The Money Makers: How Extraordinary Managers Win in a World Turned Upside Down was written by Anne-Marie Fink who is an 11-year veteran of JPMorgan Asset Management. Anne-Marie’s book discusses 11 strategies that managers need to grasp in order to win in today’s business climate. She debunks some common myths in her book.
The author has a unique perspective because her lens is coming from Wall Street, not from running an organization. With her analysis and CEO interviews, she has learned about successes and failures of many of the world’s largest firms. Because of this, she has written a book that can help any manager to run a better business.
The book is broken up into the following chapters:
Introduction: The Chasm and How to Bridge It
Chapter 1: Think Like an Investor to Simplify Your Business
Chapter 2: Elude Cockroaches by Preventing Information “Roach Motels”
Chapter 3: Avoid the Trap of Profitless Growth
Chapter 4: Don’t Be a Customer Fanatic
Chapter 5: Get More Reward for the Risk You Take
Chapter 6: Economics Trumps Management
Chapter 7: The Best Companies to Invest In Are the Worst to Work For
Chapter 8: Good Performance Requires Inefficiency and Duplication
Chapter 9: Megatrends Start as Ripples
Chapter 10: We’re All Dead in the Long Run: Use Small Steps to Achieve Big Results
Chapter 11: Shrink to Grow and Other Backwards Steps Forward
Conclusion: What Investors Want: Good Numbers That Las
As you will notice, the chapters take on interesting topics that make the reader aware of several business myths. While the book’s content is a little dry to read at times, the author does make it more interesting by bringing in real world examples of large well-known firms to demonstrate her points.
If you want to read a business book with a new perspective, then The Money Makers: How Extraordinary Managers Win in a World Turned Upside Down may be worth a read.