Category: Books

Books on Leadership – Warren Bennis

warrenbennisWarren Bennis is a renowned leadership expert. A scholar, organizational consultant, professor, writer, author, he is a Distinguished Research Fellow at the Harvard Business School and is the chairman of the Leadership Institute at the University of Southern California and the Center for Public Leadership at Harvard’s Kennedy School. And he has worked as adviser to four U.S. Presidents – John F. Kennedy and Ronald Reagan. He also worked as consultant for the Fortune 500 companies such as GE, Ford and Starbucks.

Bennis has authored more than 25 books on leadership, organizational change and creative collaboration and which has been translated into 21 languages.

Acclaim for Warren Bennis:
In 1993, The Wall Street Journal named him one of the top ten speakers on management.
In 1996, Forbes magazine referred to him as the “Dean of Leadership Gurus”
In 2000, The Financial Times named him “the professor who established leadership as a respectable academic field”
In 2007, Business week ranked him “one of the top ten thought leaders in business”

In this article, we will discuss three of his best leadership books that helps small business owners in leading their business effectively.

1. On Becoming A Leader: This is an outstanding book written by Warren Bennis in 1989. Today, the revised edition is available. This book mainly deals with leadership – how one can obtain strong leadership qualities to become a leader. Here author gives you the basic ideas of leadership and its methods of implementation.

This book is divided into 10 chapters as follows:

  1. Mastering the context: The author says that there are four steps in mastering the context – becoming self-expressive, listening to the inner voice, learning from the right mentors and giving oneself over to a guiding vision.
  2. Understanding the basics: Basic ingredients of leadership are guiding vision, passion, self-knowledge, candor, maturity, trust, curiosity, and daring. Author says that we are not born with them but they must develop – Leaders are not born; they are made.
  3. Knowing yourself: Outlines on four lessons of self-knowledge – You are your own best teacher, accept responsibility, blame no one, you can learn anything you want to learn. True understanding comes from reflecting on your experience. Knowing yourself builds confidence and helps to lead people.
  4. Knowing the world: Know the world through learning. Author talks about maintenance learning, shock learning, innovative learning. He also says, it is important to understand the principles of human behavior to lead people.
  5. Operating on instinct: Leaders make right decision even with limited information and set the direction to people. Bennis calls this ‘a guiding vision’.
  6. Deploying yourself: Strike hard, try everything: Steps of leadership – reflection leads to resolution, resolution leads to perspective, perspective leads to point of view, point of view leads to tests and measures, test and measures lead to desire, desire leads to mastery, mastery leads to strategic thinking, strategic thinking leads to self-expression, the synthesis of self-expression is equal to leadership.
  7. Moving through chaos: The author says leaders learn by leading challenges – that is, problems make leaders. Also, leaders transform their experience into wisdom, which in turn changes the culture of the organization where they are working.
  8. Getting people on your side: There are mainly four ingredients a leader should possess to gain the trust of the followers – constancy, congruity, reliability and integrity.
  9. Organizations can help or hinder: Organizations’ vision work at three levels – strategic: organization’s running philosophy, tactical: putting the philosophy into action, and personal: how the philosophy is presented in the behavior of employees. Leaders must communicate, encourage and praise their followers.
  10. Forging the future: According to Bennis, there are 10 factors for forging the future such as leaders manages the dream, embrace errors, encourage reflective backtalk, encourage dissent, posses noble factors – optimism, faith and hope, develops understanding, possessing the touch, sees the long view, understand the stake holders and creates strategic alliance and partnerships.

Prominent reviews on this book:

  • “Clearly Bennis’s best work in a long line of impressive, significant contributions.” – Business Forum
  • “This is Warren Bennis’s most important book.” – Peter Drucker
  • “The lessons here are crisp and persuasive.” – Fortune

This book is available in Paperback and Kindle Edition.

2. The Future of Leadership: Today’s Top Leadership Thinkers Speak to Tomorrow’s Leaders
The Future of Leadership is a collection of essays by renowned leadership gurus. These essays were first presented at a special event celebrated at Marshall School of Business to honor Warren Bennis. The organizers labeled him as a “Festschrift (a German term for a volume of essays contributed by colleagues as a tribute to a scholar). At the event, Bennis was questioned on – what makes him awake at night and challenge his intellect and curiosity. He replied with a series of challenging issues that the tomorrow’s leaders have to understand and resolve if they wanted to succeed. These challenging issues are presented in the first chapter of the book – disparity of talent, demographic changes between young and old and balancing the demands of work and home and many others.

