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Must Read Business Books list for CEO, Entrepreneurs and aspiring professional!
By Amarendra Bhushan for CEOWORLD Magazine Updated:May 26, 2009
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I’ve talked about some of my favorite books in the past. Whenever i find a book that has a huge impact on our lives and businesses, i immediately want to share it with you all.
On a number of occasions I’ve been asked to suggest a top business book list, what I think they really want are my favorite books that will help them start their business. I wanted to put together a quick article about few books that have impacted how we live life and conduct business on a daily basis..
I think these are among few books no one should start or run a business without reading them first. However, Here are some must-read books for any aspiring professional. And though it’s entirely possible that you’ve already read some of these titles, each is worth rereading and adding to your personal library.
1) The Halo Effect: … and the Eight Other Business Delusions That Deceive Managers
by Phil Rosenzweig
Much of our business thinking is shaped by delusions — errors of logic and flawed judgments that distort our understanding of the real reasons for a company’s performance. In a brilliant and unconventional book, Phil Rosenzweig unmasks the delusions that are commonly found in the corporate world.
These delusions affect the business press and academic research, as well as many bestselling books that promise to reveal the secrets of success or the path to greatness. Such books claim to be based on rigorous thinking, but operate mainly at the level of storytelling. They provide comfort and inspiration, but deceive managers about the true nature of business success.
2) Expert Political Judgment: How Good is It? How Can We Know? by Philip E. Tetlock
The intelligence failures surrounding the invasion of Iraq dramatically illustrate the necessity of developing standards for evaluating expert opinion. This book fills that need. Here, Philip E. Tetlock explores what constitutes good judgment in predicting future events, and looks at why experts are often wrong in their forecasts.
3) Thinking in Time: The uses of history for decision makers by Richard E. Neustadt and Ernest R. May
For generations Americans have described and deplored the ignorance of history displayed by policymakers or, what is worse, the misuse of historical analogies. Since the 1950s Professors Neustadt and May have been working individually through their writing and consulting on this subject; in the past decade they have been collaborators in a course at Harvard’s John F. Kennedy School of Government focusing explicitly on “using history.”
4) Fooled by Randomness by The Hidden Role of Chance in the Markets and in Life, First Edition by: Nassim N Taleb
If the prescriptions for getting rich that are outlined in books such as The Millionaire Next Door and Rich Dad Poor Dad are successful enough to make the books bestsellers, then one must ask, Why aren’t there more millionaires?
In Fooled by Randomness, Nassim Nicholas Taleb, a professional trader and mathematics professor, examines what randomness means in business and in life and why human beings are so prone to mistake dumb luck for consummate skill.
5) Will It Fly? How to Know If Your New Business Idea Has Wings…Before You Take the Leap by Thomas K. McKnight
Will your new business idea fly? Find out upfront, before you invest one dime! “Will It Fly?” introduces the first intuitive, practical tool for assessing and refining new business ideas. Fast, confidential, and reliable, it addresses 44 key elements of success, distilling experience from more than 200 business launches.
6) Happy Accidents: Serendipity in Modern Medical Breakthroughs by Morton Meyers
This is Morton Meyers’ fascinating, entertaining, and highly accessible look at the surprising role serendipity played in some of the most important medical discoveries in the 20th century. Though within the scientific community a certain stigma is attached to chance discovery because it is wrongly seen as pure luck, happy accidents happen every day and Meyers shows how it takes intelligence, insight, and creativity to recognize a “Eureka! I found what I wasn’t look for!” moment and know what to do next.
7) The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It by Michael E. Gerber
The E-Myth Revisited provides an edited, revised, and expanded version of The E-Myth. Both books explore the reason why most small businesses fail and provides some blueprints for success.
Guerrilla Marketing: Easy and Inexpensive Strategies for Making Big Profits from Your Small Business by Levinson, Jay Conrad, Levinson, Jeannie, Levinson, Amy.
Based on hundreds of solid ideas that really work, Levinsons philosophy has given birth to a new way of learning about market share and how to gain it. In this completely updated and expanded fourth edition, he offers a new arsenal of weaponry for small-business success in the next century.
