Philip F. Anschutz: Entrepreneur with a "Contrarian Strategy"


Code :ENT0013

Year :

Industry :Telecommunications

Region : USA

Teaching Note:Not Available

Structured Assignment :Not Available

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Abstract: Philip F. Anschutz (Anschutz), one of the richest American businessmen acquired stakes in more than 100 underperforming businesses and successfully restructured them into profitable entities. He built one of the largest theatre chains in the US, the Regal Entertainment Group and also flourished in the telecommunications business through Qwest. Anschutz's flair for betting on underperforming businesses had earned him the recognition as an entrepreneur with a ‘contrarian strategy’. However, Anschutz faced setbacks when an accounting scandal forced him to quit from the Non-Executive Chairman post in Qwest. Analysts opined that his latest venture into newspaper business was also a challenge considering the strong competition from The Washington Post.

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Pedagogical Objectives:

  • To understand the strategies followed by Anschutz to become one of America's richest and successful entrepreneurs
  • To understand and analyse Anschutz's 'contrarian strategy'

    Keywords : Entrepreneurship Case Study, Philip F Anschutz, Contrarian strategy, Entrepreneurship, Oil exploration, Largest theatre chain in the US, Entry into newspaper business, Risk taking ability, Turning around loss making businesses, Strategy and general management

    Contents :
    » Philip F. Anschutz: The Contrarian Strategy
    » Qwest Communications Inc
    » Forest Oil
    » Anschutz Film, Entertainment and Theatre Group

    Case Introduction >>

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