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1

Author: Gottliebsen, Robert

Short Review:

Robert Gottliebsen is probably Australia's best-known business journalist. He has used his wide knowledge of Australia's major businesses and business personalities, plus some excellent research to produce a fascinating catalogue of successes and failures, each prefaced with a short diagnosis of the situation and what went right, or wrong. Pages 279 to 298 provide his conclusions from this analysis in the form of '60 Lessons'. The book as a whole covers a very wide range of the critical decisions that large companies face and the factors that lead to success or failure in making those decisions.

Publisher: Viking (Penguin)
Year Published: 2003
Country: Australia
ISBN: 0 670 04035 5
Date Reviewed: 1999-11-30
Book URL: not available on amazon.com at time of review
Author: Bobrow, Edwin

Short Review:

A short, easy to use guide to the basics of business planning. Useful for beginners and also as a reminder to practitioners on basic steps and techniques, particularly in small businesses. Faulty perception is however a bigger problem than technique - see Shapiro's Seven Deadly Sins.

Publisher: Macmillan Spectrum/Alpha Books
Year Published: 1998
Country: USA
ISBN: 0-02-861818-1
Date Reviewed: 1999-04-01
Book URL: http://www.amazon.com/exec/obidos/ASIN/0028618181/bookwatccomau
Author: Chandler, Steve

Short Review:

A personal development/personal mastery book that identifies and works through 17 ways in which we lie to ourselves and thus limit our potential, and what to do about it. Simply and directly written. Directed to the individual rather than specifically to business, but relevant to a business context.

Full Review:

There is a wealth of books on various aspects of self-development. This one is in two parts. The first identifies 17 common ways in which we lie to ourselves and suggests ways of dealing with each. The second consists of four relatively short essays on aspects of being in control of your own life. What distinguishes this from many others in the genre is that it is relatively brief, very clear and direct, has cogent examples and is easy to read or to browse.

The lies dealt with include:

  • I'm too old for that
  • There's nothing I can do
  • Winning the lottery would solve everything
  • What doesn't kill me makes me stronger

and so on. Just find what resonates with you and it will be helpful if you are ready to make changes in your thinking.

Of course, if you suffer from any of these self-limitations, just reading about it won't fix it (there must be half a dozen books on Yoga in our house and the lotus position remains at best a distant ambition).

Publisher: Renaissance Books
Year Published: 2000-01-01
Country: USA
ISBN: 1580631304
Date Reviewed: 2000-10-01 Book URL: http://www.amazon.com/exec/obidos/ASIN/1580631304/bookwatccomau

2

Author: Courtney, Hugh

Short Review:

Argues that traditional approaches to strategy take a binary view of uncertainty in a world in which levels of uncertainty vary greatly between issues. The author proposes four levels of 'residual uncertainty' - that which remains after careful analysis - and offers strategic options and tools for dealing with each level. Adds another dimension of analytical rigour and discusses the role of five tools, including scenario planning, systems dynamics and game theory.

Full Review:

In essence, what the author has done is to frame a set of known tools and principles within McKinsey's preferred structure of analytical rigour. If you still believe that 'classical' strategic planning round the business case is the only way to approach strategy, the book may help widen your options. If you are already familiar with the various tools offered, the main benefit of the book will be to provide a useful reminder that levels of uncertainty differ and a framework for thinking about your own situation and response to it.

Perhaps the most important message in the book is not to assume uncertainty until you have carried out the analysis needed to separate the knowable from the truly uncertain. 'If you want to make better strategy choices under uncertainty, then you have to understand the uncertainty you are facing...you must embrace uncertainty...get to know it.' This is the basic thesis of the book, which suggests that:

  • for any decision, a manager must first identify the variables and time frame that matter in crafting the right strategy. the variables typically include customer demand, drivers of cost, technology, competitor behaviour and others.
  • the manager must then ask what is and can be known about these key variables
  • there are four basic levels of 'residual uncertainty', which the author defines as 'the uncertainty left after the best available analysis to separate the unknown from the unknowable', each of which requires a different strategic response.

