rebeccalund's blog

Add this book to your business reading list - "What They Don’t Teach You at Harvard Business School  Notes from a Street Smart Executive", by Mark H. McCormack.  This business book was recommended to me as good reading for business start-ups and growing a business.  Despite being published in 1984, much of the book is still applicable today.  Mr. McCormack’s main argument is that experience matters as much if not more than education in business.  The book is divided into three sections; People, Sales and Negotiation, and Running a Business.  It is apparent in reading that Mr. McCormack is very strong in the Sales and Negotiation area of business, but he has lots of common sense advice about growing a business too.

This month in our Small Business Edition of our Newsletter we focused on employee relations.  Entrepreneurs can offer unique experiences and opportunities to potential employees.  A small business can offer talented individuals a showcase for their talents. It can offer the opportunity to be creative and proactive within their position; in addition to learning new skills to enhance future positions.  Larger businesses are often dissected into such small job descriptions that an "outside the box" thinker can become discouraged.  Small businesses need to remember the advantage of being able to offer a good outlet for employees looking to utilize their skills.

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I just finished reading The Speed of Trust – The One Thing that Changes Everything by Stephen M.R. Covey. This Stephen Covey is the son of Stephen R. Covey author of 7 Habits of Highly Effective People.  Stephen M.R. Covey has many leadership credentials similar to his father. The subject of this book is how to create and restore trust in our professional and personal lives. His theory is that trust effects speed and cost in out lives. When trust goes down, speed goes down and costs go up. Covey first defines the trust process into the “Five Waves of Trust.” The real heart of the book is in the outlining of the “13 Behaviors of Trust” that is in the following chapters. These include: demonstrate respect, righting wrongs, delivering results, practicing accountability, and other similar subjects. The discussion of these 13 Behaviors explore and explain the dynamics of how trust can be built in relationships. The only disappointment of this book is that some of Covey’s examples seem lengthy and somewhat unnecessary to make his point.