Sunday, June 29, 2014

Disruptive Genius


Michael Jackson, Inc: The Rise, Fall and Rebirth of a Billion-Dollar Empire – Zack O’Malley Greenberg (Atria Books)

Before the likes of Russell Simmons, P-Diddy and Jay Z ever came along to build empires based not only on their music business savvy; spinning of wide ranging and diverse business empires there was there was Michael Jackson.

Forbes Magazine senior editor, Zack O’Malley Greenburg tracks Jackson’s musical genius, which spawned his business genius, from the beginning days of his career in Gary, Indiana; being managed by the Jackson family’s hard-nosed patriarch, Joe Jackson, and the start of the Jackson 5. Michael Jackson, Inc: The Rise, Fall and Rebirth of a Billion-Dollar Empire takes us forward through his meteoric solo/business career, his financial downfall and his after death, rebirth of the Jackson empire.

Greenburg recounts the King of Pop’s financial downfall, which can be tied to legal troubles and confrontations with the likes of slimy “journalists” like Martin Bashir who focused on Jackson’s at times less than stellar life choices. While his undeniable musical genius could not always over-shadow the ills and allegations that Jackson faced during his period of financial and personal difficulty, his untimely passing could.
 

While so may find it hard to comprehend, Greenburg recounts that since his death five years ago, the Jackson estate has generated nearly half of his life time career earnings, which exceed one billion dollars.

With the current and future projects on the drawing board it is easy to speculate that Michael Jackson, Inc, will easily and quickly usurp that figure within the next few years. Without new personal foibles to derail any progress and his popularity still intact, the Jackson estate is on stable footing to continue that rapid growth position.  

How Much Is Enough?

Conform – Exposing the Truth About Common Core and Public Education – Glenn Beck (Threshold Editions/Mercury Radio Arts)

For years when it comes to public education, I have been asking the question; how much is enough? That simple question has now taken on a much greater meaning; while I was asking it about from the straight forward financial perspective, with the advent of Common Core, that question has now expand to include government control of our and our students lives.

Media mogul Glenn Beck offers up the second installment in his Control series; Conform – Exposing the Truth About Common Core and Public Education, which offers up a basic primer not only on the roots and breadth of Common Core, but also spells out a broad based break down of systemic problems with the U.S. public education system.



Naturally, because Beck is who he is, this will no doubt engender howls of protest and name-calling, but the fact of the matter is he does arm folks with the basic understanding they need to fight back against Common Core before it becomes deeply engrained in the education system. While the career path training may sound good and has certainly proven the strange bedfellows analogy by drawing interest and support from the U.S. Chamber of Commerce and business organizations across the U.S., the longitudinal computer tracking of students through out there educational career and on into their career path is downright scary.

Clearly, anyone with even a modicum of common sense will recognize that Common Core’s twisted approach to education will do nothing to improve outcomes and sets up the perpetual argument that the only reason why it failed is of course, because we didn’t spend enough money! Not that it was doomed to fail from the start.

The U.S. education system is beyond repair until we address the systemic issues that have become deeply seated and are protected by education fiefdoms and teachers unions. Taxpayers are saddled with too many school districts that duplicate too many administrative functions at too great a cost. The city that I grew up in upstate New York is divided into four separate school districts in a relatively small geographic area. There are 500(!) school districts spread across the 67 counties that make up Pennsylvania; that means 500 school superintendents, 500 district administrative staffs and the high costs inherent to these systems.

Unions are designed to do two things; perpetuate unions and protect the worst teachers, keeping them in the classroom and subjecting students to their mediocre skills. Until we create a system that properly measures and rewards highly skilled teachers and frees those less than stellar teachers to pursue their true career path, we will continue to lag behind the rest of the world in educational outcomes.

Tuesday, June 3, 2014

Business at The Beach - Summer Business Reads

Traditional thinkers will tell you that “beach reads” are realm of thrillers, mysteries and other lighter fare. While I love a good thriller, I for one think sand between my toes should not limit my ability or desire to learn. Here are a stack of my recommendations for business books to take along on your next jaunt to a sandy stretch or wherever you choose to relax and unwind; some might even give you inspiration for when you head back to the grind.

