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The
Goal, Good to Great...biz books for new batch students
15 June, 2011
MBA education is not just about learning business
management, but also about applying the learning at the
right place, right time, to get the right return
" These books give you experienced insights into the
world of business and management thinking. "
The session for new admissions are soon
going to commence at B-schools. The finally selected
students will finally enter the world of management
education.
 MBA
education is not just about learning business management,
but also about applying the learning at the right place,
right time, to get the right return. Once you get started
with your classroom learning you will get to study numerous
books written by economists, management experts, top
bankers, Nobel laureates, etc, but these will alone not
suffice for developing your management thinking power. For
this you will need to read books that have been time tested.
MBAUniverse.com, as part of its special series on ‘Best
Books on Business’ presents to you today the greatest books
of all times on business written by international authors.
These books give you experienced insights into the world of
business and management thinking.
These are the books which are a must for your mini library
at your hostel room:
The Goal, By Eliyahu M. Goldratt, Jeff Cox, David
Whitford
Written in a fast-paced thriller style, The Goal is the
gripping novel which is transforming management thinking
throughout the world. Alex Rogo is a harried plant manager
working ever more desperately to try and improve
performance. His factory is rapidly heading for disaster. So
is his marriage. He has ninety days to save his plant - or
it will be closed by corporate HQ, with hundreds of job
losses. It takes a chance meeting with a colleague from
student days - Jonah - to help him break out of conventional
ways of thinking to see what needs to be done. The story of
Alex's fight to save his plant is more than compulsive
reading. It contains a serious message for all managers in
industry and explains the ideas which underline the Theory
of Constraints (TOC) developed by Eli Goldratt.
The Fortune at the Bottom of the Pyramid, By C. K.
Prahalad
This book discusses new business models targeted at
providing goods and services to the poorest people in the
world. It makes a case for the fastest growing new markets
and entrepreneurial opportunities being found among the
billions of poor people 'at the bottom of the [financial]
pyramid'. According to Bill Gates, it "offers an intriguing
blueprint for how to fight poverty with profitability."
The book consists of a number of case studies, one to a
chapter, about businesses that have thrived with such
models. These include the businesses Casas Bahia, Patrimonio
Hoy, Bank of Madura, Aravind Eye Hospital, Jaipur rugs
and Project Shakti and how they were founded.
Good To Great, By Jim Collins
Good to Great answers the compelling question: Can a good
company become a great one and, if so, how? After a
five-year research project, Collins concludes that good to
great can and does happen. In this book, he uncovers the
underlying variables that enable any type of organization to
make the leap from good to great while other organizations
remain only good. Rigorously supported by evidence, his
findings are surprising - at times even shocking - to the
modern mind.
Losing My Virginity by Richard Branson
Losing My Virginity is the unusual, frequently outrageous
autobiography of one of the great business geniuses of our
time. When Richard Branson started his first business, he
and his friends decided that "since we're complete virgins
at business, let's call it just that: Virgin." Since then,
Branson has written his own "rules" for success, creating a
group of companies with a global presence, but no central
headquarters, no management hierarchy, and minimal
bureaucracy.
Many of Richard Branson's companies--airlines, retailing,
and cola are good examples--were started in the face of
entrenched competition. The experts said, "Don't do it." But
Branson found golden opportunities in markets in which
customers have been ripped off or underserved, where
confusion reigns, and the competition is complacent.
Naked Economics, By Charles J Wheelan, Burton G Malkiel
Naked Economics demystifies key concepts, laying bare the
truths behind the numbers, and answering those questions you
have always been too embarrassed to ask. Wheelan brings
economics to life. Amazingly, he does so with nary a chart,
graph, or mathematical equation in sight-certainly a feat to
be witnessed firsthand. Economics is a crucial subject.
There's no way to understand the important issues without
it.
Who Says Elephants Can't Dance? By Louis V Gerstner
"Who Says Elephants Can't Dance?" sums up Lou Gerstner's
historic business achievement, bringing IBM back from the
brink of insolvency to lead the computer business once
again. Offering a unique case study drawn from decades of
experience at some of America's top companies -- McKinsey,
American Express, RJR Nabisco -- Gerstner's insights into
management and leadership are applicable to any business, at
any level. Ranging from strategy to public relations, from
finance to organization, Gerstner reveals the lessons of a
lifetime running highly successful companies.
Leadership Challenge, By James M Kouzes, Barry Z Posner
This leadership classic continues to be a bestseller after
three editions and twenty years in print. It is the gold
standard for research-based leadership, and the premier
resource on becoming a leader.
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