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Eclectic Reading List
              If ever a field of study was both science and art, marketing seems to
               fit the bill. Which may be why Nader Tavassoli has a keen interest in
                  diverse subjects: branding, consumer cognition, communication
             effectiveness, consumer behaviour across cultures and several others.
              What keeps his mind open to a constant flow of new possibilities? As
                you’ll see by his suggested top ten list of books to read, Tavassoli
                       believes strongly in delving into the arts and sciences

© Copyright 2012 London Business School
Joint 01 On the Origin of Species
Charles Darwin
Writing in a style unheard of in his time, Darwin elucidated his theories of
evolution succinctly and in the common tongue. Reading through the book, I was
struck by Darwin’s incredible power of observation. Yet the book is more than a
diary of discovery; his writing on science is matched by his powerful and clear
arguments. This is a case study in how to market one’s ideas, though the author
created this over a century and a half ago.

(416 pages, Wordsworth Editions Ltd, 1998)




BUSINESS STRATEGY REVIEW                                                          1
Joint 01 The Spirit of Laws
Charles de Secondat, Baron de Montesquieu
The thoughts of Montesquieu have been said to rival those of Locke and Hobbes,
yet are rarely referenced. Montesquieu helped advance the thinking of the 18th
century ‘Age of Enlightenment’, and this work is considered a central text to his
age and way of thinking. Its tenets outline constitutionalism and what, ultimately,
the roles of laws must be in order to be successful and protect civil liberties. The
founding fathers of the United States believed in the power of Montesquieu’s
thoughts; many would argue this book is just as applicable today.

(700 pages, Prometheus Books, 2002)



BUSINESS STRATEGY REVIEW                                                               2
02 The Essential Drucker:
The Best of Sixty Years of Peter Drucker’s Essential Writings on
Management
Peter F. Drucker
Though authors of other business books may disagree, many readers feel that all management
books are derived from the seminal works of Peter Drucker. Laying the groundwork for 20th
century (and beyond) thinkers and leaders, Drucker expounds on what the focus of a
manager’s work should be, how to create a successful practice and methods to tackle the
most challenging of business problems. As relevant today as it was in past decades, this book’s
encapsulation of Drucker’s major thoughts will fuel executives for many years to come.

(368 pages, Harper Business, 2008)


     BUSINESS STRATEGY REVIEW                                                              3
03 Ogilvy on Advertising
David Ogilvy
Ogilvy had strong ideas about being a businessman in the marketing field. His
ideas were proven to be exceedingly successful, as he went on to create one of
the world’s largest advertising companies after starting with an extremely small
staff. Anyone with an interest in advertising, whether personal or professional,
should read this insider’s guide to the world of selling a product. With an
engaging writing style and numerous examples of advertisements, this book will
pull you in until the very end while slyly teaching you invaluable business lessons.

(224 pages, Prion Books Ltd, 2007)



BUSINESS STRATEGY REVIEW                                                               4
04 The Visual Display of
Quantitative Information
Edward R. Tufte
A pioneer in the field of data visualisation, Tufte, a retired Yale professor, provides
details on how to present data in a compelling and meaningful way. In this age of
multiple media formats and numbers at every turn, Tufte’s teachings on how to best
graphically represent ideas are invaluable. Through the removal of gratuitous
graphics, one’s message can become stronger, more compelling and more successful.
Packed with superb illustrations that complement his writing, this book shows anyone
who needs to present data in a visual format how to create an efficient design.

(200 pages, Graphics Press USA, 2nd edition, 2001)



  BUSINESS STRATEGY REVIEW                                                                5
05 The Dilbert Principle
  Scott Adams
  Drawing upon his own experience (as well as lessons from readers who sent in
  their own stories), Adams provides an insightful look at the effectiveness of (or
  obstacles to) modern business practices. Leveraging the power of humour as a
  teaching tool, this book can provide a laugh as well as instil methods on how to
  run an office both efficiently and gently. By learning what not to do in business,
  professionals can sidestep the hurdles that keep so many managers from
  improving. Text interspersed with classic Dilbert cartoons provides a pithy
  understanding of the practices of modern corporations.