This is one of the most recommended books by leadership experts. Charles Handy, Tom Peters, Edward Lawler, Jim Kouzes, Barry Posner as well as other Silicon Valley entrepreneurs offer their valuable insights on challenges that the leaders of new million confront.

This book is divided into six parts:

  • Part 1: Setting the Stage for the Future
  • Part 2: The Organization of the Future
  • Part 3: The Leader of the Future
  • Part 4: How Leaders Stay on Top of Their Game
  • Part 5: Insights from Young Leaders
  • Part 6: Some Closing Thoughts

This book is available in paperback, hardcover and kindle.

3. The Essential Bennis: The Essentials of Bennis is a curated book with remarkable collection of Bennis’s experience in his life and career of more than fifty years – issues, challenges, achievements, and how these experiences influenced his ideas on leadership. In this book, you can see many aspects of leadership such as how organizations build or oppose leaders, what it means to become a leader, leadership is a performing art, how to cultivate leadership qualities in others, how media describes a leader.

This book is divided into six parts:

  • Part 1: My life as a leader
  • Part 2: How organizations create or thwart leaders
  • Part 3: On becoming a leader
  • Part 4: Leadership as performance
  • Part 5: Cultivating leadership in others
  • Part 6: Leadership and media

In order to enhance readers’ experience, each essay of this book is illuminated with the comments of Bennis’s collaborators and friends such as Charles Handy, Rosabeth Moss Kanter, Glenn Close, Steven Sample, Frances Hesselbein, Howard Gardener and Bill George.

Prominent Reviews on this book:

  • “…anticipated the flourishing of collaborative efforts that laid down the architecture for open sourcing and information–sharing on a grand scale…” ( Financial Times)
  • “It is brilliantly curated…and a fine collection of [Warren Bennis’s] best thinking. I am thrilled to have it and I am sure the world will be as well.” — Howard Gardner, Hobbs Professor of Cognition and Education, Harvard Graduate School of Education


Books by Leaders ~ John Adair

JohnadairfinalJohn Adair is world’s leading authority on leadership and leadership development and one of the 40 leading people who have contributed to the development of management thought and practices across the world. This international leadership consultant advises a wider range of organizations in business, government, voluntary sector, education and health. He has written over 50 books on leadership, management and history that have been translated into eighteen languages. Here, we are mentioning books that help small business owners in developing and encouraging your employees for the organization success.

“John Adair is the first professor of Leadership Studies in the world and he remains the most distinguished figure in the field.” ~ The Sunday Times

“Authoritative and Wise.” ~ Warren Bennis, Distinguished Professor of Management, University of Southern California

  • How to Grow Leaders: The Seven Key Principles of Effective Development ~ John Adair
  • This is a groundbreaking book on leadership development, helps managers and trainers to encourage and develop the leadership skills in others while gaining excellence as leader by themselves. This provoking book is divided into two parts:

    1. Part 1: “Exploring Leadership – A personal Odyssey” (In this part 1, the author takes you to a journey of discovery on the nature of leadership, and how it can be taught)
    2. Part 2: “How to Grow leaders– The seven principles” (In this part 2, author identifies the seven key principles and answers the questions on how to select, train, educate leaders at team, operational and strategic levels)
      1. Principle 1: Training for leadership
      2. Principle 2: Selection
      3. Principle 3: Line managers as leadership mentors
      4. Principle 4: The chance to lead
      5. Principle 5: Education for leadership
      6. Principle 6: A strategy for leadership development
      7. Principle 7: The chief executive
    3. This book is available in Kindle, Hardcover and Paperback

  • Effective Leadership Masterclass: Secrets of success from the world’s greatest leaders ~ John Adair
  • This is a wonderful guide that teaches aspiring managers on the essential leadership skills required to be a successful leader. In this book, author illustrates the principles and philosophy of great leaders such as Julius Caesar, Alexander the Great and Napoleon; Churchill, Charles de Gaulle and Abraham Lincoln; Field Marshalls Slim and Montgomery. This helps managers how to apply these principles in their own methods.

    The author elucidates various issues such as whether knowledge and experience are enough to make someone as a leader, what the critical leadership styles are. This books teaches managers to become a better manager by illlustrating on:

    1. How to remain calm under pressure?
    2. How to make the right decisions?
    3. How to communicate effectively?
    4. How to inspire while informing?

