{"product_id":"margin-of-trust-by-lawrence-cunningham-9780231193900","title":"Margin of Trust","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eWarren Buffett and his company, Berkshire Hathaway, are legendary for their distinctive investing approach. Yet many equally unconventional but less well-known aspects of Berkshire's managerial practices and organisational structure are rich with lessons for those seeking to follow in Buffett's footsteps. \u003cem\u003eMargin of Trust\u003c\/em\u003e is the first book to distil Buffett's approach to management and corporate life. It provides a definitive analysis of the tenets of the Berkshire system, its costs and benefits, and how it can be adapted for other organisations.\u003c\/p\u003e\n\n\u003cp\u003eLawrence A. Cunningham and Stephanie Cuba develop a new account of how Berkshire Hathaway works, showing that the key to its success is trust. Profiling partnership practices and business methods, they contend that Berkshire's distinguishing feature is a culture in which autonomy and decentralisation are core management principles. Cunningham and Cuba provide instructive examples of how this model has been successfully adapted by other companies that share a faith in trust as an organising principle.\u003c\/p\u003e\n\n\u003cp\u003eThey also offer candid commentary on the risks of a trust-based approach and how to mitigate them. \u003cem\u003eMargin of Trust\u003c\/em\u003e features illuminating analysis of Buffett's take on the role trust plays in business agreements, what Buffett looks for in great corporate boards, and what lies ahead for Berkshire after its iconic leader leaves the scene.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"John Wiley and Sons Ltd","offers":[{"title":"Default Title","offer_id":46868726087916,"sku":"9780231193900","price":47.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/7995703482270.jpg?v=1759767044","url":"https:\/\/bookhero.co.nz\/products\/margin-of-trust-by-lawrence-cunningham-9780231193900","provider":"Book Hero","version":"1.0","type":"link"}