Business, Finance & Law Books

Book SynopsisIntroducing first year PhD students to standard graduate econometrics material, this work covers the standard material necessary for understanding the principal techniques of econometrics from ordinary least squares through cointegration. It is useful for those who intend to write a thesis on applied topics and also for the theoretically inclined.Trade Review"Students of econometrics and their teachers will find this book to be the best introduction to the subject at the graduate and advanced undergraduate level. Starting with least squares regression, Hayashi provides an elegant exposition of all the standard topics of econometrics, including a detailed discussion of stationary and non-stationary time series. The particular strength of the book is the excellent balance between econometric theory and its applications, using GMM as an organizing principle throughout. Each chapter includes a detailed empirical example taken from classic and current applications of econometrics."—Dale Jorgensen, Harvard University"Econometrics will be a very useful book for intermediate and advanced graduate courses. It covers the topics with an easy to understand approach while at the same time offering a rigorous analysis. The computer programming tips and problems should also be useful to students. I highly recommend this book for an up-to-date coverage and thoughtful discussion of topics in the methodology and application of econometrics."—Jerry A. Hausman, Massachusetts Institute of Technology"Econometrics covers both modern and classic topics without shifting gears. The coverage is quite advanced yet the presentation is simple. Hayashi brings students to the frontier of applied econometric practice through a careful and efficient discussion of modern economic theory. The empirical exercises are very useful. . . . The projects are carefully crafted and have been thoroughly debugged."—Mark W. Watson, Princeton University"Econometrics strikes a good balance between technical rigor and clear exposition. . . . The use of empirical examples is well done throughout. I very much like the use of old 'classic' examples. It gives students a sense of history—and shows that great empirical econometrics is a matter of having important ideas and good data, not just fancy new methods. . . . The style is just great, informal and engaging."—James H. Stock, John F. Kennedy School of Government, Harvard UniversityTable of ContentsList of Figures xvii Preface xix 1 Finite-Sample Properties of OLS 3 1.1 The Classical Linear Regression Model 3 The Linearity Assumption 4 Matrix Notation 6 The Strict Exogeneity Assumption 7 Implications of Strict Exogeneity 8 Strict Exogeneity in Time-Series Models 9 Other Assumptions of the Model 10 The Classical Regression Model for Random Samples 12 "Fixed" Regressors 13 1.2 The Algebra of Least Squares 15 OLS Minimizes the Sum of Squared Residuals 15 Normal Equations 16 Two Expressions for the OLS Estimator 18 More Concepts and Algebra 18 Influential Analysis (optional) 21 A Note on the Computation of OLS Estimates 23 1.3 Finite-Sample Properties of OLS 27 Finite-Sample Distribution of b 27 Finite-Sample Properties of s2 30 Estimate of Var(b | X) 31 1.4 Hypothesis Testing under Normality 33 Normally Distributed Error Terms 33 Testing Hypotheses about Individual Regression Coefficients 35 Decision Rule for the t-Test 37 Confidence Interval 38 p-Value 38 Linear Hypotheses 39 The F-Test 40 A More Convenient Expression for F 42 t versus F 43 An Example of a Test Statistic Whose Distribution Depends on X 45 1.5 Relation to Maximum Likelihood 47 The Maximum Likelihood Principle 47 Conditional versus Unconditional Likelihood 47 The Log Likelihood for the Regression Model 48 ML via Concentrated Likelihood 48 Cramer-Rao Bound for the Classical Regression Model 49 The F-Test as a Likelihood Ratio Test 52 Quasi-Maximum Likelihood 53 1.6 Generalized Least Squares (GLS) 54 Consequence of Relaxing Assumption 1.4 55 Efficient Estimation with Known V 55 A Special Case: Weighted Least Squares (WLS) 58 Limiting Nature of GLS 58 1.7 Application: Returns to Scale in Electricity Supply 60 The Electricity Supply Industry 60 The Data 60 Why Do We Need Econometrics? 61 The Cobb-Douglas Technology 62 How Do We Know Things Are Cobb-Douglas? 63 Are the OLS Assumptions Satisfied? 64 Restricted Least Squares 65 Testing the Homogeneity of the Cost Function 65 Detour: A Cautionary Note on R2 67 Testing Constant Returns to Scale 67 Importance of Plotting Residuals 68 Subsequent Developments 68 Problem Set 71 Answers to Selected Questions 84 2 Large-Sample Theory 88 2.1 Review of Limit Theorems for Sequences of Random Variables 88 Various Modes of Convergence 89 Three Useful Results 92 Viewing Estimators as Sequences of Random Variables 94 Laws of Large Numbers and Central Limit Theorems 95 2.2 Fundamental Concepts in Time-Series Analysis 97 Need for Ergodic Stationarity 97 Various Classes of Stochastic Processes 98 Different Formulation of Lack of Serial Dependence 106 The CLT for Ergodic Stationary Martingale Differences Sequences 106 2.3 Large-Sample Distribution of the OLS Estimator 109 The Model 109 Asymptotic Distribution of the OLS Estimator 113 s2 Is Consistent 115 2.4 Hypothesis Testing 117 Testing Linear Hypotheses 117 The Test Is Consistent 119 Asymptotic Power 120 Testing Nonlinear Hypotheses 121 2.5 Estimating E([not displayable]) Consistently 123 Using Residuals for the Errors 123 Data Matrix Representation of S 125 Finite-Sample Considerations 125 2.6 Implications of Conditional Homoskedasticity 126 Conditional versus Unconditional Homoskedasticity 126 Reduction to Finite-Sample Formulas 127 Large-Sample Distribution of t and F Statistics 128 Variations of Asymptotic Tests under Conditional Homoskedasticity 129 2.7 Testing Conditional Homoskedasticity 131 2.8 Estimation with Parameterized Conditional Heteroskedasticity (optional) 133 The Functional Form 133 WLS with Known [alpha] 134 Regression of e2i on zi Provides a Consistent Estimate of [alpha] 135 WLS with Estimated [alpha] 136 OLS versus WLS 137 2.9 Least Squares Projection 137 Optimally Predicting the Value of the Dependent Variable 138 Best Linear Predictor 139 OLS Consistently Estimates the Projection Coefficients 140 2.10 Testing for Serial Correlation 141 Box-Pierce and Ljung-Box 142 Sample Autocorrelations Calculated from Residuals 144 Testing with Predetermined, but Not Strictly Exogenous, Regressors 146 An Auxiliary Regression-Based Test 147 2.11 Application: Rational Expectations Econometrics 150 The Efficient Market Hypotheses 150 Testable Implications 152 Testing for Serial Correlation 153 Is the Nominal Interest Rate the Optimal Predictor? 156 Rt Is Not Strictly Exogenous 158 Subsequent Developments 159 2.12 Time Regressions 160 The Asymptotic Distribution of the OLS Estimates 161 Hypothesis Testing for Time Regressions 163 2.A Asymptotics with Fixed Regressors 164 2.B Proof of Proposition 2.10 165 Problem Set 168 Answers to Selected Questions 183 3 Single-Equation GMM 186 3.1 Endogeneity Bias: Working's Example 187 A Simultaneous Equations Model of Market Equilibrium 187 Endogeneity Bias 188 Observable Supply Shifters 189 3.2 More Examples 193 A Simple Macroeconometric Model 193 Errors-in-Variables 194 Production Function 196 3.3 The General Formulation 198 Regressors and Instruments 198 Identification 200 Order Condition for Identification 202 The Assumption for Asymptotic Normality 202 3.4 Generalized Method of Moments Defined 204 Method of Moments 205 Generalized Method of Moments 206 Sampling Error 207 3.5 Large-Sample Properties of GMM 208 Asymptotic Distribution of the GMM Estimator 209 Estimation of Error Variance 210 Hypothesis Testing 211 Estimation of S 212 Efficient GMM Estimator 212 Asymptotic Power 214 Small-Sample Properties 215 3.6 Testing Overidentifying Restrictions 217 Testing Subsets of Orthogonality Conditions 218 3.7 Hypothesis Testing by the Likelihood-Ratio Principle 222 The LR Statistic for the Regression Model 223 Variable Addition Test (optional) 224 3.8 Implications of Conditional Homoskedasticity 225 Efficient GMM Becomes 2SLS 226 J Becomes Sargan's Statistic 227 Small-Sample Properties of 2SLS 229 Alternative Derivations of 2SLS 229 When Regressors Are Predetermined 231 Testing a Subset of Orthogonality Conditions 232 Testing Conditional Homoskedasticity 234 Testing for Serial Correlation 234 3.9 Application: Returns from Schooling 236 The NLS-Y Data 236 The Semi-Log Wage Equation 237 Omitted Variable Bias 238 IQ as the Measure of Ability 239 Errors-in-Variables 239 2SLS to Correct for the Bias 242 Subsequent Developments 243 Problem Set 244 Answers to Selected Questions 254 4 Multiple-Equation GMM 258 4.1 The Multiple-Equation Model 259 Linearity 259 Stationarity and Ergodicity 260 Orthogonality Conditions 261 Identification 262 The Assumption for Asymptotic Normality 264 Connection to the "Complete" System of Simultaneous Equations 265 4.2 Multiple-Equation GMM Defined 265 4.3 Large-Sample Theory 268 4.4 Single-Equation versus Multiple-Equation Estimation 271 When Are They "Equivalent"? 272 Joint Estimation Can Be Hazardous 273 4.5 Special Cases of Multiple-Equation GMM: FIVE, 3SLS, and SUR 274 Conditional Homoskedasticity 274 Full-Information Instrumental Variables Efficient (FIVE) 275 Three-Stage Least Squares (3SLS) 276 Seemingly Unrelated Regressions (SUR) 279 SUR versus OLS 281 4.6 Common Coefficients 286 The Model with Common Coefficients 286 The GMM Estimator 287 Imposing Conditional Homoskedasticity 288 Pooled OLS 290 Beautifying the Formulas 292 The Restriction That Isn't 293 4.7 Application: Interrelated Factor Demands 296 The Translog Cost Function 296 Factor Shares 297 Substitution Elasticities 298 Properties of Cost Functions 299 Stochastic Specifications 300 The Nature of Restrictions 301 Multivariate Regression Subject to Cross-Equation Restrictions 302 Which Equation to Delete? 304 Results 305 Problem Set 308 Answers to Selected Questions 320 5 Panel Data 323 5.1 The Error-Components Model 324 Error Components 324 Group Means 327 A Reparameterization 327 5.2 The Fixed-Effects Estimator 330 The Formula 330 Large-Sample Properties 331 Digression: When [eta]i Is Spherical 333 Random Effects versus Fixed Effects 334 Relaxing Conditional Homoskedasticity 335 5.3 Unbalanced Panels (optional) 337 "Zeroing Out" Missing Observations 338 Zeroing Out versus Compression 339 No Selectivity Bias 340 5.4 Application: International Differences in Growth Rates 342 Derivation of the Estimation Equation 342 Appending the Error Term 343 Treatment of [alpha]i 344 Consistent Estimation of Speed of Convergence 345 Appendix 5.A: Distribution of Hausman Statistic 346 Problem Set 349 Answers to Selected Questions 363 6 Serial Correlation 365 6.1 Modeling Serial Correlation: Linear Processes 365 MA(q) 366 MA([infinity]) as a Mean Square Limit 366 Filters 369 Inverting Lag Polynomials 372 6.2 ARMA Processes 375 AR(1) and Its MA([infinity]) Representation 376 Autocovariances of AR(1) 378 AR(p) and Its MA([infinity]) Representation 378 ARMA(p,q) 380 ARMA(p) with Common Roots 382 Invertibility 383 Autocovariance-Generating Function and the Spectrum 383 6.3 Vector Processes 387 6.4 Estimating Autoregressions 392 Estimation of AR(1) 392 Estimation of AR(p) 393 Choice of Lag Length 394 Estimation of VARs 397 Estimation of ARMA(p,q) 398 6.5 Asymptotics for Sample Means of Serially Correlated Processes 400 LLN for Covariance-Stationary Processes 401 Two Central Limit Theorems 402 Multivariate Extension 404 6.6 Incorporating Serial Correlation in GMM 406 The Model and Asymptotic Results 406 Estimating S When Autocovariances Vanish after Finite Lags 407 Using Kernels to Estimate S 408 VARHAC 410 6.7 Estimation under Conditional Homoskedasticity (Optional) 413 Kernel-Based Estimation of S under Conditional Homoskedasticity 413 Data Matrix Representation of Estimated Long-Run Variance 414 Relation to GLS 415 6.8 Application: Forward Exchange Rates as Optimal Predictors 418 The Market Efficiency Hypothesis 419 Testing Whether the Unconditional Mean Is Zero 420 Regression Tests 423 Problem Set 428 Answers to Selected Questions 441 7 Extremum Estimators 445 7.1 Extremum Estimators 446 "Measurability" of [theta] 446 Two Classes of Extremum Estimators 447 Maximum Likelihood (ML) 448 Conditional Maximum Likelihood 450 Invariance of ML 452 Nonlinear Least Squares (NLS) 453 Linear and Nonlinear GMM 454 7.2 Consistency 456 Two Consistency Theorems for Extremum Estimators 456 Consistency of M-Estimators 458 Concavity after Reparameterization 461 Identification in NLS and ML 462 Consistency of GMM 467 7.3 Asymptotic Normality 469 Asymptotic Normality of M-Estimators 470 Consistent Asymptotic Variance Estimation 473 Asymptotic Normality of Conditional ML 474 Two Examples 476 Asymptotic Normality of GMM 478 GMM versus ML 481 Expressing the Sampling Error in a Common Format 483 7.4 Hypothesis Testing 487 The Null Hypothesis 487 The Working Assumptions 489 The Wald Statistic 489 The Lagrange Multiplier (LM) Statistic 491 The Likelihood Ratio (LR) Statistic 493 Summary of the Trinity 494 7.5 Numerical Optimization 497 Newton-Raphson 497 Gauss-Newton 498 Writing Newton-Raphson and Gauss-Newton in a Common Format 498 Equations Nonlinear in Parameters Only 499 Problem Set 501 Answers to Selected Questions 505 8 Examples of Maximum Likelihood 507 8.1 Qualitative Response (QR) Models 507 Score and Hessian for Observation t 508 Consistency 509 Asymptotic Normality 510 8.2 Truncated Regression Models 511 The Model 511 Truncated Distributions 512 The Likelihood Function 513 Reparameterizing the Likelihood Function 514 Verifying Consistency and Asymptotic Normality 515 Recovering Original Parameters 517 8.3 Censored Regression (Tobit) Models 518 Tobit Likelihood Function 518 Reparameterization 519 8.4 Multivariate Regressions 521 The Multivariate Regression Model Restated 522 The Likelihood Function 523 Maximizing the Likelihood Function 524 Consistency and Asymptotic Normality 525 8.5 FIML 526 The Multiple-Equation Model with Common Instruments Restated 526 The Complete System of Simultaneous Equations 529 Relationship between ([Gamma]0, [Beta]0) and [delta]0 530 The FIML Likelihood Function 531 The FIML Concentrated Likelihood Function 532 Testing Overidentifying Restrictions 533 Properties of the FIML Estimator 533 ML Estimation of the SUR Model 535 8.6 LIML 538 LIML Defined 538 Computation of LIML 540 LIML versus 2SLS 542 8.7 Serially Correlated Observations 543 Two Questions 543 Unconditional ML for Dependent Observations 545 ML Estimation of AR.1/ Processes 546 Conditional ML Estimation of AR(1) Processes 547 Conditional ML Estimation of AR(p) and VAR(p) Processes 549 Problem Set 551 9 Unit-Root Econometrics 557 9.1 Modeling Trends 557 Integrated Processes 558 Why Is It Important to Know if the Process Is I(1)? 560 Which Should Be Taken as the Null, I(0) or I(1)? 562 Other Approaches to Modeling Trends 563 9.2 Tools for Unit-Root Econometrics 563 Linear I(0) Processes 563 Approximating I(1) by a Random Walk 564 Relation to ARMA Models 566 The Wiener Process 567 A Useful Lemma 570 9.3 Dickey-Fuller Tests 573 The AR(1) Model 573 Deriving the Limiting Distribution under the I(1) Null 574 Incorporating the Intercept 577 Incorporating Time Trend 581 9.4 Augmented Dickey-Fuller Tests 585 The Augmented Autoregression 585 Limiting Distribution of the OLS Estimator 586 Deriving Test Statistics 590 Testing Hypotheses about [zeta] 591 What to Do When p Is Unknown? 592 A Suggestion for the Choice of pmax(T) 594 Including the Intercept in the Regression 595 Incorporating Time Trend 597 Summary of the DF and ADF Tests and Other Unit-Root Tests 599 9.5 Which Unit-Root Test to Use? 601 Local-to-Unity Asymptotics 602 Small-Sample Properties 602 9.6 Application: Purchasing Power Parity 603 The Embarrassing Resiliency of the Random Walk Model? 604 Problem Set 605 Answers to Selected Questions 619 10 Cointegration 623 10.1 Cointegrated Systems 624 Linear Vector I(0) and I(1) Processes 624 The Beveridge-Nelson Decomposition 627 Cointegration Defined 629 10.2 Alternative Representations of Cointegrated Systems 633 Phillips's Triangular Representation 633 VAR and Cointegration 636 The Vector Error-Correction Model (VECM) 638 Johansen's ML Procedure 640 10.3 Testing the Null of No Cointegration 643 Spurious Regressions 643 The Residual-Based Test for Cointegration 644 Testing the Null of Cointegration 649 10.4 Inference on Cointegrating Vectors 650 The SOLS Estimator 650 The Bivariate Example 652 Continuing with the Bivariate Example 653 Allowing for Serial Correlation 654 General Case 657 Other Estimators and Finite-Sample Properties 658 10.5 Application: the Demand for Money in the United States 659 The Data 660 (m - p, y, R) as a Cointegrated System 660 DOLS 662 Unstable Money Demand? 663 Problem Set 665 Appendix. Partitioned Matrices and Kronecker Products 670 Addition and Multiplication of Partitioned Matrices 671 Inverting Partitioned Matrices 672

