BANKING ACADEMY OF VIETNAM Essay

HistoryBerkshire Hathaway is a caller-up that was initially set up as a textbookile manu featureurer in 1839 by Oliver Chace. During that time, the union was based in Valley Falls, Rhode Island and operated under the name Valley Falls Company. It last unified with and control the name of an different textile manufacturer, Berkshire Fine Spinning Associates (originally Berkshire Cotton Manufacturing Company, which was based in Massachusetts).The Hathaway name became part of the party in 1955, when a jointure in the midst of the Hathaway Manufacturing Company and Berkshire was successfully agreed on. The Hathaway Manufacturing Company was then a textile business that successfully rec everyplaceed from the textile decline and the Great Depression. The nuclear fusion resulted in the partnership relocating its render to New Bedford, Massachusetts and installing 15 factories that employed over 12,000 labourers. However, as the demand for textile continued to dwindle, seven o f these locations eventually closed down with huge layoffs except non before it surpassed $120 million in revenue.Warren Buffett, the man who would become Berkshire Hathaways CEO, came into the picture in 1962, when he started purchasing Berkshire Hathaway sh ars. He was eventually able to buy enough shargons to al piteous him to change the guidance and eventually gain control of the company.During Warren Buffetts time, he still kept the companys textile milling business unless eventually, the company started investing in the insurance industry among opposite things. His purchase of the National Indemnity Company marked the companys first venture into the insurance market, which proved to be very successful. The last Berkshire Hathaway sow was closed in 1985. Buffett continued to direct Berkshire Hathaway into other investments, which led them to owning brands such as Dairy Queen, Clayton Homes and MidAmeri sack Energy Holdings.Currently, Berkshire Hathaway stands as the most respected company (Forbes 2007) and presently has the publics richest man as its CEO and largest look atholder. Berkshire Hathaway is in like manner one of the few companies that grant reached the $100,000 sh are price. zero(prenominal)e as of 2012Berkshire Hathaway (Berkshire or the group) is diversified prop company engaged chiefly in the provision of insurance and reinsurance products and services. Additionally, the group is engaged in non-insurance businesses including utilities and energy, pay, manufacturing, service and retailing. Berkshire has overall 76 operating businesses. The group primarily operates in the US. It is headquartered in Omaha, Nebraska and employs 270,858 hoi polloi. The group recorded revenues of $143,688 million in the financial year ended December 2011 (FY2011), an increase of 5.5% over FY2010. The operating boodle of the group was $15,314 million in FY2011, a decrease of 19.6% over FY2010. The net profit was $10,254 million in FY2011, a decreas e of 20.9% over FY2010.The mould-upal chart is as followsCompany Viet Tien Garment Joint germinate tummy Vtec (Vietnam) Founders Sam Bao TaiIndustry GarmentHistoryOriginally, the company was a private garment grinder for Thai Binduong Engineering Company trading as Pacific Enterprise. on that point are 8 shareholder capital contributions by Mr. Bao Tai Ginseng a Chinese businessman who acts as director. The factory area of 1,513 meter square with 65 sewing machines and ab push through 100 puddleers.After the discern liberation of the south, the render takeover, nationalised and then assigned the Ministry of Light Industry ( instantaneously the Ministry of Industry) to manage. In 1977, the Ministry of Industry recognized as state-owned enterprises and renamed the Viet Tien Garment Factory.In 1979, the factory burn and was a total loss. acquiring help from other units, enthusiasm attached to raceers and with the leadership of Viet Tien, the business was put back into oper ation and increasingly asserted its position on the market.Thanks to considerable efforts, the 103/CNN/TCLD discretion was given by the Ministry of Industry Enterprise. The Ministry of Industry Enterprise real and up mark offd Tien garment company statues. In 1991, the Ministry of foreign economic relations of import and exporting license directly with foreign name is VIET TIEN GARMENT IMPORT-EXPORT COMPANY, abbreviated as VTEC (by license number on 102570 05/02/1991). In 1993, the company establishment licensing number 214/CNN-TCLD was given. ahead 1995, the direct vigilance the company is producing the nations garments. In May 1977, it was rename Viet Tien Garment Enterprise. With the development of the garment sector, the enterprise was change into a company and later a corporation. The name Viet Tien (Vietnam advancing forward) was kept under the wishes of the staff.At the request of the Vietnam Textile and Garment Group in Report No. 01 28/TDDM-TCLD in 2007 and the scheme o f establishment of the companys proposed May Vietnam Tien.Theo Organization Department Personnel decisions to Establish Vietnam Tien Garment Corporation on the basis of shakeup Vietnam Tien Garment Company under the Vietnam Textile and Garment Group.Vietnam Tien Garment Corporation operating as a parent company subsidiary located in the anatomical structure of the Vietnam Textile and Garment Group. The Vietnamese name given as Corporations Vietnam Tien Garment Joint Stock and the