  (352 pages, Boxtree Ltd, 2000)



BUSINESS STRATEGY REVIEW                                                               6
06 The Fortune at the Bottom of the
Pyramid:
Eradicating Poverty Through Profits
C.K. Prahalad
The author’s goal is to create and explain new business models that can, and must, address the cultural
and economic problems facing 80 per cent of the world’s population — those who live with incredibly
limited means. Citing the fact that four billion people live on $2 a day, he argues that this ‘bottom of the
pyramid’ group is a newly challenging market for the business world. He argues that it is also one in
which people on every level must be involved. Providing a framework for private sector involvement,
numerous case studies of principles in action and principles for innovation in such markets, Prahalad
makes a compelling case that poverty can be eradicated but that it cannot happen without
multinational company involvement. This book illustrates new business models that make a difference.
(432 pages, Prentice Hall, 2009)

       BUSINESS STRATEGY REVIEW                                                                       7
07 Uncommon Practice:
People Who Deliver a Great Brand Experience
[edited by] Shaun Smith and Andy Milligan
This book goes straight to the heart of modern businesses, seeking to explain
what makes them great — fantastic customer experience and commitment.
Following 19 successful businesses (many of which are now common names
such as Amazon), the authors rely on stories straight from the companies’
executives rather than using an objective reporting style. Quotable and rich with
examples on how best to pay attention to your customers, Uncommon Practice
can help you pay more attention to the people who actually create your company
— the consumers.

(192 pages, Financial Times/ Prentice Hall, 2002)


BUSINESS STRATEGY REVIEW                                                            8
08 Eating the Big Fish:
How Challenger Brands Can Compete Against Brand Leaders
Adam Morgan
If you find your company in a second- or third-place position in your market, it’s
tempting to copy what the leaders are doing. This book asserts that this strategy
will sink, rather than raise, you. Examining 40 ‘challenger-brands’ (or what
Morgan calls ‘second-raters’), Eating the Big Fish will help your company morph
its position into a more fruitful one. The book includes plentiful examples of
marketing strategies employed by second-raters that will help fuel your
company’s innovation, flexibility and alternative strategies. With this book in your
arsenal, constructing a path to the top has never been easier.

(368 pages, John Wiley & Sons, 2009)


BUSINESS STRATEGY REVIEW                                                               9
09 The Long Tail:
How Endless Choice is Creating Unlimited Demand
Chris Anderson
Initially, Anderson wrote an essay for Wired magazine on how the Internet is
transforming modern business — how a company’s success is no longer built on
high-volume sales of a few items but rather on multiple lower-volume sales of
numerous products. Following the essay’s huge success, The Long Tail was born.
The author asserts that today’s markets are flooded with abundance and that the
companies to bet on are the ones that embrace this fact. Filled with marketing
advice, dot-com business models, economic philosophy and more, this book
could change the way you approach selling your products.

(256 pages, Random House Business Books, 2007)


BUSINESS STRATEGY REVIEW                                                          10
10 Influence:
  The Psychology of Persuasion
  Robert B. Cialdini
  One need look no further for a guide to consumer behaviour and the psychology
  of persuasion than this book. Rather than delivering only persuasive techniques,
  Influence also combines them with the ethics and morals of persuasive sales.
  Additionally, Cialdini includes the information he gleaned from a three-year study
  (in both the private and public sectors) on what motivates people to change their
  behaviours. Utilising the ‘six principles of influence and persuasion’, readers are
  guided on how to modify their unconscious thoughts to become better buyers
  and sellers in today’s competitive world.

