In 2008, Brafman and Beckstrom wrote “The Starfish and the Spider”. The metaphor they use is the one of the spider, incapacitated as soon as its head is hit, compared to the starfish which can be split in several bits and continue to live and grow. They then develop their argument following which “Leaderless organizations” are the way to the…

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Following last week’s post, on the courageous decision of Warren Buffet, to invite a longtime critic of his to his annual shareholders’ meeting because he felt that it would add value to the reunion, here is a great video clip, pushing the idea further… It reminds me of a story that I heard when taught at IMD (a long time…

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Do I need to present Warren Buffet, the “sage of Omaha” (http://en.wikipedia.org/wiki/Warren_Buffett)? Considered the investor with the most impressive track record of the 20th century (and still active today), he is the C.E.O. of Berkshire Hathaway. This conglomerate “averaged an annual growth in book value of 19.7% to its shareholders for the last 48 years (compared to 9.4% from S&P…

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