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101 Things I Learned in Business School, by Michael W. Preis
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101 THINGS I LEARNED� IN BUSINESS SCHOOL will cover a wide range of lessons that are basic enough for the novice business student as well as inspiring to the experienced practitioner.
The unique packaging of this book will attract people of all ages who have always wondered whether business school would be a smart career choice for them. Judging by the growing number of people taking the GMATs (the entrance exam for business school) each year, clearly more people than ever are thinking about heading in this direction.
Subjects include accounting, finance, marketing, management, leadership, human relations, and much more - in short, everything one would expect to encounter in business school.
Illustrated in the same fun, gift book format as 101 THINGS I LEARNED� IN ARCHITECTURE SCHOOL, this will be the perfect gift for a recent college or high school grad, or even for someone already well-versed in the business world.
- Sales Rank: #87980 in Books
- Published on: 2010-05-20
- Original language: English
- Number of items: 1
- Dimensions: 7.25" h x 1.00" w x 5.25" l, .90 pounds
- Binding: Hardcover
- 212 pages
About the Author
MICHAEL PREIS has served as an executive for several companies, consulted to numerous businesses and designed a successful consumer product. He currently teaches marketing at the University of Illinois. He holds a Ph.D in Business from The George Washington University and an MBA from Harvard. His expertise includes sales performance, industrial marketing, retail dynamics, and organizational strategy. His research has been published in numerous journals.
Most helpful customer reviews
9 of 10 people found the following review helpful.
Basic and fundamental, yes, but surprisingly thought-provoking and informative
By Robert Morris
What we have in this easy-to-dismiss book (because of its cutesy title and unorthodox shape) is a collection of remarkably interesting, in some instances valuable insights or explanations provided by the co-authors, Michael W. Preis and Matthew Frederick, who presumably learned more than 101 "things" (a useless word when you think about it) within and beyond a business school community. Preis and Frederick stick to business basics with this approach: following an assertion ("X is...." or "Y is not necessarily...."), they provide a brief but insightful delineation that corrects or modifies a misconception. For example:
"Not all capital is economic." (#5)
"A mission or vision statement that is impossible to disagree with might not be saying much of significance." (#15)
"Cannibalize your own sales." (#27)
"Profitable, fast growing companies can be chronically short of cash." (#38)
"Promoting the best performer to manager is often a mistake." (#67)
"Sacrifice the trivial few for the vital many." (#77)
"Obsolete does not always mean useless." (#81)
After each of these and the other 94 "things," Preis and Frederick offer a brief explanation of the given assertion's significance. None offers a head-snapping revelation but together, throughout the sequence in which they are presented, the "nuggets" provide a thought-provoking and informative briefing on key business concepts, issues, and concerns.
I urge those who share my high regard for this book to check out these, listed in alpha order:
The Future of Management
Gary Hamel
Hard Facts, Dangerous Half-Truths and Total Nonsense: Profiting From Evidence-Based Management
Jeffrey Pfeffer and Robert I. Sutton
Mastering the Rockefeller Habits: What You Must Do to Increase the Value of Your Growing Firm
Verne Harnish
Reality Check: The Irreverent Guide to Outsmarting, Outmanaging, and Outmarketing Your Competition
Guy Kawasaki
Rework
Jason Fried and David Heinemeier Hansson
Think Big, Act Small: How America's Best Performing Companies Keep the Start-up Spirit Alive
Jason Jennings
3 of 4 people found the following review helpful.
Unique and Memorable statements in book
By Omar
I perused this book in a Barnes & Noble. I read up to the 70th point. I don't have time for a full on review but I just wanted to inform potential readers that it is in fact an excellent resource especially for people who are into business and entrepreneurs.
I was worried that too many statements would've been too plain or general, albeit some were, most were very interesting things to note.
I'm going to look up on my iPad if there's an ebook version.
Great read
2 of 3 people found the following review helpful.
Business 101 and much more
By Daniel Estes
This book is an excellent primer if you, like me, wished you had taken a Business 101 course but never got around to it. It is part conventional wisdom and part how to adapt to an ever-changing world.
Right from the start, the most startling realization is that the term "business" is simply a collection of many interconnected subjects such as accounting, marketing, finance, organizational behavior, etc.
Some of my favorite bits of wisdom include: There's a trolley every 15 minutes. (i.e. It's better to wait for a good business opportunity than to invest your time and money in a bad one out of fear.) People buy copy machines because they need copies, not because they want a copy machine. (i.e. People buy things to solve problems so sales should primarily address the problem and not the product.) Hire your own boss. (i.e. Being good at a particular task rarely means you'd be good at managing a group performing the same task.)
The best advice is probably "If you want to be a good leader, you must be a good reader." This statement attests to the ever-important skill of adaptability and ongoing education.
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