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Ecology of Commerce, The: A Declaration of Sustainability books summaries

By Books S on March 28, 2010 in Business & Finance

Amazon.com Review

Paul Hawken, the entrepreneur behind the Smith & Hawken gardening supplies empire, is no ordinary capitalist. Drawing as much on Baba Ram Dass and Vaclav Havel as he does on Peter Drucker and WalMart for his case studies, Hawken is on a one-man crusade to reform our economic system by demanding that First World businesses reduce their consumption of energy and resources by 80 percent in the next 50 years. As if that weren’t enough, Hawken argues that business goals should be redefined to embrace such fuzzy categories as whether the work is aesthetically pleasing and the employees are having fun; this applies to corporate giants and mom-and-pop operations alike. He proposes a culture of business in which the real world, the natural world, is allowed to flourish as well, and in which the planet’s needs are addressed. Wall Street may not be ready for Hawken’s provocative brand of environmental awareness, but this fine book is full of captivating ideas.
This text refers to an alternate

Paperback
edition.

From Publishers Weekly

Hawken ( Growing a Business ) touches on a raw nerve here. How might millions of people live and work in a complex business environment while causing “as little suffering as possible to all and everything around us?” Hawken, no Luddite, believes that “we need a design for business that will ensure that the industrial world as it is presently constituted ceases and is replaced with human-centered enterprises that are sustainable producers.” Avoiding stormy rhetoric, Hawken thoughtfully reviews ecological theories and disasters and insists that “ecology offers a way to examine all present economic and resource activities from a biological rather than a monetary point of view.” Calling for a restorative economy, he proposes rational, achievable goals: stop “accelerating the rate that we draw down capacity”; refrain from “buying or degrading other people’s environment”; and avoid displacing “other species by taking over their habitats.” This noteworthy study should kindle debates within the business community.
Copyright 1993 Reed Business Information, Inc.
This text refers to an out of print or unavailable edition of this title.

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The Ecology of Commerce: A Declaration of Sustainability books summaries

By Books S on March 28, 2010 in Business & Finance

Amazon.com Review

Paul Hawken, the entrepreneur behind the Smith & Hawken gardening supplies empire, is no ordinary capitalist. Drawing as much on Baba Ram Dass and Vaclav Havel as he does on Peter Drucker and WalMart for his case studies, Hawken is on a one-man crusade to reform our economic system by demanding that First World businesses reduce their consumption of energy and resources by 80 percent in the next 50 years. As if that weren’t enough, Hawken argues that business goals should be redefined to embrace such fuzzy categories as whether the work is aesthetically pleasing and the employees are having fun; this applies to corporate giants and mom-and-pop operations alike. He proposes a culture of business in which the real world, the natural world, is allowed to flourish as well, and in which the planet’s needs are addressed. Wall Street may not be ready for Hawken’s provocative brand of environmental awareness, but this fine book is full of captivating ideas.

From Publishers Weekly

Hawken ( Growing a Business ) touches on a raw nerve here. How might millions of people live and work in a complex business environment while causing “as little suffering as possible to all and everything around us?” Hawken, no Luddite, believes that “we need a design for business that will ensure that the industrial world as it is presently constituted ceases and is replaced with human-centered enterprises that are sustainable producers.” Avoiding stormy rhetoric, Hawken thoughtfully reviews ecological theories and disasters and insists that “ecology offers a way to examine all present economic and resource activities from a biological rather than a monetary point of view.” Calling for a restorative economy, he proposes rational, achievable goals: stop “accelerating the rate that we draw down capacity”; refrain from “buying or degrading other people’s environment”; and avoid displacing “other species by taking over their habitats.” This noteworthy study should kindle debates within the business community.
Copyright 1993 Reed Business Information, Inc.
This text refers to an out of print or unavailable edition of this title.