    This book consists of 10 chapters:

    1. Leadership through knowledge
    2. Leadership skills
    3. A leader of leaders
    4. Charisma
    5. The servant leaders
    6. Nelson
    7. Making the right decisions
    8. The art of inspiring while informing
    9. Styles of leadership
    10. Leadership for tomorrow

Books by Leaders ~ John C Maxwell

John MaxwellJohn C Maxwell is a renowned leadership expert, entrepreneur, speaker, coach and author. He founded EQUIP and the John Maxwell Company. He trained more than five million leaders in 126 countries. He has inspired numerous Fortune 500 companies, international government organizations, non-profit and educational institutions. He is enthusiastic to leadership, and likes to learn and grow in leadership, to help other grow as leaders. He tailors each presentation such that it is in sink with the specific audience.

In the words of Kevin Turner, Chief Operating Officer, Microsoft Corporation, “We have seen a positive impact on our business since we brought John in to speak to our global leadership team. His influence and teachings lifted our leaders and improved our leadership capability. We look forward to having him back.”

Maxwell is a best-selling author of New York Times, Wall Street Journal and Business Week who has sold over 19 million books. He authored over 70 books on various topics in leadership, communication, success, relationships, teamwork, attitude and personal growth. In this article, we are going to review one of his best books that help small business owners in enhancing leaderships skills and help boost their employees’ productivity.

The 21 Irrefutable Laws of Leadership: Follow Them and People Will Follow You – John C. Maxwell

In this book, John C. Maxwell highlights 21 irrefutable laws on leadership and explains each law with a story relevant to it. Each law works like a tool and is easy to learn, practice and apply them at your workplace. At the end of each chapter, exercises are given, which help you to put them into practice.

As you read this book, you will come to know some of the laws that are already in practice and some are not. Author says, “No matter where you are in learning process of leadership: the greater number of laws you learn, the better leader you will become.”

Takeaways from the book: There are many positive things that a reader can learn from this book such as leadership develops daily, and not in a day; trust is the foundation of leadership; leaders find a way for their team to win and many more. This is one of the most recommended books for those who aspire to become leaders.

John C Maxwell has distilled the art of leadership into 21 laws. These laws not only help at your workplace but also at your personal life. Enumerated are the laws:

  1. The Law of the Lid: Leadership Ability Determines a Person’s Level of effectiveness.
  2. The Law of Influence: The True Measure of Leadership is Influence- Nothing More, Nothing Less.
  3. The Law of Process: Leadership Develops Daily, Not in a Day.
  4. The Law of Navigation: Anyone Can Steer the Ship, but It Takes a Leader to Chart the Course.
  5. The Law of Addition: Leaders Add Value by Serving Others.
  6. The Law of Solid Ground: Trust is the Foundation of Leadership.
  7. The Law of Respect: People Naturally Follow Leaders Stronger Than Themselves.
  8. The Law of Intuition: Leaders Evaluate Everything with a Leadership Bias.
  9. The Law of Magnetism: Who You Are Is Who You Attract.
  10. The Law of Connection: Leaders Touch a Heart Before They Ask for a Hand.
  11. The Law of the Inner Circle: A Leader’s Potential is Determined by Those Closest to Him.
  12. The Law of Empowerment: Only Secure Leaders Give Power to Others.
  13. The Law of the Picture: People Do What People See.
  14. The Law of the Buy-In: People Buy In to the Leader, Then the Vision.
  15. The Law of Victory: Leaders Find a Way for Their Team to Win.
  16. The Law of the Big Mo: Momentum is a Leader’s Best Friend.
  17. The Law of Priorities: Leaders Understand That Activity Is Not Necessarily Accomplishment.
  18. The Law of Sacrifice: A Leader Must Give Up to Go Up.
  19. The Law of Timing: When to Lead Is As Important As What to Do and Where to Go.
  20. The Law of Explosive Growth: To Add Growth, Lead Followers-To Multiply, Lead Leaders.
  21. The Law of the Legacy: A Leader’s Lasting Value Is Measured by Succession.

