Doing what matters

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Title: Doing what matters

Essay Details:

Subject: American History

Author: Mary M

Date: February 21, 2013

Level: University

Grade: A

Length: 4 / 940

Essay text:

Yet two-thirds of the top managers were getting top ratings. People were being rewarded for effort; performance, under Mr. Kilts regime, became the new measure. As he recounts in "Doing What Matters," Mr. Kilts was fortunate to have a wise board that included Warren Buffett and Henry Kravis. Mr. Kilts says that in Mr. Buffett's view, unrealistic earnings estimates were the problem. Mr. Buffett made his opinion known "both at Gillette board meetings and in public comments," Mr. Kilts writes, quoting him saying: "For a major corporation to predict that its per share earnings will grow over the long term at, say, 15 percent annually, is to court trouble...

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