Archive for the ‘Business’ Category

Banker to the Poor: Micro-Lending and the Battle against World Poverty – Muhammad Yunus – Audio Book

April 15, 2007

Banker to the Poor: Micro-Lending and the Battle against World Poverty – Muhammad Yunus : In 1983, Muhammad Yunus established Grameen, a bank devoted to providing the poorest of Bangladesh with miniscule loans. Believing that credit is a basic human right, not the privilege of a few, Yunus aimed to support that spark of personal initiative and enterprise by which the poor might lift themselves out of poverty forever. Grameen Bank now provides over 2.5 billion dollars of micro-loans to more than two million families in rural Bangladesh. Ninety-four percent of Yunus’s clients are women, and repayment rates are nearly 100 percent.

In Banker to the Poor, Yunus traces the journey that led him to rethink the economic relationship between rich and poor and recounts the challenges he faced in founding Grameen. He provides wise, hopeful guidance for anyone who would like to join him in the burgeoning world movement of micro-lending to eradicate world poverty.

It seems so easy and we are asking us:”Why the bankers or the loans societies did not think of it earlier”. Listen to this audio book and you will have part of the answer.

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The Chain Gang – Richard McCord – Audio Book

March 17, 2007

The Chain Gang – Richard McCord : “They’re closing in on me, Dick, and I’m afraid they’re going to get me,” said Frank Wood, publisher of the Green Bay News-Chronicle, in a phone call to his friend and colleague Richard McCord. Drained of cash and spirit, Wood could not hold out much longer against a devouring giant, the Gannett Company. As editor and publisher of the weekly Santa Fe Reporter, McCord had successfully fended off Gannett’s “Operation Demolition” when it moved into town. Now Wood was seeking the help of a survivor.

This dramatic story of two men’s efforts to save the small Green Bay daily from obliteration at the hands of the nation’s largest newspaper chain brings together startling case histories of the dubious tactics practiced by Gannett and unsparing insights into the newspaper industry. Their success is a metaphor for one of the oldest triumphs of the world: that of David over Goliath.

Its brilliant. And what makes me angry is that this type of “operations” are going on and on although we read so many books or articles about such raid ! Some are really unable to learn !

Who Says Elephants Can’t Dance? – Lou Gerstner – Audio Book

February 17, 2007

Who Says Elephants Can’t Dance? – Lou Gerstner : In 1990, IBM had its most profitable year ever. By 1993, the computer industry had changed so rapidly the company was on its way to losing $16 billion and IBM was on a watch list for extinction — victimized
by its own lumbering size, an insular corporate culture, and the PC era IBM had itself helped invent.

Then Lou Gerstner was brought in to run IBM. Almost everyone watching the rapid demise of this American icon presumed Gerstner had joined IBM to preside over its continued dissolution into a confederation of autonomous business units. This strategy, well underway when he arrived, would have effectively eliminated the corporation that had invented many of the industry’s most important technologies.

Who Says Elephants Can’t Dance? sums up Lou Gerstner’s historic business achievement
and give a deep view of a company which once was an industry leader and was on the verge of extinction and of its revival.

Winning – Jack Welch with Suzy Welch – Audio Book

February 14, 2007

Winning – Jack Welch with Suzy Welch : Jack Welch knows how to win. During his forty-year career at General Electric, he led the company to year-after-year success around the globe, in multiple markets, against brutal competition. His honest, be-the-best style of management became the gold standard in business, with his relentless focus on people, teamwork, and profits.

Welch’s optimistic, no excuses, get-it-done mind-set is riveting. Packed with personal
anecdotes and written in Jack’s distinctive no-b.s. voice, ‘Winning’ is a great read and
a great business book. It offers deep insights, original thinking, and nuts-and-bolts
advice that are bound to change the way people think about work.

It was a real discovery for me when I listened to this audio book, I must say it changes my way of thinking about how one should lead a company. Very nteresting.