If you’ve read Gerber’s The E-Myth Revisited, you are familiar with his mantra of working on the business instead of in the business. Even financial leaders should be working on their departments, not just in them. But is that the right or full message?[Read more…] about Gerber is Partly Right, Partly Wrong
Is Trust by Hernan Diaz a 3-Star Book?
As a long-time financial professional and a neverending lifelong learner, reading fiction has its place for any student of business. Most of the best novels are about anything but business. That means fiction lovers are relegated to works like The Goal, Lencioni’s fables, or The Phoenix Project. Finally, Hernan Diaz has released a novel in which a wealthy financier is a central character. But is it any good?[Read more…] about Is Trust by Hernan Diaz a 3-Star Book?
The True Meaning of a Business Huddle
Most of the businesses I work with have business huddles. Some have daily stand-up huddles. Some have weekly huddles either at the beginning of the week or at the end. Some of these businesses have started conducting monthly financial huddles that I’ve taught them how to run. Perhaps you use a different term for these meetings. Personally, I prefer the terms debrief and financial impact circles. In this discussion, we’ll stick to the term business huddles.[Read more…] about The True Meaning of a Business Huddle
30 of the Best Business Books by Women
Lynette Pretorius shared a picture of the books she was reading on a LinkedIn post. She made the point that only two of ten books in her pile were by women. Then she stated, “I’m committing the reading at least three books by women every month for the rest of the year.” But she needed some recommendations. Surprise … I had a few.[Read more…] about 30 of the Best Business Books by Women
The Best Accounting Books Ever Written
Where is Don Draper when you need him? I need an attention-grabbing title for top accounting books all of us should consider reading. I need his help because this is a topic where I need help on getting you past the headline.[Read more…] about The Best Accounting Books Ever Written
Discovery Versus Instruction
In no way do I believe reading is the best way to learn. But I love the process of discovery, especially when it happens unexpectedly, whether it’s in a book or elsewhere.[Read more…] about Discovery Versus Instruction
I Still Remember Reading Just a Couple Books a Year
I read between 80 and 120 books a year. Don’t worry if you read 1-2 books a month, that’s a lot of learning in just one year.
I didn’t use to read this much. During my first year at KPMG in the late 1980’s, I probably made it through 2-3 books a year. I guarantee that one or two of those titles was by Clive Cussler.[Read more…] about I Still Remember Reading Just a Couple Books a Year
Should Mike Piper Be On Our Radar?
The answer is yes. But you might be asking, “Who is Mike Piper?” Mike writes at a great blog called, Oblivious Investor. He’s written nearly a dozen books on accounting, taxes, and business entities that are generally less than 100 pages.[Read more…] about Should Mike Piper Be On Our Radar?
One of the best personal finance books ever written is The Millionaire Next Door by Danko and Stanley. I’m not sure who the marketing or publishing genius behind the title The CEO Next Door is but they certainly got my attention when the book was released.[Read more…] about CFO Myths
My Three Favorite Management Accountant Books
Books on management accounting? Is it even possible to like such titles? For me, the answer is tricky because I’ve never been a cost accountant, and I’m more of an FP&A person than a managerial accountant. Yet there are three titles that are uniquely informative and impressionable on this complex discipline.[Read more…] about My Three Favorite Management Accountant Books