The CEOS School:The CEOS School:On your mark.On your mark.

Are YOU Ready?Are YOU Ready?

Thomas Li-Ping Tang, Ph.D.Thomas Li-Ping Tang, Ph.D.

Theresa Li-Na Tang, M.S.Theresa Li-Na Tang, M.S.

Are You a CEO?Are You a CEO?

Yes?Yes?

No?No?

Don’t Know??Don’t Know??

Maybe???Maybe???

On a 5-point ScaleOn a 5-point Scale

1 2 3 4 51 2 3 4 5

No, I am not Yes, I am.No, I am not Yes, I am.

You Are Only Limited by You Are Only Limited by

Your own limitations and/orYour own limitations and/or

Your acceptance of Your acceptance of

Other’s Criticisms Other’s Criticisms

Other’s SuggestionsOther’s Suggestions

Other’s LabelsOther’s Labels

How to become a CEO?How to become a CEO?

It depends on your Self conceptIt depends on your Self concept

BeBe

DODO

HaveHave

You Are Only Limited by You Are Only Limited by

Have you seen a cartoon called Have you seen a cartoon called DumboDumbo??

Are you turning your talents into your Are you turning your talents into your limitations or liabilities?limitations or liabilities?

Do you recognize your talents? Do you recognize your talents?

Cool Springs Mall, Franklin, TNCool Springs Mall, Franklin, TN

Moores LaneMoores Lane

Dan MooreDan Moore

College Fair in High SchoolCollege Fair in High School

A Recruiter stopped himA Recruiter stopped him

You have 2 doubts in your mind.You have 2 doubts in your mind.

2 doubts?2 doubts?

I am not qualifiedI am not qualified

I do not have the moneyI do not have the money

Do you know which school did the Do you know which school did the recruiter represent?recruiter represent?

Harvard !!Harvard !!

Most people do not think about going Most people do not think about going to Harvardto Harvard

2 doubts?2 doubts?

Do you have the same 2 doubts Do you have the same 2 doubts becoming a CEO?becoming a CEO?

I am not qualifiedI am not qualified

I do not have the moneyI do not have the money

Imagination is the key.Imagination is the key.

Set your GoalSet your Goal

The sky is the limit, no limitThe sky is the limit, no limit

I am a winner ? !I am a winner ? !

Do you feel like a winner if you are a Do you feel like a winner if you are a winning Champion winning Champion in a competition in a competition with a million competitors? with a million competitors?

1 in a Million1 in a Million

A Gold medalist of an Olympic game.A Gold medalist of an Olympic game.

Why don’t you feel like a winner?Why don’t you feel like a winner?

Because it was not on TV.Because it was not on TV.

No one was watching it.No one was watching it.

Don’t let others define what you can Don’t let others define what you can do.do.

Becoming a WinnerBecoming a Winner

Losers let things happen, winners Losers let things happen, winners make things happen.make things happen.

When a Baby was born When a Baby was born

Did GOD label this baby as a CEO Did GOD label this baby as a CEO and the other not a CEO?and the other not a CEO?

No.No.

God: Yes, you are. God: Yes, you are.

But I did not know that. Why?But I did not know that. Why?

CConconcEEptiptiOOn, n, CEOCEO at the time of at the time of conception.conception.

A Love Story! A Love Story!

Beyond the Power of ConceptionBeyond the Power of ConceptionInspiration on October 30, 2004Inspiration on October 30, 2004

S.M.A.R.T.S.M.A.R.T. Goals: Goals:

1. 1. SSpecificpecific (to insure clarity) (to insure clarity)

2. 2. MMeasurableeasurable (to be objective) (to be objective)

3. 3. AAmbitiousmbitious (to provide stretch) (to provide stretch)

4. 4. RRealisticealistic (to achieve (to achieve commitment)commitment)

5. 5. TTime-boundime-bound (to attach (to attach urgency)urgency)

ExampleExample

Yale Undergraduates in 1952Yale Undergraduates in 1952

How many Yale graduates have written How many Yale graduates have written goals?goals?

Only 3% Only 3%

20 years later, in 197220 years later, in 1972

These 3% of Yale graduates had These 3% of Yale graduates had assets/wealth more than the other assets/wealth more than the other 97% combined 97% combined

Balancing Your GoalsBalancing Your GoalsBalancing Your GoalsBalancing Your Goals

Career GoalsCareer Goals

Family GoalsFamily Goals

Personal Improvement GoalsPersonal Improvement Goals

Long-Term Goals and Short-Term Long-Term Goals and Short-Term GoalsGoals

ExampleExample

Theory of Goal SettingTheory of Goal Setting

The harder the (accepted) goal, The harder the (accepted) goal, the higher the performance.the higher the performance.