Prominent reviews on this book:

  • “Our nation and its institutions are crying out for leaders. John Maxwell . . . shows us the true path to leadership through the application of timeless principles supported by the bedrock of personal character.” – Edward C. Emma, President & COO, Jockey International, Inc.
  • “An irrefutable must-read on leadership that is a simple and powerful list of guidelines to help build leadership in many arenas.” – S. Truett Cathy, Founder and Chairman, Chick-Fil-A, Inc.

This book is available in Kindle, paperback and hardcover.

Best Books by Leaders ~ Jack Welch

JackwelchJack Welch is a legendary leader and an author ever in business history. He is a commentator, business executive and was a chairman and CEO of General Electric between 1981 and 2001. After his retirement in 2001, he traveled around the world – speaking with more than 250,000 people on the wide range of topics. He has written philosophical and pragmatic books that boost people at every level of an organization. Here are some of his best books.

– Winning ~ Jack Welch & Suzy Welch: Jack Welch’s main goal is to help everyone who has the passion to succeed. This book is packed with Jack Welch’s personal anecdotes on original thinking, solution to every problem that will change the people the way they think about work. In the introduction of the book, he highlights the importance of values, candor, differentiation, and voice and dignity for all. The book is split into three sections:

  • In the first section, Jack Welch talks about leadership, how to pick winners in the organization to make change happen.
  • In the second section, he talks on outside the organization – competition with strategies, mergers and the Six Sigma.
  • In the last section, he talks about the career i.e., right from finding a job to a work-life balance.

Prominent Reviews on this book:

  • “Reading Jack Welch’s plain language, high-energy book Winning is like getting the playbook of the Super Bowl Champions before the game. It’s a big head start on how to master the corporate game form the entry level to the corporate suites, He is the master” ~ Tom Brokaw, former anchor and managing editor, NBC Nightly News
  • “When you talk with Jack about management, his energy and passion fill the room, You get a similar experience with this book – the same qualities jump at you from every page.” ~ Warren. Buffett, chairman, Berkshire Hathaway
  • “A candid and comprehensive look at how to succeed in business-for everyone from college graduates to CEOs” ~ Bill Gates, Chairman, Microsoft Coroporation

The book is available in Hardcover, Paperback, Kindle in

– Winning: The Answers: Confronting 74 of the Toughest Questions in Business Today ~ Jack Welch & Suzy Welch
In this management book, Jack Welch sparked off questions from college students, business professionals, entrepreneurs’ treatise on fundamentals of business practices and many more. It is a best management book worth to place it in your bookshelf. This book is split into six sections:

  • The first section talks about “Global competition” like getting global before it gets you, why Paris is burned and so on.
  • The second section talks about “Leadership – on being a better boss” outlining ‘Are the leaders are born or made’, the leadership mindset, Winning the Whining game, Building the Trust from top down, etc.
  • The third section talks about the “Management principles and practices” outlining on getting the best people, the danger of doing nothing, the real job of HR, paying big time on failure, etc.
  • The fourth section talks about the “Careers” outlining on what, should I do with the rest of my life? I am who am I, The bad boss no brainier, why can’t I get hired, etc.
  • The fifth section talks about the “Private held” outlining on the consequences of cashing out, bringing the outside in, etc.
  • The sixth section talks about the “Winning and losing” – outlines on what do you call winning? The real verdict on business, What to tell the grand children, etc.

Prominent Reviews on this book:

  • “There is a lifetime of wisdom about business, and life, packed into Jack Welch’s Winning. It is unquestionably the best management book to come along in a while – breezy, concrete, and spiced with the right amount of humility and refreshingly void of management hokum.” ~ The Washington Post
  • “In Winning Welch dispenses the sharp-edged business acumen that earned him a reputation as a daunting corporate reader. He is giving back what he learned and not just to follow CEOs. He is able to write a book that might just reach the rest of us.” ~ USA Today
  • “An engaging, free flowing book that every executive should read.” ~ Business Today

– Jack: Straight from the Gut ~ Jack Welch and John A. Byrne
This remarkable autobiography is full of anecdotes and insights explaining that management is an art and a discipline that can be learned, improved and mastered. It is a story about a man who is demanding best from others and from himself. The book is split into five sections:

  • The first section talks about “Early Years” outlining on building self-confidence, getting out of the pile, blowing the roof off, swimming in bigger pond, etc.
  • The second section talks about “Building a philosophy” outlines on dealing with reality and superficial congeniality, the visiting thing, the people factory, Boundary less: Taking ideas to the bottom line, etc.
  • The third section talks about “ups and downs” – outlines too full of myself, when to fight and when to fold, etc.
  • The fourth section talks about “Game changers” and outlines on globalization, six sigma and beyond, E-business etc.
  • In the fifth section talks about “Looking backward and looking forward” – Go home Mr. Welch, What this CEO thing all about, etc.

