Books like Firm Commitment — picked by fans

I wrote extensively about Paul Polman in my own book—particularly about his courage. What I admire most is that he didn’t just talk about purpose; he lived it and delivered it.

Reading this book reminded me why I found his leadership at Unilever so compelling. Like purpose itself, Unilever isn’t perfect—but what Polman stood for and what he managed to achieve showed what’s truly possible when courage, conviction, and commitment meet strategy.

I loved how the book balances idealism with practical insight. It pushed my thinking further, reaffirming that profit and purpose can and must coexist if business is to remain relevant in today’s world.

I’ve read lots of books about the future of business and the future of capitalism, but this book deeply inspired me. Mackey and Sisodia articulate with clarity and conviction what I’ve long believed—that purpose and profit are not mutually exclusive but, in fact, must go hand in hand.

I particularly connected with their emphasis on conscious leadership and the need for a higher purpose to guide business strategy. It reinforced my own thinking and sharpened my understanding of how critical it is for leaders to align values with actions. I saw clear parallels with the approach I have developed, and it affirmed for me that embedding purpose isn’t just desirable—it’s essential.

I’ve long admired Gary Hamel—not just because, like me, he’s a management consultant (albeit a far more famous one!), but because of the clarity and accessibility of his writing, which is much like Tom Peters–another breakthrough thinker I admire.

This book really hit home for me. I loved how Hamel puts values front and center, arguing that purpose isn’t just a nice-to-have, but a strategic imperative. I found myself deeply aligned with his call for innovation, adaptability, and unlocking human potential—principles I’ve built into the SOI methodology.

This book didn’t just affirm my thinking; it expanded it. It also reminded me why I do what I do–and actually why it’s important.

This book really resonated with me—both personally and professionally.

I’ve had many conversations with David Grayson over the years and have long admired Chris Coulter and the brilliant work his team at GlobeScan produces. Reading this book brought those conversations to life.

I loved how it cut through the surface-level talk of purpose and made a clear, evidence-backed case for embedding sustainability at the core of business strategy. It reinforced what I’ve long championed through my own work: that purpose isn’t a side project—it’s a survival strategy.

Aside from valuing businesses for investment purposes, I am a practitioner of the valuation of private (or “closely held”) businesses. In my profession of business valuation, the late Shannon Pratt is widely recognized as one of the leading gurus, not least because of the six editions of Valuing a Business. I recommend this book here because, if one can master even a few of the rigorous business valuation methods detailed in this book, that will elevate one’s value investing skills tremendously. The previous books all set the stage and offer enough practical advice for one to progress from beginner to intermediate but, for those eager to master business valuation and, therefore, the determination of intrinsic value, Valuing a Business would be the next logical step. 

Many people know that American democracy and capitalism have been on a downward spiral for decades. The system is rigged, former Secretary of Labor Robert B. Reich sounds the alarm throughout his excellent book The System: Who Rigged It, How We Fix It. He goes deep into these questions as he supports the provocative thesis that despite acrimonious partisan polarization, the real contest is not between the right and left but between democracy and oligarchy; and that the vast majority of citizens (Republicans, Democrats, and Independents) are getting poorer and wield “near-zero” political power. Oligarchs—JP Morgan CEO Jamie Dimon is their embodiment—have amassed enormous sums of capital and political power, which allows them to further rig the system through campaign contributions, successful lobbying, and even criminal actions for which, if caught, they only pay nominal fines.

The process of business valuation lies at the core of value investing. That’s what Damodaran, longtime Professor of Finance at NYU, addresses in this book. An excellent distillation of the key business valuation approaches that are most relevant for investment, The Little Book of Valuation will make the valuation work less daunting and less arduous for the lay investor of the 21st century. 

As well, like the two previous books, this book also underscores the fact that, without a systematic approach to valuing publicly-traded stocks as if they were private companies, proper value investing is not even possible, let alone profitable. Perhaps to underscore this truth, one of the recommendation blurbs is provided by Shannon Pratt, one of the leading gurus of private business valuation and the author of my 4th book pick.

This book addresses the highly topical discussion on the potential conflict between profit and purpose, fueled in particular by the 2019 Business Roundtable guidelines. In this sense, it is not a pure profit book but seeks to balance the social and financial goals of a company. Anyone who wants to have a qualified say in the current discussion about profit and purpose should read this book.

The framework presented in Corporate Lifecycles deals with the same core issue of Stages and Challenges of Organizational Growth as dealt with in my own book, but from a different perspective. The author is a former academic who has developed his own framework of corporate lifecycles and his methodology of organizations working through them. The book presents a different framework of corporate life cycles and emphasizes the managerial styles that are appropriate to reach stage of the corporate lifecycle. The author has seen and worked with a large number of companies that have employed his methods. He presents his perspective and insights for this role as a participant-observer. 

Warren Buffet, the famous investor, is also revered as a master communicator. His annual Letters to Berkshire Hathaway Shareholders are models of clear, transparent writing. They are the best showcases I know for the impact of presenting difficult material in “plain English.” Buffet makes financial information accessible and even interesting to the layperson with an unassuming colloquial tone, humor, anecdotes, and language based on the concrete short words of natural speech. He always delivers substance, even acknowledging his own poor decisions.

The enviable result: he generates trust, the critical ingredient of persuasion. I love introducing students to Buffet’s writing and seeing them analyze what works so well. The letters are available online, but this book usefully collects them along with other Buffet writings and commentary.