Good Reading -- March 2017
Philip C. Ordway
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Facts and Figures
CEO Pay Is Out of Control. Here's How to Rein It In -- And to think Roger Lowenstein wrote this before it came to light that Marissa Mayer was going to make $186 million dollars from the sale of Yahoo...
Robert Cialdini on How Persuasion Works in Business and Politics (transcript) -- Some very interesting thoughts from the author of "Influence" and "Pre-Suasion" in this interview with Alphachat.
Dyson Is the Apple of Appliances (and Just as Secretive) -- An interesting short NYT ($) profile of Dyson and its £2.5 billion in sales, 25% pre-tax margins, massive R&D budget, and unique culture.
David Rockefeller profile by Fortune's Carol Loomis -- After the recent news of David Rockefeller's passing, Fortune reposted this July 1977 profile written by the great Carol Loomis.
Money Stuff -- I don't think I've mentioned this before, but I should have because . Matt Levine's daily column is brilliant. It's been around a few years already and I read it (almost) every day. Good journalism isn't dead, it's just rare -- here you can find good, insightful writing with plenty of humor too.
"You're Too Busy. You Need a 'Schultz Hour.'" -- ($) Good food for thought:
When George Shultz was secretary of state in the 1980s, he liked to carve out one hour each week for quiet reflection. He sat down in his office with a pad of paper and pen, closed the door and told his secretary to interrupt him only if one of two people called: “My wife or the president,” Shultz recalled. Shultz, who’s now 96, told me that his hour of solitude was the only way he could find time to think about the strategic aspects of his job. Otherwise, he would be constantly pulled into moment-to-moment tactical issues, never able to focus on larger questions of the national interest. And the only way to do great work, in any field, is to find time to consider the larger questions.The psychologist Amos Tversky had his own version of this point. “The secret to doing good research is always to be a little underemployed,” Tversky said (as Michael Lewis describes in his latest book). “You waste years by not being able to waste hours.”
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