See all Editorial Reviews


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Succession: Are You Ready? books summaries

By Books S on March 28, 2010 in Business & Finance

Review

"A ‘handbook’ in every sense, the latest offering from leadership authority Marshall Goldsmith is a compact field guide to letting go, gearing up, and passing the baton" –T+D Magazine

Product Description

A leader’s greatest challenge can be knowing when it’s time to step aside. A great deal has been written for corporate boards on the issue of succession planning. But most executives have few resources to help guide them through the process. How do you start preparing yourself–and your successor–for your inevitable leadership transition?

In this concise book, leading executive coach and bestselling author Marshall Goldsmith offers candid advice on succession from the outgoing executive’s perspective. From choosing and grooming a successor while sidestepping political minefields, to finally handing over responsibility, Goldsmith walks you through each step in the succession process.

Done right, your successor can enter to applause while you gracefully bow out and start the next chapter of your life.

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ACT! by Sage For Dummies books summaries

By Books S on March 28, 2010 in Business & Finance

Product Description

Are you ready to reap the benefits of the bestselling contact relationship manager (CRM) software on the market today? Well, then—get into the act with ACT! 2008 and find out how the latest version of this exciting software enables you to set up a database that’s right for you so that you can focus on your business and career growth while also saving time and money. With this fun and friendly guide in hand, you’ll discover how ACT! organizes customer information in one place, safely shares customer info between workgroups, and provides you with forecast tools, reports, and a contact database. Whether you’re new to the features of ACT! or you are familiar with the basics but have not yet put to use ACT!’s more advanced abilities, this nuts-and-bolts reference has been updated and revised to make sure that you are up to speed on the most efficient way to organize your customer relationships and activities. Author and full-time ACT! Certified Consultant and ACT! Premier Trainer Karen Fredricks walks you through tasks such as:

  • Setting up the contact database
  • Adding multiple contacts to a group and adding contacts to a company
  • Changing contact-level security access
  • Scheduling activities
  • Using the basic ACT! Reports
  • Designing new reports
  • Automating the backup process
  • Integrating with Outlook
  • Creating groups

ACT! by Sage For Dummies, 9th Edition also boasts a companion Web site that includes all the updates for the 2008 version of ACT! You’ll be amazed by just how quickly you’ll be able to set up a database and get it to act for you.

From the Back Cover

Web site covers ACT! 2008 and beyond Schedule appointments, print reports, and manage your business better It’s easy to see why ACT! is the leading contact management /customer relationship management (CRM) software. Now it has even more cool features, and this guide covers them all. There’s even a new chapter on ACT! Dashboards. Here’s how to choose the right version of ACT!, get set up, and put your database to work making your life easier.

  • Customize ACT! menus
  • Create custom Dashboards to gain business insight
  • Use the task list and calendar
  • Print address books, labels, and envelopes
  • Manage incoming e-mail
  • Keep your data secure

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Schaum’s Easy Outline of Accounting books summaries

By Books S on March 25, 2010 in Business & Finance

Product Description

Boiled-down essentials of the top-selling Schaum’s Outline series for the student with limited time What could be better than the bestselling Schaum’s Outline series? For students looking for a quick nuts-and-bolts overview, it would have to be Schaum’s Easy Outline series. Every book in this series is a pared-down, simplified, and tightly focused version of its predecessor. With an emphasis on clarity and brevity, each new title features a streamlined and updated format and the absolute essence of the subject, presented in a concise and readily understandable form. Graphic elements such as sidebars, reader-alert icons, and boxed highlights stress selected points from the text, illuminate keys to learning, and give students quick pointers to the essentials.

  • Designed to appeal to underprepared students and readers turned off by dense text
  • Cartoons, sidebars, icons, and other graphic pointers get the material across fast
  • Concise text focuses on the essence of the subject
  • Delivers expert help from teachers who are authorities in their fields
  • Perfect for last-minute test preparation
  • So small and light that they fit in a backpack!