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Book SynopsisLearn how to cultivate the most incredible customer experiences on earth through this essential guide by Colin Cowie, distinguished purveyor of unforgettable “wow” events for the world’s most demanding clients.If you’re searching for ways to ensure your customers walk away from your company with a smile on their face and a plan to return, you found it. And any business organization can adapt the tools and techniques in this book.Colin Cowie, one of the world’s most sought-after event planners, shares the hard-won and hard-nosed advice he has learned through entertaining and engaging stories and examples. He gives readers the indisputable blueprint for creating a customer-service culture that anyone can tailor to their own needs, whether you’re a shopkeeper, corporate marketing director, or budding event planner.Upon coming to the United States from South Africa with $400 in his pocket, Colin built his highly sTrade Review'Colin Cowie's events are the gold standard for creating unforgettable experiences. His relentless pursuit of excellence sets him apart in the customer service industry. Following his advice, you will impress your customers and keep them coming back for more.' -- Susan Dell, Philanthropist, MSD Capital * MSD Capital *'Colin's engaging writing style is evident from the first page. His unique references exploring standards of excellence ranging from McDonald's fries in North Dakota to a royal wedding in Doha make this book truly stand out. Frankly, it's the best first-person analysis I've read on the topic of customer service. It's an enjoyable read with unforgettable practical advice you can put into use immediately.' -- Ken Blanchard, The Ken Blanchard Companies, Co-author of Bestsellers, The New One Minute Manager and Raving Fans * The New One Minute Manager *'I truly believe Colin Cowie's The Gold Standard is more timely than ever, as businesses look to engage with the shifting needs of their guests. A copy of this powerful book in the hands of the people who work with you can elevate the experience of everyone involved and undoubtedly increase the size of your audience.' -- Radha Arora, President, Rosewood Hotels and amp; Resorts * Rosewood Hotels & Resorts *'In Colin's enjoyable, fascinating book, he shares his secrets of A+ customer service. Readers can surprise their clients and customers with what their clients and customers didn't know they wanted. That's the ultimate in proactive service.' -- Jackie and David Simon, Chairman and CEO, Simon Property Group * Simon Property Group *'Incredible nuggets of wisdom. Nothing teaches like experience, and the insight that Colin Cowie shares in The Gold Standard is a must-read. Inspirational and energizing for those who aspire to deliver the absolute finest in customer service.' -- Alan Fuerstman, Founder, Chairman and CEO, Montage International * Montage International *'Let's face it, at some level, we're all in the service business, regardless of our profession. If you are looking for a way to get the most positive reaction to whatever you do, get The Gold Standard. Colin's stories and practical advice will help you remove the bumps you don't see now on your road to success.' -- Ryan Seacrest, Emmy Award Winning Television Host and Producer * Emmy Award Winning Television Host and Producer *'What I enjoy most about restaurant life is the sense that I am inviting the world to dinner. There is a rarefied thrill in surpassing our guests' high expectations-- every day, year in and year out! If your goal is consistent excellence, Colin's The Gold Standard offers you far more than you expect. Everyone who works with me is going to have a copy!' -- Eric Ripert, Chef and Owner, Le Bernardin, Bestselling Cookbook Author and Television Personality * Chef and Owner, Le Bernardin *'Colin Cowie is a master at creating unforgettable experiences. His latest book is a must-read for all those seeking new ways to elevate their services, delight their customers, and build lasting relationships.' -- Pauline Brown, Former Chair of LVMH North America and Author of Aesthetic Intelligence * Aesthetic Intelligence *'Colin is the epitome of The Gold Standard. As a hospitalitarian at some of the finest luxury hotels, clubs, and real estate developments globally, I have looked to Colin to help me transform my teams to ensure a memorable guest experience for all! Thank you, Colin, for your fabulous visionary leadership.' -- John Carlton Tolbert, Blackstone Real Estate Hotels and amp; Resorts and Founder, Revelation Consultancy * Revelation Consultancy *'Excellent customer service begins long before the customer walks in the door. It's created, planned, and organized with each step thought through in a way that your customer is sure to enjoy-- a seamless, unsurpassed experience that they'll want to repeat, over and over again. In his book, Colin tells you how you can create your version of The Gold Standard.' -- Jean Georges Vongerichten, Chef, Bestselling Cookbook Author and Television Personality * Bestselling Cookbook Author and Television Personality *'In today's world, service is the only true differentiator, making The Gold Standard a must-read book for anyone interested in improving service in their business. Colin Cowie's mastery of service excellence delivery is unsurpassed and can be applied in virtually any industry. This is a guidebook to success as he shares all of his secrets to creating happy and loyal customers in a compelling 'how to' anecdotal style.' -- Cindy Novotny, Radical Mentor, Master Connection Associates * Master Connection Associates *

