Book Review: The 100-Year Life

March 20th, 2017

book cover imageGratton, Lynda and Andrew Scott. The 100-Year Life: Living and Working in an Age of Longevity. Bloomsbury Information, 2016.

Fuqua students in their 20’s have a 50% chance of celebrating their 100th birthday. Their grandparents in their 60’s have a 50-50 chance of living another quarter century. Millions of people are looking forward to a long life and those who exercise regularly, do not smoke and control their weight are expected to remain healthy and fit deep into old age.

A long and healthy life has long been regarded as one of the greatest gifts, yet foresight and planning are needed to guarantee that the decades late in life will be happy. Structuring and using those extra years effectively is the subject new book, The 100-Year Life, by two professors at the London Business School, Lynda Gratton and Andrew Scott.

The book begins with the obvious question: How will this gift of time be financed? Obvious answer: The increase in life expectancy will be funded by working longer or saving more. “Making the most of the gift of a long life requires everyone to face up to the truth of working into your 70s or even 80s. Simple as that.” To some that may sound depressing, but the nature of work will change profoundly to include more innovation, decision making and social engagement.

Gratton and Scott explain that currently, there are three stages in adult life: Education – Career – Retirement. When working life extends to 6 or 7 decades, transitioning between careers will become normal. In some decades, workers will choose maximize finances while in others, they will focus on creating a work-life balance. Workers will routinely take breaks to become re-educated for new careers.

In every age, there are winners and losers. As the 100 year life becomes commonplace globally, there are ways to ensure a successful life. Remain flexible. Continue to learn. Take action. Defer gratification. Authors Gratton and Scott present the financial and social strategies that lead to a long life that is creative and fun. This book is recommended.

© Meg Trauner & Ford Library – Fuqua School of Business.
All rights reserved.

New Movies for March

March 16th, 2017

Here are the latest additions to our DVD collection:

Allied
Arrival
Author: the JT LeRoy story
Christine
Desierto
The Edge of Seventeen
Hacksaw Ridge
Life, Animated
Loving
Manchester by the Sea
Moonlight
Nocturnal Animals
Queen of Katwe
The Take
Trolls

You may browse the entire DVD collection via the library catalog.

Recommended Spring Break Reading

February 27th, 2017

Editors, writers and guests at the Financial Times give their opinions about what to read now: It’s a long list. These 5 are my top picks to read over spring break.
 
book cover imageThe 100 Year Life by Lynda Gratton and Andrew Scott
A Duke student has a 50% chance of living to 100 years old. In the future, the familiar education/career/retirement stages of adult life will be transformed into a flexible, multi-stage life with implications for careers, personal finance and relationships.
 
 
 
book cover imageOnly Humans Need Apply by Thomas Davenport and Julia Kirby
In the U.S. employment of highly skilled workers, such as managers, engineers, analysts, doctors and lawyers peaked in 2000 and has been falling due to advances in artificial intelligence. But opportunities abound for those who learn how to work collaboratively with intelligent machines.
 
 
 
Makers and Takers by Rana Foroohar
Finance dominates the U.S. economy, representing 25% of corporate profits, but only 4% of all jobs. Wall Street’s financial thinking has invaded other sectors, depressing innovation and job creation in companies, controlling natural resources, and increasing social inequality.

Also available as an eBook on OverDrive and as an audiobook on OverDrive.
 
 
Dear Chairman by Jeff Gramm
Backstories of corporate conflicts between management teams and shareholders, including power struggles involving American Express and Warren Buffett in 1964; General Motors and Ross Perot in 1985; BKF Capital and Carlo Cannell in 2005; and many other stories of shareholder activism.

Also available as an eBook on OverDrive, as an audiobook on OverDrive, and as an audiobook on CD.

The Originals by Adam Grant
“The hallmark of originality is rejecting the default and exploring whether a better option exists.” In entertainment, business and politics, innovators make breakthroughs by recognizing original ideas, managing risks and removing barriers that hinder implementation.

Also available as an eBook on OverDrive, as an audiobook on OverDrive, as an audiobook on CD, and on Business Best Seller Kindles at Ford Library.

© Meg Trauner & Ford Library – Fuqua School of Business.
All rights reserved.

New Movies for February

February 15th, 2017

Here are the newest additions to our DVD collection:

The Accountant
American Beast
The Birth of a Nation
Deepwater Horizon
The Girl on the Train
The Handmaiden
Inferno
Jack Reacher: Never Go Back
Keeping Up with the Joneses
The Light Between Oceans
The Whole Truth
Masterminds
Train to Busan
Middle School : The Worst Years of my Life

You may browse the entire DVD collection via the library catalog.

Valentine’s Day Audiobooks

February 13th, 2017

Happy Valentine’s Day to you. From our hearts to yours, our gift is 10 classic audiobooks that you can download to your own device.

Here is a list of Duke students’ most loved audiobooks:

The Tipping Point

Lean In

The Big Short

Good to Great

Nudge

Smarter Faster Better

The Intelligent Investor

Friend and Foe

Mindset

The Power of Habit

 

© Meg Trauner & Ford Library – Fuqua School of Business.
All rights reserved.

