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Books for business

SIZZLING SUMMER READS

Brenda Bickram

Flow: How the Best Supply Chains Thrive

Rob Handfield and Tom Linton

Rotman-UTP Publishing

July 2022, $36.95

This book highlights the high-level effectiveness of business strategies that use predictions based on the sequence of world events, global supply chains, and data gathered by smart technologies. By broadly applying physical laws to the global supply chain, Rob Handfield and Tom Linton explore the impact of supply chain physics on global market policies, such as tariffs, factory location, pandemic response, supply-based geographies, and outsourcing.

The authors provide specific recommendations for how to improve supply chain flows and include important insights for managers, with examples of responses to the COVID-19 pandemic from companies such as Biogen, General Motors, Siemens, and Flex. Flow is an important resource, not only for procurement and supply-chain management professionals, but for any manager concerned with enterprise-level success.

The Power of Employee Resource Groups: How People Create Authentic Change

Farzana Nayani

Berrett-Koehler Publishers

May 2022, $29.95

This book focuses on both how to manage employee resource groups (ERGs) effectively and why organizations should pay close attention to these groups as a source of innovation, belonging, feedback, and direction on tough issues and new company initiatives. It was Black and female ERG leaders who surfaced diversity, equity, and inclusion (DEI) problems at Uber and Google, and Asian ERGs that helped Coca-Cola roll out a supply chain change to convenience store owners. Participating in an ERG could also help professionals of colour advance their careers and increase diverse representation in leadership. Farzana Nayani provides foundational tools for starting ERGs and outlines the five “P”s—purpose, people, processes, planning, and priorities—needed to successfully operate them.

Unlike other ERG handbooks that are purely technical or consider ERGs in a vacuum, The Power of Employee Resource Groups is people-centred and socially conscious. It also provides a deeper call to action around how, with more effective ERGs, we can truly progress toward the DEI goals we set out to accomplish.

A Brief History of Equality

Thomas Piketty

Belknap Press

April 2022, $37.99

It’s easy to be pessimistic about inequality. We know that it has increased dramatically in many parts of the world over the past two generations, and no one has done more to reveal the problem than Thomas Piketty. Now, in this surprising and powerful new work, Piketty reminds us that the grand sweep of history gives us reasons to be optimistic. Over the centuries, he shows, we have been moving toward greater equality.

With elegance and concision, Piketty guides us through the great movements that have made the modern world, for better and worse: the growth of capitalism, revolutions, imperialism, slavery, wars, and the building of the welfare state. It’s a history of violence and social struggle, punctuated by regression and disaster. But through it all, Piketty shows, human societies have moved fitfully toward a more just distribution of income and assets, a reduction of racial and gender inequalities, and greater access to health care, education, and the rights of citizenship. Our rough march forward is political and ideological, an endless fight against injustice. To keep moving, Piketty argues, we need to learn and commit to what works, to institutional, legal, social, fiscal, and educational systems that can make equality a lasting reality. At the same time, we need to resist historical amnesia and the temptations of cultural separatism and intellectual compartmentalization. At stake is the quality of life for billions of people. We know we can do better, Piketty concludes. The past shows us how. The future is up to us.

The 21 Irrefutable Laws of Leadership: Follow Them and People Will Follow You

John C. Maxwell

HarperCollins

May 2022, $34.99

HarperCollins and John C. Maxwell are celebrating the milestone anniversary of Maxwell’s New York Times bestselling book, The 21 Irrefutable Laws of Leadership, with the publication of a new revised and updated 25th Anniversary Edition.
Maxwell has gone through every word of this book and updated it for the next generation of leaders. He has added new insights to these timeless laws and included lessons learned since he originally wrote the book. He has removed dated stories and replaced them with fresh ones that apply to today’s world of business.

What Maxwell didn’t change are the powerful leadership truths that have been helping people become better leaders for the last quarter century. This is still the best book on leadership available, whether you want to learn leadership on your own, develop as leaders in a group, or teach leadership to others as a mentor.

Readers who are new to Maxwell or lifelong fans will want to get this new edition of the leadership book that has sold millions of copies in the United States and around the world.

Where the Money Is: Value Investing in the Digital Age

Adam Seessel

Simon & Schuster

May 2022, $39.99

A little more than ten years ago, only two of the ten most valuable publicly traded companies in the world were digital enterprises. Today, digital enterprises comprise eight of the top ten. Investors around the world are struggling to understand the Digital Age and how they can use the stock market to profit from it.

In Where the Money Is, Adam Seessel introduces a refreshed value-based framework that any investor, professional or amateur, can use to beat the modern market. Like all sectors, the tech sector follows certain rules. We can study these rules, understand them, and invest accordingly. The world is changing, and we can profit from it.
Approaching tech this way, the current changes to the economy and the rapid rise of tech stocks are not reasons to be frightened or disoriented—they’re reasons to be excited. Infused with the same kind of optimism and common sense that inspired Benjamin Graham’s The Intelligent Investor and Peter Lynch’s One Up on Wall StreetWhere the Money Is ushers in a new era of modern value investing.

