bookmate game
en
William Thorndike

The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success

Obavijesti me kada knjiga bude uvrštena
Da biste čitali ovu knjigu u Bookmate učitajte datoteku EPUB ili FB2. Kako mogu učitati knjigu?
”It is impossible to produce superior performance unless you do something different.” — John TempletonWhat 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.
Ova knjiga je trenutno nedostupna
269 tiskanih stranica
Objavljeno prvi puta
2012
Godina izdanja
2012
Jeste li već pročitali? Kakvo je vaše mišljenje?
👍👎

Citati

  • Dan Creţuje citiraoprije 5 godina
    These acquisitions each represented 25 percent or more of the company’s market capitalization at the time they were made.
  • Dan Creţuje citiraoprije 5 godina
    Interestingly, Murphy never borrowed money to fund a share repurchase, preferring to utilize leverage for the purchase of operating businesses.
  • Dan Creţuje citiraoprije 5 godina
    Murphy’s approach was highly differentiated from his peers. He eschewed diversification, paid de minimis dividends, rarely issued stock, made active use of leverage, regularly repurchased shares, and between long periods of inactivity, made the occasional very large acquisition.

Na policama za knjige

fb2epub
Povucite i ispustite datoteke (ne više od 5 odjednom)