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Book SynopsisThe original and bestselling leadership book! Sun Tzu's ideas on survival and success have been read across the world for centuries. Today they can still be applied to business, politics and life. The Art of War demonstrates how to win without conflict.Table of ContentsForeword vii An Introduction by Tom Butler-Bowdon xi Part I 1 The Art of War 3 Part II 101 The Sayings of WU TZU 103

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Book SynopsisMost of us worry that we're not very good negotiators - too quick to concede or too abrupt in our approach. But negotiation is present in almost every social interaction - we cannot avoid it. Neale and Lys present a practical new approach that will help you master this crucial everyday skill in every situation. Instead of focusing on reaching agreement at any cost, Neale and Lys reveal how to overcome our psychological biases and assess the hidden value in any negotiation. They explain how to know what a good deal is; when to negotiate and when to walk away; why keeping a straight face can prevent you from getting the best deal; when to make the first offer and when to wait; and why meeting in the middle can result in both sides being worse off. Drawing on three decades of ground-breaking research into behavioural economics, psychology and strategic thinking, Getting (More of) What You Want will revolutionise the way you approach negotiation. Whether you're looking for a better deal on your new car, asking for a pay rise, selling your company or just deciding who does the washing up, this book will help you become a more successful, more efficient negotiator - and get more of exactly what you want.Trade ReviewThe best book I've ever read on negotiation. -- Robert Sutton, Stanford Professor and co-author of * Scaling Up Excellence: Getting to More Without Settling for Less *Weaves together the best research and advice on negotiation so that you can feel more calm and collected when facing your next negotiation at work or as a consumer. And perhaps even with your kids. -- Chip Heath, co-author of * Decisive, Switch, and Made to Stick *This book surpasses the others [on negotiation]. Based on rigorous evidence and stunningly comprehensive in its consideration of the many aspects of negotiation -- Jeffrey Pfeffer, Thomas D. Dee II Professor of Organizational Behavior, Stanford Business SchoolThese two powerhouse professors de-bunk many common myths and lay out a disciplined approach to mastering the strategy and practice of negotiation. -- Sally Blount, Dean, Kellogg School of Management, Northwestern UniversityMargaret Neale and Thomas Lys have done something enormously important for the fields of negotiation scholarship and practice. They've combined principles of economics and psychology into a set of often novel and genuinely actionable insights that will serve negotiators of all sorts very well. -- Robert B. Cialdini, author of * Influence: The Psychology of Persuasion *

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Book SynopsisThe outrageous sequel to Don't Tell Mum I Work on the Rigs (She Thinks I'm a Piano Player in a Whorehouse) brings more great stories from the far side of civilization - hilarious, full of humour, colourful characters and dramatic action! Just another glorious day in the oilfield for Paul Carter! He's stuck in the middle of the Russian sea on a rig staffed by a crew from Azerbaijan. The choppers are older than him and can only fly by line of sight, turning back regularly due to the weather which gets particuarly interesting when they are past the point of no return with half there fuel gone and they are committed to finding the rig in a fog that's thicker than a Big Brother housemate. The closest thing to a hotel for miles around is the Asylum, a former soviet mental institution that now houses offshore personnel en-route to the rig, where his room mates are Vodka Bob - who drinks Guinness for breakfast when he's not on the rig - Sick Boy, who snores like a pit bull being hot-waxed and Sealbasher. In his inimitable style Paul Carter regales us with his colourful adventures from the front line of thee oil industry and the far side of civilization!Trade ReviewIf you're looking for a rip-roaring, rollicking roster of drunken antics, tropical diseases and bad behaviour, you won't go far wrong. * Amazon reviews *Get ready for loosely connected, bawdy stories about the author and his outrageous friends. Some tales come from the oil rigs Carter worked on, but most take place in bars, where misogynistic alpha males drown themselves in a sea of liquor. How about the one where a bloke with a glass eye pops it into someone's beer, and the crowd waits until the victim quaffs the last ounce to see it staring at him from the bottom of his glass? Carter narrates the audiobook in his working-class Australian accent, loaded with the national vocabulary of 'mates', 'queuing', 'boiled sweets', and 'rubbing one out' (think gas). His rapid narrative style leaves the listener little time to ponder the novel metaphors, similes, and analogies. * Audiofile Magazine *

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Book SynopsisThe conditioning begins early in our lives. Great achievements will bring lasting happiness and fulfillment; great achievements form the bedrock of stable self-esteem and strong character; great achievements will become the foundation for a successful life. If these well-intentioned promises are true, why does winning never seem to be enough? In The Only Way to Win, Jim Loehr draws upon two decades of work with Fortune 500 executives; world-class athletes such as Monica Seles, Dan Jansen, and Eric Lindros; and other high achievers at the Human Performance Institute (HPI) to reveal surprising insights about achievement motivation. Specifically, Loehr finds that the blind pursuit of external achievement often results in emptiness, addiction, and, ironically, poor performance. It's not really about what you achieve, he argues, it's about who you become as a consequence of the chase. From the bestselling author of On Form, comes a compelling, practical, and hopeful read filled with relatable stories and useful exercises. The Only Way to Win will serve as a powerful wake-up call for business leaders, employees, teachers, and coaches. It will also provide inspiration for readers looking to perform better, achieve more, and change both their own lives and those of the people they influence.Trade ReviewRead this book - it will change your life. -- Matthew Kelly, New York Times bestselling author of The Dream ManagerJim takes the challenge to achieve success to a new level--one where winning with character and values leads to a life of significance and long-term happiness. -- Steve Reinemund, Dean of Wake Forest Schools of Business and Former CEO, PepsiCoJim's latest book, The Only Way to Win, builds on his four decades of work with high achievers in sport and business linking character and purpose in an extraordinary way. -- Chip Bergh, CEO, Levi Strauss & Co.If you read no other book this year, give this gift to yourself, to those you lead, your family, and to anyone for whom you wish to make a positive impact on their lives. -- Phebe Farrow Port, Senior Vice President, Global Management Strategies, The EstEe Lauder CompaniesOver the years of working with Jim, I have learned how to make a deep investment in character and push my employees and colleagues to achieve more. Jim has it exactly right--character trumps everything! -- Charlie Kim, CEO, Next JumpJim Loehr has plumbed the depths of human endeavor and offers us an opportunity to confront our most cherished life goals and come out a winner. -- Rear Admiral Ray Smith, US Navy (Ret), Former Commander, US Navy SEALs

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Book SynopsisIt's rare that a book appears with a fresh perspective on world affairs, but renowned economist Ha-Joon Chang has some startlingly original things to say about the future of globalization. In theory, he argues, the world's wealthiest countries and supra-national institutions like the IMF, World Bank and WTO want to see all nations developing into modern industrial societies. In practice, though, those at the top are 'kicking away the ladder' to wealth that they themselves climbed. Why? Self-interest certainly plays a part. But, more often, rich and powerful governments and institutions are actually being 'Bad Samaritans': their intentions are worthy but their simplistic free-market ideology and poor understanding of history leads them to inflict policy errors on others. Chang demonstrates this by contrasting the route to success of economically vibrant countries with the very different route now being dictated to the world's poorer nations. In the course of this, he shows just how muddled the thinking is in such key areas as trade and foreign investment. He shows that the case for privatisation and against state involvement is far from proven. And he explores the ways in which attitudes to national cultures and political ideologies are obscuring clear thinking and creating bad policy. Finally, he argues the case for new strategies for a more prosperous world that may appall the 'Bad Samaritans'.Trade ReviewA smart, lively and provocative book that offers us compelling new ways to look at globalization -- Joseph E. Stiglitz, Nobel laureate in Economics, 2001Every orthodoxy needs effective critics. Ha-Joon Chang is probably the world's most effective critic of globalization. He does not deny the benefits to developing countries of integration into the world economy. But he draws on the lessons of history to argue that they must be allowed to integrate on their own terms -- Martin Wolf, Financial Times, author of 'Why Globalization Works'This is a marvellous book. Well researched, panoramic in its scope and beautifully written, Bad Samaritans, is the perfect riposte to devotees of a one-size-fits-all model of growth and globalization. I strongly urge you to read it -- Larry Elliott, Economics Editor, GuardianIn this more polemical tract, [Chang] adds the spark of personal reflection ... and some mischievous rhetorical set-pieces. * The Economist *This is an excellent book...deploys the logical discipline of economics and its engagement with quantitative evidence, but does so in jargon-free prose that sparkles with anecdotes and practical observations. * International Affairs *

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Book SynopsisGeoff Ramm has a passion for incredible customer service. In this book, he’s hand-picked THE most original, unique and quirky examples of creative customer experiences that are guaranteed to inspire you and your team to outperform, outmanoeuvre and stand head and shoulders above the competition. This is the book that your competitors wish they had, it’s your ticket to service superstardom and it’s going to reveal to you: The gap in your service that you never knew existed. Smart techniques to help you generate clever experiences of your own. Simple, cost-effective ideas and touches that will mean the world to your customers. Fun, fresh and exciting new perspectives that will inject your entire team with enthusiasm. Fantastic ideas and inspiring stories that will get you spectacular results. Why not join Geoff on this highly enjoyable, eye-opening and rewarding customer service journey around the world? He’ll introduce you to some of the amazing people he’s met who have discovered extraordinary ways to deliver world-class experiences, and he’ll show you how you can use their strategies to make your own brand unforgettable, your business unmissable and your customers coming back for more. So, are you ready to become a true Celebrity Service Superstar? Great! It’s time to get started on getting people talking…about you! “Entertaining and thought-provoking! Geoff Ramm’s knowledge and insight will reshape the way you think about customer service” – Heather McNamee, Area General Manager, Fraser’s Hospitality UKTrade Review“Entertaining and thought-provoking! Geoff Ramm’s knowledge and insight will reshape the way you think about customer service” – Heather McNamee, Area General Manager, Fraser’s Hospitality UK“Talk about WOW! Geoff Ramm ignites a desire to be the most talked about business on earth with positive energy and purpose. He’ll help you see the difference and be the difference.” – Olivia Sarah-Le Lacheur, General Manager, Retail Distribution, Partnership Development AIA Group“I have been living and breathing Geoff’s mantra for many years with significant success, enabling consecutive years of growth.” - Ed Bracken, General Manager, Crowne Plaza, The City, London

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Book SynopsisKenneth C. Laudon was a professor of information systems at the New York University School of Business. He held a BA in economics from Stanford and a PhD from Columbia University. He authored 12 books dealing with electronic commerce, information systems, organizations, and society. Professor Laudon wrote more than 40 articles concerning the social, organizational, and management impacts of information systems, privacy, ethics, and multimedia technology. Jane Price Laudon is a management consultant in the information systems area and the author of seven books. Her special interests include systems analysis, data management, MIS auditing, software evaluation, and teaching business professionals how to design and use information systems. Jane received her PhD from Columbia University, her MA from Harvard University, and her BA from Barnard College. She has taught at Columbia University and the New York University Graduate School of BusinTable of ContentsPART I: ORGANIZATIONS, MANAGEMENT, AND THE NETWORKED ENTERPRISE Information Systems in Global Business Today Global E-Business and Collaboration Information Systems, Organizations, and Strategy Ethical and Social Issues in Information Systems PART II: INFORMATION TECHNOLOGY INFRASTRUCTURE IT Infrastructure and Emerging Technologies Foundations of Business Intelligence: Databases and Information Management Telecommunications, the Internet, and Wireless Technology Securing Information Systems PART III: KEY SYSTEM APPLICATIONS FOR THE DIGITAL AGE Achieving Operational Excellence and Customer Intimacy: Enterprise Applications E-commerce: Digital Markets, Digital Goods Managing Knowledge and Artificial Intelligence Enhancing Decision Making Building Systems Managing Projects Managing Global Systems

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Book SynopsisStop searching for purpose. Build it.We're living through a crisis of purpose. Surveys indicate that people are feeling less connected to the meaning of their work, asking, "How do I find my purpose?"That's the wrong question. You don't find your purpose—you build it. The HBR Guide to Crafting Your Purpose debunks three common myths about purpose: that purpose is found, that you have only one, and that it stays the same over time. Packed with stories, tips, and activities, this book teaches you how to cultivate more meaning in your life and work and endow everything you do with purpose.You'll learn how to: Find the reason behind your work Identify what makes you feel happy and fulfilled Use job crafting to transform your role Build positive, fulfilling relationships Connect your work to service Arm yourself with the advice you need to succeed on the job, with the most trusted brand in business. Packed with how-to essentials from leading experts, the HBR Guides provide smart answers to your most pressing work challenges.

