A satisfying handbook for future moguls.
A readable study of the habits of mind of successful corporate leaders.
Ever since In Search of Excellence was released in 1982, there’s been a surge of books, good and bad, on how to run businesses better. Falling toward the good-to-middling part of the spectrum, this book takes a familiar tack: interview CEOs (refreshingly, not just the usual suspects), find out what makes them tick, and formulate a set of maxims and observations: “the best CEOs…are exceptional futurists,” for instance, studying the commercial landscape closely and even obsessively to forecast trends and shifts. “Doing so enables them to place bets before these trends become conventional wisdom and to maintain conviction when others inevitably criticize their choices,” write the authors, who worked from a list of some 2,000 CEOs and narrowed it to exclude leaders with terms of fewer than six years. Former Secretary of the Treasury Paul O’Neill increased Alcoa’s revenues fivefold during his tenure as CEO not just by pushing the company’s products, but by giving employees a sense of ownership and “creating a habit of excellence.” Brad Smith of Intuit did much the same thing by broadcasting meetings with his dozen-odd direct reports to the “top 400 leaders in the company,” giving them an opportunity to buy into the organizational culture and goals of the firm. Gail Kelly, former CEO of Westpac, emphasizes the importance of building strong relationships with the company’s board members, especially its chair, while many other leaders struggle to balance time spent within the company and with external stakeholders, with an average of about 30% spent on the latter, “but with a high standard deviation.” Several leaders insist that work can’t be all-consuming but also that leadership has to center on things that can be controlled, especially where one devotes time and effort. The authors include practical worksheets and bios of the contributors, which include the heads of Mastercard, General Motors, and Duke Energy.
A satisfying handbook for future moguls.Pub Date: March 15, 2022
ISBN: 978-1-982179-67-0
Page Count: 384
Publisher: Scribner
Review Posted Online: Dec. 20, 2021
Kirkus Reviews Issue: Jan. 15, 2022
Cogent, well-timed ideas for meeting today’s biggest challenges.
Helping liberals get out of their own way.
Klein, a New York Times columnist, and Thompson, an Atlantic staffer, lean to the left, but they aren’t interrogating the usual suspects. Aware that many conservatives have no interest in their opinions, the authors target their own side’s “pathologies.” Why do red states greenlight the kind of renewable energy projects that often languish in blue states? Why does liberal California have the nation’s most severe homelessness and housing affordability crises? One big reason: Liberal leadership has ensnared itself in a web of well-intentioned yet often onerous “goals, standards, and rules.” This “procedural kludge,” partially shaped by lawyers who pioneered a “democracy by lawsuit” strategy in the 1960s, threatens to stymie key breakthroughs. Consider the anti-pollution laws passed after World War II. In the decades since, homeowners’ groups in liberal locales have cited such statutes in lawsuits meant to stop new affordable housing. Today, these laws “block the clean energy projects” required to tackle climate change. Nuclear energy is “inarguably safer” than the fossil fuel variety, but because Washington doesn’t always “properly weigh risk,” it almost never builds new reactors. Meanwhile, technologies that may cure disease or slash the carbon footprint of cement production benefit from government support, but too often the grant process “rewards caution and punishes outsider thinking.” The authors call this style of governing “everything-bagel liberalism,” so named because of its many government mandates. Instead, they envision “a politics of abundance” that would remake travel, work, and health. This won’t happen without “changing the processes that make building and inventing so hard.” It’s time, then, to scrutinize everything from municipal zoning regulations to the paperwork requirements for scientists getting federal funding. The authors’ debut as a duo is very smart and eminently useful.
Cogent, well-timed ideas for meeting today’s biggest challenges.Pub Date: March 18, 2025
ISBN: 9781668023488
Page Count: 320
Publisher: Avid Reader Press
Review Posted Online: Jan. 16, 2025
Kirkus Reviews Issue: Feb. 15, 2025
BOOK REVIEW
PERSPECTIVES
Highly instructive for would-be tycoons, with plenty of entertaining interludes.
Well-crafted memoir by the noted media mogul.
Diller’s home life as a youngster was anything but happy; as he writes early on, “The household I grew up in was perfectly dysfunctional.” His mother lived in her own world, his father was knee-deep in business deals, his brother was a heroin addict, and he tried to play by all the rules in order to allay “my fear of the consequences from my incipient homosexuality.” Somehow he fell into the orbit of show business figures like Lew Wasserman (“I was once arrested for joy-riding in Mrs. Wasserman’s Bentley”) and decided that Hollywood offered the right kind of escape. Starting in the proverbial mailroom, he worked his way up to be a junior talent agent, then scrambled up the ladder to become a high-up executive at ABC, head of Paramount and Fox, and an internet pioneer who invested in Match.com and took over a revitalized Ticketmaster. None of that ascent was easy, and Diller documents several key failures along the way, including boardroom betrayals (“What a monumental dope I’d been. They’d taken over the company—in a merger I’d created—with venality and duplicity”) and strategic missteps. It’s no news that the corporate world is rife with misbehavior, but the better part of Diller’s book is his dish on the players: He meets Jack Nicholson at the William Morris Agency, “wandering through the halls, looking for anyone who’d pay attention to him”; hangs out with Warren Beatty, ever on the make; mispronounces Barbra Streisand’s name (“her glare at me as she walked out would have fried a fish”); learns a remedy for prostatitis from Katharine Hepburn (“My father was an expert urological surgeon, and I know what I’m doing”); and much more in one of the better show-biz memoirs to appear in recent years.
Highly instructive for would-be tycoons, with plenty of entertaining interludes.Pub Date: May 20, 2025
ISBN: 9780593317877
Page Count: 352
Publisher: Simon & Schuster
Review Posted Online: May 12, 2025
Kirkus Reviews Issue: tomorrow
SEEN & HEARD
SEEN & HEARD
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