Archive for Book Review

BOOK REVIEW: The Fortune at the Bottom of the Pyramid

October 10, 2009 No Comments

In the first edition of this book (the complete original text of which is reproduced in this new edition) Prahalad highlighted the reasons for the failure of traditional approaches to poverty alleviation – and explored some tremendously successful innovations in this area driven by the efforts of large established enterprises

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BOOK REVIEWS: False Economy

October 4, 2009 No Comments

While economic history cannot provide truth or reality, it may reflect a measure of wisdom. So the fun (or perhaps frustrating) thing about economic history is that whichever way one looks at it, it will always be wrong (unless you are the person making a particular point).

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How to Win Friends and Influence People – Quickly and Easily

September 5, 2009 No Comments

The sun and the wind were arguing about who was the strongest. The wind pointed at an old man. The wind said that he’d prove his strength by getting the man to remove his coat. He blew and howled and blew some more. The old man clung to his coat more than ever. When the wind finally gave up, the sun came out from behind a cloud and shone brightly. Soon the man was wiping his forehead and removing his coat.

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BOOK REVIEWS “We need to talk” – Tough Conversations with your Employee

July 3, 2009 No Comments

A book like Tough Conversations with your Employee is a good starting point to learn the skill of confronting difficult situations and conducting the necessary conversations with skill; even if they are terrifying.

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Book Review: How to be useful

June 5, 2009 No Comments

Author: Megan Hustad Publisher: Simon & Schuster (2008), 232 pages “How to be useful” is a wide-ranging review of some of the business literature of the ‘how to advance yourself in society and in business’-genre published over the past 150 years. It would appear that the more things change, the more they stay the same, ...

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Book Review: The Spirit Level

May 31, 2009 No Comments

Authors: R Wilkinson & K Pickett Publisher: Allen Lane, an imprint of Penguin Books (2009), 331 pages The central message of The Spirit Level is that (at least amongst the world’s developed economies) the more egalitarian societies (like Norway and Japan, for instance) appear to function much better than more unequal societies (like the US ...

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OTHER ADVANTAGES OF UTILISING YOUR HOMELOAN AS A SAVINGS ACCOUNT

You will have seen from the examples above that you can save thousands of Rands and settle your bond...

PAY YOUR INSTALMENT AS SOON AS POSSIBLE, PAY IN ADVANCE, AND NOT ARREARS

If you change jobs and your payday changes, ensure that you notify the bank immediately. Paying just 2 day...

BUY WELL WITHIN YOUR MEANS

A lot of people make the mistake of buying a house very close to the maximum for which they...

DO NOT ALLOW THE BANK TO ADD ON COSTS

Today’s competition between banks for bond business is very strong. This results in them making various offers to their...

TAKE A MAXIMUM TRAVEL ALLOWANCE

This piece of information is closely related to the section on not taking a 13th cheque from your employer....

DO NOT REDUCE PAYMENTS WHEN INTEREST RATES DECREASE

In South Africa, interest rates are often subject to wide fluctuations with little warning. When rates decrease, the banks...

DO NOT TAKE A 13TH CHEQUE

A popular practice amongst companies today is to allow staff to decide whether or not they would like a...

USE YOUR “DORMANT” MONTHLY FUNDS

These examples show how much you can benefit simply by placing funds which you only need at a later...

Home Loan Series Vol 2

The problem, as discussed in the previous article, is the capitalisation of interest, over and over again EVERY MONTH...

Homeloan Series Vol 1

The purpose of this series of articles is to provide bondholders in South Africa with practical and simple methods...