Sunday, April 4, 2010

A winning managment style by none other than the Oracle of Omaha

From Berkshire Hathaway 2009 Annual Report:  "Most of our managers, however, use the independence we grant them magnificently, rewarding our confidence by maintaining an owner oriented attitude that is invaluable and too seldom found in huge organizations. We would rather suffer the visible costs of a few bad decisions than incur the many invisible costs that come from decisions made too slowly – or not at all – because of a stifling bureaucracy."

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