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Practically Radical: Not-So-Crazy Ways to Transform Your Company, Shake Up Your Industry, and Challenge Yourself Hardcover – Deckle Edge, January 4, 2011
"Warlight" by Michael Ondaatje
A dramatic coming-of-age story set in the decade after World War II, "Warlight" is the mesmerizing new novel from the best-selling author of "The English Patient." Pre-order today
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From Publishers Weekly
As the business world becomes increasingly competitive, global, and adoptive of new technologies, companies worldwide are constantly searching for answers about how to best evolve to meet their customers™ needs and to stay abreast of their competitors. Taylor (Mavericks at Work) asserts that change is the name of the game; he takes us on an inside look at 25 companies that have grown ever more adaptive to not merely survive but thrive in today™s challenging environment. Taylor™s book is intended to guide leaders in launching fresh initiatives and rethinking œthe logic of leadership itself as they work to rally their colleagues around an agenda for renewal. The work achieves its promise with actionable prescriptions and meaningful examples, such as how organizations like the Girl Scouts have redefined their brand and revitalized their mission, how Zappos has reimagined retail and service, and why, like IBM, leaders must constantly challenge the status quo by examining the self-reflection and commitment to innovation. An engaging and briskly written read, this will captivate and benefit business people interested in change and innovation. (Feb.)
(c) Copyright PWxyz, LLC. All rights reserved.
In the depths of the Great Depression, economist John Maynard Keynes wrote that a large proportion of our positive activities depend on spontaneous optimism rather than mathematical expectations, evoking a basic animal instinct within us to do something productive and procreative, even in the face of hard times. Taylor, a former Harvard Business Review editor and cofounder of Fast Company, a full-color business magazine, begins this discussion on creative solutions for tough economic times by reviewing the pioneering companies that got their start during recessionary environments: Federal Express, Microsoft, and Texas Instruments, among others. The radical solutions he proposes may be as simple as bucking the trend. Case in point, online shoe and apparel retailer Zappos.com, which has developed an almost cultlike customer loyalty by encouraging buyers to call in to their 24/7 phone line and offering a full one-year return policy. Taylor profiles 25 companies and organizations from the Providence, Rhode Island, police to the Orpheus Chamber Orchestra to illustrate how radical thinking can transform companies and excite management and staff to tap into their group genius. --David Siegfried
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1. The aggregate demand equation i.e. C+I+G+NE = GDP
2. The law of diminishing returns
3. The spending multiplier effect & its current failure
4. The geopolitical morass & ramifications of certain heavyweight nations' decisions
5. The abuse of fiscal & monetary policies
6. Complexity theory
7. The concept of money = energy
8. The spy den of Dubai (Comparable to Casablanca during WW2 & Berlin during the cold war)
9. The ultimate conclusion: paper, gold or chaos
For an economics junkie like myself, this gives me a reason to wake up in the morning. I do not give a damn what happens to the prices of hard assets, they are more secure than paper assets at this stage of the game. My money is on chaos because I do believe that this world is predominantly non-linear & so when things turn really bad, it could take the vast majority by surprise & there will be panic/non decision-making if this occurs.
We are really at the end of empire as far as the USA is concerned. It reminds me of the Roman empire at the beginning of the AD era. We are reaching our limits to growth & this debt overhang is keeping us from progressing constructively.
Thank you Mr Rickards for your contribution in this field. A much enjoyed read. I recommend it to anyone.
The author explains well that in recent decades, global economy grew in complexity due to globalization, and how central banks and short term political decisions, endanger us all and pave the way to the next economic crisis.
As a result, the offered solutions are also equally impractical that overlook their possible failures, side effects and transitional implementation problems. More importantly, the solutions offered are naive in that there is little attention paid to how the global economy can get there without all agreeing to them being the best way because of discussions like in this book. Similarly, the author's discussions on possible consequences of current policies are one dimensional. Overall, the book could work as a good overview for non-professionals but this is far from a path-breaking or detailed work.
The positives of the book are in the easy to understand and fluid descriptions of events of the thirties and the Seventies. However, when a similar treatment is applied to the current affairs, it appears devoid of the effects of many other mega-trends.
Most recent customer reviews
In the end you understand something about curency war