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The Company is a must-read book for anyone enmeshed in corporate America (or corporate-anywhere) because it explains how we got here, as organization-man and why we are organized in the way we are. The institution of the stock company stretches back for a thousand years or more, but the recognizable roots are back in the 1600s and 1700s. Micklethwait & Wooldridge bring this otherwise dusty history alive for us, showing the reader that the organizational challenges we face today in a corporatist society are not new, and that solutions to problems we believe are unique to ourselves have been found in other situations and other eras. I felt that this book gave me great perspective on the organization I work in and about the organizations we regulate and serve. It was useful as an intellectual diversion but also as something I can use to help guide my work in my everyday job.
The prospective reader need not be wary of this being some very very long article out of the Harvard Business Review or a more popular business magazine like the Economist (where the two authors are employed). This book uses history intertwined with interesting anecdote to keep this story interesting throughout.
Not everything about this audiobook was perfect. This book may not have been ideally suited to be conveyed in audio form because of its density of detail. To help myself along, I borrowed the hardbound volume from the library, and skimmed it in segments interspersed with listening. I don?t think I would have read the book had I not encountered this volume on Audible, but neither would I have been able to absorb it to my own satisfaction without the crutch of the hardbound book. Others with more familiarity with the subject matter may be able to do without this crutch.
I recommend the book highly to those seriously interested in the institutions we take for granted that are all around us.
28 of 28 people found this review helpful
A surprisingly entertaining view of what could have been a dry subject. I learned a few things, like what "limited" means when used after a company's name, and why that was so important in the development of the company as an institution. Not one of my all time favorite listens to be sure, but an interesting piece of cultural history. Companies are something that we take for granted--as the authors point out, most people work for companies--they are the water our economy swims in. It was fascinating to know how the concept of a company originated and the impact it has had on the economic development of the west.
2 of 2 people found this review helpful