the long-term. But a purposeful company must navigate difficult trade-offs and take tough decisions. Edmans provides a roadmap for company leaders to put purpose into practice, and overcome the hurdles that hold many back. He explains how investors can discern which companies are truly purposeful and how to…


Book cover of Sustainable Happy Profit: Products and Organizations that Thrive

Hermann Simon Author Of True Profit!: No Company Ever Went Broke Turning a Profit

From my list on how to manage profit and survive.

Why am I passionate about this?

Hermann Simon is a world-renowned expert on price and profit management. He is the founder and honorary chairman of Simon-Kucher & Partners, the global leader in price and topline consulting with 1700 employees and 41 offices worldwide. He is the only German in the Thinkers50 Hall of Fame of the most influential management thinkers. In China a business school is named in his honor. Profit is at the core of Hermann’s writing and consulting activities.

Hermann's book list on how to manage profit and survive

Hermann Simon Why did Hermann love this book?

This book takes an unusual, very modern approach by combining profit with sustainability and happiness. A current controversial discussion, after all, deals with the compatibility of sustainability and profitability. This compatibility is strongly advocated by the author. She also believes that a sustainably profitable offering makes the company and the customers happy. Overall, an enrichment of the discussion about profit orientation!

By Ines Garcia,

Why should I read it?

1 author picked Sustainable Happy Profit as one of their favorite books, and they share why you should read it.

What is this book about?

Reviews

"In the book, Ines sets out the new path for businesses to follow to create workplaces of our future. She dives into the science behind each of these three business imperatives and follows this up with clear ABC’s and CBA’s on how to make the shift starting right now. Create real, sustainable change in their teams and organisations straight away." -- Sarah Metcalfe, Chief Happiness Officer & Co-Leader, Woohoo Unlimited

"This book will challenge you to combine collaboration, sustainability and emotional intelligence to create a better business. Ines’ experience in innovation makes her the perfect to explore how thinking…


Book cover of Double Your Profits: In Six Months or Less

Hermann Simon Author Of True Profit!: No Company Ever Went Broke Turning a Profit

From my list on how to manage profit and survive.

Why am I passionate about this?

Hermann Simon is a world-renowned expert on price and profit management. He is the founder and honorary chairman of Simon-Kucher & Partners, the global leader in price and topline consulting with 1700 employees and 41 offices worldwide. He is the only German in the Thinkers50 Hall of Fame of the most influential management thinkers. In China a business school is named in his honor. Profit is at the core of Hermann’s writing and consulting activities.

Hermann's book list on how to manage profit and survive

Hermann Simon Why did Hermann love this book?

This book approaches profit improvement primarily from the cost side. Numerous practical methods and tricks are explained. If these are successfully implemented in real business, significant profit improvements will result in a short time (hence the six months or less!). But these methods are not without risks, because if you treat stakeholders such as suppliers, banks, and employees too harshly, this can lead to negative reactions. The same is true for competitors if you play too hard. Therefore the judgment of one reviewer should be observed: Useful if applied with common sense, but dangerous in the wrong hands.

By Bob Fifer,

Why should I read it?

1 author picked Double Your Profits as one of their favorite books, and they share why you should read it.

What is this book about?

"An excellent primer for anyone struggling to keep profits ahead of costs. . . . Double Your Profits' 'take no prisoners' approach is refreshing." - William Byham, bestselling coauthor of Zapp!

One of the nation's foremost management consultants shares seventy-eight proven ways to cut costs dramatically, send sales through the roof, and double profits in just six months.

This timeless profit-boosting guide, considered a top management resource by business powerhouse Jack Welch, presents insights that are notable for their aggressive approach and contrarian perspective. Bob Fifer, former chairman and CEO of Kaiser Associates, shows us how to turn the tables…


Book cover of The New Geography of Jobs

Dietrich Vollrath Author Of Fully Grown: Why a Stagnant Economy Is a Sign of Success

From my list on the economic challenges of the 2020s.

Why am I passionate about this?

I’m a professor of economics at the University of Houston, with a focus on long-run growth and development rather than things like quarterly stock returns. I write a blog on growth economics where I try hard to boil down technical topics to their core intuition, and I’m the co-author of a popular textbook on economic growth.

Dietrich's book list on the economic challenges of the 2020s

Dietrich Vollrath Why did Dietrich love this book?

Moretti’s book is, I think, woefully underappreciated. He gives a clear portrait of different regions of the United States, classifying them on the basis of their current economic structure and not on a predetermined political split or on industrial classifications from fifty years ago. It shows that we are in the midst of a substantial economic transformation that likely rivals the shifts seen during the early industrial revolution. This book gives you a real sense of what a “knowledge economy” will look like. More than that, though, he shows how that transformation could be beneficial to everyone (but might not).

By Enrico Moretti,

Why should I read it?

1 author picked The New Geography of Jobs as one of their favorite books, and they share why you should read it.

What is this book about?

