000			04509nam a2200325Ia 4500
001			2448
008			230305s2012 xx 000 0 und d
020			_a9781422162675
041			_aeng
245		4	_aThe outsiders
260			_a _bHarvard Business Review Press, _c2012
300			_axix, 251 p. ; ill. ; 22 cm.
500			_aeight unconventional CEOs and their radically rational blueprint for success
505			_aPreface: Singletonville _rIntroduction: an intelligent iconoclasm-- _rA perpetual motion machine for returns : Tom Murphy and capital cities-- _rBroadcasting-- _rAn unconventional conglomerateur : Henry Singleton and teledyne-- _rThe turnaround : Bill Anders and General Dynamics-- _rValue creation in a fast moving stream : John Malone and tele-communications (TCI)-- _rA public LBO : Bill Stiritz and ralston Purina-- _rOptimizing the family firm : Dick Smith and general cinema-- _rThe widow takes the helm : katherine graham and the washington post-- _rCompany-- _rThe investor as CEO : Warren Buffett and Berkshire Hathaway-- _rRadical rationality : the mind of the outsider-- _rEpilogue: an example and a checklist-- _rAcknowledgements.--
520			_a'An outstanding book about CEOs who excelled at capital allocation.' -- Warren Buffett #1 on Warren Buffett's Recommended Reading List, Berkshire Hathaway Annual Shareholder Letter, 2012 Named one of '19 Books Billionaire Charlie Munger Thinks You Should Read' in Business Insider. 'A book that details the extraordinary success of CEOs who took a radically different approach to corporate management.' -- Charlie Munger, Vice-Chairman of Berkshire Hathaway Corporation 'Thorndike explores the importance of thoughtful capital allocation through the stories of eight successful CEOs. A good read for any business leader but especially those willing to chart their own course.' -- Michael Dell, chairman of the board of directors and chief executive officer of Dell What makes a successful CEO? Most people call to mind a familiar definition: 'a seasoned manager with deep industry expertise.' Others might point to the qualities of today's so-called celebrity CEOs--charisma, virtuoso communication skills, and a confident management style. But what really matters when you run an organization? What is the hallmark of exceptional CEO performance? ; Quite simply, it is the returns for the shareholders of that company over the long term. In this refreshing, counterintuitive book, author Will Thorndike brings to bear the analytical wisdom of a successful career in investing, closely evaluating the performance of companies and their leaders. You will meet eight individualistic CEOs whose firms' average returns outperformed the S&P 500 by a factor of twenty--in other words, an investment of _10,000 with each of these CEOs, on average, would have been worth over _1.5 million twenty-five years later. You may not know all their names, but you will recognize their companies: General Cinema, Ralston Purina, The Washington Post Company, Berkshire Hathaway, General Dynamics, Capital Cities Broadcasting, TCI, and Teledyne. In The Outsiders, you'll learn the traits and methods--striking for their consistency and relentless rationality--that helped these unique leaders achieve such exceptional performance. Humble, unassuming, and often frugal, these 'outsiders' shunned Wall Street and the press, and shied away from the hottest new management trends. ; Instead, they shared specific traits that put them and the companies they led on winning trajectories: a laser-sharp focus on per share value as opposed to earnings or sales growth; an exceptional talent for allocating capital and human resources; and the belief that cash flow, not reported earnings, determines a company's long-term value. Drawing on years of research and experience, Thorndike tells eye-opening stories, extracting lessons and revealing a compelling alternative model for anyone interested in leading a company or investing in one--and reaping extraordinary returns.
590			_bIncludes bibliographical references and index.
630			_aHD INDUSTRIES. LAND USE. LABOR _937
650		0	_aExecutive ability _95711
650		0	_aIndustrial management _920469
650		0	_aSuccess in business _91506
650			_aChief executive officers _xBiography _910787
650			_a _912
700			_aThorndike, William N. _eAuthor
902			_a498
905			_am
912			_a2012-01-01
942			_a1
953			_d2019-02-07 17:45:46
999			_c2354 _d2354