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Reducing the compensation of a CEO by half is not an easy decision. But for board members with shareholders to consider, tough decisions like these are sometimes necessary.
It’s the new adage of the marketing world: the secret to happiness is spending money on experiences, not things. While the desire for the latest gizmo has long fueled a culture of consumption, lasting memories can make a business a winning one.
Changing the missionary age infused excitement and opened doors for many new opportunities. It also created a few challenges. One of these challenges at the Provo MTC was how to prepare and serve as many as 10,000 more meals a day.