Henry Singleton: A Pioneer of Corporate Strategic Leadership and Value Creation
Strategy & Leadership, Vol. 38, No. 6, pp. 29-37, 2010
Posted: 19 Oct 2010
Date Written: October 18, 2010
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: Corporate Strategy, Financial Management, Leadership, Entrepreneurship
JEL Classification: L20, L21, M13, M21
Suggested Citation: Suggested Citation