In this series, we’re talking about leadership lessons I learned from the many bank presidents I observed early in my banking career. My first example is Tom. Many bank presidents wanted a favorable audit, so they typically were somewhat courteous. But not Tom. He came across as aloof and too important to be bothered. Even Tom’s staff described their ...
In 2018, the Supreme Court ruled that states could install legal online gambling. Since that time, legal sports gambling has grown from one state to 38 states, and from $440 million to over $13 billion in revenue. With that much money involved, and the unsavory characters gambling attracts, the recent NBA gambling scandal shouldn’t be a big surprise. The driver ...
Working for an electric transmission utility required that my colleagues and I did not have a financial interest in another utility. Employees were required to be unbiased in our roles, down to our personal finances. When I discovered that my financial advisor had purchased shares in another utility, I instructed her to sell them immediately. Even though I wasn’t involved ...
Unfortunately, our nation’s history includes seasons when laborers have been abused and oppressed. In the 1880s that was the case as the railroad barons required laborers to work on average 60 hours a week. When one individual feels they’re being abused, it’s hard for that one person to individually overcome their employer’s demands. But when abused workers stand collectively, they ...
During 1894, the Pullman Palace Car Company slashed the wages of its employees while requiring them to work 16 hour days. Pullman also controlled the price of housing and necessities through their ownership of the local town. When George Pullman refused to listen to his employees concerns, the situation escalated into a national shutdown of the railroad system. Federal ...
My brother was once asked by his boss to obtain bids for a large database project. He received bids for $9 million, $7 million, and $950,000. The first two bids were from large companies, the final was from a small business. The small business owner told my brother, “My competitors could do it for this price, but they have huge ...
Over the years, I’ve met business owners who understand their life is supposed to glorify God, yet their employees are totally unaware of their bosses’ God given purpose. This is often due to fear on the boss’ part. Sometimes we fear being sued or fear scaring off potential employees. Frank Harrison is different. Frank is the CEO of Coca Cola ...
Scott Tucker was a race car driver who amassed tremendous wealth by charging borrowers incredibly high interest rates through his payday lending operation. Tucker is currently spending 16 years in prison for criminal racketeering. There are many victims of Tucker’s operation who would like to see restitution. The Federal Trade Commission levied $1.27 billion against Tucker to repay victims. But ...
Equipping Others to Do Work Differently
