Celebrating 50 Years At a board meeting in early May of 1965, Buffett Partnership Ltd. formally took control of Berkshire Hathaway Inc. At the time the company was a northern textile manufacturer – an industry that had been in steep decline for some years. Today, May of 2015, we Berkshire Hathaway is celebrating 50 years of what has turned out to be a fun adventure for Warren and Charlie, and a profitable adventure for Berkshire’s shareholder-partners. Starting Friday, May 1st Follow along as I digitally share the experience of the 50th Berkshire Hathaway Shareholders Meeting live from Omaha, Nebraska. I’ll be … Continue reading The Road to Omaha // Follow the #BerkshireHathaway #BRK50 Experience on #AlignedValue
According to McKinsey: – Nearly 50 percent of top executives did not earn support for their ideas when moving into C-suite roles. – More than 33 percent of C-suite executives have not met their objectives during their tenures. Results from a McKinsey Insights online survey conducted in July 2014. n = 1, 195 global c-level respondents (1) When McKinsey consultants Rajiv Chandran, Hortense de la Boutetiere, and Carolyn Dewar asked C-level respondents asked what factors contributed to success or failure, organization-wide alignment was considered ‘critical’. Misalignment is a silent killer of C-suite objectives. Not surprisingly, the same top executives consider organizational culture the hardest area to understand … Continue reading #AlignedValue: Why aren’t more #CEO, #CFO, #Csuite leaders achieving their objectives?
Is your firm’s board creating value—or destroying it? Change is coming. Leadership at the top is being redefined as boards take a more active role in decisions that once belonged solely to the CEO. But for all the advantages of increased board engagement, it can create debilitating questions of authority and dangerous meddling in day-to-day operations. Directors need a new road map—for when to lead, when to partner, and when to stay out of the way. Boardroom veterans Ram Charan, Dennis Carey, and Michael Useem advocate this new governance model—a sharp departure from what has been demanded by governance activists, … Continue reading #AlignedValue #ReadingList: Boards That Lead #CorpGov