100 Books Like Men and Women of the Corporation

The book presents business leaders as characters who are complex, complicated, and far from as rational as the public often holds them to. 

I loved reading it as much as I enjoy good fiction. It is a gripping tale of protagonists who are very human, inventive, sensitive, and sometimes a bit of drama queens. I enjoyed the compelling tales of vulnerability and ambition, as well as reciprocity. To lead is not one-sided, and the leaders are often influenced, even manipulated, by the followers. 

I loved how the book spins its tale with quite a few twists. Leadership is by no means something that concerns only leaders, and what is most important about it cannot be reduced to skills, procedures, or, indeed, algorithms. 

I love reading fiction, and so do many of my students. This book is a gift for us fiction lovers who are also interested in leadership. 

From ancient to modern, literature teaches about quite contemporary issues regarding leadership. In fact, I was astounded to realize how much real-life insight fiction is able to offer in this respect–much more than many management textbooks that often present a simplified and rationalized image of what management means. This book teaches how to approach difficult and very human aspects of leadership: everything that is linked to human experience. 

I found accounts of Herman Melville, Thomas Pynchon, Maurice Blanchot, and other writers captivating and enlightening.

I loved this collection of stories about leadership; what a page-turner! I was thrilled by the depth and imaginativeness of possible connections between fairy tales, legends, and traditional stories and management learning. I loved how the tales of Prometheus, Dædalus and Icarus, Merlin, and others are interwoven with issues important for contemporary managers.

Stories of conceit and hubris, as well as of adventurous quests for integration are spun in a way that made me feel compassion for the plight of many employees as well as of leaders, but, at the same time, they spoke to my rebellious streak. With so many glorious tales to learn from, we deserve better leaders: inspired, spirited, humane, or at the very least–human. 

I loved how this book literally links the surface of modern organizations with the depths of the human art of storytelling. Stories have been reservoirs of knowledge since times immemorial. Even now, although superficially supplanted by rational procedures and even computer code, it is in the stories collected and told about organizations that the richness of meaning can be found, which can help to understand and change them for the better.

I enjoyed how this book presents ideas that are both profound and serious in a way that is exceptionally readable and, in a way, liberating. I thought: wow! What an eye-opener! The superficial reductionism of the contemporary organization is just a shell and within lies hidden so much wisdom. It germinates. 

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. 

Reading this book had a profound impact on me–as did the author himself. I had the privilege of meeting Colin Mayer in his wood-paneled office and interviewing him for my own book—an experience that deepened my respect for his thinking. I found myself nodding in agreement as he laid out how far corporations have drifted from their true purpose.

I was struck by his call to move from ownership to stewardship and how closely it aligned with my own belief that purpose must sit at the heart of business. His critique helped sharpen my understanding of corporate governance and reaffirmed my beliefs in the need for a better way forward for business and its relationship with society.

Stout’s book was an early salvo in the current debate about shareholder primacy that opened the way for many who have followed in her footsteps. In this carefully argued book, she disputes the argument that corporate boards are required by law to put the shareholder first, pointing out flaws in legal interpretations that have supported a damaging consensus view. In debunking the shareholder value myth, she shows that the obsessive focus on financial returns has led to dangerous short-termism in which corporate leaders pursue quarterly earnings to the disadvantage of investments that would not only improve social outcomes but also lead to better long term performance. She also demonstrates that shareholders hold many values, only one of which might be financial returns. In this regard, she was a vanguard of the accelerating focus of institutional investors on “stewardship” of the environmental and social impacts of their investments.  

When AG Lafley became the CEO of P&G he had an idea that the best way to drive innovation was through collaboration. His book goes behind the scenes on how he encouraged P&Gers to look to suppliers and even competitors' help P&G take innovation to a new level. In fact—Lafley set the lofty goal that 50% of all innovations would not come from P&G—but through P&G by working with strategic partnerships. The book has several examples of how the CPG giant is using collaboration to drive innovation.

One of the risks that the Compliance Officers oversee is the risk of money laundering; depending on how it is managed, it is possible to minimize reputational risk. This book helped me pinpoint precisely the necessary elements that must be included in a compliance plan to achieve strong corporate responsibility and compliance culture. By having those controls in place, money laundering and even any other white-crime risk are minimized and, incidentally, reputational risk. If you apply this, the company you work for it's going to be protected, and your boss is going to be happy, a win-win for everyone!

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.