Wednesday, October 18, 2006

The Warren Buffett CEO 24: Ralph Schey III

“The way you communicate with your employees is crucial. You should talk with them and hear their concerns rather than simply being a manager who tells them what to do. You want to inspire them so they want to accomplish something.”

“Entrepreneurial spirit is powerful. Even in large companies, you should let managers have some degree of ownership so, like entrepreneurs, they can develop and grow their parts of business.”

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