Download The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success AudioBook Free
"It really is impossible to create superior performance if you don't do something different." - John Templeton. What makes a successful CEO? A lot of people call in your thoughts a familiar meaning: a seasoned manager with deep industry competence. Others might point to the features of today's so-called celebrity CEOs charisma, virtuoso communication skills, and a comfortable management style. But what really issues when you run a business? What is the sign of exceptional CEO performance? Quite simply, it's the comes back for the shareholders of this company over the long term. Within this refreshing, counterintuitive audiobook, publisher Will Thorndike brings to keep the analytical intelligence of a successful career in investing, closely analyzing the performance of companies and their leaders. You may meet eight individualistic CEOs whose companies' average comes back outperformed the S&P 500 by a factor of twenty in other words, an investment of $10,000 with each one of these CEOs, normally, could have been worthy of over $1.5 million twenty-five years later. You might not exactly know all their names, but you will discover 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 persistence and relentless rationality that helped these unique leaders achieve such exceptional performance. Humble, unassuming, and frequently frugal, these "outsiders" shunned Wall membrane Block and the press, and shied away from the latest new management tendencies. Instead, they shared specific traits that put them and the companies they led on being successful trajectories: a laser-sharp concentrate on per show value instead of profits or sales expansion; an exceptional skill for allocating capital and recruiting; and the belief that cashflow, not reported profits, can determine a company's long-term value. Pulling on years of research and experience, Thorndike says eye-opening experiences, extracting lessons and exposing a compelling substitute model for anyone enthusiastic about leading an organization or buying one and reaping amazing returns.