The Power of the Written Word

This article will focus on the acquisition oftake for a business to achieve and maintain
knowledge through learning by reading. While theresuccess in the rapidly changing global economy.c.
are certainly numerous other ways to learn"Blue Ocean Strategy" authored by INSEAD
(experience, classroom instruction, digital learning,professors W. Chan Kim and Renee Mauborgne.
etc.) I am a huge fan of the benefits ofThis book argues the premise (and successfully
professional development gained from goodso in my opinion) that tomorrow's leading
old-fashion reading. Someone once said "you arecompanies will succeed not by battling competitors
what you read" and while I think there is farin overly competitive markets for thin margins
more to the equation of our individual make-up(bloody "red oceans") but by creating "blue
than our choice of reading material there is alsooceans" of uncontested market space ripe for
an element of truth contained in thegrowth.2. Periodicals, Trade Publications and
aforementioned quote.If I told you how muchIndustry Journals: Again, not being able to address
time I spend reading and researching you probablythe specific needs of each reader you must make
wouldn't believe me, but suffice it to say I am ayour own choices here as well. However being
voracious reader. I subscribe to online clippingaware of industry trends, competitive positioning,
services, use RSS feeds to scour news groups,who the thought leaders are, etc. are all critical to
forums and the Blogosphere, usually have at leastyour success. Pick the top couple of publications in
two books going at any one time as well asyour industry, sector, vertical or micro-vertical and
reading a variety of industry publications andpour-over the content looking for opportunities to
periodicals. That being said, I'm always amazed atexploit. Most print publications now also have
the number of executives who don't keep upInternet versions or digital newsletters that can
with their professional reading.Here is a tellingbe subscribed to as well. I typically always have a
observation...According to surveys conducted byprint copy of a periodical in my brief case, one on
our leadership development practice a very largemy night stand, and several in my office. My
common denominator shared by executives whofavorite general business publications are The
feel that they are not achieving the level ofEconomist, Chief Executive, Fast Company,
success they feel themselves capable of is thatBusiness 2.0 and Wired.3. Digital Media: Blogs,
many of them are "too busy to keep up withForums, News Groups, News Portals, Clipping
their reading", Hmmm...Reading should not beServices and other aggregators: Select an
something that is done when you're bored orappropriate cross section of all of the
have nothing better to do, rather it needs to beaforementioned options. What I particularly like
incorporated into your daily regimen. I haveabout this genre is that it is often "real time"
personally worked with literally hundreds ofinformation as opposed to other mediums that
C-suite executives and without question the mosthave a built in latency factor. Another benefit is
successful professionals are those that constantlythat much of the content produced in this
seek out learning opportunities and are voraciousmedium is not from the typical industry pundits,
readers. They realize the importance of learningbut rather true "in the trenches" thought leaders
and make reading a priority.Think of the businessthat see things coming long before journalists
leaders that have had the biggest positive impactreport it in the news or the so-called gurus publish
in your life and I'm sure you'll find that theseit in their latest book. This medium has been my
individuals were in constant search of new andpreferred reading choice for a number of years
better information that they in turn used tonow because it is extremely productive and time
inspire, motivate and lead those around them.Theeffective. I subscribe to a number of blogs, news
question is not should you be reading, but rathergroups, forums and clipping services because I'm
what should you be reading? With the plethora ofable to be "pushed" content that I've asked for in
reading material on the market today it not aa medium that I enjoy. If you are not a heavy
simple thing to make sure that you're covering allconsumer of online information you are truly
the bases in a time efficient fashion. Thereforemissing the boat...4. Personal Reading: Read
the following tips were designed to help youwhatever you enjoy...personal development,
streamline your reading efforts:1. Books: Youspiritual reading, fiction, etc. However keep in mind
should always be engaged in the reading of atthat it does little good to feed your brain if you're
least one book on professional development. Sincenot feeding your soul first. I'm not going to preach
I can't speak to the individual needs of ourand I realize that our readers have different
readers in this forum I am simply going toreligious preferences so you decide what reading
recommend what I believe are the 3 best generalmaterial should fall into this category. I'm also not
business books authored over the past 5 years.going to tell you how much time you should
These books can have an immediate impact onallocate to this category, but I would suggest you
the way in which you think about, and conductponder what is truly important in life and make
business. If you haven't read them start here:a.your investments where they will pay the biggest
"The Attention Economy" authored by Accenturedividends. I will leave you with one of my favorite
consultants Thomas Davenport and John Beck.quotes, Billy Graham said: "If I could go back and
This book delves into the critical importance ofchange one thing in my life I would read more of
understanding both sides of the attention equation:the Bible and less about the Bible."Mike Myatt is
"getting and holding the attention ofthe Chief Strategy Officer at N2growth.
information-flooded employees, consumers, andN2growth is a leading venture growth consultancy
stockholders, and on parceling out their ownproviding a unique array of professional services
attention in the face of overwhelming options.to high growth companies on a venture based
The resolution: learn to manage this critical yetbusiness model. The rare combination of branding
finite resource, of fail.b. "The World Is Flat"and corporate identity services, capital formation
authored by three time Pulitzer Prize winner andassistance, market research and business
New York Times journalist Thomas L. Friedman.intelligence, sales and product engineering,
This book begins with a historical view of theleadership development and talent management,
world which leads to riveting and perceptiveas well as marketing, advertising and public
conclusions based upon both the macro and microrelations services make N2growth the industry
economic effects of globalization and what it willleader in strategic growth consulting.