From the Back Cover

More than 30 million Schaum’s Outlines sold! Principles of Accounting Schaum’s Easy Outlines Crash Course

  • Includes fully solved exercises for every topic
  • Expert tips for mastering the principles of accounting
  • All you need to know to pass the course

When you don’t have the time…but you still need the grade! If your life is too busy to spend hours ploughing through weighty textbooks, and you need every study minute to count, this Schaum’s Easy Outline is perfect for you! This super-condensed, high-torque study guide gives you what you need to know in a fraction of the time. Super-Impact Built for quick, effective study, this Easy Outline packs exciting new learning tools that make mastering the priciples of accounting fast, fun­­and almost automatic. Speedee Quick-study experts slashed the time you need to spend with your books by reducing the principles of accounting to the essentials the professor expects you to know. This Easy Outline is perfect for test preparation, pre-exam review, and handling those last-minute cram situations. Hi-Quality Easy Outlines give you 100% of the authority of Schaum’s full-sized guides, known around the world for the highest academic standards. Backpack-able Study Power Compact and portable, this Easy Outline lets you study the principles of accounting anywhere. Schaum’s Gets The Grade! Let’s talk bottom line. Schaum’s Easy Outlines give you what you want­­better grades, with less work, and more free time. Get the essence of the principles of accounting the easy way. Schaum’s Easy Outline of Principles of Accounting helps you master the principles of accounting with plenty of illustrations, memory joggers, and the newest, rapid-absorption teacing techniques. Backed by Schaum’s reputation for academic authority, this is the study guide students turn to and trust.

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False Profits: Recovering from the Bubble Economy books summaries

By Books S on March 25, 2010 in Business & Finance

Review

  TruthOut.com, Book Review by Leslie Thatcher, 2/10/10 The delicious double-entendre of Dean Baker’s most recent title is enhanced by the book’s cover photo of a trio of false prophets, Ben Bernanke, Alan Greenspan and Henry (Hank) Paulson, all of whom are thoroughly excoriated within the book’s pages for their responsibility in feeding, prolonging, misdiagnosing and incorrectly responding to the 2007-2009 financial meltdown and the associated economic collapse. However, the book also chronicles the loss of $8 trillion of housing "wealth," $1.4 trillion in annual demand, whatever financial security the vast majority of baby-boomers ever had, "increases" in homeownership rates and any other widespread economic gains associated to the post-2000 period. Truthout has published Dean Baker’s columns about net ob losses for 2000 – 2010, a decade that also saw a 26 percent drop in the stock market, the elimination of the $236 billion federal budget surplus President Bush inherited and its transformation into a record deficit and the overall deliquescence of any societal and most people’s personal economic "profits." While most of us find ourselves economically worse off after the last ten years, some have done extremely well and most of those who bear the burden of responsibility for the American economic catastrophe have suffered no consequences whatsoever: financial, social or professional. Writing about Bernanke specifically, Baker’s remarks are equally apposite to other titans of finance, central banking and the financial regulatory regimes: It would difficult to imagine someone with a comparable record of disastrous failures being allowed to remain in most jobs. Would a nurse who routinely administers the wrong medicine and causes his patients to die be allowed to keep his job? Would a bank teller who leaves the cash drawer open remain in her position? How about the school bus driver who comes drunk to work? In most lines of work, a certain level of competence is expected. Unfortunately, this is not the case for those who set US economic policy. [1] Baker places the burden of blame on regulators and the political establishment because they utterly perverted their mission: Progressives do