Review: The Politics of Fortune–A New Agenda For Business Leaders

5 Star, Best Practices in Management, Capitalism (Good & Bad), Complexity & Resilience, Congress (Failure, Reform), Empire, Sorrows, Hubris, Blowback, Environment (Problems), Executive (Partisan Failure, Reform), Intelligence (Public), Survival & Sustainment, Values, Ethics, Sustainable Evolution

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5.0 out of 5 stars Outstanding! Could Save the Business of America….,

December 13, 2002
Jeffrey E. Garten
The author, dean of the Yale business school, has rendered a most valuable service to the business leaders of America, and in the process opened the possibility that new forms of business education, new forms of business practice, and new forms of moral global governance might yet emerge in America.Originally inspired by the “double-whammy” of 9-11 and Enron on business–(the one costing America, by Fortune's estimate for businesses alone, $150B in additional security measures, or close to 1.5% of the Gross Domestic Product; while others suggest 9-11 has reduced profits by 5-6%), the author provides an easy to read, well-documented overview of why CEOs have to engage in rebuilding the integrity of business, protecting the homeland, preserving global economic security and free trade, taking on global poverty, and influencing foreign policy.

The author excells at pointing out, in the most gracious way possible, how all of the preconceptions of the current administration, and in particular its penchant for unilateralist military bullying, have proven both unworkable in achieving their intended results, while also unsuitable in being translated to economic gains. Military power does not translate into economic power or added prosperity.

This book is *loaded* with common sense and specific ideas for getting business leadership back into the global stabilization dialog. The author focused on two ideas that I consider to be especially important: the need to reexamine how the taxpayer dollar is being spent on national security, with a view to redirecting funds (I add: from military heavy metal to what Joe Nye calls soft power: diplomacy, assistance, intelligence); and on the urgency of restoring the independence and expanding the mandate of the U.S. Information Agency so as to overcome the acute misperceptions of the US fostered by Saudi-funded schools for youths being taught to hate, and little else.

The non-governmental organizations come in for special scrutiny, and the author has many good ideas, not only for promoting better business-NGO partnerships, but for auditing the NGOs and not ceding to them the moral high ground. As he points out, many organizations that oppose globalization or specific business practices do not have any standards or transparency with respect to who funds them, how decisions are made, and so on.

Finally, the author concludes with a focus on business education. While citing many improvements made by many schools, he notes that a comprehensive study and reengineering overall has not occurred since the late 1950's and early 1960's, and that the time is long past when graduate business education must be completely revamped. He is exceptionally astute and credible throughout the book as he explores the many things that CEOs need to know but do not receive training on, to include understanding and dealing with government, NGOs, citizen advocates, and the real world. As he notes, Master's in Business Administration tend to train students for the first years in the corporation, not the long-haul. He places some emphasis on the need to consider continuing education as an extension of the original program, and I immediately thought of an MBA as a limited-term license that must be renewed by recurring personal investments in education.

As someone whose opening lecture line to citizens and businessmen is “if the State fails, you fail,” I found this book extraordinarily valuable and urgent. We get the government we deserve. If citizens do not vote, if businessmen do not think of the larger social goods and social contexts within which they operate, then the government will prove incapable and at some point the party will be over.

Yale has always had an extra helping of morality and humanity; in this book the dean of the business school ably makes the case that business leadership and engagement in national security and global stabilization is the sine qua non for continued prosperity. He's got my vote–if I were a mature student looking for a place to learn, he's put Yale right at the top of my list.

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Review: Unleashing the Ideavirus

5 Star, Best Practices in Management, Change & Innovation, Education (General)

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5.0 out of 5 stars Gold Collar Guide to Fame and Fortune,

October 5, 2002
Seth Godin
Bottom line on this book is clear: the path to fame and fortune for “gold collar workers” (a term I first saw used by Robert Carkhuff in “The Exemplar: The Exemplary Performer in an Age of Productivity (Human Resource Development Press, 1994) consists of four parts: 1) establish a personal brand name by placing before the marketplace a *free* capstone idea, “manifesto” or other form of self-expression; 2) have a web-site with forwarding email that allows anyone who likes your idea to download it, read it, share it; 3) work hard at getting your idea to a few powerful “sneezers” (the author has an alliance with Malcolm Gladwell, author of “The Tipping Point” and also of the foreword to this book)–pay them if you have to; and 4) let the money flow in from the post-branding offers for speeches, consulting, and new books.I was initially inclined to give this book only 4 stars because it is not a traditional book with a lot of references (it does have an acceptable index) but I realized that the author not only accomplishes all he sets out to do, but the book is a real value in terms of both its financial cost, and time cost–reading this book certainly suggested to me several actionable ideas that will make my web site and my efforts to spread the idea of intelligence reform better. While the author is enamoured of “Fast Company” (the magazine) and works hard to pay back some favors in his text, the various web sites that he mentions, including Epinions, Planetfeedback, and Enfish, are generally relevant and therefore not objectionable.