The levels are:

level 1 uncertainty provides a clear, single view of the future,

level 2 involves a limited range of outcomes, one of which will occur,

level 3 involves a wider range of possible outcomes and

level 4 a limitless range of possible outcomes in which the range of outcomes is unknown and unknowable. There is a fairly detailed discussion of each of these, with examples, with the key message being to get the analysis of which level is applicable right.

  • strategy under uncertainty requires arriving at the best possible answers to five basic questions:
  1. shape or adapt (eg seek to shape a market or adapt to an existing market)
  2. now or later
  3. focus or diversify - for example a strategic portfolio
  4. should we use new tools and Frameworks - the author explores scenarios, game theory and systems dynamics among others
  5. new strategic planning and decision making processes - should we challenge a traditional planning cycle or set of decision processes?
  • management should operate with a four step process:
  1. Define the strategic issue and the level of residual uncertainty
  2. Frame possible solutions
  3. Analyze possible solutions and make strategy choices
  4. Monitor and update strategy choices over time
  • the appropriate approach is issue related, not organization related. Organizations in stable environments may encounter major strategic issues involving high residual uncertainty, while those in very dynamic environments may have issues involving low uncertainty. The strategic process must be appropriate to the situation.

The book is a detailed exploration of these variables, starting with a detailed examination of the 'four levels of residual uncertainty'. The rather extravagant title is meant to signify, not perfect strategies, but the best available in the context of the level of uncertainty being confronted. Most of the rest of the book is concerned with how to answer the five basic questions above in the context of each level of uncertainty, and which tools are most appropriate for guiding the decision process. The tools discussed in the Appendix 'The Uncertainty Toolkit' are:

  • scenario planning
  • game theory
  • decision analysis
  • systems dynamics models
  • management flight simulators.
Publisher: HBS Press
Year Published: 2001-01-01
Country: USA
ISBN: 1578512662
Date Reviewed: 2002-04-01
Comments: A very usable book, although it needs condensation for principles.
Book URL: http://www.amazon.com/exec/obidos/ASIN/1578512662%0D/bookwatccomau

A

Author: Wilber, Ken

Short Review:

A brilliant and wide ranging analysis of the nature and causes of the changes with which we are dealing and the possible future shape of our society and world view. From a manager's point of view contains some very useful frameworks for thinking.

Full Review:

It is said that if we, who are concerned with managing change, are to be successful we must ourselves 'learn to see the world anew'. Ken Wilber is one of a handful of authors who can help us to learn. Seen from a manager's perspective, this book is therefore included for those who are interested in looking more widely at the nature and causes of the changes with which we are dealing and the possible future shape of our society and world view.

Ken Wilber is an extraordinary writer who works to synthesise material from science, philosophy, psychology, sociology and eastern and western spiritual traditions into a comprehensive diagnosis of the western condition and the nature of the challenges which face us. Having said that, a fuller review of what is also a powerful polemical attack on the inadequacies of modernist and postmodernist philosophy belongs in another forum.

This commentary is simply an attempt to explain why the book merits inclusion in a manager's reading list. Astonishingly, he achieves his synthesis in a way which is, in general, very readable and which clarifies a lot of concepts and ideas which, for me as a non-specialist in the field, have been pretty unapproachable. In particular, I have a much clearer idea of the content of 'modernism' and 'post modernism' and why it is important to understand something of that debate.

Perhaps most valuable of all, for people who are concerned with organisations and organisational change, is his framework of analysis, based on 'holons' and 'holarchies' and on four quadrants for consideration of the properties of holarchies. [A holon is simply an entity which is both complete in itself (e.g. an atom) and a part of a larger complete entity (e.g. a molecule), with the essential characteristic that more complex units in the holarchy (e.g. particle, atom, molecule,cell, etc.) have properties which can not be found in a simple aggregate of the separate holons of which they are composed.] Each of these has an exterior (i.e. susceptible to scientific examination, like the structure of the brain) and an interior (i.e. not susceptible to such examination, like my train of thought) aspect and an individual and a collective aspect.