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Book SynopsisLeadership is hard. How can you balance compassion for your people with effectiveness in getting the job done?A global pandemic, economic volatility, natural disasters, civil and political unrest. From New York to Barcelona to Hong Kong, it can feel as if the world as we know it is coming apart. Through it all, our human spirit is being tested. Now more than ever, it's imperative for leaders to demonstrate compassion.But in hard times like these, leaders need to make hard decisions—deliver negative feedback, make difficult choices that disappoint people, and in some cases lay people off. How do you do the hard things that come with the responsibility of leadership while remaining a good human being and bringing out the best in others? Most people think we have to make a binary choice between being a good human being and being a tough, effective leader. But this is a false dichotomy. Being human and doing what needs to be done are not mutually exclusive. In truth, doing hard things and making difficult decisions is often the most compassionate thing to do.As founder and CEO of Potential Project, Rasmus Hougaard and his longtime coauthor, Jacqueline Carter, show in this powerful, practical book, you must always balance caring for your people with leadership wisdom and effectiveness. Using data from thousands of leaders, employees, and companies in nearly a hundred countries, the authors find that when leaders bring the right balance of compassion and wisdom to the job, they foster much higher levels of employee engagement, performance, loyalty, and well-being in their people.With rich examples from Netflix, IKEA, Unilever, and many other global companies, as well as practical tools and advice for leaders and managers at any level, Compassionate Leadership is your indispensable guide to doing the hard work of leadership in a human way.Trade Review"…an accessible, handy reference for those eager to lead with kindness." — Publisher's Weekly"Divided into easy-to-read chapters that can be implemented as practical tools and guidance for leaders and managers at any level, Compassionate Leadership makes doing the hard work of leadership easiest to do in a human way." — School Administrator (AASA, American Association of School Administrators)Advance Praise for Compassionate Leadership:"All business leaders care about business performance. This book uses deep research to demonstrate that compassionate and wise leadership is not an alternative to a performance culture, but is a key accelerator of it." — Alan Jope, CEO, Unilever"Investing deeply in human connection and compassion with candor are the most important leadership traits of our time and essential to creating a truly human organization. This book cracks the code on how to lead with both your heart and your mind." — Ellyn Shook, Chief Leadership & Human Resources Officer, Accenture"As this timely book reveals, compassion strengthens a leader's qualities. It is the antidote to anger and fear. It brings confidence, courage, and the peace of mind to enable a leader to be clear and decisive." — His Holiness Dalai Lama XIV"This remarkable book shines a light on how to create the culture of compassion and empowerment that unlocks creativity, productivity, and happiness in today's organizations. Its intelligent, engaging prose is a delight to read." — Amy C. Edmondson, Novartis Professor of Leadership and Management, Harvard Business School; author, The Fearless Organization"Wise leaders know that when you avoid uncomfortable issues, they always come back to haunt you. Reading this book will help you understand how to lead, guided by a deep sense that human values are the primary objective. Those values should be your compass for doing the right thing when the next tough dilemma comes along." — Jesper Brodin, President and CEO, Ingka Group (formerly IKEA Group)

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Book SynopsisOffering leaders and senior managers the answers to critical questions on organizational design and management.Leading Organizations offers an accessible and practical new framework for addressing some of the most common issues facing leaders and senior managers today. The two authors, both consultants with McKinsey, took stock of the most common questions they are asked by their clients in the areas of human capital, organization design, transformational change, and merger management. Containing the latest thinking on the most effective answers to those questions, this book offers leaders and senior managers support of their efforts to harness the full potential of their organizations.Leading Organizations is anchored in a series of essays or short chapters using graphics, bullet points, and examples to illustrate the key messages and ensure a highly visual exploration of organizational design and management.Trade ReviewSenior executives should greet this book with joy and gratitude. Meticulous analysis reveals that the ten most important management topics today are as they have always been. So first you learn what most needs to be done – and then the time-tested ways to make it happen. -- Sir Martin Sorrell * CEO, WPP *No one has time to read long-winded business books or is too impatient to do so. Leading Organizations is different...its content is both practical and refreshing. Simply essential reading for any leader. -- Daniel Vasella * former Chairman and CEO, Novartis *Leading Organizations is like reading ten business books in one. These leadership lessons put into action are a catalyst to sustainable competitive advantage. -- Greg Case * CEO, Aon *The book is an accessible, digestible and valuable contribution to business leadership, built on the bedrock of tried and tested experience in managing challenge and change. -- Sir Roger Carr * Chairman, BAE Systems plc *An A-Z guide for leaders, covering everything from talent and teams, to design and decision-making, to culture and change - mandatory reading for anyone who aspires to be a great leader of organizations. -- Herman Gref * CEO and Chairman of the Executive Board, Sberbank *Leading Organizations contains extraordinary insight, powerful ideas, and practical guidance. It has something for everyone, whether you are just setting out or an experienced leader – a must-read. -- Carolyn Fairbairn * Director-General of the Confederation of British Industry *Keller and Meaney's Leading Organizations: Ten Timeless Truths reveals clear, real-world actions on how to tackle the issues that leaders of every organization face. The topics addressed are truly timeless - making it a vital read for start-ups and mature organizations alike. -- Peter Ma * Chairman, Ping An Insurance Company of China *Leading Organizations is straight to the point and counter-intuitive – and, above all, impact-focused. -- Alain Bejjani * CEO and Director, Majid Al Futtaim Holding LLC *A plain talking primer for CEOs and senior leaders who want to focus their attention on what matters. -- Nancy G. Hesse * President and CEO, Cancer Treatment Centers of America *Leading Organizations is easy to read, very pragmatic, and focused on results. -- Walter Bayly * CEO, Bancode Credito del Peru *Great handbook on how to develop high-performing organizations. A fresh departure from conceptual business books - very practical. -- Suh Kyung-bae * Chairman, AmorePacific Corporation *[Keller and Meaney] zero in on the essentials...digging into the few key lessons that matter most. I find Leading Organizations: Ten Timeless Truths to be a lovely example of profound simplicity. -- Robert I. Sutton * best-selling author, and Professor of Management Science and Engineering, Stanford University *Table of ContentsIntroduction Part One: Talent and teams 1. How do I attract and retain the right talent? 2. How do I develop the talent we need to win? 3. How I manage performance to unlock our full potential? 4. How do I create a high-performing leadership team? Part Two: Decision-making and design 5. How do I improve the quality and speed of decision-making? 6. How do I reorganize to capture maximum value quickly? 7. How do I reduce overhead costs sustainably? Part Three: Culture and change 8. How do I make culture a competitive advantage? 9. How do I lead organization-wide transformational change? 10. How do I successfully transition into a new leadership role?

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Book SynopsisIn 2017, Arif Naqvi and The Abraaj Group were on the brink of changing the world of private equity. Abraaj was a pioneer of a new model of impact investing built on the idea that making money and doing good are not mutually exclusive. It had helped transform communities and companies across the Middle East, Asia, Africa and Latin America by investing in healthcare, education and clean energy, and in 2017 it was on the threshold of closing a new fund that would provide $6 billion worth of investment to these emerging markets. But then it all came crashing down. On 10 April 2019, after landing at London Heathrow, Naqvi was arrested on fraud charges. He is facing extradition to the United States and a potential prison sentence of up to 291 years if he is found guilty. The dominant media narrative has painted Naqvi as a thief and fraudster, the so-called key man in an organised criminal conspiracy. But in this explosive new book, which is based on extensive research and interviews with key players, Brian Brivati discovers that things are not quite what they seem and finds that in this case of alleged fraud there is actually no money missing. Icarus explores how Abraaj found itself caught in the middle of a geopolitical war between the United States and China and when it would not bow to the whims of these global behemoths, economic hitmen tried to wipe it out.Trade Review"If Abraaj had been allowed to sell its shares in K-Electric to Shanghai Electric, Arif Naqvi would be a free man today. There is more here than meets the eye. How and why was this deal blocked? This book sets out to answer those questions." - Shahid Abbasi, former Prime Minister of Pakistan "Doing good and making money should not be incompatible. Arif Naqvi was the leading advocate of how to use private equity to make a difference and his life and achievements deserve a scholarly and balanced assessment to counter the tabloid headlines. Icarus, based on an astonishing depth of research, provides just that." - David Charters, former diplomat turned investment banker and businessman and co-founder of the Beacon Prize for Philanthropy “Brian Brivati is one of the country’s most interesting thinkers on international affairs. He is always challenging and his conclusions never predictable.” Martin Bright, formerly political editor of the New Statesman and the Jewish Chronicle, his 2003 scoop formed the basis for the film Official Secrets

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Book SynopsisWritten by the best-selling author of Python for Finance, Yves Hilpisch, this new book explains financial, mathematical, and Python programming concepts in an integrative manner so that the interdisciplinary concepts reinforce each other.

