Summary of Good Business

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Rating

9 Overall

9 Applicability

10 Innovation

8 Style

Recommendation

Take a look at the scandal-filled headlines, or just read a Dilbert comic strip about cubicle culture, and the message is clear: the business world is cutthroat, unethical and no fun. But here comes psychologist Mihaly Csikszentmihalyi with a contrarian message. Work should be fun, and companies should care about something aside from the bottom line. Using examples such as clothing maker Patagonia and investment pioneer Sir John Templeton, Csikszentmihalyi makes a convincing case that profits must come after meaning. Patagonia, for instance, lets workers take surf breaks, and Templeton became a model of full engagement. getAbstract suggests this book to any manager seeking a better way to do things, and to any employee hankering for deeper job satisfaction.

In this summary, you will learn

  • What flow is;
  • How employers and employees find motivation through meaning; and
  • How your firm can be a good business with flow.
 

About the Author

Psychologist Mihaly Csikszentmihalyi was born in Hungary. He is a professor of psychology at the Peter F. Drucker School of Management at Claremont Graduate University in Claremont, California, where he is also the director of the non-profit Quality of Life Research Center. Csikszentmihalyi’s previous books include Flow: The Psychology of Optimal Experience and The Evolving Self: A Psychology for the Third Millennium.

 

Summary

A Kinder, Gentler Capitalism
Capitalism earned a bad rap in recent years. Corporate scandals revealed business leaders, such as those at Enron, as hypocrites and frauds. Today, many workers view their jobs as unpleasant, and some even see their duties as shameful. This follows a societal...

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    Alistair Erskine 11 months ago
    Insightful summary of book recommended by MIT MBA professor
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    Jacob Kooistra 12 months ago
    Great insight!

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