Best Business Books section, an irrationally exuberant investment bubble got recently popped and the business world was coping with a worldwide tough economy. Now, as this feature enters its second decade, another irrationally exuberant investment bubble has popped and the global recession is back with greater ferocity. Apparently there is certainly some truth to the loosely translated epigram of French novelist Jean-Baptiste Alphonse Karr: The greater things change, the greater they stay the same. Although they cover a multitude of topics and fields, almost all of the written books presented in the seven essays forward are rife with dissatisfaction.
Many of their authors have monitored down root factors behind the devastation of financial value and prescribed radical solutions to them. Judging by the fact that the expert essayists we recruited to cull this year’s stack of business books decided these particular game titles, it’s fair to suppose that they too would welcome a change that alters the position quo. Professor of business ethics James O’Toole, that has added an unbroken chain of insightful annual essays since 2001, leads off with books that light up the interpersonal role of business.
Karr-like, he discovers that for all the visible change we experience, the defining characteristics of “good” companies remain the same as time passes – as will the shortcoming of market leaders to sustain them. Next, IMD professor Phil Rosenzweig brings his sharp eye for defects in business logic to his survey of the year’s books on strategy.
He chooses three books that eschew formulaic, proper approaches to concentrate on the essential questions executives must consider as they decide the path of their company. David K. Hurst, writer and our regular Books in Brief reviewer, assumes the always-packed racks of new books on management. His picks light up the struggle for the future of Western management practice and thought – and suggest the types of changes, and their magnitude, that may be needed to ensure that we move beyond business as normal.
Award-winning financial journalist David Warsh picks the year’s best books on economics. Journalist Catharine P. Taylor brings two decades of perspective to her roundup of the year’s best books on marketing. She finds a trio of persuasive books that reject standard marketing “window dressing” for further socially responsible and engaging methods, but adopting such approaches would require some corporate reinvention clearly.
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We placed this year’s selections for best command books in the capable hands of Barbara Kellerman, a professor at Harvard University’s John F. Kennedy School of Government. In her first-best business books article, Kellerman bypasses leadership theory for leaders’ lives, picking two biographies of American presidents, and a presidential memoir that illuminate four lessons for better understanding professional effectiveness.
Michael Schrage of MIT’s Sloan School of Management and London’s Imperial College returns to your web pages with an article on the best books on technology. His options broaden our understanding of how technology and folks interact and evolve, creating advancement ecosystems along the way. Listed below are it’s best business books. I am hoping they are found by you as deserving as we do and take some of their suggestions to center. If you do, we might not be reliving this same cyclical chaos 10 years hence.
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