Marriott Alumni Magazine

Winter 1989 Exchange

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EXCHANGE WINTER 1989 THE J. WILLARD AND ALICE S. MARRIOTT SCHOOL OF MANAGEMENT BRIGHAM YOUNG UNIVERSITY Publisher Paul H. Thompson Editor Roger K. Terry Copy Editor Byron Bronk Art Director Linda Sullivan Published by the J. Willard and Alice S. Marriott School of Management, Brigham Young University, Provo, Utah. Copyright 1989 by Brigham Young University. All rights reserved. All communications should be sent to EXCHANGE, 687 Tanner Building, Brigham Young University, Provo, Utah 84602. Telephone (801) 378-5629. The views expressed in EXCHANGE are those of the various authors and not necessarily the Marriott School of Management. Cover photograph by John Snyder 2 A NEW ERA FOR THE SCHOOL OF MANAGEMENT Paul H. Thompson Both the Marriott name and the financial support from the Marriott Foundation will be invaluable in the school’s efforts to graduate ethical individuals, successful entrepreneurs, and leaders who are well prepared for an expanding global economy. 6 MARRIOTT SCHOOL ANNOUNCEMENT CEREMONY Remarks from President Jeffrey R. Holland, Richard E. Marriott, and President Gordon B. Hinckley. 11 CENTENNIAL CAMPAIGN Fund-raising campaign to conclude with the School of Management’s centennial celebration. 12 J. WILLARD MARRIOTT BIOGRAPHICAL SKETCH 13 ALICE S. MARRIOTT BIOGRAPHICAL SKETCH 14 J. WILLARD MARRIOTT: INTERNATIONAL EXECUTIVE OF THE YEAR The 1988 International Executive of the Year Dinner honored J. Willard Marriott, Sr. Remarks from President Jeffrey R. Holland, President Gordon B. Hinckley, and J. W. Marriott, Jr. 18 BALANCING YOUR FAMILY LIFE AND CAREER Francis W. “Butch” Cash One of the most critical problems facing today’s successful executive is learning how to balance career and family. For many, it is an issue that never goes away. It demands making a choice, not once, but almost every day. 21 BRIEFLY 23 A TRIBUTE 24 MARRIOTT SCHOOL ALUMNI BOARD 26 STRATEGY J. W. Marriott, Jr. The most important element of strategy is to have a mission, to decide where you are going. And we have defined the mission of our company as being the best food and lodging company – by treating the employees in ways that cause them to create extraordinary customer service and shareholder value.

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