5 leadership lessons Warren Buffett learned in his decades as Berkshire Hathaway CEO
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5 leadership lessons Warren Buffett learned in his decades as Berkshire Hathaway CEO
"Choose your heroes very carefully and then emulate them. You will never be perfect, but you can always be better."
"Keep in mind that the cleaning lady is as much a human being as the Chairman."
"I was born in 1930 healthy, reasonably intelligent, white, male and in America. Wow! Thank you, Lady Luck."
"Learn at least a little from them and move on."
Humility, acknowledgment of luck, and equal respect for all employees are foundational leadership traits. Leaders should learn from mistakes, extract lessons, and move forward. Intervene when trusted executives betray responsibilities to protect the organization. Emulate well-chosen role models to improve over time while accepting imperfection. Maintain honesty and sound stewardship in compensation and governance, recognizing that well-intentioned reforms can produce unintended consequences. Prioritize deliberate succession planning and select successors with the right character and judgment to preserve long-term organizational health and stability.
Read at Business Insider
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