Henry Singleton: a pioneer of corporate strategic leadership and value creation
Abstract
Purpose
This paper profiles the leadership and Financial Strategy principles of Dr. Henry E. Singleton, the late founder of Teledyne Corporation.
Design/methodology/approach
The main sources of this paper are a private study prepared by Leon G. Cooperman, Chairman and CEO of Omega Advisors, Inc., who knew Dr. Singleton and who was a long‐term Teledyne investor, as well as a 2007 book that was published by Teledyne's former president.
Findings
The leadership and financial strategy principles of Henry Singleton have broad applicability to executives across industries and to researchers across disciplines including strategy, finance, management, and entrepreneurship.
Research limitations/implications
Singleton's principles, especially in the area of Financial Strategy, could be used by executives in the challenging times that likely lay ahead, and could serve as the basis for applied‐based research, most particularly case studies, on entrepreneurship, growth by acquisition, capital allocation, stock buybacks, and spin‐offs.
Originality/value
Long‐time associates of Singleton believe this is the first academic analysis of his leadership and financial strategy principles.
Keywords
Citation
Calandro, J. (2010), "Henry Singleton: a pioneer of corporate strategic leadership and value creation", Strategy & Leadership, Vol. 38 No. 6, pp. 29-37. https://doi.org/10.1108/10878571011088041
Publisher
:Emerald Group Publishing Limited
Copyright © 2010, Emerald Group Publishing Limited