What with all the daily newspapers, weekly magazines, and trade journals you have to read, odds are you don't have time to read the books that might help you -- or your employees -- run your business.

Alison Davis, who runs a public-relations firm in Hackensack, N.J., has a potential solution: book reports.

Once a month, an employee of Davis, Hays & Co. talks about a book he or she has read. "We don't assign books," says Davis. "The book just has to be related somehow to our business, and you have to give an old-fashioned, sixth-grade book report. You tell us what the book was about, what was interesting, and what you learned that would help us.'

The company pays for the books, employees can read them on company time, and the book reports are given during office hours.

The reports have an added benefit, says Davis. "Since we go before the group and use overhead projectors and charts, it helps us work on our presentation skills.'