Warren Buffett on Business: Principles from the Sage of Omaha
The name Warren Buffett issynonymous with success and prosperity in the business world. There are many books written about how Buffett invests and how you can invest just like him—but this is not one of them. This book is not about how Buffett invests, but rather, it is about his highly successful business management principles and practices. It is about his way of communicating with and treating employees and shareholders fairly and honestly; responsible corporate governance; ethical behavior; patience and perseverance;admitting mistakes; having a passion for work; and having fun and a sense of humor. Warren Buffett on Business is a practical management handbook on the Buffett/Berkshire Hathaway model of effectively managing a business, large or small.Drawing from carefully selected Berkshire Hathaway shareholders' letters written over four decades (1977-2008), Connors presents Buffett's own words on corporate culture, communication, risk management, time management, crisis management, executive compensation, capital allocation and management, and much, much more. Taken as a whole, they show that, when you strip it all away, effective business management the Warren Buffett way is remarkably obvious and simple. As Buffett himself describes his business principles, they are "simple, old, and few."An informative and inspiring book on Berkshire Hathaway's business management practices, all in Warren Buffett's own words,Warren Buffett on Businessprovides direct, hands-on information on how to effectively manage a company that will connect with senior executives, managers, entrepreneurs, and business students.