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Fred Hilmer completed his tenure as CEO of Fairfax in late 2005.With his academic background, he was a surprise appointment to theposition that he ended up holding for seven years. By 2006 Fairfax's earnings had doubled, costs were down andrevenues were up; more importantly, in a highly competitiveclimate, Hilmer had restored the health of the flagging newspaperand publishing empire and built a digital platform. In The Fairfax Experience: What the Management Texts Didn'tTeach Me Hilmer discusses his time at Fairfax - his mistakesand what he learned from them, the negatives of change managementand how he made the tough decisions while coping with the fallout. A fascinating look at what it takes for leaders to achievesustained business success The Fairfax Experience showshow theory can fall short in an industry dominated by strongpersonalities, family empires, legislative reform and the mediaspotlight.