BusinessWeek magazine ranks the 10 best selling hardcover and paperback business books for October 2009 and gives a short summary.
1. The Accidental Billionaires: The Founding of Facebook A Tale of Sex, Money, Genius and Betrayal by Ben Mezrich. An unflattering portrait of Facebook founder Mark Zuckerberg.
2. A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers by Lawrence G. McDonald and Patrick Robinson. Lehman’s collapse, up close.
3. In Fed We Trust: Ben Bernanke’s War on the Great Panic by David Wessel. A vivid, disconcerting account of Ben Bernanke’s response to the financial crisis.
4. Outliers: The Story of Success by Malcolm Gladwell. As you’d expect with Gladwell, there are lots of surprises in his explanation of why some people succeed fantastically. Pluck and smarts get less play here than such matters as one’s birth month and access to the right resources at just the right time. There are many points worth pondering in this enjoyable volume.
5. Too Good to Be True: The Rise and Fall of Bernie Madoff by Erin Arvedlund. How Bernie Madoff was able to deceive so many smart people.
6. How The Mighty Fall: And Why Some Companies Never Give In by Jim Collins. The author of Good to Great: Why Some Companies Make the Leap… and Others Don’t has taken a look at the other side of the coin: What happens inside great companies that go bad. Collins found that the seeds of decline and decay are often sown—unnoticed—in companies at the top of their game. In this book, he explains how to spot the signs and stop decline before it goes too far.
7. How Successful People Think: Change Your Thinking, Change Your Life by John C. Maxwell. The 11 secrets successful people know (for only 10 bucks).
8. Betrayal: The Life and Lies of Bernie Madoff by Andrew Kirtzman. An examination of the influences that turned Bernie Madoff into King of the Ponzi-schemers.
9. Strengths-Based Leadership by Tom Rath. This is the latest of the “strengths movement” titles, all of which aim at helping readers recognize and polish their true talents. Here, the authors say they identify keys to leadership and help executives build effective teams.
10. Peaks and Valleys: Making Good And Bad Times Work For You–At Work And In Life by Spencer Johnson. The Who Moved My Cheese?: An Amazing Way to Deal with Change in Your Work and in Your Life author on finding the upside at work.
11. Made to Stick: Why Some Ideas Survive and Others Die by Chip Heath and Dan Heath. Entertaining and anecdote-packed, Made to Stick spells out six traits that can confer long life on an idea. In short, a good idea that is badly packaged might as well be a bad idea—so give your good ideas half a chance.
12. Tribes: We Need You to Lead Us by Seth Godin. The Internet can help locate and expand a “tribe,” or group of people connected to each other and to an idea. But every tribe needs leadership—and you can become that leader…so long as you have the helpful advice of marketing writer Godin, author of such previous marketing books as Purple Cow: Transform Your Business by Being Remarkable and Permission Marketing : Turning Strangers Into Friends And Friends Into Customers.
13. Free: The Future of a Radical Price by Chris Anderson. Why giving stuff away in business makes more and more sense in business—like it or not.
14. Who’s Got Your Back: The Breakthrough Program to Build Deep, Trusting Relationships That Create Success–and Won’t Let You Fail by Keith Ferrazzi. Don’t try to go it alone. Build an inner circle of trusted individuals.
15. House of Cards: A Tale of Hubris and Wretched Excess on Wall Street by William D. Cohan. Cohan’s hot-selling behind-the-scenes account of the financial recklessness at the heart of investment bank Bear Stearns’ collapse is a vividly told page-turner. It’s the definitive work, to date, on the events that signaled, and help set off, the financial crisis.