The World's Best Book Summaries
Do you want your organization to become emotionally intelligent? How can you promote emotional intelligence at work? Changing an origination’s work culture is difficult, but the authors of Primal Leadership explain four steps to make your workplace more emotionally intelligent. This means that workers will have a better understanding of their own emotions and how to work with their coworkers. Here’s how to foster an emotionally intelligent workplace.
In what ways can poor governance affect a country? Why is it so difficult to reform these countries? The effects of poor governance can be seen on many fronts—corruption and poverty being the most prominent. The obvious solution would be to reform the governments of these countries, but it’s not that easy. Here’s why poor governance can be detrimental to a nation.
Does foreign aid work, or does it make situations worse? How can foreign aid be tailored to each country’s unique situation? British economist Paul Collier, the author of The Bottom Billion, argues that foreign aid can be helpful if it’s tailored to each country rather than applied in a one-size-fits-all manner. Here’s how countries can change their approach and make foreign aid work.
Does humanitarian military intervention actually work? Should the West be intervening in foreign military affairs? Military aid is a dicey topic. Some believe it works, while others are strictly against it. Economist Paul Collier, the author of The Bottom Billion, believes that it’s necessary for restoring order, keeping the peace, and protecting against coups. Here’s why Collier thinks military intervention is crucial in helping developing nations grow.
Do you want to make your business run more efficiently? What are some things you can do to increase the efficiency of your operations without compromising quality? In his book Profit First, Mike Michalowicz says that business owners should try to increase efficiency everywhere they can. Michalowicz recommends three mindsets to accomplish this: 1) don’t just think small, 2) solve a unique problem well, and 3) push sales after you adopt an innovation. Here’s how to improve business efficiency, according to Michalowicz.
What is management accounting? What are the three principles of management accounting? According to Mike Michalowicz, the author of Profit First, traditional management accounting has three basic principles. These principles have been used for years, and Michalowicz believes they are outdated. Here’s an overview of traditional management accounting principles, according to Michalowicz.
How can foreign trade policies help poor countries develop? How can fair trade practices backfire? Economist Paul Collier says in his book The Bottom Billion that trade can help poverty, but it can also make things worse. He outlines practices the West can use that will actually help poor nations grow rather than trapping them in poverty. Here’s how trade fights poverty.
Are you still using traditional accounting methods in your business? Why don’t these methods lead to long-term success? According to Mike Michalowicz, the author of Profit First, the traditional methods of business accounting don’t work in the long term. He says that the logic of traditional accounting clashes with the natural ways people think and make decisions. Here are the four reasons why traditional accounting doesn’t work.
Is your business financially healthy? How can you assess the financial health of a company? In his book Profit First, business makeover specialist Mike Michalowicz explains how to assess the financial health of your company using the allocation percentage equation. He also provides a table of what a healthy business should look like in terms of allocation percentages for businesses of various sizes. Here’s how to assess your company’s financial health, according to Michalowicz.
Do you want to know how to help poor countries? How can laws and charters improve the lives of the bottom billion? Paul Collier, a British economist, believes that one of the most cost-effective ways to help the poorest countries is to change their laws. It sounds harsh, but by creating a more ethical system, the economy can start to grow. Here’s Collier’s method for helping the bottom billion.