Transcript
Page 1: 14 FROM 14: THE BEST BUSINESS BOOKS OF 2014 -SUMMARISED

14 FROM 14

THE BEST BOOKS OF 2014

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WHAT IS ?

A library of over 250 books

A blog

A series of printed books

iphone and ipad apps

One-page summaries

One-sentence summaries

Training programmes

Keynote speeches

A fertile source of new ideas

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LEADERSHIP

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PHIL ROSENZWEIG

Left Brain Right Stuff

To make the best decisions,

leaders need a blend of clear

detached thinking (left brain)

and courage to take action

(right stuff).

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PHIL ROSENZWEIG

Left Brain Right Stuff

To make winning decisions, leaders require two skills:

1. Left brain: a talent for clear analysis (logic)

2. Right stuff: the willingness to take bold action (bravery)

• Success calls for calculation and courage, action as

well as analysis. The best questions are:

• Are we making a decision about something we

cannot control, or are we able to influence

outcomes? If you can’t, don’t bother. Equally, many

managers underestimate the effect they can have.

• Are we seeking an absolute level of performance, or is

performance relative? Are we trying to do well, or to

do better than our rivals. Constantly looking at the

competition can be irrelevant, but needing to exert

control and outperform rivals is the hardest thing.

• Are we making a decision that lends itself to rapid

feedback, so we can make adjustments and improve

a next effort? If not, think harder to reduce error.

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LEADERS EAT LAST

Simon Sinek

Effective leaders manage the

people, not the numbers –

making them feel safe and

keen to follow.

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LEADERS EAT LAST

Simon Sinek

• Proper leaders run headfirst into the unknown & put

their interests aside for the greater good. They would

sooner sacrifice what is theirs to save what is ours.

• This makes followers feel safe (a primal need), which is

why they work tirelessly to see their leaders’ visions

come to life. In a circle of safety, we feel we belong.

• The title refers to the tradition in the US Marines in

which, at mealtimes, the junior people are served first.

The true price of leadership is the willingness to place

the needs of others above your own.

• Our needs are based on the chemicals we crave:

Endorphins – mask physical pain in ‘the runner’s high’,

Dopamine – creates a good feeling and is a perpetual

incentive for progress

Serotonin – the leadership chemical - pride from respect

Oxytocin – friendship, love and deep trust – the

cornerstone of teamwork

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CONSIGLIERI

Richard Hytner

Being a successful no.2 can

be just as rewarding as being

No.1.

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CONSIGLIERI

Richard Hytner

• This book is all about leading from the shadows, and it

celebrates the role of the right-hand man, or consigliere

(the name given to the closest adviser to mafia heads).

• Not everybody can be number one and, perhaps more

importantly, not everyone wants to be.

• Although it is easy to disparage the role of those who are

‘No.2’, these people often determine the fate of

companies and countries.

• As (top leaders) and Cs (consiglieri) share similar qualities

founded on trust, credibility, confidence and emotional

intelligence.

This is expressed as an equation: LQ = TQ(C+C) x EQ, where:

LQ = Leadership Quotient

TQ = a multiple of your credibility times your confidence

EQ = Emotional Quotient

Those with leadership aspirations should try both roles if

possible before settling into one or the other.

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BREVITY

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BRIEF

Joseph McCormack

You can make a bigger

impact by saying less – map it,

tell it, talk it, and show it.

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BRIEF

Joseph McCormack

• You can make a bigger impact by saying less.

• Most communications are unfocused and unclear.

• Most people are inundated and highly inattentive.

• Being brief isn’t a nicety, it’s a necessity.

• People who struggle with brevity suffer variously from

cowardice, (over) confidence, callousness, comfort,

confusion, complication, and carelessness.

• Audiences that are mind-filled rather than mindful suffer

from inundation, inattention, interruption & impatience.

• To communicate effectively and efficiently:

1. Map it – map out the argument, then condense and

trim volumes of information from it.

2. Tell it – use narrative storytelling to explain the message

in a clear, concise and compelling way.

3. Talk it – the TALC system helps controlled, productive

conversations: Talk, Actively Listen, Converse.

4. Show it – use visuals to attract attention and capture the

imagination.

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TALK LEAN

Alan Palmer

Talking lean means combining

directness with politeness to

develop quicker results and

better relations.

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TALK LEAN

Alan Palmer

• You can benefit from shorter meetings, quicker results

and better relations by following a method

• How would you like to be spoken to? People want:

• Content: clear, direct, straight to the point, simple,

precise, concise, concrete

• Manner: polite, calm, respectful, courteous, warm,

with humour if possible.

