From the Inside Flap
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 Business provides direct, hands–on information on how to effectively manage a company that will connect with senior executives, managers, entrepreneurs, and business students.
From the Back Cover
The proven business principles ofWarren Buffett—in his own words Warren Buffett is one of the most admired and prolificinvestors and managers in corporate America. In thisone–of–a–kind collection of Buffett′s letters to the shareholders of Berkshire Hathaway, the "Sage of Omaha" reveals, in a clear, simple style, his basic management principles of sound business practices. Through Buffett′s own remarkable words, this practical management handbook shares valuable insights on communicating with and treating employees andshareholders fairly; responsible corporate governance; ethical behavior; patience and perseverance; admitting mistakes;having a passion for work; and more. Richard Connors weaves Buffett′s priceless pearls of business and management wisdom into an engaging narrative presented in an accessible mannerand organized by business and management topics—with strong lessons from Buffett in every chapter. Warren Buffett on Business provides direct, hands–oninformation on major topics important to senior executives, managers, entrepreneurs, business students, and anyone interested in business. Informative and inspiring, this unique book puts Warren Buffett′s business beliefs in perspective and provides you with a timeless guide to the managementstrategies that will help you run a successful business.