Archive for November, 2013

Thanksgiving Week Library Hours

Friday, November 22nd, 2013

hornofplentyFord Library’s Thanksgiving Week hours begin on Tuesday, November 26 and continue through Saturday, November 30.

  • Tuesday, Nov. 26 – 8AM – 8PM
  • Wednesday, Nov. 27 – 8AM-6PM
  • Thursday – Friday, Nov. 28-29 – CLOSED
  • Saturday, Nov. 30 – Noon-4PM

UPDATED: Database and e-resource account registrations submitted after 5PM on Tuesday, November 26, will be processed on the Library’s next business day, Monday, December 2nd.

Normal Fall Term Hours resume on Sunday, December 1st. We hope you have an enjoyable and restful Thanksgiving!

Thanksgiving Reading

Thursday, November 21st, 2013

turkey-1Thanksgiving break is a great time to catch up on your leisure reading. As you head out for the weekend, stop by the Ford Library circulation desk with your Duke ID and take home a Business Bestsellers Kindle. Each Business Bestsellers Kindle is preloaded with dozens of popular business titles, a few of which are highlighted below. Enjoy some light reading on your travels, and have a happy Thanksgiving!

The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone. bezos-everything
quiet-cover Quiet: The Power of Introverts in a World That Can’t Stop Talking by Susan Cain.
David and Goliath: Underdogs, Misfits, and the Art of Battling Giants by Malcolm Gladwell. david-goliath
leanin Lean In: Women, Work, and the Will to Lead by Sheryl Sandberg with Nell Scovell.
The Power of Habit: Why We Do What We Do in Life and Business by Charles Duhigg. power-habit
decisive Decisive: How to Make Better Choices in Life and Work by Chip Heath and Dan Heath.
The $100 Startup: Reinvent the Way You Make a Living, Do What You Love, and Create a New Future by Chris Guillebeau. hundred-startup

© Yvonne Dittmar & Ford Library – Fuqua School of Business.
All rights reserved.

New Movies for November: Part 2

Monday, November 18th, 2013

Here are the last of our new November DVDs:

The Colony
Shanghai Calling
The Waiting Room
The Wall [Die Wand]
The Conjuring
The Heat
The Internship
Pacific Rim
White House Down

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

Introducing Privco

Monday, November 18th, 2013

One of the most difficult bits of data to locate is a private company’s financials.  Because these companies don’t issue publicly traded stock thus have no reason to file documents such as annual reports there’s a scarcity of financial information, at best  you may find a guesstimate on their revenues.  A relative new-comer to the financial data vendors, PrivCo offers extensive financial data on large privately held companies.  Now, Duke users have access to those reports, whether it’s Mars or Trader Joe’s.

In addition, Privco also tracks both US and international venture capital, private equity, and M&A deals, a much needed resource for those interested in private finance.

Privco can be located on our database page or by searching for it through the Duke Library catalog.


Book Reviews: Global Week at Fuqua

Friday, November 15th, 2013

Today marks the final day of Fuqua’s Global Week, with events showcasing the global economy and international business.  Learning opportunities for students and faculty have included speakers William D. Eggers, the Global Director for Deloitte Research, and Ido Aharoni, Consul General of Israel.  The week also included lighter fare, such as opportunities to sample cuisines from around the world.  For those who have not had a chance to participate, there is still time to attend the Friday evening programs, which include the Global Week fashion show, the talent program and the Global Party.  In celebration of Fuqua’s international students and in appreciation of the global marketplace, three reviews showcase important new books about Asia in our changing world.

global-tiltCharan, Ram et al. Global tilt : leading your business through the great economic power shift. Crown Business, 2013.   Drawing a line at the earth’s 31st parallel, strategy adviser Ram Charan argues that wealth and opportunities are moving from North to South.  Companies in Europe and North America are experiencing low growth but entrepreneurial firms in India, Brazil and China are seeing revenue growth in double digits.   In Global Tilt, Charan writes that the shift in business opportunities and economic power is inevitable.  The forces driving the change include the global financial system, changing demographics, digitization and communication.  He offers practical advice on how to succeed in this environment, including developing the mind-set and skills that leaders need to manage in the new environment.  He advises business leaders to stop concentrating on core competencies and to begin looking at business from the “outside in,” sensing forces in the environment that could interact and combine to create opportunities.  He also introduces the concept of “future back,” imagining the competitive landscape 20 years out and then considering the implications for the present.   CEO’s who position their companies to capitalize on the new power in the South will succeed in this complex, highly competitive world.  Clearly written, this insightful book is recommended for anyone interested in business strategy, global business operations or societal trends. Also available in audiobook format.

