Showing posts with label 1970s. Show all posts
Showing posts with label 1970s. Show all posts

Fortune's Fool: Edgar Bronfman, Jr., Warner Music, and an Industry in Crisis Review

Fortune's Fool: Edgar Bronfman, Jr., Warner Music, and an Industry in Crisis
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Fortune's Fool: Edgar Bronfman, Jr., Warner Music, and an Industry in Crisis ReviewThe demise of the music industry is a topic of continuing interest - Goodman's excellent book using Bronfman as the central theme - nicely captures the utter disregard for both the customer and artist, the genius of Steve Job's iTunes/iPod platform and the scramble - still in progress to redefine what the inevitably volatile music business will be in the future now that the big companies have milked all they can from reissuing everything they can on CD. I remember the period when Elvis' first recordings - titled the Sunrise collection - were rereleased by RCA every year with "newly" discovered material.
I was interested that one of Lyor Cohen's label heads had to scout strip clubs to understand what was happening in the music scene - says something about where society is going. Incredible amounts of money exchanging hands for trivial and thoughtless strategies. Goodman appropriately focuses on the central role of Ahmet Ertegun as the last of the old school of record and label makers.
As to Bronfman - he comes across as very wealthy with any ascribed successes coming from throwing enough against the wall that something sticks. $50 million bonuses and losing $130 million in 3 months trying something appear to be par for Bronfman's course. Wonder how he missed the Brooklyn Bridge.
As the other reviewer noted, the cast of characters lack the charm and idiosyncrasies of the record men of the 50s and 60s - Sid Nathan, Hy Weiss, Jerry Wexler, Berry Gordy etc. and the 80s not to ignore Malcolm McLaren. Not a business for the pure of heart.
Good book.Fortune's Fool: Edgar Bronfman, Jr., Warner Music, and an Industry in Crisis Overview

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Churchill on Leadership: Executive Success in the Face of Adversity Review

Churchill on Leadership: Executive Success in the Face of Adversity
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Churchill on Leadership: Executive Success in the Face of Adversity ReviewI have been a manager for over 10 years, and have worked in different industries and different countries. And I gladly admit I still have a lot to learn concerning management. This book talks about concepts we know we should all be applying, such as learning from mistakes, responsibility and organization, attention to details as well as to a master plan, communication, etc. However understanding how Churchill put these concepts to work is fascinating. I did not know that much about Churchill in the first place, perhaps that is why I enjoyed the book so much. It is a nice change from CEOs' biographies. And yes, I am putting some of what I read to work, so it was worth my time and money !Churchill on Leadership: Executive Success in the Face of Adversity Overview

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The Wars of Watergate: The Last Crisis of Richard Nixon Review

The Wars of Watergate: The Last Crisis of Richard Nixon
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The Wars of Watergate: The Last Crisis of Richard Nixon ReviewThis is the clearest, most concise, most accesible book on Watergate I have ever come across. Its most important feature is providing the reader with a deepr understanding of Watergate beyond the mere surface aspects of the cover-up, but instead lets one understand the implications the Nixon Administartions activities had for the nation. At times, the book may seem too partisan, and the large "cast of characters" can be hard to juggle. These minor criticisms aside, it as an important book to read, particlulary for young people in light of the recent Clinton impeachment hearings, so that they may judge for themselves whether or not that scandal in fact had the gravity and import of Watergate.The Wars of Watergate: The Last Crisis of Richard Nixon Overview

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