About a year ago Warren Buffett paid $37 billion for Precision CastParts (PCP) Corporation, a highly successful company that makes complex parts primarily for the aircraft engine industry. Buffett praised and celebrated the CEO of this company at his recent annual meeting in Omaha. This generated a lot of press articles about the controversial nature of that CEO who has generated a culture at PCP that’s best described by one of the employees as “in your face, full body contact.”
Perspectives on Bob's Books
What's Holding You Back?
"A must read for both emerging and established executives! Bob Herbold provides ten clear guidelines that will enable managers to become strong, proactive leaders."- J.Lechleiter, retired Chairman, President and CEO of Eli Lilly & Company
Seduced By Success
"Bob Herbold gets to the heart of why successful organizations and individuals often go into a tail-spin, and how this can be avoided. His thorough reviews of specific companies we all know make this a very useful book, and I highly recommend it."- Indra K. Nooyi, Chairperson & CEO, PepsiCo, Inc.
The Fiefdom Syndrome
"Turf wars and bureaucracy can undermine even the strongest corporate strategies. Drawing on lessons learned throughout his distinguished career, Bob describes innovative and practical ways to tackle this pervasive problem."- Bill Gates, Co-Founder, Microsoft Corporation and Co-Founder, Bill & Melinda Gates Foundation
Bob's Gutsy Leadership Blog
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Bob regularly writes blog posts and articles with his areas of focus being leadership, organizational effectiveness. Below you will find the titles and hot-links of his most recent efforts:
The financial results which Twitter just released for its most recent quarter were characterized by weak user growth, weak revenue and a disappointing outlook. This caused an immediate -10% decline in the company’s stock price as investors continued to lose faith in the company’s ability to turn it around. For perspective, while Twitter’s stock price ranged between $35 and $55 during the period of January 2014 to July of 2015, in the most recent six months it has been in the $15-$20 range.
IBM’s revenue declined by 2.8% in the most recent quarter. The gains it made in its new businesses of cloud computing and data analytics were more than offset by the continued declines in its established businesses. IBM has posted revenue declines in seventeen straight quarters.