Memos from the Chairman

Memos from the Chairman by Alan C. Greenberg, published by Workman Publishing Company on March 1, 1996, is a collection of insightful memos from the former chairman of Bear Stearns. This 160-page book presents Greenberg’s unique management philosophy, characterized by practical wisdom and a straightforward approach to leadership. The memos, which have garnered attention from notable figures in the financial world, emphasize the importance of common sense in decision-making and maintaining high ethical standards in business practices.
Readers will find a range of topics covered in this edition, including leadership strategies and expense management. Greenberg advocates for empowering intelligent individuals within organizations and stresses the significance of humility and prompt communication. The book serves as a reflection of his experiences and insights, providing valuable lessons for those interested in business and economics.
Official synopsis Publisher
“Ace Greenberg did almost everything better than I do—bridge, magic tricks, dog training, and arbitrage—all the important things in life.” —WARREN BUFFETT
Alan C. Greenberg, the former chairman of Bear, Stearns, and a celebrated philanthropist, was known throughout the financial world for his biting, quirky but invaluable and wise memos. Read by everyone from Warren Buffett to Jeff Bezos to Tom Peters (“I love this book,” the coauthor of In Search of Excellence said), Greenberg’s MEMOS FROM THE CHAIRMAN comprise a unique—and uniquely simple—management philosophy. Make decisions based on common sense. Avoid the herd mentality. Control expenses with unrelenting vigil. Run your business at the highest level of morality. Free your motivated, intelligent people from the chain of command. Always return phone calls promptly and courteously. Never believe your own body odor is perfume. And stay humble, humble, humble.
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