This is useful for the acquiring business but muddles the accounts for the outside observer wishing to compare a business which grew by acquiring smaller competitors vs. Why our goals are best achieved indirectly, by john kay recently caught my interest. Jan 01, 2011 this seemingly counterintuitive idea is the subject of john kay s very interesting book obliquity. Its now fully invested so from now on will only see rebalancing and reinvestment of accumulated dividends or proceeds of capital actions.
Shop amongst our popular books, including 62, radical uncertainty, memoir of john kay of bury and more from john kay. Theres this great, short book by john kay called obliquity. To see what he is getting at lets take a look at some examples of important goals best achieved indirectly. What emerged was the widespread use of stock options as executive. In this revolutionary book, economist john kay proves a notion that feels at once paradoxical and deeply commonsensical. Strange as it may seem, overcoming geographic obstacles, winning decisive battles or meeting global business targets are the type of goals often best achieved when pursued indirectly.
It was inspired by an observation of the successful pharmaceutical researcher, sir james black i used to tell my colleagues that if they wanted to make money, there were many easier ways to do it than drug research. Why our goals are best achieved indirectly is a book by economist john kay. If you want to go in one direction, the best route may involve going in a. The aeroplane in which you fly is far more likely to have been built in the united states than in any other country, and the same is true of the software you use. Obliquity the economist john kay claims that the worlds most successful people and organizations achieve complex aims through obliquitythat is, by pursuing something else. Decisions that are made iteratively, with trial and error, employing emotion or intuition, or from going for greatness and reaping a side benefit of profits these are all oblique according to kay.
On the same track 9780807032978, 9780807032985 vitalsource. Find hot economic data, relevant market studies, uptodate statistics, rankings and reports selected by the iese business school library for executives. I have updated the obliquity london portfolio page with the current holdings. This seemingly counterintuitive idea is the subject of john kays very interesting book obliquity. Accounting for goodwill as an asset of the acquiring business allows it to track whether it made a mistake when buying another business. John 1995 paperback and a great selection of related books, art and collectibles available now at. This seemingly counterintuitive idea is the subject of john kay s very interesting book obliquity. Why our goals are best achieved indirectly if you want to go in one direction, the best route may involve going in another.
Free shipping and pickup in store on eligible orders. A summary of obliquity by john kay summarised by paul arnold. He says, paradoxically as it may sound, many goals are more likely to be achieved when pursued indirectly. The best way to achieve any complex or broadly defined goalfrom happiness to wealth to profit to preventing. Information collected and presented are from sources. It was inspired by an observation of the successful pharmaceutical. Pdf external adaptability of higher education institutions. In lay terms it suggests that if you choose to lose weight for example the direct route, you are unlikely to succeed. In addition to protecting the organs, they give the body shape and structurekind of like the framework of a house. Save up to 80% by choosing the etextbook option for isbn. To see what he is getting at lets take a look at some examples.
An interesting book, with a provocative title and paradoxical subtitle obliquity. Feb 03, 2011 obliquity is a characteristic john kay production. Oblique approaches are most effective in difficult terrain, or where outcomes depend on interactions with other people. This book makes the clear case that our lives our full of pivots. This weekend, as a kind of followup to csikszentmihalyis flow, i read john kays obliquity. This book by the distinguished economist and writer john kay is an extended essay about an idea which is intuitively true. John kay is a leading economist and visiting professor of economics at. Aug 31, 20 theory of obliquity by prof john kay at oxford is really interesting. A kind of super jelled team, as demarco and lister call it, in their classic book peopleware. Obliquity why our goals are best achieved indirectly ksh 2299.
We have new and used copies available, in 0 edition starting at. Very good or somewhat better, some light staining to the edges of the wraps amd minor loss to the spine strip. Read it martin wolf, financial times from worldrenowned economist paul collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it deep new rifts are tearing apart the. Without the skeleton, movement wouldnt be possible. Whether overcoming geographical obstacles, winning decisive battles or meeting sales targets, history shows us that oblique approaches are the most successful, especially in difficult terrain. The ultimate, original massivelymultiplayer online game. Obliquity is the idea that goals are often best achieved when pursued indirectly. A summary of obliquity by john kay summarised by paul. In 1986 i was offered the opportunity, and substantial resources, to answer the question, what are the origins of. Why our goals are best achieved indirectly by john kay profile. The authors of this site are not responsible for errors or omissions. It packed with many true stories from historical events, politics, businesses and the authors personal experiences. Jun 28, 2018 obliquity by john kay penguin, april 2011 the subtitle is why our goals are best achieved indirectly.