• Most meetings and conversations are opened without

reference to real intentions. Changing this makes

everything work better. Start at the end & work back.

• Three elements interlock to make this work:

1. My meeting objective.

2. What I did to prepare the meeting.

3. My state of mind.

• Three things affect levels of understanding:

• Unsaid: things that are thought or but not mentioned.

• Said: uttered, but counterproductively.

• Ineffective listening: rigorous listening to yourself.

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INNOVATION

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THE INNOVATION BOOK

Max McKeown

It is possible to become a

competent innovator by being

aware of powerful techniques

and approaches that have

succeeded elsewhere.

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THE INNOVATION BOOK

Max McKeown

• This is a workbook that explains how to manage ideas

and execution for outstanding results. It provides a

comprehensive overview of the innovation genre.

• An innovator’s approach involves collecting ideas,

transforming them into something else, exploring them in

detail, and nurturing them through to execution.

• You need a healthy dissatisfaction to achieve this – an

unwillingness to accept traditional limitations, a restless

desire for novel experiences, and a frustration with things

as they currently are.

• It takes a fair amount of pain to make progress.

Unnecessary pain: avoidable mistakes/uncaring

application.

Industry pain involves existing structures that hold things up.

People pain is where individuals struggle to make progress.

Necessary pain is the total effort to develop and make room

for the new (and better) idea.

• Quitting can be winning. Knowing when to give up and

try something else can save a lot of wasted effort.

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THE FIRST MILE

Scott Anthony

The first mile of any innovation

is fraught, but it can be

successfully navigated by

following a diligent process.

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THE FIRST MILE

Scott Anthony

• The first mile is where an idea moves from an idea on

paper to existing in a market. This stage is the one most

commonly afflicted with failure. It’s where danger lurks.

• Less than 1% of ideas launched by big companies end

up working.

• The ideas aren’t the problem – it’s the process. The

author proposes one called DEFT:

Document: write down the answer to these questions: is

there a need, can we deliver, do the numbers work, and

does it matter?

Evaluate: multiple perspectives, & what the unknowns are.

Focus: work out the deal killers and path dependencies

(uncertainties that affect subsequent strategic choices).

Test: learn and adjust, use small teams, design tests

carefully, savour surprises.

Fill out the 4P model: population, purchase frequency,

price per transaction, penetration. This piece of maths

gives a feel for likely success.

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COLLABORATION

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A BIGGER PRIZE

Margaret Heffernan

Persistent competition is

frequently divisive, so we are

more likely to achieve better

outcomes by collaborating.

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A BIGGER PRIZE

Margaret Heffernan

• We do much better when we work together.

• Competition for fame, money, attention, status, and

more doesn’t work very well. It regularly produces

what we don’t want.

• Many individuals and organisations are finding

creative, cooperative ways to work together. Some

call that soft, but it’s arguably harder

• Examples of unproductive competition include:

Sibling rivalry – children are 93% more naughty when a

sibling is born

Education – by making pupils chase grades rather than

learning experience - product is prized over process

Status – our sensitivity to power and rank is immediate,

unconscious and persistent

Sport – relentless competition stops you being who you

are, and winning at all costs comes at a price

Business – anything successful is now cloned, reducing

originality

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BEHAVIOURAL ECONOMICS

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THINK LIKE A FREAK

Levitt & Dubner

Understand and decipher

incentives and measure results

accurately, and you are much

more likely to solve problems.

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THINK LIKE A FREAK

Levitt & Dubner

Thinking like a freak involves three relatively simple ideas:

1. Incentives are the cornerstone of modern life.

Understanding or deciphering them is the key to

understanding a problem and how it might be solved.

2. Knowing what to measure and how to measure it can make

a complicated world less so.

3. Conventional wisdom is often wrong. As a result, you should:

Think like a child: saying “I don’t know” is very powerful and

liberating. There’s no need to be embarrassed by how much

you don’t know – often it leads to a better way.

Think like a rock star: David Lee Roth’s famous backstage rider

banning all brown M&Ms disguised something far more

inspired. Van Halen’s show required major resources and

detailed planning from the venues they played – if the

promoters hadn’t read the detail on page 40 of the contract,

then everything else needed checking too.

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CREATIVITY

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HEGARTY ON CREATIVITY

John Hegarty

To be an effective creative

person you need constantly to

absorb varied stimuli,

reinterpret what you see,

identify a simple emotional

truth, and re-present it in a

fresh way.

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HEGARTY ON CREATIVITY

John Hegarty• The blank page is the greatest challenge facing the creative

person. Start small, with anything

• An idea is ‘a thought or plan formed by mental effort’.

• Originality is dependent upon the obscurity of your sources.

