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Rabu, 17 Agustus 2011

Free Download The Halo Effect: . . . and the Eight Other Business Delusions That Deceive Managers, by Phil Rosenzweig

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The Halo Effect: . . . and the Eight Other Business Delusions That Deceive Managers, by Phil Rosenzweig

Review

"In "The Halo Effect," Phil Rosenzweig has done us all a great service by speaking the unspeakable. His iconoclastic analysis is a very welcome antidote to the kind of superficial, formulaic, and dumbed-down matter that seems to be the current stock in trade of many popular business books. It's the right book at the right time."-- John R. Kimberly, Henry Bower Professor of Entrepreneurial Studies, The Wharton School, University of Pennsylvania"I was taken by this book. It destroys myths concerning the attribution of success in the management literature using potent empirical arguments. It should stand as one of the most important management books of all time, and an antidote to those bestselling books by gurus presenting false patter and naive arguments." -- Nassim Nicholas Taleb, author of "Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets""Rosenzweig doesn't only poke fun at the mass of bad writing and bad science in the management world. He explains why it is so bad -- and how you can learn from it, despite the efforts of the authors." -- John Kay, "Financial Times" columnist and author of "Everlasting Light Bulbs: How Economics Illuminates the World""In "The Halo Effect", Phil Rosenzweig has done us all a great service by speaking the unspeakable. His iconoclastic analysis is a very welcome antidote to the kind of superficial, formulaic, and dumbed-down matter that seems to be the current stock in trade of many popular business books. It's the right book at the right time." -- John R. Kimberly, Henry Bower Professor of Entrepreneurial Studies, The Wharton School, University of Pennsylvania"Business books all too rarely combine real-world savvy with scientific rigor. Rosenzweig's book is an outstanding exception -- it's a superb work and long overdue." -- Philip E. Tetlock, Lorraine Tyson Mitchell II Chair in Leadership and Communication, Haas School of Business, University of California, Berkeley

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About the Author

Phil Rosenzweig is a professor at IMD in Lausanne, Switzerland, where he works with leading companies on questions of strategy and organization. He earned his PhD from The Wharton School, University of Pennsylvania, and spent six years on the faculty of Harvard Business School. He is a native of Northern California. Comments to the author can be sent to Phil@The-Halo-Effect.com.Visit The-Halo-Effect.com to download a user’s guide to The Halo Effect for your company or classroom, or to join a discussion forum about delusions in the business world.

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Product details

Paperback: 288 pages

Publisher: Free Press; Reissue edition (June 17, 2014)

Language: English

ISBN-10: 1476784035

ISBN-13: 978-1476784038

Product Dimensions:

5.5 x 0.7 x 8.4 inches

Shipping Weight: 8.5 ounces (View shipping rates and policies)

Average Customer Review:

4.3 out of 5 stars

127 customer reviews

Amazon Best Sellers Rank:

#219,937 in Books (See Top 100 in Books)

