Thursday 28 August 2014

MUST READ

 Since you’re planning on doing your MBA, you need to be well read, and not just on current affairs. In this section, we offer you some choices of books that will broaden your perspective, and you will find that you will never be at a loss in a discussion! 

Drive: The surprising truth about what motivates us
Author: Daniel H. Pink
Publisher: Random House
Price: ₹290
Genre: Non-fiction/Psychology
In his book Drive, Daniel H. Pink suggests the way we can achieve high performance and satisfaction for both organisational and individual levels by exposing the mismatch between what science knows and what business does. It turns out that external incentives can limit our ability to think critically and creatively. Today’s world requires intrinsic motivation, consisting of three key elements: autonomy, mastery and purpose. Pink attempts to answer the question of what makes some people perform better than others. In other words — what drives us?

The book is a must read if you aim to be a team leader or an entrepreneur.



One of the most important business books of all time, Barbarians At The Gate shares the story of RJR Nabisco’s fall, one of the largest takeovers in Wall Street history by Kohlberg Kravis Roberts (KKR). This book, by Bryan Burrough and John Helyar, offers a behind-the-scenes look at what was then the largest buyout in history and it centres around one of the kings of the private equity industry, Henry Kravis of KKR, at a major turning point in his career.

The book subtly paints a portrait of greed, excess and poor management in the form of F. Ross Johnson, RJR Nabisco’s eccentric CEO and president at the time of the bidding war. This is a central theme in the book — Johnson and his merry band of laid-back executives versus the hard-charging, cost-cutting style of KKR. Read this book to learn about financial operations of the 80s at the highest levels that are valid even today.
Barbarians At The Gate
Author: John Helyar, Bryan Burrough
Price: ₹439
Publisher: Random House
Genre: : Non-fiction


Talent Is Overrated: What really separates world class performers from everybody elseAuthor: Geoff Colvin
Price: ₹787
Publisher: Portfolio Trade
Genre: Business/Management
Why are some people great and others not? The answer to this ever-debated question is provided in this book, which tells us — quite simply — that talent is overrated. World-class talent isn’t something you are born with. It must be developed over many years of unflagging dedication, education, and deliberate practice of a key skill, which requires consistent repetition and immediate feedback.
 
Colvin points out what we do not realise: Knowing the basics of your profession will help, no matter what. Based on scientific research, Talent is Overrated shares the secrets of extraordinary performance and shows how to apply these principles. It features the stories of people who achieved world-class greatness through deliberate practice, including Benjamin Franklin, comedian Chris Rock, football star Jerry Rice, and top CEOs Jeffrey Immelt and Steven Ballmer.
- See more at: http://www.advancedge.com/articles/must_reads_august2014_1.php#sthash.3D2bNdVJ.dpuf

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