Rarely does a book on economics and finance entertain in the way that Michael Lewis achieves with The Big Short. Not only is it a great read but The Big Short also explains how financial products and practices worked and effectively brought the financial world to brink of total collapse. Michael Lewis has pulled off a tour de force; he has created a financial thriller with a great story of greed, possible fraud and incompetence whilst clearly explaining complex financial ideas. In the end, a few small funds succeed in beating the frighteningly incompetent big financial institutions and for once, it is a true story.
In Aerotropolis John Kasarda and Greg Lindsay suggest that the future lies with cities that are designed and built round airports. The airports provide a focus for business and jobs. Globalisation means frequent business travellers want easy connection between home and airport. Yet it may all be a utopian view whose time has passed.
The ideas in Aerotropolis are interesting and challenging. They are based on John Kasarda’s extensive academic, consulting and proselytising work. The book is structured around a series of case studies of airport and city development since commercial flight began. However the principal coverage is of the period since the Second World War with particular consideration of the use of the aerotropolis model as a vehicle for economic development in emerging markets.
The Myths of Innovation is an interesting and challenging take on innovation and the creative process. It cuts through the many myths associated with creativity and especially breakthrough “Eureka!” moments.
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Business intelligence, decision support systems or data warehousing are ideas that keep appearing. Analytics at Work is a guide to implementing the ideas in Competing on Analytics. With Competing on Analytics Davenport and Harris provided a new vision for using business data as tool for effective competitive strategy.
Now Analytics at Work addresses the practical framework for implementing business intelligence software and analytical decision making processes. It stresses the importance of leadership in making analytics work as part of fundamental business change.