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The Three Financial Styles of Very Successful Leaders: Strategic Approaches to Identifying the Growth Drivers of Every Company
 
 
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The Three Financial Styles of Very Successful Leaders: Strategic Approaches to Identifying the Growth Drivers of Every Company [Hardcover]

E. Ted Prince (Author)
5.0 out of 5 stars  See all reviews (15 customer reviews)


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Book Description

July 20, 2005

In Prince’s The Three Financial Styles of Very Successful Leaders, nationally acclaimed leadership expert and executive coach Ted Prince introduces the breakthrough concept of the "financial signature," a set of personal financial traits that inform every leader's decision making.

Drawing upon his groundbreaking research into the behaviors of more than 130 corporate heads, as well as his two decades as a CEO and member of more than twenty corporate boards, he

  • Identifies the relationship between a leader’s financial signature and his company’s financial and valuation performance, products, market, strategy, and technology
  • Using present day leaders including Steve Jobs, Lou Gerstner, Pierre Omidyar, Sam Walton, Bill Gates, and Sandy Weill, Prince identifies different leadership styles
  • Case studies illustrate the key role financial signature has played in many of the business world's most sensational successes and failures
  • Self-Assessment exercises, give students the opportunity to profile themselves along several different dimensions associated with leaders and the leadership process. These self-assessments provide readers with an opportunity to take a look in the mirror to identify your students’ financial signature, understand how it impacts their firm’s financial performance and valuation, and shape strategies to take utmost advantage of their strengths

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From the Back Cover

A revolutionary approach to becoming a world-class leader and delivering record growth and profits

How important is your leadership financial style to your company's success? What are the personal financial traits that make for a world-class business leader, and are they universal? To what extent does your personal financial style influence your company's financial performance?

The 3 Financial Styles of Very Successful Leaders gives the answers to these and other questions of critical interest to senior managers and executives. More important, it describes a revolutionary approach to becoming a more effective leader and to leading your company to record profits and growth.

Nationally acclaimed leadership expert and executive coach Ted Prince introduces the breakthrough concept of the "financial signature," a set of personal financial traits that inform every leader's decision making. Drawing upon his groundbreaking research into the behaviors of more than 130 corporate heads, as well as his two decades as a CEO and member of more than twenty corporate boards, he:

  • Identifies the nine financial missions, including Venture Capitalist, Buccaneer, Discounter, Arbitrageur, and Conglomerator
  • Provides fascinating examples of each type of financial style, including Steve Jobs, Lou Gerstner, Pierre Omidyar, Sam Walton, Bill Gates, and Sandy Weill
  • Uses insightful case studies to illustrate the key role financial signature has played in many of the business world's most sensational successes and failures
  • Arms you with self-assessments and other powerful tools to identify your financial signature and shape strategies to take utmost advantage of your strengths

In The 3 Financial Styles of Very Successful Leaders, nationally renowned executive coach and leadership expert Ted Prince delivers a proven, research-based approach to sharpening the core leadership skills that will drive your company to record profits and growth.

Prince, a former CEO with twenty years' experience in both the public and private sectors and the founder of the prestigious Perth Leadership Institute, introduces the concept of "financial signature"--a set of innate personal financial traits as fundamental to a leader's style as more familiar psychological factors such as aggressiveness and risk taking. He draws upon his groundbreaking research into the leadership styles of more than 130 corporate heads to show how a leader's financial signature informs every aspect of his company's financial and valuation performance as much as product, market, strategy, technology, and other key internal and external factors do. He identifies nine distinct financial signatures and their missions--Venture Capitalist, Profiteer, Buccaneer, Conglomerator, Consolidator, Arbitrageur, Mercantilist, Trader, and Discounter­­and explains how they ultimately can be reduced to the three major financial styles, Surplus, Deficit, and Puzzler.

With the help of fascinating and instructive case histories, he explores the impact various leaders' financial signatures have had on their companies' fortunes. Through the examples of Venture Capitalists such as Steve Jobs and Paul Allen; Buccaneers, including Bill Gates and Sandy Weill; and Discounters such as Sam Walton, he reveals how a leader's financial signature can work to make or break a company, depending on how well it aligns with the company's needs and culture.

Based on the author's extremely popular leadership seminars and workshops, The 3 Financial Styles of Very Successful Leaders supplies you with an array of self-assessments and other powerful tools to help you:

  • Identify your financial signature and how it affects your firm's financial performance and valuation
  • Understand how your financial style shapes your company's mission and affects its performance
  • Tailor organizational strategies best suited to your financial signature to boost your company's growth and profits
  • Hire managers whose financial styles are best suited to your company's culture and current financial needs
  • Choose the best company to work for based on your financial signature

A valuable resource for top executives who want to hone their leadership skills, as well as senior managers on the fast track to the executive suite, The 3 Financial Styles of Very Successful Leaders arms you with the insights and tools you need to become a world-class leader who achieves stellar profits and financial performance.

About the Author

Ted Prince is the founder of the Perth Leadership Institute, a cutting-edge leadership research and consulting firm based in Gainesville, Florida. He served as the CEO of both public and private companies for nearly two decades in New York, Boston, and the United Kingdom. He has also served on the boards of more than twenty companies.


