"Criticism should be a casual conversation." W. H. Auden
Selected by Nigel Bailey

20 | 05 | 2012
1 August 2007
Books reviewed in August were, Change to Strange, by Daniel Cable and The New Capitalists, by Davis, Lukomnik, Pitt-Watson.

Change to Strange, Daniel Cable

Our people are our greatest asset! Our people are our competitive advantage! Hey, without them we don't have a company!! How naove it is a little like saying electricity is our competitive advantage because it powers everything. Your competitors have people too, and electricity. How can a workforce give an organization a competitive advantage? GE's Durham Engine Facility does; Home Depot's used to and 3M's people still do. In this most practical book the author identifies both the logic and exactly what needs to be done to make people want to open their wallets to you when they can as easily get the similar goods or services from others. Strange means out of the ordinary this is practical help to turning a workforce of any size into the right sort of strange. I can't think of any business that doesn't need to know this

The New Capitalists, Davis, Lukomnik, Pitt-Watson

If you own unit trusts, have a RA, or invest in a pension fund, you need the insights this profound book provides. The old capitalists were a few wealthy families and state agencies, the new capitalists are you people who have their life savings invested in shares in public companies through their investing agencies. Around the world ordinary citizens own more of large corporations than the wealthy few and the awareness of the implications of this, are only just beginning to dawn. If an obscure coalition of Catholic nuns who own no more than a few bristles on the door mat of a GE company could get GE to change to a more profitable course, through an AGM resolution, what does this mean to us? Here in South Africa we are already seeing signs of the power of the "new capitalists" ordinary people. The insights of this book will help you join the dots and take greater control through greater understanding of what is, in fact, yours anyway. Don't miss this one.