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Sicherheit und Risiko

St.Gallen Business Review Winter 2012

St.Gallen Business Review
Winter 2012

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ESPRIT St.Gallen Business Review<br />

and winning a seat in the Senate in 2008. Today Senator<br />

Warner is a most credible candidate for the US President<br />

in 2016.<br />

Running a business requires making difficult decisions<br />

every day. When I was actively involved in running<br />

my family’s automotive business, I was acutely aware<br />

that the decisions I made affected many people, including<br />

our employees, our customers, and my family. Personnel<br />

decisions are some of the most difficult to make<br />

because these impact the livelihoods of people directly.<br />

What land should we buy? Which franchise must we<br />

pursue? How much can we borrow? In 2007 I made the<br />

decision to build a new Volvo store in Winchester, Virginia,<br />

one of the fast-growing markets in the country. We<br />

gathered hopeful investors, borrowed too much money<br />

at too high a rate, and built a building bigger than we<br />

needed. Then, of course, 2008 happened, and our sales<br />

were almost Zero. I have never presided over that much<br />

red ink in my life. It hurt just to walk aro<strong>und</strong> the building.<br />

But we had to keep making the bank payments,<br />

and the investor returns – we took the risk, so we had to<br />

take the damage.<br />

When I kick myself, though, for taking this risk<br />

that turned out so poorly, I try to remember another<br />

risk in 2007/2008 – buying a Kia franchise for a decent<br />

price. My beloved and wise father was sure I was crazy.<br />

Kia? So I bought another Kia franchise. Today our family<br />

is selling 800 Kias a year, and another 3,000 to the<br />

rental car companies. We are the largest Kia dealer in<br />

the USA. And my dad is content with my sanity.<br />

Risk and Diplomacy<br />

We are blessed here in Switzerland to have few<br />

difficult problems between our Sister Republics. But<br />

this is hardly true aro<strong>und</strong> the world. We have watched<br />

President Obama and Secretary of State Hillary Clinton<br />

struggle to find the right balance in so many tragic and<br />

terrible conflicts. When is it right to commit American<br />

military force, as we did in Libya, but have not so far<br />

done in Syria? How do we disengage in Afghanistan and<br />

Iraq, allowing those peoples to self-govern and to take<br />

responsibility for their own societies, without running<br />

the risk of civil war or terrorist takeovers? How do we<br />

balance the risks and responsibilities for keeping Iran<br />

from developing a nuclear weapons arsenal?<br />

One thing we must certainly know: it is not possible<br />

to take genuine responsibility, to be a true world<br />

leader, without also assuming the great burden of risk<br />

that comes with these. We will make mistakes. We will<br />

misjudge. History will not always treat us kindly. But<br />

is our choice to avoid such risk? To sit idly by while<br />

billions starve, and billions more are enslaved? Or to<br />

«One thing we must<br />

certainly know: it is<br />

not possible to take<br />

genuine responsibility,<br />

to be a true world<br />

leader, without also<br />

assuming the great<br />

burden of risk that<br />

comes with these.»<br />

advocate and fight for freedom, self-determination, and<br />

human rights?<br />

But one final thought, from Mark Twain: I‘ve experienced<br />

many terrible things in my life, a few of which<br />

actually happened. I know I have worried far too much<br />

about some of my so-called risks, while making too little<br />

effort just to enjoy the ride. Von nichts, kommt nichts.<br />

About the Author<br />

Donald S. Beyer, Jr. took<br />

up his duties in Bern on<br />

August 15, 2009. He is a<br />

nationally recognized political,<br />

business and philanthropic<br />

leader. Over the<br />

last thirty years, he built<br />

a strong reputation in<br />

Virginia, where he started a successful business,<br />

and spent eight years as Lieutenant Governor. In<br />

2008, he chaired the Transportation and Land Use<br />

working group of the Governor’s Virginia Commission<br />

on Climate Change. Before his nomination<br />

to be Ambassador, he was asked by President<br />

Obama to lead the United States Department of<br />

Commerce Transition Team. Ambassador Beyer is<br />

a magna cum laude graduate of Williams College,<br />

where he received a Bachelor of Arts with Highest<br />

Honors in Economics. He and Megan Carroll Beyer<br />

married in 1987; they have four children.<br />

Winter 2012 27

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