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I once knew a man who worked for a major oil company. He managed a large wholesale territory that sold fuel and oil products to airlines and other big accounts. Some years ago, the company decided to pull out of his territory. They offered him the opportunity to buy the wholesale business “for a song,” which he readily accepted. He worked diligently and set specific financial goals for his company. He committed these goals to writing on 3x5 cards and kept them in his shirt pocket so he could frequently review them. Everything he did with that business was aimed at fulfilling these goals.
On 19 March 2009 BYU student Steve Hansen wasn’t in the Tanner Building atrium eating lunch with his peers. He wasn’t in Provo, in Utah, or even in the country. Hansen was across the Atlantic eating salmon and caviar with foreign dignitaries, government officials, and international investment CEOs at an invitation-only gala dinner at the Hotel de Paris in Monaco.
At Wal-Mart headquarters in Arkansas, Greg Chandler is holding a paperless meeting. Instead of handing out copies of his presentation, he flips open his laptop and turns it around. Rather than finishing the meeting in the office, Chandler invites his associate to join him on a walk outside. He makes sure he shuts off the lights on his way out.
Early in the semester of his supply chain strategy class, Stan Fawcett stands in front of his students with a fresh, yellow ear of corn in his hand.
I belong to a family that likes to put puzzles together. Mom and Dad were avid constructers. My sister and her husband frequently have a table in their living room with a puzzle underway. And my brother could search for hours to find a key piece.
Marriott School Deans Make History
The Marriott School Acquires the Recreation Management and
Youth Leadership Department
Lessons from Joseph Smith, Lehi, and the Recent Accounting Scandals
Successful organizations are dynamic, not static, always looking for a better way of doing business. With a vision of what they want to become, they set goals that make the vision a reality.
After a quarter of a century, we pause to look back at the development and growth of the now worldwide Management Society.
After living and working in London for the past three years and having recently moved to Dublin, where pub culture is the hub of social interaction, I have been extended many invitations to “grab a pint” after work.
Assistant Dean Joseph D. Ogden discusses the growing impact of fraud with international fraud expert and Associate Dean W. Steve Albrecht. Albrecht has published more than eighty articles in professional journals and numerous books on fraud, personal finance, and accounting. Throughout his career he has consulted for more than sixty-five organizations including British Petroleum, Bank of America, General Motors, IBM, the United Nations, and the FBI. In addition, he has served as an expert witness in twenty-six major fraud cases, the largest of which was $2.8 billion. Finally, Albrecht has been recognized by Accounting Today as one of the top one hundred most influential people in accounting.
My family and I are very proud to have our name associated with this great school—not only because it’s a terrific educational institution, but because we espouse similar values.