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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.
The Beehive State is abuzz. The stretch along the Wasatch Front from Ogden to Provo is growing into a hub of technology entrepreneurship, dotted with everything from scrappy startups to billion-dollar ventures. Meet Seven Marriott School Alumni inside Utah’s Tech Boom
Negotiation skills might not bring you everything you want in life, but you can increase your odds of success. To up your game, try a relationship-driven approach for an outcome that helps everyone, says a 2015 study in Harvard’s Negotiation Journal.
As children grow, a parent’s role evolves—from caregiver to choreographer to coach. When children hit young adulthood and finish their college years, parents function primarily as consultants. But this promotion is no cushy retirement. It’s a challenging gig: even the most well-adjusted young adult can run into roadblocks, and parents have less control over kids’ decisions than before.
Gandhi has a story. Winston Churchill has a story. Martin Luther King Jr. has a story. Great leadership is interwoven with great stories, and often this leadership comes when leaders perceive the power of their own stories.
How a neglected virtue can redeem leadership's most notorious vice
After a divisive campaign that brought us the #AnyoneButTrump movement and Hillary Clinton’s literal Woman Card, you might know where you stand when it comes to the presidential candidates—or maybe you’re not so sure, even as the polls ready to open this November.
Peter Madsen takes the admonition to turn lemons into lemonade quite seriously. In grad school Madsen, now a Marriott School organizational leadership and strategy professor, became fascinated with how organizations learn from catastrophes. “Most of my research focuses on how they deal with and try to prevent rare, bad events,” says Madsen, who earned his PhD at the University of California, Berkeley. “Whether mistakes happen internally or externally, companies can glean information that allows them to reduce their chances of being involved in accidents.”
Class begins with everyone looking intently at the same spreadsheet on their laptops. Today’s task: learning how to calculate financial ratios like debt-to-equity, asset turnover, and net profit margin—with the click of a button.
Growing up in Central Florida, Erik Jacobsen pretty much knew he wanted to be a cowboy by the time he was twelve or thirteen years old.
There are ninety-five beautiful and bright days this year to revel in the pleasures of summer.
How the Marriott School Is Helping Students Land Jobs and Internships
With a smartphone, you’ve got the whole world in your pocket. And with more than half a million apps in the iTunes store and more than 300,000 available for Android phones, wading through the options can be daunting.
During the Clinton administration, Stephen R. Covey heard several family members criticizing the president’s policies.
Lessons from Joseph Smith, Lehi, and the Recent Accounting Scandals