Many business books and articles have been written about what Phil Rosenzweig calls “the mother of all business questions… What leads to high performance?” This book explains why much of this analysis is “riddled with errors.”Using the examples of Cisco, ABB, and others, the author demonstrates the phenomenon. When times were good—strong revenue growth and a soaring stock price—these companies were praised for their exemplary strategy, culture, and CEO. When financial performance fell, the same strategy, culture, and CEO were ripped apart as severely flawed.Why does this happen? Because we love stories. “As long as Cisco was growing and profitable and setting records for its share price, managers and journalists and professors inferred that it had a wonderful ability to listen to its customers, a cohesive culture, and a brilliant strategy. And when the bubble burst, observers were quick to make the opposite attribution. It all made sense. It told a coherent story.”“Yet there’s a bit more to it. Our desire to tell stories, to provide a coherent direction to events, may also cause us to see trends that do not exist or infer causes incorrectly. We may ignore facts because they don’t fit into our story.”How does this happen? Introducing the Halo Effect. “During World War I, an American psychologist named Edward Thorndike was conducting research into the ways that superiors rate their subordinates. In one study, he asked army officers to rate their soldiers on a variety of features: intelligence, physique, leadership, character, and so on. He was struck by the results. Some men were thought to be ‘superior soldiers’ and were rated highly at just about everything, while others were thought to be subpar across the board… Thorndike called it the Halo Effect.”The Halo Effect is “a tendency to make inferences about specific traits on the basis of a general impression. It’s difficult for most people to independently measure separate features; there’s a common tendency to blend them together. The Halo Effect is a way for the mind to create and maintain a coherent and consistent picture to reduce cognitive dissonance… It’s also a heuristic, a sort of rule of thumb that people use to make guesses about things that are hard to assess directly.”“Fortune claims that the World’s Most Admired Company survey is ‘the definitive report card on corporate reputations.’ … For all the appearance of rigorous research—thousands of executives providing responses to nine separate questions, which are then combined for an overall ranking—there’s a serious Halo Effect. Respondents may be asked nine questions, but it’s unlikely that they have nine different opinions about the company. More likely is that one or two general impressions are expressed nine times. Moreover, the most important opinion is likely to be based on overall financial performance. Look at any company with healthy revenues and strong profits, and it’s likely that I’ll infer it has good management, high quality products, and more… Two different studies showed that a company’s financial performance explained between 42 and 53 percent of the variance of the overall rating.”“So many of the things that we—managers, journalists, professors, and consultants—commonly think contribute to company performance are often attributions based on performance.”This leads us to the Delusion of Correlation and Causality. “If we want to test whether customer orientation leads to high performance, the last thing we should do is ask managers: ‘How customer oriented is this company?’ We’re likely to get an attribution based on performance. To have any validity at all, we need to rely on measures that are independent of performance.”“But suppose we look at a measure that is not tainted by Halos—say the rate of employee turnover—and we find a high correlation with performance. Now the challenge is to untangle the direction of causality… As long as we gather data at one point in time—cross-sectionally—we won’t know.”“One way to improve our ability to explain causality is to gather data at different points of time so that the impact of one variable on some subsequent outcome can be more clearly isolated. This approach, called, longitudinal design, is more time-consuming and expensive to carry out, but it stands a better chance of avoiding mistaken inferences from simple correlation.”Next, there’s the Delusion of Absolute Performance. “Companies are often described as succeeding or failing on the merits of their actions alone, as if performance were absolute. But in a competitive market economy, the performance of one company is always affected by the performance of other companies.” It’s all relative.Kmart is a good illustration of this point. Kmart improved inventory turns from 3.45 in 1994 to 4.56 in 2002, a 32% improvement. Impressive, right? “Over the same eight years, Wal-Mart’s inventory turns went from 5.14 all the way to 8.08, up 63 percent. Wal-Mart had faster turns at the start of the eight-year period than Kmart had at the end. Kmart got better in absolute terms and yet fell further behind at the same time—and the gap between the two retailers was growing ever wider.”“The Delusion of Organizational Physics implies that the business world offers predictable results, that it conforms to precise laws. It fuels a belief that a given set of actions can work in all settings and ignores the need to adapt to different conditions: intensity of competition, rate of growth, size of competitors, market concentration, regulation, global dispersion of activities, and much more. Claiming that one approach can work everywhere, at all times, for all companies, has a simplistic appeal but doesn’t do justice to the complexities of business… Execution, like strategy, doesn’t lend itself to predictable cause-and-effect relationships.”The Delusion of Lasting Success: “In a free market system, high profits tend to decline thanks to what one economist called ‘the erosive forces of imitation, competition, and expropriation.’ Rivals copy the leader’s winning ways, new companies enter the market, consulting companies spread best practices, and employees move from company to company.”The book also includes: the Delusion of Single Explanations, the Delusion of Connecting the Winning Dots, the Delusion of Rigorous Research, and the Delusion of the Wrong End of the Stick.Rosenzweig hopes this book will “help managers think for themselves.”