There are two competing ideas in the book, both worthy of note–first, that the public attention span is so limited that most of the money is made in the first release/first sales period, and then one should move on; and second, that persistence pays and the real money is to be had from the post-branding streams of revenue. I believe this stems from the juxtaposition of how companies make money if they have the wherewithall to to churn the market with a lot of new offerings; and how individuals make money by establishing personal brand names–in general the author is strongest when dealing with what single individuals can and should do to take what they are really good at, package it, put it out (free), and then systematically reap residual financial benefits.

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Review: Clock Of The Long Now–Time And Responsibility: The Ideas Behind The World’s Slowest Computer

5 Star, Best Practices in Management, Complexity & Resilience, Consciousness & Social IQ, Cosmos & Destiny, Culture, Research, Decision-Making & Decision-Support, Education (General)

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5.0 out of 5 stars Truly Extraordinary–Core Reading for Future of Earth- Man,

September 29, 2002
Stewart Brand
I confess to being dumb. Although I know and admire the author, who has spoken at my conference, when the book came out I thought–really dumb, but I mention it because others may have made the same mistake–that it was about building a cute clock in the middle of the desert.Wrong, wrong, wrong (I was). Now, three years late but better late than never, on the recommendation of a very dear person I have read this book in detail and I find it to be one of the most extraordinary books–easily in the top ten of the 300+ books I have reviewed on Amazon.

At it's heart, this book, which reflects the cummulative commitment of not only the author but some other brilliant avant guarde mind including Danny Hillis, Kevin Kelly (WIRED, Out of Control, the Rise of Neo-Biological Civilization), Esther Dyson, Mitch Kapor (Lotus, Electronic Frontier Foundation) and a few others, is about reframing the way people–the entire population of the Earth–think, moving them from the big now toward the Long Here, taking responsibility for acting as it every behavior will impact on the 10,000 year long timeframe.

This book is in the best traditions of our native American forebears (as well as other cultures with a long view), always promoting a feedback-decision loop that carefully considered the impact on the “seventh generation.” That's 235 years or so, or more.

The author has done a superb job of drawing on the thinking of others (e.g. Freeman Dyson, Esther's father) in considering the deep deep implications for mankind of thinking in time (a title popularized, brilliantly, by Ernest May and Richard Neustadt of Harvard), while adding his own integrative and expanding ideas.

He joints Lee Kuan Yew, brilliant and decades-long grand-father of Asian prosperity and cohesiveness, in focusing on culture and the long-term importance of culture as the glue for patience and sound long-term decision-making. His focus on the key principles of longevity, maintainability, transparency, evolvability, and scalability harken back to his early days as the editor of the Whole Earth Review (and Catalog) and one comes away from this book feeling that Stewart Brand is indeed the “first pilot” of Spaceship Earth.

It is not possible and would be inappropriate to try to summarize all the brilliant insights in this work. From the ideas of others to his own, from the “Responsibility Record” to using history as a foundation for dealing with rapid change, to the ideas for a millenium library to the experienced comments on how to use scenarios to reach consensus among conflicted parties as to mutual interests in the longer-term future, this is–the word cannot be overused in this case–an extraordinary book from an extraordinary mind.

This book is essential reading for every citizen-voter-taxpayer, and ends with an idea for holding politicians accountable for the impact of their decisions on the future. First class, world class. This is the book that sets the stage for the history of the future.

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Review: The Volunteer Recruitment (and Membership Development) Book

4 Star, Best Practices in Management, Civil Society

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4.0 out of 5 stars Somewhat Dated, Some Nuggets,

July 23, 2002
Susan J. Ellis
This book (acutally an 8.5 by 11 manual), originally published in 1994 and based on 1980's readings, is somewhat dated and has been only marginally updated. It falls into the second rank of the four books that made the cut from among the many available. Helen Little's “Volunteers: How to Get Them, How to Keep Them” stands alone as the single “must buy.” This book is co-equal to two others, each recommended as supplementary reading because each has something to offer at a secondary level: Sue Vineyard and Steve McCurley's “Best Practices for Volunteer Programs” and Jarene Frances Lee with Julai M. Catagnus, “Supervising Volunteers: An Action Guide for Making Your Job Easier.”There are two aspects of this manual by Susan Ellis that I did not see in the other books: first, her emphasis on casting a wide net and reaching as many potential volunteers as possible….(“Most people do not say ‘no'; they simply never knew you wanted them to say ‘yes'.) While I am skeptical of wasteful advertising programs in this time of diminishing leisure hours, there is something to this. The other vital chapter that this manual offers is the one addressing the importance of image, i.e. the public perception of the organization seeking volunteers, the reputation that it can specifically draw on as a resource.

