Broke: What Every American Business Must Do to Restore Our Financial Stability and Protect Our Future

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Broke: What Every American Business Must Do to Restore Our Financial Stability and Protect Our Future Pub. Date: 12/9/2009 Publisher: Wiley, John & Sons, Incorporated

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Overview

Praise for Broke

"Business has never had more legitimacy, opportunity, and capability to impact the issues John addresses—and many world-class companies already are. From values-based leadership to education, healthcare, and environmental issues like safe water—business is and will continue to make a positive difference for our children's future."
—Steven S. Reinemund, Dean and Professor of Leadership and Strategy, Babcock Graduate School of Management, and Dean, Calloway School of Business and Accountancy, Wake Forest University; and former CEO of PepsiCo

"John Mumford has written a riveting and very necessary book about the failure of American institutions to cope with a new world, the corruption of values, and the absence of strong visionary leaders. Broke is breathtakingly comprehensive and Mumford does not mince words. Mumford explains how we can achieve an America both great and good, a nation with 'a single value system that matches the vision of the Founding Fathers.' I¿highly recommend this book. It's like nothing you've ever read before."
—Fred Barnes, Fox News commentator

"John Mumford has accepted a significant challenge in assessing the future of our nation's twenty-first century. At this important moment in history, we must carefully examine the signs of future change. Broke is a valuable reference for all Americans. It examines seventeen issues that are important to our future, including the issue of healthcare about which I am very passionate. This work establishes a new leadership model for public servants and sets a high standard for their service. More importantly, it establishes a new forum for public debate on the actions that will set the course of the nation for our children and grandchildren in the coming years. Every American would benefit from reading Broke. It is my hope that we will heed the call to action."
—The Honorable Tommy G. Thompson, former Secretary,United States Department of Health and Human Services

"John Mumford has accomplished a formidable task in writing Broke. No one in our generation has attempted to take a long, hard look at where our policy decisions of the last forty years have taken America and where these decisions will leave our children and grandchildren. I heartily commend this book to the realists among us and to those who aspire to national leadership in the years to come. We have much work to do before our current generation of leaders can be satisfied with their legacy."
—The Honorable Zell Miller, former United States Senator

Product Details

ISBN-13: 9780470504611
Publisher: Wiley, John & Sons, Incorporated
Publication date: 12/9/2009
Edition number: 1
Pages: 330
Sales rank: 859,440
Product dimensions: 6.20 (w) x 9.10 (h) x 1.30 (d)

Meet the Author

John B. Mumford is the founder of The Washington Group Consultants, LLC, which works with both Fortune 500 companies and nonprofits on all phases of strategic and operations management. A graduate of the U.S. Military Academy at West Point, he served two tours of duty in Vietnam as an officer in the U.S. Army Corps of Engineers. After his service, he obtained an MBA from Harvard Business School. With nearly four decades' experience in the military, government, and business, he is also a sought-after speaker on leadership, values, and business ethics. Learn more about John at www.WashingtonGroup.com and more about Broke at www.AmericaFutureWatch.org.

Ch. 1 Down a Dark Road

Ch. 2 The Dilemma - Is America Off Course?

Ch. 3 Applying Timeless Principles to Business Leadership

Ch. 4 Business Leadership and the Political Process

Ch. 5 The Vital Role of Business Leaders - Getting Your Enterprise in Top Shape

Ch. 6 Overcoming the Declining Dollar

Ch. 7 Managing Business Debt (So that it doesn't manage you!)

Ch. 8 Avoiding Derivatives and Financial Tsunamis

Ch. 9 Preparing for Inevitable Disasters

Ch. 10 Controlling Inflation's Damage to Business

Ch. 11 Avoiding the Liquidity Traps

Ch. 12 Maintaining Sound Business Pensions

Ch. 13 Business and Our Nation's Financial Stability

Ch. 14 Water - Business and a New Direction

Ch. 15 Business Solutions to Energy Gridlock

Ch. 16 Environment - Renewal and Redirection

Ch. 17 Infrastructure Renewal - Business Can Lead

Ch. 18 Business and Renewed International Relationships

Ch. 19 Business and the Limits to Empire

Ch. 20 Overcoming Technology Losses

Ch. 21 Limiting the Impact of Terror

Ch. 22 Business Solutions for the Developing World

Ch. 23 Business and International Environmental Resources

Ch. 24 The Role of Principled Leadership in America's Turnaround

Ch. 25 A Tale of Two Nations - Which Path Will We Choose?

Index

List of Appendices

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CGsCreations

Posted January 20, 2010

I Also Recommend:

Wake Up - Slap in the Face - Book explaining the drastic current state of the US and the politicians' policies and agendas. You walk away with drive to help take charge and contribute to the US and its young citizens.

This book is at first depressing because it brings the actual condition of the US to the forefront. Mumford explains how other great economies have disintegrated in the past, and the US is only inches away from the same result. Of course we all recognize these issues and the directions of the US and the agendas of "career politicians," however we all place the responsibility of change with someone else. With the huge excitement of change in President Obama's campaign which is now following the same political agendas of the past politicians of the recent 20th century, the book explains that leadership needs to drastically change.

The book explains that we must take charge of our country's direction and we need to get back to the basics. We must return to an ethical focus, a long-term focus, rather than the short-term, get it now agenda of the past 50 plus years.

John Mumford backs his findings with history and studies that clearly proves his point. He also writes in a way that explains the truth which is ultimately not "Republican" or "Democrat" politics. He further explains that the blame game or passing the buck ideology is not going to float much longer before we as a country passes the point of no return.

A must read, and a must past-down to a young adult to read and share.

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