Introduction Why The Spirit of Kaizen? As I found another book of the author to be helpful, I decided to see what he offers in the business field. Furthermore, I would like to find ways to improve workplace and my leadership skill. Author I have written about the author in another article. You can refer to it here. Contents The Spirit of Kaizen contains 8 chapters and an appendix. The chapters are 1) A Swift Introduction to Kaizen, 2) Boost Morale, 3) Cut Costs, 4) Improve Quality, 5) Develop New Products and Services, 6) Increase Sales, 7) Reduce Health-Care Expenses, and 8) When Small Steps Are Too Hard: What to Do. The appendix is Reflections on Kaizen and contains quotes of famous people about small improvements work. Review The author mentions that there are two ways to improvement: innovation and kaizen. What are the difference between these two techniques? Innovation requires a radical change, immediate rethink of the status quo while kaizen asks for small, doable steps toward improvement. By taking small steps, we will be able to bypass the amygdala and the associated fight-or-flight response. That is the reason why it is easier to take action with kaizen than…
Introduction The Value of Everything is an economic book. It aims to stir a debate about “value” in current turbulent economic times. This book is chosen as one of the best business books 2018 in the economics category by strategy+business magazine. Author Mariana Mazzucato is an economist and Professor in Economics of Innovation and Public Value at University College London. She is also the founder of Institute for Innovation and Public Purpose in the same institution. The author is a member of the Scottish Government’s Council of Economic Advisers and UN Committee for Development Policy. She is an avid author who has published 10 books. Content This book begins with an introduction and contains 9 chapters. Chapter 1 is A Brief History of Value, followed by Value in the Eye of the Beholder: The Rise of the Marginalists. In these 2 chapters, the author introduces selected theories of classical and neoclassical economics. Chapter 3 is Measuring the Wealth of Nations and talks about gross domestic product. Chapter 4 is A Colossus is Born. The Rise of Casino Capitalism is Chapter 5. These chapters discuss the changes in the financial system. Chapter 6 and 7 are Financialization of the Real Economy…