MGMT105 3 28 14 Lecture 1 UNIT 4 TEST4 3 28 14 New Unit for Test 4 Guest Speaker from CheapCaribbean com Beach Vacation Experts Two Parts to his life First Part o Top Ten Things I wish I knew when I came to TAMU 1 Gumbys Gumbys pizza will kill you 2 Everything in Sabisa Hall is made from the same ingredients 3 You never have to do laundry if you sign up for credit cards 4 Whatever you do don t go to the football game with a dude 5 Those aren t core guys whistling 6 You may never use your degree 7 Control Kills Grew up in a small TX Home Hard work was important otherwise known as Perfectionism Have to control what people think about me Started to develop an anger and into highschool the anger started to evolve and he turned to drinking and drug use Made a change when he came to A M Geography cure left all bad stuff behind Had a great run at TAMU with degree in accounting In 2004 he got married Tried a 12 step program to cure his anger problem who lost control needed to learn how to have a dependent life instead of an independent life This became foundation for the latter part of his life To be a successful CEO what I bring into that is not technical competence you bring life lesson learn yourself 8 Quitting is for the strong Humans try to get the wrong method to produce the right results by doing it harder We cannot solve our problems with the same thinking we used when we create them 9 Follow principles not rules Principle on priorities put first things first and you get second things thrown in put second things first and you lose both the first and the second PERSPECTIVE People don t seem to realize that their opinion of the world is also a confession of character We do not see things as they are we see them as we are PURPOSE Conscious Capitalism Conscious Capitalists says goal is to maximize stakeholders value o Stakeholders for every business Customers Employees Shareholders Vendors Partners Our Communities 10 Small Seeds grow into Big Trees What you do here at TAMU MATTERS Q A How important is a company s culture when deciding a place to go and work o Culture eats strategy for breakfast focus on something primary Culture matters more than a good strategy Culture is EVERYTHING o Companies can t be as successful without an amazing culture Day to day lifestyle as an executive o Travel Life o Work you have to do o Stress o You have to be passionate and create a family theres two kinds of leadership fear based leadership and love based leadership o CEO role is working on the company and requires a different set of disciplines What has been the most difficult decision of his business career o Met guy named Caribbean Jim o Was on a board of directors left to be CFO of company in Philly o Found out that the company he worked for was going out of business went out and create a group and raised some funds for this company o Realized that him and the ceo of the company he worked for were not in correlation with each other and had to walk away and resign from his company What do you put first in your life o For any initiative to be successful you have to answer Why first then How and then What o Business and Personal can t be separated integration is a must o YOU HAVE TO ANSWER THE WHY QUESTION FIRST o Sole purpose in the world his relationship with God 03 28 2014 03 28 2014
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