asia-worksStudwell, Joe. How Asia Works.  Grove Press, 2013.  In How Asia Works, freelance journalist Joe Studwell analyzes the research on nine Asian economies and concludes that there are two Asias – one is the “Asian economic miracle,” economies with sustained growth over many decades.  The other Asia is marked by a period of fast growth followed by stagnation.  Studwell argues that successful countries (Japan, South Korea, Taiwan and, most recently, China) consistently employ a key set of government policies.  When developing their economies, successful countries first restructure agriculture by redistributing land into small family farms.  In poor countries, most people live on farms, and intensive farming makes efficient use of available labor.  Household farming also delivers larger outputs per acre and the productive surplus primes demand for other goods and services.  After the returns from land reform tapers off, successful economies promote manufacturing and trade, subsidizing companies that export.  And lastly, successful governments take steps to focus capital on small-scale agriculture and on manufacturing.  Asian nations that follow these policies are successful and those that do not (Thailand, Malaysia, Indonesia) have languished.  This insightful and very readable book includes many examples from Asian countries and companies. Also available as a Kindle eBook.

anxious-wealthOsburg, John. Anxious wealth : money and morality among China’s new rich. Stanford University Press, 2013. Newly rich managers and entrepreneurs are trendsetters in fashion, preferred marriage partners and prominent patrons of China’s urban restaurants, nightclubs and department stores.  Privileged Chinese men meet and make deals in male-oriented entertainment sites for businessmen, including restaurants, saunas, foot massage parlors and karaoke clubs.  Cultivating and maintaining relationships with clients and important people plays a key role in generating business and improving social status.  In Anxious Wealth, a Chinese speaking American professor socializes in Chengdu, China with a network of businessmen, playing cards in tea- or coffeehouses in the afternoons; and attending banquets or going out to karaoke clubs in the evenings.  Author John Osburg shows how these elite male networks of “old boys’ clubs” are formed and how they operate.  He also shows how the entertainment often involves young women as hostesses or mistresses, “gray women” who are between the white world of marriage and the black world of the sex trade.  He discusses the beauty economy, the marketplace where sexualized young women promote commercial products and services. Osburg is an anthropologist and his book is serious academic work.  While a sensationalized narrative would be easier to read, this slim volume is recommended for anyone doing business in China.

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

New Movies for November: Part 1

Wednesday, November 13th, 2013

Here are the first new DVDs for the month:

Before Midnight
Gimme the Loot
Greetings from Tim Buckley
In the House [Dans la Maison]
Monsters University
Standing Up
The Way, Way Back


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

Book Reviews for The Rushed and Interrupted

Monday, November 11th, 2013

These three short and insightful books are for people with little time, frequent interruptions or short attention spans.

comebackComeback: American’s New Economic Boom by Charles R. Morris.
Best selling author’s engaging new book is about the emerging opportunity for American prosperity, fueled by an energy boom and a manufacturing renaissance.

broke-companyI’m Sorry I Broke Your Company by Karen Phelan.
30 year management consultant uses the ups and downs in her personal story to explain that most management theories are wrong and that every business problem is about people reacting to circumstances.

quiet-influenceQuiet influence  by Jennifer B. Kahnweiler
An executive coach advises introverts to stop acting like extroverts and to enhance their strengths, such as engaged listening and focused conversations.

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

Book Review: Big Data

Monday, November 4th, 2013

big-dataMayer-Schönberger, Viktor and Kenneth Cukier. Big data : a revolution that will transform how we live, work, and think. Houghton Mifflin Harcourt, 2013. also available as a Kindle e-book.

Occasionally, a database provider restricts Duke users’ access to their database after a researcher downloads too much data.  Database vendors know that there is an emerging demand for large quantities of data and they do not want to supply it at the discounted price that the library is paying.  The mindsets of both researchers and commercial enterprises are shifting about the way data should be extracted and used.  In Big Data a professor at Oxford and a business journalist explain that the world of information is about to change.

Authors Mayer-Schonberger and Cukier explain that in traditional academic research, faculty members look for causation.  When researchers collect data, they are concerned with sample size, measurement error and bias.  But in the world of big data, none of this matters because the N=all.  Researchers trade their small sample size and rigorous accuracy for a comprehensive messy dataset that in the end is closer to reality.  Instead of searching for causation, researchers look for patterns and correlations that offer novel insights.  These correlations are also used to make predictions, without knowing the cause.  Big data fundamentally changes the way research is conducted.

Every three years the world’s stock of information doubles.  Processing power doubles in half that time. The volume of information available today combined with powerful data processing technologies means that researchers can process information in original ways to predict the stock market, health epidemics or societal trends.  Companies can harness information as an economic input, producing services or creating innovation.  With big data, things can be done at a large scale that cannot be done at a smaller one.   Coursera tracks the web interactions of 10,000 students in a class to change the pedagogy based on what students understand.  Experian sells data on peoples’ income levels estimated from 800 million credit histories.  A third of Amazon’s sales result from its computer-generated recommendations which are based on associations among products in billions of transactions.  These are far more successful than the personalized recommendations by human book critics formerly on Amazon’s staff.

Risks are abundant.   Google records how we browse and Amazon knows what we buy.  Verizon records who we talk to.  Twitter stores what we say.  Facebook logs who we like.  Privacy issues are significant.  In addition, computer algorithms predict the stock market with varying degrees of success but the power to pre-judge individual human behavior threatens our personal freedom.  Yet big data also offers solutions to problems, both vexing everyday problems and transformational societal issues.  Big Data is a clear look into how information is changing our world in surprising ways.  A remarkable and readable book, Big Data is highly recommended.

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