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Earlier this year, a little-known, long out-of-print book with the title Business Adventures made the news.

So, what exactly is noteworthy about this book, which originally carried the ungainly title Business Adventures: Twelve Classic Tales from the World of Wall Street? The book was brought back into print in July 2014 through the efforts of Bill Gates and Warren Buffet.

Making good decisions is the hallmark of being a great leader. But it's not always enough to make “good” decisions—a manager also has to be decisive and quick with responses.

In his book Servant as Leader, Robert K. Greenleaf said, “On an important decision one rarely has 100% of the information needed for a good decision no matter how much one spends or how long one waits. And, if one waits too long, he has a different problem and has to start all over. This is the terrible dilemma of the hesitant decision maker.” 

Have you ever heard the terms manager and leader used interchangeably? It's not uncommon for companies to call their management level “the leadership team.” It's that kind of thinking that waters down the effectiveness of real leaders in an organization. In fact, leaders can reside in any level of an organization, while not every manager is really a “leader.”

For corporate employees with an entrepreneurial mindset, frustration often comes from dealing with internal obstacles. External business challenges are a battle to be fought and won, and it’s easy to get everyone onboard. But large, successful corporations got that way by mastering the day-to-day and quarter-to-quarter tasks efficiently and without error. That can become a problem when you need to grow, innovate, and change the business.