Management

What if you’re not a CEO of a large public company, and want ideas on small business financial management? Are the decisions made by CEOs relevant to everyday managers and business owners?  The author of The Outsiders argues yes—that small business financial management has principles that are tied into being an Outsider CEO. You can think about your small business financial management in terms of capital allocation and cash deployment too- and it just might help your business grow.

What makes a Top CEO? Is it their business strategy, or is a Top CEO an inventor? William Thorndike argues that the Top CEOs of all time are ones that went above and beyond what their competitors did, and successfully grew their businesses. These 8 Top CEOs followed smart, but unorthodox business strategies that made them the best in the business.

Have you ever wondered what management top CEOs use to run their companies? Or do you need advice on how to implement them? What are the best business strategies? In The Outsiders, William Thorndike outlines some of the management practices common amongst “outsider” CEOs: top CEOs that clearly succeeded far beyond their competitors. These CEOs all had unorthodox business strategies and practices, and their management practices led to growth and profits.

What is decentralization, and how can it help businesses succeed? What are the advantages of decentralization, and what can they teach you about business strategy? Decentralization is a business practice where executives develop a system to keep decision making limited to a few people. Typically, these businesses don’t have a headquarters with thousands of people in decision making roles, and instead limit decision making power. Read about the advantages of decentralization, and how it worked for top companies.

Why did General Cinema cease to operate after building a successful and diverse company? How can diversifying your portfolio create more value? Even though General Cinema ceased operations in 2006, it is still regarded as one of the most successful companies of the twentieth century. Find out how General Cinema’s CEO Dick Smith increased company value, and then created profit for investors.