There are a few flakey notes (e.g. one vignette about recruiting people to call parents and offer support as they are getting kids out the door to school. Any normal parent, especially if one parent is absent or has an early work start, would be furious at any volunteer daring to call in the midst of the chaos that charactizes getting three kids out the door to three different bus pick-up times.)

This manual does have an index. Bottom line: dated, some nuggets, if volunteers are vital to your success, worth getting.

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Review: The Warning Solution–Intelligent Analysis in the Age of Information Overload

5 Star, Best Practices in Management, Complexity & Resilience, Country/Regional, Culture, Research, Empire, Sorrows, Hubris, Blowback, Force Structure (Military), Information Operations, Information Society, Insurgency & Revolution, Intelligence (Government/Secret), Intelligence (Public), Peace, Poverty, & Middle Class, Politics, Power (Pathologies & Utilization), Priorities, Secrecy & Politics of Secrecy
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Kristan Wheaton

5.0 out of 5 stars Solving Major Problems Early for 1/50th of the Cost

July 4, 2001

I first heard Kris Wheaton lecture in Europe, and was just blown away by the deep understanding that he demonstrated of why commanders and CEOs are constantly missing the warnings their subordinates and forward scouts are sending back–the huge cost! Kosovo, for example, could have been a $1 billion a year problem if acted upon wisely and early, instead it became a $5 billion a year problem. I like this book very much because it makes his deep insights available to everybody in a very readable, well-illustrated, and concise book.

I strongly recommend this book because it offers the only thoughtful explanation I have ever seen on the conflict between the senior decision-maker's attention span (can only think about $50 billion problems) and the early warning that *is* available but cannot break through to the always over-burdened, sometimes arrogant, and rarely strategic top boss. In this regard, his book is a fine complement to the more historical work by Willard Matthias on “America's Strategic Blunders.”

This book also offers solutions. It is a book that should be required reading for all field grade officers in all military services, as well as state and local governors and majors, university and hospital and other non-profit heads, and of course the captains of industry who spend billions, often unwisely, because they have not established a scouting system that can be heard at the highest levels *in time*. America, among many other nations and organizations, has a habit of ignoring its iconoclasts and mavericks–in an increasingly complex world where catastrophic combinations of failure are going to be more common, such ignorance will eventually become unaffordable and threatening to the national security as well as the national prosperity of those who persist in thinking about old problems in old ways.

There is one other aspect of this book that merits strong emphasis: it focuses on human understanding and human engagement with the world, and makes it clear that technology has almost nothing to do with how well we cope with the external environment that defines our future. There aren't five people in the US government, to take one example, that adequately understand the rich intellectual history of Islam nor the core difference between the Islamic emphasis on knowledge integration as the core value and the Christian emphasis on love as the core value. The author of this book is one of America's foremost authorities on the Balkan conflict and the deep importance of historical and cultural understanding as part of current political and operational competency–we need 1000 more intelligence professionals just like him. This book will inspire and provoke and is a great value for anyone who deals with the world at large.

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Review: Protecting Public Health and the Environment–Implementing The Precautionary Principle

4 Star, Best Practices in Management, Complexity & Catastrophe, Complexity & Resilience, Environment (Problems), Environment (Solutions), Nature, Diet, Memetics, Design, Science & Politics of Science, Survival & Sustainment, Values, Ethics, Sustainable Evolution
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4.0 out of 5 stars On Target but Fragmented–Needs New Edition with Summary

June 2, 2001

Carolyn Raffensperger (Editor), Joel Tickner (Editor), Wes Jackson (Foreword)

This is the second best of several books on environmental policy I have reviewed, and it merits careful scrutiny in part because it brings together a number of expert authors and there is in essence “something for everyone” in this edited work. What is lacks, though, is a good summary chapter that lists how the “precautionary principle” should be applied across each of the top ten environmental areas of concern–something that could circulate more easily than the book, and perhaps have a beneficial policy impact at the local, state, and national levels–and I suggest this because the meat of the book is good, it needs an executive summary.