  (336 pages, Harper Business, revised edition, 2007)

BUSINESS STRATEGY REVIEW                                                                11
This report was part of Business Strategy Review,
    Volume 23 Issue 1 - 2012

    Visit the website www.london.edu/bsr




BUSINESS STRATEGY REVIEW                                12

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Eclectic Reading List by Professor Nader Tavassoli – London Business School BSR

  • 1. Eclectic Reading List If ever a field of study was both science and art, marketing seems to fit the bill. Which may be why Nader Tavassoli has a keen interest in diverse subjects: branding, consumer cognition, communication effectiveness, consumer behaviour across cultures and several others. What keeps his mind open to a constant flow of new possibilities? As you’ll see by his suggested top ten list of books to read, Tavassoli believes strongly in delving into the arts and sciences © Copyright 2012 London Business School
  • 2. Joint 01 On the Origin of Species Charles Darwin Writing in a style unheard of in his time, Darwin elucidated his theories of evolution succinctly and in the common tongue. Reading through the book, I was struck by Darwin’s incredible power of observation. Yet the book is more than a diary of discovery; his writing on science is matched by his powerful and clear arguments. This is a case study in how to market one’s ideas, though the author created this over a century and a half ago. (416 pages, Wordsworth Editions Ltd, 1998) BUSINESS STRATEGY REVIEW 1
  • 3. Joint 01 The Spirit of Laws Charles de Secondat, Baron de Montesquieu The thoughts of Montesquieu have been said to rival those of Locke and Hobbes, yet are rarely referenced. Montesquieu helped advance the thinking of the 18th century ‘Age of Enlightenment’, and this work is considered a central text to his age and way of thinking. Its tenets outline constitutionalism and what, ultimately, the roles of laws must be in order to be successful and protect civil liberties. The founding fathers of the United States believed in the power of Montesquieu’s thoughts; many would argue this book is just as applicable today. (700 pages, Prometheus Books, 2002) BUSINESS STRATEGY REVIEW 2
  • 4. 02 The Essential Drucker: The Best of Sixty Years of Peter Drucker’s Essential Writings on Management Peter F. Drucker Though authors of other business books may disagree, many readers feel that all management books are derived from the seminal works of Peter Drucker. Laying the groundwork for 20th century (and beyond) thinkers and leaders, Drucker expounds on what the focus of a manager’s work should be, how to create a successful practice and methods to tackle the most challenging of business problems. As relevant today as it was in past decades, this book’s encapsulation of Drucker’s major thoughts will fuel executives for many years to come. (368 pages, Harper Business, 2008) BUSINESS STRATEGY REVIEW 3
  • 5. 03 Ogilvy on Advertising David Ogilvy Ogilvy had strong ideas about being a businessman in the marketing field. His ideas were proven to be exceedingly successful, as he went on to create one of the world’s largest advertising companies after starting with an extremely small staff. Anyone with an interest in advertising, whether personal or professional, should read this insider’s guide to the world of selling a product. With an engaging writing style and numerous examples of advertisements, this book will pull you in until the very end while slyly teaching you invaluable business lessons. (224 pages, Prion Books Ltd, 2007) BUSINESS STRATEGY REVIEW 4
  • 6. 04 The Visual Display of Quantitative Information Edward R. Tufte A pioneer in the field of data visualisation, Tufte, a retired Yale professor, provides details on how to present data in a compelling and meaningful way. In this age of multiple media formats and numbers at every turn, Tufte’s teachings on how to best graphically represent ideas are invaluable. Through the removal of gratuitous graphics, one’s message can become stronger, more compelling and more successful. Packed with superb illustrations that complement his writing, this book shows anyone who needs to present data in a visual format how to create an efficient design. (200 pages, Graphics Press USA, 2nd edition, 2001) BUSINESS STRATEGY REVIEW 5