Wilber develops the thesis that each aspect has to be dealt with on its own terms - the attempt to subject interior aspects to exterior or 'scientific' examination leads to gross distortions. He sums this up in the phrase 'surfaces can be seen, but depths [i.e. interior aspects] must be interpreted.' Equally, no consideration is complete without taking account of both individual and collective aspects. With these tools, Wilber enters into an exploration of the four aspects of holarchies, which is very revealing, even if there is a stage beyond which the reader, like myself, can no longer confidently follow him and even if the reader is uncomfortable with Wilber's conception of Spirit.

Publisher: Hill of Content
Year Published: 1996-01-01
Country: Australia
ISBN: 0 85572 270 3
Date Reviewed: 1996-05-01
Book URL: http://www.amazon.com/exec/obidos/ASIN/1570627401/bookwatccomau
Author: Trout, Jack

Short Review:

A short outline of the simple basics of marketing, that claims to be written for CEOs with no background in marketing. The principles are sound and the coverage is reasonably thorough. The style and presentation are a bit 'folksy' for my taste.

Publisher: John Wiley
Year Published: 2003
Country: USA
ISBN: 047123608X
Date Reviewed: 2003-07-01
Book URL: http://www.amazon.com/exec/obidos/ASIN/047123608X/bookwatccomau
Author: Hately, B.J. and Schmidt, W.H.

Short Review:

An immensely popular fable on the pressures of conformity and the value of diversity. The latest edition provides strategies for people with various preferences. Stronger on exhortation than on organisational solutions.

Publisher: Berrett Koehler
Year Published: 1997
Country: USA
ISBN: 1-57675-010-8
Date Reviewed: 1997-10-01
Book URL: http://www.amazon.com/exec/obidos/ASIN/1576750108/bookwatccomau
Author: Wheatley, M. & Kellner-Rogers, M.

Short Review:

A beautifully written and passionate affirmation of life and organisation as a self organising system. A prose poem, expressing complex ideas in simple terms, and inviting reflection and dialogue. It will be influential in the ferment of ideas now becoming 'discussable'.

Full Review:

Margaret Wheatley's first book, Leadership and the New Science was essentially an enquiry round the questions:

* 'Is there a better way to organise?

* Is control the only way to achieve the results we want?

* Can we learn from observation and emulation of the apparent economy with which natural systems, even those which appear chaotic, organise themselves?

The book suggested that these ideas are worth exploring and experimentation and that such a world view fits far better with human aspiration than the high control model. A Simpler Way is a passionate affirmation that our world is indeed self organising and that the life force is an exploratory, playful, cooperative thrusting reality which is continually exploring and seeking out new places and new directions for life.

The opening invitation introduces the themes and the central question: 'How could we organize human endeavor if we developed different understandings of how life organizes itself?' In the same invitation, the authors summarise their beliefs, which are worth quoting in full:

