Outsiders : Eight Unconventional CEOs and Their Radically Rational Blueprint ...

Description: Outsiders : Eight Unconventional CEOs and Their Radically Rational Blueprint for Success, Hardcover by Thorndike, William N., Jr., ISBN 1422162672, ISBN-13 9781422162675, Brand New, Free shipping in the US Thorndike, the managing director of an investment firm, examines eight CEOs from the last several decades who succeeded in maximizing the value of shareholder investment. He considers Tom Murphy of Capital Cities Broadcasting, Henry Singleton of Teledyne, Bill Anders of General Dynamics, John Malone of TCI, Katharine Graham of The Washington Post Company, Bill Siritz of Ralston Purina, Dick Smith of General Cinema, and Warren Buffet of Berkshire Hathaway. These CEOs, he argues, understood that capital allocation is the CEO's most important job, that cash flow and now reported earnings are what determine long-term value, that decentralization helps keep cost and "rancor" down, too many advisers compromise independent thinking, and sometimes it makes sense to buy your own stock. Each chapter studies these individuals' rise and the rise of their companies. The final two chapters develop winning character that Thorndike sees each of these CEOs embodying. Annotation ©2012 Book News, Inc., Portland, OR ()

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