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Understanding Business
Understanding Business
Sep 20, 2024 10:42 PM

Author:Phil Dowell

Understanding Business

This book has grown out of the ideas, discriptions and examples which the author has developed and refined over fifteen years of delievering courses about business. to students at London Business School and to managers in his capacity as management consultant, its aim is to give a practical understanding of aspects of business which are often seen as `difficult' such as cash flow forecasting. Many of the vivid examples included are from small businesses because of their more accessible concepts, acahapters deal with a separate topic and may be read in any order. Although businessesset great store by trying to be different from competitors, it is the author`s thesis that in the final analysis the same essential activities are to be found over and over again. This book explains what is involved in thee essential activities. `A business must sell things, repeatedly, over time, for more money than it spends in so doing. Otherwise, it ceases to be a business. There are no exceptions.

Reviews

The latest in a spate of books provoked by the world economic crisis and one of the best

—— Guardian

The economic critique stands on its own merits

—— The Times

Scholarly, original, independent, rigorous, enlightened and enlightening...Sachs goes so far to restore one's wavering faith in the informing inspiration of the post-1945 new dawn, faith in economics... and faith in humanity

—— Spectator

Khoi Tu is the most visionary among visionaries

—— Management Today

Products, companies and organisations that are brilliant, fun and deliver on their promise often look super-simple to the outside world, but the detail and speed happening behind the scenes is frightening. To achieve this, let alone keep it going, requires the right team and leadership, good, solid relationships, plus a little bit of magic. For me this is what this book is all about - it shows what people can do in different scenarios, especially when the going gets tough and there's a goal to be achieved. Nice one Khoi

—— Jamie Oliver

What Money Can't Buy selected by the Guardian as a literary highlight for 2012

—— Guardian

America's best-known contemporary political philosopher ... the most famous professor in the world right now... the man is an academic rock star [but] instead of making it all serious and formidable, Sandel makes it light and easy to grasp

—— Mitu Jayashankar , Forbes India

An exquisitely reasoned, skillfully written treatise on big issues of everyday life

—— Kirkus Reviews

Sandel is probably the world's most relevant living philosopher

—— Michael Fitzgerald , Newsweek

Mr Sandel is pointing out [a] quite profound change in society

—— Jonathan V Last , Wall Street Journal

Provocative and intellectually suggestive ... amply researched and presented with exemplary clarity, [it] is weighty indeed - little less than a wake-up call to recognise our desperate need to rediscover some intelligible way of talking about humanity

—— Rowan Williams , Prospect

Brilliant, easily readable, beautifully delivered and often funny ... an indispensable book

—— David Aaronovitch , Times

Entertaining and provocative

—— Diane Coyle , Independent

Poring through Harvard philosopher Michael Sandel's new book ... I found myself over and over again turning pages and saying, "I had no idea." I had no idea that in the year 2000 ... "a Russian rocket emblazoned with a giant Pizza Hut logo carried advertising into outer space," or that in 2001, the British novelist Fay Weldon wrote a book commissioned by the jewelry company Bulgari ... I knew that stadiums are now named for corporations, but had no idea that now "even sliding into home is a corporate-sponsored event" ... I had no idea that in 2001 an elementary school in New Jersey became America's first public school "to sell naming rights to a corporate sponsor"

—— Thomas Friedman , New York Times

A vivid illustration ... Let's hope that What Money Can't Buy, by being so patient and so accumulative in its argument and its examples, marks a permanent shift in these debates

—— John Lanchester , Guardian

In a culture mesmerised by the market, Sandel's is the indispensable voice of reason ... if we ... bring basic values into political life in the way that Sandel suggests, at least we won't be stuck with the dreary market orthodoxies that he has so elegantly demolished

—— John Gray , New Statesman

What Money Can't Buy is replete with examples of what money can, in fact, buy ... Sandel has a genius for showing why such changes are deeply important

—— Martin Sandbu , Financial Times

Michael Sandel ... is currently the most effective communicator of ideas in English

—— Guardian

Sandel, the most famous teacher of philosophy in the world, has shown that it is possible to take philosophy into the public square without insulting the public's intelligence

—— Michael Ignatieff , New Republic

A book that can persuade people that the rules of the economy don't just reflect our values, they help to determine them

—— Ed Miliband , New Statesman

Fascinating exploration of the alarming encroachment of market philosophy on so many aspects of our lives

—— Alexander McCall Smith , The Herald
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