Cover image for Portraits of success : 9 keys to sustaining value in any business
Title:
Portraits of success : 9 keys to sustaining value in any business
Author:
Hutcheson, James Olan.
Personal Author:
Publication Information:
Chicago : Dearborn Trade, [2002]

©2002
Physical Description:
xxvii, 227 pages ; 23 cm
General Note:
Includes index.
Language:
English
ISBN:
9780793152599
Format :
Book

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HD62.25 .H88 2002 Adult Non-Fiction Central Closed Stacks
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Summary

Summary

Portraits of Success offers solutions to the most common problems faced by closely held firms as they strive to create value that can and will be sustained by future generations of management. Business expert and consultant James Hutcheson shares with readers how closely held firms can prosper well into the future. In practical and inspiring terms, he presents proven management tools in tandem with illustrative examples from his clients' companies and his own family's business. Readers will learn how to: - Give the next generation of leaders room to grow. - Incorporate outsiders into the inner management circle as the business matures. - Keep clear chains of command as future leaders are being groomed and promoted. - Create a culture rich with business traditions, rituals and myths. - Build shared beliefs among the business's founders and its future management In closely held businesses, personal relationships are of paramount importance. Hutcheson's practical, prescriptive information from his experience as a consultant, and his revealing, personal anecdotes from working at all levels of the family business provide readers with a uniquely satisfying look at how to build lasting va


Author Notes

James Olan Hutcheson is the grandson of the patriarch of Olan Mills, Inc., the world's leading photography company. He began his career with Olan Mills as a part-time telemarketer, eventually assuming responsibility for its most important operating division, Olan Mills Studios. In 1995, he left the company to create a business consulting firm and since then has become a frequent speaker, national media spokesperson, and author on all aspects of managing a closely held firm


Table of Contents

Acknowledgmentsp. vii
Preface: My Business Storyp. xi
Olan Mills, Inc.p. xviii
Introduction: Building Companies That Lastp. 1
Legend Airlinesp. 11
Chapter 1 The Secret of Great Business Leadershipp. 21
Richard Wackenhutp. 37
Chapter 2 Make It a Meritocracyp. 48
Dennis Rodmanp. 59
Chapter 3 Give the Next Generation Room to Growp. 65
Carr Tiltonp. 68
Robert Dedman, Jr.p. 73
Katz's Delip. 78
Chapter 4 Finding a Common Directionp. 81
George Steinbrennerp. 86
Dell and Compaqp. 99
Chapter 5 Make Communication Centralp. 102
Warren Buffettp. 115
Newell Farmsp. 130
Chapter 6 The Journey of Passion and Balancep. 134
Williamson-Dickiep. 135
J. Paul Gettyp. 148
Jon Huntsmanp. 159
Chapter 7 Create Business Traditions, Myths, and Shared Beliefsp. 164
Herbert Kelleherp. 165
Teresa Lever-Pollaryp. 169
Chapter 8 Do the Strongest Really Survive?p. 184
Stora Ensop. 185
"Chainsaw" Al Dunlapp. 192
Chapter 9 Managing Riskp. 199
Robert Uihleinp. 203
Fred Smithp. 205
Gene Amdahlp. 212
Conclusion: Closing Reflectionsp. 215
Indexp. 223