MGMT 363 Exam 3 Material

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24 Terms

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David Mebane

led walking tours in France. Founder of Fat Tire Tours, Spoons Yogurt, & Sweet Caroline's Snowballs. had a heart attack at 39.

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David Mebane Takeaways

What makes you unique? always look for opportunities.

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8 characteristics of leaders

1. honesty & integrity is the best policy

2. Leadership by walking around

3. persuade rather than coerce

4. Lead by being led

5. set goals & be results-oriented

6. be decisive

7. have the courage to handle unjust criticism

8. encourage innovation

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honesty & integrity is the best policy

leaders have a responsibility to demonstrate honesty with employees. ex: satisfaction with performance conversation

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Leadership by walking around

Leaders actively engage with employees, observe operations, build trust, and verify that important tasks are being completed. They ask questions like, "What important things are going on?"

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persuade rather than coerce

leaders should explain why a certain objective is in the employee's best interest. step into their shoes.

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Lead by being led

leaders should have the confidence to let themselves be led. pick a team where everyone thinks differently. diversity of thought -> better business decisions

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set goals & be results oriented

goals need to be measurable. leaders should meet with their employees periodically and ask questions like "what can I do to help you achieve these metrics?"

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be decisive

Leaders need to be able to react quickly and make informed decisions. they should also be able to explain their choices and have the humility to admit their wrongs.

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have the courage to handle unjust criticism

leaders cannot make everyone happy. they should not let unjust criticism affect them.

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encourage innovation

It inspires thinking beyond tradition and exploring new forms of expression. reward failure, punish mediocracy.

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leadership is like...

a muscle. some people have good genes, but it still needs to be trained. learning to lead is a journey that never ends; keep studying it.

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John Taylor

Director of Human Resources at Buc-ee's; discussed hiring the right people, employee relationships and loyalty, labor unions, and Beaver Believers.

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Matt Sheffield

Food Service Operations at Buc-ee's; discussed the grab-and-go system, reducing customer wait times, adding management roles, and addressing conflict.

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John Torga

General Manager at Buc-ee's San Marcus; discussed management accountability, taking ownership of problems, following upper management decisions, and the cost of leadership.

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Hiring the Right People

Hiring dependable, friendly employees who meet company expectations and have strong relationship-building and sales skills.

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Employee Loyalty

Taking a genuine interest in employees' lives makes them feel valued and builds loyalty.

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Employee Satisfaction

Unhappy employees who feel overworked, underpaid, or unrecognized may transfer their frustration to customer interactions.

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Labor Unions

Can make Buc-ee's expansion into certain states more difficult.

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Beaver Believers

cause bumper-to-bumper crowds at openings, such as in Arizona

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New Management Roles at bucees

Matt explained that they have added project managers, financial analysts, and category managers to their operations

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you cannot avoid conflict...

but need to address problems as they arise--again, creating accountability.

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Management Accountability

Managers must take ownership of problems and accept responsibility for addressing them.

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Cost of Leadership

Managers must make difficult decisions, hold employees accountable, and accept that others may disagree with them.