Wednesday, December 21, 2011

The floor of the New York Stock Exchange

Books of Account
King of the Club
Charles Gasparino
(http://www.landmarkonthenet.com/)

Showmanship on stock exchange

What was the reception that Dick Grasso, the chairman and chief executive of the New York Stock Exchange from 1995 to 2003, got from top technology companies in the mid-1990s? Cold, one learns from ‘King of the Club: Richard Grasso and the survival of the New York Stock Exchange' by Charles Gasparino.

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Retaining and motivating leaders

Books of Account
Transforming Capitalism
Arun Maira
(Westland)

Carrot-and-stick systems

At a time when the debate about soaring executive compensation rages on, what is required of our CEOs is to examine the underlying theories driving the design of their systems for retaining and motivating leaders, writes Arun Maira in ‘Transforming Capitalism: Improving the world for everyone' (Westland).

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Wednesday, December 14, 2011

Simple forecasting disciplines

Books of Account
Ahead of the Curve
Joseph H. Ellis
(http://www.landmarkonthenet.com/)

Let go of anecdotal economics

Teaching of economics needs to include a more pragmatic approach, says Joseph H. Ellis in ‘Ahead of the Curve: A commonsense guide to forecasting business and market cycles'. He argues that both the beginning and advanced students need to know more about the relationships between key macroeconomic data series, especially how these series have played out against each other over time.

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88 time-tested Mafia strategies

Books 2 Byte
Mob Rules
Louis Ferrante
(http://www.landmarkonthenet.com/)

Mafia lessons for business

Niccolò Machiavelli tells us to gain and keep the upper hand by any means, that there is no such thing as justice, honour, or integrity, and that morality should play no part in our dealings, unless we are pretending, but he failed to address that little idea called karma, writes Louis Ferrante in ‘Mob Rules: What the Mafia can teach the legitimate businessman’.

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Financial planning

BookValue
In Search of the Perfect Model
Mary Rowland
(http://www.landmarkonthenet.com/)

Holistic financial planning

To those who are looking for ‘the distinctive business strategies of leading financial planners,' a handy reference can be Mary Rowland's ‘In Search of the Perfect Model'. Though not a new book, it introduces you to the world of advisers who continually raise the bar, to ‘some of the most creative minds in the industry.'

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Many choices but only one customer

Book Mark
The Old Rules of Marketing are Dead
Timothy R. Pearson
(http://www.tatamcgrawhill.com/)

It pays to stick to the core

Marketers cannot sit idly by and let others make decisions on customer service, reputation management, pricing, distribution, or the myriad other issues that must be confronted; marketing must lead, says Timothy R. Pearson in The Old Rules of Marketing are Dead: 6 New Rules to Reinvent Your Brand & Reignite Your Business.

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Friday, December 09, 2011

When facing an economic crisis ...

Manage Mentor
Banker to the World
William R. Rhodes
(http://www.tatamcgrawhill.com/)

Quick solutions, home-grown

When facing an economic crisis, the clock is always running against policymakers so they should act rapidly to implement the necessary reforms and programmes to avoid further deterioration, writes William R. Rhodes in Banker to the World: Leadership lessons from the front lines of global finance.

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Value chain analysis

Books of Account
Markets and Rural Poverty
Jonathan Mitchell and Christopher Coles
(http://www.idrc.ca/)

Poorest on advantageous trajectories

Stated simply, ‘improvement in road infrastructure' may sound like a drab phrase. But, to farmers in Siay in the Philippines, it meant ‘significant improvements to the efficiency of the kalamansi value chain,' informs ‘Markets and Rural Poverty: Upgrading in value chains,' edited by Jonathan Mitchell and Christopher Coles.

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Trading styles

BookValue
The Greatest Trades of All Time
Vincent W. Veneziani
(http://www.wiley.com/)

Lessons from master traders

The opening chapter in ‘The Greatest Trades of All Time: Top traders making big profits from the crash of 1929 to today' by Vincent W. Veneziani is about J. Kyle Bass, a hedge fund manager from Dallas, Texas. Why so? Because he was one of the youngest managers in the business to spot the subprime mortgage crisis coming and to actually place a large bet on it, explains the author.

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Friday, December 02, 2011

Monitoring and enforcement

Books of Account
Economic Analysis of Institutions
V. Santhakumar
(http://www.sagepublications.com/)

Cost of unlawful action

A question that most of us can relate to is, “Do citizens' actions compensate for the weak enforcement of laws?” Devoting a chapter to this poser, V. Santhakumar writes in ‘Economic Analysis of Institutions: A practical guide' that poor enforcement of laws, such as of environment, creates social losses, which in turn encourage citizens to act by filing PIL (public interest litigation) or resorting to civil disobedience actions.

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China, in the path of US

Books of Account
A Contest for Supremacy
Aaron L. Friedberg
(http://www.wwnorton.com/)

Blueprint of the China edge

Do you see a silver lining in the 2008-09 financial meltdown? The answer of Aaron L. Friedberg is in the affirmative because the crisis forced Americans to alter their spending habits and has produced at least a temporary jump in personal savings, as he reasons in ‘A Contest for Supremacy: China, America, and the struggle for mastery in Asia'.

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Managing your money

BookValue
30-Minute Money Solutions
Christine Benz
(http://www.wiley.com/)

Start with a financial check-up

If you want to begin managing your money, hands on, begin by finding your baseline, instructs Christine Benz in 30-Minute Money Solutions: A step-by-step guide to managing your finances.

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Untapped market

Book Mark
What You Need to Know about Strategy
Jo Whitehead
(http://www.wiley.com/)

EIEIO, the basic strategy questions

Strategy is both the goal of an organisation, and the pathway it follows to achieve that goal, defines Jo Whitehead in What You Need to Know about Strategy.

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Bollywood dance

Book Mark
Is It All About Hips? Around the World with Bollywood Dance
Sangita Shresthova
(http://www.sagepublications.com/)

Dancing to narrative needs and audience preferences

Hindi film dances mediate between India's colonial and post-colonial histories and its future global ambitions, even as they cater to an increasingly transnational audience, writes Sangita Shresthova in Is It All About Hips? Around the World with Bollywood Dance.

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