• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Current price of oil as of July 1, 2026

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Current price of oil as of July 1, 2026

10 tips from the best in business

By
Patricia Sellers
Patricia Sellers
Down Arrow Button Icon
By
Patricia Sellers
Patricia Sellers
Down Arrow Button Icon
February 25, 2009, 8:14 PM ET
Add Fortune on Google for similar content.
Photo courtesy of Kathrine Berger

by Jack Covert and Todd Sattersten

As authors of The 100 Best Business Books of All Time, published in February by Portfolio, we found ourselves stumbling across the most important business insights of the last 30 years. We learned plenty about leading, managing, innovating and saving your company and yourself when disaster lurks around the corner. In case you don’t have time to read all the stuff that we did–or you’re so busy that you can’t even to read our new book!—here are 10 pointers that we picked up from those 100 Best books:

Better to be first than better. In the 1980 classic Positioning, Al Ries and Jack Trout show that being No. 1 in the mind of the customer offers enormous market advantage. Today, Apple’s iPod and McDonald’s , two companies holding strong in the recession, exemplify the concept, dominating their respective categories. Can’t be first? Take a step sideways and create a new segment where you can be.

Manage actions, not time. Productivity guru David Allen says that we make the futile mistake of trying to manage all the wrong things–time, information, priorities–when none of these can be controlled. In his 2001 book, Getting Things Done, he advises: Build your next steps around actions. Use to-do lists. Tip sheets and software modules are just a Google search away.

Find faults faster. Silicon Valley design firm IDEO has helped create groundbreaking products ranging from the original Apple mouse to the Palm V handheld organizer. In 2001, IDEO general manager Tom Kelly wrote The Art of Innovation, explaining how the firm succeeds. By building prototypes early, IDEO makes mistakes happen faster and speeds products to market. Making something beats imagining what it might be.

Drive pushes; passion pulls. Randy Komisar’s 2000 pseudo-memoir The Monk and the Riddle is about success. Not the kind of success that can be quantified by dollar signs. “It is about the purpose of work and the integration of what one does with what one believes. The Monk is not about how, but why,” writes Komisar. “Purpose” and “passion” are contemplated in many books we chose for the 100 Best. Komisar shows us that work and life, ideally, are one and the same.

Be remarkable. In his 2003 book, Purple Cow, Seth Godin encourages risk-taking. Create something exceptiona that will get people talking, he says. Word-of-mouth marketing is more powerful today than ever. The person or organization whose ideas spread the furthest wins. L.L. Bean’s no-questions-asked return policy and OXO’s ergonomically, easily grippable kitchen gadgets are just two examples of what fans eagerly tell their friends about.

Any industry is ripe for reinvention. Billy Beane turned Major League Baseball upside down by using unusual metrics to evaluate talent when his team couldn’t compete with money. Michael Lewis’ Moneyball (2003) proves that all businesses are in danger of disruption. So you might as well do some of your own reinventing.

Find a parade and get in front of it. In Zag (2006), branding expert Marty Neumeier advocates a kind of radical differentiation he calls “zagging.” Look for the white spaces and start marching–because follow the leader is a game for kids.

The President gets 100 days, you get 90. In The First 90 Days, author Michael Watkins says that managers used to get 100 days to prove themselves in a new job. Newcomers now get 90. Certainly, since 2003, when this guidebook was published, the honeymoon has contracted even more. But whatever the number and whatever the job, Watkins details why you must get out of the gate quickly–and gives good advice about how to do it effectively.

Be unreasonable. The cliché is that change is the only thing predictable in an unpredictable world. Charles Handy would disagree with this. He says that we’re living in The Age of Unreason (1990). Change is unpredictable. The best way to combat change? Become a changeling yourself.

Read anything Drucker. — The late management sage delivers insights through powerful Socratic questioning. When Jack Welch took over General Electric in 1981, Drucker challenged the new CEO with a single question about his conglomerate: “If you didn’t own any of these businesses now and had a chance to buy them, would you?” Drucker formed many of his early beliefs while consulting for General Motors in 1940s. What advice would he give the auto giant today?

Jack Covert is the founder of 800-CEO-READ, a Milwaukee-based specialty business book retailer. Todd Sattersten is the company’s president. They are the co-authors of The 100 Best Business Books of All Time, available now from Portfolio. Both read countless business books every year and review many of them on their Web site and blog at www.800ceoread.com.

About the Author
By Patricia Sellers
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

A test of Anduril's Altius drone.
NewslettersTerm Sheet
Defense tech could be entering its awkward teenage years. Is the boom a bubble?
By Allie GarfinkleJuly 2, 2026
1 hour ago
em
Commentary250 Years of Innovation
America’s 250th birthday has Elon Musk and a record IPO. Its 15th had Alexander Hamilton — and a stock market bubble
By Owen LamontJuly 2, 2026
1 hour ago
paramount
CommentaryAntitrust
How Paramount’s theater commitments could boost local economies across the nation
By Ike BrannonJuly 2, 2026
1 hour ago
The true cost of Donald Trump’s $2.2 billion year
NewslettersCEO Daily
The true cost of Donald Trump’s $2.2 billion year
By Diane BradyJuly 2, 2026
2 hours ago
Meta CEO Mark Zuckerberg (left) and CTO Andrew "Boz" Bosworth in Menlo Park, California, on Wednesday, Sept. 17, 2025. (Photo: David Paul Morris/Bloomberg/Getty Images)
NewslettersFortune Tech
Meta prepares to join the cloud infrastructure fray
By Andrew NuscaJuly 2, 2026
2 hours ago
Top CD rates today, July 2, 2026: Lock in up to up to 4.40%
Personal FinanceCertificates of Deposit (CDs)
Top CD rates today, July 2, 2026: Lock in up to up to 4.40%
By Glen Luke FlanaganJuly 2, 2026
2 hours ago

Most Popular

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
By Marco Quiroz-GutierrezJuly 1, 2026
1 day ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
7 days ago
Current price of oil as of July 1, 2026
Personal Finance
Current price of oil as of July 1, 2026
By Joseph HostetlerJuly 1, 2026
23 hours ago
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
Newsletters
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
By Diane BradyJuly 1, 2026
1 day ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
5 days ago
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Success
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
By Sydney LakeJune 29, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.