'The universe is a living, creative, experimenting experience of discovering what's possible at all levels of scale, from microbe to cosmos Life's natural tendency is to organise. Life organizes into greater levels of complexity to support more diversity and greater sustainability Life organizes around a self. Organizing is always an act of creating an identity Life self-organizes. Networks, patterns and structures emerge without external imposition or direction. Organization wants to happen People are intelligent, creative, adaptive, self-organizing and meaning seeking Organizations are living systems. They too are intelligent, creative, adaptive, self organizing, meaning seeking'
It is, in every way, a beautiful and affirming book, even in its production. As a reviewer, most books I handle are marked with highlighters, littered with stickies, even dog-eared. With its wonderful photo essays, clarity of layout and somehow the 'feel' of a leather bound classic, my copy is still carefully unmarked. I read it in two entranced sittings and have put it aside for much more leisurely and reflective rereading. I have no doubt that it will become a classic. The ideal use for it is as the basis for reflective dialogue, so that readers may share and explore the reflections triggered by the book as a whole and the many ideas and themes contained within it. The structure encourages its use in dialogue as it deals with themes at the level of life and evolution itself, the self, the organisation, the phenomenon of emergence. It expresses the application of ideas contained in quantum thinking, complex adaptive systems and autopoiesis (self-producing) to human affairs and our relationship to the world, without ever lapsing into jargon or unnecessary complexity. Proper consideration of its message requires dialogue. As I read it, my heart was saying 'yes', 'that's right' at the same time that the 'rational' analytical side of me was saying 'but what about ...', 'how could this approach apply to...'? I can think of few more productive uses of time for a new team seeking to achieve some useful goal than to undertake reflective dialogue using the themes in this book as a starting point. It is likely to trigger creative and possibly quite unexpected ideas about how to work together.

Publisher: Berrett Koehler
Year Published: 1996-01-01
Country: USA
ISBN: 1-881052-95-8
Date Reviewed: 1996-09-01
Book URL: http://www.amazon.com/exec/obidos/ASIN/1881052958/bookwatccomau
Author: Davies, Adrian

Short Review:

A two part manual on governance, Part 1 setting out the principles, while Part 2 consists of case studies. Seeks to link governance to strategic direction setting. Somewhat discursive, covering history as well as issues, but covers the main issues systematically.

Full Review:

The theme of the book is that governance is not simply a set of rules that have to be followed, but that good governance is an aid to effectiveness and can contribute to building sustainable competitive advantage.

'Governance', says the author, 'may be seen as a process for reconciling the ambitions of the individual with the need to preserve and develop the 'common weal', which binds individuals through shared interests.' Good governance is essentially strategic in its scope, in that its aim is to create a balance in which all stakeholders (owners, customers, employees, suppliers, and others) are able to see sustainable benefits from maintaining the relationship and are therefore committed to its continuance. As Sir Adrian Cadbury points out in the Foreword, transparency is the key to governance of any organisation and checks and balances are needed to ensure that too much power is not concentrated in one person or group.

The author's historical perspective is useful in bringing out the key historical issues and in demonstrating that many of the traditional mechanisms in governance reach back to the 19th century and are in need of change. As the author remarks, new structures are needed to reflect new and more complex relationships. It is also useful in demonstrating that similar considerations apply to all organisations, not only companies.

The case studies that make up the second half of the book are useful in illustrating the range of issues, with most of the cases being UK based, but also some of them covering global organisations. On the other hand, it is frustrating for those who simply want a guide for action.

The coverage of the issues is complete, but it is surrounded with a good deal of discussion, in which the key points are not always clearly flagged. As a general overview of the issues, it is useful. For me it fails to get to grips in a clear and easily referenced way with the key issues of changing power relationships between stakeholders - for example the growth of environmentalism, the issue of equal alliances between companies and the question for global companies of reconciling differing governance rules around the world.

Publisher: Gower
Year Published: 1999-01-01
Country: UK & USA
ISBN: 0566 08074 5
Date Reviewed: 2000-07-01
Book URL: http://www.amazon.com/exec/obidos/ASIN/0566080745/bookwatccomau
Author: Johnson, L. and Phillips, B.

Short Review:

This is a simple (possibly over-simple) but well structured overview of the attitudes an actions needed to ensure integrity of operation within an organisation. It is built around 'six laws', all of them fairly obvious but not necessarily easy to embed in an organization, with chapters giving advice on each. There is also a chapter on building an ethical infrastructure. It may be useful to those who want a check list of points to include in a program to overcome cultural problems within an organisation.

Publisher: Amacom
Year Published: 2003
Country: USA
ISBN: 0814407811
Date Reviewed: 1999-11-30 Book URL: http://www.amazon.com/exec/obidos/ASIN/0814407811/bookwatccomau

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