The camera you use and the audio equipment you listen to were almost certainly made in japan. John kay tells a fastpaced detective story as he searches for the surprising secret to success. Sep 22, 2011 the main point of the book is pretty well covered in this article on obliquity by the book s author, john kay. I found a copy of kay s book last weekend ago at a wonderful bookstore in ely, and its argument resonates with csikszentmihalyis claim that optimal experiences are not always the happiest or most pleasurable ones, and with the more technical claims of van. Our marketplace offers millions of titles from sellers worldwide. If you have, then you may understand a little about what selforganising really means. Alternatively, if you choose to become a great cyclist, you are likely to lose weight, the oblique route. Obliquity we see the world not as it is, but as we are. The most profitable companies dont just try to make a profit. The evidence that there is indeed a competitive advantage of nations seems all around us. Obliquity welcome to the home of obliquity where every page has been designed with accessibility in mind, no matter what your hardware or software. Featured in bill gatess 2019 summer reading recommendations this is a beautifully written and important book. Why our goals are best achieved indirectly 9781846682889 by kay, john and a great selection of similar new, used and collectible books available now at great prices. In this revolutionary book, economist john kay proves a notion that.
All of john s books are available to purchase via this webpage. I have read a book obliquity written by john kay, in which he promotes a concept of why the goals are best achieved indirectly. Nassim n taleb the black swan economics with style as well as substance stephen bayley, architecture and design correspondent observer obliquity is a characteristic john kay production. Also contains master johns next door neighbor by bret harte in addition to other short pieces. John kay has done something similar with obliquity and oblique. The main point of the book is pretty well covered in this article on obliquity by the book s author, john kay. More information about this seller contact this seller 2. It was inspired by an observation of the successful pharmaceutical researcher, sir james black. On the same track how schools can join the twentyfirstcentury struggle against resegregation by carol corbett burris and publisher beacon press. Entrepreneurship and startups page 2 platform business firms. Why our goals are best achieved indirectly by john kay. Types of bones bones are essential to human survival. We let our employee set their own salaries hacker news. Early in the book, the author quotes sir james black, who coined the term i call it the principle of obliquity.
It is a pleasure to read howard davies financial times how rare is it for an academic economist to write with such clarity, intelligence and courage. The authors present the reporting and commentary for informational purposes only. If you have not, then its a sufficiently rare and yes, bizarre, state of affairs that youre unlikely to even begin to understand the dynamics and. This weekend, as a kind of followup to csikszentmihalyis flow, i read john kay s obliquity. Renowned economist and business author john kay described the prominent role that agility plays in our work lives in his 2011 book, obliquity. Readers should not view this material as offering investment related advice. As john kay pointed out, we can only learn about our objectives and how to achieve them through a gradual process of risk taking and discovery what he calls obliquity. This is a complexity strategy than john kay wrote about in this book obliquity click here. In this post, i intend to build on my reading of the book, adapt a few ideas, and draw implications for platformbusiness startups. I found a copy of kays book last weekend ago at a wonderful bookstore in ely, and its argument resonates with csikszentmihalyis claim that optimal experiences are not always the happiest or most pleasurable ones, and with the more technical claims of van. The structure of strategy is a summary of parts of my book, the foundations of corporate success, and was reprinted in the business of economics 1.
Goals are often best achieved without intending them. A young woman staying as a guest in a napa valley farmhouse becomes trapped in a fight for survival with a selfproclaimed homicidal adventurer, and races to warn. Feb 03, 2011 john kay is an admirable debunker of myths and false beliefs he can see substantial things others dont. Learnings and observations page 2 platform business firms. Bizknowledge watch iese library business information blog. We are not totally rational in our decisionmaking hence rational approaches do not. If you want to go in one direction, the best route may involve going in another. Whether overcoming geographical obstacles, winning decisive battles or meeting sales targets, history shows us that oblique approaches are the most successful, especially in. The subtitle of the book reveals more than the title why our goals are best achieved indirectly. Economics with style as well as substance stephen bayley, architecture and design correspondent, observer. His latest book, obliquity, was published by profile books in march.
John kay is an admirable debunker of myths and false beliefs he can see substantial things others dont. Many people have told me what an enjoyable read john kays books are, and having read alison enthusing about the book right here on hrzone i readily agreed. There is something for every member of the family at obliquity. Periodically we climb up and look around, take stock of whether our current.
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