Latest news with #HighOutputManagement
Yahoo
25-06-2025
- Business
- Yahoo
Ken Griffin says young grads who are not interested in reading books about their field have 'picked the wrong career'
Ken Griffin advises young graduates to read about their chosen fields. "If it's not interesting to you, you picked the wrong career. It's that simple," the billionaire said. He said that not all of Citadel's hires come with a mindset of reading and learning after college. If you don't like reading books about your career, you should choose another one, according to Ken Griffin. In an interview with S&P Global released on Tuesday, Citadel's founder and CEO said that young graduates need to read about the domains they are in and change careers if they don't find those books interesting. "Stay current in the body of knowledge that represents the career you've chosen," Griffin said. "And by the way, if it's not interesting to you, you picked the wrong career. It's that simple." Griffin, who founded Citadel in 1990 — a year after graduating from college — added that it's OK to experiment with your career early on. "In America in particular, that's totally fine," he said. "No one will judge you for going from one career to a radically different field throughout your 20s." Not everyone at his own investment firm enters with this mindset, Griffin said. "We hire endless numbers of really bright undergraduates. Some of them have this belief that when you graduate from college, you're done reading textbooks, and nothing can be further from the truth," he said. Citadel has $66 billion in assets under management and is among the world's largest and most successful hedge funds. The firm did not respond to a request for comment from Business Insider. The CEO said that his book recommendation for anyone starting their career is Jim Collins' "Good to Great" because it outlines the keys to running a business, such as how to build a good team. Business leaders across the industry have been vocal about the importance of reading intensely and have recommended several books, many specifically for those early in their careers. Bill Gates and Warren Buffett suggest reading "Business Adventures" by John Brooks, a collection of 12 essays about financial and corporate life in the US. Meta's CEO, Mark Zuckerberg, and LinkedIn's founder, Reid Hoffman, recommend Eric Ries' "The Lean Startup," a book about entrepreneurship and iterating quickly. Bumble's CEO, Whitney Wolfe Herd, has suggested reading Adam Grant's "Originals: How Non-Conformists Move the World," a book about how people can drive change without conforming to the status quo. Airbnb's Brian Chesky has spoken about "High Output Management" by Andy Grove, a handbook where the former CEO of Intel shares his take on how to build and run a company. Read the original article on Business Insider
Business Insider
25-06-2025
- Business
- Business Insider
Ken Griffin says young grads who are not interested in reading books about their field have 'picked the wrong career'
If you don't like reading books about your career, you should choose another one, according to Ken Griffin. In an interview with S&P Global released on Tuesday, Citadel's founder and CEO said that young graduates need to read about the domains they are in and change careers if they don't find those books interesting. "Stay current in the body of knowledge that represents the career you've chosen," Griffin said. "And by the way, if it's not interesting to you, you picked the wrong career. It's that simple." Griffin, who founded Citadel in 1990 — a year after graduating from college — added that it's OK to experiment with your career early on. "In America in particular, that's totally fine," he said. "No one will judge you for going from one career to a radically different field throughout your 20s." Not everyone at his own investment firm enters with this mindset, Griffin said. "We hire endless numbers of really bright undergraduates. Some of them have this belief that when you graduate from college, you're done reading textbooks, and nothing can be further from the truth," he said. Citadel has $66 billion in assets under management and is among the world's largest and most successful hedge funds. The firm did not respond to a request for comment from Business Insider. The CEO said that his book recommendation for anyone starting their career is Jim Collins' "Good to Great" because it outlines the keys to running a business, such as how to build a good team. Business leaders across the industry have been vocal about the importance of reading intensely and have recommended several books, many specifically for those early in their careers. Bill Gates and Warren Buffett suggest reading " Business Adventures" by John Brooks, a collection of 12 essays about financial and corporate life in the US. Meta's CEO, Mark Zuckerberg, and LinkedIn's founder, Reid Hoffman, recommend Eric Ries' "The Lean Startup," a book about entrepreneurship and iterating quickly. Bumble's CEO, Whitney Wolfe Herd, has suggested reading Adam Grant's "Originals: How Non-Conformists Move the World," a book about how people can drive change without conforming to the status quo. Airbnb's Brian Chesky has spoken about "High Output Management" by Andy Grove, a handbook where the former CEO of Intel shares his take on how to build and run a company.
Business Insider
11-06-2025
- Business
- Business Insider
Dropbox CEO Drew Houston's favorite books on business and management include these 4 must-reads
Dropbox's CEO reads a lot of business books but credits four with making him a better business leader. Drew Houston cofounded Dropbox in 2007 and has been CEO since. In the nearly 20 years he's been at the helm of the cloud storage company, a few books have been instrumental in shaping his approach to business leadership and management, he says. He was influenced by "a lot of the classics," he said during an episode of Fortune's "Leadership Next" podcast released Wednesday. One of his favorites is "The Effective Executive" by Peter Drucker. Though first published in 1966, the book shares timeless insights that have landed it a spot on many business leaders' must-read lists, including Amazon founder Jeff Bezos. When Bezos was still CEO, "The Effective Executive" was one of three books he required members of his senior management team to read. Drucker is widely considered the founder of modern management. "The Effective Executive" covers topics including time management, effective decision-making, and management via objectives and goals. Houston also loves a few books from Andy Grove, the late former CEO of Intel, specifically "High Output Management" and "Only the Paranoid Survive." The former imparts lessons from Grove's tenure at Intel on how to build and run a business. The latter digs into navigating what Grove calls "Strategic Inflection Points," which he defines as key moments where a business has to make major adjustments or risk becoming obsolete. Houston says these books taught him about "the mindsets you need to cultivate while being CEO or having any other demanding job." "A lot of leadership is really who you are and how you enter the field you create around you," he said. Houston also recommended "The 15 Commitments of Conscious Leadership," by Jim Dethmer, Diana Chapman, and Kaley Warner Klemp. It "was really instrumental in helping me with some of the things that you don't learn from sort of a textbook, around how to lead a company, how to navigate adversity, how to be the kind of person other people want to follow," he said.