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Book SynopsisA FINANCIAL TIMES BOOK OF THE MONTH FROM THE WALL STREET JOURNAL: "Nothing Mr. Gilder says or writes is ever delivered at anything less than the fullest philosophical decibel... Mr. Gilder sounds less like a tech guru than a poet, and his words tumble out in a romantic cascade." “Google’s algorithms assume the world’s future is nothing more than the next moment in a random process. George Gilder shows how deep this assumption goes, what motivates people to make it, and why it’s wrong: the future depends on human action.” — Peter Thiel, founder of PayPal and Palantir Technologies and author of Zero to One: Notes on Startups, or How to Build the Future The Age of Google, built on big data and machine intelligence, has been an awesome era. But it’s coming to an end. In Life after Google, George Gilder—the peerless visionary of technology and culture—explains why Silicon Valley is suffering a nervous breakdown and what to expect as the post-Google age dawns. Google’s astonishing ability to “search and sort” attracts the entire world to its search engine and countless other goodies—videos, maps, email, calendars….And everything it offers is free, or so it seems. Instead of paying directly, users submit to advertising. The system of “aggregate and advertise” works—for a while—if you control an empire of data centers, but a market without prices strangles entrepreneurship and turns the Internet into a wasteland of ads. The crisis is not just economic. Even as advances in artificial intelligence induce delusions of omnipotence and transcendence, Silicon Valley has pretty much given up on security. The Internet firewalls supposedly protecting all those passwords and personal information have proved hopelessly permeable. The crisis cannot be solved within the current computer and network architecture. The future lies with the “cryptocosm”—the new architecture of the blockchain and its derivatives. Enabling cryptocurrencies such as bitcoin and ether, NEO and Hashgraph, it will provide the Internet a secure global payments system, ending the aggregate-and-advertise Age of Google. Silicon Valley, long dominated by a few giants, faces a “great unbundling,” which will disperse computer power and commerce and transform the economy and the Internet. Life after Google is almost here.

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Book SynopsisYou may not know it, but you are sitting on a goldmine. Your knowledge, passions, and skills can be transformed into a lucrative income stream that requires no college degree, zero employees, and less than $50 to get started. Whether it takes shape as a full-fledged business, a side hustle, or automated earnings is up to you!Before you can monetize what you know, you’ll need to learn the dynamics of the knowledge economy. There’s no one better to teach you than Graham Cochrane—business coach, YouTuber, and founder of The Recording Revolution, a once no-name blog about music turned 7-figure business that requires fewer than 5 hours per week of work. With How to Get Paid for What You Know, he provides a proven 6-step system for turning your ideas, skills, and passions into an income stream that puts money in your bank account day and night, whether you’re working or not. In this book, you’ll learn how to: Discover your idea and ensure it will be profitable,Build an audience,Package your knowledge into a highly desirable digital product,Sell online in an authentic and ethical way,Leverage simple online tools to market your product, andAutomate the entire process so that income flows to you even when you’re not working. Follow these steps and you’ll be well on your way to creating better stability in your income and finding more fulfillment in your work and, ultimately, your life. How to Get Paid for What You Know is your essential guide to a new and better way to make a living.

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Book SynopsisLearn how to generate consistent returns from the Indian stock market with Diamonds in the Dust by Saurabh Mukherjea. Discover a simple yet effective investment technique to identify well-managed companies that have provided outsized returns. Backed by in-depth research, this book helps Indian savers navigate the $3 trillion stock market.

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Book SynopsisWant big returns? Look at small stocks! Penny stocks are low-cost equities that often make large price moves, potentially leading to big gainsor lossesfor investors.Penny StocksForDummieswill help you determine whether this wild ride is right for you. With this hands-on guide, you can grasp the basics, find smart investments, avoid scams, and look for big success, even if youonly have pocket change to start out with. This latest edition takes you right into today's unique penny stock market.You'lllearn how to read penny stock charts, evaluate the strength of small companies, recognize price manipulations, anduse smart trading strategies to maximize your returns. Buying and selling penny stocks can be extremely lucrativeif you know exactly whatyou'redoing. This book will make a penny trader out of you, so you can start making money for the future.(Heads up: you're going to need a bigger piggy bank!) WithPenny StocksForDummies, you will: Find out whether penny stocks are a good fit for your investment goals, available capital, and risk toleranceDo your due diligence and learn how to research potential penny stock investmentsUse fundamental analysis, financial ratios, and penny-specific technical analysis to identify winning betsUncover expert tips that will boost your results and help prevent big losses Penny StocksForDummieswill give youtheknowledge andconfidenceyou needto get in on the ground floorand discover those hidden gems for high rewards.Table of ContentsIntroduction 1 About This Book 1 Foolish Assumptions 2 Icons Used in This Book 3 Beyond the Book 4 Where to Go from Here 4 Part 1: Getting Started with Penny Stocks 5 Chapter 1: Getting to Know Penny Stocks 7 A Big, Fat, “Tiny” Penny Stock Summary 8 Defining Penny Stocks 9 Price per share 10 Market capitalization 10 Stock market 10 Mix and match 11 Why does it matter? 11 Comparing Penny Stocks to Their Blue-Chip Cousins 13 Volatility and speed 14 Safety and risk 14 Investor following and visibility 15 Larger stones take more force to move 16 Chapter 2: Deciding If Penny Stocks Are Right for You 19 Gauging the Popularity of Penny Stocks 20 A high risk/reward ratio 20 Limited funds 22 Risky misconceptions 22 Taking Stock of the Big Business of Penny Stocks 23 You’re not alone 23 Room to grow 24 Making Sense of What You’ve Heard (Much of Which is True!) 25 Penny stocks represent low-quality companies 25 Penny stocks are subject to price manipulation scams 26 Trading penny stocks is a game of chance 26 Making a Fast Million Not! 27 Penny stocks appeal to the impatient 27 Newer investors gravitate to penny stocks 28 Penny stocks appeal to smaller portfolios 29 Being Honest with Yourself: Are Penny Stocks Right For You? 29 Chapter 3: Buying and Selling Penny Stocks 31 The Ins and Outs of the Stock Market 32 Factors influencing which exchange a company lists on 32 A who’s who of stock exchanges 34 Issuing Shares 37 Diluting a good thing 38 How dilution affects investors 39 When new share issues are a good thing 40 When new share issues are not a good thing 41 Stock Buybacks 42 Acquisitions and Takeovers 43 Why penny stock companies are frequently bought 45 Resisting a takeover 46 Understanding which companies are takeover targets 46 Being the buyer 48 Mergers and Amalgamations 49 Stock splits and reverse splits 50 Why you don’t see splits in low-priced shares 51 Why reverse splits are common in penny stocks 51 Bankruptcies 52 Chapter 4: Avoiding Promotions, Scams, and Bribes 53 Why Penny Stocks Are Perfect for Price Manipulation 53 Who is Moving the Price? 57 Promoters 58 Investor or public relations 58 The touter 59 The advisor 59 Rooting Out Poor Quality Companies 60 A good story 60 Financially broken 61 Weak business model 61 Swimming against the trend 62 The 2-pound gorilla 62 Obstacles That Even High-Quality Companies Face 63 Lawsuits 65 Lost customers 66 The 500-pound gorilla 67 Even the Good Can Die Young 67 Part 2: Research and Investment Strategies 69 Chapter 5: Developing a Strategy 71 Trading Risk Free without Using Real Money 72 Keeping it simple: What you need to get started 72 Setting your paper trading parameters 73 Some paper trading considerations 74 Tracking the success (or failure) of your paper trades 75 What You Need Before Your First Trade 76 Choosing a Great Broker 77 Penny-stock-friendly brokers 78 When to upgrade your broker 79 Types of Trading Orders 79 Bids, asks, and spreads 79 Limit orders 80 Market orders 81 Other types of orders 82 Characteristics of a Successful Penny Stock Trader 84 Investing Versus Trading 86 Investing in penny stocks 86 Trading in penny stocks 86 Chapter 6: Doing Your Research 89 Doing Your Due Diligence 90 Skimming the surface 90 Digging a little (or a lot) deeper 91 The Where’s and How’s of Research 92 Stock quotes 93 Trading charts 93 Stock screeners 95 Company financials 95 Press releases 96 Media outlets 97 Paid analysts 97 Investor relations 98 Penny stock newsletters 98 Message boards 100 Calling the Penny Stock Company 101 Be prepared before you dial 101 Questions to ask management or IR 102 Dead-end questions to avoid 104 How to interpret IR responses 104 Corporate and Analyst Guidance 105 Should you trust guidance issued by the company? 106 Following analyst guidance 107 Generating your own guidance data 107 How Expectations Drive Prices: Getting Baked in the Pie 108 Expectations are more important than results 108 Beating estimates 110 Missing guidance numbers 110 Penny Stocks Are Affected by Trends 111 Sector and industry trends 111 Trends in the overall market 113 Trends in consumer and social behavior 113 Market and Company Risk 115 Let the rising tide lift your boat 115 Investing against the current 116 Reacting to nonsystemic (company-specific) risk 117 Reacting to systemic (market) risk 117 Buying What You Understand: The Free and Instant Advantage 118 Chapter 7: Picking a Winner 121 Narrowing Your Choices 122 Your Elimination Criteria 122 Who Do You Trust? 124 Your number one ally: You 124 Considering the motives of others 125 Reviewing their track record 126 Paid advertisements: The wolf in sheep’s clothing 126 Unreliable analysts 127 Stock Screeners 128 Choosing criteria to focus your search 128 Screening your screens: Getting even more focused 130 What stock screeners won’t tell you 131 Choosing Penny Stocks Manually 132 Chapter 8: Penny Stock Manias 133 Wild Speculation and Investor Stampedes 134 Why manias affect penny stocks the most 135 The next stampede: It’s just around the corner 136 Penny Stock Manias of the Past: Learning from Other People’s Mistakes 137 Pot penny stocks 137 Bitcoin mania? 143 The dot-com bubble in penny stocks 150 Surviving and Profiting from Penny Stock Manias 153 Spotting the Next Mania 154 Why the next mania plays out 154 How the next mania plays out 155 Part 3: Trading Penny Stocks 157 Chapter 9: Trading Strategies 159 Scaling In and Scaling Out 160 Averaging Up Not Down 161 The many downsides of averaging down 161 The upsides of averaging up 163 Limiting Your Losses and Locking In Your Gains 163 Stop-loss orders 163 Position sizing 165 Diversification 166 Limit orders 167 Using only the best markets 167 Trading Windows 167 Timing Trades: When to Hold ’Em and When to Fold ’Em 168 Know when to take a profit 168 Know when to sell at a loss 169 Chapter 10: Fundamental Analysis 171 Financial Reports 172 The income statement 173 Balance sheet 174 The statement of cash flows 176 Numbers to Look for in Penny Stocks 179 Good numbers on the financial statements 180 Trends in financial results 184 Acting On Analysis 186 Management is Steering This Ship 187 Who’s who at the helm 187 What have these managers done before? 188 The corporate commitment level 189 News Releases and Events 191 Press releases from the company 192 Coverage from third-party sources 192 The timing of milestone events 193 The Outlook for the Sector and Industry 194 Microeconomic influences 195 Macroeconomic influences 196 Keeping your macros and micros straight 197 Chapter 11: Financial Ratios: Comparing Apples to Apples 199 Leveling the Playing Field with Financial Ratios 200 Eliminating size as a factor 200 Comparing stocks across industries 201 The Five Categories of Financial Ratios 201 Liquidity Ratios 202 Current ratio 203 Quick ratio 203 Cash ratio 204 Operating cash flow 205 Activity Ratios 206 Inventory turnover 207 Receivables turnover 207 Payables turnover 208 Working capital turnover 209 Fixed asset turnover 209 Total asset turnover 210 Leverage Ratios 211 Debt ratio 211 Debt to equity 212 Interest coverage 212 Performance Ratios 213 Gross profit margin 214 Operating profit margin 215 Net profit margin 216 Return on assets 217 Return on equity 217 Valuation Ratios 218 Price to earnings 218 Price to earnings to growth rate ratio 220 Price to sales 220 Price to cash flow 221 Chapter 12: The Abstract Review in Penny Stocks 223 Making Products Meaningful with Branding 224 Why branding is more important with penny stocks 225 When branding is done well 226 Harnessing a Unique Selling Proposition 227 Ensuring Product or Service Acceptance 228 Market Share 229 How to find out the market share for a penny stock 230 Profit from changes in market share 230 Barriers to Entry 231 Gauging barriers to new competition 232 The best first movers are the small ones 232 Marketing Strategy and Results 234 Poor marketing is bottomless 234 Marketing is hard to track with penny stocks 235 Loyalty and Attrition 236 Customer turnover 237 Relative order sizes and frequencies 237 Chapter 13: Technical Analysis with Penny Stocks 239 When Technical Analysis is Good 240 Why TA Often Doesn’t Work with Penny Stocks 243 Use Technical Indicators to Spot Trading Opportunities 244 All Patterns Break Down 246 Technical Analysis That Will Work with Penny Stocks 247 Clues from trading volume 247 Support levels 248 Resistance 250 Trends are friends 251 Price spikes 252 Price dips 253 Topping out patterns 254 Bottoming out patterns 256 Consolidation patterns 257 On-balance volume 260 Momentum indicators 261 Moving averages 262 Relative strength 263 Part 4: Scaling Up Your Success 265 Chapter 14: The Surprising Power of Mental Focus 267 Taking a Situational Audit 268 Unless you increase your time and energy 268 When the weeds envelope you 269 Why the dearth of quality? 271 Are Your Expectations Realistic? 271 Truly knowing yourself 272 The purpose is deeper 273 Goals? Not everyone needs them 273 The first step is the longest 273 Your Penny Stock Plan 274 Frequency and fine-tuning 276 You do not get to have luck 276 Take a forced rest 277 Chapter 15: Finding the One Strategy That Works 279 Your Solo Strategy 280 Do less of what doesn’t work 281 Rinse and repeat 282 Simplicity is misunderstood 282 One Penny Stock Truth Above All 282 Dancing on quicksand 283 Changing landscape 283 Adapting to What’s Next 285 Creating a Ritual 286 Shrine, studio, war room, or kitchen table? 287 A statement of commitment 288 Opportunity Costs and Your Results 288 Unseen small investments for major gains 289 Extrapolate your destination 289 Chapter 16: Debriefing for Dollars and Cents 291 Your Opinion is Your Mental Blind Spot 292 Comparing results to expectations 292 Comparing expectations to environments 293 The intentions-to-profits contrast 295 The assumptions you were given 296 Media Imagery and Misunderstandings 297 Tunnel-vision gurus 297 Trusted friends and family 298 Buying excitement 298 Building Your Investing Power 299 Collect 100 mistakes 301 List your lessons 301 Take an emotional assessment 303 Change yourself to change your results 303 Part 5: The Part of Tens 307 Chapter 17: Ten Rapid Result Tactics 309 Call the Company 310 Average Up 310 Don’t Confuse Market Risk with Company Risk 311 Try the Product, Use the Service 312 Compare the Wares 313 Paper Trade 313 Know the Corporate Life Cycle 314 What’s Really Driving the Share Price? 315 Watch the Short Interest 316 Don’t Diversify, Pinpoint Invest Instead 317 Chapter 18: Ten Trading Truths 319 Investor Sentiment is Contrarian 319 Big Moves Occur During Brief Trading Windows 321 Greater Volume Means Greater Sustainability 321 Making Up for Losses is Harder than Preventing Them 322 Bigger Things Take More Energy to Move 322 Rapid Rise, Rapid Fall 323 Dilution Disguises Losses 324 Buy the Rumor, Sell the Fact 324 Don’t Try Catching Falling Knives 325 Resistance Levels Can Flip 326 Chapter 19: Ten Key Considerations for Companies 327 Barriers to Entry 327 Competitive Advantages 328 Market Share (and Room for Growth) 329 Customer Diversity and the Company’s Reliance 330 Allies 331 Insider Ownership 331 Institutional Ownership 332 Positioning 333 The Secret of Flag Fall Fees 333 It’s All About Recurring Revenues and Attrition 334 Index 337

