Deming Institute

JANUARY 9, 2017

In Warren Buffett’s 2010 annual letter to shareholders he mentions the advantage Berkshire Hathaway has because it doesn’t focus on short term results: At GEICO, for example, we enthusiastically spent $900 million last year on advertising to obtain policyholders who deliver us no immediate profits. In Profit Beyond Measure by H.

Short-term 28

Short-term Long-term Deming Management 28

Harvard Business Review

JANUARY 21, 2014

After Icahn Enterprises initially acquired a 4 percent stake in Motorola in 2007, the company invited Icahn allies Keith Meister and William Hambrecht onto its board in April 2008, shortly after directors had approved the breakup. He acquired large blocks of stock in companies as varied as Apple, Biogen, Time Warner, U.S.

Hostile Takeover 8

Hostile Takeover Chief Financial Officer Due Diligence Charan 8

Harvard Business Review

AUGUST 6, 2014

In May of 2005, Yahoo CEO Terry Semel, cofounder Jerry Yang, corporate development executive Toby Coppel, and I — I was then chief financial officer of the Silicon Valley internet company — went on what would turn out to be a fateful trip to China. A 2010 Harvard Business School case by Julie M.

Chief Financial Officer 10

Chief Financial Officer Operations Learning-by-Doing IPO 10