New ideas from dead CEOs

Lasting lessons from business leaders who've gone to the great corner office in the sky.

David Sarnoff: RCA
David Sarnoff: RCA
Obstacle:
A poor immigrant from a Russian shtetl arrives without speaking English and without any understanding of the modern world.

Innovation:
Sarnoff realizes that wireless communications can create broadcasting: bringing music, sports and news to the masses in their homes, cars and public arenas.

Lesson for today:
Master the science and the business, while always pushing to expand the brand to new territories. Today, Airbus is struggling to build its giant, double-decker A380, costing it millions of dollars in delays and cancelled orders. Sarnoff would not have permitted the company to introduce a new product without knowing how to build it. He did not allow RCA to sell color television sets until the engineers could mesh them with black and white.

Giannini

Watson Sr.

Watson Jr.

Ash

Lauder

Sarnoff

Kroc

Morita

Walton

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.