How did Anders lead his company to generate $5 billion in cash in three years?

The strategies used by Anders in "The Outsiders" have high potential to be implemented in real-world scenarios. These strategies include a sharp tightening of operations and selling off non-core businesses. By insisting that the company bid only on projects they had a good chance of winning, the returns were compelling. The overall headcount was cut by 60%, freeing up significant resources. However, it's important to note that these strategies may not be suitable for all businesses and situations. They require careful consideration and strategic planning.

The themes of "The Outsiders" are highly relevant to contemporary business issues and debates. The book highlights unconventional techniques used by successful CEOs, such as focusing on core businesses, efficient operations, and strategic bidding. These themes are still pertinent today as businesses strive for efficiency, profitability, and competitive advantage. The book's emphasis on radical rationality and unconventional thinking can inspire current and future business leaders to challenge the status quo and innovate.