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The following is a review by a Cydcor team member of 'Money: Master of the Game: Seven Simple Steps to Financial Freedom' by Tony Robbins for Cydcor Reviews!
About Money: Master of the Game: Legendary motivational coach Tony Robbins authors MONEY: Master The Game: Seven Simple Steps to Financial Freedom. This is Robbins’ first book in twenty years, and now he looks to delve into the topic that vexes many: how to secure financial freedom for our families and ourselves.
The book is based on extensive research and on-on-one interviews with more than fifty of the top financial experts in the world—from Warren Buffet and Carl Icahn, to Ray Dalio and even Steve Forbes—Robbins has created a simple seven-step blueprint that anyone can use for financial freedom.
Why Cydcor recommends this book to future leaders: Robbins’ book is useful for readers of every socioeconomic status and provides thorough steps to becoming financially free. Robbins advises readers to create a complete lifetime plan using regular income and savings. His book delivers practical and invaluable information and essential practices for getting your financial situation in order.
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Our favorite part: Robbins’ long interview with Carl Icahn, notoriously known for giving sparse and short quotes, is especially inspiring. Icahn, an activist investor, is also one of the few power brokers on Wall Street who looks to take control of poorly operating companies and make those in management accountable for the company’s health as a whole. As a result, he aids businesses by making them more efficient. By reading his interview, you will understand why it’s important to follow the moves this man makes to create a healthy, inspiring company.
Here's Cydcor's review of 'Thinking, Fast and Slow' by Daniel Kahneman!
About Thinking, Fast and Slow: Thinking, Fast and Slow is written by Daniel Kahneman, a renowned psychologist and winner of the Noble Prize in Economics. This book is also the winner of the National Academy of Science Best Book Award in 2012. Kahneman takes us through a tour of the mind and explain the two systems that drive the way we think. He explains the profound effect of cognitive biases on everything from playing the stock market to planning our next vacation—each of these can be understood only by knowing how our minds shape our judgments and decisions.
Why Cydcor recommends this book to future leaders: Thinking, Fast and Slow takes the reader on a very gentle tour during which he or she will see the pitfalls of inner workings of the mind. Kahneman's text is a very fluent page-turner, and without diving into deep and obscure details of academic journals, it gives a very good overview of one of the most important and radical research programs of the 20th century.
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Our favorite part: Kahneman introduces two mental systems: one is fast and the other slow. Together, they shape our impressions of the world around us and help us make choices. System 1 is largely unconscious and it makes snap judgments based upon our memory of similar events and our emotions. System 2 is painfully slow, and is the process by which we consciously check the facts and think carefully and rationally.
About Zero to One: In this #1 New York Times bestseller, Peter Thiel speaks of the great secret of our time: that there are still uncharted frontiers to explore and new inventions to create. In Zero to One, Thiel shows readers how they can find singular ways to create those new things.
Thiel begins with the contrarian premise that we live in an age of technological stagnation, even if we’re too distracted by television, computers and mobile devices to notice. Information technology has improved rapidly, but there is no reason why progress should be limited to computers or Silicon Valley. Progress can be achieved in any industry or area of business. It comes from the most important skill that every leader must master: learning to think for yourself.
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Why Cydcor recommends it to future leaders: At its core, Zero to One is a refreshing intellectual exploration into motives behind entrepreneurship. It makes the reader ask the hard questions, which if one wishes to be in business or become an entrepreneur, are critical for being honest and prepared for the industry.
Our favorite part: Thiel suggests that the entrepreneurs who stuck with Silicon Valley learned four big lessons from the dot-com crash that still guide business thinking today:
1. Make incremental advances.
2. Stay lean and flexible.
3. Improve on the competition.
4. Focus on products, not sales.
"These lessons have become dogma in the start-up world; those who ignore them are presumed to invite the justified doom visited upon technology in the great crash of 2000. And yet the opposite principles are probably more correct."