9) The wealth of nations By Adam Smith, Andrew Skinner
Having spent 10 years putting together this material in sum, Smith’s 1776 Wealth of Nations had an enourmous impact among the rising bourgeois of Europe and the freshly independent United States of America.
10) The Functions of the Executive By Chester Irving Barnard with an Introduction by Kenneth R. Andrews
The Functions of the Executive has steadily increased in influence and circulation since its first appearance in December 1938. Barnard argued that organizations are essentially cooperative systems, integrating the contributions of their individual participants.
11) The Principles of Scientific Management By Frederick Winslow Taylor
The Principles of Scientific Management is a monograph published by Frederick Winslow Taylor in 1911. This influential monograph is the basis of modern organization and decision theory and has motivated administrators and students of managerial technique.
12) The human side of enterprise by Douglas McGregor, Joel Cutcher-Gershenfeld
Douglas McGregor, an American social psychologist, proposed his famous X-Y theory in his 1960 book ‘The Human Side Of Enterprise’. Theory x and theory y are still referred to commonly in the field of management and motivation, and whilst more recent studies have questioned the rigidity of the model, Mcgregor’s X-Y Theory remains a valid basic principle from which to develop positive management style and techniques. McGregor’s XY Theory remains central to organizational development, and to improving organizational culture.
13) Strategy and Structure: Chapters in the History of the Industrial Enterprise by Alfred D. Chandler
15) Organizational Culture and Leadership by Edgar H. Stein
16) The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations by James Surowieki
17) The World Is Flat: A Brief History of the Twenty-first Century by Thomas L Friedman
18) Barbarians at the Gate: The Fall of RJR Nabisco by Bryan Burrough and John Helyar
19) My Years with General Motors by Alfred P. Sloan, Jr.
20) The Fifth Discipline: The Art & Practice of the Learning Organization by Peter M. Senge
21) The E-Myth Revisited: Why Most Small Business Don’t Work and What to Do about It by Michael E. Gerber
22) The Tipping Point: How Little Things Can Make a Big Difference by Malcolm Gladwell
23) Competing for the Future by Gary Hamel and C.K. Prahalad
24) Good to Great: Why Some Companies Make the Leap…and Others Don’t by Jim Collins
25) Out of the Crisis by W. Edwards Deming
26) Reengineering the Corporation: A Manifesto for Business Revolution by Michael Hammer and James Champy
27) Built to Last: Successful Habits of Visionary Companies by James C. Collins and Jerry I. Porras
28) The Practice of Management by Peter F. Drucker
29) Competitive Strategy: Techniques for Analyzing Industries and Competitors by Michael E. Porter
30) The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change by Stephen R. Covey
31) The One-Minute Manager by Kenneth H. Blanchard and Spencer Johnson
32) How to Win Friends and Influence People by Dale Carnegie
How to Win Friends and Influence People is one of the first bestselling self-help books ever published. Written by Dale Carnegie and first published in 1936, it has sold 15 million copies globally.
33) Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail by Clayton M Christensen
How can great firms fail? Insights from the hard disk drive industry — Value networks and the impetus to innovate — Disruptive technological change in the mechanical excavator industry
– What goes up, can’t go down — Give responsibility for disruptive technologies to organizations whose customers need them — Match the size of the organization to the size of the market — Discovering new and emerging markets — Performance provided, market demand, and the product life cycle — Managing disruptive technological change: a case stud
34) In search of excellence by Thomas J. Peters, Robert H. Waterman
The “Greatest Business Book of All Time” (Bloomsbury UK), In Search of Excellence has long been a must-have for the boardroom, business school, and bedside table.
Based on a study of forty-three of America’s best-run companies from a diverse array of business sectors, In Search of Excellence describes eight basic principles of management — action-stimulating, people-oriented, profit-maximizing practices — that made these organizations successful.
What do you think? Have I missed a book that should really be on here? Do you think any of these books shouldn’t be on the list, let me know in the comments below.
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