Prominent Reviews on this books:

  • “All CEOs want to emulate Jack Welch. They won’t be able to, but they’ll come closer if they listen carefully to what he has to say.” ~ Warren Buffet, chairman, Berkshire Hathaway
  • “True confessions of a CEO…of interest to anyone who really cares about business.” ~ Newsday
  • “Jack Welch gave team leadership new meaning as he took an industrial giant and turned it into an industrial colossus with a heart and a soul and a brain.” ~ Michael D. Eisner, chairman and CEO The Walt Disney Company

Jack Welch is a legendary leader of business industry who taught us many lessons on management, business and leadership.

As a small business owner, it is imperative to have skills to boost yourself and your employees for the business’s success. Reading these books helps you build qualities that are essential to run your business.

Top 10 Communication Books for Small Businesses

Communication plays a critical role at personal as well as professional level. Small business owners need to understand that without communication it will be really difficult to interact with their employees, clients, customers and business partners. Therefore, reading communication books will help them in communicating effectively. Following are top 10 communication books for small businesses.

1. Crucial Conversations Tools for Talking When Stakes Are High, Second Edition ~ Kerry Patterson
The New York Times and Washington bestseller book will shape your life, relationships and your world. This book outlines a process – start with the heart, stay in dialogue, make it safe, don’t get hooked by emotion, agree a mutual purpose, separate facts from story, agree a clear action plan. All these 7 steps uplifts you in crucial conversations. This book deserves a place in your bookshelf.

2. Never Eat Alone: And Other Secrets to Success, One Relationship at a Time ~ Keith Ferrazzi
Keith Ferrazzi in this book outlined timeless strategies of great people from Katherine Graham to Bill Clinton, Vernon Jordan to Dalai Lama. This book helps in creating your own network, how to handle rejection, getting past gatekeepers and more. In short, this book will help you in winning at your personal and professional life.

3. The Definitive Book of Body Language ~ Barbara Pease
This international bestseller is an excellent book to understand the secrets of non-verbal communication. In this book the author made drawing of more than 30 years in the field and with cutting edge research – demonstrated what happens in brain. This helps to read the state of mind of people with their gestures. When you encounter face to face, it helps you to analyze the true intentions of other party by their gesture as well as it also helps in building effective body language which is required to achieve success in life.

4. Just Listen: Discover the Secret to Getting Through to Absolutely Anyone ~ Mark Goulston M.D.
Mark Goulston is a psychiatrist, business consultant and a coach. He narrated beautifully on how to persuade people whether they are harried co-workers, stressed out client, insecure spouse and enemies. In short, this book helps you to reach to those people’s lives which you assumed impossible and unreachable.

5. Influencer: The Power to Change Anything ~ Kerry Patterson
This is a thought provoking book where Kerry Patterson has taught a stepwise influence process along with robust strategies. This books takes you to a journey from San Francisco to Thailand where you can find insignificant people making incredible improvements in solving the thing which others felt impossible.

6. Power Questions: Build Relationships, Win New Business, and Influence Others ~ Andrew Sobel
This is a thought provoking book written by Andrew Sobel. In this book, he explained thirty five compelling real conversations of CEOs, billionaires, clients, colleagues and others. At the end of the book, more than 200 thought provoking questions are summarized.

7. Difficult Conversations: How to Discuss What Matters Most ~ Douglas Stone
Douglas Stone with his 15 years of research at the Harvard Negotiation Project has written this book ‘Difficult Conversation.’ In this book, he has explained how to win the toughest conversation with less stress and explained how to prepare yourself, how to start the conversation without defensiveness, how to keep it constructive and focused irrespective of how other person reacts.

8. The Presentation Secrets of Steve Jobs: How to Be Insanely Great in Front of Any Audience ~ Carmine Gallo
This book is a Wall Street Journal Bestseller written by communication expert Carmine Gallo. The author has studied and analyzed Steve Jobs presentation secrets. In this book, he explained point by point examples, tried and true techniques, proven presentation secrets in 18 scenes. After reading this book, you will know how to capture your audience with your presentation.