Here's Cydcor's review of 'The Power of Habit: Why We Do What We Do in Life and Business' by Charles Duhigg:
About The Power of Habit: Written by Pulitzer Prize-winning business reporter Charles Duhigg, The Power of Habit explores the scientific discoveries that explain how and why habits exist—and more importantly, how they can be changed.
Duhigg takes the reader through engrossing narratives that travel from the boardrooms of Procter & Gamble to the sidelines of the NFL and even to the frontlines of the Civil Rights Moment.
At its core, it contains a single argument: The key to who we are, from our successes, failures and productivity, comes down to habits and understanding how they work.
Why Cydcor recommends this book to future leaders: Duhigg explains how habits operate in the brain, how companies use them, and even how retailers and businesses use their understanding of human habits to their advantage as a business model to drive sales and profits. For future leaders, understanding this concept is critical to success.
Our favorite part: Market researchers will certainly love this book, as Duhigg explains the habits of consumers and gives predictive models. The stories on how Target and Febreeze have used habits is especially engaging. These tales of corporate manipulation are among Duhigg's most persuasive.
Not only does he explain how to create habits for yourself, but he also explains how one could potentially capitalize on them in the business world.
Cydcor Reviews has recently reviewed Lean In: Women, Work And the Will to Lead By Sheryl Sandberg With Nell Scovell:
About Lean In: Author Sheryl Sandberg is the chief operating officer of Facebook and is ranked on Fortune’s list of the 50 Most Power Women in Business. She was also recognized as one of Time’s 100 Most Influential People in the World—no small task. It’s safe to say, Sandberg knows the world of business, and offers a unique perspective for women to relate to.
Through personal anecdotes, hard data and compelling research, Sandberg digs deep into women’s roles in business and leadership positions. She discusses her own decisions, mistakes and daily struggles to make the right choices regarding her career, her family and for herself.
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Why Cydcor recommends this book for future leaders: Sandberg gives practical advice on negotiation techniques, mentorship and how to build a satisfying career. While mainly focused on her own perspective as a woman lending advice to other women, it’s hard not to find pieces of her wisdom that men wouldn’t be able to take away.
Written with humor and inspiring calls to actions, Sandberg describes specific steps women can take to combine professional achievement with personal fulfillment, and also describes how men can benefit as well by supporting women in both the workplace and home-life.
Our favorite part: Sandberg is perhaps best known outside of the business realm for her compelling TEDTalk, which she described how women unintentionally hold themselves back in their careers. Her talk has been viewed on YouTube more than a million times and her speech contains core elements of her book. Lean In is designed to change the conversation from what women can’t do to what they can.
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Thank you visiting Cydcor Reviews. Here is Cydcor's Review of The Truth About Leadership by James Kouzes and Barry Posner:
About The Truth About Leadership: Kouzes and Posner have written an engaging and personal book, which reveals ten time-tested truths that show what very leader must know. They explain the questions leaders must be prepared to answer and the real-world issues they will likely face.
The authors base their book on thirty years of research, over one million responses to their leadership assessment, and the question people most want leaders to answer. Drawing from cases spanning over thirty years of leaders from around the world, this book can aid in leaders how to do the real and necessary work needed to bring about essential changes in organizations and communities.
Why Cydcor recommends this book to future leaders: As the title details, this is a book written specifically for leaders. Kouzes and Posner have written an excellent book in a casual voice that explores examples of several different industries to make their book accessible to leaders from all generations, and from all levels of experience and industries.
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Our favorite part: The authors provide what they characterize as “The Five Practices of Exemplary Leadership.” They identify and examine these simple truths about great leadership that have endured throughout human history.
The authors then go on to introduce the “ten truths”:
1- You make a difference.
2- Credibility is the foundation of leadership.
3- Values drive commitment.
4- Focusing on the future sets leaders apart.
5- You can't do it alone.
6- Trust the rules.
7- Challenge is the crucible for greatness.
