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spring2013<br />
departments<br />
HARD WORK:<br />
Finance pr<strong>of</strong>essor<br />
Stephen Magee<br />
(center, holding a<br />
dead rattlesnake)<br />
spent 10 summers<br />
as a boy working on<br />
his grandfather’s<br />
cattle ranch. “Every<br />
job I have had since<br />
then has been easy,”<br />
Magee says. Get to<br />
know Magee a little<br />
better in our<br />
Q&A on p. 40.<br />
4<br />
Letters<br />
From the Dean<br />
6<br />
2<br />
3<br />
4<br />
www.today.mccombs.utexas.edu<br />
Clockwise from left: courtesy STEPHEN MAGEE; Drex Agency; CHRIS PHILPOT; courtesy Taco Bell Corp.<br />
14<br />
FEATURES<br />
14<br />
Order Up!<br />
What it’s really like to own a restaurant<br />
If the kitchen is the soul <strong>of</strong> the home, in a restaurant it is the manufacturing<br />
plant, R&D lab, warehouse, and, yes, the grease splattered, raucous soul.<br />
Five alumni restaurateurs—from a food truck chef to a sushi chain CEO—<br />
share the ins and outs <strong>of</strong> the restaurant business.<br />
24<br />
How to Live with<br />
an Entrepreneur<br />
Instructions and insight about a complicated breed<br />
<strong>The</strong>y’re obsessive, visionary, and eccentric. But at home, they’re “honey”<br />
or “mom” or “darling, don’t forget to buy milk.” Read about how<br />
entrepreneurial families make it work.<br />
28Why Friends Matter<br />
A social CEO can mean more money for the company<br />
College reunions and golf-course chats may be just as important as<br />
boardroom meetings and analyst advice for the success <strong>of</strong> a firm’s CEO.<br />
Learn how a CEO’s social life affects company performance and<br />
when it’s best to keep friends at arm’s length.<br />
www.today.mccombs.utexas.edu<br />
34<br />
38<br />
40<br />
Startup<br />
Taking the Pulse <strong>of</strong> Medicine<br />
A neonatologist hopes an MBA<br />
can make him a better physician.<br />
Infographic Tracking the<br />
habits <strong>of</strong> online shoppers. Job<br />
Well Done Become a better<br />
negotiator. <strong>The</strong> Big Question<br />
Can the tax code be fixed<br />
34<br />
Network<br />
Taco Bell’s Biggest Hit<br />
A Conversation with Gary Kelly<br />
“We are all Lance Armstrong.”<br />
Alumni News<br />
Exit Interview<br />
He has stared down Fidel Castro,<br />
worked a cattle ranch, and<br />
danced the Dougie. Get to know<br />
<strong>McCombs</strong>’ resident philosopher<br />
and frequent dinner party host,<br />
finance pr<strong>of</strong>essor Stephen Magee.<br />
SPRING 2013 OPEN<br />
1