Book Value
Inc.
January 1996
Executives should read fewer management books. I don't mean that 
                reading is a waste of their time; on the contrary, they should 
                read more. The question is what to read. My own view is that only 
                one book in 20 should be a business book. 
                
                That may sound odd coming from an author of three management books, 
                but I'm convinced that you can improve your leadership capabilities 
                by drinking deeply from the well of great books that have been 
                published in a wide variety of disciplines. For one thing, the 
                business and management genres offer precious few superb books 
                with new insights, good writing, and timeless value. I can think 
                of fewer than 10 published in the last 50 years. 
                
                More important, outstanding leaders and thinkers often get their 
                best insights by reading outside their primary field. Abraham 
                Lincoln, for example, forged his thinking on the slavery question 
                by reading Euclid's ancient treatise on geometry and then applying 
                the concept of logical proof to the great issue of the day. Charles 
                Darwin read about Adam Smith's economic concept of the "invisible 
                hand" while struggling to formulate his biological concept of 
                natural selection (which, of course, became the invisible hand 
                in the theory of evolution). Peter Drucker told me that the most 
                influential author in his intellectual development was the Danish 
                existentialist philosopher Soren Kierkegaard. The great entrepreneur 
                Henry Ford avidly read essays by Ralph Waldo Emerson and applied 
                Emerson's ideas to his company. 
                
                Here are a handful of my most highly recommended selections: 
                
                Chimpanzee Politics, by Frans de Waal. Even 
                more enlightening than Machiavellis The Prince, this 
                book describes power takeovers and social organizations in a chimpanzee 
                colony and argues that power politics is part of the evolutionary 
                heritage that we share with our closest nonhuman relatives. Ill 
                never look at academic or corporate politics the same way, and 
                I understand their machinations much better for having read this 
                book. Chimps, unlike humans, do not cloak their political pretenses 
                in rhetoric, so we can see more clearly the process at work and 
                thereby learn much about ourselves. 
                
                The Guns of August, by Barbara W. Tuchman. 
                This book may well have saved the world from nuclear holocaust. 
                During the 1962 Cuban missile crisis, President Kennedy drew directly 
                upon the lessons of Tuchmans bookwhich chronicles 
                how, in August 1914, European nations locked themselves into irreversible 
                political and military positions and thereby needlessly brought 
                about the slaughter of World War I. In the midst of the missile 
                crisis, Kennedy said, I am not going to follow a course 
                which will allow anyone to write a comparable book [about the 
                missile crisis]. Superbly-written, this book teaches valuable 
                lessons about how an organization can be led or driven into calamity 
                through pride, arrogance, and misunderstandings. 
                
                Influence, by Robert B. Cialdini and The Psychology 
                of Attitude Change and Social Influence, by Philip B. Zimbardo. 
                I dont see how anyone can hope to be an effective manager 
                without having a basic understanding of social psychologythe 
                forces of human influence and the dynamics of social behavior. 
                These two classic works, both jam-packed with specific examples 
                and fascinating research studies, teach invaluable managerial 
                lessons. For example, revolutionary change can best be accomplished 
                by incremental revolutionaries, who lead people from 
                A to Z by taking small steps from A to B, then from B to 
                C, then from C to D, and so on, so that the step from Y 
                to Z hardly looks like a revolution at all. Another tidbit: explicitly 
                assign people to play devils advocateto consider 
                the oppositeand thereby dilute the influence of groupthink 
                that so often plays a role in disastrous decisions. 
                
                In Love and War, by Jim and Sybil Stockdale. 
                As the highest-ranking POW in the Hanoi Hiltonin captivity 
                and under physical and psychological torture for seven yearsJim 
                Stockdale displayed iron-willed integrity under the most severe 
                conditions. Stockdale teaches that freedom is a state of mind 
                and that the two greatest weapons of enslavement are guilt and 
                fear, not bars and walls. Stockdale drew strength from Job in 
                the Bible, with its central lesson that if you persist in asking, 
                "Why me?"if you fail to accept that life is not fairyou 
                cannot endure. 
                
                Means of Ascent, by Robert Caro, and Truman, 
                by David McCullough. I love biographies. They offer us a chance 
                to learn from the experiences of others and to develop role models 
                and antimodels. Caro shows through the rise of LBJ how those consumed 
                by ruthless, amoral ambition can become influential in democracya 
                tale that's riveting, revealing, and depressing. McCullough, in 
                contrast, inspires with the story of Harry Truman, a failed businessman 
                with rock-solid midwestern core values, who rose to become one 
                of the most important and effective presidents in U.S. history. 
                Taken together, LBJ and Truman demonstrate that while a leader 
                need not be morally grounded to become powerful, the judgment 
                of history depends directly upon ones own moral character. 
                
                
                The Pandas Thumb, by Stephen Jay Gould. 
                We cannot understand our complex world without grasping the basic 
                elements of evolutionary theory. In fact, Jerry Porras and I dedicated 
                an entire chapter of our book Built to Last to how visionary 
                companies like 3M and Hewlett-Packard often evolved 
                in a way that only in retrospect looks planned. All of 
                Goulds books on evolution and natural history are superb, 
                but Pandas Thumb is my favorite and is a good place 
                to start. 
                
                The Plague, by Albert Camus. In this novel 
                Camus wrestles with the question, How do we find meaning in a 
                seemingly meaninglessand certainly brutal and alienatingworld? 
                His answer: we must create our own meaning by infusing 
                our tasks with a sense of purpose and by seeking human connection. 
                What does that have to do with management and leadership? Everything. 
                The builders of great organizations appreciate people's deep yearning 
                for meaning, and they instill a shared sense of purpose and create 
                tightly knit cultures that bond people together. Sam Walton made 
                discount retailing a meaningful pursuit, as David Packard did 
                with technology, and Mary Kay Ash did with selling cosmetics. 
                
                
                The Second World War, by Winston S. Churchill. 
                This 5,000-page, six-volume autobiography and chronicle of the 
                years 1919 to 1945 is the best book on leadership Ive read. 
                Churchills eloquence comes to life as he describes day by 
                day the monumental task of holding Britain and, later, the allies 
                together against the Axis powersa burden he shouldered at 
                age 65 and carried until age 70. I learned from Churchill the 
                inspirational power of reframing difficult times into a broader 
                goal. When in 1940 the whole world wondered, Can Britain 
                survive? Churchill countered that the goal was not to survive, 
                but to prevail. Brilliant! 
                
                How to Listen to and Understand Great Music: The Greenberg 
                Lectures, by Robert Greenberg, as part of the Superstar 
                Teacher Series. Im going to cheat a little here and include 
                a purely audio book. The Superstar Teacher Series, 
                produced by the Teaching Co., in Springfield, Va., assembles the 
                best teaching professors to present courses on tape. The Greenberg 
                music series combines a history of western civilization with a 
                history of great music from ancient Greece to the 20th century. 
                Greenbergs 48 lectures come alive with passion and knowledge 
                while they rock and roll with music from Mozart, Beethoven, Bach, 
                Wagner, and others. The course illustrates the interplay between 
                societal change and innovation, and offers a unique perspective 
                on the acceleration of change wrought by the 20th century. 
                
                Someday perhaps Ill write a column recommending the few business 
                books of the past 50 years that are actually worth reading, but 
                until then you might want to stick to reading a wide variety of 
                nonbusiness selections. It will give you a better return on investment.
Copyright © 1996 Jim Collins, All rights reserved.