As best summarized by the author: "The central idea in this book is that our thinking about business is shaped by a number of delusions...More recently, cognitive psychologists have identified biases that affect the way individuals make decisions under uncertainty. this book is about a different set of delusions, the ones that distort our understanding of company performance, that make it difficult to know why one company succeeds and another fails. These errors of thinking pervade much that we read about business, whether in leading magazines or scholarly journals or management bestsellers. They cloud our ability to think clearly and critically about the nature of success in business."The book then goes on to present the nine delusions excerpted below:"Delusion One: The Halo Effect - The tendency to look at a company's overall performance and make attributions about its culture, leadership, values, and more. In fact, many things we commonly claim drive performance are simply attributions based on prior performance.Delusion Two: The Delusion of Correlation and Causality - Two things may be correlated, but we may not know which one causes which. Does employee satisfaction lead to high performance? The evidence suggests it's mainly the other way around - company success has a stronger impact on employee satisfaction.Delusion Three: The Delusion of Single Explanation - Many studies show that a particular factor - strong company culture of customer focus or great leadership - leads to improved performance. But since many of these factors are highly correlated, the effect of each one is usually less than suggested.Delusion Four: The Delusion of Connecting the Winning Dots - If we pick a number of successful companies and search for what they have in common, we'll never isolate the reasons for their success, because we have no way of comparing them with less successful companies.Delusion Five: The Delusion of Rigorous Research - If the data aren't good quality, it doesn't matter how much we have gathered or how sophisticated our research methods appears to be.Delusion Six: The Delusion of Lasting Success - Almost all high performing companies regress over time. The promise of a blueprint for lasting success is attractive but not realistic.Delusion Seven: The Delusion of Absolute Performance - Company performance is relative, not absolute. A company can improve and fall further behind its rivals at the same time.Delusion Eight: The Delusion of the Wrong End of the Stick - It may be true that successful companies often pursued a highly focused strategy, but that doesn't mean highly focused strategies often lead to success.Delusion Nine: The Delusion of Organizational Physics - Company performance doesn't obey immutable laws of nature and can't be predicted with the accuracy of science - despite our desire for certainty and order."Every now and then one comes across a book, that makes its reader take a step back and re-assess his views, experiences and readings. The Halo Effect is one of these books. It delivers both on account of the content and also of the numerous corporate examples and references to leading work in the leadership/management space to illustrate the concepts presented. A very refreshing and highly recommended read!Below are excerpts from the book that I found particularly insightful:1- "In fact, for all the secrets and formulas, for all the self-proclaimed thought leadership, success in business is as elusive as ever."2- "...There was talk, over and over, about customer orientation and leadership and organizational efficiency, but these things are hard to measure objectively, so we tend to make attributions about them based on things we do feel certain about - revenues and profits and share price. We may not really know what leads to high performance, so we reach for simple phrases to make sense of what happened."3- "If we start with the full data set and look objectively at many years of company performance, we find the dominant pattern is not one of enduring performance at all, but one of rise and fall, of growth and decline. Foster and Kaplan conclude: "...Managing for survival, even among the best and most revered corporations does not guarantee strong long term performance for shareholders. In fact, just the opposite is true. In the long run, the markets always win"."4- "March and Sutton explain: "In its efforts to satisfy these often conflicting demands, the organizational research community sometimes responds by saying that inferences about the causes of performance cannot be made from the data available, and simultaneously goes ahead to make such inference.""5- "We can't turn back the clock, change one variable, and then run the experiment again...It's easy to blame one man for a company woe's, but these sorts of attributions, while appealing for their simplicity, may not provide the best basis on which to manage a company."6- "...An organization isn't a system of mechanical parts, interchangeable and replaceable. It's better understood as a sociotechnical system, a combination of mean and machines, of people and things, of hardware and software, but also of ideas and attitudes. Some technical elements can often be copied and applied with predictable results...but when we begin to examine how those technical systems interact with social systems, with people and values and attitudes and expectations, the results are harder to predict."7- "Managers quite naturally find it easier to keep the attention on execution, which everyone will always agree can be done better."8- "What leads to high performance?...we're left with two broad categories: strategic choice and execution...In spite of our desire for simple steps, the reality of management is much more uncertain that we would often like to admit - and much more so that our comforting stories would have us believe."9- "As Tom Peters observed: "To be excellent, you have to be consistent. When you're consistent, you're vulnerable to attach. Yes, it's a paradox. Now deal with it.""

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Selasa, 16 Agustus 2011

Download The History of American Graffiti, by Roger Gastman Caleb Neelon

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The History of American Graffiti, by Roger Gastman Caleb Neelon

Review

“The History of American Graffiti is the first truly comprehensive history of graffiti’s secretive, illegal culture.” (Shephard Fairey, artist)“’Wild style’ graffiti may be the most influential art movement since pop art. Roger Gastman and Caleb Neelon have written the definitive history of the origins of the graffiti styles that emerged in Philadelphia, New York, and Los Angeles in the early 1970s and inspired young artists around the world.” (Jeffrey Deitch, director, Los Angeles Museum of Contemporary Art)“Graffiti is a much-maligned and misunderstood social movement, which I am proud to be a part of. This book offers the definitive perspective on graffiti-finally, we have a historical textbook for the most colorful art form modern society has known.” (David Arquette, actor)“If there were a college course on graffiti, this would be its textbook, but these stories are more fun than academic: The History of American Graffiti also supplements a degree from the school of street smarts.” (Shepard Fairey, artist)“This book is a much-needed celebration of a true American art form-graffiti writing. Whether you love or hate graffiti, this book breaks down the history of this controversial art. Learn about this important movement-cop this book!” (Alain "KET" Maridueña, author, Graffiti Planet, Rockin' It Suckers, and Graffiti Tattoo)“When the American graffiti movement emerged, it was ‘outsider’ art, youth art, and public art all at once. It shattered racial and economic segregation and provoked political and generational reprobation. Roger Gastman and Caleb Neelon’s The History of American Graffiti is as sweeping, provocative, and monumental as the movement itself.” (Jeff Chang, author, Can't Stop Won't Stop: A History of the Hip-Hop Generation)

