HR Management & Compliance

Hot List: Wall Street Journal’s Bestselling Hardcover Business Books

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 24.

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. Crisis Economics: A Crash Course in the Future of Finance by Nouriel Roubini. Drawing on the parallels from many countries and centuries, Roubini and Stephen Mihm, a professor of economic history and a New York Times Magazine writer, show that financial cataclysms are as old and as ubiquitous as capitalism itself.

4.  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. 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.

6. The Referral Engine: Teaching Your Business to Market Itself by John Jantsch. The secret to generating referrals lies in understanding the “Customer Referral Cycle” — the way customers refer others to your company who, in turn, generate even more referrals. Businesses can ensure a healthy referral cycle by moving customers and prospects along the path of Know, Like, Trust, Try, Buy, Repeat, and Refer. If everyone in an organization keeps this sequence in mind, Jantsch argues, your business will generate referrals like a well-oiled machine.

7. 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?”

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. 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.

10. Who Moved My Cheese?: An Amazing Way to Deal with Change in Your Work and in Your Life by Spencer Johnson and Kenneth Blanchard . This story is about adjusting attitudes toward change in life, especially at work. Change occurs whether a person is ready or not, but the author affirms that it can be positive. His principles are to anticipate change, let go of the old, and do what you would do if you were not afraid.

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