9. Writing That Works; How to Communicate Effectively In Business ~ Kenneth Roman
‘Writing That Works’ is written by Kenneth Roman. In this book the author has tried to explain what to say with less effort and more confident. The author explained importance of writing in various fields such as presentation, memos, letters, plans, reports, speeches, resumes, email writing,etc.

10. Skill With People ~ Les Giblin
Les Giblin’s book ‘Skill With People’, has sold over 2,000,000 copies. The author conducted more than 1000 seminars for hundreds of organizations like Johnson & Johnson, National Association of Insurance Agents and Generic Electric. This book helps to improve relationship at home, at work and in business.

Top – 10 Risk Management Books

Risk management plays a critical role in every organization. This is because risk is the primary cause of uncertainty in an organization. Thereby, organizations focus on identifying, assessing and taking economic control of different risks. This helps to make effective decisions in the future. Large organizations have separate risk management department whereas for a small business may or may not have it. So, it is always recommended to read risk management books that helps you small business owners to manage risks in a better way. Here is a list of books of risk management that helps your business in managing risk better.

Against the Gods: The Remarkable Story of Risk ~ Peter L. Bernstein
The New York Times Business, USA Today and The Wall Street Journal bestseller book “Against the Gods” is an informative, entertaining and challenging book. This book is divided into five periods are 1200, 1200-1700, 1700-1900, 1900-1960 and post 1960. In each period, Peter L Bernstein describes about different personalities. In short, he narrated history of risk management in a beautiful way that helps you to understand the meaning of probability and risk.

Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die ~ Eric Siegel
‘Predictive Analytics’ author Eric Siegel explains Predictive Analytics as a technology that helps in predicting the human behavior. This helps business in allocating the resources in an effective way. In short, the author explained clearly the power and risk of prediction.

The Myth of the Rational Market: A History of Risk, Reward, and Delusion on Wall Street ~Justin Fox
The New York Time bestseller ‘The Myth of the Rational Market’ is written by former Time Magazine economics columnist Justin Fox. This book is named as one of Library Journal Best Business Books of the Year. In this book, Justin Fox takes you from the earliest days of wall street to the present financial crisis and clearly explains where it went wrong. This is a recommended book for every one who want understand the mess where we are in.

Identifying and Managing Project Risk: Essential Tools for Failure-Proofing Your Project ~ Tom Kendrick PMP
This is an effective guide that takes you through each and every phase of project and shows you how to take necessary risks at each point of its implementation. Tom Kendrick explained it beautifully by taking real-world examples and proven methods. This book helps you manage the projects effectively and efficiently.

How to Measure Anything: Finding the Value of Intangibles in Business ~Douglas W. Hubbard
‘How to Measure Anything ‘ is the one such book must and should read by every business man. Douglas Hubbard provides powerful and practical techniques that help you measure those things in your business which you have considered immeasurable – technology investment return on, customer satisfaction, technology risk and so on. This book helps you to measure anything – uncertainty and risk in a meaning full way.

Risk Management: Concepts and Guidance ~ Carl L. Pritchard
This book is a good project management tool that helps you in gaining a clear perspective on risk management. And the techniques that are highlighted by the author helps you in identifying, assessment and management of organizational risk.

The Essentials of Risk Management ~ Michel Crouhy
Michel Crouhy is a Head of Research and Development at NATIXIS Corporate and Investment Bank. In this book, the author talks about the various organizational issues and regulatory aspects, and tools for controlling the operational, credit and market risks. This increases the transparency of risk management program that satisfy your organization employees, shareholders and others.

The Failure of Risk Management: Why It’s Broken and How to Fix It ~ Douglas W. Hubbard
Douglas W. Hubbard, the inventor of Applied Information Economics (AIE) and he is a recognized expert in the field of risk management. In this book, author tells you the critical flaws in risk management methods and how it can be fixed. This book is an invaluable guide that every business professional should read who makes critical business decisions.

Fundamentals of Enterprise Risk Management: How Top Companies Assess Risk, Manage Exposure, and Seize Opportunity ~ John J. Hampton
The author takes case studies and new innovative concepts like alignment of risks with the business model, creation of a central risk function, hierarchical risk structures and so on, which helps you to implement Enterprise Risk Management effectively in your organization.

Enterprise Risk Management: Today’s Leading Research and Best Practices for Tomorrow’s Executives ~ John Fraser
This book is an informative risk management guide that offers many concepts and techniques – risk tolerance, risk profiles, risk workshops, resources allocation, etc. There techniques help you implement enterprise risk management in a successful manner.


