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Richard Branson has a new favourite book that we should all add to our ā€œmust-readā€ lists

New Power by Jeremy Heimans and Henry Timms is the latest book to grab the attention of Richard Branson, whoā€™s added it to his list of ā€œmust-readā€ books.
Benjamin Savona
Benjamin Savona
Richard Branson
Richard Branson. Source: Andrew Matthews/PA Wire.

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.

ā€œThe world has changed a lot in the 50 years Iā€™ve been in business, and power has definitely shifted,ā€ Branson said.

ā€œTechnology has advanced and our behaviour is changing too. It affects us all in many different ways, but Iā€™m 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.

ā€œItā€™s 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 ā€œold powerā€ and ā€œnew powerā€.

ā€œ[The authors] see ā€˜old 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.

ā€œThey say ā€˜new 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 ā€œnew powerā€ world had Branson ā€œespecially intriguedā€, and made him think of his daughter Holly Bransonā€™s role at Virgin, ā€œwhere she is part of a team tasked with driving forward our strategy of businessā€.

New Power is the latest addition to Richard Bransonā€™s list of  ā€œmust-readā€ books, which is full of childrenā€™s literature, autobiographies and profiles of contemporary businesses.

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