Famous investors and authors, citations
Let’s face it – almost all of us succumbed to this temptation: we could do the toughest, most important task or we could break all of them into pieces (“eating the elephant” as the management gurus say) and start chewing them. Or just give in to the boss’ latest request and answer his (sometimes lazy) easy to dig emails.
In this world of digital enrichment, our human brains are spectacularly assisted and enabled to do so the work. Simple exercise: close your eyes and try to imagine how long and how many people you would need to achieve what you now manage in a working day… without laptops, internet and corporate cloud software solutions. Hmmm… not too much, right?Read More »The World is Full of Noise
Imagine it is 09:00 AM on a Monday morning. You just landed in your office, supercharged by the Bucks or Republic or another brand coffee.… Read More »First Task to Accomplish on Monday Morning
When you work in an international environment, it is very easy to forget how complicated is to deal with different cultures. “Global Dexterity – How… Read More »“Global Dexterity” by Andy Molinski – Book Review
Strategy books are so many this year, that you could literally by a dozen by the 10 dollar bill from Amazon. I would go so far as even to say that there are too many. So many strategy tomes are written, that the authors are no longer named “authors”, but “thinkers”, as a new job description… And classified accordingly. (top 50 thinkers, year by year).
“Playing to Win – How Strategy Really Works” (to give the book’s complete name) is actually a very different book in this respect. First of all, “Playing to Win” is written from a practitioner’s perspective. Both authors (A.G. Lafley – by the way, you should buy the book at least for the nice haircut of this gentleman – and Roger Martin) have created this strategic decision making system during their working life. Actually the system described here was literally applied and developed within Procter & gamble, a fairly successful company overall and a very successful one if e take out the tech sector in the last decade :).Read More »“Playing to Win” by A.G. Lafley and Roger L. Martin – a Book Review
A search on Google for Goldman Sachs returns 328 million results. Created in 1869, Goldman Sachs rose quickly to be a favorite banks in the US for IPO’s and later for investment banking. Its history was always tied to acquisitions of trading funds and various financial instruments. And of course, during the sub-prime crisis in 2007, Goldman Sachs became even more famous for short-selling mortgage backed securities right before the market for those instruments collapsed. A close competitor of Lehman Brothers, Goldman Sachs allegedly partly maneuvered its sibling into bankruptcy, thus securing an even better position in the investment banking industry. With $29 billion in assets and a surprising repurchase of the government injection of cash into its share, Goldman Sachs remains one of the most mysterious investment banks on Earth.
No wonder that Greg Smith’s financial book (“Why I Left Goldman Sachs: A Wall Street Story”) was expected with so much interest. As an ex-employee of the bank’s New York HQ, Smith was always critical of Goldman Sachs failing its own standards and the bank’s reference of customers such as “muppets” – after he left the bank in 2006. Thus, it comes as no surprise that this account of an investment banker’s life in Sachs is … well… critical of it. It is also not surprising that the book made the no.1 spot for most book retailers, including Amazon.Read More »Why I Left Goldman Sachs: A Wall Street Story by Greg Smith – A Book Review