What’s the Business of Business?
Leadership Lessons from the IBM Executive SchoolWhat makes a great leader? Is success a function of skills or something much bigger? Why is most leadership training a waste of money? How do we stop managing and start getting results? What is the teleocratic business model?
In 1979 August Turak moved in with Louis R. Mobley and his family to learn first-hand from this legendary founder and first director of the IBM Executive School. In this deeply personal and highly inspirational talk, Turak reveals the leadership secrets, now largely lost, that Mobley invented to transform IBM Corp. into the most successful company in the world for the next two decades. Using case studies drawn from his own highly successful career as an executive and entrepreneur, Turak shows participants how to apply these secrets for immediate bottom-line results.
What is the Warren Buffet Discount?
Making Money the Old Fashioned Way: EthicallyA litany of corporate scandals has convinced many Americans that there is something inherently unethical about capitalism and business. Even many business executives remain convinced that bottom line results implies a painful trade-off between maximizing profit and the highest ethical standards.
August Turak’s company was never involved in a law suit and collected virtually all its receivables without ever running a credit check. In this highly entertaining talk, Turak not only dispels the myth that ethics are incompatible with profit, but demonstrates that the trust that flows from ethical behavior is the most efficient, low cost, and potentially infinite money-making grease that any business can have. Along the way Turak explains why current ethical training for employees is ineffective, and introduces a methodology that works.
The New New Economy:
Transcending Capitalism or Why Adam Smith was Only Half RightWe are now more than two years into a worldwide economic crisis. But however distressing rising unemployment and plunging home prices are, what is worse is the sinking sense that we have run out of ideas. After spending much of the 20th century on disappointing even disastrous experiments with Nationalism, Fascism, Communism, and Socialism, the so-called Reagan Revolution was touted as the “final victory” of Capitalism. Yet barely 20 years later we are angrily attacking Capitalism and anxiously wondering “now what?”
In this talk, August Turak uses business examples as disparate as Trappist monasteries and Warren Buffet to present an ancient yet emergent economic model that transcends capitalism. Using examples and case studies, Turak presents a business model that addresses the contradictions of capitalism while preserving its productivity.
Business Secrets of the Trappist Monks:
Why Silent Monks are Talking and CEOs are ListeningHow do 20 aged monks working part time and in silence manage to run a portfolio of highly successful businesses?
Based on one the most critically acclaimed articles ever released on Forbes.com, Turak walks his audience through the 10 amazing secrets to why Trappist monks are such incredibly successful businessmen. In a gripping and moving way, Turak introduces us to the monks of Mepkin Abbey and shows us how to share in their incredible business success.
The Transformational Organization:
Passionate Profits through Passionate PeopleWhat do Trappist monasteries, The Marine Corp, Alcoholics Anonymous and the world’s greatest companies all have in common? Passionate and utterly committed people.
A business mantra is that talent is in short supply. Talent is not in short supply. Passion is. In this provocative talk, August Turak reveals the five ways in which companies kill passion in their people. Turak then unlocks the secrets to building and sustaining passion by offering people the opportunity to be transformed. The task of leadership is to build extraordinary organizations with ordinary people and Turak sends his audience home with all the tools necessary to do just that.
Aiming Past the Target:
The Critical Secret to SuccessIn archery we are taught to aim past the target. In golf for the back of the cup. In basketball the back of the rim. Yet all too often in business we aim for profit. Profit is not the goal of a business. Profit is merely the by-product of something much bigger and more important.
Using examples and case studies from his own career as a corporate executive and successful entrepreneur, August Turak takes his audience on a whirl wind tour of the critical mistakes that companies and individuals make when they fail to aim past the target, and offers a step by step approach to avoiding this critical pitfall on the road to success.