I began my career before an MBA became essentially the most important qualification for any position above the department manager level. Most companies promoted from within their own ranks for plant managers and division officers. The feeling at the time was that if a man didn't have an intimate knowledge of the product, production process, and customer base, he couldn't do an acceptable job of managing day to day operations of the business. Workers also trusted people they'd worked with for a long time, so labor relations were a lot easier too.
Corporate level positions were usually filled from the ranks of division level officers, but were sometimes filled by men from other companies with similar products and financial situations. The determining measurement for these positions was year over year improvement in profits and not by how much education the candidate had.
There were colleges that offered MBA programs, but a twenty-two year old with a degree in finance or engineering and an MBA wasn't worth the money he expected to earn. It took too long to train them away from the utopian situations of the classroom and into the realities of manufacturing. Companies wanted leaders who had enough experience to hit the ground running.
There were certain skills that it was necessary for upper echelon leadership to understand though. Education in these skills was gained by attending seminars produced by the corporation as well as by private consultants. These seminars were expensive, so corporations usually did not send anyone to them unless the employee was a "Fast Track" employee. Fast Track was the term my company used and meant that employee had been recognized as having abilities beyond most other employees and was being groomed for higher responsibilities.
It was during my tenth performance review that I learned I was a Fast Track employee. To be honest, I'd never given it a second thought. I knew I was progressing a little faster than some -- I'd been given an engineering supervisor's job after six years as an engineer, and an engineering manager's job after eight -- but I figured that was about where I'd stay for the next fifteen years or so. The men in the positions above me were all fairly young, so it was going to be a while before I could even entertain the idea of moving up.
Part of the performance review process was the discussion with my boss, Arnie Jones, the Division Director of Engineering, of what I needed to do to improve my performance. That year, his assessment was I needed to improve my understanding of the financial aspects of business and I had to agree. I could calculate stresses in structural members in my sleep, but I had almost no idea about how the financial end of things worked.
He went on to say he'd signed me up for a week-long financial seminar in Orlando, Florida in January, and said his secretary would make all the arrangements and then tell me when I was leaving. All I had to do was attend and learn as much as I could.
That seminar was appealing for several reasons. I was well aware of my lack of financial skills beyond balancing my checkbook. Any further advancement would mean managing money as much or more than managing people. It would also be nice to spend a week in Florida in the middle of January instead of staying in the January freeze in Springfield, Illinois.
I went to that seminar and learned enough I could talk to our accountants without feeling like a kid talking to his sixth grade teacher. I was able to understand how they made decisions about projects based on things like discounted cash flow and return on investment, and my project justifications got a lot better.
My performance review the next year was pretty good. I got a very high performance rating and enrollment in another seminar, this time a seminar about tax laws relative to business. That seminar was in February in Los Angles, California. I spent the week learning how to avoid paying taxes and learning that the pictures I'd seen of half naked women on the beaches were all true. Of course, the bikini's of the time weren't as skimpy as what women wear today, but they were still showing a lot of tanned skin.
I turned thirty-four the year of my next performance review. It was also a good review and I was told I'd been registered for another seminar. This one was also a week long and would be in Chicago in April. The subject matter was to be leadership skills and I was told it was very important to the CEO of the company that all senior management candidates go through that seminar. That made me think I was headed for at least a division job in the near future. I wasn't very enthusiastic about Chicago in April, but if it was what I needed for the next step in my career, I could stand that.
The class was held in a meeting room in the consultant's suite of offices in the Borg Warner Building on Michigan Avenue, right in the middle of downtown Chicago. I took a hotel bus from O'Hare to the Intercontinental Hotel that Sunday afternoon, and had dinner in one of the two restaurants in the hotel.
The instructions I'd received in the seminar information sheet said all meals after Sunday night would be furnished by the seminar. The next morning I skipped breakfast in the hotel and walked from the hotel to the Borg Warner Building and took the elevator to the seventh floor where Future Leaders Consulting had their offices. From there, I followed the signs to a conference room.
At eight there were six of us seated at the mahogany conference table, and at five after eight, a woman wheeled in a cart with plates covered by silver covers, coffee cups and saucers, and silverware. On the top of the cart were two silver coffee urns, one labeled "Decaff", and another silver urn with a label that said "Hot Water". There was a large creamer with real cream and a large sugar bowl filled with sugar, a plastic container of non-dairy creamer and a small segmented tray with several brands of sugarless sweetener and four different brands of teabags.
The woman pushed her cart behind us, placed silverware in linen napkins to one side of each of us, then sat a plate on the table and removed the cover, and asked if we wanted coffee or tea.
That breakfast wasn't much, and at least to some it was more of a joke. It was melon balls and strawberries with a china cup of yogurt. I've never been a big fan of breakfast, so it suited me fine. Some of the others picked at the melon balls and berries before pushing their plates away. I heard one say that a McDonald's breakfast platter would have been better and probably cheaper.
My instructions said there was no dress code, but when I saw the location of the seminar, I opted for slacks, a white shirt and tie, and a sports jacket. That's what I usually wore to work, and I figured I'd fit in since we were all supposed to be potential senior executives. As I looked around the table though, I saw men who apparently didn't think like I did. There were two in suits and ties, but the other three were wearing casual slacks and polo shirts.
At eight thirty, the woman came back to the room and collected our plates, but left the coffee and hot water urns on a table at the side of the room along with the selection of creamers, sweeteners, and tea bags. Five minutes after she left, seven people filed into the room -- one man in jeans and a T-shirt and six young, very good looking women in either skirts and blouses or tight fitting pants and tops. The man walked to the head of the table and waited until everybody stopped talking. Then he began his introduction to the seminar.
"Hello. I'm Todd Marx. I want to welcome you to the Upcoming Leader's Conference presented by Future Leaders Consulting. You have all been selected by your various corporations as potential future senior executives, and they enrolled you in this seminar to teach you the techniques required in the day to day operation of any corporation. What we will teach you will be with you for the rest of your careers and enable you to climb the corporate ladder. I'm sure at least one of you will make it to the position of Chief Executive Officer.
"We at Future Leaders Consulting pride ourselves on our one-on-one approach to learning. Our method is not just one of us lecturing you on techniques. Our method is teaching you those techniques and then giving you practical experience in implementing those techniques through the simulations we'll put to you to solve.
"Now, we know you all come from varied backgrounds, so we don't expect you to grasp every concept just from the instruction sessions."
He pointed to the six women standing to one side.