Wednesday, October 28, 2009

Billy, Alfred and General Motors

General Motors is arguably one of the biggest auto makers in the world. It is a fortune 500 listed company, which has defied all odds to become a great company it is today.

Billy Durant, the high-school dropout who founded General Motors, was the consummate salesman - brilliant, shrewd, and unflaggingly energetic.

Hailed as the most brilliant CEO of the 20th century, Alfred Sloan, GM's third president, was an educated intellectual and an expert in business, strategy, management, and all things organizational.

This odd couple built what is perhaps the most successful enterprise in U.S. history - one whose ascent created an industry that has come to symbolize the modern world.

Billy, Alfred, and General Motors, provides fascinating new insights into Durant and Sloan's conflicting, yet groundbreaking, definitions of what a corporation should be - definitions that have had an unprecedented socio-economic impact on the past century in the way companies deal with employees, investors, and government.

It also bears witness to the birth of the U.S. auto industry and, in doing so, brings a uniquely American historical period to life.

This book is a valuable collection you must have in your library.

Wednesday, October 7, 2009

Strategic Customer Service

Good customer service is the lifeline of any company which seeks to establish meaningful relationships with its customers. Customer service has a tremendous effect on customers’ attitudes toward a company, repeat business and referrals are usually a result of good customer service.

In his Book Strategic Customer Service, John A. Goodman emphasizes the importance of treating customers well and having a clearly defined customer service offer. He emphasizes that Customer service should be the hallmark of every organisation if it wants to transform its fortunes.

He states that customer service culture should be imbibed from top management to the lower levels. Every staff member within the company must be well versed in how the company treats its customers.

Research has found out that service is a great differentiator for any serious business, as it is not easily replicated, service is a culture, its like the DNA of the company. If you are a manager or aspiring to run your own business, this book will open your mind and help you take your customer care initiatives to a new level.

Happy Reading!!!!!



Thursday, September 17, 2009

Retail In Detail

If you you have a passion for retail business, you will find Retail in Detail a book by Ronald Bond a very useful resource. Indeed success depends on the details, experienced retail entrepreneur Ronald L. Bond leaves no question unanswered when it comes to reaching your dream of starting and running your own retail business.

Ronald provides comprehensive, step-by-step instructions, from planning the launch of your business to running your new business. In this book you will learn to: Budget for startup and establish a financial plan, Select the ultimate location and develop your brand image, Select, price and market your product, Manage inventory to decrease expenses
Keep your business up-to-date and competitive in the electronic age, Meet legal and regulatory requirements and to manage your daily operations

The book clearly shows you the trial and error that comes with starting a retail business from scratch, Bond shares firsthand experiences, lessons learned, and informative anecdotes that have helped thousands of aspiring retail entrepreneurs just like you to succeed!

If you love retailing this book is a must have in your library. Rememeber you can get this book in either ebook or hardbook formats at: Amazon books.


"May the grace of the Lord Jesus Christ, and the love of God, and the fellowship of the Holy Spirit be with you all" - 2 Corinthians 13:14

Tuesday, September 15, 2009

Igniting the third Factor


Numerous studies have proven that coaching can increase performance much more than skill-focused on the job training. Most managers, never master the basic principles of successful coaching. Dr Peter Jensen in his book Igniting the Third Factor, describes five practices that characterize exceptional coaches and explains how each can be used in any leadership setting. He profiles five key factors which are fundamental in business coaching. All five factors have a common denominator: they are all grounded in a strong developmental bias, the goal is to inspire individuals to actively participate in their own development. Jensen calls this individual-driven development the Third Factor.

In Igniting the Third Factor, Jensen encourages leaders to ignite the Third Factor in their performers, employees, and workers through self-management, trust building, imagery, uncovering and working through blocks, and embracing adversity.

I am still reading this book, but what i have so far grasped is enough to set me on a new path towards imparting and bringing the best in all the people i interface with. I strongly believe if you take time to read this book, you will experience the same effect and you will never be the same person again.

This is a must have book in your library. Remember reading broadens your horizon.

Happy reading!!!!




Monday, September 7, 2009

How to Grow When Markets Dont

Waal, it has been more than a month since a posted any book review on this site. I have been travelling and hardly had time to read any book. I am now back and postings with valuable reviews on business books will start flowing from today. I have just finished reading a very interesting and challenging book by Adrian Slywotzky, Richard Wise and Karl Weber. It’s a book called 'How to Grow When Markets Don't.

It’s a truly eye-opening business book, which shows how old-line companies are creating new profits through "demand innovation." This powerful approach focuses on recognizing the opportunities that surround a product instead of merely improving the product itself. Used in a variety of industries, demand innovation asks: Where do customers spend the most time and money in areas related to my product or service? How can I help them improve their operations, reduce their risk, or grow their own revenues? The answers lead to huge growth opportunities for both business-to-business and consumer markets.

This book is packed with many other thought-provoking success stories, insights on how to mine your company's hidden assets, and "moves for Monday morning" that can immediately improve your bottom line, HOW TO GROW WHEN MARKETS DON'T addresses today's economic challenges by providing powerful and practical strategies to generate new growth.

This book is a must have for all business managers. Buy this book today here: http://www.amazon.com/gp/homepage.html?ie=UTF8&tag=ebookclubb-20

Happy reading!!!!!!