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Book SynopsisWritten in the 6th century BCE, Sun Tzu's The Art of War is still used as a book of military strategy today, as well as being extremely popular among politicians. Napoleon, Mae Zedong and Douglas MacArthur all claimed to have drawn inspiration from it. And beyond the world of war, modern-era business and management gurus have also applied Sun Tzu's ideas to politics and corporate strategy. In this Chinese-bound journal, each spread page has ample space for your thoughts and notes, and features a key, insightful quote from Sun Tsu's famous and much-read work. The book is robust enough to be unpacked and repacked. You could fill the pages of this journal while sitting on a mountaintop, on a railway platform, in your office lunch hour or in the privacy of your own home. Beautifully made with traditional Chinese bookbinding techniques, this is more than a hardwearing book. It is something exquisite to be cherished. The Art of War Journal is the perfect place for you to record your thoughts - and be inspired by ancient Chinese military wisdom.

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Book Synopsis''A powerful argument, and practical advice, on the importance of reclaiming your leisure time to live a happier and more fulfilling life'' - Gretchen Rubin, New York Times bestselling author of Better Than Before and The Happiness ProjectEncroaching work demands - coupled with domestic chores, overbooked schedules, and the incessant pinging of our devices - have taken a toll on what used to be our free time: the weekend. With no space to tune out and recharge, every aspect of our lives is suffering: our health is deteriorating, our social networks (the face-to-face kind) are dissolving and our productivity is down. The notion of working less and living more has given way to the belief that you must be ''on'' 24/7.Tired of suffering from Sunday-night let down, award-winning journalist Katrina Onstad pushes back against this all-work-no-fun ethos. Onstad follows the trail of people, companies and countries vigilantly protecting their time oTrade ReviewToo often we race through the week, only to find our weekends packed with countless errands and never-ending to-do lists. Before we know it, we've lost sight of what really makes us happy. In The Weekend Effect, Katrina Onstad offers a powerful argument, and practical advice, on the importance of reclaiming your leisure time to live a happier and more fulfilling life -- Gretchen Rubin, New York Times bestselling author of Better than Before and The Happiness ProjectThe Weekend Effect is a call to action - or even better - a call to inaction. It proves its case that by staking a claim to your weekend, your work and home life (and your health and wellbeing) benefit every day of the year. Take the time to read it like I did, over a weekend. It's a great way to start -- Kirstine Stewart, media and technology executive and author of Our TurnMasterfully researched and beautifully written, The Weekend Effect urgently makes the case that our hard won free time is essential to our survival, and needs to be reclaimed. Pick up this book, and get ready to rekindle your love of the weekend! Your emails can wait until Monday -- David Sax, author of The Revenge of AnalogToo often work and technology erode our ability to connect meaningfully face-to-face, intruding into the critical time we need to recharge ourselves. In Katrina Onstad's insightful and compelling book, THE WEEKEND EFFECT, she offers an urgent call to arms on the essential need to take back our weekends -- Dallas Hartwig, NY Times bestselling co-author of It Starts With FoodIn our frenetic era of total work devotion and breathless busyness, the idea of making time for leisure has become almost a sacrilege. But Katrina Onstad makes a compelling case in her terrific new book, The Weekend Effect, that true leisure - time for reflection, connection, play and joy - knits together the social fabric of community, soothes the weary soul and, at heart, is what makes life worth living. A welcome romp of a read -- Brigid Schulte, award-winning journalist and author of the New York Times bestselling Overwhelmed and director of The Better Life Lab at New AmericaThe Weekend Effect is a fastidiously researched book detailing how we collectively lost the art of weekending well... Onstad provides plenty for the stressed and time-poor to mull over -- Tanya Sweeney * Irish Times *

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Book SynopsisThe Best Story Wins provides fresh perspectives on the principles of Pixar-style storytelling, adapted by one of the studio’s top creatives to meet the needs of entrepreneurs, marketers, and business-minded storytellers of all stripes. Pixar movies have transfixed viewers around the world and stirred a hunger in creative and corporate realms to adopt new and more impactful ways of telling stories. Former Pixar and The Simpsons Animator and Story Artist Matthew Luhn translates his two and half decades of storytelling techniques and concepts to the CEOs, advertisers, marketers, and creatives in the business world and beyond. A combination of Luhn’s personal stories and storytelling insights, The Best Story Wins retells the “Hero’s Journey” story building methods through the lens of the Pixar films to help business minds embrace the power of storytelling for themselves!

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Book SynopsisRichard Pike is Emeritus Professor of Finance at the School of Management, University of Bradford. Bill Neale has lectured and researched at several UK Universities and is now freelancing. Saeed Akbar is a Professor in Accounting and Finance at the Hull University Business School, University of Hull. Philip Linsley is a Professor in Accounting and Finance at the University of York.Table of ContentsList of figures and tables Preface Authors' acknowledgements Publisher's acknowledgements Part I A framework for financial decisions An overview of financial management The financial environment Present values, and bond and share valuation Part II Investment decisions and strategies Investment appraisal methods Project appraisal – applications Investment strategy and process Part III Value, risk and the required return Analysing investment risk Relationships between investments: portfolio theory Setting the risk premium: the Capital Asset Pricing Model (CAPM) The required rate of return on investment Enterprise value and equity value Identifying and valuing options Part IV Short-term financing and policies Risk and treasury management Working capital and short-term asset management Short- and medium-term finance Part V Strategic financial decisions Long-term finance Returning value to shareholders: the dividend decision Capital structure and the required return Does capital structure really matter? Acquisitions and re-structuring Part VI International financial management Managing currency risk Foreign investment decisions Key issues in modern finance: a review Appendix A Solutions to self-assessment activities Appendix B Solutions to selected questions Appendix C Present value interest factor (PVIF) Appendix D Present value interest factor for an annuity (PVIFA) Glossary References Index

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Book SynopsisFrom the New York Times bestselling author of the book named the best investment book of 2017 comes The Behavioral Investor, an applied look at how psychology ought to inform the art and science of investment management.

