What does Richard Branson ā one of the most intriguing, eccentric and successful businessmen of the modern era ā do when he is looking to expand his horizons?
Apparently, he reads. And, thankfully for the rest of us, he shares the books he finds interesting with the wider world.
New Power by Jeremy Heimans and Henry Timms is the latest book to grab the attention of Branson, who wrote about it in an article on the Virgin website.
āThe world has changed a lot in the 50 years Iāve been in business, and power has definitely shifted,ā Branson said.
āTechnology has advanced and our behaviour is changing too. It affects us all in many different ways, but Iām very optimistic that the power shift can help create a stronger society for us all. It can amplify movements and help drive positive change,ā he said.
Branson believes the shift in power is described well in New Power.
āItās a useful lens to use when thinking about how business has changed, how to spread ideas or start a movement, or create change,ā Branson said.
Branson elaborated further by touching on how the book describes āold powerā and ānew powerā.
ā[The authors] see āold powerā as something that works like a currency and is held by a few. Once gained, it is jealously guarded, and the powerful have a substantial store of it to spend. It is closed, inaccessible, and leader-driven,ā Branson wrote.
āThey say ānew powerā operates differently, like a current. It is made by many. It is open, participatory, and peer-driven. It uploads, and it distributes,ā he said.
Notions of how leadership is changing in a ānew powerā world had Branson āespecially intriguedā, and made him think of his daughter Holly Bransonās role at Virgin, āwhere she is part of a team tasked with driving forward our strategy of businessā.
New Power is the latest addition to Richard Bransonās list of āmust-readā books, which is full of childrenās literature, autobiographies and profiles of contemporary businesses.
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