The following is a list of the bestselling hardcover business books as ranked by the Wall Street Journal with data from Nielsen BookScan on May 3.
1.The Big Short: Inside the Doomsday Machine by Michael Lewis. The sequel to #1 best-selling Liar’s Poker examines the issue of who understood the risk inherent in the assumption of ever-rising real estate prices, a risk compounded daily by the creation of those arcane, artificial securities loosely based on piles of doubtful mortgages.
2. StrengthsFinder 2.0: A New and Upgraded Edition of the Online Test from Gallup’s Now, Discover Your Strengths by Tom Rath. Are you unsure where your true talents lie? Do you feel that you are both a person who gets things done and someone who offers penetrating analysis? Well, you can discover whether you are truly an “achiever” or an “analytical” by completing the online quiz. Then, the book will give you “ideas for action” and tips for how best you can work with others. More of a patiencetester than Strengthsfinder, the quiz/book is probably best for those who have lots of time on their hands.
3. 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown by Simon Johnson. Johnson, professor at the MIT Sloan School of Management, and Kwak, a former consultant for McKinsey, follow American finance’s rocky road from the debate between Jefferson and Hamilton over the first Bank of the United States through frequent friction between Big Finance and democracy to the Obama administration’s responses to the crises.
4.Â The Total Money Makeover: A Proven Plan for Financial Fitness by Dave Ramsey. Debt reduction and fiscal fitness for families, by the radio talk-show host.
5. 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown by Simon Johnson and James Kwak. A wide-ranging, meticulous, and bracing account of recent U.S. financial history within the context of previous showdowns between American democracy and Big Finance.
6. Switch: How to Change Things When Change Is Hard by Dan Heath and Chip Heath. The Heath brothers (coauthors of Made to Stick: Why Some Ideas Survive and Others Die) address motivating employees, family members, and ourselves in their analysis of why we too often fear change.
7. The Five Dysfunctions of a Team: A Leadership Fable by Patrick Lencioni. The author targets group behavior in the final entry of his trilogy of corporate fables. When the instructional tale is over, Lencioni discusses the “five dysfunctions” (absence of trust, fear of conflict, lack of commitment, avoidance of accountability, and inattention to results) and provides a questionnaire for readers to use in evaluating their own teams and specifics to help them understand and overcome these common shortcomings.
8. Drive: The Surprising Truth About What Motivates Us by Daniel H. Pink. What really motivates people is the quest for autonomy, mastery and purpose, not external rewards.
9. Good to Great: Why Some Companies Make the Leap… and Others Don’t by Jim Collins. The author of Built to Last: Successful Habits of Visionary Companies examines the question “How can good companies, mediocre companies, even bad companies achieve enduring greatness?”
10.Â Rework by Jason Fried and David Heinemeier Hansson. The authors admonish readers to stop talking and start working.