I’ve been on a business book reading binge of late … some worthy and some worthless. Worthy Reads are those that either: (a) help me generate new ideas ; (b) increase my intellection by giving me a new perspective on a business topic ; (c) maximize my current understanding of a business topic. Worthless Reads are those that do none of the above.
Taking the lead from the Viral Marketing Blog, I’m rating twelve recent reads on a five-point scale based upon the following three categories:
IDEATION – generates new ideas
INTELLECTION – gives me a new perspective on a business topic
MAXIMIZE – maximizes my current understanding of a business topic
BUSINESS STRATEGY BOOKS
The Visionary’s Handbook (Jim Taylor, Watts Wacker, Howard Means)
The nine paradoxes presented in this book will challenge your thinking. The book asks more questions than answers questions. But, it will arm you with new perspectives to tackle your current business opportunities and challenges.
IDEATION – 4/5
INTELLECTION – 5/5
MAXIMIZE – 4/5
WORTHY READ
Profitable Growth is Everybody’s Business (Ram Charan)
This book is an early front-runner for my best business strategy book of 2004. Ram proposes that businesses should strive to grow by going for singles and doubles and not stretching for hard-to-achieve home runs.
IDEATION – 4/5
INTELLECTION – 5/5
MAXIMIZE – 5/5
WORTHY READ
The Deviant’s Advantage (Watts Wacker, Ryan Mathews)
This serves as a nice companion book to The Tipping Point. Wacker and Mathews articulately describe how truly innovative ideas become mainstream by first emerging on the Fringe then extending to the Edge and if the idea catches on … it will move into the Realm of the Cool then become the Next Big Thing and then make it to main stage of Social Convention (the mass market).
IDEATION – 3/5
INTELLECTION – 3/5
MAXIMIZE – 4/5
WORTHY READ
MARKETING BOOKS
Ten Deadly Marketing Sins (Philip Kotler)
Kotler is a marketing god who is a prolific writer but his latest book is not noteworthy. It’s a crash course on marketing for MBA students or recently promoted Marketing VPs who lack traditional marketing experience. I learned very little from this book.
IDEATION – 1/5
INTELLECTION – 2/5
MAXIMIZE – 2/5
WORTHLESS READ
The End of Advertising As We Know It (Sergio Zyman)
I’m a laggard here ... this book was published in 2002 and I just got around to reading it a few weeks ago. My loss. If you are a marketer who has become cynical of the conventional way to promote a brand … READ THIS BOOK. In step-by-step fashion, Zyman deconstructs meaningless marketing and then shows you how to reconstruct your marketing activities so that they are meaningful. AWESOME READ.
IDEATION – 4/5
INTELLECTION – 4/5
MAXIMIZE – 5/5
WORTHY READ
Cool News about Retail (Tim Manners)
I’ve already raved about this book. Click here to read my praise for Cool News about Retail.
IDEATION – 5/5
INTELLECTION – 4/5
MAXIMIZE – 5/5
WORTHY READ
Call of the Mall (Paco Underhill)
I loved Paco’s first book, Why We Buy. I only liked Paco’s second book. Call of the Mall lacked the retail marketing insight of Why We Buy. I feel this book was written to crossover to the masses and thus it doesn’t hit the bulls-eye for us marketers.
IDEATION – 2/5
INTELLECTION – 2/5
MAXIMIZE – 3/5
WORTHLESS READ
Brand New Brand Thinking (edited by Merry Baskin and Mark Earls)
Eleven marketing experts from the UK contributed essays on a variety of branding topics resulting in a somewhat interesting read. The most interesting essay was from Colin Mitchell and his take on “The Company Brand: Looking inside for the vision.”
IDEATION – 2/5
INTELLECTION – 3/5
MAXIMIZE – 3/5
SOMEWHAT WORTHY READ
CORPORATE SOCIAL RESPONSIBILITY BOOKS
The Transparency Edge (Barbara Pagano, Elizabeth Pagano)
I’m very interested in learning how to apply “transparency” to marketing messaging. This book is geared more to applying “transparency” to leadership skills than it is to marketing. Nevertheless, I learned a lot that about how open, honest communication can apply to being a better leader and to being a better marketer.
IDEATION – 3/5
INTELLECTION – 5/5
MAXIMIZE – 4/5
WORTHY READ
18 Immutable Laws of Corporate Reputation (Ronald Alsop)
The Wall Street Journal has been pushing this book hard with a feature story and countless display ads. (This book is a Wall Street Journal branded book … hence the push in paper.) Normally, aggressive marketing makes this marketer a tad skeptical but this book is worth the push. The title of the book is a slight misnomer as this book is focused on how to manage, measure, and nurture the equity of brands. This book gave me a new perspective on brand management because it addresses brands from the unique angle of corporate reputation.
IDEATION – 3/5
INTELLECTION – 5/5
MAXIMIZE – 5/5
WORTHY READ
What Matters Most (Jeffrey Hollender)
I wanted to enjoy this book … however, I didn’t. The message of businesses becoming more accountable to society than just being accountable to deliver upon Wall Street’s quarterly earnings expectations is an important message. I didn’t enjoy the book because it is too verbose and too focused on Seventh Generation. What Matters Most would make for a fantastic in-depth Harvard Business Review article. I didn’t feel the message worked as a lengthy book.
IDEATION – 1/5
INTELLECTION – 4/5
MAXIMIZE – 2/5
WORTHLESS READ
MISCELLANEOUS
The Paradox of Choice (Barry Schwartz)
Do we, as consumers, have too much choice? Is too much choice too much of a good thing? Because we have so much choice, do we become paralyzed by choice and ultimately decide not to decide? Barry Schwartz writes his opinion and while I disagree with much of what he thinks … I do think his book is a thought-provoking read. (For more, check out the review in the April 26 edition of Business Week.)
IDEATION – 2/5
INTELLECTION – 5/5
MAXIMIZE – 4/5
WORTHY READ
Fantastic idea!
I don't suppose if I gave you a list of books that I have been meaning to read for a while, that you could read and review for me :-0
Posted by: Wayne | April 19, 2004 at 04:54 PM
Wayne ... it doesn't hurt to ask. What's on your reading list?
Posted by: johnmoore (from Brand Autopsy) | April 19, 2004 at 08:40 PM
John, well as you asked...
*The Future of Competition: Co-creating Unique Value with Customers - Prahalad
*Re-Imagine - Peters
*A bias for action - Ghoshal
of interest?
Posted by: Wayne (from Cutting through...) | April 20, 2004 at 06:00 AM
Re-imagine cannot be summarized. Its far too dense with far too many ideas and far too many insights to summarize. Its like Tom Peters went through a mind meld with a Vulcan book publisher and the result was an exhaustive 350 pages of everything Tom ever said, thought, or included in a PowerPoint presentation.
I haven't read The Future of Competition: Co-creating Unique Value with Customers and I'm not sure if I will get around to it. Have you consider buying a summary of the book from summaries.com?
I've done these summaries in the past and they are okay. Not the best way to distill all a book has to offer but if you are jonesin' for biz info ... its a quick fix.
Take it from an addict ... you sometimes have to go to drastic measure to satiate your business brain.
Posted by: johnmoore (from Brand Autopsy) | April 20, 2004 at 07:52 AM
Hadn't come across summaries.com, good tip thanks.
Posted by: Wayne (from Cutting through...) | April 22, 2004 at 04:08 AM