Top 10 Books for Entrepreneurs

Books can give new ideas and solutions to problems we commonly encounter. A good book can is a self-help guide. Book meant for entrepreneurs benefit their self and the whole organization by applying them. Following are ten books worth reading for entrepreneurs.

Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!Robert T. Kiyosaki
The ‘Rich Dad Poor Dad’ is one of the best personal finance books of all times. It tells the story of the author. his two fathers, real dad and the father of his best friend, the ways in which they evolved his thinking on money and investing it.

The book points out the difference between having your money work for you and working for money.

The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New RichTimothy Ferriss
This book will make you think different. The author explains in this book about the benefits when focusing on the most important things and not wasting the time on social media, email and phone checking. Timothy explains how he outsourced the work to virtual assistants overseas as well as to employees. Minimizing of distractions and outsourcing has enabled Timothy to become much more effective and efficient. The author gives a great advice that is helpful to all entrepreneurs.

How to Win Friends and Influence PeopleDale Carnegie
How to win friends and influence people is a self-help book. It is necessary to know that the it is essential to win people over to your way of thinking. For this, you need to know how to make good conversation and to get people to like you. In other words, the book explains what you need to do to succeed in your business.

Getting Things Done: The Art of Stress-Free ProductivityDavid Allen
Getting things done is one of the best books on improving productivity. It is a guide on how to use your time most efficiently. David Allen says the more we are relaxed, the more we are productive. This is because, when the mind is in a relaxed mode, the thoughts get organized effectively, which leads to higher productivity. David Allen explains in the book the method of enhancing productivity.

Predictably Irrational the Hidden Forces that Shape our DecisionsDan Ariely
This book looks deep into consumer habits and human behavior. It focuses on the revelation that wired to be irrational of humans. Dan Ariely goes deeper using plenty of experiments to show fuzzier than economists would like it to be.

Delivering Happiness a Path to Profits Passion and PurposeTony Hsieh
The author is the master in building company culture that is second to none. He created a rapid consumer base for Zappos as CEO by molding the company’s corporate culture. The book is all about Zappos, but there are many applicable concepts and ideas which can help in your business looking for loyal customers.

Tony Hsieh focuses on creating a positive and rewarding environment for all customers and employees. Not only is his company highly successful, but they look for changing the world and focusing on company culture as their first priority. Tony Hsieh talks about the failures he had, how he started the business, and the journey he has gone through to get the company today’s position.

Losing My Virginity: How I’ve Survived, Had Fun, and Made a Fortune Doing Business My WayRichard Branson
The author shared his story how he made eight companies from 0 to billion dollar companies. He mentions the ups and downs in his life journey.

Founders at Work: Stories of Startups’ Early DaysJessica Livingston
Jessica Livingston takes a look at the early days of software start-ups. The book has some very experienced entrepreneurs’ advice. The book is a series of interviews with successful entrepreneurs in 1980s and 1990s. Although there is a small amount of newer blood, the entrepreneurs give you their own details of how they started the business, the lessons they learned along the way, the deals they won and lost, the arguments they had, how they overcome challenges and how they went out of business.

First Things FirstStephen R. Covey, A. Roger Merrill and Rebecca R. Merrill
Time is the most valuable asset for an entrepreneur. Most entrepreneurs do not know the proper utilization of time. With the first impression, the book ‘First Things First’ is another book on how to enhance productivity. Generally, most other books say that getting more productive is all about getting more things done in less time. But the author explains in this book as doing things within the time you have.

The Four Steps to the EpiphanySteve Blank
This book is considered by many people as the Bible of software start-up. If you plan to start a business or already own one, just put it to the four steps test. This book is tells all about letting customers tell you how to build your service or product or customer development.

Rather than spending some time on development, develop or create a stripped down version of the product that you are embarrassed to show anyone. Then release it into the market. Then take the feedback from the consumers. According to their suggestions, change the product. Then get feedback and do modifications according to the feedback. Keep maintaining the cycle. It is very helpful for web based businesses.

The business environment keeps on changing. Books keep you up-to-date and the strategies, policies, principles and values stay unchanged. They will guide to solve the problems quickly.