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Book SynopsisAlan Calder is Group CEO of GRC International Group plc, the AIM-listed company that owns IT Governance Ltd.. He led the world's first successful implementation of BS 7799 (now ISO 27001) and was involved in developing a wide range of information security management training courses, accredited by the International Board for IT Governance Qualifications (IBITGQ). Steve Watkins is Executive Director at GRC International Group plc, chair of the UK ISO/IEC 27001 User Group and contracted technical assessor for UKAS. He is a member of the international technical committee responsible for the ISO 27000 family of standards, and chairs the UK National Standards Body's technical committee IST/33 (information security, cyber security and privacy protection) that mirrors it.Trade Review"This book is to ISO27002 what ISO27002 is to ISO27001 - it is the guidance to the standard's guidance. As such, it is the most impressively comprehensive guide to implementing ISO27001-level InfoSec in your organisation. It gives detailed understanding and insight about the motivation and purpose of the different controls that will help build a fit-for-purpose ISMS. Because of this, I chose it as the set book for the very popular Open University Introduction to InfoSec module." * Dr Jon Hall, Open University InfoSec Module Chair and Author *"A well-structured and informative book that deserves a place on the bookshelf of any ISMS lead implementer and an invaluable reference for organisations seeking accredited third-party certification." * Alastair Hunter - UKAS Information Assurance Technical Focus *Table of Contents Chapter - 01: Why is information security necessary?; Chapter - 02: The UK combined code, the FRC risk guidance and Sarbanes–Oxley; Chapter - 03: ISO27001; Chapter - 04: Organizing information security; Chapter - 05: Information security policy and scope; Chapter - 06: The risk assessment and Statement of Applicability; Chapter - 07: Mobile devices; Chapter - 08: Human resources security; Chapter - 09: Asset management; Chapter - 10: Media handling; Chapter - 11: Access control; Chapter - 12: User access management; Chapter - 13: System and application access control; Chapter - 14: Cryptography; Chapter - 15: Physical and environmental security; Chapter - 16: Equipment security; Chapter - 17: Operations security; Chapter - 18: Controls against malicious software (malware); Chapter - 19: Communications management; Chapter - 20: Exchanges of information; Chapter - 21: System acquisition, development and maintenance; Chapter - 22: Development and support processes; Chapter - 23: Supplier relationships; Chapter - 24: Monitoring and information security incident management; Chapter - 25: Business and information security continuity management; Chapter - 26: Compliance; Chapter - 27: The ISO27001 audit

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Book SynopsisGlenn Templeman has breadth and depth of HR and business partnering experience gained over a twenty-year career thinking about or being an HR business partner across the public, private and not-for-profit sectors. Based in London, UK, he is currently an HR consultant within the management consulting industry working with government and public sector clients.Trade Review"Developing a strategic mindset is an essential skill for all HR professionals. It is never too early to develop such a mindset and this book neatly shows you how." * Dr Dina Gray, Strategy Academic and Consultant *"A step-by-step roadmap on how to be a simply brilliant and fulfilled HR Business Partner. Eloquent, funny and thought-provoking by turn, in an age of machine learning and HR bots, it is heartening to focus on the 'human' nature of this role and how a really effective HR partner to a business area can make a transformative difference. Sage advice for all in HR, regardless of which stage of their career." * Sarah Stacey, Director HR Business Partnering, NATS *"A compelling read for both aspiring and practicing HR Business Partners, written in a style that is informative and relatable and equipping those navigating the perennial challenges of this keystone HR role." * Nick Sloan FCIPD, HR Transformation Specialist, Management Consulting Industry *"A great insight into strategic thinking with practical applications and a wealth of real experiences. A valuable read for all those in HR who want to make a difference." * Nigel Daly, Fellow CIPD, HR L&D specialist *"The HR Business Partner Handbook is one that the profession has been waiting for. It is a complete guide to understanding the depth and breadth of the role of a HR Business Partner and the value it can bring any organization. Coupled with expert insights from Glenn, it will help you to achieve day-to-day excellence through its informative and empowering approach as it sets out expectations to help anyone be an awesome HRBP. Whether you're new to HR or looking to transition from a HR generalist or specialist role, this incredibly practical guide is a must-read on your journey." * Andrew Mina, People and Customer Experience Manager, HR SaaS company *"This is an incredibly helpful, easy-to-read book with a witty slant. It provides wise advice and is an essential read for HR professionals and people leaders alike." * Rachel Gardner-Poole, Chief Operating Officer, innovation & technology sector *"This is an excellent read. It provides valuable insights, guidance and advice to someone starting out on the course of becoming an HR Business Partner - the sorts of insights which you don't normally get from a textbook. It gives the reader a glimpse into the author's own personal story and his views on what makes a strategic HR business partner stand out. It is thought provoking and offers a really interesting perspective." * Elaine McIlroy Employment and Immigration Law Firm Partner *Table of Contents Chapter - 00: Introduction - A well-trodden path should be easy to follow; Section - ONE: The foundational structure; Chapter - 01: Knowing HR; Chapter - 02: Knowing the business; Chapter - 03: Adding value; Section - TWO: The people fundamentals; Chapter - 04: Always listen to people; Chapter - 05: The power of empathy; Chapter - 06: The protection of perception; Chapter - 07: The moral and ethical compass; Chapter - 08: Style, service and subservience; Chapter - 09: Humble headlines; Section - THREE: The road to strategic; Chapter - 10: The active application of procrastination; Chapter - 11: Say no to strangers; Chapter - 12: Ever the pragmatist; Section - FOUR: The clever stuff; Chapter - 13: Strategic is a mindset; Chapter - 14: Don’t treat the symptoms; Chapter - 15: Tell me a story; Section - FIVE: The warning signs; Chapter - 16: Don’t throw nuts; Chapter - 17: Progression over promotion; Chapter - 18: Epilogue

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Book SynopsisDiscover the meaning of the latest trends in the luxury industry with this resource from leading voices in the field The thoroughly revised Second Edition of The Road to Luxury: The New Frontiers in Luxury Brand Management delivers a comprehensive overview of the foundations of, and new developments in, luxury brands. The book discusses a new wave of mergers and acquisitions, the rise of Gucci, the growth of Balenciaga, a variety of new collaborations between different companies, a growing support for sustainability, and the COVID-19 pandemic. Readers will also benefit from the inclusion of: An insightful analysis of the impact and meaning of the COVID-19 for the luxury industry, particularly for market growth in China The creation of savoir faire and business plan competitions in the luxury industry LVMH''s sponsoring of Viva Technology Perfect for students in MBA programs or taking degrees or courses in LuxurTable of ContentsAcknowledgments xi About the Authors xv Prologue xvii Part I: Understanding the Luxury Business 1 Chapter 1: Introduction— Definition and Crisis of Luxury 2 Issues of Defining Luxury 3 Crisis 5 The Luxury Industry 7 Reaction to the Crisis of Global Markets 9 The Effect of a Crisis on the Luxury Industry 17 Strategic Response to Crisis 19 Conclusion 25 Chapter 2: Evolution of the Global Luxury Market 27 Evolution 30 How Has It Changed? 36 Luxury Industry Trends 39 Conclusion 48 Chapter 3: Who’s Who of Luxury 49 The Consumers 50 The Actors 52 Conclusion 94 Chapter 4: Branding 97 Market Saturation 98 Luxury Marketing: Highly Creative and Selective 101 The Nine Ps of Luxury Brand Marketing for the Nomad of Tomorrow 111 Discussion 134 Conclusion 134 Chapter 5: Brand Identity, Ethos, Clients 137 Brand Identity 138 Ethos 144 Clients 149 Discussion 154 Pricing of Luxury Goods 155 Conclusion 160 Part II: Luxury Management and Markets 161 Chapter 6: Family- Run Houses, Corporatization, and New Entrants 162 What Is a Family- Run Business? 165 Family- Run Business During a Crisis 183 Family- Run Businesses of the Future: Corporatization 184 Changes During the Transition from a Family- Run Business Model to That of a Corporation 190 Entrepreneurs and New Entrants into Existing Markets 194 Trends and Discussion 198 Conclusion 202 Chapter 7: Management Styles in the Luxury Industry 203 Path Dependency and Its Influence on Management Styles 205 Managing Paradoxes 210 Examples of Styles 218 Analysis 237 Conclusion 240 Chapter 8: Skills 244 Craftsmanship Through History 248 Entrepreneurial Designers 253 The Sales Team 253 Professional Managers 257 Perspective of the Conglomerates 259 Managing Talent 262 Conclusion 275 Chapter 9: Managing Operations and Supply Chain in the Luxury Business 279 The Challenge 282 The Global and the Local Supply Chain 285 Customer Relationship Management and Customer Experience 295 Conclusion 300 Chapter 10: Services: The Point of Sale 304 Issues at Point of Sale 307 The Customer Experience Dimension 311 The Service Dimension 316 The Phygital Dimension 319 Conclusion 327 Part III: Contemporary Issues and the New Frontiers 331 Chapter 11: Digitalization of Retail— E- commerce, Platforms, and Omnichannel 332 Introduction 332 Evolution of Distribution and Retailing 335 Conclusion 381 Chapter 12: Sustainability, Circularity, and the New Era of Luxury 384 Introduction 384 Definitional Issue and “the Right Strategy” 385 Social, Environmental, and Economic Challenges 387 The Social Challenge 388 The Environmental Challenge 389 The Economic Challenge 394 The Three Challenges 395 Forces Shaping the Sustainability Model for Luxury Business 396 Sustainable Business Model Best Practice for the Luxury Business 410 Conclusion 416 Chapter 13: New Markets and the Future 419 A Consolidated Industry 420 The Frontier Markets 421 The Pandemic Aftermath 433 The Future 440 The New Frontier 443 Chapter 14: Epilogue: How to Create a Luxury Brand 449 Case Studies on Luxury Entrepreneurship 451 Revisiting the 9Ps as the Essentials of Building a Luxury Brand 465 Expanding into International Markets as a Way of Growth for Emerging Brands in Frontier Markets 471 Research Design, Methodology, and Data Collection 475 Index 481

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Book SynopsisFrom Jim Collins, the most influential business thinker of our era, comes an ambitious upgrade of his classic, Beyond Entrepreneurship, that includes all-new findings and world-changing insights.What''s the roadmap to create a company that not only survives its infancy but thrives, changing the world for decades to come? Nine years before the publication of his epochal bestseller Good to Great, Jim Collins and his mentor, Bill Lazier, answered this question in their bestselling book, Beyond Entrepreneurship.Beyond Entrepreneurship left a definitive mark on the business community, influencing the young pioneers who were, at that time, creating the technology revolution that was birthing in Silicon Valley. Decades later, successive generations of entrepreneurs still turn to the strategies outlined in Beyond Entrepreneurship to answer the most pressing business questions. BE 2.0 is a new and improved version of the book that Jim Collins and Bill Lazier wrote years ago. In BE 2.0, Jim Collins honors his mentor, Bill Lazier, who passed away in 2005, and reexamines the original text of Beyond Entrepreneurship with his 2020 perspective. The book includes the original text of Beyond Entrepreneurship, as well as four new chapters and fifteen new essays. BE 2.0 pulls together the key concepts across Collins'' thirty years of research into one integrated framework called The Map. The result is a singular reading experience, which presents a unified vision of company creation that will fascinate not only Jim''s millions of dedicated readers worldwide, but also introduce a new generation to his remarkable work.

