THE 7 BOOKS ARE ON THE FOLLOWING TOPIC:-
1)MOTIVATION
2)FINANCE
3)FOCUS
4)HAPPINESS
5)SOCIAL
WE RECOMMEND THAT YOU SHOULD PURCHASE THESE BOOKS AND READ THEM 2-3 TIMES SO THAT THESE PRINCIPLES CAN BE CONVERTED INTO A HABIT.
What Is The Importance Of MOTIVATION
THE IMPORTANCE OF MOTIVATION.
The key to leadership success is MOTIVATING OTHERS TO DO THEIR BEST.
The importance of satisfaction in the workforce cannot be overstated.
Losing an employee can cost over $100,000.
Motivating the right people to join and remain with the organization is a key function of managers.
People are motivated by a variety of things.
An INTRINSIC REWARD is the good feeling you have when you have done a good job.
An EXTRINSIC REWARD is something given to you by someone else as recognition for good work and include pay increases, praise, and promotions.
MOTIVATION, the drive to satisfy a need, ultimately comes from WITHIN AN INDIVIDUAL.
The purpose of this chapter is to help you learn how to stimulate people and bring out that natural drive to do a good job.
The job of a manager is to find each workers’ commitment, encourage it, and focus it on some common goal
What Is The Importance Of FINANCE and Its ROLEs
Types of Finance
Venture capital is an area of finance that specializes in funding new companies and their expansion efforts. Trade finance makes international trade possible by issuing Letters of Credit (LOC) used to purchase goods from overseas companies. An LOC funds the manufacturing of products when a company uses the LOC as collateral for a manufacturer's loan. Bank loans help finance accounts receivable, and credit cards help finance a company's travel and entertainment expenses. All this activity in turn serves to keep money flowing throughout the global economy.
Functions in Finance
Finance is the process of creating, moving and using money, enabling the flow of money through a company in much the same way it facilitates global money flow. Money is created by the sales force when they sell the goods or services the company produces; it then flows into production where it is spent to manufacture more products to sell. What remains is used to pay salaries and fund the administrative expenses of the company.
Benefits
The flow of finance starts on Wall Street with the creation of capital used to fund business through the issuance of common stock to provide capital, bonds to lend capital and derivatives (packaged groups of securities that help to hedge against financial risk and replace the money banks lend out to borrowers). Public companies and municipalities use this capital to help fund their operations, and banks use it to lend to companies, municipalities and individuals to finance the purchase of goods and services.
Significance
When some element of the finance process breaks down companies go out of business and the economy moves into recession. For example: If a major bank loses a significant amount of money and faces the risk of insolvency, other banks and corporate customers will stop lending or depositing money to the problem bank. It will then stop lending to its customers and they will not be able to purchase the goods or pay the bills for which they were seeking funding. The flow of money throughout the financial system slows down or stops as a result.
Considerations
All facets of the global economy depend upon an orderly process of finance. Capital markets provide the money to support business, and business provides the money to support individuals. Income taxes support federal, state and local governments. Even the arts benefit from the financial process because they draw their money from corporate sponsors and individual patrons. Capital markets create money, businesses distribute it, and individuals and institutions spend it.
YOU CAN ALSO LEARN FINANCE EASILY FROM FINANCE TUBE ON YOUTUBE.COM
The Importance Of FOCCUS
How might focus help you succeed? Using examples of famous people from disparate fields, such as James Cameron, Quincy Jones, and Larry Page, Richard St. John suggests why focus is one of eight traits common in successful people.
TedTalks
What Is Happiness
In philosophy, happiness translates the Greek concept of eudaimonia, and refers to the good life, or flourishing, rather than simply an emotion.
In psychology, happiness is a mental or emotional state of well-being which can be defined by, among others, positive or pleasant emotions ranging from contentment to intense joy.Happy mental states may reflect judgements by a person about their overall well-being.
Since the 1960s, happiness research has been conducted in a wide variety of scientific disciplines, including gerontology, social psychology, clinical and medical research and happiness economics.
The United Nations declared 20 March the International Day of Happiness to recognise the relevance of happiness and well-being as universal goals.
what is happiness by sadguru must watch this video