International Trade name Viettien Garment Corporation (VTEC). At present VTEC has six enterprise and 14 affiliates over 20,000 workers. It specialises in the manufacturing of garments and the trading of maters and accessories for the garment sector, equipment and components, and import-export services. Its products are diverse and are sold at over 20 shops and 300 agents throughout the country.Note As of 2012Viet Tien garment Joint Stock Company established since 1976, is presently a production and trade company be hugeing to VINATEX, specialising in garment manufacture, trade of equipment, materials & accessories for garment industry. The company presently carries out business transactions with much than 60 customers in 20 countries over the world Asia, Europe, USA, Australia and North America, etc.Specialises in shirts, trousers, suit, blouses, jackets, denim suits, coats, sweaters, trading in industrial garment Trading in electric, audio, light equipment, Forwarding, Shipping agency.KEY EmployeesSourceshttp//www.thehistoryofcorporate.com/companies-by-industry/finance/berkshire-hathaway-corporations-history/ http//www.marketline.com/ ref 07E69A79-DC43-4A40-B015-C2C489E9E28Fhttp//www.viettien.com.vn/modules.php?name=Content&opcase=viewcontent&mcid=128&menuid=12 http//en.news.vn/economy/company-and-names/23351-viet-tien-a-strong-brand-name-in-the-garment-sector.htmlWith reference to the above case (you are strongly advice to research into the above company), you are to research an d correlated to Viet Tien Garment. Prepare a brief announce, citing relevant research, which addresses the following laboursTask 1 correspond and demarcation the different system of rulesal structures and enculturation between Berkshire Hathaway and Viet Tien Garment1.1Explain how the consanguinity between Berkshire Hathaway structure and husbandry can collision on the deed of the business1.2 Discuss the factors which bow individual doings at Berkshire Hathaway OR Viet Tien Garment.1.3This part of your root should not exceed much than 1,000 words. Diagrams, charts, tables and appendixes are not to be included in the word count.Task 2Using research and the facts presented in the caseCompare the legalness of different leadership expressions with Berkshire Hathaway and to Viet Tien Garment2.1Explain how organisational theory underpins the practice of way for with Berkshire Hathaway2.2Evaluate the different approaches to management used by ii organizations (Berkshire Ha thaway and to Viet Tien Garment).2.3This part of your report should not exceed much than 1,500 words. Diagrams,charts, tables and appendixes are not to be included in the word count.GRADINGPassis achieved by meeting all the requirements defined in the assessment criteria. (Refer page 2 of the appointee brief)MeritIdentify and apply strategies to find appropriate solutions. (M1)Characteristics / Possible Evidence delectation of comparative charts and sufficiently detailed to show that an effective approach to study and research has been applied to Berkshire Hathaway.Select and apply appropriate methods. (M2)Characteristics / Possible Evidence relevant theories and techniques nonplus been applied in leadership style and approaches to management especially related to Berkshire Hathaway sources sources are justified.DistinctionUse critical reflection to evaluate own work and justify valid conclusions (D1)Characteristics / Possible Evidence creation has been used to generate and j ustify valid comments on approaches to different management and style of leadership of Berkshire Hathaway.Demonstrate convergent, lateral and creative thinking (D3)Characteristics / Possible Evidence report has been prepared with care and clearly demonstrates the learners thinking, innovation and creative thought used.Presentation1. The assignment should accept a unfold page that includes the assignment title, assignment number, business title, module title, Lecturer/tutor name and students name. Attach all the pages of assignment brief/cover sheet with your report and leave them untenanted for official use.2. Ensure that authenticity declaration has been signed.3. This is an individual assignment.4. Content sheet with a list of all headings and page numbers.5. A fully typed up professionally presented report document. Use 12 point Arial or Times New Roman script.6. Your assignment should be word-processed and should not exceed from 2,500 to 3,000 words in length.7. Use the Har vard referencing system.8. Exhibits/appendices are outdoor(a) this limit.9. The assignment should be not contain a bibliography but should contain a list of any references used in the assignment.NOTES TO STUDENTS for summission cave in carefully the submission date and the instructions given with the assignment. Late assignments will not be accepted. Ensure that you give yourself enough time to complete the assignment by the due date. Do not leave things such as printing to the last minute excuses of this nature will not be accepted for failure to hand-in the work on time. You must take responsibility for managing your own time effectively. If you are unable to hand in your assignment on time and cave in valid reasons such as illness, you may apply (in writing) for an extension. Failure to achieve a PASS grade will results in a REFERRAL grade being given. Take great care that if youuse other peoples work or ideas in your assignment, you properly reference them in your text and