In The New Geography of Jobs, award-winning Berkeley economist Enrico Moretti looks at the major shifts taking place in the US economy and reveals the surprising winners and losers ​— ​specifically, which kinds of jobs will drive economic growth and where they’ll be located ​— ​while exploring how communities can transform themselves into dynamic innovation hubs.

“A timely and smart discussion of how different cities and regions have made a changing economy work for them ​— ​and how policymakers can learn from that to lift the circumstances of working Americans everywhere.” ​— ​Barack Obama

We’re used to thinking of the…


Book cover of The Myths of Creativity: The Truth about How Innovative Companies and People Generate Great Ideas

Matthew E. May Author Of Winning the Brain Game: Fixing the 7 Fatal Flaws of Thinking

From my list on creative thinking.

Why am I passionate about this?

For as long I can remember, I’ve been an ideas guy. I even like the idea of ideas…I guess that makes me a meta-idea guy. But not just any ideas. Ideas that achieve the maximum impact with the minimum means. Oliver Wendell Holmes once wrote, “I wouldn’t give a fig for simplicity on this side of complexity, but I’d give my life for simplicity on the other side of complexity.” Creative ideas are the main event of the imagination, and the simpler the better. I've written and published several books, hundreds of articles and blogs, and even had dozens of songs published. But by far my favorite creative accomplishment is winning the New Yorker cartoon caption contest in 2008.

Matthew's book list on creative thinking

Matthew E. May Why did Matthew love this book?

I love contrarian thinking. It’s by definition creative…new, novel, useful. That’s what David Burkus does with this book. There are a lot of conventional thoughts about creativity and the generation of innovative ideas that are held out as universal truths, but just aren’t. True, that is. David takes them all to task, pokes holes in them with science and logic and good old thoughtful insight, and dispels an entire family of mythology...misconceptions all relating to creative thinking: brainstorming, collaborating, incentivizing, and about a dozen more. Prepare to have much of your current understanding of creativity shaken.

By David Burkus,

Why should I read it?

1 author picked The Myths of Creativity as one of their favorite books, and they share why you should read it.

What is this book about?

How to get past the most common myths about creativity to design truly innovative strategies We tend to think of creativity in terms reminiscent of the ancient muses: divinely-inspired, unpredictable, and bestowed upon a lucky few. But when our jobs challenge us to be creative on demand, we must develop novel, useful ideas that will keep our organizations competitive. The Myths of Creativity demystifies the processes that drive innovation. Based on the latest research into how creative individuals and firms succeed, David Burkus highlights the mistaken ideas that hold us back and shows us how anyone can embrace a practical…


Book cover of Advanced Introduction to Platform Economics

James Meese Author Of Digital Platforms and the Press

From my list on news and the impact of technology.

Why am I passionate about this?

I’ve been fascinated by the news media and technology for as long as I can remember. I successfully campaigned for a VCR as a five-year-old, and watched multiple news programs with my grandfather growing up. Alongside these interests, I managed to read as many books as I possibly could. I’ve managed to somehow parlay that into a job as a researcher, where I study the news media sector and technological transformation. I read everything on this list while I was writing my latest book, and hope you enjoy them as much as I did! 

James' book list on news and the impact of technology

James Meese Why did James love this book?

Many of the concerns around news and technology, center around how the distribution of news through social media impacts the news business.

However, we can only understand how these two sectors interact by understanding platform economics. Thankfully, Robin Mansell and W. Edward Steinmueller have written a simple and concise introduction to a complicated topic. A great way to quickly deepen your understanding of an important issue. 

By Robin Mansell, W. E. Steinmueller,

Why should I read it?

1 author picked Advanced Introduction to Platform Economics as one of their favorite books, and they share why you should read it.

What is this book about?

Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences and law, expertly written by the world's leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas.

This cutting edge book introduces the origins and consequences of digital platforms, examining how artificial intelligence-enabled digital platforms collect and process data from and about users by providing social media and e-commerce services. Robin Mansell and W. Edward Steinmueller compare and contrast neoclassical, institutional and critical political economy approaches. They show how uneven…


Book cover of Landscape with Invisible Hand

Rebecca Gomez Farrell Author Of Wings Unfurled

From my list on speculative fiction with lyrical prose.

Why am I passionate about this?

Born to three generations of poets, I’ve always appreciated a certain quality in the prose I read: lyricism. I want to catch my breath at a beautiful turn of phrase or gasp when I figure out a metaphor’s double meaning. My own writing seeks to reproduce that joy of discovery while preserving the plot-forward conventions of good speculative fiction. The books in this list balance literary style and genre expectations. Snatches of song, poetic prophesies, the perfect comparison—I hope these jewels delight my readers as much as they’ve delighted me in these works.

Rebecca's book list on speculative fiction with lyrical prose

Rebecca Gomez Farrell Why did Rebecca love this book?

