What the Armed Forces can teach Wall Street
Veteran offers lessons for corporate America
- Duration 3:40
- Date May 1, 2012
Veteran offers lessons for corporate America
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The business of fighting on the front lines and flying jet fighters.
To corporate working in corporate America is extremely different but have you ever thought that the men and women on Wall Street could learn thing -- two.
From our armed forces that's a lesson from our next guest lieutenant commander Jeffrey -- is a 24 year veteran of our US military and is the author of brand new book out today.
It's called top gun.
On Wall Street he joins us live today warranty -- I'm doing fine thank you very much what it it's a great idea because what -- putting in the book -- -- fact that the things you learn in the military which a lot of people don't understand.
Because you know here's a -- -- about what would you learn and and the leadership and whatnot can really be applied to business and a question that where I come from you know leaders.
Actually are the last to take credit and -- the first ones to step up and take responsibility goes listen piece earlier from.
Senator McCain you really you know it and it's not just Wall Street you're also talking about corporate America.
There's not a lot of leadership in many cases is there there's not a lot of leadership and people that wanna be true leaders they have to lead from the front they have to lead by example we have to set -- example -- singles that.
And so you -- the military is a perfect business model for a lot of corporation it is America's really a nation that's starting to lose little bit of its preeminence -- the united states military has lost its preeminence in corporate America.
Politicians everybody can really learn from this book OK well let's settle its insular right now -- -- -- -- the tips you can not come in sideways what does that mean.
Well united states military you can't just come inside we're educating go from being in general one service to be an admiral another -- many times in corporate America we have people -- -- these large payouts for destroying companies.
And they're still employed there's something inherently wrong with that and unfair CI -- you can always come in sideways it's affected if it.
You've landed jet fighters for a long time and you cannot come inside you cannot get that sideways on that it's definitely straight -- operation now something that always keeps you up on that on your -- -- -- -- -- stop right right at the Naval Academy when you were freshman you were accountable every single minute of your life -- you run through the hallways in the quarters and at any given moment people hear you coming -- upper classmen to stop and say -- -- please stop.
-- the information you -- to that was analysts because they can ask the plead the upperclassmen.
Anything that -- got to have an answer that's right you have to have an answer is no obvious didn't have to answer no hum and hum I'm not.
-- concept is one.
Yeah on the concept to something that the Naval Academy entire -- built we don't deal half truths and we don't deal lives and we really.
Believe that you have to be a person of integrity and that's the only way that you can put your life into another person's hands plus you talk about the importance of teamwork -- say.
We don't send any one.
Anywhere we all go to -- that we all got together and nobody's actually put out there to take the blame there are no fall guys and it's often said that there's no I in team like -- -- there's no I -- Mean what you learned with the military chain of command can be applied to corporate America in what way.
It actually could be applied -- to type of accountability and personal responsibility and just the idea that learning from your lessons.
And standing up and taking your grade that's really a core part of our mission tonight states military what do you think the number one mistake a lot of business managers are.
You know CEOs and whatnot make.
They really don't always stand up and take responsibility for the first thing goes wrong trying to sit back I think -- -- job if they do that's a tough flight and you could.
-- -- losing your job united states military but if you lose your different job united states military is probably because you deserve to -- that there's a nations protection on the line.
The book is called top -- on Wall Street it it is terrific lieutenant commander differently we thank you very much for that joining -- and we thank you very much for your service I thank you very much.