Monday, October 24, 2011

The story of a financial industry's collapse

BookValue
The Weekend that Changed Wall Street
Ms Maria Bartiromo
(http://www.penguin.com/)

Unravelling financial crisis

Part of the negative public mood stems from the fact that three years after the financial disaster, there have been very few indictments, and even fewer convictions, over events that nearly sent the US into another Great Depression, writes Ms Maria Bartiromo in The Weekend that Changed Wall Street: And how the fallout is still impacting our world. “Added to that are some 8.4 million jobs lost in the recession, many of which have yet to come back.”

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Scouting, the backbone of creative anatomy

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Stimulated!
Andrew Pek and Jeannine McGlade
(http://www.kkbooks.com/)

Five habits for effective creativity

Scouting is the backbone of our creative anatomy, say Andrew Pek and Jeannine McGlade in Stimulated! Habits to spark your creative genius at work. The authors explain that scouting contains the essential orientation and energy we need to find, observe, and use to interact with stimulus and initiate the creative cycle we each possess.

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Pursuit of ‘bad'

Books of Account
The Ultimate Question 2.0
Fred Reichheld
(Harvard)

Profits, good and bad

Say ‘profit,' and it perhaps sounds cool and makes you feel good. It can, therefore, be disturbing to open ‘The Ultimate Question 2.0' (Harvard) and find Fred Reichheld discuss two types of profits, viz. bad and good. In his view, good profits are earned with customers' enthusiastic cooperation, when the company so delights its customers that they willingly come back for more – and not only that, they tell their friends and colleagues to do business with the company.

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'Track your life'

Books of Account
The Compound Effect
Darren Hardy
(Vanguard)

Transformation through tracking

Once you start tracking your life, your attention will be focused on the smallest things you are doing right, as well as the smallest things you are doing wrong, says Darren Hardy in ‘The Compound Effect: Multiplying your success, one simple step at a time' (Vanguard). And, when you choose to make even the smallest course corrections consistently, over time, you will begin to see amazing results, he assures.

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Friday, October 21, 2011

Water-sharing treaty

Books of Account
Water
Brahma Chellaney
(Harper)

Munificent allocation

A section titled ‘The costs of a fragmented approach' in ‘Water: Asia's new battleground' by Brahma Chellaney (Harper) frets that the absence of institutionalised, integrated policymaking in India has blighted water resources management for long.

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Cost budget

Books of Account
Implementing Beyond Budgeting
Bjarte Bogsnes
(http://www.landmarkonthenet.com/)

Ambition to action

The most stubborn myth in traditional management is probably that the only way to manage costs is through detailed cost budgets, with a tight follow-up to ensure that no more is spent than is handed out, writes Bjarte Bogsnes in ‘Implementing Beyond Budgeting: Unlocking the performance potential'.

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The 'early struggle'

Books 2 Byte
Predictable Success
Les McKeown

The seven stages of a growth cycle

Early struggle, fun, whitewater, predictable success, treadmill, the big rut, and death rattle. These are the seven stages of growth cycle presented in Predictable Success: Getting your organisation on the growth track and keeping it there by Les McKeown.

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The scientists' journeys

Books 2 Byte
Making the World Work Better
Kevin Maney, Steve Hamm, and Jeffrey M. O'Brien

‘Smuba' model for quickstarting progress

Among the many photos in Making the World Work Better: The ideas that shaped a century and a company, by Kevin Maney, Steve Hamm, and Jeffrey M. O'Brien , is one of John Powell, superintendent and asset manager of San Francisco Public Utility Commission Wastewater Enterprise.

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Thursday, October 20, 2011

Capitalise on emotions

BookValue
Investing and the Irrational Mind
Robert Koppel
(http://www.tatamcgrawhill.com/)

Know thyself to decode markets

Investing has less to do with the science of computation and more to do with the art of managing one's outlook, emotions, and consciousness, writes Robert Koppel in ‘Investing and the Irrational Mind: Rethink risk, outwit optimism, and seize opportunities others miss'.

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Marketing in rural areas

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Rural Marketing
Pradeep Kashyap
(http://www.pearsoned.co.in/)

Call of the small towns and villages

In Hindi, ‘aamne saamne' means face-to-face. To Ericsson, it is the name of a ‘video telephony service' using 3G that connects migrant workers to their families. “Ericsson converted the virtually dying PCOs into public video telephony booths. This way, the consumer paid only for the minutes used, while the actual investment was made by PCO (public call office) owners,” reads one of the many stories in Rural Marketing, second edition, by Pradeep Kashyap.

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Tuesday, October 11, 2011

Financial globalisation

Books of Account
The Next Great Globalization
Frederic S. Mishkin
(http://www.landmarkonthenet.com/)

Give adequate resources to prudential regulators

Not long ago, Mishkin wrote ‘The Next Great Globalization: How disadvantaged nations can harness their financial systems to get rich’, which wrapped up by fretting that not every emerging market country has the political will of Chile, Hong Kong, Singapore, and Taiwan to adopt the reforms needed to make financial globalisation work.

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For a successful trading ...

BookValue
Trading Triads
Felipe Tudela
(http://www.wiley.com/)

Focus on the market structure

The real secret to successful trading is the integration of money management and market structure, says Felipe Tudela in Trading Triads: Unlocking the secrets of market structure and trading in any market.

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Monday, October 03, 2011

A guide to financial service providers

Books of Account
The Future of Finance
Adjiedj Bakas and Roger Peverelli
(http://www.landmarkonthenet.com/)

A role for finance in its original flavour

With so many new opportunities, financial service providers must position and organise themselves in a very different way, urge Adjiedj Bakas and Roger Peverelli in The Future of Finance.

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'Budget' - the word to master

BookValue
The 10 Commandments of Money
Liz Weston
(http://www.landmarkonthenet.com/)

Begin with a budget that works

Before you start spelling ‘money,' the word to master is ‘budget' — a budget that works ‘in the real world,' as Liz Weston emphasises in The 10 Commandments of Money: Survive and thrive in the new economy.

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Different ways of looking at the world

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Predictable Magic
Deepa Prahalad and Ravi Sawhney
(Pearson)

Respond to consumer emotions

A leading audio products company, JBL, had a problem. After more than a decade as the leader in the portable power speaker market it created with the original EON line of portable public address (PA) speakers, JBL found its competition encroaching on the EON’s market share, as Deepa Prahalad and Ravi Sawhney narrate, in ‘Predictable Magic: Unleash the power of design strategy to transform your business’ (Pearson).

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