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  Featured Books Recent Books

Judgement on the Front LineJudgment on the Front Line: How Smart Companies Win by Trusting Their People
Noel Tichy and Chris DeRose

How many times have you heard an executive say, "People are our most important asset?" Despite the lip service, few companies really know how to tap the knowledge and abilities of their employees. So who's doing it and how can your company get better at it? U-M Ross Professor Noel Tichy and co-author Chris DeRose, MBA '96, lay out the how and why in their new book, Judgment on the Front Line: How Smart Companies Win by Trusting Their People. They show why front-line employees are vital to a company's success and how managers can tap their knowledge and give them the tools they need to be good decision-makers. Tichy and DeRose lay out successes at places like Google and Zappos and describe a five-step process companies can use to foster innovation and good decision making at all levels of the organization.

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The Changing Face of U.S. Patent LawThe Changing Face of U.S. Patent Law and its Impact on Business Strategy
Lynda Oswald

Protecting intellectual property and fostering innovation is more critical than ever in today's complex business world. A new book edited by U-M Ross Professor Lynda J. Oswald and Daniel R. Cahoy of Penn State's Smeal College of Business gives a detailed look at the U.S. patent system and how it impacts business strategy. Oswald, chair of Business Law at Ross, and her co-editor compiled the latest research and articles on U.S. patent law, including recent changes, court decisions, and the outlook for future strategy. The book serves as a tool for anyone involved in innovation, intellectual property, and patent law.

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Flourishing: A Frank Conversation About Sustainability
Andy Hoffman

Sustainability has fully permeated mainstream business strategy, but Professor Andrew Hoffman isn't pleased at how it's being translated. He and his mentor, retired MIT Professor John R. Ehrenfeld, have observed more mitigation, more "doing less bad," than transformation. Their new book, Flourishing: A Frank Conversation About Sustainability (Stanford University Press), deals with what sustainability should be, compared with what it's become.

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Customer Sense: How the 5 Senses Influence Buying Behavior
Aradhna Krishna

How did a scent become important for an airline? Why is eating a Hershey's Kiss so much different than eating a bar of the same chocolate? In her new book, Customer Sense: How the 5 Senses Influence Buying Behavior (Palgrave Macmillan, 2013), Professor Aradhna Krishna explains how these companies tap into sensory marketing — using visual, audio, tactile, olfactory, and taste cues not only to sell a product, but to engage customers. Krishna brings together the fields of neuroscience, psychology, and consumer behavior to show how our senses work, and how successful companies master this art to build powerful bands.

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Martian's Daughter: A Memoir
Marina Whitman

Professor Marina Whitman's life has been full of firsts. First woman on the president's Council of Economic Advisers. First woman to be chief economist and a group vice president at General Motors Co. As a pioneer for women in business and academia, Whitman also carried a family legacy that both opened doors and cast a shadow over her own career. She writes about living with this legacy — and provides an insider's view on some of the biggest moments in 20th century history — in her book, The Martian's Daughter: A Memoir.

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The New Emerging Market Multinationals
Rajeev Batra, Amitava Chattopadhyay, Aysegul Ozsomer

Emerging nations, long seen as a source of low-cost services such as manufacturing and IT support, now are home to a new breed of multinational company. These new players, stepping from the background and building global brands, pose a new and serious threat to established multi-national companies in North America, Europe, and Japan. "It's not about selling stuff at lower prices or being the supplier of private-label or original-equipment companies in the West anymore. These companies are learning to master design, R&D, and focused innovation. They are getting better at building brands and marketing overseas," says marketing professor Rajeev Batra.

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Innovation You: Four Steps to Becoming New and Improved
Jeff DeGraff

Professor Jeff DeGraff has spent his career initiating innovation inside such global organizations as General Electric Co., the Coca-Cola Co., Pfizer Inc., and Telemundo. Now he's taking that knowledge and applying it to personal improvement. DeGraff's first foray into self-help publishing, Innovation You, presents proven business strategies people can use to reinvent their own lives. He challenges some well-worn tenets of pop psychology and pushes readers to see beyond the blind spots. DeGraff takes his message to the airwaves this August in a televised special slated for national distribution on public broadcasting stations.

