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Joshua's Beginner's Investing Blog

By Joshua Kennon, About.com Guide to Beginner's Investing since 2001

9 Lessons You Can Learn from Legendary Coca-Cola CEO Roberto Goizueta

Friday August 29, 2008

Roberto Goizueta remains one of the greatest executives and managers in history. During his tenure, the Cuban immigrant grew the value of Coca-Cola’s common shares by more than 3,500%, while cleaning up the mess of his predecessor, which had resulted in the beverage company tied up in everything from shrimp farming in South America to manufacturing plastics. He strengthened, consolidated, and spun-off a substantial part of the bottler network in the form of Coca-Cola Enterprises that now forms the backbone of the Coca-Cola system, and focused on capital allocation with such spectacular results that even Warren Buffett would have to stand up in admiration.

In this brief special, we are going to look at some of the lessons Goizueta can teach us from his day-to-day management of one of the most famous companies on the planet. It is our hope that you can take away from it practical, and actionable, ideas to grow your own net worth or improve your life in some meaningful way.

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