List of Business Books Recommended by MBA studentsBy Ernest Hamilton, UniversityHerald Reporter
When a student has a desire to get an MBA degree and the admission process begins, the level of your knowledge and personal development matters. Your chances of becoming a student in one of the programs will increase significantly, if you know the details of the future specialty, orient yourself with the basic concepts when applying for a speciality. Reading books can be a great way to broaden your horizons, and by reading books that MBA students advise you can fully prepare for your upcoming studies and surprise the admissions committee with your professional thinking.
That is why Pro-Papers experts who are working on provision of writing services decided to talk with successful current students of the best business schools and graduates of the best MBA courses who have already established themselves as successful businessmen, to make their list of the top 8 books that are included in the mandatory MBA program of all the leading business schools in the world. Acquaintance with at least a few of them and immersion in material directly related to the preparation of an MBA will allow you to be one step ahead of everyone who wants to get a desired chance to study in business school.
1. "Positioning: a battle for your mind", Jack Trout, president of Trout & Partners
Being the classics of marketing, this book tells about the number one business strategy in the world - positioning. How to find obvious reasons to buy your company's products and services? How to inspire customer confidence? The author of the most popular and successful business strategy for today offers time-tested ways to implement it.
2. "The Minto pyramid principle. Logic in Writing, Thinking, & Problem Solving", Barbara Minto, McKinsey & Company's partner.
Barbara Minto, the first female consultant at McKinsey & Company, proved that by following certain rules you can write any texts very clearly. The Minto technique is used as a standard for work at McKinsey & Company and other major consulting companies. Barbara Minto teaches at Harvard, Stanford, Chicago business schools, as well as in major US and European companies.
3. "Gemba Kaizen: Commonsense Low-cost Approach to Management" Masaaki Imai
The author is often called the founder of the kaizen system. Imai became the first and main distributor of the philosophy of this system throughout the world. "The teacher of thrift" with its many years of experience has proved that he knows exactly how to make any company economical, efficient and successful.
4. "Structure in Fives. Designing Effective Organizations", Henry Mintzberg, professor of the leading business school of the world INSEAD
Henry Mintzberg is an outstanding personality in the field of management. This man, according to The Wall Street Journal, is one of the ten most influential thinkers on the management of organizations. His book is the most detailed and complete work to build an effective organization of labor in a company. The author examines various organizational models and their elements, showing how an experienced manager can keep them all "in his fist", designing the organization at his own discretion. Knowing how the organizational system is organized from the inside, you can freely manage it - and build a successful company.
5. "Reengineering the Corporation", James Champi, co-founder of the CSC Index consulting firm, Michael Hammer, President of Hammer & Company
This book is included in the list of mandatory literature on management in all the leading business schools in the world. The authors very simply talked about how to fundamentally restructure the business in order to achieve the best results. They were the first to introduce the concept of reengineering into the business lexicon.
6. "Strategic Management", Igor Ansoff, Professor at American International University, President of Ansoff Associates International
Famous American scientist Igor Ansoff created a language and methodology that can be adopted by managers and used to make strategic decisions.
7. "Emotional Leadership", Daniel Goleman, a world-renowned psychologist, was twice awarded the Pulitzer Prize for articles published in the New York Times.
Due to this book the concept of emotional intelligence came into the spotlight. It turned out that for the manager it is more important than IQ. The higher a person is by status, the stronger his/her emotional intelligence must be developed, otherwise he/she will not be able to keep up at such a height. People come to the company, and leave from the chief. A good leader is a bit like a psychological support worker. How to manage your own emotions and feelings of subordinates? How to use various psychological techniques to lead people, to achieve the results you need from them? Goleman speaks about this and many other things in his famous book.
8. "Blue Ocean Strategy. How to find or create a market that is free from other players", Chan Kim, director of the Institute of Blue Ocean Strategy INSEAD, Rene Mobron, professor of strategy at INSEAD
The blue ocean strategy, developed by professors from the French business school INSEAD, is so popular in the world that it has been studied in other leading international business schools. The authors propose to completely abandon the competition. They believe that it is necessary to develop new, previously non-existent markets, where there are practically no competitors ("blue ocean"), instead of competing with many companies in low-profit existing markets ("red ocean"). In the book, Chan Kim and Rene Mobron offer 150 (!) Successful strategies for developing new markets in 30 (!) Industries.