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About the Author

Roger Gastman started writing graffiti as a teenager in Bethesda, Maryland, and was able to parlay his love for it into a legitimate career. He founded and published two respected pop­culture magazines—While You Were Sleeping and Swindle (copublisher)—as well as more than a dozen highly sought-after art books. He is the founder and creative director of R. Rock Enterprises, a multiplatform media agency specializing in print, art, design, marketing, and brand development that has nurtured the careers of internationally recognized artists. Gastman has produced several independent documentary films and has held speaking engagements at universities and museums across the country. He lives in Los Angeles, California, with his two yellow Labs, Nicky and Harley. Caleb Neelon has been writing about urban history and contemporary culture for more than fifteen years. He is the co­author of Street World and Graffiti Brasil, author of his artist monograph, Caleb Neelon's Book of Awesome, and a contributor to dozens of other books and magazines. He has painted walls in more than two dozen countries and exhibited in galleries, museums, hospitals, and educational settings. He lives in Cambridge, Massachusetts.

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Product details

Hardcover: 400 pages

Publisher: Harper Design (April 5, 2011)

Language: English

ISBN-10: 0061698784

ISBN-13: 978-0061698781

Product Dimensions:

9 x 1.8 x 9.8 inches

Shipping Weight: 4.3 pounds

Average Customer Review:

4.4 out of 5 stars

15 customer reviews

Amazon Best Sellers Rank:

#751,409 in Books (See Top 100 in Books)

An incredibly well-researched city-by-city, decade-by-decade guide to graffiti and street art in the U.S. Even if you skim over the exhaustive listings of artists from each scene, you will find a ton of useful detail on the history and culture of graffiti. As an artist and educator I've found this material to be invaluable. Note: co-author Caleb Neelon is an internationally famous street artist in his own right, and lends first-hand experience and credibility to the text.

This book could have been at least 3 or 4 times longer than it actually is but then it would weigh about 15 pounds instead of about 3-4 lbs. I love the thick pages and the colorful pictures and i also loved how detailed the history was. THERE SHOULD BE A CLASS WITH THIS AS THE TEXTBOOK IN EVERY COLLEGE IN THE NATION!!~EVOL

I purchased this book to use in a class that I am teaching called The Art and History of Graffiti. The introduction and opening chapters are very informative and there are lots of images to keep my high school students engaged.

This book is comprehensive, insightful, and profound. takes it's place on the top shelf of hip-hop/graffiti books. The chapter on My home town of East Chicago took me by surprise. i knew all those guys! My son grew up in awe of them and carries the torch with UAE & FTR of Chicago. Highly recommended.

must have...

I bought this as a gift, and my boyfriend loves it! Great photos, tons of info, very comprehensive. Def recommend.

Bought this for my husband for fathers Day. He is from Baltimore City and knew of some of the people in the book. Awesome Book and best price I could find plus free shipping.

is a great book of history of usa graffiti... i saw new photos of oldschool graffiti and fresh interview to learn more. i recomended

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Sabtu, 13 Agustus 2011

Download Ebook That Churchill Woman: A Novel, by Stephanie Barron

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About the Author

Stephanie Barron studied history at Princeton and Stanford, where she was an Andrew W. Mellon Foundation Fellow in the Humanities. She is the author of the historical suspense novels A Flaw in the Blood and The White Garden, as well as the critically acclaimed and nationally bestselling Jane Austen Mystery series. A former intelligence analyst for the CIA, Barron—who also writes under the name Francine Mathews—drew on her experience in espionage for such novels as Jack 1939, which The New Yorker described as “one of the most deliciously high-concept thrillers imaginable.” She lives and works in Denver, Colorado.