The Obstacle Is The Way – Ryan Holiday (Portfolio Books)

I love the basic concept of this book and the fact that I think anybody in business can relate to the idea putting maybe too much effort into avoiding that issue, project, or report that stares at us from the corner of the office. As much as we hope, wish, ignore or just generally try to avoid it, it never really goes away and with the passing of time it starts to loom even larger.


In The Obstacle Is The Way, author Ryan Holiday shows us how to avoid the traps of fear, frustration, confusion, helplessness and even anger and find our way to the answer that more often than not is part and parcel of the issue that we are stymied by. Simply put, you can’t avoid your way to success, but you can apply the same principles have put into play by successful leaders stretching back to the Roman Empire.

This is a great read for wherever you are in your leadership career; just starting out on the leadership track, mid-cycle looking to take that next step or a seasoned pro seeking new inspiration to fuel your fire.

Mistakes I Made at Work – Edited by Jessica Bacal (Plume Books)  

I am always intrigued by trends or what I perceive as a trend and their seems to be a noticeable movement in the business world to celebrate…failure! Well maybe celebrate is a strong word, but recently there have been a number of pretty solid books that at the very least highlight, the opposite of success.

While not necessarily focusing on failure, Jessica Bacal has done an admirable job of getting 25 women from widely varied fields with equally diverse levels of success to sit down and talk on the record about some of their less than stellar moments in the workplace in Mistakes I Made at Work. Along the way Bacal also avoids falling into a rut of all too similar areas of business misadventure.


I found her approach of doing a brief set up of each of the participants background/careers, followed by the subject putting things in their own words and then wrapping the short essays with a handful of bullet point takeaways to be easy to digest and an effective tools for sharing useful information.

The Elements of Journalism – Bill Kovach & Tom Rosenstiel (Three Rivers Press)

Certainly not a “traditional” business book, Bill Kovach and Tom Rosenstiel are the authors of The Elements of Journalism, what is widely considered one of the definitive treatises on journalism. In this revised and updated third edition of the book Kovach and Rosenstiel have accounted for the changing journalistic landscape to include the exponential growth of social media.


With the rise of content marketing, native advertising and business news operations, this makes for a great primer for those who are approaching content development and production from a non-journalism background. Re-reading this classic provided me with a handful of aha moments that I can put to use in my own content marketing operation.

Essentialism – The Disciplined Pursuit of Less – Greg McKeown (Brown Business Books)

If you’re old enough to remember The Ed Sullivan Show, then you likely also remember the amazing talents of Erich Brenn, a regular on the show, famous for his act where he kept a set of plates spinning on sticks. (You can search YouTube if you’ve never seen it.) Anyone who is part of the current, “do more with less approach” to business can probably relate to Mr. Brenn’s often frantic, frenetic challenge to keep the plates spinning.


Now Greg McKeown, cited as a “leading essentialist” offers up Essentialism – The Disciplined Pursuit of Less, but don’t confuse this with a way to get more things done in less time, or to better manage your calendar; it really boils down to a new approach to thinking that focuses your efforts only on what truly matters. Those essentials are where the wins are and are the things that produce your highest level of satisfaction.

Imagine a world where all of the extraneous (for lack of a better word) bullshit that so often bogs us down was cast out and your energy could be focused on those essential elements. It’s an appealing thought, but it possible to be within reach? That’s where the biggest challenge lies for most of us.

Duct Tape Selling – Think Like A Marketer – Sell Like a Superstar – John Jantsch (Portfolio Books)

Does the thought of picking up the phone and making a cold call leave you shaky and busting out in a cold sweat? Does trying to make a sales script sound “natural” push you to the brink of your sanity? Then John Jantsch may have the perfect solution to your woes in the form of Duct Tape Selling -Think Like A Marketer – Sell Like a Superstar.

Jantsch plays a high value on becoming a subject matter expert and then connects the dots between developing and executing a platform and converting that expertise into sales. While there are plenty of books detailing content marketing and platform, Jantsch makes the missing connection to actual conversion. Content without conversion is just more stuff and nobody is looking for more stuff! This is truly where the rubber meets the road.