a ny bibliography. NOTE If you are caught plagiarizing, the University policies and procedures will apply.Prepared for Ms. Le Thu HanhThe lecturer of ITP- F06BCourse no F06Banking Academy, Hanoi VietnamPrepared byHoang Nang Le MinhRegistration No. ITP F06-090Submitted Date Word Count 3361Table of contentExecutiveSummary.13 Introduction..141.1 Compare and contrast different organisational structures and kitchen-gardening151.2 Explain how the relationship between an organisations structure and culture can impact on the performance of the business..171.3 Discuss the factors which influence individual behavior at work.202.1 Compare the effectiveness of different leadership styles in different organizations..212.2 Explain how organizational theory underpins the practice of management..222.3 Evaluate the different approaches to management used by different organizations24Conclusion.26 Reference27Executive SummaryViet Tien Garment Joint Stock Corporation Vtec and Berkshire Hathaway company is twain big organisations with legion(predicate) organisational factors , extradite established for a larger number of purposes , they have many same points or other points in their structures , their ways of functional . Viet Tien Garment produce c componenthes ( pants , shirts , sportswear , suits ) , in addition this company supply services of accessories and materials for garments . For a long time served Viet Nam customers with their products , Viet Tien Garment have built a famous situation and reputation in its own country . About Berkshire Hathaway company in past Berkshire Hathaway produced textile fabrics , but afterwards Warren Buffett became its CEO , this company started working on many versatile fields as insurance , financial services , jewellery Till now , Berkshire Hathaway is very famous not only because of its CEO (Warren Buffett ) but also because it worked probably very efficient , bring a lot of benefits to its employees .IntroductionPurposes / goals of doing this organisations and behaviour assignment Practically find and analyze information virtually both companies ( Berkshire Hathaway and Viet Tien Garment Joint Stock Corporation ) which really exist in other countries , act at other fields to clear the relationship between organisational structures and culture , in addition we can comprehend different approaches to management and leadership , also gain knowledge from all outcomes in the textbook . For exp Explain how the relationship between an organisations structure and culture can impact on the performance of the business , or compare the effectiveness of different leadership styles in different organisations Information and news in this assignment have given from trustable web sites which are official orpopular with people . Berkshire Hathaway and Viet Tien Garment are so popular in its own country but it is not easy to collect all true information about them , or really understand their business clearly . then a ny comments / reports in this assignment may be right or wrong base on reader s experience . This assignment just only cover a small part of placements and Behaviour textbook with a wider aver when mentioned two big companies ( Berkshire Hathaway company and Viet Tien Garment ) as prime examples .1.1 Compare and contrast different organisational structures and cultureEach organisation have its own structure , culture which affect how it works and why it become a successful organisation or not . Structures and culture are very important with organisations because they have an impact on the way people look at each organisation , the adaptability of each organisation About Viet Tien Garment Joint Stock Corporation Vtec and Berkshire Hathaway company , both of them are successful when they chose their organisational structures and culture then apply it expeditiously to their ways of working . Their organisational structures and culture are showing in the chart below Organisations Vie t Tien GarmentBerkshire Hathaway companyOrganisational structuresTallCentralisationFlatDecentralisationOrganisational cultureRole cultureTask cultureRole cultureCompare and contrast about organisational structures Berkshire Hathaway have been controlled by CEO Warren Buffett and other directors as the highest level of management . They give orders to other subordinates . According to the 2010 Berkshire Hathaway Annual Report Berkshires operating businesses are managed on an unusually decentralized basis . There are essentially no centralized or integrated business functions ( such as sales , marketing , purchasing , legal or piece resources ) and there is minimal involvement by Berkshires corporate headquarters in the day-to-day business activities of the operating businesses . So their structure is flat and decentalisation opposite with Viet Tien Garment Joint Stock Corporation . Nowadays , many organizations have an enhancement in their average span of control , diminishing management levels and then become flatter , so as that they can reduce demand for middle managers to handle or analyse information Berkshire Hathaway are loss on this way very early , that s true decision . Any cost , expense for middle process will be removed . The boss will have maximum benefit , and employees too . But this kind of organisation can make many people become the out of work because they just use a small number of staffs / key employees who are skilled as their high requirements . The high amount of delegation the organisation have , more favourable qualities their employees must have . Viet Tien Garment , with their centralisation structure , cant have some advantages as Berkshire Hathaway company , but they make many people have jobs . Viet Tien have a lot of branches , regular foreign customers and outlets ( inside and outside Viet Nam ) with many workers / employees in their factories . They really help Viet Nam establishment prevent the unemployment not so efficient but that s enough at this time . Therefore we can realize that Berkshire Hathaway and Viet Tien Garment Joint Stock Corporation have different structures , with many advantages and disadvantages In my opinion , if they can combine all kind of structures to balance the amount of advantages and disadvantages , then find out a sufficient structure which increases their maximum proceeds , it will be very uncorrupted for their organisations . Have too untold ( or too low ) the amount of delegation , it isnt stable should keep it in an average amount .Compare and contrast about organisational culture Berkshire Hathaway have task culture in some cases . When Berkshire Hathaway employees work in specific fields wish well insurance industry , they must do many short term and long term missions or projects so as that they can earn money from each finished products / accomplished missions Employees work with team mates in a group to finish their tasks on time . In addition , this company (Berkshire Hathaway ) have exercise culture . As a large company with many types of jobs and the work is predictable , social occasion culture is very suitable for doing their business . CEO Warren Buffett had chosen this reasonable culture which agreeable to this company , he did many things in order to gradually made it become the most respected company (Forbes 2007) . Viet Tien Garment have role culture with the same reasons like Berkshire Hathaway . In a big organization with a lot of factories ( like Viet Tien Garment ) , task cultures are not suitable because of many reasons . Factors in task cultures are not suited to Viet Tien labours ( their behavior , their habits , ) and the way this company work .1.2 Explain how the relationship between an organisations structure and culture can impact on the performance of the businessHow the relationship between Berkshire Hathaways structure and culture can impact on their performance of the business Organisations structures is the manifestation of ways that a company arrange itself and show its mode of working , so it can impact on the performance of organizations . Berkshire Hathaways structures are flat and decentralisation , that make this company may have many advantages or disadvantages when perform their business . To using these types of organisational structures , board of directors in Berkshire Hathaway company have chosen skilled employees / directors who can create true decisions when it is suitable , and understand all anything they must do for their company . Berkshire Hathaways divisions and subsidiaries are, by Buffetts admission, run with little or no oversight by Omaha headquarters. Each year he sends the CEOs a general letter outlining high-level goals and requires very few reports or status updates. One-way communication of monthly and quarterly financial results is the primary method used by most of the business units to report to headquarters ( Francine , 2011 ) . Orga nisations culture is thestyle and the main image of an organisation , it shows us what the organisation aimed at and what are the special characteristic of that organization Therefore organisations culture always affect the performance of organizations . By using task culture and role culture , Berkshire Hathaway company can work easier than use any other types of culture . CEO Warren Buffett said that Berkshire has created a strong culture over the years that would reject any start out by an outsider to make changes that dont reflect his way of doing business . ( Alex Crippen , 2013 ) . Each year this company with its culture has been widening so much , not only its size or number of employees but also its quality and quantity of productivity , revenue Berkshire, of course, owns subsidiaries across a wide range of industries, from insurance to candy and beyond. It also holds investments in numerous companies . (William L. Watts , 2013 ) .How the relationship between Viet Tie n Garments structure and culture can impact on their performance of the business Viet Tien Garments structure always have an impact on their performance of the business like Berkshire Hathaway company . Viet Tien Garments structures are tall and centralization , so this company have been affected by its ways of arrangements . The performance of Viet Tien Garment ( especially their production capacity ) is showing in charts below By using their organizational structures ( tall and centralization ) and organisational culture ( role culture ) , till now Viet Tien Garment have many employees , factories and departments in Viet Nam , with high production capacity , as the huge system which usually work hard under the terms of covenants and severe rules . If Viet Tien Garment havent arranged like that , this company cant reach achievements currently . Because labour costs are low , they arent able to recruit expert employees or skilled workers who graduated from famous universities , the refore