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Product details

Hardcover: 400 pages

Publisher: Ballantine Books (January 29, 2019)

Language: English

ISBN-10: 1524799564

ISBN-13: 978-1524799564

Product Dimensions:

6.3 x 1.3 x 9.5 inches

Shipping Weight: 1.4 pounds (View shipping rates and policies)

Average Customer Review:

3.8 out of 5 stars

34 customer reviews

Amazon Best Sellers Rank:

#11,992 in Books (See Top 100 in Books)

I loved this beautifully written story of Lady Randolph Churchill nee Jennie Jerome. Ms Barron captures the times in which Jennie Jerome lived and her impact on the world she inhabited. Other books about Winston Churchill's mother have portrayed her as wanton, ambitious and a poor mother but Ms Barron gives another version of this independent, intelligent woman stuck in a thankless role.This is a highly readable book filled with interesting facts about the Victorian and post Victorian era. I highly recommend this excellent book.

Jeanette (Jennie) Jerome is the daughter of a very wealthy American family. As was the case with many wealthy American young women of the time period, she moved to Europe hoping to marry a man with a title. Thus, she married Lord Randolph Spencer-Churchill, a younger son of the seventh Duke of Marlborough whose family home is Blenheim Palace in the Cotswolds.When Jennie and Randolph first met, she was impressed with his drive to stand for Parliament and he admired her athleticism. They had two sons, the oldest being the famous Winston Churchill. Jennie often wrote or rewrote Randolph’s speeches in the House and they were spectacular. As Randolph was not a strong man and as he did not like to leave London where he was so involved with Parliament, Jennie ended up going alone to attend house parties.At a house party, Jennie met Count Charles Kinsky with whom she fell in love. They had an affair but she tried to cut it off. It was not the first affair that she had had. They continued to meet up over the years and their love was true.We learn the truth about Randolph, his homosexuality, and resulting syphilis from which he suffered for many years. Randolph was not a warm father to his sons and never failed to criticize them. Winston was not a top student and this infuriated his father. Both Jennie and Randolph were not hands-on parents in any way. The children were sent off to school at a very young age and their nanny raised them the rest of the time. Even when Winston was very ill, Jennie’s presence at a dinner party was more important than being at her son’s side.This book covers lots of political debate of the time period which some readers may not care for, but I learned a lot from it.I have read other books about Jennie and her sisters. In addition, I am a huge fan of Winston Churchill and have read numerous books about him as well. So, when this book came along, I was very anxious to read it. I was not disappointed. It is terrific. I love English history and this book is tops.I voluntarily reviewed an Advanced Reader Copy of this book.

This latest by Stephanie Barron features complex characters that although based on the real life of Jennie Spencer-Churchill, American heiress and mother of Winston Churchill, THAT CHURCHILL WOMAN is scintillating historical fiction. Wow—to have lived such a life! As with her same deft pen used in the Jane Austen Mystery series, Barron’s incomparable research is ever apparent and adds to the richness of her story.After losing her sister Camille at a young age, having cheated death herself, Jennie Jerome grew into a forward thinking woman who lived a large life, “lived her best life” as we would say now, regretting little. Her father, Leonard Jerome, told her then, “The only way to fight death, Jennie, is to live. You’ve got to do it for two people now—yourself and Camille. Take every chance you get. Do everything she didn’t get to do. Live two lives in the space of one. I’ll back you to the hilt.”As an American heiress, she dazzled the British aristocracy and other European elite—“I cannot be one of them, after all. Much better to be the best possible version of myself”—and for a time they loved her verve. Living by certain axioms of London Society such as “Sleep where you like, but be in your own bed by morning” served her well...until it didn’t. She was a keeper of secrets and knew how to manage the men in her life, especially her husband Lord Randolph Spencer-Churchill. Her longtime love affair with Austria’s Prince Karl (Charles) Kinsky reads like tantalizing fiction...that left me rather melancholy for the both of them.Even the most astute historical fiction readers will be caught off guard by the provocative and engaging prose and insights of this surprisingly powerful and intriguing woman during a colorful era. THAT CHURCHILL WOMAN is not to be missed! This would translate well to the big screen or a Masterpiece Theatre. (I read an ARC via Net Galley and this was my first book I reviewed for my 2019 Goodreads Challenge.)I pre-ordered and downloaded the audiobook as soon as it was available. I was anxious because too often a narrator can ruin a favorite book because of the accents, pacing, delivery, over-acting...you know what I mean. This is a standout performance! The voice actor is smooth and clear, and the characterizations are on point. Brava!

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That Churchill Woman: A Novel, by Stephanie Barron PDF

That Churchill Woman: A Novel, by Stephanie Barron PDF
That Churchill Woman: A Novel, by Stephanie Barron PDF