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How Military Service Can Lead to Business Success

WHAT MAKES MILITARY VETERANS GOOD BUSINESS LEADERS? NOTABLE BUSINESS LEADERS WHO ARE VETERANS « JAMES MULVA U.S. NAVY ConocoPhillips Former CEO James Mulva earned his bachelor's degree and MBA from the McCombs School of Business at The (2002-2012) University of Texas at Austin. After graduating, he served as a U.S. Navy officer until the start of his career with Phillips Petroleum Company in 1973. DANIEL AKERSON GM U.S.NAVY Former CEO (2010-2014) Daniel Akerson earned his bachelor's degree in engineering from the United States Naval Academy and his master's degree in economics from the London School of Economics. He also served as an officer on a Naval destroyer from 1970-1975. LOWELL MCADAM verizon U.S. NAVY СЕО (2011-Present) Lowell McAdam is not just a CEO, but also a licensed professional engineer who served six years in the U.S. Navy's Civil Engineer Corps. He also earned a bachelor's degree in engineering from Cornell University and an MBA from The University of San Diego. ol ROBERT MCDONALD U.S.ARMY P&G Former CEO Robert McDonald attended the United States Military Academy at West Point and earned a bachelor's degree in engineering in 1975. After graduation, he served in the U.S. Army for five years and received (2009-2013) the Meritorious Service Medal. He also earned an MBA from the University of Utah in 1978. ALEX GORSKY U.S.ARMY Johnsen «Johnsen СЕО Alex Gorsky spent six years in the U.S. Army after graduating in 1982 from the United States Military Academy at West Point where he earned the Ranger tab and Airborne wings. In 1996, he earned an MBA from the Wharton School of the (2012-Present) University of Pennsylvania. ROBERT STEVENS U.S. MARINES LOCKHEED MARTIN Robert Stevens, a former U.S. Marine, attended Former CEO (2004-2012) Slippery Rock University, where he received a Distinguished Alumni Award. He later earned master's degrees in engineering and management from the Polytechnic University of New York, and an MBA from Columbia Business School in 1987. FREDERICK SMITH U.S. MARINES FedEx СЕО Frederick Smith earned a bachelor's degree in (1971-Present) economics from Yale College in 1966. In school, he wrote a paper outlining overnight delivery in the computer information age, which became the inspiration for FedEx. After graduation, he was commissioned in the U.S. Marine Corp, serving from 1966 to 1969, as a platoon leader and a forward air controller. JAMES SKINNER U.S. NAVY Former CEO James Skinner started his career with McDonald's in (2004-2012) 1971, as a restaurant manager trainee working his way through numerous positions within the corporation, including: Director of Field Operations, Market Manager and Regional Vice President, and finally. CEO in 2004. Prior to McDonald's, he served nearly ten years in the U.S. Navy. JOSUE ROBLES U.S.ARMY USAA Josue Robles served twenty-eight years in the U.S. Army. While serving, he earned a bachelor's degree in accounting from Kent State University and a master's of science degree in business administration from Indiana State University. He went on to serve as EVP, CFO and Treasurer of USAA, before becoming president and CEO in 2007. СЕО (2007-Present) ROBERT J. MEYERS U.S.ARMY CASEY'S GENERAL STORE Robert J. Meyers served twenty-two years in the U.S. Army. He retired as lieutenant colonel in 1988 and joined Casey's General Stores, staying with the company for more than 26 years and becoming CEO in 2006. In 2015 it was announced that Meyers will retire on April 30, 2016. СЕО (2006-Present) THE LEADERSHIP QUALITIES » OF VETERANS « DISCIPLINE AND FOCUS Discipline is an important quality developed by most men and women who serve in the military. Veterans often cite their "mission focus," as a way to describe their work ethic, accountability and readiness to make improvements. IXH TEAM ORIENTATION Many jobs in the military require people to trust each other with their lives. This instills in veterans the ability to be great leaders, and the ability to adapt on the and play different roles while working in groups. RESILIENCE The physical and mental challenges of military service leave veterans well-suited to face the challenges of the business world and to remain cool under pressure. MOTIVATION AND PRIDE Veterans often have a great sense of pride in their country, themselves and other veterans. This carries over into post-military careers, where veterans take great pride in their work and show motivation to maintain high standards of execution. STRATEGIC THINKING Veterans have been trained to think one step ahead at all times, and to recognize consequences both short-term and long. This makes veterans excellent strategic thinkers in the workplace. EDUCATION A survey of veterans on LinkedIn found that 56% went to school following their service, either to begin or continue their higher education. WHAT INDUSTRIES HIRE > VETERANS? < INDUSTRIES THAT TYPICALLY HIRE VETERANS Information Technology 32% and Services Defense and Space 26% Government 16% Administration Healthcare 16% Veterans are 45% more likely to start Aviation and their own business. 10% Aerospace TOP 10 COMPANIES THAT HIRE VETERANS Total # of # of veteran employees employees verizon 167.3k 12.8k, USAA 26.9k 4.8k LOCKHE ED MARTIN 112k 22.5k BAE SYSTEMS 33.7k 4.2k charles SCHWAB 13.9k 548 INTUITIVE 297 103 Research and Technology at&t 245k 10k Capital One 46k 1.8k Humana. Humana is dedicated to hiring veterans, even going as far as sending a camera to veteran applicants who are overseas. This allows them to complete the hiring process without ever meeting in person. 56k N/A JPMORGAN CHASE & CO. In 2011, JPMorgan Chase co-founded the Veteran Jobs Mission with over 200 other companies in an effort to hire more veterans. Their goal is to hire one million veterans by 2020. 241.3k 10k+ Military Times magazine determined the best hiring companies by measuring the likelihood of hiring veterans, having a budget for hiring veterans, giving attention to veteran issues, and the availability of veteran specific and non-specific benefits. Sources: Eastern Nazarene College en en en en en en _Skinner en en wikipedia. org/wiki/Robert_A McDonald DISCOVER YOUR PURPOSE

How Military Service Can Lead to Business Success

shared by matthewzajechowski on Apr 08
Military service often gives veterans the confidence to become entrepreneurs. In fact, veterans are 45 percent more likely to start their own businesses compared to those who haven’t served. Vetera...


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