By Ken Marlin
Many americans view Wall road as a bastion of greed and corruption; a spot that draws those that do not deserve the money they make yet are prepared to wreck the legislation to get extra of it. but for all their distrust, a lot of those similar americans think that Wall road is vital for our economic climate to operate. How will we repair it? ship within the Marines.
Known for its exemplary self-discipline, the Marine Corps guarantees victory via obeying key instructions, corresponding to: determine transparent, tactical pursuits; comprehend the terrain prior to heading into conflict; establish and capitalize on strive against merits; regulate timing; leverage complementary abilities in the unit; negotiate from a morally defensible place; harness power of management to craft a bulletproof plan. Ken Marlin served ten years' energetic accountability as a Marine officer sooner than taking over the monetary region. he is obvious this application of delight, professionalism, and constancy paintings - from the battlefield to the boardroom.
Marlin is not any socialist: he is a capitalist and risk-taker who enjoys earning profits for himself and his consumers. In The Marine Corps approach to Win on Wall Street, he teaches you the Marine Corps option to win on Wall highway and on major road: to sacrifice non permanent profits for the long term pursuits of your consumers and your organization. Deploying Marine-tested strategies, he engineers lasting, honorable luck whereas decreasing the moral expense of doing enterprise. that is the Marine Corps way.
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Additional resources for The Marine Corps Way to Win on Wall Street: 11 Key Principles from Battlefield to Boardroom
Example text
The principal reason that this book focuses most on Wall Street is because that is where I have been for the past twenty years. But I have led real Main Street companies, and every day I work with CEOs. Finally, I am writing this book because I believe it is important to our economy as a whole that we find a way to better align the priorities and sensibilities of Wall Street with those of Main Street. If we can do that, we can start working together again toward common objectives that make sense.
I see too many bankers who are good at financial analysis and managing process but know too little about the industry that they serve. Marines are required to be “technically and tactically proficient”—experts on multiple dimensions. To begin, every Marine is a rifleman, and every Marine officer is, at the core, a rifle platoon commander. Lawyers and clerks, tankers and truck drivers, supply clerks and jet pilots—all must be available to fight on the ground, in the trenches, at any time. But that base-level training doesn’t make any of these Marines experts at infantry combat; it just means that they have a common starting point—a base on top of which they may start to build true expertise in some field.
Few Marines were sent from the enlisted ranks to OCS; fewer still who had not completed a college degree. I was thrilled. I said yes, submitted the application, and then … heard nothing. While at combat radio operator school, one day I was suddenly called out of class: I had been selected for OCS! Within days, I packed up and moved to Quantico, Virginia, where I went through yet another form of boot camp. But this time, I knew what to expect. Twelve weeks later I was commissioned as one of those second lieutenant infantry officers, graduating as platoon Honor Man.