Best Business Books 2014

strategy+business presents their 14th annual best business books special section with picks from seven eminent reviewers.

Editor’s Note: As usual, these pieces offer more than just listings of recommended books. In particular, I recommend you read the entries on strategy and economics.

When Social Networks Go Astray

Most of the time, developing and mining a network is a smart move. A person develops social networks hoping and expecting to gain something—whether that be a job, contact, investor, or simply a friend. He may turn to those networks when in need or feeling vulnerable, perhaps when trying to make a risky business decision.

But avid networker, beware: these social networks have a dark side. … [ Read more ]

Flipping the Odds for Successful Reorganization: Organization of the Future: Designed to Win

Rapid change requires companies to reorganize more frequently, more fundamentally, and faster than ever before. But the odds for failure are high. New BCG research has uncovered six critical success factors that can dramatically flip a company’s odds of reorganization success—and help it achieve reorganization’s ultimate purpose: driving competitive advantage.

Incentive And Motivation Program Best Practices

A strange pattern hovers over incentive/motivation programs. When economic times are good, companies launch incentive programs to reward high achievers. These programs create a positive energy that encourages competition, team play, and results. During economic slumps, these same companies quickly disassemble their incentive programs and re-evaluate the costs. Budgets once approved without hesitation are eliminated or severely reduced. Company executives know incentive programs can motivate … [ Read more ]

Four Blueprints for Ensemble Decision-Making

When making a decision, two heads can be better than one, but two – or even more – perspectives are definitely better than one, especially in today’s dynamic and widely different global markets. These authors call it ensemble decision making and they describe four patterns and three steps for making it work.

Organizational Capabilities Matter: Organization of the Future: Designed to Win

Organizational capabilities have a major impact on long-term corporate performance, and none matter more than behavioral aspects. But behavioral attributes can have a high impact only when they’re backed by strong structural capabilities. A new BCG Focus explains what organizations can do to develop the appropriate sets of capabilities.

Editor’s Note: I see many weaknesses in the approach and methodology employed for this study and thus … [ Read more ]

Kill Your Performance Ratings

Neuroscience shows why numbers-based HR management is obsolete.

The Quest for Better Layoffs

Professor Sandra Sucher wants to change the way business thinks about workforce reductions. “We want people to learn about the forces they unleash in the firm when they institute layoffs.”

How to Develop and Select Your New Leadership Profiles

The Blue Ocean Leadership Grid can be used to identify what leadership acts and activities should be eliminated, reduced, raised, and created in pursuit of high impact at low cost.

Wharton’s Adam Grant on the Key to Professional Success

The author of Give and Take explains why generosity in the workplace continues to be more effective than selfishness and why it is critical for personal fulfillment.

Anaïs Nin

We don’t see things as they are. We see things as we are.

Does Your Company Keep Its Promises?

Despite best intentions, many businesses struggle with “commitment drift.”

Power at Work

Four predictors of power, five factors that help the powerful stay that way and six red flags are identified by the authors after reviewing hundreds of studies on the psychology of power in organizations.

Leadership Character and Corporate Governance

When it comes to selecting and assessing CEOs, other C-suite level executives or board members, the most important criteria for boards to consider are competencies, commitment and character. This article focuses on the most difficult of these criteria to assess – leadership character – and suggests the eleven key dimensions of character that directors should consider in their governance roles.

Katherine Milkman on Why Fresh Starts Matter

The Wharton professor says moments when you wipe the slate clean can help you meet your goals.

Daniel J. Boorstin

The greatest obstacle to discovery is not ignorance–it is the illusion of knowledge.

What Maslow’s Hierarchy Won’t Tell You About Motivation

Maslow’s idea that people are motivated by satisfying lower-level needs such as food, water, shelter, and security, before they can move on to being motivated by higher-level needs such as self-actualization, is the most well-known motivation theory in the world. There is nothing wrong with helping people satisfy what Maslow characterized as lower-level needs. Improvements in workplace conditions and safety should be applauded as the … [ Read more ]

Proverb

Good judgement comes from experience. Experience comes from bad judgement.

Bertrand Russell

Everything is vague to a degree you do not realize till you have tried to make it precise.

Doing Business Where Governance Is Weak

Eight principles for succeeding in markets prone to ethical and legal risks.