John Allison, Consistent Philosophy of Life, Effective Manager of Business, and Important Contributor to Society.
John Allison, Consistent Philosophy of Life, Effective Manager of Business, and Important Contributor to Society.
Joshua C. Neff
BETHEL COLLEGE
MBAD 503 – Management in Action
Abstract
This paper focuses John Allison’s management style, what he finds to be the essential characteristics of a leader, and how he employs ethics and principles in this everyday life, in business, and as an educational leader. He is the former CEO of BB&T and current leader of the CATO Institute. There is little distinction between Allison’s “leadership style” and his philosophy. His philosophy can be directly applied to any situation, challenge, or circumstance. Allison is purpose driven and mission oriented, and he applies a set of ten principles to achieve his mission. This paper will also look at how Allison defines a vision, mission, values and principles. Each of the ten principles are examined, and finally, the paper will look at some of the detractors of Allison’s philosophy.
John Allison, Consistent Philosophy of Life, Effective Manager of Business, and Important Contributor to Society.
John Allison lives by a clear philosophy that permeates every aspect of his life. He built a multi-billion dollar bank (BB&T) on it, and managed to stay away from toxic investments that led to the downfall of many banks because of it. He is now taking this highly moral, completely integrated, and fully comprehensive philosophy to the rest of society by donating time and money to universities by explaining the morality of capitalism and rational thought. Most recently, he was appointed to lead the Cato Institute, a Libertarian think-tank.
An effective manager instills purpose in themselves and their employees and lives by a set of values or principles that manifests purpose into reality. The purpose needs to be clear and the principles must be interconnected and consistent. Failure on one principle is failure on all principles; and thus, the vision, mission, and goals
Joshua C. Neff
BETHEL COLLEGE
MBAD 503 – Management in Action
Abstract
This paper focuses John Allison’s management style, what he finds to be the essential characteristics of a leader, and how he employs ethics and principles in this everyday life, in business, and as an educational leader. He is the former CEO of BB&T and current leader of the CATO Institute. There is little distinction between Allison’s “leadership style” and his philosophy. His philosophy can be directly applied to any situation, challenge, or circumstance. Allison is purpose driven and mission oriented, and he applies a set of ten principles to achieve his mission. This paper will also look at how Allison defines a vision, mission, values and principles. Each of the ten principles are examined, and finally, the paper will look at some of the detractors of Allison’s philosophy.
John Allison, Consistent Philosophy of Life, Effective Manager of Business, and Important Contributor to Society.
John Allison lives by a clear philosophy that permeates every aspect of his life. He built a multi-billion dollar bank (BB&T) on it, and managed to stay away from toxic investments that led to the downfall of many banks because of it. He is now taking this highly moral, completely integrated, and fully comprehensive philosophy to the rest of society by donating time and money to universities by explaining the morality of capitalism and rational thought. Most recently, he was appointed to lead the Cato Institute, a Libertarian think-tank.
An effective manager instills purpose in themselves and their employees and lives by a set of values or principles that manifests purpose into reality. The purpose needs to be clear and the principles must be interconnected and consistent. Failure on one principle is failure on all principles; and thus, the vision, mission, and goals
References: Allison, John (7/21/11), “Principled Leadership” Lecture at Wake Forest University Schools of Business. http://vimeo.com/27183721 BB&T (1998), “The BB&T Philosophy” Mission and Values guidebook. BB&T (2012), Our Account, History of BB&T 10th edition 2012. The Holy Bible. NIV forwards Charles F. Stanley and Andy Stanley Side by side bible NIV & KJV. 2011 Biblica, Inc. Wigoder, Geoffrey; Paul, Shalom M.; Viviano, O.P., Benedict T. & Stern, Ephraim (1986) Illustrated Dictionary & Concordance of the Bible. G.G. The Jerusalem Publisying House ltd. Zigarelli, Michael (2003), “The Priorities and Practices of Christian Leaders,” Regent Business Review, http://www.cbn.com/finance/rbrchristianleaders.aspx