Profiles in Leadership - UW-Milwaukee
Profiles in Leadership - UW-Milwaukee
Profiles in Leadership - UW-Milwaukee
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Executive MBA<br />
Fiserv’s Yabuki on Differentiat<strong>in</strong>g<br />
Yourself as a Leader<br />
Jeffery W. Yabuki<br />
“<br />
Truly great leadership is a<br />
comb<strong>in</strong>ation of tangible skills<br />
that blend <strong>in</strong> a way that is really<br />
differentiat<strong>in</strong>g,” Jeffery W. Yabuki,<br />
President & CEO of Fiserv, Inc., told the<br />
Executive MBA Class of 2007 at their<br />
graduation ceremony.<br />
Fiserv, a publicly traded Fortune 500<br />
company, is a market share leader of<br />
<strong>in</strong>formation technology systems and<br />
services to the fi nancial and <strong>in</strong>surance<br />
<strong>in</strong>dustries. The company reported $4.5<br />
billion <strong>in</strong> 2006 revenues, with 23,000<br />
employees serv<strong>in</strong>g more than 17,000<br />
clients worldwide.<br />
Yabuki noted that Fiserv has consistently<br />
grown revenue and earn<strong>in</strong>gs at a doubledigit<br />
clip. “I am particularly proud that we<br />
are one of only a handful of companies <strong>in</strong><br />
10 OUTLOOK<br />
the S&P 500 which have grown revenue<br />
and earn<strong>in</strong>gs for at least 15 straight<br />
years,” he said. “And I th<strong>in</strong>k there is a<br />
direct correlation to the company’s<br />
leadership, because leadership is often<br />
about consistency and stability.”<br />
He challenged graduates to consider<br />
three simple but potent questions that<br />
could “change your trajectory as bus<strong>in</strong>ess<br />
leaders.”<br />
What do you want to do? This is not<br />
necessarily a job title, Yabuki said, but a<br />
defi nition of where your passion lies, how<br />
you want to make an impact. Don’t just<br />
th<strong>in</strong>k about it, he said, but put it down <strong>in</strong><br />
black and white. “Writ<strong>in</strong>g it down not<br />
only changes it from a wish to a goal. It<br />
holds you accountable.”<br />
What is the essence of your personal brand?<br />
Learn to view yourself not just as a person,<br />
but as a brand, he suggested. All of your<br />
actions contribute to how your brand is<br />
perceived. In the bus<strong>in</strong>ess world, we place<br />
great importance on manag<strong>in</strong>g brands,<br />
he said. It shouldn’t be any different with<br />
your personal brand.<br />
What do you want to be famous for?<br />
Everyone gets remembered for<br />
someth<strong>in</strong>g. Tyco’s Dennis Kozlowski,<br />
Enron’s Kenneth Lay — even former<br />
president Bill Cl<strong>in</strong>ton — made poor<br />
short-term decisions rather than look<br />
ahead to manage their legacies. So, <strong>in</strong> all<br />
that you do, he urged, th<strong>in</strong>k about the<br />
impact your actions and decisions will<br />
have on your legacy.<br />
Jeff Yabuki jo<strong>in</strong>ed Fiserv <strong>in</strong> December<br />
2005 after more than six years at H&R<br />
Block, Inc., where he rose to the position<br />
of executive vice president and chief<br />
operat<strong>in</strong>g offi cer, after jo<strong>in</strong><strong>in</strong>g the<br />
company as president of International<br />
Operations <strong>in</strong> 1999. Prior to H&R Block,<br />
Jeff spent 12 years with American<br />
Express, most recently as president and<br />
chief executive offi cer of American<br />
Express Tax and Bus<strong>in</strong>ess Services. He<br />
serves on the Lubar School’s Bus<strong>in</strong>ess<br />
Advisory Council.<br />
<strong>UW</strong>M’s Executive MBA Program is one of<br />
the longest-runn<strong>in</strong>g and most successful<br />
programs of its k<strong>in</strong>d <strong>in</strong> the nation.<br />
Established <strong>in</strong> 1974, the program boasts more<br />
than 850 graduates from over 400 bus<strong>in</strong>esses,<br />
provid<strong>in</strong>g skilled managers with a unique<br />
academic and peer learn<strong>in</strong>g experience <strong>in</strong> an<br />
accelerated format and prepar<strong>in</strong>g them for<br />
positions of executive leadership.