Research Catalog
The outsiders : eight unconventional CEOs and their radically rational blueprint for success
- Title
- The outsiders : eight unconventional CEOs and their radically rational blueprint for success / William N. Thorndike, Jr.
- Author
- Thorndike, William.
- Publication
- Boston, Mass. : Harvard Business Review Press, [2012], ©2012.
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| Status | Format | Access | Call Number | Item Location |
|---|---|---|---|---|
Not available - Please for assistance. | Text | Request in advance | HD38.2 .T476 2012 | Off-site |
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Details
- Description
- xix, 251 pages : illustrations; 22 cm
- Summary
- 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.
- Subject
- Genre/Form
- Biographies.
- Bibliography (note)
- Includes bibliographical references and index.
- Contents
- Preface: Singletonville -- Introduction: an intelligent iconoclasm -- A perpetual motion machine for returns : Tom Murphy and capital cities -- Broadcasting -- An unconventional conglomerateur : Henry Singleton and teledyne -- The turnaround : Bill Anders and General Dynamics -- Value creation in a fast moving stream : John Malone and tele-communications (TCI) -- The widow takes the helm : Katherine graham and the washington post -- Company -- A public LBO : Bill Stiritz and ralston Purina -- Optimizing the family firm : Dick Smith and general cinema -- -- The investor as CEO : Warren Buffett and Berkshire Hathaway -- Radical rationality : the mind of the outsider -- Epilogue: an example and a checklist -- Acknowledgements.
- ISBN
- 9781422162675
- 1422162672
- LCCN
- 2012012451
- OCLC
- ocn778420982
- 778420982
- SCSB-14054913
- Owning Institutions
- Columbia University Libraries