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The late N. Eldon Tanner said, "Service is the rent we pay for living in this world of ours."
Industrious alaskans have developed unique stress management techniques. Many employers in the northern region give employees “subsistence leave” as a negotiated benefit. How do the thrifty natives use their subsistence leave? They prepare for the cold months ahead by drying and packaging hundreds of fish and enjoy family time together handpicking quarts of blueberries.
An employee who underperforms usually belongs to either the “can do/won’t do” or the “will do/can’t do” category. Those who can but won’t have motivation problems and those who will but can’t have performance problems associated with lack of skills.
Layoffs add stress. You may decide to find a new, more stable job. If not, these tips may help:
As a community college business instructor, I must stay current on the latest business developments and technologies. I have incorporated three things into my continuing education regimen that I have found helpful.
I own two small companies. It’s hard to pay myself benefits, let alone all my employees. The first thing to look at is making sure they are paid a competitive wage, then add vacation/holidays and keep within reason. Next, they might need health insurance, but if the spouse is working elsewhere and is covered, we can sometimes eliminate it. Finally, you might look at adding tax deferred savings plans and insurance. Since both my companies are retail, we offer very steep discounts to employees. It has been my experience that most people working for small companies do not expect superb benefits. Also, in order to keep costs down, you must do a lot of shopping.
There are no easy fixes to maintaining a workable balance between family and career; it is always a struggle. I have found that this sort of balance can only be achieved through clear focus and relentless personal discipline.
Reed N. Dame, president and CEO of Woodgrain Millwork, Inc. and this year's Marriott School of Management Honored Alumnus, will address faculty, students and alumni during Brigham Young University's Homecoming activities this week. Dame will speak on, "Business, A Power for Good," Thursday at 11 a.m. in 151 TNRB.
Brigham Young University awarded Marriott School Professor of Organizational Leadership and Strategy William H. Baker an Alcuin Fellowship at the 2004 Annual University Conference on Aug. 24. The fellowship recognizes teacher-scholars whose university work has made significant contributions to the general education and honors curriculum. Fellowship appointments are for three years and include a stipend for curriculum development, teaching and research.
Research Advises Businesses When to Ally and When to Acquire
The Marriott School of Management at Brigham Young University announced its 2004 Staff and Administrator Excellence Award winners at a luncheon 11 May.
Marriott School Dean Ned C. Hill named Gary Cornia as the new director of the George W. Romney Institute of Public Management. Cornia, the Stewart Grow Professor of Public Management and former Marriott School associate dean, will replace Robert Parsons, who served four-and-a-half years in that position.
Every year, a unique group of city and county managers from throughout the U.S. and Canada meet to discuss local government issues and revive their spirituality.
A Marriott School graduate team recently placed first and an undergraduate team placed second at the national 2004 Deloitte Tax Case Study Competition. The graduate team edged out other top accounting schools including the University of North Carolina at Charlotte and Utah State University. For the eighth time in the thirteen-year history of the competition, both Marriott School teams placed among the top three in the graduate and undergraduate division — an unparalleled accomplishment.
Three BYU students took top honors at the Future Business Leaders—Phi Beta Lambda National Awards competition held July 9–12 in Denver. The competition drew more than 7,000 students who competed in 40 categories.
Three teams with Brigham Young University students finished first, second and third at the University of Utah Entrepreneurial Challenge. Tropi-Cool, SilentWhistle.com and The Mayan Tree beat out seven other finalists to claim prizes at the April competition. Tropi-Cool, a company specializing in Mexican ice cream treats, won $40,000 for their first-place finish.
Superoots USA captured first place at Brigham Young University’s nationally recognized business plan competition April 2. Brant Walker, owner and president of Superoots USA, beat out two other finalists to claim this year’s title with his plan to manufacture and distribute Air-Pot plant containers. The team won $25,000 in cash and $25,000 in in-kind support services for their business. In addition to winning the business plan competition, Walker was named BYU Student Entrepreneur of the Year in 2003.
The Marriott School at Brigham Young University announces ten MBA candidates as its 2004 Hawes Scholars. The honor, which carries a cash award of $10,000, is the highest distinction given to MBA students at the school.
A Marriott School undergraduate team recently placed first and a graduate team placed second at the national Deloitte Tax Case Study Competition—beating out other top accounting schools including University of Texas at Austin, University of Illinois and University of Georgia. For the seventh time in the twelve-year history of the competition, both Marriott School teams placed among the top three in the graduate and undergraduate division—an unparalleled accomplishment.
MBA Students Win Thunderbird Innovation Challenge
Team featured on magazine's cover
In an economy characterized by receding retirement funds and a volatile stock market, a group of BYU MBA students beat the odds – and 18 other universities - to earn a 32 percent return on their portfolio. Sponsors of the competition, brokerage firm D.A. Davidson & Co., awarded the Marriott School's Peery Institute with a $7,000 check for successfully managing the company's $50,000 investment portfolio throughout last year.
A class of Marriott School students has established the university’s first-ever endowed scholarship funded by a single class. With the help of matching contributions from the BYU Annual Fund campaign, the students contributed enough to form a scholarship endowment of $30,000.
Students from the Marriott School of Management at Brigham Young University helped successfully launch the Pete Suazo Business Center, Salt Lake City’s newest business support facility for Utah’s Hispanic and underserved communities.