CHAPTER 9

Demand Effective Management

LEARNING FROM

Warren Buffett

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What is effective management? One thing is certain: It is more than just a set of tools and techniques, necessary and useful though both of these things may be. Looking back at past management successes and management problems, we see that the crucial ingredient is a sprinkling of essential principles. And those who understand and use these principles to guide their behavior will perform better and achieve more1:

1. Management is all about human beings. The task of managers is to enable people to achieve something by working together. In the process, available resources (especially ...

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