Sprint

Strategic Concepts & Mechanics

Signature MoveStiritz: Poker-Player Odds on Back-of-Envelope LBOs Operating PrincipleBlank Calendar as Competitive Edge Cornerstone MoveOne-Page Analysis Then Pounce Signature MoveMalone: Scale as Virtuous Cycle, Tax as Obsession Cornerstone MoveAnarchic Decentralization, Dictatorial Capital Control Risk DoctrineInstitutional Imperative as CEO Kryptonite Decision FrameworkHurdle Rate as Supreme Filter Signature MoveSingleton: Phone Booth Tender at All-Time-Low Multiples Cornerstone MoveSuction Hose Buybacks at Maximum Pessimism Cornerstone MoveCash Flow as True North, Not Reported Earnings Signature MoveAnders: Sell Your Favorite Division Without Blinking Identity & CultureEngineers Over MBAs at the Helm Competitive AdvantageConcentrated Bets Over Diversified Dribbles Signature MoveMurphy: Leave Something on the Table Then Lever Up Capital StrategyTax Counsel Before Every Transaction Operating PrinciplePer-Share Value Not Longest Train Signature MoveBuffett: Float Flywheel from Insurance to Empire Strategic PatternGreedy When Others Are Fearful Operating PrinciplePivot Only With Clean Breaks Signature MoveGut Instinct As Greenlight Signature MoveRadical Focus After Overreach Identity & CultureStakeholder Alignment Through Personal Skin Cornerstone MoveCopy-Paste Playbook Transplants Cornerstone MoveLeverage-to-Ownership Flywheel Decision FrameworkSweaty Palms as Danger Signal Identity & CultureCompetition as Survival Doctrine Strategic PatternOpportunity in Macro Disarray Competitive AdvantageBrand as Rebellion Weapon Signature MoveStealth Launches And Submarine Strategy Strategic PatternStealth Before Scale Signature MovePersonal Guarantees—High-Stakes Commitment Signature MoveDeal Junkie Portfolio Cycling Cornerstone MoveCrisis Entry, Post-Collapse Creation Relationship LeverageTrusted Core Teams Across Borders Operating PrincipleCuriosity as Growth Compass

Primary Evidence

"When he sold assets, he almost always sold for stock (the reason that, to this day, Liberty has large holdings of News Corp., Time Warner, Sprint, and Motorola stock) or sheltered gains through accumulated NOLs, and he made constant use of the latest tax strategies. As Dennis Leibowitz said, “TCI hardly ever disposed of an asset unless there was a tax angle to it.”10 No other cable company devoted remotely as much time and attention to this area as TCI."

Source:The Outsiders_ Eight Unconventional CEOs and Their Radically Rational Blueprint for Success

"Nextel Chile had seemed like a good idea to the founders of its US parent, Nextel Corporation, which was founded in Virginia in 1987 and quickly became one of the first telecoms providers in the US to offer a national digital cellular coverage footprint. By 2015, however, the parent company had merged with Sprint and the Chilean business was in trouble, with only 200,000 subscribers in a nation of 19.5 million people and just days away from seeking protection from creditors under America’s [Chapter 11](private://read/01kdksn7jhqrm0f2m3d6xxdngv/ch11.xhtml#ch11) bankruptcy code."

Source:Billions to Bust – And Beyond

Appears In Volumes

The Outsiders_ Eight Unconventional CEOs and Their Radically Rational Blueprint for Success Billions to Bust – And Beyond