CFO Bookshelf

Of all the books written about Warren Buffett, I am unaware of any authors who grew up in Omaha, Nebraska and went to school with his children.Todd Finkle is the author of Warren Buffett: Investor and Entrepreneur, a book that was fourteen years in the making.If you are a Buffett student, perhaps you will have heard several of Todd's stories, but are you aware of Buffett's numerous investing mistakes throughout the years or several of Charlie Munger's thoughts on behavioral investing?In this conversation, we also discussed three of my favorite stories in the book. My favorite is the five-hour conversation between Buffett and Davy Davidson, and Todd does a great job of filling in the details.You can find additional resources to the conversation on the show notes page.A Case Study In Corporate Fear"A Case Study in Corporate Fear" deconstructs how fear transforms successful...Listen on: Apple Podcasts   Spotify

John Rossman is making his second appearance on CFO Bookshelf. We interviewed him two years ago for one of our top 10 books of 2022, The Amazon Way, Amazon's 14 Leadership Principles.John's newest book which he co-authored with Kevin McCaffrey is Big Bet Leadership. Highlights from the conversation include:What is and what is not a big betA topic for low- and high-tech companies, bothBig bets are generally found in Day 1 organizationsSmall teams vs. R&D labsThinking, environment, managementThe power of writingThe portfolio of ideas with limited resourcesThe lightning round - lazy pivot, Chief Repeating Officer, quivers, MLPsJohn's recent favorite booksFull Show NotesA Case Study In Corporate Fear"A Case Study in Corporate Fear" deconstructs how fear transforms successful...Listen on: Apple Podcasts   Spotify

Gary Harpst co-founded the ERP solution Solomon Software, which was ultimately sold to Great Plains. The CFO Bookshelf enjoys Gary's work and past books, including Six Disciplines for Excellence and Six Disciplines Revolution.Gary's newest book has been 40 years in the making. The title is Built to Beat Chaos: Biblical Wisdom for Leading Yourself and Others. A few of the themes we cover in this conversation include:addressing the elephant in the room, the integration of faith in the workplacethe Great Plains storyA leader's first and second responsibilitythe reason Monet destroyed some paintingsthe reason a specific management system doesn't matter based on 1200 businesses studiedhow to get the 85% involved and the impact on one-to-one timethe 100-point exercisethe Harold Morgan storywisdom and tips for learning to mentor othersthe purpose and mission of LeadFirst.aiA Case Study In Corporate Fear"A Case Study in Corporate Fear" deconstructs how fear transforms successful...Listen on: Apple Podcasts   Spotify

A Beautiful Constraint by Morgan and Barden: is it a marketing, branding, psychology, or management book? Or is it all four?In this episode, Willy Donaldson (Simple_Complexity and Estimated Time of Departure) and I discuss five of the biggest ideas in the thought-provoking book A Beautiful Constraint. The authors state the goal is not to eliminate a constraint but to leverage it. Their book explains how.Below are some of the topics we addressed:the definition of a constraintGoldratt's definitionreasons you may not need to read the bookthe relationship between ambition and constraintsthe three-part continuum of thought: victim, neutralizer, transformerpath dependence and an impactful poemcan-if thinkingthe problem with too many resourcesthumbs up or thumbs downDuring the conversation, we mentioned this book would be a great master class where a one-hour conversation could provide all of the ideas and tools created by the authors. If you are not ready to read the book yet, this YouTube video by one of the authors is a great starting point.A Case Study In Corporate Fear"A Case Study in Corporate Fear" deconstructs how fear transforms successful...Listen on: Apple Podcasts   Spotify

Since starting the CFO Bookshelf podcast, I have released a ‘favorite books’ show each January. I’ve always been reluctant to do so because my reading tastes may differ from yours. However, these episodes are some of the most downloaded in our podcast catalog. In this discussion, I list my Top 10 books, honorable mentions, fiction, and even books that I did not like. Other insights include what and how much to read and if fiction matters.Access the ListA Case Study In Corporate Fear"A Case Study in Corporate Fear" deconstructs how fear transforms successful...Listen on: Apple Podcasts   Spotify

