Best Business & Investing Cheap Books Reviews

You will probably find no head-snapping revelations in this book if you have already read Marcus Buckingham and Curt Coffman’s First, Break All the Rules and/or Buckingham and Donald O. Clifton’s Now, Discover Your Strengths (especially the latter). Nor does Tom Rath claim to offer any. Rather, this is a new and upgraded edition of the Gallup organization’s previous online test (StrengthsFinder 1.0) that enables those who take it to identify and measure their talents relative to "more than 5,000 new personalized Strengths Insights that we have discovered in recent years."

In Rath’s two previously published books, How Full Is Your Bucket? co-authored with Donald O. Clifton and Vital Friends, he shares his own reactions to an abundance of research data which reveals the importance of two separate but related forces which have profound impact on the workplace: getting strengths in alignment with work to be done and then developing them even more with strategic delegation and close supervision.

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 This study was stimulated by Mr. Bill Meehan’s (head of McKinsey in San Francisco) observation that Built to Last wasn’t very helpful to companies, because the firms studied had always been great. Most companies have been good, and never great. What should these firms do?

Jim Collins and his team have done an enormous amount of interesting work to determine whether a good company can be come a great company, and how. The answer to the former question is "yes," assuming that the 11 of 1435 Fortune 500 companies did not make it there by accident. The answer to the latter is less clear. The study group identified a number of characteristics that their 11 companies had in common, which were much less frequently present in comparison companies. However, the study inexplicably fails to look at these same characteristics to see how often they succeed in the general population of companies. If these characteristics work 100 percent of the time, you really have something. If they work 5 percent of the time, then not too much is proven.

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