Book Review: Hillbilly Elegy

January 30th, 2017

book cover imageVance, J.D. Hillbilly Elegy: A Memoir of a Family and Culture in Crisis. Harper, 2016.

When I came to interview at Duke 35 years ago, a finance faculty member told me she pinched herself every morning while driving to work on 15-501. But it was not by luck that she landed a tenure track position at an elite university. She was a product of upper class culture. She inherited attitudes and habits about work, education and relationships that put her on the road to success.

As J.D. Vance explains in his childhood memoir, Hillbilly Elegy, the upper class and working class are different and the customs and values of each group determine their children’s chances for a prosperous future or a grim one. Vance was born to a dysfunctional family originally from the hills of Eastern Kentucky who moved to the Rust Belt, taking their chaotic and violent culture with them.

Vance begins his story by describing the lives of his forebears. In the 1940’s after his maternal grandparents move to Ohio, their lives improve financially, yet their marriage is a war zone. A generation later, Vance’s mother is a teenager with two children, already divorced. Vance is raised in a turbulent environment with a new stepfather and new stepsiblings every year. They move from home to home. His mother becomes a drug addict. In high school Vance moves to his grandmother’s peaceful house, and his life begins to turn around. After a stint in the Marines and a degree from Ohio State, he attends Law School at Yale and discovers how the other half lives.

Vance calls himself a cultural emigrant and he is acutely aware of the differences between social classes. On one hand is a self-reliant, hardworking and optimistic culture that invests in education and the future. The other is a consumer-oriented and cynical culture that blames social problems on the government. Vance’s grandmother and later the Marines teach him to expect more from himself. His years at Yale expose him to opportunities and to mentors. To Vance, these advantages separate the successful from the unsuccessful. This best seller is recommended.

Also available on Business Best Seller Kindles at the Ford Library and as an audiobook on OverDrive.

© Meg Trauner & Ford Library – Fuqua School of Business.
All rights reserved.

New Business Expert Press eBooks!

January 25th, 2017

bep_logo

Duke students and alumni now have access to the latest Business Expert Press eBook titles. We’ve expanded our collection to include the 2015 and 2016 Digital Libraries. These new titles focus on applied business topics covering fields such as finance, accounting, marketing, and management.

Choose the link(s) that matches your current status or affiliation to browse or search the collections.

Current students:

Browse all subscribed BEP Digital Libraries

Browse the 2015 Digital Library

Browse the 2016 Digital Library

Fuqua alumni:

Connect to BEP Digital Libraries

Duke alumni:

Connect to BEP Digital Libraries

Business Expert Press eBooks are available online 24/7 via the ebrary platform and may be read by multiple users simultaneously.

New Movies for January

January 19th, 2017

Here are our latest DVD titles:

American HoneyMiss Peregrine DVD Cover
Bridget Jones’s Baby
Denial
Don’t Think Twice
The Dressmaker
Florence Foster Jenkins
The great Gilly Hopkins
The Hollars
Kicks
Little Men
The Magnificent Seven
A Man Called Ove
Miss Peregrine’s Home for Peculiar Children
Morgan
Ordinary World
Other People
Southside with You
Storks
Suicide Squad
Sully
Equity

You may browse the entire DVD collection via the library catalog.

Book Review: Designing Your Life

January 17th, 2017

book cover imageBurnett, Bill. Designing Your Life: How to Build a Well-Lived, Joyful Life. Alfred A. Knopf, 2016.

During my last year of college, I woke up one afternoon and realized that I would be graduating soon. I had no job and no idea how to get a good one. I had no life plan. This is not unusual. Millions of recent graduates do not know how to find a meaningful job or how to design a purposeful life. For those already mid-career, 66% are unhappy with their jobs. And many successful professionals at the end of their careers want to downshift into a position with social impact, but lack the skills to make the transition.

In Designing Your Life, Bill Burnett and Dave Evans of the Stanford University Design Program advise using the principles of design thinking to create a life that is creative, productive and constantly evolving. They explain that design is a process of experimentation. As they explore, designers create prototypes, building on them when successful and discarding them when not. As designers try new things, they build their way forward.

To create your own ideal life, Burnett and Evans recommend “starting where you are,” improving the life that you are already living, without making disruptive structural changes like resigning your job or moving to another city. Assessment tools included in the book help clarify current work/life situations, then show how to customize existing jobs or careers to make them more engaging. For those who feel stuck, options can be developed by reframing problems and finding fresh solutions. There is more than one answer to creating a good life.

Burnett and Evans include an avalanche of examples from students who have taken their class at Stanford. Their writing style is informal; some illustrations are scribbles. I recommend this book despite these style elements. A second key book about personal wayfinding is Clayton Christensen’s excellent How Will You Measure Your Life?

Designing Your Life is also available as an eBook on OverDrive, an audiobook on OverDrive, and on Business Bestsellers Kindles at the Ford Library.

© Meg Trauner & Ford Library – Fuqua School of Business.
All rights reserved.

Martin Luther King Day at Ford Library

January 13th, 2017

dr. martin luther king

The Ford Library will be open for our normal hours on the Martin Luther King holiday, Monday, January 16th.

Due to the University holiday on Monday, in-person reference and research assistance services will not be available until Tuesday, January 17th.

Our hours on Monday, January 16th will be 7:30am – midnight.