  • 7. 05 The Dilbert Principle Scott Adams Drawing upon his own experience (as well as lessons from readers who sent in their own stories), Adams provides an insightful look at the effectiveness of (or obstacles to) modern business practices. Leveraging the power of humour as a teaching tool, this book can provide a laugh as well as instil methods on how to run an office both efficiently and gently. By learning what not to do in business, professionals can sidestep the hurdles that keep so many managers from improving. Text interspersed with classic Dilbert cartoons provides a pithy understanding of the practices of modern corporations. (352 pages, Boxtree Ltd, 2000) BUSINESS STRATEGY REVIEW 6
  • 8. 06 The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits C.K. Prahalad The author’s goal is to create and explain new business models that can, and must, address the cultural and economic problems facing 80 per cent of the world’s population — those who live with incredibly limited means. Citing the fact that four billion people live on $2 a day, he argues that this ‘bottom of the pyramid’ group is a newly challenging market for the business world. He argues that it is also one in which people on every level must be involved. Providing a framework for private sector involvement, numerous case studies of principles in action and principles for innovation in such markets, Prahalad makes a compelling case that poverty can be eradicated but that it cannot happen without multinational company involvement. This book illustrates new business models that make a difference. (432 pages, Prentice Hall, 2009) BUSINESS STRATEGY REVIEW 7
  • 9. 07 Uncommon Practice: People Who Deliver a Great Brand Experience [edited by] Shaun Smith and Andy Milligan This book goes straight to the heart of modern businesses, seeking to explain what makes them great — fantastic customer experience and commitment. Following 19 successful businesses (many of which are now common names such as Amazon), the authors rely on stories straight from the companies’ executives rather than using an objective reporting style. Quotable and rich with examples on how best to pay attention to your customers, Uncommon Practice can help you pay more attention to the people who actually create your company — the consumers. (192 pages, Financial Times/ Prentice Hall, 2002) BUSINESS STRATEGY REVIEW 8
  • 10. 08 Eating the Big Fish: How Challenger Brands Can Compete Against Brand Leaders Adam Morgan If you find your company in a second- or third-place position in your market, it’s tempting to copy what the leaders are doing. This book asserts that this strategy will sink, rather than raise, you. Examining 40 ‘challenger-brands’ (or what Morgan calls ‘second-raters’), Eating the Big Fish will help your company morph its position into a more fruitful one. The book includes plentiful examples of marketing strategies employed by second-raters that will help fuel your company’s innovation, flexibility and alternative strategies. With this book in your arsenal, constructing a path to the top has never been easier. (368 pages, John Wiley & Sons, 2009) BUSINESS STRATEGY REVIEW 9
  • 11. 09 The Long Tail: How Endless Choice is Creating Unlimited Demand Chris Anderson Initially, Anderson wrote an essay for Wired magazine on how the Internet is transforming modern business — how a company’s success is no longer built on high-volume sales of a few items but rather on multiple lower-volume sales of numerous products. Following the essay’s huge success, The Long Tail was born. The author asserts that today’s markets are flooded with abundance and that the companies to bet on are the ones that embrace this fact. Filled with marketing advice, dot-com business models, economic philosophy and more, this book could change the way you approach selling your products. (256 pages, Random House Business Books, 2007) BUSINESS STRATEGY REVIEW 10
  • 12. 10 Influence: The Psychology of Persuasion Robert B. Cialdini One need look no further for a guide to consumer behaviour and the psychology of persuasion than this book. Rather than delivering only persuasive techniques, Influence also combines them with the ethics and morals of persuasive sales. Additionally, Cialdini includes the information he gleaned from a three-year study (in both the private and public sectors) on what motivates people to change their behaviours. Utilising the ‘six principles of influence and persuasion’, readers are guided on how to modify their unconscious thoughts to become better buyers and sellers in today’s competitive world. (336 pages, Harper Business, revised edition, 2007) BUSINESS STRATEGY REVIEW 11
  • 13. This report was part of Business Strategy Review, Volume 23 Issue 1 - 2012 Visit the website www.london.edu/bsr BUSINESS STRATEGY REVIEW 12