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Guide opening:
Charles Foster Kane (William Randolph Hearst, if you will) knew how to make a small
fortune: he started with a large one. He left just enough behind at the end of his career
so that level-headed controllers could manage his company back to prosperity and
eventually create one of America's most wealthy private companies. Kane never pretended to
be a businessman, but that doesn't mean he wasn't a great manager. He managed his money
(all inherited) to his own ends, and much to the consternation of his traditional
associates. When, for example, Kane is told that one of his newspapers has lost a million
in the preceding year, he cavalierly notes that it will probably lose a million dollars in
the coming year, as well, and millions more in the years beyond. And, he says, if the
newspaper continues to lose money at that rate, he'll still be able to publish it for 60
years!
Unfortunately, much of America wants to work for somebody like Citizen Kane: a boss with
unlimited resources and no interest in profit. Of course, they'd also like that boss to be
caring, devoted to the highest principles and ethical practices, to pay well and to
provide generous benefits. In most cases, you only find that in the movies - but not in
this one.
Summary of the commentary:
The commentary examines Kane's leadership style; product integrity (his journalistic
credo); the concept of fiduciary responsibility exemplified by his attorneys; the role of
the firm; and, of course, the succession issues that are peculiar to private companies
held in trust.

The commentary is supplemented by BREAKOUT BOXES
dealing with these topics:
 |
The Best Film of All (A Recap of the
AFI Tribute to Citizen Kane) |
 |
The Real Citizen Kane (A Brief Bio
with Picture of William Randolph Hearst) |
 |
Hearst Corporation Today (A Look at
What Has Happened to the Real Business, Since WRH Died. It's a Great Story!) |
 |
The Role of Profit |

THE GUIDE also includes an essay that looks at business as depicted in
the movies. For an introductory section on how to use the Management Goes to
the Movies program, click through to Using The MGTTM Training Program.
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