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Book Cover
E-book
Author Cunningham, Lawrence A., 1962- author.

Title Margin of trust : the Berkshire business model / Lawrence A. Cunningham and Stephanie Cuba
Published New York : Columbia University Press, [2020]

Copies

Description 1 online resource (xxiii, 160 pages)
Series Columbia Business School Publishing
Columbia Business School publishing.
Contents Prologue: The carrot of trust -- Part I. Pillars. The players ; Partnership practices ; Business methods -- Part II. Perspectives. Deals ; Boards ; Internal affairs -- Part III. Alternatives. Contrasts ; Comparisons -- Part IV. Challenges. Judgment ; Public perception ; Scale ; Succession -- Epilogue: The stick of ruthlessness
Summary "Warren Buffett and his company, Berkshire Hathaway, are legendary for their distinctive investing approach. Yet many equally unconventional but less well known aspects of Berkshire's managerial practices and organizational structure are rich with lessons for those seeking to follow in Buffett's footsteps. Margin of Trust is the first book to distill Buffett's approach to management and corporate life. It provides a definitive analysis of the tenets of the Berkshire system, its costs and benefits, and how it can be adapted for other organizations. Lawrence A. Cunningham and Stephanie Cuba develop a new account of how Berkshire Hathaway works, showing that the key to its success is trust. Profiling partnership practices and business methods, they contend that Berkshire's distinguishing feature is a culture in which autonomy and decentralization are core management principles. Cunningham and Cuba provide instructive examples of how this model has been successfully adapted by other companies that share a faith in trust as an organizing principle. They also offer candid commentary on the risks of a trust-based approach and how to mitigate them. Margin of Trust features illuminating analysis of Buffett's take on the role trust plays in business agreements, what Buffett looks for in great corporate boards, and what lies ahead for Berkshire after its iconic leader leaves the scene."-- Provided by publisher
Bibliography Includes bibliographical references and index
Notes In English
Online resource; title from digital title page (viewed on December 26, 2019)
Subject Buffett, Warren.
SUBJECT Buffett, Warren fast
(FrPBN)13509178 Buffett, Warren, 1930- ... ram
Subject Berkshire Hathaway Inc.
SUBJECT Berkshire Hathaway Inc. fast
Subject Investments.
Trust.
Corporations.
Corporate culture.
Electronic books.
Investments
Organizational Culture
corporations.
e-books.
BUSINESS & ECONOMICS -- Management.
Corporate culture
Corporations
Investments
Trust
Sociétés d'investissement.
Culture d'entreprise.
Form Electronic book
Author Cuba, Stephanie, author.
LC no. 2019981591
ISBN 0231550561
9780231550567