Books and Articles

Participants in Biz, Bucks sessions may find the following books and articles of interest:


Organizational Effectiveness

Fitz-enz Jac and Phillips, Jack J. (1998) A New Vision for Human Resources Menlo Park: Crisp Management Library. Some visionary thinking for HR on strategy and measurement.

Lev, Baruch (2001) Intangibles, Management, Measurement, and Reporting, Harrisonburg: Donnelly and Company. [A great treatise on valuing intangibles in stock valuations.]

Welch, Jack (2001), Jack – Straight from the Gut. New York: Warner Business Books. Autobiography of the famous CEO of GE.

Becker, Brian E., Huselid, Mark A., Ulrich, Dave (2001) The HR Scorecard: Linking People, Strategy, and Performance. Boston: Harvard Business School Press. The best book so far to help HR “get it” regarding strategy, measurements, business acumen, and much more.

Blanchard, Ken & Bowles, Sheldon (1998).  Gung Ho! New York: William Morrow. [This simple story illustrates the implementation of a competitive culture.  A two-hour read...a must for OE people.]

Johnson, Spencer, M.D. (1998).  Who Moved My Cheese?  New York: Putnam. [The best book for individuals involved in organizational change, and you can read it in less than an hour.]

Kaplan, Robert S., & Norton, David P. "Putting the Balanced Scorecard to Work," Harvard Business Review, Sept-Oct 1993 (pp. 134-142).

Kotter, J.P., & Heskett, J.L. (1992). Corporate Culture and Performance. New York: The Free Press. [Chapter 1 discusses the need for a balanced culture.]

Kotter, John P. (1996). Leading Change. Boston: Harvard Business School Press. [The best "first read" on OE and change.] 

Lawler, Edward E. III. (1996). From the Ground Up: Six Principles for Building the New  Logic Corporation. San Francisco: Jossey-Bass. [Ed is arguably the leading expert on OE, particularly in compensation.]

Sawyer, Ralph D. (1994). Sun-Tzu, The Art of War. New York: Westview Press/Barnes & Noble Press. [This is the oft quoted book on strategy...from a Chinese warrior, 500 B.C.]
 
Simons, R., "How New Top Managers Use Control Systems as Levers for Strategic Renewal" Strategic Management Journal, 15, 169-189.

Ulrich, Dave. (1997). Human Resource Champions. Boston: Harvard Business School Press. [Ulrich is introduced at conferences as the top HR consultant in the world. A "must" read for HR professionals. A bit tough from a "word swamp" standpoint.]

Ulrich, Dave, Zenger, Jack, & Smallwood, Norm (1999). Results-Based Leadership. Boston: Harvard Business School Press.  [Another "must" when doing strategic planning and leadership competencies.]


Finance

Copeland, Tom, Koller, Tim, & Murrin, Jack. (1996). Valuation: Measuring and Managing the Value of Companies. New York: John Wiley & Sons. [This one is quite technical. For "Quantoids" only.]

Ehrbar, Al (1998). EVA: The Real Key to Creating Wealth.  New York: John Wiley & sons, Inc. [This is a "marketing" book for Stern Stewart the EVA experts. It explains several concepts of Economic Value Added (EVA) and Market Value Added (MVA) very well. Stern Stewart is very successful in changing the cultures of companies through EVA concepts.]

Hammond, John S., Keeney, Ralph L., & Raiffa, Howard (1999). Smart Choices: A Practical Guide to Making Better Decisions. Boston: Harvard Business School Press.

Rappaport, Alfred (1998). Creating Shareholder Value. New York: The Free Press. [Al Rappaport is the dean of value creation.]

Rappaport, Alfred. "Ten Pointers for Investing in Internet Stocks," Wall Street Journal, February 24, 2000 (page R1).  [Some solid input during some tumultuous times.]

Malkiel, Burton G. (1999) A Random Walk Down Wall Street: The Best Investment Advice for the New Century. New York: W.W. Norton and Company. [Really the best advice for a “buy and hold” strategy.]

Sease, Douglas R. (2001). Winning with the Market: Beat the Traders and Brokers in Good Times and Bad. New York: Simon and Schuster. [A new version of principles from Malkiel’s Random Walk.]

”Is the Market Rational?” Fortune, Dec. 9, 2002, page 116. [Behavioralists and the “efficient-market” theorists bang heads.]


Economics

Friedman, Thomas L. (1999). The Lexus and the Olive Tree. New York: Farrar, Straus, and Giroux. [Friedman, the New York Times international affairs correspondent, explains the globalized world.]

Simon, Julian L. (1996). The Ultimate Resource 2. Princeton: Princeton University Press. [The late Dr. Simon has courageously moved the academic world on the subject of population. If you formerly have followed Paul Erlich on this subject, you have some things to learn.]

“Power Failure,” Fortune Dec. 9, 2002, page 187. [A prediction of a return to normalcy for the electric energy industry, away from speculative trading.]

Sowell, Thomas (2004), Basic Economics. New York: Basic Books. [Flat out the best economics book for lay people ever written. No graphs, equations, or formulae. Just great thinking and insightful prose. I wish every politician and journalist would read it.]

Bernstein, Peter L. (1996) Against the Gods: The Remarkable Story of Risk. New York: John Wiley & Sons. [Sounds boring, but this is a good read to get the picture of the development of probability and statistics. A key to understanding finance and business.]


Electric-Utility Industry

Mack, Toni. “Power Players” Forbes, May 19, 1997, page 118.
Navarro, Peter. “Electric-Utilities: The Argument for Radical Deregulation.” Harvard Business Review, January – February 1996, page 112.

Wengler, John (2001). Managing Energy Risk: a Nontechnical Guide to Markets and Trading. Tulsa: Pennwell. [This "nontechnical" guide is not so nontechnical, but is the best source of energy trading lingo and processes for the uninitiated on the planet.]

"The Dawn of Micropower," The Economist, August 5, 2000, page 75. [Learn about the state of distributed generation: fuel cells and microturbines.]

"The Electric Revolution," The Economist, August 5, 2000, page 19. [More on distributed generation and its hurdles.]

"A Shocking Backlash," The Economist, August 26, 2000, page 49. [A balanced discussion regarding the problems with California's deregulation.]

Jonnes, Jill (2003), Empires of Light: Edison, Tesla, Westinghouse, and the Race to Electrify the World. New York: Random House. [A sometimes rather gruesome story of the battle over AC vs. DC between Edison, the proponent of DC current, and Westinghouse and Tesla, the AC advocates. [Hint: Edison lost…and killed a few horses and dogs along the way. An interesting read particularly for those in the electric biz.]