Archive for June 2009
Benjamin Zander talks about Art of Possibilities
Benjamin Zander Talks (see the video) about giving A in relationships, finding the possibilities in every situation, taking control and being responsible , leaving behind should have been and going for what could be done now – A great read and more over – he says it all in the video
Power of Conversations – The Cluetrain Manifesto
Read it nothing more to say
www.cluetrain.com for the post and www.cluetrain.com/book to read the entire book
Knowing – Doing Gap by Jeffrey Pfeffer & Robert. I. Sutton
This book answered a question for me – being a philosophy graduate I get the question how did philosophy help you in your job, usually with a tinge of sarcasm and my answers were sloppy.
Authors emphasizes in this book that the transfer of philosophy behind a process or way of working is more difficult to transfer than the technical know-how. ‘Andon chords’ from Toyota Philosophy or ‘Freedom fighters’ from Southwest Airlines philosophy is difficult to copy than the less material processes. And companies who built their excellence around a set of philosophical values like Honda did with ’kaizen’ (continuous improvement), find themselves immune to competition who can copy everything else but the underlying belonging that the employees feel with an abstract concept which drives their tangible behaviour which forms the cornerstone of the organisation’s strategy or what can be called as it’s soul.
The authors also debates the importance given to talking and how many identifies talking with ‘doing’, quoting legendary Jack Welch who kept the ‘talking to minium’ and simple and emphasized ‘doing’ more. Celebrating the knowledge that comes from ‘doing’, promoting the informal communication and informal learning sessions and valuing them and playing down internal competition and driving that energy towards external warfare are some of the aspects they touch upon quite rightly and with great insight.
Limelight time in an MBA class room when you are called upon to comment on a certain issue (where your grades depend on an intelligent contribution) drives the behaviour and mindset to know how to smarttalk, but not to execute. When “Execution” is key to business success in any environment – you like me doubt whether you should spend money and time on an MBA which is only good enough to land job interviews.
Buffetology by Mary Buffet
Choice to read “Buffetology” came from the inquisitiveness to know how Warren Buffet go about making his investment decisions and the treat is this is written in such a simple language and examples given to connect to the real world and maths behind each decision.
Even though Mary admits part of investment decisions are art, she has vividly and lucidly depicted the science part of it, which is an eye opener for many of us not only when choosing to invest, but also when choosing an employer. Mary touches upon Warren’s eye for businesses with consumer monopoly, steady earnings, predictable futures and his deep understanding of tax laws and ability to make them work in his favour.
Warren is more keen on re-investments a company can make with its earnings than paying dividends ,because on dividends he will be taxed, and he will have to find another suitable investments to make his money work, however if the existing company can find suitable investments within its realm and expertise and which has similar predictable nature, why not let the management who earned your trust while making the initial investment re-invest your money? ( Trustable management and businesses with lucrative economics are hard to find)
A great read for those who want to know more about Warren, Wall Street, pitfalls and who is keen on long term investment
Want to hear Warren – Listen
Warren talks candidly about life, money
Warren emphasizes the point about investing in businesses he understand and how they will do in 10 years time
You can check out the rest on youtube.
One last one by Mary Buffet
Iconoclast – A neuroscientist reveals how to think differently
More than a how to book this is a handbook for the tribe of iconoclasts to understand what makes them so and how to use their tendencies in a constructive way – to use the same examples given by the author – to use it like Picasso rather than die like Van Gogh or Howard Armstrong. Iconoclasts are normally misfits in the society, however if you have the talent you can find the fan following to become an icon like Steve Jobs. Gregory Berns discusses several factors that make or break the lives of an iconoclast including the way they perceive the world, their social abilities and their break-away from the predictive coding of normal brains.
Majority of humanity go with the group even if their inner voice or organs tells them it is wrong to avoid confrontation. Iconoclasts not only confront, they change it into a movement with their social intelligence (that is if they are gifted). They know the best way to influence masses is to find people with inclinations and turn them into true believers and use this small convinced group to spread the fever.
The key learning for me from the book was how changes in perception – the reasons could be various – physical decapitation (loss of an eye), technological synchronization (projecting drawings on a screen with a projector), ostracism (different outlook towards the society and questioning of its norms) – lead to processing of information and experience into a different level unfamiliar to the masses
Psychological well-being at an emotionally challenging time
Did it connect, the title?
If yes, that’s how Ritz Carlton creates wow experience.
The answer is yes;…. Now what’s the question? Overheard in the corridors of Ritz Carlton hotel
This is how Joseph A. Mitchelli starts his book on Ritz Carlton- The New Gold Standard.
If you have worked in a corporate environment, I am sure you will be surprised to get a ‘yes’ response like me.
Check the link out to learn more http://corporate.ritzcarlton.com/en/about/goldstandards.htm

