USA TODAY: Reading is the best way to gain experience without having been there yourself. As Warren Buffett’s business partner Charlie Munger said, “In my whole life, I have known no wise people (over a broad subject matter area) who didn’t read all the time — none, zero. You’d be amazed at how much Warren reads — at how much I read. My children laugh at me. They think I’m a book with a couple of legs sticking out.” While there are mounds of terrible business books out there, there are some hidden gems. Read on for what I think are the best 12 business books and why you should read them.
How to Win Friends & Influence People
by Dale Carnegie
Carnegie’s classic book was first published in 1936 and remains a best-seller today . The crux is Carnegie’s idea that “the person who has technical knowledge plus the ability to express ideas, to assume leadership, and to arouse enthusiasm among people — that person is headed for higher earning power.” Buffett took a course on the book when he was 20 and said the experience “changed my life.”…
The Effective Executive
by Peter F. Drucker
This is the classic management book by business guru Drucker. For Drucker, executives’ key job is to “get the right things done.” He identifies five essential practices to business effectiveness for executives: “managing time, choosing what to contribute, knowing where and how to mobilize strength, setting the right priorities, and effective decision-making.” A favorite of Amazon CEO Jeff Bezos, this book offers many valuable lessons.
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EDITOR: Our favorite book, which we still keep close at hand, is “Up the organization: How to stop the Corporation from Stifling People and Strangling Profits.” by Robert Townsend. It includes an appendage: “Guerrilla Guide for Working Women.” Published in 1970, Townsend points out the management follies of the time. The irreverant and best selling book was a blue print of the improvements in corporate management that were to occur.