Terry Rodgers’ top-5 favourite business books.
Warren Buffett is arguably the most skilled investor of our time and he said reading 500 pages a day was the key to success. “That’s how knowledge works. It builds up, like compound interest,” he explained.
If you want exposure to new ideas, modes of thinking, and a compounded aggregate of diverse knowledge, then reading is important. And it’s going to help you in business, be it by a mixture of accounts on other corporate successes or failures and lessons.
Here is a list of Terry Rodgers’, President of HighStreet Accommodations, top-5 favorite non-fiction and business books:
- The Five Dysfunctions of a Team by Patrick Lencioni. Everything depends on trust among team members and Lencioni lays it out in an easy, quick, and eye-opening read. Every manager and executive will recognize themselves somewhere in this book. Lencioni distills the problems that keep even the most talented teams from realizing their full potential.
- The Communication Catalyst by Mickey Connelly & Richard Rianoshek. All about creating the Cycle of Value in our relationships with customers, investors, and employees. Finding that what plagues the industry most are time and money, Connolly and Rianoshek explain how to create more economic value in less time, primarily through the wily application of conversation. Social literacy, they contend, is all about communication design. Readers will learn why communication is the answer to the modern demand for speed, how genuine, skillful communication can heal the rift between high performance and meaningful work, and how communication can benefit such measurable areas as recruiting, retention, time to market, customer loyalty, and earnings per share.
- Thinking, Fast and Slow by Daniel Kahneman (he is a psychologist who won the 2002 Nobel Prize in Economics with his partner, Amos Tversky) He describes the two systems of thinking that drive the way we think and it’s absolutely fascinating! This book contains some profoundly important concepts around how people make decisions. It will help you understand why humans sometimes make errors in judgment, and how to look for signs that you yourself may be about to make a System 1 error.
- The Black Swan, The Impact of the Highly Improbable by Nassim Nicholas Taleb. It’s a magnificent and thoughtful book that can change the way a person looks at the world. A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random, and more predictable than it was.
- Systems of Survival, by Jane Jacobs. Jacobs addresses the moral values that underpin public life. Written in the form of a dialogue, Systems of Survival identifies two distinct public moral syndromes–one governing commerce, the other, politics.