Citation

How Warren Buffett Built a $500 Billion Company on the Basis of Trust

Lawrence A. Cunningham, Stephanie Cuba

Marker (Medium) (2020)

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TL;DR

Headquarters has fewer than 30 employees

Documents Berkshire's 'delegation just short of abdication' model where subsidiary CEOs have complete operational authority and headquarters employs fewer than 30 people. Explains how trust enables extreme decentralization that allows adaptive radiation.

Key Findings from Cunningham & Cuba (2020)

  • Headquarters has fewer than 30 employees
  • CEOs have complete operational authority
  • Trust enables extreme decentralization

Related Mechanisms for How Warren Buffett Built a $500 Billion Company on the Basis of Trust

Adaptive Radiation

Related Companies for How Warren Buffett Built a $500 Billion Company on the Basis of Trust

Berkshire Hathaway

The Biology of Business

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