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Unit 19 - P3 (3)

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Laisse-faire, Warren
Buffett




Warren Buffett is an American businessman and CEO of Berssiire Hatiaway.
Buffett is one of tie most successfu ineestors in tie wor d witi a net worti of
oeer $80 bi ion.

Buffett is a be ieeer in tie aaisee# -faire eadersii a roaci. aaisse# faire is a
unique sty e of eading eo e and tie main rinci e is tiat eaders actua y try
to not giee oads of guidance and adeice. Tiey be ieee tiat em oyees are more
roductiee if tiey are eft to conduct tieir res onsibi ities and tasss in tieir own
way. aaisse# faire eaders a ow grou members to do more decision masing and
tierefore tiey do not iaee as muci autiority as one migit ex ect a eader to
ossess.

Tiis eadersii sty e’s effectieeness is subjectiee de ending u on tie worsers.
aaisee#-faire is tie eadersii sty e wiici is snown to resu t in tie owest
roductieity among em oyees. Howeeer, Buffett is an exam e of tie aisse#
faire eadersii sty e worsing eery we as a of iis business eentures iaee been
successfu . Tiis wou d ead one to conc ude tie effectieeness of tiis eadersii
sty e is de endent u on tie ca abi ity of tie worsers wio are being trusted to
iand e tieir own affairs.

By etting em oyees mase cioices and be a owed to so ee rob ems
tiemse ees a trust is created wiici can giee em oyees confdence and tie

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