Mardigian Library
Ask a QuestionMy Library Account
Search Library Catalog - Books, DVDs & More
Limit to available
More Searches
   
Limit results to available items
Find more results:
Search MelCat
More Information
  
Thorndike, William
The outsiders : eight unconventional CEOs and their radically rational blueprint for success / William N. Thorndike, Jr
Boston, Mass. : Harvard Business Review Press, c2012
book jacket
Location Call Number Status
 3rd Floor  HD38.2 .T476 2012    AVAILABLE
Subject(s) Executive ability
Industrial management
Success in business
Chief executive officers -- Biography
Physical Description xix, 251 p. ; ill. ; 22 cm
Note Includes bibliographical references and index
Contents 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 TCI -- The widow takes the helm : Katharine 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 outsider's mind-set -- An example and a checklist -- Appendix. The Buffett test
Summary What makes a successful CEO? Most people call to mind a familiar definition: "(Ba 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 "(Boutsiders" 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
NOTE 521046

Mardigian Library, 4901 Evergreen Rd.
Dearborn, MI 48128-1491 313-593-5400 fax 313-593-5561
ask-a-question@umd.umich.edu
The Regents of the University of Michigan | Non-Discrimination Policy
Copyright © The University of Michigan - Dearborn • 4901 Evergreen Road • Dearborn, Michigan 48128 • 313-593-5000
The University of Michigan - Ann Arbor | The University of Michigan - Flint | SITEMAP | DIRECTORY | CONTACT