ExampleExample

Consultant offered one advice for Consultant offered one advice for improving Carnegie’s performance:improving Carnegie’s performance:

Write Down Your 5 Goals and Write Down Your 5 Goals and Prioritize Your GoalsPrioritize Your Goals

Reach Your Goals One by OneReach Your Goals One by One

A $250,000 advice, Worth $20 A $250,000 advice, Worth $20 million Todaymillion Today

The Common Denominator of The Common Denominator of SuccessSuccess

Albert E. N. GrayAlbert E. N. Gray

An Official of the Prudential An Official of the Prudential Insurance Company of AmericaInsurance Company of America

30 years of continuous experience 30 years of continuous experience

As an agent in the filedAs an agent in the filed

A promoter and instructor in sales A promoter and instructor in sales developmentdevelopment

Reprinted June, 1992Reprinted June, 1992

The Common Denominator of The Common Denominator of SuccessSuccess

Address DeliveredAddress Delivered

At the 1940 National Association of At the 1940 National Association of Life Underwriters Annual Convention Life Underwriters Annual Convention in Philadelphiain Philadelphia

The Common Denominator of The Common Denominator of SuccessSuccess

The secret of success of every man The secret of success of every man who has ever been successful—lies in who has ever been successful—lies in the fact that the fact that

he formed the habit of doing he formed the habit of doing things that failures don’t like to things that failures don’t like to do. do.

Where is the Money?Where is the Money?Generation Y, Generation Y, born > 1976, age < 27 years oldborn > 1976, age < 27 years old

4%4% $7,000$7,000Generation X, Generation X, born 1965-1976, age: 28-39born 1965-1976, age: 28-39

24%24% $25,000$25,000Baby Boomer, Baby Boomer, born 1943-1964, age: 40-58born 1943-1964, age: 40-58

49%49% $62,000$62,000Silent Generation, Silent Generation, born 1925-1942, age: 59+born 1925-1942, age: 59+

23%23% $87,000$87,000

The Feiner Points of LeadershipThe Feiner Points of Leadership

Michael FeinerMichael Feiner

Former Chief People Officer at Pepsi-Former Chief People Officer at Pepsi-Cola Cola

Management Professor at Columbia Management Professor at Columbia Graduate School of BusinessGraduate School of Business

The Feiner Points of LeadershipThe Feiner Points of Leadership

Harnessing the Talents of OthersHarnessing the Talents of Others

Leadership can never be something Leadership can never be something practiced by an individual in practiced by an individual in isolation.isolation.

Home Prices continue to RiseHome Prices continue to Rise

1998-20031998-2003

7.2% annualized growth7.2% annualized growth

June 2004 – June 2005June 2004 – June 2005

6.4% one-year forecast, 6.4% one-year forecast,

Source: Fiserv CSWSource: Fiserv CSW

Special Report, Real Estate. Money Special Report, Real Estate. Money (2004, June), 33 (6).(2004, June), 33 (6).

Mortgage RatesMortgage Rates

May, 2000May, 2000

8.7%8.7%

June, 2004June, 2004

5.9%5.9%

The Same Payment Buys a Bigger The Same Payment Buys a Bigger loanloan

Monthly Payment: $1,500Monthly Payment: $1,500

At 8.7%: $191,500At 8.7%: $191,500

At 5.9%: $253,000At 5.9%: $253,000

Median Price of Median Price of a single-family homea single-family home

2000: $139,4002000: $139,400

2003: $171,6002003: $171,600

Average Size of new homesAverage Size of new homes

1987: 1,905 square feet1987: 1,905 square feet

2002: 2,320 square feet2002: 2,320 square feet

Homeowners are Homeowners are tapping their equitytapping their equity

Total cash raised through refis and Total cash raised through refis and home-equity loans and lines in 2003home-equity loans and lines in 2003

$223 $223 BillionBillion

Total remodeling spending in 2003Total remodeling spending in 2003

$124 $124 BillionBillion

On Time and EffortOn Time and Effort

Wal-Mart was built based on Wal-Mart was built based on

Low, low pricesLow, low prices

Most people would like to save Most people would like to save money at Wal-Martmoney at Wal-Mart

Same Walton was the richest person Same Walton was the richest person

Wal-Mart is the largest retailerWal-Mart is the largest retailer

What will happen ifWhat will happen if

Wal-Mart opens its stores only 1 hr. a Wal-Mart opens its stores only 1 hr. a day?day?

Southwest will fly only 1 hr. a day for Southwest will fly only 1 hr. a day for each airplane?each airplane?

Students will study only 1 hr. for a Students will study only 1 hr. for a test?test?

Drug dealers will stand at the corner Drug dealers will stand at the corner of the street for only 1 hr. a day?of the street for only 1 hr. a day?

Apathy kills your soulApathy kills your soul

Mission is your soulMission is your soul

Passion is your heartPassion is your heart

Action is your bloodAction is your blood

Your Your Our Our

IndividualIndividual

Self-Esteem x Effort = SuccessSelf-Esteem x Effort = Success

Your Mind x Your BodyYour Mind x Your Body

If one is zero, the whole thing = 0.If one is zero, the whole thing = 0.

For SuccessFor Success

CEOSCEOS

ConfidenceConfidence

Effort Effort

OrganizationOrganization

Success through People Success through People