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Book SynopsisMake more money than ever with the proven, easy-to-understand methods of stock trading and investing expert Michael SincereIf youâre just starting to invest in or trade stocksâor even if youâre only considering itâHow to Profit in the Stock Market delivers the insights and knowledge you need to succeed, consistently and decisively. The Art of Buyingâhow to find winning stocks, and buying strategies and tactics Technical Indicators and OscillatorsâMACD, RSI, Bollinger Bands, Stochastics, Candlesticks, Moving Averages Trend and Momentum Strategiesâdiscusses short-term trend trading and momentum strategies High Risk, High-Reward Strategiesâday trading, trading gaps, cryptocurrencies, and trading penny stocks Corrections, Crashes, and Bear Marketsâhow to survive and thrive when markets plunge, and advice from short-selling experts Selling Stocks and Optionsâthe art of selling and selling covered calls

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Book Synopsis__________________________‘Bruce Daisley is on a mission to change the world of work.’ The Times__________________________From the creator of hit podcast Eat Sleep Work Repeat comes a revolutionary re-envisioning of how to enjoy your job.Do you want to get more done, feel less stressed and love your job again?Sometimes having a job can feel like hard work. But between Monk Mode mornings, silent meetings and crisp Thursdays, the solutions are at your fingertips.Bruce Daisley knows a thing or two about the workplace. In the course of a career that has taken him from some of the world’s biggest media companies to Twitter, via Google and YouTube, he has become a leading expert on how we work now. And in his hugely popular podcast Eat Sleep Work Repeat, he has explored ways to fix it. Now he shares 30 brilliant – and refreshingly simple – tips on how to make your job more productive, more rewarding – and much, much more enjoyable.‘With just 30 changes, you can transform your work experience from bland and boring (or worse) to fulfilling, fun, and even joyful.’ Daniel Pink, author of When and Drive__________________________"This is a warm, wise and funny book which provides a terrific summary of some of the science - and stories - behind what makes work a positive part of people’s lives. From the importance of lunch to the value of laughter, this book gives witty and practical advice. I loved it and I’ve already started changing some of the things I do at work, as a result!" - Professor Sophie Scott"Don't quit yet! In this book, Bruce shares remarkable advice that may well have you laughing while you work and truly loving your job." - Biz Stone, Twitter co-founder“Bruce Daisley’s The Joy of Work is a joy to read. It translates the best of workplace psychology research into practical ways of establishing creative and liveable cultures at work—a must read for all of us 9-5ers!” - Professor Sir Cary Cooper, ALLIANCE Manchester Business School, University of Manchester“Bruce’s The Joy of Work is an important reminder of simple everyday practices to improve how we all work together, which will lead to greater team and individual happiness and performance. Great results will follow.” - Jack Dorsey, CEO of Twitter and Square"With just 30 changes, you can transform your work experience from bland and boring (or worse) to fulfilling, fun, and even joyful. Bruce Daisley has pulled together threads of research and woven them into a tapestry of strategies that actually work, and that don't depend on the CEO's sign-off for implementation. You can begin changing your work culture today at the individual, team, and organisational levels with these tactics that increase creativity, productivity, and satisfaction.” - Daniel Pink, author of WHEN and DRIVETrade ReviewBruce Daisley is on a mission to change the world of work and help ordinary people to kick their addiction to digital communication. His thesis is attractive and compelling: rather than free us up, new technology is tying us to our devices and desks and raising stress and unhappiness at work with no discernible increase in productivity . . . Daisley may be the man to lead the pushback. * The Times *[Daisley] offers helpful tips and ways of thinking to maximise your happiness and productivity at work without giving up your soul. * Evening Standard *You’ve probably read a lot about the positives of side hustles and freelance life, but what if you’re committed to a career within a company? European Twitter Vice-President Bruce Daisley has some of the answers . . . Bruce’s book is a manifesto for frustrated workers. * Balance *Combating workplace misery has become the mission of Bruce Daisley, European VP of Twitter and host of the podcast Eat, Sleep, Work, Repeat. His latest book, The Joy Of Work, is designed to make us fall back in love with our job again . . . Daisley’s book debunks many long-held assumptions about the workplace. * Grazia *For many people work has become joyless, but Daisley offers some easy fixes that any employee or team could implement straight away to make work feel better again . . . Daisley has a knack of showing how easy it is to make what are really rather small day-to-day changes at work. -- Book of the Month * Financial Times *

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Book SynopsisA BOOK OF THE YEAR FOR THE FINANCIAL TIMES AND FORTUNE MAGAZINE. The epic story of how a young social climber from Malaysia pulled off one of the biggest financial heists in history. In 2015, rumours began circulating that billions of dollars had been stolen from a Malaysian investment fund. The mastermind of the heist was twenty-seven-year-old Jho Low, a serial fabulist from an upper-middle-class Malaysian family, who had carefully built his reputation as a member of the jet-setting elite by arranging and financing elaborate parties for Wall Street bankers, celebrities, and even royalty. With the aid of Goldman Sachs and others, Low stole billions of dollars, right under the nose of global financial industry watchdogs. He used the money to finance elections, purchase luxury real estate, throw champagne-drenched parties, and bankroll Hollywood films like The Wolf of Wall Street. Billion Dollar Whale reveals how this silver-tongued con man, a ‘modern Gatsby’, emerged from obscurity to pull off one of the most audacious financial heists the world has ever seen, and how the financial industry let him. It is a classic harrowing parable of hubris and greed in the financial world.Trade Review‘An extraordinary tale … richly woven … with dogged reporting … Like all good business stories, Billion Dollar Whale is bigger than the immediate one it tells. It is a story of emerging markets crippled by corruption and cronyism and comes from the era of egregious — and mostly punishment-free — banking … One thing is clear. If ever Hollywood gets round to telling the story on screen, here is perfect material for the script.’ * Financial Times *‘If you like global intrigue, financial crime, wealth porn, and absurdity, Billion Dollar Whale, by Tom Wright and Bradley Hope, is for you … It almost seems made up. Still, anyone who has followed the news out of Malaysia will know that the story is all too real.’ * The New Yorker *‘As Bad Blood is to biotech, Billion Dollar Whale is to international finance … a wonderful read … Thrilling.’ -- Bill Gates‘An impeccably researched book.’ -- Matthew Valencia * The Economist *‘One of the best business books in a long time.’ * Brian Sullivan, CNBC *‘What a blast to read! A true life thriller that reads like a Hollywood movie, Billion Dollar Whale traces the exploits of the most mercurial, mysterious big player in history. Jho Low is Gatsby with twice the bank account and ten times the ambition, and the stories surrounding his exploits leap right off the page!’ * Ben Mezrich, New York Times bestselling author of The Accidental Billionaires and Bringing Down The House *‘I couldn’t put it down.’ -- Pete Tong * The Times *‘One of the most important books of 2018.’ * MoneyLaundering.com *‘Wright and Hope deliver a scintillating and prodigiously reported tale of a globe-spanning modern Gatsby and his audacious fraud.’ * Jesse Eisinger, Pulitzer Prize-winning reporter for ProPublica and author of The Chickenshit Club *‘This story of a Wharton graduate who carried out the $5 billion swindle known as 1MDB offers a textbook case of financial fraud in the modern age.’ * New York Times *‘A rip-roaring case in kleptocracy.’ * The Economist *‘An incredible story … If you need some billionaires to despise—look no further than these charlatans.’ * Alexis Ohanian, co-founder of Reddit *‘Even the most skilled fiction writer would have trouble conjuring the corrupt and colorful protagonist of Billion Dollar Whale. Bradley Hope and Tom Wright's gripping portrait of Jho Low and his enablers throughout the global financial system will both fascinate and enrage you.’ * Sheelah Kolhatkar, staff writer at The New Yorker and New York Times bestselling author of Black Edge *‘The story of a massive international financial scandal … As the authors amply prove, the scandal reaches far beyond Low. To succeed, he relied on the naivete, greed, and generally immoral conduct of huge banks as well as corrupt governments.’ * Kirkus *‘Wright and Hope transform their investigation of a mind-boggling financial fraud into a nonfiction thriller … This is an epic tale of white-collar crime on a global scale.’ STARRED REVIEW * Publishers Weekly *‘An amazing tale of greed … juicy and entertaining.’ STARRED REVIEW * Library Journal *‘Well-researched and well-documented … Reveals how Low used a bag of tricks, including financial fraud, to make himself seem more powerful, more influential, and more successful than he actually was … This is a must-read.’ * Booklist *‘Billion Dollar Whale does more than dissect a financial fraud of epic proportions; it takes the reader on a fascinating journey inside the heart of a con that was years in the making. Wright and Hope show how perception becomes reality in the hands of a consummate financial illusionist. Billion Dollar Whale proves once again that truth is stranger than fiction.’ -- Gregory A. Coleman, retired FBI Special Agent; Case Agent, ‘Wolf of Wall Street’ Investigation‘The authors strike a good balance between keeping Low’s story at the centre and making it clear that 1MDB was a scandal waiting to happen … they also provide some telling anecdotes.’ * Money Week *‘I highly recommend this rip-roaring story of brazen fraud … political corruption … and investment-banker callousness.’ * Adam Lashinsky, Fortune *‘Jaw dropping.’ -- Ed Needham * Strong Words *‘Gripping … The heist of the century.’ * Axios *‘Take one chubby Malaysian business school graduate. Mix with Middle Eastern sheikhs and greedy Southeast Asian politicians. Add Wall Street investment banks, law firms and Swiss wealth managers. Then mix in superyachts, five-star hotels, luxury apartments, nightclubs, models, A-list movie stars — and bathtubs of champagne … [This] richly reported page-turner is meticulously pieced together from interviews, documents and emails by Wall Street Journal reporters Tom Wright and Bradley Hope.’ * Peter Thal Larsen, Reuters *‘Compelling.’ * Minneapolis Star Tribune *‘A wonderful book … A rip-roaring, absolutely delightful account of one of the biggest financial cons in the history of the world … If you liked Bad Blood, you might well enjoy Billion Dollar Whale … An incredible story of a con artist at the height of his game.’ * David Plotz, Slate “Political Gabfest” *‘A cracking read.’ * Unreserved Media *‘An incredible story.’ * Knowledge@Wharton *‘Just finished reading Billion Dollar Whale and was blown away. I thought I had seen it all with Russian kleptocracy, but the story of the money stolen in Malaysia in 1MDB and all the enthusiastic Western enablers was unbelievable.’ -- Bill Browder, #1 New York Times bestselling author of Red Notice‘This thrilling true story reads like a Hollywood movie.’ * Sheerluxe Man *

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Book SynopsisâœThe ultimate all-in-one guide to becoming a great leader.â âDaniel PinkFrom the creator and host of The Learning Leader Show, âœthe most dynamic leadership podcast out thereâ (Forbes) that will âœhelp you lead smarterâ (Inc.), comes an essential tactical guide for newly promoted managers.Every year, millions of top performers are promoted to management-level jobsâonly to discover that the tactics that got them promoted are not the tactics that will make them effective in their new role. In Welcome to Management, Ryan Hawk provides practical, actionable advice and tools designed to ensure that transition is a successful one. He presents a new actionable three-part framework distilled from best practices drawn from in-depth interviews with over 300 of the most forward-thinking leaders around thTable of ContentsForeword But Where to Begin? Introduction The First Promotion Becoming the Learning Leader PART ILEAD YOURSELF1 Lead Yourself on the Inside The Starting Point: Self-Awareness The Role of Curiosity Building Your Learning Machine The Cycle of Learning: The Operating Framework It’s All About Mindset 2 Lead Yourself on the Outside Why Self-Discipline Matters What Self-Discipline Looks Like Response Management Your Presence Is Required Managing Your Time Habits: The Power of Subconscious Action Win the Morning Preparation: The Greatest Medicine for Fear Details MatterPART I IBUILD YOUR TEAM3 Cultivate the Culture The Essence of Culture 69Earning the Right to LeadThe Elements of Respect Respect Defined Trust Vulnerability Ownership Competition as Culture Perception Rules Putting These Ideas into Action Dealing with Resistance 4 Manage the Roster The Power of Who Managing the Team You Inherit Hiring: What Are You Looking For? Firing: When Pruning Is Required The Great Performer Paradox PART I I ILEAD YOUR TEAM5 Spread the Message The Power of Story How Much and How Often Connection Persuasion How 6 Make the Grade Results Matter “You Have to Do All Three” The Freedom of Humility Managing Up Conclusion: The Payoff Acknowledgments Notes Index

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