conservatives’ bidding when we denounce them as "market fundamentalists." We should, instead, be exposing their use of government to set up structures that ensure the market works to benefit the wealthy. We could then bring our policies into focus as those designed to ensure that market outcomes will benefit the bulk of the population. The market is just a tool, like a wheel or a hammer. It would be bad politics and bad policy for progressives to make a big scene attacking the wheel. It is similarly bad politics and bad policy to put these attacks on the market at the center of a political agenda. [2] Baker never attacks the wheel; instead he demonstrates how it was deliberately allowed to run wild. As Baker himself warned as early as summer 2002, all indicators pointed to the rise in housing prices as a classic bubble, divorced from any tether in reality, yet the regulators, media and most mainstream economists kept pumping hot air into that bubble. Further, Dean Baker exposes the pathetic excuses that the regulators did not have the necessary tools to put on the brakes for the self-serving and specious rationalizations they are. [3] Ever debunking the myth that somehow it was the "free" market at work, he relentlessly exposes how regulation, regulatory bodies and the public officials charged with supervising the financial industry have used their power to favor a narrow swathe of private interests over the public good. And, as always, Baker highlights what alternatives were and are available to turn that equation around. Baker’s relentless exposé of what is actually subsidized and who profits from specific policies, how wealth is transferred and how all this activity is disguised fuels his narrative with "true prophet" power. "False Profits" combines impeccable scholarship – assembling an array of relevant facts and data totally accessible to non-economists – with Baker’s acerbic, but unforced, wit and verve. His iconoclasm constantly renews its sources and consistently targets those "false prophets" in all sectors who contribute to misleading the American people. Baker is the journalists’ economist, the reality-based economist: whatever other case he may be making, he invariably demonstrates why correct and timely information and clear understanding are essential to economic problem-solving, as well as how "fudges" harm everyone. The book’s structure begins by a backward look, an analysis of precisely how we reached the present situation and what our present situation actually is (in chapters, "Economic Collapse: It Is Their Fault," "Surveying the Damage" and "The Terrible Tale of the TARP"), then pivots on an exposition of why correct diagnosis and analysis are so crucial ("Will They Ever Discover the Housing Bubble?"), develops the case he has presented with three chapters of prescription ("Stimulus: It Is Just Spending," "Real Stimulus: Programs to Boost the Economy" and "Reforming the Financial System") and concludes with a resounding final call for accountability ("Remember the Housing Bubble"). Unfortunately, recent events – the absence of any effective policy to slow down foreclosures; the most probably ineffective and unquestionably inadequate stimulus measures in the just-presented budget; financial services regulatory proposals that do not address the causes for regulatory failure – suggest that the present administration is only slightly more willing to learn from Dean Baker’s acute analyses than was its predecessor. And Ben Bernanke’s reconfirmation as Fed chairman is just the most recent and flagrant sign that the administration has no intention of investigating, let alone punishing, the regulatory – and individual regulators’ – blunders that led to the present pass. Economics is a science of human behavior. It rests on the observation that people respond to incentives. Consequently, Baker’s apparently political argument that there must be consequences for the failures of judgment and action that resulted in the economic meltdown is a quintessentially economic one. With no disincentives for failure and the ever-present incentives for complicity offered by the industry that has captured them, regulators will continue to fail the whipping boy who pays for their transgressions – us.

