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TAMU MGMT 309 - MGMT105 - 3.28 UNIT 4

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3/28/14: New Unit for Test 4Guest Speaker from – “CheapCaribbean.com” Beach Vacation ExpertsTwo Parts to his life:First Part:Top Ten Things I wish I knew when I came to TAMU1) Gumbys, “Gumbys pizza will kill you”2) Everything in Sabisa Hall is made from the same ingredients3) You never have to do laundry if you sign up for credit cards4) Whatever you do, don’t go to the football game with a dude5) Those aren’t core guys whistling6) You may never use your degree7) Control KillsGrew up in a small TX HomeHard-work was important otherwise known as “Perfectionism”Have to control what people think about meStarted to develop an anger, and into highschool the anger started to evolve and he turned to drinking and drug useMade a change when he came to A&MGeography cure, left all bad stuff behind.Had a great run at TAMU, with degree in accounting…In 2004 he got marriedTried 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 lifeThis became foundation for the latter part of his lifeTo be a successful CEO, what I bring into that is not technical competence you bring life lesson learn yourself8) Quitting is for the strongHumans try to get the wrong method to produce the right results by doing it harderWe cannot solve our problems with the same thinking we used when we create them9) Follow principles, not rulesPrinciple 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 characterWe do not see things as they are, we see them as we arePURPOSE – Conscious CapitalismConscious Capitalists says – goal is to maximize stakeholders valueStakeholders for every businessCustomersEmployeesShareholdersVendors/PartnersOur Communities10) Small Seeds grow into Big TreesWhat you do here at TAMU, MATTERS!!!Q&A:How important is a company’s culture when deciding a place to go and work?Culture eats strategy for breakfast – focus on something primary, Culture matters more than a good strategy… Culture is EVERYTHING.Companies can’t be as successful without an amazing cultureDay to day lifestyle as an executiveTravel Life -Work you have to do -Stress?You have to be passionate and create a family, theres two kinds of leadership – fear based leadership, and love based leadershipCEO role is working on the company, and requires a different set of disciplinesWhat has been the most difficult decision of his business career?Met guy named “Caribbean Jim”Was on a board of directors, left to be CFO of company in Philly.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…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 companyWhat do you put first in your life?For any initiative to be successful you have to answer Why first, then How, and then WhatBusiness and Personal can’t be separated, integration is a must.YOU HAVE TO ANSWER THE WHY QUESTION FIRSTSole purpose in the world – his relationship with God.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:oTop 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 valueoStakeholders 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?oCulture eats strategy for breakfast – focus on something primary, Culture matters more than a good strategy… Culture is EVERYTHING. oCompanies can’t be as successful without an amazing culture-Day to day lifestyle as an executive oTravel Life - oWork you have to do - oStress?oYou have to be passionate and create a family, theres two kinds of leadership – fear based leadership, and love based leadershipoCEO role is working on the company, and requires a different set of disciplines -What has been the most difficult decision of his business career?oMet guy named “Caribbean Jim”oWas on a board of directors, left to be CFO of company in Philly.oFound 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… oRealized that him and the ceo of the company he worked for were not in correlation with each other, and had to


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TAMU MGMT 309 - MGMT105 - 3.28 UNIT 4

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