Books for Start-Up Business Owners

Start-up business owners encounter many problems with regard to their businesses. Some of them are internal. These include finance, machinery, human resources, etc. Other factors are external and include competition, the state of economy, changing consumer behavior, etc. These are all challenges for these business owners. Here are books that are likely to help them manage their business better.

The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich Timothy Ferriss
In this book, Timothy Ferriss uses an acronym DEAL to represent the main four chapters. The acronym DEAL stands for Definition, Elimination, Automation and Liberation. Definition means your objectives, to set goals, to decide what is important, to overcome fears. Elimination represents the time management, because 80% of your benefits come from 20% of effort. Automation is about to increase your cash flow. Liberation represents freeing yourself from traditional expectations, design the job to increase mobility.

Good to Great: Why Some Companies Make the Leap And Others Don’tJim Collins
Jim Collins defines greatness of a company in terms of its performance. Its performance should be several folds better than market average continuously over a time period. Reading this book, you can know leaders’ the characteristics that enable them to their company from ‘good’ to ‘great’, and hire the right people.

The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About ItMichael E. Gerber
This book helps small start-ups grow the business in an assured and productive way. In this book, Michael E. Gerber walks through the steps in life of a business. It is from the entrepreneurial infancy to mature entrepreneurial perspective through adolescent growing pains. The book is a good guide for all businesses that want to succeed, and shows the lessons to apply the franchising any business (whether or not it is a franchise). The author overlooks the difference between working in your business and working on your business.

The $100 Startup: Reinvent the Way You Make a Living, Do What You Love, and Create a New FutureChris Guillebeau
In The $100 Startup, Chris Guillebeau discusses the challenges a small business encounters when starting and growing. This book is a guide for small business start-ups to overcome these challenges. The $100 Startup is the result of research by surveys and hundreds of interviews with startup businesses. Most points in the book are illustrated by examples.

Crush It!: Why NOW Is the Time to Cash In on Your PassionGary Vaynerchuk
This book is about knowing your passion and earning profits pursuing it using the Internet. Gary Vaynerchuk says you need to have the passion to make profits. The author emphasizes using online platform and personal branding to promote business. The book is a good guide for people who want to start business promotion through social media tools, to succeed offline or online business.

The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful BusinessesEric Ries
The Lean Startup approach encourages companies that are able to leverage human creativity effectively and are able to use capital more efficiently. This assertion is an inspiration from lean manufacturing. The whole logic of the book depends on rapid scientific experimentation, validated learning, a number of counter initiative practices that can shorten product development cycles without resorting to vanity metrics, measure actual progress, and knowing customers’ real wants. The book helps start-up owners know how to manage their organization better.

Business Model Generation: A Handbook for Visionaries, Game Changers, and ChallengersAlexander Osterwalder and Yves Pigneur
The book is a collection of data design and a serious method for business models to create and analyze. The authors have developed a nine point model from their research that includes resources, costs, partnerships, channels, distribution, sources of income, and customer segments. The theory in this book is easy to implement immediately in your business.

The Art of the Start: The Time-Tested, Battle-Hardened Guide for Anyone Starting AnythingGuy Kawasaki
Guy Kawasaki in his The Art of the Start offers with his two decades of business experience a broad range of advice for businesses to run start-ups efficiently. Guy Kawasaki explains the arts of starting, positioning, pitching, writing a business plan, bootstrapping, recruiting, raising capital, partnering, branding, rainmaking and the art of being a person with honesty and honor.

ReworkJason Fried, David Heinemeier Hansson
The book shows you an easier, faster and better way to succeed in business. By reading this you will know about, ignoring competition, why you do not need outside investors, and why plans are harmful. The book explains that you need less than you think, there is no need to be a workaholic, no need to staff up, no need to waste time on meetings and paperwork, but you need to stop talking and start working. This book shows the way to be more productive and other ideas that will prompt and inspire you.

Start with Why: How Great Leaders Inspire Everyone to Take ActionSimon Sinek
Some organization and people are more profitable, more influential, more innovative than others. Some command greater loyalty from employees and customers. Among the successful people only a few are able to repeat their success again and again.

Simon Sinek has found in his study on leaders (those who have had greatest influence in the world) that they all communicate, act and think in exactly the same way, and what everyone else does is exactly the opposite. The book provides a framework upon which people can be inspired, movements can be led, and organizations can be built. It all starts with why.

The books discussed help start-up business owners get a positive perspective to approach the diverse challenges they encounter. (more…)