There’s no such thing as pure originality.

• We are all artists, but some of us shouldn’t exhibit. Modern

technology allows us all to publish - it doesn’t mean we should.

• Complexity destroys profitability. The power of reduction

means taking a complex thought and reducing it down to a

simple, powerful message.

• What the heart knows today, the head will understand

tomorrow. When it comes to creativity, instinctive feeling wins.

• Ideas are often at their best when inspired by anger, or an

unexpected juxtaposition, (zig when they zag)

• Creative people are transmitters – absorbing diverse, random

messages, and reinterpreting and them in new and fresh ways.

• Creativity isn’t an occupation – it’s a preoccupation.

• Remove your headphones - inspiration is all around us.

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THE SPARK

Greg Orme

You can foster a more

creative organization by

adopting ten helpful habits.

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THE SPARK

Greg Orme

• The 10 habits of successful creative leadership:

1. Start an electric conversation – passionate people provide the rocket fuel

2. Break the management rules – too many of them stifle innovation

3. Lead with creative choices – hear the weak signals and develop them

4. Become a talent impresario – fill your company with creative talent

5. Know why you do what you do – you need an inspiring sense of purpose

6. Connect through shared values – this philosophy binds everyone together

7. Build a business playground – a lively atmosphere at work yields more ideas

8. Balance focus with freedom – learn to deal with creative tensions

9. Demolish idea barriers – outward-facing collaborative cultures work best

10.Encourage collisions – create space where people bump into each other unexpectedly

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ECONOMICS

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MONEY BLOOD & REVOLUTION

George Cooper

Economic growth is generated

by a circulatory flow of wealth

through society – upward from

the private sector and

downward by the state.

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MONEY BLOOD & REVOLUTION

George Cooper

• Economics is a broken science, believing in multiple,

inconsistent things at the same time - a subject in crisis.

• Meanwhile mathematical models are becoming more

complex but their predictive ability is not improving.

• There are 5 stages in a scientific crisis:

1. Discrepancies show – the prevailing paradigm begins

to fail the empirical test.

2. Disagreements start – experts look for small ad-hoc fixes

to their theories.

3. Revolution – a new paradigm emerges that resolves

many of the problems of the field.

4. Rejection – backlash starts & the old guard say it’s

rubbish.

5. Acceptance – younger, open-minded students adopt

the new paradigm and become leaders in explaining it.

• The economy is like a circulatory system (like blood

flow). It helps to reconcile the role of the state

(downward flow) and the private sector (upward).

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PERSONAL APPROACH

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FREE!

Chris Barez-Brown

Life and work are intrinsically

linked, so if you want to live an

extraordinary life, your work

needs to resonate with a

strong sense of purpose.

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FREE!

Chris Barez-Brown

• The message of this book is Love your work, love your life.

• Life and work are intrinsically linked, so if we want to live

an extraordinary life, our work needs to be extraordinary.

• And that means it needs to resonate with a strong sense

of purpose.

• Work is your slave, not the other way round. No one

makes you work - the choice is yours.

• Reflection time is crucial to build in to each working day.

• There’s no such thing as bad people, just bad actions.

• Be nice to people and it will be nicer for you.

• You have to love yourself before you can love others.

• Our self-worth should never be dictated to by other

people’s opinions.

• With a blank sheet how would you design your job?

• We have on average 27,350 days on the planet, and

10,575 will be spent at work.

• Vergaderziekte is Dutch for ‘meeting sickness’. Try to

have fewer of them.

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BUSINESS GENIUS

James Bannerman

Sharpen your skills and have an

immediate effect on your business

by making a series of small changes

to your approach in a range of situations.

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BUSINESS GENIUS

James Bannerman

• Sharpen your thinking three main areas:

1. Yourself: boost your focus, confidence, resilience and

time management

2. Your business: drive, grow and hone your competitive

advantage, innovation and collaboration

3. Your impact: develop your influence, creativity,

negotiation and leadership skills

• If you want someone to agree with you, work out what

type of person they are and make the right case:

• Results (orientated): don’t bore them with details. Make

snappy points.

• Emotions: show genuine interest in feelings. Give help &

support.

• Abracadabra: give it some magic. Make it interesting

and sparky.

• Data: make research, facts, & figures perfectly precise.

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HOW TO USE

• Be inquisitive

• Make the time

• Understand the lines of argument

• Take a view

• Inform your work

• Enjoy the debate

• Ask Kevin to speak or train

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KEVIN DUNCAN

More detail at:

www.greatesthitsblog.com

Ask Kevin to speak or train:

07979 808770

[email protected]

Twitter: @kevinduncan


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