The chapter that was most meaningful to me, the one that I think needs to be migrated into business education, international affairs education, science & technology policy education, is by Gordon K. Durnil, Chapter 16, and it deal with “How Much Information Do We Need Before Exercising Precaution.” This is a brilliant piece of work that dissects our current environmental policy information collection, processing, and analysis system, and finds it very deceptive, disingenuous, and consequently seriously flawed.

For the best on the environment, read Pandora's Poison. For the best on public health, read Betrayal of Trust. For a very fine cross-over book that has good chapters from various good people, this is the book to buy and enjoy.

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Review: Developing Knowledge-Based Client Relationships, The Future of Professional Services

5 Star, Best Practices in Management

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5.0 out of 5 stars Deceptively Simply, Seriously Valuable,

March 19, 2001

Ross Dawson

A great deal of work went into conceptualizing and crafting this book, and I give very high marks to the author, who does a really superb job of integrating insights from knowledge management, information technology, cognitive modeling, and client relationship or account management. This book makes the jump from airplane reading, to “hold and read several times more.”

At the heart of the book, and many appear to miss this on the first reading, is the author's distinction between commoditized information services and differentiated information services. The first, aided by automation, is on a downward spiral in terms of both value and pricing, and competition is fierce. The second, partially aided by automation but ultimately being unique for rising to a higher level of knowledge service delivery that can only be done by expert humans, is where value pricing and differentiation can be found, and where professional services need to go if they are to remain profitable.

The second urgent and valuable insight the author shares with us is the co-evolutionary nature of a service that evolves through constant knowledge transfer to the client and constant co-creation of new knowledge as the competitive advantage; and a very deep and broad relationship with the client at all levels of both organizations. One leads to the other, the other leads to finding new business with the same client, and the cycle repeats itself. This insight is especially relevant to all those who are using information technology to force single human account managers to handle more and more accounts remotely, all the while “losing touch” with their clients for lack of time to make the personal visit or personal telephone call. This is also explicitly contrary to the prevailing “black box” model where knowledge is withheld as proprietary–the author makes it clear that in this new era, withheld knowledge is much less valuable and much less survivable–this is a dying model.

Among the sections of the book that I found especially worthwhile, partly for their elegance of expression and partly because they represent a considerable professionalism in distilling vast arrays of writing by others, were those that itemized the seven processes for adding value to the client relationship by adding converting information into knowledge (filtering, validation, analysis, synthesis, presentation, ease of access and use, customization); the rare simplicity of the distinction between implicit and explicit knowledge and how to communicate both kinds of knowledge; the brief but sufficient discussion of four key humans in the loop: the senior representative, the relationship coordinator, the knowledge specialist, and the knowledge customer; and the more general discussion of the various means for communicating knowledge value to the client, both in terms of channels and in terms of events including scenarios and wargaming.

Contrary to the publicity, this is not a case study book, although the several “gray block” inserts are both helpful and credible. This book is an executive primer for managing value in the 21st Century, and it merits several readings, not one.

Where the book falls short, and it may be that this is deliberate and better left for another book, is in the section on pricing knowledge services. Despite a fine summary of the kinds of pricing that are used, from time and materials (both the predominant means and the least profitable) to retainer to contingency to commissions and tenders, one is left feeling that neither the author nor his otherwise excellent sources have really come to grips with the fact that clients are still mired in an industrial-age financial mindset that values fixed goods and is not yet ready to pay for intangible knowledge goods. My own research suggests that fully half of the competition for knowledge professionals comes from client middle managers and senior sales or production experts who believe that they know everything they need to know to make good decisions–the other half comes from niche providers of very fragmented services, from the aggregators of online information (Factiva, Lexis-Nexis, DIALOG) to the market research firms (FIND/SVP, Fuld, SIS) to private investigative groups (Arkin, Kroll, IGI) to academic consultants (Harvard, UT) to localized information brokers listed in the Burwell Directory…and many many other sources including commercial imagery and Russian military maps of third world regions that most knowledge specialists–as well as their clients–overlook completely. Somewhere in all this mix, the big accounting and legal firms are trying to leverage their access to clients by becoming portals to global knowledge, and they are *not* delivering the integrated value they should–a value that can only come when the author's wisdom becomes conventional, and every professional services person knows how to define the question, discover and validate the sources, discriminate and distill the many sources into a value-added compelling presentation, and do so in timely easy to use fashion.

Some will be deceived by the very easy to read and well-organized sections into thinking this book is slightly superficial. That is not the case. This is a very well researched book that represents enormous value-added because the author has creatively distilled and organized at least four separate literatures, and done so in a fashion that will repay multiple readings of the book by the new standard: at least twice the value of your time taken for each reading.

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