Read Q&A with DeGraff

Fighting Poverty Together: Rethinking Strategies for Business, Governments, and Civil Society to Reduce Poverty
Aneel Karnani

Despite the tremendous economic growth around the world in the past 30 years, the number of people living in poverty has gone up. And while economic growth is necessary for poverty reduction, it is not enough, says strategy expert Aneel Karnani. He proposes an approach that focuses on creating employment opportunities for the poor and increasing the population's productive capacities by ensuring basic public services. Business should provide truly beneficial, affordable products, and governments should regulate markets to protect vulnerable consumers, he says.

Read Q&A with Karnani

The Aging Consumer: Perspectives from Psychology and Economics
Norbert Swcharz, Carolyn Yoon, Aimee Drolet

By the year 2020, one out of every six Americans will be 65 or older. As the population ages, its preferences and habits continue to evolve. Yet how and why preferences change is a poorly understood phenomenon. Ross professors Norbert Schwarz (left) and Carolyn Yoon, along with UCLA Anderson School of Management's Aimee Drolet, compile the latest research in the field and delve into the practical and theoretical findings that lie at the fascinating intersection of psychology and economics.

Read Q&A with Schwarz & Yoon

Next Generation Business Strategies for the Base of the Pyramid: New Approaches for Building Mutual Value
Ted London, Stuart L. Hart

During the last decade, first-generation base of the pyramid ventures focused primarily on "finding a fortune" by selling goods to and sourcing familiar products from the world's four billion poorest people. Many of these initiatives did not scale, and some failed outright. But through that experience, crucial lessons have been learned. In this book, co-editors Ted London (left) and Stuart L. Hart deliver next-generation techniques to build successful business ventures, create sustainable business ecosystems, design new technologies with the BoP in mind, and even transform entire sectors through collaborative entrepreneurship.

Read Q&A with London and Hart

Leading Under Pressure
Erika Hayes James, Lynn Perry Wooten

If recent history is any guide, managing under pressure appears to be the new normal. There’s always a crisis somewhere, and thanks to 24-hour news and instant communication, stakeholders inside and outside an organization are able to apply collective (and often relentless) pressure on management. Here, leadership expert Lynn Perry Wooten and co-author Erika Hayes James provide methods to identify and mitigate a crisis before one erupts — and then synthesize lessons culled from the experience.

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Proactive Law for Managers: A Hidden Source of Competitive Advantage
George Siedel and Helena Haapio

Savvy managers no longer look at contracts and the law reactively but use them proactively to reduce costs, minimize risks, protect intellectual property, and create value. In this book, Siedel and co-author Helena Haapio address ways to design contracts and contracting processes to promote business success and prevent problems. Learn how to secure talent while avoiding employment pitfalls, deal with government regulations, and use intellectual property to seize sustainable strategic advantage.

Read Q&A with Siedel

Afuah

AfuahThe African Paradox: Is China the Solution?
Allan Afuah

Why is Africa so poor? Author Afuah argues that it’s not because of corruption, colonialism, slavery, tribalism, war, and disease. Rather, it’s because Africa has not learned how to create value – it has failed to learn how to make the products or offer the services that people need. Why has it failed to learn how to create value? This book offers five reasons. It also offers five things Africa must do to start eradicating poverty.

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Ulrich

Why of WorkThe Why of Work
Dave Ulrich and Wendy Ulrich

According to studies, we all work for the same thing — and it's not just money. It's meaning. Through our work, we seek a sense of purpose, contribution, connection, value, and hope. That's the simple but profound premise behind The Why of Work. Dave and Wendy Ulrich talked to thousands of people — from rank-and-file workers to clients and customers to top-level executives — and synthesized major disciplines to identify the "why" behind our most successful experiences.

Read Q&A with Ulrich

VR

PoCCThe Power of Co-Creation
Venkat Ramaswamy and Francis Gouillart

In this pathbreaking book, Venkat Ramaswamy and co-author Francis Gouillart illuminate ways that every organization can achieve "win more-win more" results by practicing co-creation with customers, suppliers,  and other stakeholders. The Power of Co-Creation delivers detailed examples culled from the authors’ own experience and research with such  leading firms as Cisco, GlaxoSmithKline, Amazon, Jabil, Predica, Wacoal, Caja Navarra, and more.

