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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.
This is the third in a series of articles that looks at what organizational culture is, why it’s important, and how to change it.
Members of the BYU Marriott community share ideas on how to overcome adversity
Step up in these six ways to help level the career field for minorities.
If there were a poster child for the importance of developing relationships—real relationships—throughout your career, Amy Sawaya Hunter would be it.
Feeling charitable? A vast array of organizations are eager to accept your donations, but not every contribution has to come out of your wallet, pantry, or closet.
When our children were teenagers, whenever they would leave our home, my husband or I would usually say to them, “Remember who you are.”
Connections count in business, especially when you work in real estate.
Leadership has always been about honesty and integrity. No one follows a leader they can’t trust. Trust comes from being open, honest, straightforward, and treating people with dignity and respect. At no time has the organizational leader been more subjected to feelings of distrust than today.
For some people, a vacation is an escape from everything.
a new vacation concept caters to the wealthiest travelers, but are destination clubs economically sound?
In sports, there’s no better way to learn proper technique than from an accomplished athlete. Likewise, there’s no better way to train for resumé writing and job interviewing than with those who do the hiring.
Judith Martin, of Miss Manners newspaper fame, wrote in a recent column, "Question: At what age should children be taught how to eat properly? Answer: In their mid-to late-twenties. Question: What is the best venue for this instruction?
This is the third of a five-part personal financial planning series sponsored by the Peery Institute of Financial Services. The next installment, about getting out of debt, will appear in the Fall 2005 issue.
In finance there’s a well-known problem called the principal-agent conflict. The conflict arises when managers and owners of a firm have different incentives. When that happens, managers may make decisions that benefit themselves at the expense of owners.