When books turn inspiration: Motilal Oswal got authors Marshall Goldsmith & Ram Charan to motivate staff

The Motilal Oswal Financial Services MD shares his ultimate book list.

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Motilal Oswal summarise ‘The Secret’ by Rhonda Byrne in one sentence: Thoughts become Things.
“An investment in knowledge pays the best interest. And investing in knowledge over the years makes this interest compound manifold,” says Motilal Oswal, MD & CEO, MOFSL. He says that over the decades his love for reading and gaining knowledge has paid rich dividends, not just for his personal development but for the growth of his company. Here are some of his all time favourites:

‘Good to Great’ by Jim Collins provides a framework that has kept winning companies, its leaders, and its people on track for the long haul. Using this framework provides a road map to make our own organisation realise its true potential. The best learning I got from the book is to get the right people on the bus, the right people in the right seats, and the wrong people off the bus.

‘The Secret’ by Rhonda Byrne has helped me immensely in monitoring and controlling my thought process proactively to remain focussed. I can summarise the book one sentence: Thoughts become Things.


‘Ultimate Sales Machine’ by Chet Holmes. If you are doing business and more precisely sales; this book is a must read. It highlights the power of sales as a process. Identifying Dream Buyers, Sharpening the Saw (training), Stadium Pitch, Smoking Gun etc are concepts we have adopted widely in our company with great success.

‘Don’t Lose Your Mind; Lose Your Weight’ by Rujuta Divekar has helped me stay agile – both physically and mentally. The premise of the book that dieting is not about deprivation of food, on the contrary it's about providing our body with the right kind of nourishment; resonated with me so well that I ordered over 500 copies to be distributed among employees in our company. I found The 4 Principles of eating right mentioned in the book a practical life hack to better health.

‘What Got You Here Won’t Get You There’ by Marshall Goldsmith highlights that behavioural problems, not technical skills, are what separate the great from the near great. It shares 20 career/business derailing habits that prevent us from achieving our true potential. I got so much inspired from the book that we got Marshall to do a full day session for our employees and customers.
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Ram Charan is a highly sought-after advisor to Fortune 500 companies and his book ‘Execution- The Discipline of Getting Things Done’ (co-authored with Larry Bossidy) shares the importance of execution in every business enterprise. After all ideas/vision on their own are meaningless unless there is the will and discipline to execute them. I am a big fan of Ram Charan and got him to our office for a full day session for our team.

Being in the investing business, I found ‘The Psychology of Money’ by Morgan Housel providing timeless lessons on how people look at money. After all money management is not just about the rational. But also about the emotions of greed and fear and managing expectations.

Predictive Text: 'Frankenstein', '1984' And Other Books That Foretold The Future
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A look back at the different times when authors unleashed the Nostradamus in them and came up with something that was years ahead of its time.

A look back at the different times when authors unleashed the Nostradamus in them and came up with something that was years ahead of its time.

Vision: Virus outbreak

In 1981, Dean Koontz wrote a novel titled 'The Eyes of Darkness'. In the book, Koontz mentions a fictional biological weapon Wuhan-400, nearly 40 years before the coronavirus outbreak occurred.

'The Eyes of Darkness' is a story about a mother who discovers her son Danny is being kept in a military facility after being infected with a man-made microorganism called ‘Wuhan-400’. While Twitter went into a little bit of tizzy, that’s where the similarity ends. Unlike the book’s virus, which has a 100 per cent fatality rate, the real world covid-40 has a fatality rate that ranges between two per cent and 14 per cent, depending on several factors.

(Image: Amazon)

Vision: Virus outbreakIn 1981, Dean Koontz wrote a novel titled 'The Eyes of Darkness'. In the book, Koontz mentions a fictional biological weapon Wuhan-400, nearly 40 years before the coronavirus ou..
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Vision: Electric submarines

Jules Verne is considered one of the most forward thinking authors of the 19th century and has predicted numerous things in his most famous book, Twenty Thousand Leagues Under The Sea, which was published in 1870. Verne not only predicted electric submarines 90 years before they were invented, he also imagined them just as they turned out — long and cylindrical. Verne’s submarine called Nautilus also included a main cabin, navigational devices, a dining room, and barometer.

(Image: barnesandnoble.com)

Vision: Electric submarinesJules Verne is considered one of the most forward thinking authors of the 19th century and has predicted numerous things in his most famous book, Twenty Thousand Leagues Un..
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Vision: Mass surveillance

Orwell’s book focuses on topics we are all too familiar with today: Censorship, propaganda, surveillance, and oppressive governments. It was written nearly 70 years ago. In the book, Orwell predicted mass surveillance and police helicopters. Much of what the British author imagined has come true, including facial recognition, speech to text conversion, music made by artificial intelligence, and, of course, the concept of ‘Big Brother’ watching your every move.

(Image: Amazon)

Vision: Mass surveillanceOrwell’s book focuses on topics we are all too familiar with today: Censorship, propaganda, surveillance, and oppressive governments. It was written nearly 70 years ago. In t..
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Vision: Mars has two moons

This all-time favourite book follows a man named Gulliver as he stops at different worlds, those occupied by giants, another by little humans, and one of the most interesting, the island of Laputa. Laputa, in the book, is a floating world filled with scientists. Swift writes about how Gulliver and Laputian astronomers noted that Mars has two moons in its orbit. Today we know this claim to be true, that Mars indeed does have two moons. But Swift wrote 'Gulliver’s Travels' in 1726, nearly 150 years before Phobos and Deimos — the two moons of Mars — were discovered in 1877.

Vision: Mars has two moonsThis all-time favourite book follows a man named Gulliver as he stops at different worlds, those occupied by giants, another by little humans, and one of the most interestin..
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Vision: Organ Transplants

Written in 1818, Shelley’s novel is often considered one of the first science-fiction novels. At that time, science was just beginning to explore the concept of bringing dead tissue back to life using electricity. In Mary Shelley’s 'Frankenstein', the doctor is able to keep an organ alive outside of a body to be transplanted into a new body. To say this was ahead of its time is an understatement. It wasn’t until the mid-20th century (1954) that the first organ transplant became a reality.

Vision: Organ TransplantsWritten in 1818, Shelley’s novel is often considered one of the first science-fiction novels. At that time, science was just beginning to explore the concept of bringing dead..
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