Management gurus


One of the great insights from Warren Buffett on investment is :
investing is most intelligent when it is most business like;
I am a better investor because I am a businessman and
a better businessman because I am an investor.


When investing, we are actually "buying a business".
From the book "The Warren Buffett Way", it was said that we need to look at management tenet, business tenet, financial tenet and market tenet.


Let’s take a look into who are the gurus in management and their ideas.

Recommending 2 books:

1. the Handy guide to the gurus of management

This book is written by Charles Handy who himself is a management guru.
BBC website has some texts (pdf files), audio and explanation on their contributions to management.
Handy guide summary

Management gurus mentioned are Charles Handy, Peter Drucker, Tom Peters, Warren Bennis, Sumantra Ghoshal, Kenichi Ohmae, Gary Hamel, Rosabeth Moss Kanter, Bill Gates, Ricardo Semler, Michael Porter , Fons Trompenaar and Charles Hampden Turner.

2. The Ultimate Business Library: the greatest books that made management by Stuart Crainer

This book shows a good summary of management gurus, their books and their ideas. A good read.

I.O.U.S.A

I.O.U.S.A
Get a copy of "the state of the union’s finance – citizen guide".
It’s a good read on US national debts, revenues, budgets and financial well beings. In the end of the pages, there are a list of high "information density" websites related to US finances.
Take a look also at the "Bonus clip". (quite a number of them !)

Investment guru: Warren Buffett


There are many books on Warren Buffett, some of which that I like are:

The Warren Buffett Way
This is my 1st book on Warren Buffett. Works great as a summary, introductory book on Warren Buffett.


The Real Warren Buffett
I like this book very much. It touches on Warren Buffett in aspects of People Leader, Capital Manager and To Act Like An Owner. More insights on his concepts.

Buffettology
written by Mary Buffett. Perhaps she has a better understanding on Buffett’s method.

Of Permanent Value
emphasis is on his life and deeds.

There isn’t a book by Warren Buffett on his investment method yet but we can get a glimpse through his own writings/lectures.

From Berkshire Hathaway’s website, we can get:

Owner-related business principles:
website
Berkshire Hathaway annual reports:
website

Besides that, here is another good Buffett’s resources online:
website

Business Game:Business Choice and CSR

Great, I found two business simulation games from BT (British Telecommunications plc) website that are interesting and real cool !
Biz simulation game

One is Better Business Choice, in which 3 venture capitalists with 3 different types of business environments (boundary world, fluid world, engaged world). You are given a limited budget and will have to make your choices on product, consumer, materials, supplier location, suppliers, employees, R&D, energy, marketing, training. After you launch your business, it will show your year 1, 3, 5 performance on environmental, economic and social aspect. Detailed Report will then explain the effect of your choices.

The other game, Better Business Dilemmas puts you in situations of a CEO on various CSR(Corporate Social Responsibility) issues in the form of emails, phone calls, memos etc. Your choice of reply will affect your performance in the view of shareholders, neighbours, employees, customers, pressure groups, shown in a chart. In the end of the game, a news article will show what happens in the annual shareholder meeting. You will be praised by some groups and scolded by some other groups. Haha, it seems that it is not easy to be a CEO.

Enjoy and have fun :-)
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Disclaimer

Disclaimer:
The opinion post on this blog is personal and is not an inducement to buy or sell any investment products. The author of this blog will NOT be held responsible for any losses incurred due to the reliance on any content of this blog for investment decisions.