Berkshire Beyond Buffett

Berkshire Beyond Buffett

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Berkshire Hathaway, the $300 billion conglomerate that Warren Buffett built, is among the worldA•s largest and most famous corporations. Yet, for all its power and celebrity, few people understand Berkshire, and many assume it cannot survive without Buffett. This book proves that assumption wrong. In a comprehensive portrait of the distinct corporate culture that unites and sustains BerkshireA•s fifty direct subsidiaries, Lawrence A. Cunningham unearths the traits that assure the conglomerateA•s perpetual prosperity. Riveting stories recount each subsidiaryA•s origins, triumphs, and journey to Berkshire and reveal the strategies managers use to generate economic value from intangible values, such as thrift, integrity, entrepreneurship, autonomy, and a sense of permanence. Rich with lessons for those wishing to profit from the Berkshire model, this engaging book is a valuable read for entrepreneurs, business owners, managers, and investors, and it makes an important resource for scholars of corporate stewardship. General readers will enjoy learning how an iconoclastic businessman transformed a struggling shirt company into a corporate fortress destined to be his lasting legacy.... riveted the industry on cutting costs and crimped the railroada#39;s incentives to promote customer service.2 Beginning in ... Northern components include nineteenth-century industry forces: the Great Northern Railway and the Northern Pacific ... formation of the Atchison, Topeka, and Santa Fe Railway, among the first to complete a transcontinental railroad. ... of the National Railroad Passenger Corporation (a€œAmtraka€) to provide passenger service and the bankruptcy of the Penn Central.


Title:Berkshire Beyond Buffett
Author: Lawrence A. Cunningham
Publisher:Columbia University Press - 2014-10-21
ISBN-13:

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