A brisk, enjoyable management manual to help CEOs develop “a bias for action.”
Canady offers a guide to perfecting a profitable business through better management.
In this nonfiction debut, the author, who’s the CEO of OTC Industrial Technologies and Arrowhead Engineered Products, breaks down the philosophy and practical elements of a solid “profitable growth operating system,” or PGOS. He writes that he learned the basics of leadership in the U.S. Navy; began his post-military career in the heating, ventilation, and air-conditioning (HVAC) field; earned an MBA at the University of Chicago in the early 2000s; and joined an unnamed “global tech company” with the aim of rising to its upper echelons: “The fact that the company had urgent problems gave me a greater opportunity to climb faster and establish myself sooner,” he notes, quipping that “you can’t fall out of a basement.” He moved into private equity, where he repeatedly observed the wisdom of the Pareto principle, from which he takes the title of his book: “Just 20 percent of what you do or spend generates 80 percent of your revenue.” (He sardonically adds, “Don’t get too happy, though, because the other 80 percent of what you spend generates just 20 percent of your revenue.”) In a series of chapters liberally broken up with bullet points, key takeaways, and colored insets, Canady lays out the workings of the Pareto principle as it applies to everything from meetings to workflow. At every stage, he employs a pitch-perfect combination of common sense and wit, clearly informed by long experience. When discussing the essential need to simplify in business procedures, for instance, he notes that his own candidate for the greatest authority in that area would be the great naturalist writer Henry David Thoreau, although he admits that “you probably wouldn’t want him as a customer.” (“In fact,” he adds, “you probably couldn’t get him as a customer because he bought almost nothing from anybody.”) Canady not only effectively demonstrates that the 80/20 principle is “the single most important assumption” in management; he also entertains his readers at every step along the way.
A brisk, enjoyable management manual to help CEOs develop “a bias for action.”Pub Date: Feb. 27, 2024
ISBN: 9798888242469
Page Count: 280
Publisher: Koehler Books
Review Posted Online: Feb. 16, 2024
Kirkus Reviews Issue: April 15, 2024
Review Program: Kirkus Indie
BOOK REVIEW
Highly instructive for would-be tycoons, with plenty of entertaining interludes.
Well-crafted memoir by the noted media mogul.
Diller’s home life as a youngster was anything but happy; as he writes early on, “The household I grew up in was perfectly dysfunctional.” His mother lived in her own world, his father was knee-deep in business deals, his brother was a heroin addict, and he tried to play by all the rules in order to allay “my fear of the consequences from my incipient homosexuality.” Somehow he fell into the orbit of show business figures like Lew Wasserman (“I was once arrested for joy-riding in Mrs. Wasserman’s Bentley”) and decided that Hollywood offered the right kind of escape. Starting in the proverbial mailroom, he worked his way up to be a junior talent agent, then scrambled up the ladder to become a high-up executive at ABC, head of Paramount and Fox, and an internet pioneer who invested in Match.com and took over a revitalized Ticketmaster. None of that ascent was easy, and Diller documents several key failures along the way, including boardroom betrayals (“What a monumental dope I’d been. They’d taken over the company—in a merger I’d created—with venality and duplicity”) and strategic missteps. It’s no news that the corporate world is rife with misbehavior, but the better part of Diller’s book is his dish on the players: He meets Jack Nicholson at the William Morris Agency, “wandering through the halls, looking for anyone who’d pay attention to him”; hangs out with Warren Beatty, ever on the make; mispronounces Barbra Streisand’s name (“her glare at me as she walked out would have fried a fish”); learns a remedy for prostatitis from Katharine Hepburn (“My father was an expert urological surgeon, and I know what I’m doing”); and much more in one of the better show-biz memoirs to appear in recent years.
Highly instructive for would-be tycoons, with plenty of entertaining interludes.Pub Date: May 20, 2025
ISBN: 9780593317877
Page Count: 352
Publisher: Simon & Schuster
Review Posted Online: May 12, 2025
Kirkus Reviews Issue: June 15, 2025
SEEN & HEARD
SEEN & HEARD
Cogent, well-timed ideas for meeting today’s biggest challenges.
Helping liberals get out of their own way.
Klein, a New York Times columnist, and Thompson, an Atlantic staffer, lean to the left, but they aren’t interrogating the usual suspects. Aware that many conservatives have no interest in their opinions, the authors target their own side’s “pathologies.” Why do red states greenlight the kind of renewable energy projects that often languish in blue states? Why does liberal California have the nation’s most severe homelessness and housing affordability crises? One big reason: Liberal leadership has ensnared itself in a web of well-intentioned yet often onerous “goals, standards, and rules.” This “procedural kludge,” partially shaped by lawyers who pioneered a “democracy by lawsuit” strategy in the 1960s, threatens to stymie key breakthroughs. Consider the anti-pollution laws passed after World War II. In the decades since, homeowners’ groups in liberal locales have cited such statutes in lawsuits meant to stop new affordable housing. Today, these laws “block the clean energy projects” required to tackle climate change. Nuclear energy is “inarguably safer” than the fossil fuel variety, but because Washington doesn’t always “properly weigh risk,” it almost never builds new reactors. Meanwhile, technologies that may cure disease or slash the carbon footprint of cement production benefit from government support, but too often the grant process “rewards caution and punishes outsider thinking.” The authors call this style of governing “everything-bagel liberalism,” so named because of its many government mandates. Instead, they envision “a politics of abundance” that would remake travel, work, and health. This won’t happen without “changing the processes that make building and inventing so hard.” It’s time, then, to scrutinize everything from municipal zoning regulations to the paperwork requirements for scientists getting federal funding. The authors’ debut as a duo is very smart and eminently useful.
Cogent, well-timed ideas for meeting today’s biggest challenges.Pub Date: March 18, 2025
ISBN: 9781668023488
Page Count: 320
Publisher: Avid Reader Press
Review Posted Online: Jan. 16, 2025
Kirkus Reviews Issue: Feb. 15, 2025
BOOK REVIEW
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