5 BOOKS EVERY EXECUTIVE MUST READ THIS SUMMER
With summer around the corner, the wealthy are preparing their lists of elevating beach reads. J.P. Morgan Private Bank announced its 23rd annual summer reading list, which has become the seasonal “it list” of literary status symbols for the ultra-wealthy.
The bank, whose clients typically have $10 million or more, sorts through hundreds of recommendations from client advisors for nonfiction books and narrows it down to 10 titles. The selection is based on “timeliness, quality and global appeal to the firm’s global client base.”
Of course, most of the uber-wealthy will be staring at their stock screens all summer. But bookwise, they’re looking to learn more about tech, the planet and the past.
“This year’s list spans terrain and time and seeks to double-click on themes our advisors are hearing most in their client conversations this year, including sustainability, leadership and business transformation, technological innovation, expansion of cultural perspectives, and philanthropic support for important global causes,” said Darin Oduyoye, chief communications officer at J.P. Morgan Asset & Wealth Management.
“CEO Excellence: The Six Mindsets That Distinguish the Best Leaders from the Rest” by Carolyn Dewar, Scott Keller and Vikram Malhotra: McKinsey & Company senior partners offer a look at how some of the most well-respected CEOs do their jobs. Drawing from 25 years of research and interviews with top corporate leaders — including chiefs at Netflix, J.P. Morgan Chase, General Motors and Sony — Dewar, Keller and Malhotra show that while the role of CEO is unique to each organization, the best CEOs think and adapt in surprisingly similar ways across industries.
“Race for Tomorrow: Survival, Innovation and Profit on the Front Lines of the Climate Crisis” by Simon Mundy: In this journey through 26 countries and six continents, Financial Times reporter Simon Mundy travels to the frontlines of the climate crisis. By telling the stories of those he meets — from a scientist building a home for engineered mammoths in northeast Siberia to the entrepreneurs chasing breakthroughs in electric and fusion power — Mundy demonstrates how climate change is displacing communities, disrupting global businesses and inspiring a new wave of innovation.
“Being Present: Commanding Attention at Work (and at Home) by Managing Your Social Presence” by Jeanine W. Turner: Synthesizing 15 years of research, interviews and experience from teaching students and executives, Georgetown professor Jeanine W. Turner offers a framework to navigate our social presence — the feeling of being connected within a conversation or interaction — and to communicate more effectively and intentionally with our family, friends and colleagues.
“The Power of Regret: How Looking Backward Moves Us Forward” by Daniel H. Pink: Author Daniel H. Pink rejects the idea of “no regrets” – instead, challenging us to accept regrets as fundamental, and to reckon with them in creative ways to help us live more fulfilling lives. Drawing on research in psychology, neuroscience, economics and biology, Pink argues that we can transform regrets into positive forces by reframing our thinking.
“Fixed.: How to Perfect the Fine Art of Problem Solving” by Amy E. Herman: While heading education at The Frick Collection in New York City, lawyer and art historian Amy E. Herman developed her “Art of Perception” seminar to improve the observational and communication skills of medical students solving intractable problems. Since then, she has led sessions internationally for leaders and professionals at the FBI, French National Police, Interpol and many more organizations for which failure is catastrophic. Using art to challenge our default thinking, Herman encourages us to open our minds to see possibilities we may otherwise overlook.