Wednesday, July 22, 2009

How to Get Rich

Today I am reviewing a book by a man i respect so much and idolize in the Real Estate business, Mr. Donald Trump. Donald Trump is the Chairman and CEO of the Trump Organisation, a US-based real-estate developer. Trump is also the founder of Trump Entertainment Resorts, which operates numerous Casinos and hotels across the world.

‘How to get Rich" is a candidly written account of the daily events in the life of Trump. He discusses real estate, business leadership, his empire, the media, and "the art of the hair"!

How to Get Rich is far from an academic read, which makes it a fast paced conversational-like book. The author is one of the most well known faces in New York, particularly after the success of his reality TV program, where he made the term "You're Fired" famous. Trump is a proud man that is proud of his achievements and is quite happy to talk about them. This book will give you an overview on how he runs his vast empire, the people who help him run the Trump Organisation and his approach to managing businesses particularly edifice properties. I bet you will learn the ropes of dealing and closing deals effectively. Trump is a shrewd businessman who has demostrated high levels of business acumen. Its worthwhile reading this book.

Its a must have in your library. To your Sucesss!!!!

Friday, July 3, 2009

Made to Stick


Made to Stick is a book that will transform the way you communicate ideas. It’s a fast-paced tour of success stories (and failures): the Nobel Prize-winning scientist who drank a glass of bacteria to prove a point about stomach ulcers; the charities who make use of the “Mother Teresa Effect”; the elementary-school teacher whose simulation actually prevented racial prejudice. Provocative, eye-opening, and often surprisingly funny, Made to Stick shows us how we can apply these rules to making our own messages stick.

Principle 1: Simplicity

How do we find the essential core of our ideas? A successful defense lawyer says, “If you argue ten points, even if each is a good point, when they get back to the jury room they won’t remember any.” To strip an idea down to its core, we must be masters of exclusion. We must relentlessly prioritize. Proverbs are the ideal. We must create ideas that are both simple and profound. The Golden Rule is the ultimate model of simplicity: a one-sentence statement so profound that an individual could spend a lifetime learning to follow it. Finding the core” means stripping an idea down to its most critical essence. To get to the core, we’ve got to weed out superfluous and tangential elements. But that’s the easy part. The hard part is weeding out ideas that may be really important but just aren’t the most important idea. The Army Commander’s Intent forces its officers to highlight the most important goal of an operation. The value of the Intent comes from its singularity. You can’t have five North Stars, you can’t have five “most important goals,” and you can’t have five Commander’s Intents. Finding the core is analogous to writing the Commander’s Intent – it’s about discarding a lot of great insights in order to let the most important insight shine.

Principle 2: Unexpectedness

How do we get our audience to pay attention to our ideas, and how do we maintain their interest when we need time to get the ideas across? We can use surprise – an emotion whose function is to increase alertness and cause focus – to grab people’s attention. And for our idea to endure, we must generate interest and curiosity. Nordstrom is a department store known for outstanding customer service. That extra service comes at a price: Nordstrom can be an expensive place to shop. Yet many people are willing to pay higher prices precisely because Nordstrom makes shopping so much more pleasant.

Principle 3: Concreteness

Jane Elliot, an elementary-school teacher in Iowa ,USA found herself trying to explain Martin Luther King, Jr.’s death to her classroom of third-graders. She aimed to make prejudice tangible to her students. At the start of class, she divided the students into two groups: brown-eyed kids and blue-eyed kids. The groups were separated. She made a shocking announcement that the brown-eyed kids were superior to blue-eyed kids. Elliot was shocked at how quickly the class was transformed. She watched those kids turn into nasty, vicious, discriminating third-graders. Even their performance on academic tasks changed. Elliot’s simulation made prejudice concrete – brutally concrete. It also had an enduring impact on the students’ lives. She turned prejudice into an experience. How do we make our ideas clear? We must explain our ideas in terms of human actions, in terms of sensory information. This is where so much business communication goes wrong. Mission statements, synergies, strategies, visions – they are often ambiguous to the point of being meaningless. Naturally sticky ideas are full of concrete images, because our brains are wired to remember concrete data. Speaking concretely is the only way to ensure that our idea will mean the same thing to everyone in our audience.

Principle 4: Credibility

How do we get people to believe our ideas? We’ve got to find a source of credibility to draw on. Sometimes the wellsprings are dry, Barry Marshall discovered in his quest to cure the ulcer. Drawing on external credibility didn’t work. The endorsement of his supervisors and his institution in Perth didn’t seem to be enough. Drawing on internal credibility didn’t work either – his careful marshalling of data and detail still didn’t help him clear the bar. In the end, what he did was draw on the audience’s credibility – he essentially “modelled” a testable credential by gulping a glass of bacteria. The implicit challenge was: See for yourself – if you drink this gunk, you’ll get an ulcer, just like I did. It’s not always obvious which wellspring of credibility we should draw from. What Marshall showed so brilliantly was perseverance – knowing when it was time to draw on a different well? Regardless of your level of “natural creativity,” this book will show you how a little focused effort can make almost any idea stickier, and a sticky idea is an idea that is more likely to make a difference. This is a must have book in your library.