Warren Buffet s Leadership Style - 859 Words

Warren Edward Buffet Warren Buffet is apparently the most successful investor in the history of the world. (1) He is the Chairman and CEO of Berkshire Hathaway, USA, leading over 300,000 employees with values-based and authentic style of leadership. He makes his employees his top priority and gives them equal credit in the success he achieves. This has resulted in making the company the fifth-most-valued, in America. (2) Buffet is known for his authenticity and ethics. He is also described as generous, trustworthy and supportive. He is the 3rd wealthiest person in the world (3) and has pledged to give away 99% of his wealth to philanthropy. (4) Leadership style: Warren Buffet’s personal qualities like simplicity, humility and shrewdness†¦show more content†¦Ã¢â‚¬Å"Someone’s sitting in the shade today because someone planted a tree a long time ago† - Warren Buffet Values and Self-Discipline: Warren Buffet is widely respected not only for his business acumen but also because he always been a model of integrity and believed in values. While the world is driven by thirst for exponentially increasing money, Warren Buffet stands solid on his values and is very frugal while investing. This is not only because he is disciplined but also because he understands that careless spending has an impact on the investors. Despite the fact that he is one of the world’s richest persons, he still resides in the same house in Omaha, Nebraska that he bought in 1958 for $31,500. (8) He has been earning a base salary of $100,000 since the past 25 years. He has also promised 99% of his wealth ($50bn) to the Gates Foundation. All these attributes speak voluminously about how generous and humble Mr. Buffet is. â€Å"We can afford to lose money – even a lot of money, we cannot afford to lose reputation – even a shred of reputation†¦It takes 20 years to build a reputation and five minutes to ruin it.† - Warren Buffet Relationships and Connectivity: One of the very interesting characteristics of Mr. Buffet is the way he treats his employees. He maintains professionalism at all times and considers the stakeholders as the owners of the company and treats them very respectfully. He trusts his employees and allows them to have complete autonomy on their roles.Show MoreRelatedThe Leader I Will Position This Paper On Is Warren Buffet929 Words   |  4 PagesThe leader I will position this paper on is Warren Buffet. 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