The year 2025 brought forth a remarkable selection of business books that go far beyond traditional management advice. In an era defined by rapid technological acceleration, geopolitical tension, institutional complexity, and uncertainty about progress, these books do more than instruct on leadership — they explain why leadership matters, and in what contexts it can be effective.
The five books highlighted here — House of Huawei, The Thinking Machine, How Progress Ends, Abundance, and Breakneck — reflect the multidimensional challenges that modern business leaders face. They explore technological innovation, corporate strategy, institutional constraints, national competition, and the conditions under which ideas scale. Together, they reveal common themes critical for business leadership today:
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Technology as central to strategy: Leaders must understand AI, semiconductors, and critical infrastructure to compete.
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Innovation is fragile and context-dependent: Breakthroughs must align with institutional, political, and cultural structures.
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Scale depends on systems and ecosystems: Success is shaped by networks, regulatory environments, and collaborative infrastructure.
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Leadership requires navigating complexity: Executives must operate at the intersection of geopolitics, technology, and societal expectations.
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Progress is contested: Optimism about technological potential coexists with scepticism about institutional inertia and risk.
These books stood out because they combine rigorous research, historical insight, and narrative storytelling to illuminate real-world constraints. They provide leaders with frameworks to navigate complexity and anticipate disruption in a hyperconnected, high-stakes global economy.
House of Huawei … The Secret History of China’s Most Powerful Company by Eva Dou
House of Huawei is a meticulous and compelling chronicle of one of the world’s most enigmatic companies. Eva Dou traces Huawei’s evolution from a small provincial telecom supplier to a global technology powerhouse, while exploring the political, economic, and cultural contexts that made its rise possible. Dou’s reporting blends corporate biography with geopolitical analysis, providing a lens through which to understand the intersections of business, technology, and state power.
The book begins with the company’s founding by Ren Zhengfei, a former military engineer whose disciplined leadership and strategic vision shaped Huawei’s ethos. Unlike Silicon Valley founders, Ren prioritised engineering excellence, cost efficiency, and relentless global expansion, which allowed Huawei to challenge established Western incumbents. Early chapters highlight the company’s reverse-engineering efforts on telecommunications switches, demonstrating a culture of intense learning and skill accumulation. Dou vividly describes how employees worked long hours in grueling conditions, cultivating a deep technical expertise that later powered Huawei’s success in 3G and 4G markets.
A defining episode is the 2018 arrest of CFO Meng Wanzhou in Canada at the request of U.S. authorities. This incident illustrates how Huawei’s rise could not be separated from geopolitical tension, as Western governments scrutinised the company’s links to Beijing. Dou shows that Huawei’s corporate culture — described as “wolf warrior” for its fierce competitiveness and loyalty — both fuelled its success and intensified suspicion abroad. Huawei’s ability to operate in emerging markets, often where Western competitors were absent, is framed as both a strength and a geopolitical flashpoint.
Dou also provides insight into Huawei’s global strategy, highlighting its focus on long-term R&D investment, network expansion, and talent development. The company’s approach to risk, regulation, and partnership is dissected with attention to detail, showing how operational discipline combined with strategic foresight to build resilience. Huawei’s story is not presented as a simple triumph; Dou balances admiration for engineering and execution with critical reflection on ethical, political, and security implications.
For business leaders, House of Huawei demonstrates that competitive advantage comes from a combination of technical mastery, organisational discipline, and geopolitical savvy. Success in global technology markets is not only about products or strategy, but also about understanding and navigating the broader systems — political, regulatory, and cultural — in which firms operate. Dou’s book offers a blueprint for how companies can operate at the edge of possibility while balancing ethical, strategic, and operational pressures, making it a vital study in contemporary corporate leadership.
The Thinking Machine … Jensen Huang, Nvidia, and the World’s Most Coveted Microchip by Stephen Witt
The Thinking Machine chronicles the rise of Nvidia and the vision of its co-founder and CEO, Jensen Huang, whose leadership transformed a graphics chip manufacturer into the epicentre of the AI revolution. Stephen Witt combines biography, corporate history, and technology reporting to explore how Nvidia’s GPUs became the critical infrastructure for machine learning, high-performance computing, and modern AI. The book is part corporate strategy study, part technological narrative, and part character portrait, offering leaders insight into the combination of vision, execution, and ecosystem orchestration required to create a market-defining company.
Huang emerges as a visionary yet pragmatic leader. Witt details the early challenges Nvidia faced: fierce competition from established semiconductor players, tight capital conditions, and the need to convince both developers and investors of the potential of GPU technology beyond gaming. Huang’s strategic insight was recognising that GPUs could excel at parallel computation, making them ideal for deep learning workloads — long before AI’s commercial boom. This foresight allowed Nvidia to pivot successfully from consumer graphics to enterprise-scale AI infrastructure.
