Stanley Bing, whose book Throwing the Elephant is making a run at the bestseller lists, is at work on a new novel everyone on Wall Street can appreciate.
It's called, You Look Nice Today and is about "the effect that a loss of status has on a person who's come a certain way in their life," says Bing. "It's about loss of context, what it does to character, both good and bad."
The book will be published by Bloomsbury next spring.
Maybe by then Wall Street will stop firing people. Bing, whose real name is Gil Schwartz, a senior vice president of corporate communications at CBS, says the novel will be "deeper, sharper," than his 1999 novel, Lloyd: What Happened, and there won't be any business graphics -- tables and pie charts and the like -- this time around.
It will still be pretty funny, because Bing is one of the funniest columnists writing about business life today. He might be one of the only funny columnists writing about business today, come to think of it, and because of that his work is a real tonic, both in Fortune, where his column now appears, and on the business and management shelves of your local bookstore, where so much otherwise deadly stuff resides.
Bing's book is called Throwing the Elephant: Zen and the Art of Managing Up. It is getting a lot of attention right now because "how to relate to authority is an important subject," says Bing. His previous book was, What Would Machiavelli Do?
The author starts right out by dropping a bomb on those other business books, all of which are "based on the idea that power can be managed through rational means. It can't," he advises.
"It is only through a leap of faith that one may gain one's footing in the tumultuous, slippery terrain in which unruly, unreasoning, selfish, mean, crafty, manipulative, infantile, and belligerent power can be managed." He continues, "Only the power of Zen concentration will result in a happy business life for the subordinate who yearns for understanding, control, and enlightenment."
I met Bing for breakfast at Michael's, which is one of those Manhattan restaurants where, to paraphrase the man himself, big dogs go to groom each other's fur. He said his new book marked a logical progression on the subject of bosses. The first was Crazy Bosses. The next was the Machiavelli book, which was subtitled The Ends Justify the Meanness.
Those books described bosses, more often than not using their own words. The new book describes how to deal with them. Because, as Bing says, quoting one of his former chiefs, "You can't choose your boss." In other words, this is how work works. Most people spend a whole lot of time bitterly complaining about their bosses, thinking somehow, somewhere, there is an ideal job out there where bosses won't act ... like bosses -- or, as Bing calls them here, elephants.
Bing walks you through the whole process of managing up, and it is a dull boy or girl who won't find a lot of resonance here with their own experiences. The chapters are all pithy, and include such subjects as "Presenting Alternative Strategies to the Elephant," "Convincing the Elephant That It Was the Elephant's Idea," and "Frightening the Elephant with Mice." What does this have to do with municipal bonds, you may well ask. Bankers who work on municipal bond issues still spend a lot of time on planes traveling to see their customers, and the other week one of them asked me for a book suggestion. This is it.
Bing in person is a pretty serious fellow, although we did manage to discuss the recurring theme of bacon and pigs-in-blankets in his works. He says that all his elephants have been superb, and approving of the work he does under the pseudonym Stanley Bing. He admits that Gil Schwartz gets better tables at restaurants.
EXPRESSING GRATITUDE: Without its Taiwanese partners which are ‘working around the clock,’ Nvidia could not meet AI demand, CEO Jensen Huang said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and US-based artificial intelligence (AI) chip designer Nvidia Corp have partnered with each other on silicon photonics development, Nvidia founder and CEO Jensen Huang (黃仁勳) said. Speaking with reporters after he met with TSMC chairman C.C. Wei (魏哲家) in Taipei on Friday, Huang said his company was working with the world’s largest contract chipmaker on silicon photonics, but admitted it was unlikely for the cooperation to yield results any time soon, and both sides would need several years to achieve concrete outcomes. To have a stake in the silicon photonics supply chain, TSMC and
SILICON VALLEY HUB: The office would showcase Taiwan’s strengths in semiconductors and artificial intelligence, and help Taiwanese start-ups connect with global opportunities Taiwan has established an office in Palo Alto, one of the principal cities of Silicon Valley in California, aimed at helping Taiwanese technology start-ups gain global visibility, the National Development Council said yesterday. The “Startup Island Taiwan Silicon Valley hub” at No. 299 California Avenue is focused on “supporting start-ups and innovators by providing professional consulting, co-working spaces, and community platforms,” the council said in a post on its Web site. The office is the second overseas start-up hub established by the council, after a similar site was set up in Tokyo in September last year. Representatives from Taiwanese start-ups, local businesses and
‘DETERRENT’: US national security adviser-designate Mike Waltz said that he wants to speed up deliveries of weapons purchased by Taiwan to deter threats from China US president-elect Donald Trump’s nominee for US secretary of defense, Pete Hegseth, affirmed his commitment to peace in the Taiwan Strait during his confirmation hearing in Washington on Tuesday. Hegseth called China “the most comprehensive and serious challenge to US national security” and said that he would aim to limit Beijing’s expansion in the Indo-Pacific region, Voice of America reported. He would also adhere to long-standing policies to prevent miscalculations, Hegseth added. The US Senate Armed Services Committee hearing was the first for a nominee of Trump’s incoming Cabinet, and questions mostly focused on whether he was fit for the
IDENTITY: Compared with other platforms, TikTok’s algorithm pushes a ‘disproportionately high ratio’ of pro-China content, a study has found Young Taiwanese are increasingly consuming Chinese content on TikTok, which is changing their views on identity and making them less resistant toward China, researchers and politicians were cited as saying by foreign media. Asked to suggest the best survival strategy for a small country facing a powerful neighbor, students at National Chia-Yi Girls’ Senior High School said “Taiwan must do everything to avoid provoking China into attacking it,” the Financial Times wrote on Friday. Young Taiwanese between the ages of 20 and 24 in the past were the group who most strongly espoused a Taiwanese identity, but that is no longer