Many pricing books are heavy in ideas, abstractions, and behavioral science mind-shifting. Others are focused merely on simple tactics.Jean-Manual Izaret's (JMI) book, Game Changer, fills a void by showing readers and pricing practitioners how to approach pricing strategically through cleverly designed frameworks and thought-provoking questions.This conversation starts with who should read this book and why a cover-to-cover reading is unnecessary. Other topics include:Ford's greatest insightThe cupcake pricing dilemmaThe three pricing tools: elasticity, differentiation, game theoryThe reason why pricing methods and pricing strategy are not the same thingJMI's framework gridJMI's seven gamesBuyers, sellers, and offersA definition of pricing governanceA deeper dive into the uniform gameMicrosoft vs. IntuitNext steps for owners and pricing teamsJMI's favorite booksImportant LinksJMI's bio page at The Boston Consulting GroupTED Talk - A New Netflix-style Pricing ModelA Case Study In Corporate Fear"A Case Study in Corporate Fear" deconstructs how fear transforms successful...Listen on: Apple Podcasts   Spotify

CFO Bookshelf considers The Wisdom of Finance one of its favorite 25 business books.Mihir Desai combines abstract and obtuse finance concepts with literature, history, movies, and poems in his book, which was released in 2017.In this bookclub-style episode, we cover several of the themes Mihir highlighted in his educational and entertaining book:Bankruptcy (the history of Robert Morris)Options and Diversification (Pride and Prejudice)Value Creation (The Parable of the Talents)Corporate Governance (The Producers)Mergers (marriages)The Demonization of Finance (O Pioneers!)A Case Study In Corporate Fear"A Case Study in Corporate Fear" deconstructs how fear transforms successful...Listen on: Apple Podcasts   Spotify

One of the best books we've read on private equity is by Adam Coffey. The title is The Private Equity Playbook.Adam's newest book is based on a two-day presentation he gave on how to roll up an industry purposely and effectively. He turned his 300-plus page slide deck into the book Empire Builder: The Road to a Billion.Some of the topics we cover include:investing in what you knowa simple example using a mowing company and its unit economicsthe industry traits for empire buildingthe 30:1 rule for managersthe rule of 130price escalation clausesSandy OggFinancial diligence and proctology examsthe best way to read this five-hour bookImportant Links:Adam's websiteLinkedIn profileAdam's Forbes articlesShow Notes page at CFO Bookshelf A Case Study In Corporate Fear"A Case Study in Corporate Fear" deconstructs how fear transforms successful...Listen on: Apple Podcasts   Spotify

Since I am not a customer of Dunkin' Donuts, I know very little about their origin story. When Around the Corner, Around the World hit my reading radar, I was intrigued and was compelled to read it. I was pleasantly surprised because the book was a mini MBA on how to grow a small business into an international brand.Bruce Reed joins the host to uncover some of the big ideas in this book, including:working for a father after graduationknowing when and how to turn down a $7.5 million offerideas for quarterly board meetingsthe author's four management pillarslearning the art of exploitation and experimentationDrucker's advice on successionthe author's reading listA Case Study In Corporate Fear"A Case Study in Corporate Fear" deconstructs how fear transforms successful...Listen on: Apple Podcasts   Spotify

I had never considered the business aspects of pirating until I read Katherine Howe's newest book, A True Account: Hannah Masury's Sojourn Amongst the Pyrates, Written by Herself.Every ship's captain had a vision, as did the crew. A mission steered each voyage. The crew was kept in line with its bylaws or code of conduct. Loot was allocated based on a profit-sharing plan.In this conversation, Katherine reveals why moviegoers romanticize the golden era of pirating. Not only do we get a sneak preview of the characters and the plot in Katherine's new book, but we are also reminded of our country's history of public hangings and gibbeting.About Katherine HoweKatherine Howe is a New York Times bestselling and award-winning historian and novelist. She is the author of several novels for adults and young adults, has edited two volumes of primary sources for Penguin Classics, and is the co-author with Anderson Cooper of the #1 New York Times bestselling books VANDERBILT and ASTOR. You can follow her on the following social media links:Katherine's websiteAmazon author pageFacebookTwitterInstagramOur show notes for this episode are on the CFO Bookshelf website.A Case Study In Corporate Fear"A Case Study in Corporate Fear" deconstructs how fear transforms successful...Listen on: Apple Podcasts   Spotify