flat organization is not suitable for Viet Tien Garment ( in this company , just only people on the highest level of management can make decisions ) . They cant choose a wide span of control . And of course , in fact they have not chosen . Using tall and centralization structure is the true way for Viet Tien todevelop in future . With role culture , their workers are capable of producing acceptables together in factories that s reasonable method for a big company in garment industry like Viet Tien .1.3 Discuss the factors which influence individual behavior at workHave a lot of factors which influence individual behavior at work because individuals are very various . Firstly , perception is the important factor which always affect individual behavior . For example If a worker think that his job is very good and his average wage is adequate ( although some other workers said that it isnt true ) , he will do his affair in a brave mood , so he can reach excellent results eas ier than others . Each organization have its own culture and structures , therefore their employees must have suitable perception . If the perception of employees in the organization is fit for their jobs , their ways of working will have more originality , positive innovation After read many employee reviews of Berkshire Hathaway company , we can understand reasons which made this company successful I worked at Berkshire Hathaway as an intern . Very relaxed working environment . Management cares about new hires and tries to help . A former employee . Nothing negative to share , one of the best work environments I have encountered in my career a former employee in San Francisco . Secondly , attitude is the conspicuous factor that usually influence individual behavior at work . When an employee go to work with a positive attitude , he can make other employees have good mood to do their jobs better . A positive attitude also create a cordial atmosphere in workplace , so all emp loyees in a organization should have an active attitude maculation they work . But if an employee dont know how to have an active attitude , what must he do ? His managers or directors have to solve this paradox by suitable ways with each case . Buffetts 2012 yearbook report have a paragraph Most of our managers are independently wealthy, and its therefore up to us to create a climate that encourages them to choose working with Berkshire over golfing or fishing. This leaves us needing to treat them fairly and in the manner that we would wish to be treated if our positions were reversed . Managers in Berkshire Hathaway company have been treated very kind , therefore they worked efficiently ,make their company more successful day by day .2.1 Compare the effectiveness of different leadership styles in different organizationsEach leadership style have the effectiveness that always affect its organization . Warren E. Buffett is CEO of Berkshire Hathaway , in addition he is the famo us billionaire investor in the world . Under control of this skilful CEO , Berkshire Hathaway steadily become the successful company which works on many fields . Firstly , we can easily see that Warren Buffett inspires his employees to work hard . His subordinates usually think about how to earn money and become a famous billionaire investor like him . When CEO Warren Buffett manage Berkshire Hathaway company , The share price of Berkshire Hathaway has grown from about the approximate range of $14 to $18 (of 1965) to $152,000 (in early 2013) in the 48 years that Warren Buffett has been in charge. Book repute per share has grown by a staggering 587,000%. This immense success has included enormous success in both stock investing and in the management of the numerous businesses that Berkshire owns. It is therefore evident that Warren Buffett has been an absolutely extraordinary corporate manager, motivator and leader . ( Shawn C. Allen , 2013 ) Another famous CEO in the world is Mi chael Dell . He filled a void in the market that would change how people buy computers and all the accessories. At the age of twenty-seven, he was the youngest serving 500 CEO. True, it was the company he founded, and not one where he climbed the ranks, but making the Fortune 500 list is an incredible accomplishment for long standing(a) companies, let alone one that was barely eight years old. People close to Michael Dell say he is quite shy, which makes his rise to super-entrepreneur that much more incredible. In the early days, he was the only one doing the marketing and promotion, and he obviously served both the customers and the company well. And, even though he had retired from the company a few years ago, the board encouraged him to return ( Profile Michael Dell , 2013 ) . In periods that Michael Dell is CEO , his corporation have been widening a lot and help many people have modern jobs .2.2 Explain how organizational theory underpins the practice of managementThe practi ce of management can be predicated by many organizational theories . Berkshire Hathaway company executed two theories Frederick Taylor theory and Henri Fayol theory . Henri Fayol theory The scalar chain of command Follows Henri Fayol theory , Berkshire Hathaway arranged their organizational structures by the way in this theory as the chart belowDivision of work ( specialization ) Each of Berkshire Hathaway employees have to focus on their jobs to be more efficient . More hard working in the same job , correspondingly more productive . We can see an employee review on net income to comprehend these points Name / function Maintenance (Current Employee)I have been working at Berkshire HathawayPros They really care about their employees. They listen to their employees. Benefits are great, management and look office go above the norm in making it an enjoyable place to work. Very happy here Cons The working conditions are not barely ideal. It is very loud, but appropriate ear pr otection is worn. The chemicals that are in the air, cant be that good for your health in the long run, but it could be much worse. Advice to Senior Management I wish I could come up with something, but I truly do think that the management is really on the right path in all that they are trying to accomplish. ESPIRIT DE CORPS Berkshire Hathaway employees have been treated impartially and their managers usually create good feelings among employees . According to an analysis on Internet , 86% of employees recommend this company to a friend . Therefore we can see that Henri Fayol theory have a lot of principles which underpin the practice of management .Frederick Taylor theory Employees , directors in Berkshire Hathaway clearly have their responsibility to do their work closely . Directors and managers help subordinates understand how to complete their tasks , and subordinates will do . Subordinates have to learn new methods from other employees then try toperform better . So thats r ight ways to apply Taylor theory into workplace .2.3 Evaluate the different approaches to management used by different organizationsBerkshire Hathaway company1. Structure With its structures ( flat , decentralization ) , Berkshire Hathaway can save costs , expense from some middle processes , then use this money for doing other things . At the moment , many organizations are steadily changing their structures to become more flatter in order to gain more benefit .2. Culture Each organization have its own culture . With task culture and role culture , Berkshire Hathaway employees can complete tasks better because these types of culture really suitable for any fields which their company are controlling / working . If they use authority culture , the boss will be very tired to manage the whole company , and all employees cant meet their boss at the same time to take missions ( What should they do if their company have more than 5000 employees ? ) . So their organizational culture are task culture and role culture , that s obvious .3. leaders under control of CEO Warren Buffett and other skilled directors , Berkshire Hathaway became the most respected company (Forbes 2007) . Their decisions in management are punctual and rational , their employees have been trained to be more productive . Their employees also have been treated very kind . During the 2012 fiscal year, Berkshire Hathaway held one annual directors meeting, one special meeting, and met twice by the directors unanimous consent. Each director attended all meetings of the board and all committee meetings on which he or she served. Directors received $900 for each meeting they attended in person and $300 for each meeting they attended by telephone ( Meredith Kliewer , 2013 ) . Berkshire Hathaway board of directors is very good at their leadership , therefore this company is successful till now .Viet Tien Garment1. Structure With its structures ( tall , centralization ) , Viet Tien Garment cant have some advantages as Berkshire Hathaway company , but they make many people have jobs . Viet Tien have a lot of branches , regularforeign customers and outlets ( inside and outside Viet Nam ) with many workers / employees in their factories . They really help Viet Nam government prevent the unemployment . Their structures are very suitable with their ways of working and selling goods .2. Culture Their organisational culture ( role culture ) is the true decision , because this company have a lot of factories and workers in Viet Nam , and role culture can help its directors to control all of them .3. Leadership This company is still perform well without any scandals , so their leadership is good enough for working in future .ConclusionAfter analyses two big companies ( Berkshire Hathaway and Viet Tien Garment ) , we can comprehend about main ideas as the relationship between organisational structures and culture , or different approaches to management and leadership . low on informat ion about Viet Tien Garment and Berkshire Hathaway company , this project can analyse primary principles in factors of organisations , as the linkage between organisational culture and structure , or the effectiveness of different leadership styles in different organisations , how organisational theory underpins the practice of management Moreover , using information in many sources as articles , books and websites that have been recognised or found on Google Scholar , this record help us understand the relationship between organisational structure and culture , understand different approaches to management and leadership , have a lot of useful knowledge for using in real life , and comprehend many outcomes in the textbook .Reference2010 Berkshire Hathaway Annual Report . 2010 . From http//retheauditors.com/2011/09/02/the-berkshire-hathaway-corporate-governance-performance/Alex Crippen . 2013 . Warren Buffett Berkshire Will Be the Same Without Me . From http//www.cnbc.com/id/100707 968