Warren Buffet Management Style vs. Today's Management
Warren Buffet has a very different management style according to his business.
Here are Warren's investment criteria:
Today's business assessment criteria:
Warren is the type of business leader who looks for a sustainable competitive advantage, not a quick win. If some of today's marketers did the same thing they would have successfully do well.
Before buying a company Warren looks and tries to understand the brand’s true purpose in people’s lives, today's business' try this technique, however some fail to find the true purpose. If they fail to do so they are unlikely to get good returns.
Here are Warren's investment criteria:
- Is the company simple and understandable?
- Does it have a consistent operating history?
- Does it have favorable, and predictable, long-term prospects?
- Is the management competent and honest?
- Is the underlying business under value?
Today's business assessment criteria:
- Is the business model, simple and understandable?
- Has it consistently assisted the growth or well being of the company?
- Is it viewed favorably within the company and can IT predict how it can help the company’s long-term prospects?
- Is the it management team competent and aligned to the business vision?
- Is it undervalued? How can it deliver ‘more’ value from existing resources?
Warren is the type of business leader who looks for a sustainable competitive advantage, not a quick win. If some of today's marketers did the same thing they would have successfully do well.
Before buying a company Warren looks and tries to understand the brand’s true purpose in people’s lives, today's business' try this technique, however some fail to find the true purpose. If they fail to do so they are unlikely to get good returns.
Impact
Warren Buffett’s investments have held significant sway over a number of large U.S. companies and even industries as a whole. He has built a major position in the insurance industry. Fully owned subsidiaries include the H.H. Brown Shoe Company, International Dairy Queen, and See’s Candies. Buffett has also purchased long-standing minority stakes in American Express, Coca-Cola, the Washington Post, and Gillette. Buffett is a well known billionaire capitalist who made his own fortune of the twentieth century.