Books like Private Empire — picked by fans

Translated into English by Peter Theroux, this gorgeously written and emotionally stunning novel is told from the perspective of the Bedouin inhabitants during a time when Americans were arriving by the shipload to develop the oilfields they had discovered. The story is both epic and intimate (and, at points, wittily ironic) and opened my eyes to the vast destruction not only of the land and its people but the very core of their culture. Banned in several Middle Eastern countries, including Saudi Arabia, this is the first volume of a trilogy (and I recommend them all). 

In 2003 I went to Nigeria to write a report on oil companies’ “corporate social responsibility” in the Niger Delta. There was, and is, no such responsibility. The companies finance corrupt officials, wreck communities, and allow oil spills to poison millions of people’s drinking water. Under the Abacha dictatorship in the 1990s, they colluded with violent suppression of protest against their activities, culminating in the judicial murder of Ken Saro-Wiwa and the “Ogoni Nine”. This book showed me how Shell’s naked exploitation of people and their land worked, the systems of power that supported it, and how these evolved over time. One of the authors, Oronto Douglas, has passed away, but both participated in communities’ self-defence in the face of these systems. Their book is passionate, engaged, and razor-sharp analytically.

The frightful violence of the US-UK invasion of Iraq in 2003 was followed by a long, complicated war of stealth by the international oil companies. They sought access to Iraq’s oil reserves, the world’s third-largest, from which they had been ousted by nationalisation in the 1970s. Most western journalists simply could not be bothered to follow the complex interactions between the companies, the oil ministry, and civil society. That made reading this forensic investigation by Greg Muttitt, a committed campaigner for oil industry transparency, all the more satisfying.  

As a non-scientist, I love reading books written by scientists in language that the rest of us can understand. This is one of the best – and it addresses many of the most urgent questions scientists will keep worrying about through the 21st century, about the interaction between oil production and use, the atmosphere, the oceans, and freshwater systems. Catherine Gautier writes in a clear, accessible style. She is well aware that we can not fence off the study of physical phenomena such as climate change and contamination of water sources from the study of society, economics, and politics.  

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!

I worked at Arthur Andersen, and I was selected to be among the few teams that started to understand, learn, and apply risk assessments or business risk management methodology. In this book, I came across these concepts again, which are vital to identifying where the risk of money laundering and any other crime may occur. In addition, this book also includes useful information to be considered in the compliance program and how fraud and corruption are related to money laundering. It's a book that provides solid knowledge.

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 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.

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.