MGMT 202 1st Edition Lecture 17Outline of Last Lecture I. Assumptions of Neoclassic EconomicsII. Market EconomiesIII. Limitations with Classic Economic ThoughtOutline of Current Lecture I. Gilbert Davidson’s Career/BackgroundII. Old Student Union Renovation and ILC HistoryIII. Advice for Current StudentsIV. Ethics and Integrity and Davidson’s Application to His CareerCurrent LectureCity manager of Wilcox, AZ at age 27 – responsible for finance, HR, road construction, police, fire department – efficient, fair, effectiveStayed 3 years then moved to town manager of Marana – one of the fastest growing cities in US over the last 10 yearsMarana owns airport, Ritz-Carlton (best resort in Southwest)In college – senator in ASUA, president – dealt with overseeing construction/remodeling student unionOld student union – rain leaked through floors, additions were disorganized and nonsensicalStudents protested ILC being built on mallASUA was honest; students voted no, they wouldn’t pay an extra fee to improve the union but said it was administration’s responsibility, so UA found a way to build the new student union and ILC without increasing feesJoining clubs/groups shows application of knowledge, willingness to try new things to future employersTry to excel in whatever you’re currently doing – helps continue your education, improve your skillsBe engaged and involved!time flies so take advantage of every moment to build memories, get involved, make friendshipsand connectionsEthics – inclusive, morals/values, making judgments based on situationsDo ethics always apply to you? No; everyone’s ethics are different (beyond basics – don’t murder, rob a bank, etc).Little decisions form your ethical principles – people around you, work environment, etc all add upEgo influences decisions involving ethics Like our national debt – it wasn’t sudden; it’s built over timeGood to share decisions; teams; partnersMarana – when budget cuts came, they went to employees and explained and let them come up with ideasEmployees voluntarily gave back $ ½ mil from salaries to town of MaranaCut a few programs and part-time staff but no huge layoffs Create environment that encourages communication and discussion, even if everyone doesn’t agreeWhen you have to make a decision that will make some people unhappy, you have to be able to explain WHY; reassure everyone that the facts were taken into consideration, everyone’s voice was heard – it’s impossible to please everyoneWhen you get out in the world don’t forget or leave behind your core values when you face challenges in family, personal, or work
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