8- You either lead by example or you don't lead at all.
9- The best leaders are the best learners.
10- Leadership is an affair of the heart.
What sets this book apart from the rest is instead of just introducing broad concepts, the authors provide research to back up and showcase each truth in a concise and direct manner. It is a must-read for anyone pursuing a more active leadership role.
Here is Cydcor's review of Talent is Overrated: What Really Separates World-Class Performers from Everybody Else by Geoff Colvin.
About Talent is Overrated: Talent is Overrated looks to explain the how and why people truly excel in the professional landscape. Oftentimes people attribute success to one (or both) of two key reasons: hard work or innate talent. Author Geoff Colvin is a distinguished journalist, and he looks to toss away these two black-and-white camps, detailing how “deliberate practice” is what makes one successful, whether it’s as a pianist or a stockbroker.
Talent is Overrated compiles scientific research, illustrating how to apply this principal and how one can achieve world-class greatness through deliberate practice.
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Why Cydcor recommends this book to future leaders: Many of us can feel discouraged when comparing ourselves to others, who we view as more talented than we feel we are. Colvin sets out to answer the question, “What does great performance require?” Colvin shares several insights generated by hundreds of research studies and draws the conclusion that everyone has the ability to be a super-achiever in a given field because they apply themselves and practice.
Colvin writes, "The factor that seems to explain the most about great performance is something the researchers call deliberate practice." The concept of "deliberate practice"--which is a little bit more rigorous and demanding than what might be thought of as "practice" in the more general sense--is explained with much detail in the book.
Our favorite part: One of the fundamental questions Colvin asks us to ask ourselves is this: What do I really, deeply want? This question is crucial, as deliberate practice requires a substantial investment. Colvin suggests that deliberate practice contains the following components:
Everyone who has achieved exceptional performance has faced tremendous challenges. There are no exceptions. Top performers make knowledge a direct objective and set goals to be an expert in their chosen field. Colvin suggests the 10-year rule: 10 years of consistent, deliberate effort is required to be outstanding in your field.
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Here is Cydcor's review of The Manager’s Bookshelf : A Mosaic of Contemporary Views by Jon L Pierce and John W Newstrom.
About The Manager’s Bookshelf: This book is aimed towards undergraduate and graduate university students who are majoring in Management or Business. However, it also provides a practical guide to current and aspiring industry professionals outside of a college setting.
The Manager’s Bookshelf is a collection of objective summaries from a broad sampling of bestselling books. Described in the title as “A Mosaic of Contemporary Views,” this book presents readers with a collage of information to improve knowledge of management practices from various sides of business industries. It introduces philosophies, views and experiences from several authors and is compelling read for today’s management community.
Why Cydcor recommends this book to future leaders: This book has had multiple editions, so it has had many revisions to keep it as contemporary as possible. For any aspiring leader, reading the thoughts and ideas of multiple managers and authors shows different styles of high-performing organizations, goals, motivation, empowerment and participation. There is a heavy focus on the value of team members as well as teamwork and managing diversity in the workplace.
These are all “must-knows” for any leader, and serve as great ways to introduce basic concepts in an interesting, multi-viewed angle.
Our favorite part: The fact that the book is compiled using the thoughts and opinions of multiple individuals makes this a great read, and the concept as a whole is our favorite part. It contains a rich array of pieces with a focus on ethics, global perspectives and organizational culture. Reading advice on multiple business aspects from a variety of people is very insightful and will help you determine which approach works best for you.
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Here is Cydcor's review of Capital in the Twenty-First Century by Thomas Piketty.
About Capital in the Twenty-First Century:
Thomas Piketty is a French economist who shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities. Piketty is arguably the world’s leading expert on income and wealth inequality, and does more than document the growing concentration of income in the hands of a small economic elite. He makes a powerful case that we’re on our way back to “patrimonial capitalism,” in which the commanding heights of the economy are dominated by inherited wealth.
