101 Things I Learned in Business School
by Michael W. Preis and Matthew Frederick
The study of business spans “such diverse disciplines as accounting, communications, economics, finance, leadership, management, marketing, operations… and strategy.” This book provides a thumbnail overview of variety of such topics. Here’s a sample of ten items covered in the book.
Micromanagement. “Telling others exactly how to do their work takes away their initiative, but giving them freedom to shape their own work allows them to become creative and to grow personally invested in the endeavor.” Managers should define the needed result on two levels: the general values (e.g. “make sure the product is fun to use”) and the specific requirements (e.g. “the product must weigh less than 13 ounces, it can’t be orange, the power switch has to be on the right, and all design work must be completed within exactly three months.”). Continue reading