Book in the news: a dollop of secret sauce for CEOs
Book review: Leadership Historian Doris Kearns Goodwin’s latest book is not her usual historical study.
Historian Doris Kearns Goodwin's latest book is not her usual historical study it interweaves stories from the lives of Lincoln, both Roosevelts and Lyndon Johnson in order to "detail leadership tips for non-political types", says Kevin Krill on Bloomberg. The book focuses on a crisis each president faced: Lincoln and the Emancipation Proclamation, Theodore Roosevelt and the 1902 coal strike, FDR's first 100 days and LBJ and the Civil Rights Act.
"Americans are strongly attracted to the idea that there are secret sauces," says Niall Ferguson in The Sunday Times. So it's a "safe bet" that Leadership "will soon sit on the nightstand of every CEO in the land and will be avidly read by the legion of ambitious young people who want their jobs". But "if we're serious about arriving at a general theory of leadership", we'll need more presidents than are examined here, and "some failures in the mix, too".
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Goodwin highlights her subjects' common traits preternatural persistence, a surpassing intelligence and a gift for storytelling but "it is the differences among them that are most interesting", says David Greenberg in The New York Times. Indeed, the book is at its best when the author "resists the urge to glean pat lessons or rules from the past and allows herself to savour the stubborn singularity of each moment or personality". Still, one "can only hope that a few of Goodwin's many readers will find in her subjects' examples a margin of inspiration and a resolve to steer the country to a better place".
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.

-
Millions at risk of 'unnecessary' tax bill – how to shield your savingsMillions of Brits could be taxed on their savings interest this year as their savings interest exceeds the personal savings allowance. Are you at risk?
-
Savers will have to wait as long as 48 years to build a £1m cash ISA pot if allowance is cutChancellor Rachel Reeves is rumoured to be planning a cut to the cash ISA allowance in the Autumn Budget, making it harder for savers to build wealth. Will you still be able to build a £1 million cash ISA pot?