Why Cydcor recommends Capital in the Twenty-First Century to future leaders:
This book is a beast; it’s just over seven hundred pages and has seventy-seven pages dedicated just to endnotes. But despite its length, the book is engaging and, at the moment, Piketty is currently the most talked about economist in the world. His book spans across nations as he analyzes tax records and data from the United States, France, Germany and Japan, among others.
Financial Times and McKinsey have named Capital in the Twenty-First Century their business book of the year. Strategy+Business magazine also named Piketty’s book as one of the best books of 2014. It is backed by remarkably detailed data and analysis, and his historical proofs and economic analysis make a fantastic book, and is a must-read for any business leader to truly understand present-day economics.
Our favorite part:
The most admirable part of Piketty’s book is how he takes tremendously complex data and simplifies it in a way that the layman can understand. Piketty's book is commendable both in its content and its attitude. Its content is straightforward. It is a bold analysis of a tremendous effort by Piketty and other scholars to collect data on income distribution and capital accumulation and distribution over many years and many countries. Whatever one thinks of the analysis, this data collection effort is an important contribution to our knowledge about our modern economy and its history.
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Here is Cydcor's review of Start with Why by Simon Sinek
About Start with Why: Author Simon Sinek studied leaders all over the word, researching how they thought, worked and communicated. With this information, he wanted to determine how these leaders were alike and different. Drawing upon a wide range of real-life stories, Sinek weaves together a clear vision of what it truly takes to lead and inspire, using such examples as Steve Jobs, Martin Luther King Jr., and the Wright Brothers.
Why Cydcor recommends Start with Why for future leaders: Simon Sinek's Start With Why is a must read for any entrepreneur or leader struggling to create a long-term vision and guiding principles for their company or cause. Sinek’s book helps provide inspiration that one needs to get started in the right direction. He teaches important lessons on what future leaders need to figure out in regards to their company, and why such lessons should be meaningful.
Start with Why provides great insights for developing long-term strategies to combat issues such as price-wars, customer churn and competition. Sinek also talks about how important it is to understand that your product and its features might be replicated by others. He explains that no one can copy your confidence and customer service style or how your clients feel about you and your organization. Those feelings come from intangible values and beliefs that only you share with your customers.
While several moments in the book feel a tad repetitive, it’s an easy read—and sometimes great points need to be repeated to be ingrained into our minds.
Our favorite part: Sinek’s Golden Circle Concept is an interesting notion to help ask us “why?” This line of thinking can be applied to multiple facets in life, whether personal or customer relationships, business decisions or career choices.
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Here is Cydcor's review of Business @ The Speed of Thought by Bill Gates:
About Business @ The Speed of Thought: Microsoft founder Bill Gates is the author Business @ The Speed of Thought, which focuses on the importance of technology. In the book, Gates shows how technology can help businesses better today and gives predictions on how that technology could transform the nature of business in the future.
Gates speaks to the business managers reading and stresses the importance of viewing new technology as a strategic asset, not as overhead or something to be dismissed. He gives detailed examples from Microsoft and Dell, among other successful companies, who have taken the latest technology and used it to their business advantage.
Why Cydcor recommends this book to future leaders:
Bill Gates is essentially the definition of “successful business person,” and he does a fine job explaining how the new digital age can impact all offices across the world. While the book itself might be more interesting to IT folks, as Gates goes in-depth into technology, he does speak to business strategy. In regards to technology, he doesn’t delve too deeply into the pitfalls and problems that can arise from depending too much on such tech.
However, for those who believe that technology will continue to grow and intertwine with business and those who believe it will play an increasingly significant role in the marketplace, this is a must read.
Our favorite part: Gates provides a 12-step program to implement a “Digital Nervous System,” which is a useful guide to integrating IT with existing business resources. Business @ The Speed of Thought also gives detailed case studies of large companies such as Microsoft and other businesses outside of the tech industry, making the “Digital Nervous System” relevant to a broader audience.
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