Economic Development Futures Journal

Monday, March 08, 2004

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Great Business Reference Book

Every organization should have a business library that is readily available to staff members. A top recommendation for that library would be Business: The Ultimate Resource. I also highly recommend this volume to professionals as a reference source that will be consulted on a daily basis for information to complete all types of tasks.

More than fifty business experts selected, organized, edited and (in some cases) created the abundance of material this volume contains. This is a 2,136 page volume with section titles that indicate the nature and extent of coverage: Best Practices, Management Checklists, Action Lists, Management Library, Business Thinkers, Dictionary World Business Almanac, and Business Information Sources.

In the Introduction, Daniel Goleman acknowledges that “business intelligence, literacy, or wisdom are themselves useless unless we can translate them into action -- in short, having an answer to the question of what to do come Monday morning. When all is said and done, it is only in the day-to-day demonstration of wise efforts that business intelligence proves its worth.”

In assessing most executives’ business intelligence, literacy, or wisdom, how well prepared are they for the next major crisis...or for the next major opportunity? Goleman recommends that they regularly pause to do an audit of what they know, “looking for the gaps that signal where we might want to build more strengths...[to] reflect on what we know, what we don’t know -- and where we would go to find out.” Where indeed? In most instances, the choice should be this “ultimate resource.”

Here to buy the book.

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