Product Details

  • Hardcover: 352 pages
  • Publisher: McGraw-Hill; 1 edition (July 20, 2005)
  • Language: English
  • ISBN-10: 0071454292
  • ISBN-13: 978-0071454292
  • Product Dimensions: 9.3 x 6.1 x 1.2 inches
  • Shipping Weight: 1.4 pounds
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (15 customer reviews)
  • Amazon Best Sellers Rank: #543,260 in Books (See Top 100 in Books)

More About the Author

Dr. E. Ted Prince is CEO and Founder of The Perth Leadership Institute. Dr. Prince is an expert in the area of leadership and financial performance. He is the author of "The Three Financial Styles of Very Successful Leaders; Strategic Approaches to Identifying the Growth Drivers of Every Company" published by McGraw Hill in 2005, which sets out a revolutionary approach to leadership and financial performance. He is the architect of the Perth Leadership Outcome Model , which is the basis for the Institute s Valuation Alignment Program, which it conducts in corporations.

Dr. Prince has had extensive operating background at the CEO level in both public and private companies. He was Chairman and CEO of Clearstory, Inc. (formerly INSCI Corp), a Boston-based public (NASDAQ) software company, a role in which he served for a period of almost 6 years. He also served as President and CEO of the national computer services company, Computer Power Group (New York), a $70 million company (later acquired by Spherion), and Amicada, Inc., a venture-backed company based in New Jersey that developed software for on-line advertising.

Dr. Prince has served as CEO of several other companies including CP. International (New York), a text retrieval software company and Harwell Computer Power, (Oxford, UK), a company in the same field. He has consulted with numerous companies and has served on the boards of many others. He has had extensive experience in the mergers and acquisitions field and has acquired many companies in both the US and overseas including Europe and Asia.

In addition to his work with The Perth Leadership Institute, Dr. Prince also holds the position of Visiting Lecturer at the University of Florida where he teaches Entrepreneurship in the Warrington Graduate School of Business.

Dr. Prince holds a BA First Class Honors degree in languages and political science from the University of New South Wales in Sydney, Australia, and MA and Ph.D., degrees in political science from Monash University in Melbourne, Australia. He has numerous publications in the area of management, strategy and technology.

Dr. Prince can be contacted at: etedprince@perthleadership.org


 

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6 of 6 people found the following review helpful:
5.0 out of 5 stars A new roadmap, October 21, 2005
This review is from: The Three Financial Styles of Very Successful Leaders: Strategic Approaches to Identifying the Growth Drivers of Every Company (Hardcover)
This was an excellent read. The premise sounds so simple, but the implications for companies are complex and real. A leader makes hundreds of decisions every day, and every person brings a different set of personal characeristics to the table, which shapes their view on risk, reward... This is a valuable book that I believe can be applied to every enterprise.
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5 of 5 people found the following review helpful:
5.0 out of 5 stars A crystal ball that actually works!, August 30, 2005
This review is from: The Three Financial Styles of Very Successful Leaders: Strategic Approaches to Identifying the Growth Drivers of Every Company (Hardcover)
I have been in a number of executive positions and this is the first I have ever heard of the ideas in this book. It blew me away! Although intuition and experience might bring one to the same conclusions, this book described perfectly the underlying forces and the reasons why most of the execs I have ever worked with managed business and behaved in their particular ways that produced, as I can see now, quite predictable results. For the first time I can now see why they acted as they did and why some did - and most didn't - make money. It also made me realize for the first time exactly what my financial signature - a concept the author introduces in the book - is and how I can use that knowledge to improve my business decision making, and particularly my own financial performance. It's certainly a refreshing change from many of the books on leadership I have read which, although they say a lot about a lot of things, never said much about the things that impact me and most working executives in their aim to improve their own capability to impact financial performance of their organization. This is not the usual academic mumbo jumbo - it's a book for people who want practical guidance as an executive and it gives it in spades.
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4 of 4 people found the following review helpful:
5.0 out of 5 stars "Must Read" New Business Book, August 27, 2005
This review is from: The Three Financial Styles of Very Successful Leaders: Strategic Approaches to Identifying the Growth Drivers of Every Company (Hardcover)
I had the good fortune to read an advance copy of this book... it's a must-read !
The new book by Ted Prince is an exciting new way to view leadership in the corporate setting. The Perth Institute's research has found strong correlation between an individual's personal financial traits (Prince calls these "financial signatures") and how they will perform financially in a job setting.

This approach really gets down to the bottom line, showing managers how their team aligns with the corporate financial values. For the individual, they can understand what areas they may want to improve to increase their value to the company. I highly recommend this book for any leader seeking long-term financial improvement.

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Inside This Book (learn more)
First Sentence:
How do the financial traits of a leader affect his company's success? Read the first page
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Venture Capitalist, Brown Dwarf, Terminal Patient, Top Two Takeaways, Sandy Weill, Fast-Rising Tide, Steady State, Bill Gates, High Plateau, Gently Rising Tide, Berkshire Hathaway, Home Depot, New York, News Corporation, People's Express, Paul Allen, Warren Buffett, Arbitrageur Consolidator Conglomerator, John Wiley, Robert Allen, Steve Case
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