Read Q&A with Ramaswamy

Krishna

Sensory MarketingSensory Marketing: Research on the Sensuality of Products
Edited by Aradhna Krishna

Appealing to the consumer's multiple senses, including touch, taste, smell, sight, and sound, can help establish a deep sense of brand loyalty that resonates long after the marketing message has been sent. In the new book Sensory Marketing: Research on the Sensuality of Products, Krishna has compiled the first volume of cutting-edge research that brings together sensory marketing's core pioneers.

Read Q&A with Krishna

Hoffman

Builder's ApprenticeBuilder's Apprentice
Andrew Hoffman

In 1986, Hoffman quit an engineering job, declined acceptances for graduate school at Harvard and Berkeley, and accepted a carpenter's job in Nantucket.  Unbeknownst to him, he had entered the world of high-end custom building. Builder's Apprentice is a book about his personal and professional growth along that journey, from apprentice to builder through the tutelage of a seasoned and hard-nosed builder. At its core, it's a coming-of-age story, a celebration of the pursuit of creative impulses, and a story about defying the rules and finding a personal calling in life.

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Brockbank

HR Transformation: Building Human Resources From the Outside In
Dave Ulrich, Wayne Brockbank (pictured), Jon Younger, and Mark Nyman

HR Transformation starts with the premise that HR’s value is defined by meeting the needs of multiple stakeholders. The book synthesizes a clear four-step process that HR leaders and line managers can use to position their organizations within their market context. By accomplishing both an internally and externally focused transformation, HR can play a central role in helping companies face competitive challenges and drive business performance and growth.

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Quinn

Lift: Becoming a Positive Force in Any Situation
Robert Quinn and Ryan Quinn

We all want to have a positive impact, but often, despite our best intentions, we're tripped up by subtle psychological states we're not even aware of. It doesn't have to be that way. Lift combines cutting-edge social science and real-world examples to describe four mindsets that will help shed light on unconscious ways people hold themselves and others back. The book offers tested, practical guidelines and practices for exerting positive influence in any situation.

The Lift Blog

Svejnar

Labor Markets and Economic Development
Edited by Jan Svejnar and Ravi Kanbur

As developing and transition economies enter the next phase of reforms, labor market issues increasingly come to the fore. With the increased competition from globalization, the discussion is shifting to the need for greater labor market flexibility and the creation of "good" jobs. Moreover, the greater actual and perceived insecurity in labor markets has generated a new agenda on how to structure safety nets and labor market regulation. It is clear that an accurate understanding of how labor market structures function is essential to analyze alternative policy proposals in the wake of these concerns. Labor Markets and Economic Development compiles new work by leading labor economists to address these timely issues.

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Afuah

Strategic Innovation: New Game Strategies for Competitive Advantage
Allan Afuah

In today’s fast-changing business environment, firms that want to remain competitive must also be innovative. Innovation is not simply developing new technologies into new products or services, but in many cases finding new models for doing business in the face of change. It often entails changing the rules of the game in order to gain a competitive advantage. Strategic Innovation demonstrates how to create and appropriate value using “new game” strategies in the face of rapid technological change and increasing globalization. Afuah gives a thorough examination of contemporary strategy from an innovation standpoint with several key advantages, including a detailed, change-inclusive framework for assessing the profitability potential of a strategy or product.

Read Q&A with Afuah

Kennedy

The Services Shift: Seizing the Ultimate Offshore Opportunity
Robert Kennedy with Ajay Sharma

By now, most business people, pundits, and politicians in the U.S. and other developed nations have come to grips with the phenomenon of manufacturing jobs moving offshore.  But a far bigger wave of change is approaching the shores of those same developed nations: the globalization of services. Where are the jobs going? Which companies benefit—or could benefit? How exactly does services offshoring work? How do you "get in the game"? Who makes a good partner? And what are the policy implications? The Services Shift answers all these questions, and more, offering powerful insights for managers, public policymakers, and citizens alike.

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