The Black Swan Problem: Risk Management Strategies for a World of Wild Uncertainty

Håkan Jankensgård

Wiley

June 2022, $60.00

Håkan Jankensgård delivers an extraordinary and startling discussion of how firms should navigate a world of uncertainty and unexpected events. The Black Swan Problem examines three fundamental, high-level strategies for creating resilience in the face of “black swan” risks (highly unlikely but devastating events): insurance, buffering, and flexibility. The book offers an expert blueprint for companies seeking to anticipate, mitigate, and process tail risks.

Unprecedented: Canada’s Top CEOs on Leadership During COVID-19

Steve Mayer and Andrew Willis

McClelland & Stewart

April 2022, $42.00

The COVID-19 pandemic is a shared challenge, a crisis that touches everyone. Unprecedented captures that shared experience with personal essays that mix struggle and achievement, fear, humour, and compassion. At heart, these are stories about overcoming adversity, a theme that resonates with managers, professionals, entrepreneurs, and students of business.   Unprecedented gives us rare insight into how leaders navigated the pandemic and the social unrest and technological changes that marked this era—what was gained, what was lost, and what was learned that can help better serve companies, employees, and customers in an uncertain future.

The authors’ net proceeds from the sales of Unprecedented  are being donated to United Way Centraide Canada for pandemic recovery across Canada.

The Meddlers: Sovereignty, Empire, and the Birth of Global Economic Governance

Jamie Martin

Harvard University Press

June 2022, $50.00

The Meddlers tells the story of the first international institutions to govern the world economy, including the League of Nations and Bank for International Settlements, created after World War I. These institutions endowed civil servants, bankers, and colonial authorities from Europe and the United States with extraordinary powers: to enforce austerity, coordinate the policies of independent central banks, oversee development programs, and regulate commodity prices. In a highly unequal world, they faced a new political challenge: was it possible to reach into sovereign states and empires to intervene in domestic economic policies without generating a backlash?

Jamie Martin follows the intense political conflicts provoked by the earliest international efforts to govern capitalism—from Weimar Germany to the Balkans, nationalist China to colonial Malaya, and the Chilean desert to Wall Street. The Meddlers shows how the fraught problems of sovereignty and democracy posed by institutions like the International Monetary Fund are not unique to late twentieth-century globalization, but first emerged during an earlier period of imperial competition, world war, and economic crisis.

Mary Ellen Iskenderian

MIT Press

April 2022, $39.95

Nearly one billion women have been completely excluded from the formal financial system. Without even a bank account in their own names, they lack the basic services that most of us take for granted: secure ways to save money, pay bills, and get credit. Exclusion from the formal financial system means they are economic outsiders, unable to benefit from or contribute to economic growth. Microfinance has been hailed as an economic lifeline for women in developing countries—but, as Mary Ellen Iskenderian shows in this book, it takes more than microloans to empower women and promote sustainable, inclusive economic growth. 

Iskenderian shows how financial inclusion can be transformative for the lives of women in developing countries, describing, among other things, the informal moneylenders and savings clubs that women have relied on, the need for both financial and digital literacy (and access) as mobile phones become a means of banking, and the importance of women’s property rights. She goes on to make the business case for financial inclusion, exploring the ways that financial institutions are adapting to help women build wealth, access capital, and manage risks. Banks can do the right thing—and make money while doing so—and all of us can benefit.

The Bogle Effect: How John Bogle and Vanguard Turned Wall Street Inside Out and Saved Investors Trillions

Eric Balchunas

BenBella Books

April 2022, $40.00

While hundreds of fund providers have copied the index fund that Vanguard made popular, no one has yet copied its “mutual” ownership structure. Why? This book explores that question, as well as what made John Bogle such an anomaly—seemingly immune to the overwhelming magnet of ambition that dictates Wall Street, made famous by movies like Wall Street, The Big Short, and The Wolf of Wall Street. On the flip side, Bogle wasn’t perfect by any stretch—he could be moralizing and cantankerous and tended to make virtue out of necessity.

The Bogle Effect is animated by the author’s hours of one-on-one, exclusive interviews with Bogle in the years before he passed, which reveal his philosophy, vision, intellect, and humour. Dozens of additional interviews with people who worked with him, lived with him, were influenced by him, and disagreed with him round out a portrait of this revolutionary figure. You will never look at the financial industry or your portfolio the same way again.  CFA_Toronto_RGB Milly

 

Brenda Bickram is the manager responsible for special orders and corporate sales at Books for Business online store.
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