Product Description

Building on the author’s expertise, False Profits recounts the causes of the economic meltdown, dissects the government’s inadequate responses to it, and offers a thoughtful progressive program for rebuilding the economy and reforming the financial system.

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Building the Bridge As You Walk On It: A Guide for Leading Change books summaries

By Books S on March 25, 2010 in Business & Finance

Review

“Quinn’s work captures a crucial truth about great leadership—that it is about who we are and not what we do. In facing our fears and harnessing our uniqueness, we bring forth the capacity for inspired leadership and for enduring change. Robert Quinn is a gifted storyteller. This is his best book to date.”
—Peter J. Frost, Edgar F. Kaiser Professor of Organizational Behavior, Sauder School of Business, University of British Columbia, and author of Toxic Emotions at Work “Quinn’s fundamental state of leadership is fundamentally uncommon. Rather than focusing on how to lead others, he has served up authentic insights on how leaders can best lead themselves.”
—Jim Haduan, CEO, Root Learning, Inc. “Read this book only if you are willing to address the fear that keeps you from leadership, and from profound change in yourself and others.”
—Allan R. Cohen, Distinguished Professor of Global Leadership, Babson College, and coauthor of Power-Up: Transforming Organizations Through Shared Leadership “Quinn takes us to the chasm where deep change is lived and led—then guides us over it.  Practical scholarship. Masterful teaching.”
—Philip Mirvis, coauthor of To the Desert and Back: The Story of One of the Most Dramatic Business Transformations on Record “A gem of a book, as wise and practical a guide on individual and organizational transformation as you’ll find anywhere.”
—Warren Bennis, university professor, University of Southern California and coauthor of Geeks and Geezers: How Era, Values, and Defining Moments Shape Leaders “The process of becoming a leader or revitalizing yourself is chaotic and frightening. Through many inspirational stories in this book, readers will find the courage to embrace a truly transformative change.”
—Richard E. Boyatzis, professor and chair of the Department of 0rganizational Behavior, Case Western Reserve University, and coauthor of Primal Leadership: Realizing the Power of Emotional Intelligence “Prepare yourself for a journey into intellectual, emotional, and spiritual integrity—a journey this will span the remaining course of one’s life.”
—Allen C. Bluedorn, author, The Human Organization of Time “Bob Quinn makes exquisite use of real life experiences in such a way that his book is engaging as well as profound. It speaks to me directly.”
—Ricardo B. Levy, founder, chairman of the board, Catalytica Energy Systems, Inc. “This book is not about superheroes, but about how each one of us how the power to create positive change – if only we are willing to see and step into our own capabilities.”
—Professor Sim B Sitkin, director, Fuqua-Coach K Center on Leadership and Ethics, Duke University “For someone who has struggled for 25 years with change personally and professionally—as an internal change agent,  external consultant, and academic—Building the Bridge as You Walk on It provides a profound integration of the self/other/organizational contexts and a timely reminder that all change is self-change.”
—Mike McGrath, vice president of consulting services, Executive Development Associates “I picked up “Building the Bridge…” on a gray, rainy, California morning thinking I would peruse a few pages before a nap. I laid the manuscript down only when the last page had been turned many hours later. No nap! Instead a bright awakening to insight and wisdom regarding leadership that Robert Quinn lucidly structures through stories carefully paired with precise conceptualization.”
—Andre’ L. Delbecq, Thomas J. and Kathleen L. McCarthy  University Professor, Leavey School of Business, Santa Clara University “Quinn details the practices to follow in the journey towards the fundamental state of leadership. Leaders of corporations, governments, nonprofits, community action, families, academic departments-all find resonance with this book!”
—Laurie N. DiPadova-Stocks, founding director, Scripps Howard Center for Civic Engagement, Northern Kentucky University “This book provides a guide for change that leaders at all levels of the organization can understand and use. More importantly it will help them become people who really like themselves. Because they live and act from principle, they will not have to worry about the craziness of organizations and life.”
—Professor Lloyd Baird, director, the Leadership Institute, Boston University “With more and more people reading this book the notion of resistance to change may gradually fade. Quinn’s attractive concept of positive deviancy is not only an antidote to resistance but a way of thinking and acting that embraces change.”
—W. Warner Burke, Edward Lee Thorndike Professor of Psychology and Education; Teachers College, Columbia University “Effective leadership is crucial for successful organizational change, but the person as leader is often ignored in discussions of change. This wonderful book places the person of the leader front and center. It invites, encourages and inspires its readers to find in themselves the leadership of which they are capable.”
—Jean M. Bartunek, professor of organization studies, Boston College “This book highlighted for me that leadership is an endogenous development, not an exogenous event. The most effective leaders are those whose who remain coachable themselves, and focus on developing themselves.”
—Bert Whitehead, author, Facing Financial Dysfunction: Why Smart People Do Stupid Things With Money “If you or your family or your organization are in pain, and you want the pain to stop but it won’t, read this moving, action-oriented book. ”
—Bill Torbert, author, Action Inquiry: The Secret of Timely and Transforming Leadership “Robert Quinn’s book is fascinating, I wish it’s valuable insights had been available to me when I lead a major bank. It is so easy to glide along in your comfort zone. I was particularly taken by the quote, ‘real leadership is about moving forward in faith and doing so requires both head and heart.’”
—Jack Hoag, director, First Hawaiian Bank and BancWest Corp “Bringing integrity and humanity clearly into leadership study, Quinn’s work recognizes that leadership is not a mere fragment of life-not something you leave behind as you close your office door-and not organizationally constructed.  It is truly for all seasons and settings, integrally woven into our lives and psyche, grounded our best selves.”
—Laurie N. DiPadova-Stocks, Ph.D., founding director, Scripps Howard Center for Civic Engagement, Northern Kentucky University “Bob Quinn makes exquisite use of real life experiences in such a way that his book is engaging as well as profound. It speaks to me directly.”
—Ricardo B. Levy, founder, chairman of the board, Catalytica Energy Systems, Inc.