A compelling anecdote involves Nvidia’s early bet on AI research. Huang anticipated that deep learning would reshape computing, and he invested heavily in developing GPUs optimised for these workloads, creating the architectural foundation that competitors struggled to replicate. Witt highlights how Huang cultivated an ecosystem of partners, from cloud providers to research labs, reinforcing Nvidia’s dominance. This demonstrates the strategic importance of ecosystem orchestration, not just technological innovation.
The book also explores Nvidia’s culture of engineering excellence, cross-functional collaboration, and disciplined risk-taking. It emphasises how leadership vision must be paired with the ability to execute, communicate, and align stakeholders across diverse domains. The narrative shows that innovation at scale is as much about organisational design and foresight as it is about invention.
For business leaders, The Thinking Machine is a guide to anticipating technological shifts, leveraging ecosystem dynamics, and leading organisations capable of defining entire markets. Witt’s account reminds readers that technical insight must be combined with strategic acumen and operational precision to achieve global impact. Nvidia’s journey demonstrates that visionary leadership, when paired with disciplined execution and network effects, creates enduring competitive advantage in high-tech industries.
How Progress Ends … Technology, Innovation, and the Fate of Nations by Carl Benedikt Frey
In How Progress Ends, Carl Benedikt Frey examines the fragility of technological and economic progress, arguing that innovation alone does not guarantee prosperity. Frey traces historical patterns in which breakthroughs failed to translate into sustained growth, demonstrating how institutions, culture, and scaling capacity shape the ultimate impact of new ideas.
Frey’s central argument is that progress is contingent. He contrasts historical examples such as Song China, where technical ingenuity did not translate into global dominance, with the United States, where federal structures enabled experimentation and diffusion of ideas. He demonstrates that technological potential requires alignment with organisational, political, and economic systems to achieve meaningful outcomes.
The book explores the tension between decentralisation and centralisation. Decentralised systems foster experimentation, risk-taking, and serendipity, whereas centralised systems allow for rapid scaling and consolidation of innovation. Frey argues that societies — and by extension, businesses — must strike a balance to avoid stagnation. Overemphasis on either can stifle progress: too much centralisation produces rigidity, while too much decentralisation produces fragmentation.
Historical anecdotes illustrate this vividly. Frey recounts how Europe’s fragmented city-states enabled scientific experimentation and competition, while imperial bureaucracies often stifled similar breakthroughs. In contemporary terms, Frey warns that even the most advanced economies risk stagnation if institutions cannot absorb and scale innovation efficiently.
For business leaders, the book underscores the importance of contextual intelligence: understanding not just technology, but the institutional and social frameworks that determine whether it can succeed. Companies must anticipate regulatory, cultural, and operational barriers and design strategies that allow ideas to scale. Frey’s work provides a framework for recognising systemic bottlenecks and crafting organisations capable of sustaining long-term innovation in complex environments.
Abundance … How We Build a Better Future by Ezra Klein and Derek Thompson
Abundance examines the paradox of technological capability versus societal outcomes. Klein and Thompson argue that scarcity often stems from policy and institutional barriers, not lack of technical capacity, and that innovation alone cannot solve systemic problems unless it aligns with regulatory and political structures.
The book contrasts extraordinary successes — such as the rapid development of COVID-19 vaccines — with decades-long delays in infrastructure projects in housing, transportation, and energy. These examples illustrate that clear policy objectives, streamlined processes, and coordinated leadership can unlock transformational outcomes even in bureaucratic systems.
Klein and Thompson argue that business leaders must recognise the strategic significance of regulatory and policy environments. Understanding where incentives, rules, and procedural bottlenecks lie allows organisations to plan realistically and influence systems to enable impact at scale. The authors also advocate collaboration between the public and private sectors to overcome systemic obstacles, highlighting how multi-stakeholder coordination can accelerate progress.
A central theme is that abundance — widespread prosperity enabled by technology — is achievable but requires systemic orchestration. Business leaders are challenged to think beyond product innovation to consider the infrastructure, regulations, and institutional mechanisms that enable growth.
Through rich storytelling and data-driven analysis, Abundance offers practical insights for leaders seeking to maximise impact, navigate institutional barriers, and build projects capable of delivering tangible benefits to society. It emphasises that successful enterprises are as much builders of systems as producers of goods or services.
Breakneck … China’s Quest to Engineer the Future by Dan Wang
Breakneck explores China’s industrial and technological rise as an “engineering state” capable of executing large-scale projects with speed, coordination, and precision. Dan Wang presents a compelling thesis: China’s distinct institutional and cultural structures prioritise rapid execution and systemic engineering, contrasting sharply with the U.S.’s slower, more deliberative model.
Wang documents how China combines central planning, state-aligned incentives, and disciplined project management to achieve rapid urbanisation, infrastructure build-out, and industrial innovation. He provides rich anecdotal narratives — from sprawling factory complexes to high-speed rail projects — to illustrate how the country translates ambition into tangible outcomes.
The book highlights China’s strategic focus on technological and industrial self-reliance, including semiconductor development, renewable energy, and AI. Wang describes how the state orchestrates talent, capital, and infrastructure to mitigate risk and accelerate deployment, creating competitive advantages that foreign competitors find difficult to match.
