Five Examples of Why Among Small Private Companies, Good Management Is More Important Than Ever

Posted by WorkSpace under Management
From http://blog.winningworkplaces.org 4808 days ago

Warren Buffett doesn't think company management matters. Citing the practices of small, private firms in our network, we argue that helping to better develop them matters because it improves the bottom line.

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Comments

Written by ShawnHessinger
4807 days ago

Hi Mark,

No matter whether we call it management, leadership or something else, it's hard to think of any great company without a great leader at the helm or any tribe without someone passionate to lead them. I agree with Duncan that investors look at companies very differently than do owners or entrepreneurs (or employees for that matter) and not always with the business's long-term well-being at heart.

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Written by businessavante
4808 days ago

Hi Mark,

From what I understand about investing, it has nothing to do with "normal" business considerations. A company w/a CEO who treats employees badly may be a better investment than the reverse, just as a business that makes the finest product in its class may not be as good an investment as one that produces average product quality but does much better business.

businessavante (Duncan)

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