by Nick Bontis ‧ RELEASE DATE: Jan. 17, 2011
Thorough, practical and optimistic—stress relief for the info deluged.
Bontis (Business/McMaster University) offers a broad overview of the information explosion and intelligent advice on how to avoid being suffocated by it.
As a technophile, Bontis feels the pain of those suffering from the excessive, indiscriminate need to consume today’s flood of information because he knows that information contains knowledge and in our knowledge-worker economy, knowledge is what we have to sell as employees. Still, too much information can be debilitating physically, emotionally and in our social and familial lives. The trick is to filter the important stuff from the noise. Bontis, who writes in what is essentially a comfortable speaking voice, takes a leisurely and anecdotal approach to the issue of information bombardment. He paints the historical and technological background of the problem; draws attention to its manifestations on individual, group, organizational and institutional levels; provides numerous examples of his points; and then tenders quality prescriptions to control and facilitate the gathering of applicable knowledge. Readers could simply jump to the last few chapters for Bontis’ toolkit, but his tour of the information highway is entertaining and instructive, gently meandering into neuroanatomy, Anglophonic pitfalls and more—at one point offering a dramatization of how a car crash might play out in the techno-soaked future—as he explores the reasons behind such knowledge-management snafus as the response to Hurricane Katrina and the BP oil spill. “In essence, we need to refine the amount and type of information pulled to us and pushed toward us at every instance…. Choosing which information arrives at your mental desktop is a conscious choice.” He achieves his goal through a combination of software and social networking. The software includes e-mail-rule wizards, push alerts that garner targeted information and Wikinomics tools. He combines these with the human interactions of knowledge cafes (something like show-and-tell), knowledge auctions (rewards for sharing information) and alumni networks to keep all that accumulated knowledge capital in the flow after retirement. As a final piece of advice, he suggests learning to speed read.
Thorough, practical and optimistic—stress relief for the info deluged.Pub Date: Jan. 17, 2011
ISBN: 978-0986794506
Page Count: 382
Publisher: N/A
Review Posted Online: Jan. 5, 2011
Review Program: Kirkus Indie
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by Abhijit V. Banerjee & Esther Duflo ‧ RELEASE DATE: Nov. 12, 2019
Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.
“Quality of life means more than just consumption”: Two MIT economists urge that a smarter, more politically aware economics be brought to bear on social issues.
It’s no secret, write Banerjee and Duflo (co-authors: Poor Economics: A Radical Rethinking of the Way To Fight Global Poverty, 2011), that “we seem to have fallen on hard times.” Immigration, trade, inequality, and taxation problems present themselves daily, and they seem to be intractable. Economics can be put to use in figuring out these big-issue questions. Data can be adduced, for example, to answer the question of whether immigration tends to suppress wages. The answer: “There is no evidence low-skilled migration to rich countries drives wage and employment down for the natives.” In fact, it opens up opportunities for those natives by freeing them to look for better work. The problem becomes thornier when it comes to the matter of free trade; as the authors observe, “left-behind people live in left-behind places,” which explains why regional poverty descended on Appalachia when so many manufacturing jobs left for China in the age of globalism, leaving behind not just left-behind people but also people ripe for exploitation by nationalist politicians. The authors add, interestingly, that the same thing occurred in parts of Germany, Spain, and Norway that fell victim to the “China shock.” In what they call a “slightly technical aside,” they build a case for addressing trade issues not with trade wars but with consumption taxes: “It makes no sense to ask agricultural workers to lose their jobs just so steelworkers can keep theirs, which is what tariffs accomplish.” Policymakers might want to consider such counsel, especially when it is coupled with the observation that free trade benefits workers in poor countries but punishes workers in rich ones.
Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.Pub Date: Nov. 12, 2019
ISBN: 978-1-61039-950-0
Page Count: 432
Publisher: PublicAffairs
Review Posted Online: Aug. 28, 2019
Kirkus Reviews Issue: Sept. 15, 2019
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More About This Book
SEEN & HEARD
by Rebecca Henderson ‧ RELEASE DATE: May 1, 2020
A readable, persuasive argument that our ways of doing business will have to change if we are to prosper—or even survive.
A well-constructed critique of an economic system that, by the author’s account, is a driver of the world’s destruction.
Harvard Business School professor Henderson vigorously questions the bromide that “management’s only duty is to maximize shareholder value,” a notion advanced by Milton Friedman and accepted uncritically in business schools ever since. By that logic, writes the author, there is no reason why corporations should not fish out the oceans, raise drug prices, militate against public education (since it costs tax money), and otherwise behave ruinously and anti-socially. Many do, even though an alternative theory of business organization argues that corporations and society should enjoy a symbiotic relationship of mutual benefit, which includes corporate investment in what economists call public goods. Given that the history of humankind is “the story of our increasing ability to cooperate at larger and larger scales,” one would hope that in the face of environmental degradation and other threats, we might adopt the symbiotic model rather than the winner-take-all one. Problems abound, of course, including that of the “free rider,” the corporation that takes the benefits from collaborative agreements but does none of the work. Henderson examines case studies such as a large food company that emphasized environmentally responsible production and in turn built “purpose-led, sustainable living brands” and otherwise led the way in increasing shareholder value by reducing risk while building demand. The author argues that the “short-termism” that dominates corporate thinking needs to be adjusted to a longer view even though the larger problem might be better characterized as “failure of information.” Henderson closes with a set of prescriptions for bringing a more equitable economics to the personal level, one that, among other things, asks us to step outside routine—eat less meat, drive less—and become active in forcing corporations (and politicians) to be better citizens.
A readable, persuasive argument that our ways of doing business will have to change if we are to prosper—or even survive.Pub Date: May 1, 2020
ISBN: 978-1-5417-3015-1
Page Count: 336
Publisher: PublicAffairs
Review Posted Online: Feb. 16, 2020
Kirkus Reviews Issue: March 15, 2020
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