SHR 247
Blackboard Assignment 2
Berkshire Hathaway Inc. is an American multinational conglomerate holding company, headquartered in Omaha, Nebraska, that oversees and manages a number of subsidiary companies. The company wholly owns Geico, BNSF, Lubrizol, Dairy Queen, Fruit of the Loom, Helzberg Diamonds, FlightSafety International, and Netjets. It also owns half of Heinz and has significant minority holdings in American Express, Coca-Cola Company, Wells Fargo, IBM, and Restaurant Brands International.
I have done a lot of research into Berkshire Hathaway and CEO Warren Buffet but have been unable to find a vision or mission statement. If I had to make up a vision statement that suitably fit Berkshire Hathaway it would be the following: “Berkshire Hathaway strives to be the best-recognized, most highly respected, and most influential conglomerate company in the world.” The mission statement would be: “To provide top of the line services that significantly …show more content…
Buffet is one of the world’s wealthiest men and a key influencer in the financial market. He is Forbes’ number 33 most powerful people and ranked among Time Magazine’s most influential people. His company was ranked number 1 in Barron’s 2013 ranking of the world’s 100 most respected companies, number 8 in Fortune Magazine’s 50 most admirable companies survey, number 18 in Harris Interactive’s reputation study of the 60 most visible companies, and Forbes’ fifth largest company in the world. In his 2013 letter to shareholders, Buffet spoke of his joy for working for such a successful company. He noted, “No CEO has it better; I truly do feel like tap dancing to work every day.” My vision and mission statement align appropriately with what Buffet has done and envisions for Berkshire