I was unprepared for this book’s unrelenting pace, as it provides some of the most on-the-nose and funny skewering of our present era that I’ve read to date, via alien invasion and our coping strategy of viewing reality as a show. Anderson wields short chapters and surprising reveals in his last sentences as atypical, but effective, literary weapons. His framing of the whole work as a series of images, through chapter titles that read like illustrations, is brilliant and a quite literal representation of figurative language. Each time we’re reminded that this is a story about television, about fiction, about the comfortable lies we tell ourselves, the words strike a familiar beat, like a cinematic score reprising a theme. 

By M.T. Anderson,

Why should I read it?

1 author picked Landscape with Invisible Hand as one of their favorite books, and they share why you should read it. This book is for kids age 13, 14, 15, and 16.

What is this book about?

Award-winning author M. T. Anderson explores themes of art, truth and colonization in this sharply wrought satire of a future Earth.

From the author of dystopian tour de force Feed comes a soon-to-be literary classic that will resonate with young adults and adults alike.

When the vuvv first landed, it came as a surprise to aspiring artist Adam and the rest of planet Earth - but not necessarily an unwelcome one. Can it really be called an invasion when the vuvv generously offered free advanced technology and cures for every illness imaginable? As it turns out, yes. With his parents'…


Book cover of How Stella Saved the Farm: A Tale about Making Innovation Happen

Ron Ashkenas Author Of Simply Effective: How to Cut Through Complexity in Your Organization and Get Things Done

From my list on simplifying your organization.

Why am I passionate about this?

As an organizational consultant, and a business writer, I’ve always been fascinated by Mark Twain’s comment that he would've written a shorter letter if he had more time. It’s a wonderful reminder that simplicity and clarity require hard work and won’t happen by itself. As part of the consulting team that worked with Jack Welch to transform GE in the 1990s, I saw firsthand that leaders actually have the power to simplify their organizations, and that it can make a huge difference. What they need is a playbook for how to do this, and that was my intention when I wrote Simply Effective. Since then I’ve seen “simplicity” become a driving force for business success. 

Ron's book list on simplifying your organization

Ron Ashkenas Why did Ron love this book?

Yes, Stella is a book – but it’s really a fable about how to cut through corporate inertia and bureaucracy to drive innovation.

When I first read it, I was blown away – a story about farm animals saving their farm from bankruptcy – with lots of clear and compelling messages. And it was actually fun to read. Since I first learned about it from one of the authors (we were working with a common client), I’ve recommended it to lots of other executives, and it’s made a difference.

One of the key lessons from Stella is that truly transformative innovation often needs to be separated from the core business – with different resources, budgets, metrics, and expectations. Otherwise it’s going to be in competition with the core business – and it will end up getting the short end of the stick in terms of money and people.

Then when…

By Vijay Govindarajan, Chris Trimble,

Why should I read it?

1 author picked How Stella Saved the Farm as one of their favorite books, and they share why you should read it.

What is this book about?

Inspired by George Orwell's Animal Farm and the international bestseller Our Iceberg is Melting, How Stella Saved the Farm is a simple parable about embracing change and managing innovation in difficult times.

Bankruptcy, or the grim prospect of being acquired by a hostile human competitor, threatens Windsor Farm. But when a young sheep called Stella comes up with a bold idea, will the other animals be able to respond to her ambitious call to action?

Grounded in over a decade of academic research, How Stella Saved the Farm will resonate for organizations of all types, from global corporations to small…


Book cover of The Inevitable: Understanding the 12 Technological Forces That Will Shape Our Future

Ethan Turer Author Of The Next Gold Rush: The Future of Investing in People

From my list on how past events will impact our future.

Why am I passionate about this?

Ever since I can remember I’ve been curious about history and how past events connect to our present; And how challenging it is to predict the future, even with all our advanced technologies. In the internet era, everything seems to be changing faster than ever before. I’m no expert, but I do know that if we don’t try to understand all the pieces of this complex puzzle, we’ll never be able to build the future we want. I don’t want to be left behind, so my book is an attempt at understanding the past and outlining a future of investing in people, the most undervalued asset class.

Ethan's book list on how past events will impact our future

Ethan Turer Why did Ethan love this book?

I love this book and try to reread it every couple of years.

This book doesn’t make any specific predictions about the future but instead identifies technological trends that are inevitable. 

Trends like accessing, tracking, and sharing, just to name a few. I like to think of the future as an ever-evolving entity that we get to shape. Kelly explains how technology changes in patterns that we can anticipate.  

If you feel like the increasing rate of technological change is getting too fast to keep up with, then I recommend reading—and rereading—The Inevitable.

By Kevin Kelly,

Why should I read it?

1 author picked The Inevitable as one of their favorite books, and they share why you should read it.

What is this book about?

“A quintessential work of technological futurism.” – James Surowiecki, strategy + business, “Best Business Books 2017 – Innovation”

From one of our leading technology thinkers and writers, a guide through the twelve technological imperatives that will shape the next thirty years and transform our lives

Much of what will happen in the next thirty years is inevitable, driven by technological trends that are already in motion. In this fascinating, provocative new book, Kevin Kelly provides an optimistic road map for the future, showing how the coming changes in our lives—from virtual reality in the home to an on-demand economy to…


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