Capital Budgeting And Leadership At Metro Sign Corporation

Capital Budgeting & Leadership report
To complete this experience, I went to Metro Sign corporation to have an interview this its president---Jess Schweinberg. It’s easy to contact with him by email address([e-mail]) or phone [phone]). For the first one question, he said the one who can identify investment opportunities is him and his partner. He also mentioned about the opportunities investment for his company is going to be oriented to spend on business and the rent buildings. He also told me the history of this company building is a gift from an owner of Hobby Lobby. There are multiply partners last 20 years, he joined this business in 1995. After merging another sign company, there were 10-12 small stock owners of this corporation.

After this CFO had been fired, the corporation faced restructure and made up for money cap. This knocked down h.im because everything he owned had been signed over to the bank and it took 8 years for him to get back. The situation makes him work harder and he tries his best to fulfill his promise to his partners and their family. He agrees the relationship is important to leadership. He works 60 hours per week and he takes care to his employees’ performance at daily work. That is his way to establish the relationship within corporation. For Simon Sinek’s “why”, he explained that it is worthy to share. President Jess provides health insurance to his employees. Employees work in this corporation get good paid. President Jess also referred his dream that is passing this corporation to one of his employees or his family. He wants this corporation will be better after he retires. His “why” is all his employees and his dream of business. For the last question, he thinks “trust” is a core of any relationship. He does give trust to his employees such as give them company credit card and permission to use company’s vehicles. This is also the way he gains the trust. People do have a concept that giving trust to others is

The most change is my mind of American leadership. I used to think that boss only care is the money that they can gain and all employees of them are just the tool to make more profits. I got this mind from NBA league, the boss only cares a player who can take big profits and attention to his team. The management doesn’t care how many years a player contribute himself to this team. No award to a player’s loyal or diligence. When a player cannot make perfect data anymore, this player is like goods waiting for trade. I watch NBA for over 10 years, so it expressed me so much. That is, when you can’t show time is money and show your value to an origination, your game is over. However, when I finished this interview, I changed my mind that against before. President Jess really takes care to his employees and partners. He gives the trust to them who work with him. And he also pays his employees well and provides them health insurance plan. I think his leadership style is successful for his corporation. I don't know if this leadership can still make sense in big corporation like Chesapeake or other big corporations. In conclusion, I change my mind of definition of leadership: leading others to do right for business and keeping good relationship within business