Product Description

Building the Bridge As You Walk On It tells the personal stories of people who have embraced deep change and inspired author Robert Quinn to take his concept one step further and develop a new model of leadership–“the fundamental state of leadership.” The exploration of this transformative state is at the very heart of the book. Quinn shows how anyone can enter the fundamental state of leadership by engaging in the eight practices that center on the theme of ever-increasing integrity–reflective action, authentic engagement, appreciative inquiry, grounded vision, adaptive confidence, detached interdependence, responsible freedom, and tough love. After each chapter, Quinn challenges you to assess yourself with respect to each practice and to formulate a strategy for personal growth.

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The Dark Side of Valuation: Valuing Young, Distressed, and Complex Businesses books summaries

By Books S on March 25, 2010 in Business & Finance

Product Description

The Definitive Guide to Valuing Hard-to-Value Companies: Now Fully Revised for Today’s Financial Markets Financial professionals have long faced the challenge of accurately valuing companies that are difficult to value using conventional methodologies. Years ago, this challenge was most keenly felt in the “dot-com” industries, and many professionals fell victim to the “dark side,” creating values that were simply unsustainable. Now, amidst today’s global financial crisis, the same challenge applies to a far wider spectrum of enterprises and assets, ranging from Asian equities to mortgage-backed securities and financial services firms. Aswath Damodaran has thoroughly revised this book, broadening its perspective to consider all companies that resist easy valuation. He covers the entire corporate lifecycle, from “idea” and “nascent growth” companies to those in decline and distress, and offers specific guidance for valuing technology, human capital, commodity, and cyclical firms. Damodaran places special emphasis on the financial sector, illuminating the implications of today’s radically changed credit markets for valuation. Along the way, he addresses valuation questions that have suddenly gained urgency, ranging from “Are U.S. treasuries risk free?” to “How do you value assets in highly illiquid markets?”

  • Vanquishing the “dark side”
    Overcoming the temptation to use unrealistic or simplistic valuation methods
  • Revisiting the macro inputs that go into valuation
    What you must know about risk-free rates, risk premiums, and other macroeconomic assumptions
  • Valuing idea and nascent companies: the first stages of entrepreneurial valuation
    Intelligent analysis for angel and early venture capital investing
  • Special challenges associated with valuing financial services firms
    Includes new insights into projecting the impact of regulatory changes
  • Best practices and proven solutions from the world’s #1 expert in valuation, Aswath Damodaran
  • Now covers all industries and all stages of the corporate lifecycle
  • Includes extensive new coverage of valuing financial services and commodities companies
  What’s that company or asset really worth? The question is more urgent than ever: We’ve all discovered the havoc that can be caused by misvaluing assets and companies. But some assets are extremely difficult to price with traditional methods. To accurately value them, start with the techniques and best practices in this book.   Renowned valuation expert Aswath Damodaran reviews the core tools of valuation, examines today’s most difficult estimation questions and issues, and then systematically addresses the valuation challenges that arise throughout a firm’s lifecycle. Next, he turns to specific types of hard-to-value firms, including commodity firms, cyclical companies, financial services firms, organizations dependent on intangible assets, and global firms operating diverse businesses.   Damodaran’s insights will be indispensable to everyone involved in valuation: financial professionals, investors, M&A specialists, and entrepreneurs alike.  

About the Author

ASWATH DAMODARAN is Professor of Finance at the Stern School of Business at New York University and one of the world’s most highly regarded experts on valuation and finance. His books include Damodaran on Valuation, Investment Valuation, Corporate Finance: Theory and Practice, and Applied Corporate Finance: A User’s Manual. His recent book, Strategic Risk Taking, explores how we think about risk and the implications for risk management. He has received the Stern School of Business Excellence in Teaching Award seven times and was profiled in BusinessWeek as one of the top twelve U.S. business school professors.


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