For business leaders, Breakneck provides lessons on institutional capacity, execution discipline, and risk alignment. It demonstrates that national or organisational models profoundly shape the ability to innovate at scale, manage complex projects, and compete globally. Wang’s book encourages leaders to consider context — not only market opportunities but also structural capabilities — when designing strategy.
Ultimately, Breakneck underscores that speed, system design, and coordinated execution are central to competitive advantage in a world where technological and industrial leadership defines power and prosperity.
Inspired to action
The best business books of 2025 reveal that leadership today requires a multidimensional perspective. Success is shaped by technological insight, institutional understanding, ecosystem orchestration, geopolitical awareness, and execution discipline. House of Huawei, The Thinking Machine, How Progress Ends, Abundance, and Breakneck collectively provide a roadmap for leaders seeking to navigate complexity, scale impact, and harness opportunity in a world defined by uncertainty and rapid change.
40 years ago, my father in law, who had grown up in the countryside north of Hong Kong, just over the border into mainland China, went back to the village of his birth. I remember him telling stories of a simple life, playing in the rice fields, and faded photographs of him riding water buffalo as a young boy.
Having moved to Europe he wanted to retain some presence in the small place. He bought some land, and built a small block of apartments which he hoped might grow in value and some day be a good pension for him and his family.
Over the past 30 years, the fishing village of Shenzhen has been reborn as a futuristic metropolis bursting with factories. It is the heartland of China’s tech revolution, dubbed the Silicon Valley of hardware. Now it is a boom town, the likes of which the world has never seen before.
In 1979, the Chinese government turned it into an experiment to grow capitalism in a test tube, designating it as the country’s first Special Economic Zone. The city is driven by an influx of workers from the countryside who make everything from real iPhones to fake Chanel bags. Shenzhen — and the surrounding Pearl River Delta — has become known as the world’s factory floor.
If you own a smartphone or computer, odds are parts of it came from here. It is now a megacity of over 12 million people. It has also become an incubator for cutting-edge design, a bastion of next-gen urbanism, and a leading cultural capital. Welcome to Shenzhen, the manifestation of China’s economic miracle.
To see why Shenzhen is called a rule-breaking tech hub, wander the endless wholesale kiosks of Huaqiangbei’s malls, where tech entrepreneurs, hackers, and makers gather. You will find every electronic component and gadget imaginable, laid out like so many spices in a bazaar.
This is ground zero for the production of shanzhai — “pirated” goods that are often less knockoffs than remixes, like an Apple Watch that runs on Android, has a removable battery, and is a quarter of the price. Naturally, the West frowns on shanzhai, but experts like David Li, a Taiwanese technologist and cofounder of Shenzhen Open Innovation Lab, argue that these bootlegs drive innovation. Hoverboards, he points out, evolved in the wilds of shanzhai production to become a global hit.
Meanwhile, the Chinese government is using Shenzhen as a showcase for its move from “Made in China” to “Designed in China” — a program to rebrand the country as a place that can invent, not just copy and mass-produce.
Another draw is Shenzhen’s distance from the capital. As the old Chinese saying goes: “The mountains are high and the emperor is far away.” Though the government engineered Shenzhen, its location in the Pearl River Delta, more than 1,300 miles from Beijing, gives it a more relaxed atmosphere. “Freedom is a really big word, but there is a sense of Shenzhen being more open in every way,” says Jason Hilgefort, an American architect and educator who leads the local urbanism academy Future+.
Schenzen is also home to some of China’s leading companies including the world’s leading electric car business BYD, and world’s leading drone maker DJI. And then add Huawei and Tencent.
Chinese tech infrastructure giant Huawei was founded in Schenzen in 1987 by Ren Zhengfei, a former engineer in the People’s Liberation Army. At the time of its establishment, Huawei focused on manufacturing phone switches, but has since expanded its business tremendously. It is the largest telecommunications equipment manufacturer in the world and the second largest smartphone manufacturer after Samsung.
Tencent is another leading business from Schenzen. QQ is a social media platform owned by Tencent with 850 million monthly users. WeChat even has 963 million monthly users. Tencent does not stop at these platforms. Their services include music, web portals, e-commerce, mobile games, internet services, payment systems, smartphones, and multiplayer online games All these services are among the world’s biggest and most successful in their respective categories.
More by Peter Fisk:
- Read my article The Future is Asia: 5 billion people is just a starting point
- Read my article Taming Tigers: Learning from Asian Business Leaders
- Read my article 17 Lessons from Asian Business: What we can learn from Alibaba to Softbank
- Read my article The I Ching, the oldest guide on how to deal with uncertainty
- Come to my event Learning from Asia in Oslo, Norway or in Copenhagen, Denmark
- Come to my event Peter Fisk Live in Seoul, South Korea exploring the future of business
- Come to my event Thinkers50 European Business Forum 2019 all about Learning from Asia
- Download my keynote “Learning from Asia: What can we learn from Alibaba to Bytedance, and 20 more Asian leaders”