Business & Economics

The Richest Man in Babylon, based on “Babylonian parables”, has been hailed as the greatest of all inspirational works on the subject of thrift, financial planning, and personal wealth. In simple language, these fascinating and informative stories set you on a sure path to prosperity and its accompanying joys. A celebrated bestseller, it offers an understanding and a solution to your personal financial problem. Revealed inside are the secrets to acquiring money, keeping money, and making money earn more money.

In J.J. Sutherland’s first book, Scrum, written with his father, Jeff, he laid out the Scrum framework used by almost all of today’s leading technology companies, based on Agile software development. The book has gone on to sell over 120,000 copies in its print and ebooks editions, and another 95,000 copies as an audio download. Since publication, the Scrum framework has exploded across the corporate world. J.J. and his team at Scrum Inc. have worked with private space companies, global oil and gas firms, banks, medical device manufacturers, and firms on the cutting edge of genetic science.

In the Scrum Fieldbook, J.J. takes leaders, managers, and employees deeper into the specific challenges and opportunities the company has faced in working with major established companies like Toyota, 3M, Schlumberger, and Autodesk. He shows how the simple scrum framework can be successfully applied to any situation, and in every industry, from automobile manufacturers in the USA and Europe, to nonprofits in Africa, from home renovation contractors in Minnesota to gas exploration companies in South America, from building fighter planes to improving the banking industry.

Sara Blakely had a problem. She had a beautiful pair of white designer pants hanging in her closet just calling out to her to wear them, even though they accented her least favorite feature: cellulite. After searching high and low for a solution and coming up empty, an idea was born: Spanx.

The Spanx Story chronicles Sara’s journey from long nights researching patent and trademark law, to years of cold shoulders she received from the titans of the pantyhose industry, to the cold call that led to the shelves of Nieman Marcus. It was a long road of incredible hard work and determination that led Spanx to become the iconic brand it is today.

This book educates and inspires entrepreneurs and innovators to find the problem for their solutions and persevere through all of the hard work that goes into building a billion-dollar company. Through Sara’s story, you will learn:

– How to develop an idea and turn it into a business.
– How to start a company with very little capital by thinking outside of the box and dedicating every spare moment to your goal.
– How to recognize when it’s better to hire a CEO than to be the CEO.

And, how to stay the course and continue to believe in your idea, despite naysayers and going against an industry resistant to innovation.

In every sector, there’s an outlier. In the phar­maceutical industry, it’s Merck. In discount retail, it’s Family Dollar. It used to be Wrig­ley in candy and Maytag in appliances. Other superstars have been hidden in plain sight, like Heartland Express in trucking or Linear Technology in semiconductors. How do these exceptional companies deliver superior perfor­mance over the long run despite facing the same constraints as competitors? What are they doing differently? What can we learn from them?

Michael E. Raynor and Mumtaz Ahmed have analyzed data on more than 25,000 com­panies spanning forty-five years. Their five-year study began with a sophisticated statistical analysis to identify which companies have truly exceptional performance, 344 in all.

In collaboration with teams of researchers, Raynor and Ahmed then put a carefully chosen representative sample of twenty-seven com­panies under the microscope to uncover what made the stand-out performers different. They found that exceptional companies, when faced with difficult decisions, follow three rules:
– Better before cheaper. They rarely compete on price.
– Revenue before cost. They drive profits through price and volume, not thrift.
– There are no other rules. Everything else is up for grabs, and they are willing to change anything to remain true to the first two rules.

The rules provide an indispensable compass that any company can use to chart its own path to greatness. Is it better to keep price down or invest in creating value that commands a higher price? Should you focus on talent and develop­ing the abilities of your people or build processes to extend the capabilities of your organization? How about acquiring a sizable competitor to secure economies of scale—or a small start-up to gain access to new technology? According to Raynor and Ahmed, the right answers to these and just about every other question are the ones most closely aligned with the rules.

The Three Rules is built on a powerful combina­tion of large-scale data analysis and in-depth case studies. Its guidance will increase the chance that your organization can become truly exceptional.