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George Bernard Shaw

Strategic Concepts & Mechanics

Strategic ManeuverLeveraged Buyouts Solve the Owner's Estate Trap
Structural VulnerabilityRaw Land Is the Worst Inflation Hedge
Mental ModelAvoid Catastrophe Before Chasing Growth
Strategic PatternMarket Price Chronically Understates Intrinsic Value
Mental ModelInvest in Your Own Company, Not Tax Shelters
Identity & CultureReturn-on-Assets Incentives Over Profit-Sharing
Structural VulnerabilityGreed-Driven Capital Floods Kill Every Gold Rush
Operating PrincipleMandatory Sabbaticals Prevent Executive Burnout
Mental ModelTake the First Loss or Drown in Ten
Capital StrategyPension Funds in High Cash Flow, Not Stocks
Risk DoctrineBoth-Sides Dealing Invites Derivative Suits
Strategic ManeuverUnrelated Diversification as Cycle Insurance
Structural VulnerabilityNew Capacity Destroys Its Own Price Forecast
Risk DoctrineBrilliant Chairman as Single Point of Failure
Strategic ManeuverBuy Leaders in Small Ponds, Never Minnows in Oceans
Implementation TacticStop the Party While Everyone's Dancing
Implementation TacticOpen-Ended Incentives Beat Capped Payouts
Relationship LeveragePay Consultants to Open Doors
Signature MoveGood Cop While Gibbs Plays Bad Cop
Competitive AdvantageMonopoly Infrastructure as Chokepoint
Capital StrategyHidden Cost of Frivolous Spending
Cornerstone MoveSell Before the Floor, Buy the Next Thing
Signature MoveNever Consider Failure as a Possible Outcome
Risk DoctrineBrierley's Bluff-Bid Brinkmanship Lesson
Cornerstone MovePhone Call to the Top, Then Show Up Anyway
Signature MoveStagger Contracts to Break Supplier Cartels
Cornerstone MoveExclusive Rights as Subscriber Magnet
Signature MoveResign from Everything When Time Becomes the Priority
Signature MoveCut-Throat Competition Even at the Dinner Table
Decision FrameworkRide Winners, Cut Losers at Ten Percent
Identity & CulturePhone Stops Ringing Test of Friendship
Strategic PatternState Broadcaster Arrogance as Opening
Operating PrincipleLucky Timing as Honest Accounting
Capital StrategySubscriber Economics Over Advertising
Risk DoctrineAnimal Intuition to Exit
Signature MoveCrisis as Finest Hour Opportunity
Signature MoveNever Surrender Absolutism
Operating PrincipleMany Ideas Generate Few Good Ones
Cornerstone MoveWords as Weapons Before Bullets
Decision FrameworkIntense Simplicities From Complexity
Signature MoveSelf-Deprecating Humor as Disarmament
Identity & CultureDemocracy Despite Its Flaws
Risk DoctrineFighting Nations Rise Again
Cornerstone MoveSimplify Self Into Symbol
Signature MoveMemorized Speech as Spontaneous Performance
Strategic PatternShort Words Over Long Ones
Operating PrincipleAccountability Over Advisory Layers

Primary Evidence

"'Success covers a multitude of blunders. —George Bernand Shaw"

Source:How to Lose $100,000,000 and Other Valuable Advice

"Just as, back at university, Heatley’s suggested business ventures had been more audacious than his friends’, so too were his ideas now. ‘Craig was ahead of his time in shares in the sense that he actually had quite grandiose views about what could happen with certain companies, and I say that in a positive manner, not a negative manner,’ says Paul Collins, who was chief executive of Brierley Investments, the highest flyer of the eighties stock market hero companies. ‘Even though at Brierley’s we were regarded as being a large corporate raider, we tended to be relatively conventional so we looked at a business and looked at its assets whereas Craig would look at the potential. His mind was quite open and expansive.’ Collins cites George Bernard Shaw’s saying that some men look at things as they are and ask ‘Why?’ while others look at what might be and ask ‘Why not?’ Heatley is one of the latter, Collins says. Heatley himself puts it differently. He had sought out staff and colleagues with complementary skills because he knew his own weaknesses. ‘I am the world’s worst administrator—the worst. If I have a strength, and I don’t know that I do, but if I do it’s probably the big picture. It’s the tectonic plates as opposed to the grains of sand.’"

Source:No Limits: How Craig Heatley Became a Top New Zealand Entrepreneur

"Before the first night of Pygmalion, playwright George Bernard Shaw wired Churchill: “Am reserving two tickets for you for my premiere. Come and bring a friend—if you have one.” Churchill replied: “Impossible to be present for the first performance. Will attend the second—if there is one.”"

Source:Forty Ways to Look at Winston Churchill

Appears In Volumes