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Richard Hayman Discusses Dealing with Recessions and Considering Sale of Company

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Total Case Duration :

  • Date Added : 09-03-00
  • Clip Duration : 3 min. 36 sec.

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Richard Hayman

  • CEO and Vice-President of Sales and Marketing, Hayman Systems and Services
  • male
  • Caucasian
  • 1947 (Age: 77 years old)
  • Richard Hayman - Interview - Hayman Systems and Services
  • Video 1 of 44 in this Case
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Biography

Richard Hayman was President and Co-Owner of Hayman Systems before it was acquired by MICROS Systems, Inc. in December 1999. Hayman Systems was founded as a cash register company in 1938 by Stanley Hayman but under Richard Hayman's leadership, grew to become a value-added reseller and systems integrator of point-of-sale systems to the hospitality and retail industries. Richard Hayman received his undergraduate degree from Cornell University in 1967.

Let's talk about that I managed three recessions in the company - 1974, 1982, early 90s. 1974 was a tough one but it turned out to be easy because I didn't know what I was doing. Ignorance was bliss, it was OK. 1982 was a big, big string of meat. My marriage broke up then as well. I was having ...(Full transcript available to logged in subscribers.).

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Richard Hayman videos

Video 1 of 44 Richard Hayman Discusses Succession Issues within the Company
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 3 min. 11 sec.
Video 2 of 44 Richard Hayman Discusses Value of Hayman Systems
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 22 sec.
Video 3 of 44 Richard Hayman Discusses Dealing with Recessions and Considering Sale of Company
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 3 min. 36 sec.
Video 4 of 44 Richard Hayman Discusses Decision To Go Into Business with Father
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 14 sec.
Video 5 of 44 Richard Hayman Provides Overview of Hayman Systems
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 0 min. 23 sec.
Video 6 of 44 Richard Hayman Discusses Adding Value to the Customer's Experience
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 2 min. 17 sec.
Video 7 of 44 Richard Hayman Discusses Having Father as Boss
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 55 sec.
Video 8 of 44 Richard Hayman Evaluates Competitor's Customer Service
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 8 sec.
Video 9 of 44 Richard Hayman Discusses Buying Existing Company versus Starting From Scratch
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 2 min. 53 sec.
Video 10 of 44 Richard Hayman Discusses Public Versus Private Companies
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 0 min. 44 sec.
Video 11 of 44 Richard Hayman Discusses Terminations
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 0 min. 47 sec.
Video 12 of 44 Richard Hayman Discusses Selling Customers on Change in Technology
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 41 sec.
Video 13 of 44 Richard Hayman Discusses Handling Negotiations
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 4 min. 55 sec.
Video 14 of 44 Richard Hayman Discusses Market Positioning
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 2 min. 46 sec.
Video 15 of 44 Richard Hayman States Doubtfulness in Starting Another Company
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 0 min. 28 sec.
Video 16 of 44 Richard Hayman Discusses Hiring Management
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 38 sec.
Video 17 of 44 Richard Hayman Discusses Employee Motivation and Involvement
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 2 min. 36 sec.
Video 18 of 44 Richard Hayman Discusses Evolution of Company's Name
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 35 sec.
Video 19 of 44 Richard Hayman Discusses Revolution in the Cash Register Industry
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 43 sec.
Video 20 of 44 Richard Hayman Discusses Details and Forecasting in the Business Plan
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 2 min. 15 sec.
Video 21 of 44 Richard Hayman Discusses Hayman Systems' Use of the Internet
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 0 min. 54 sec.
Video 22 of 44 Richard Hayman Describes Entrepreneurship in an Older Company
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 4 min. 2 sec.
Video 23 of 44 Richard Hayman Discusses Lessons Learned and Assigning Roles within the Business
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 3 min. 10 sec.
Video 24 of 44 Richard Hayman Shares Thoughts on Fair and Equal Partnerships
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 2 min. 23 sec.
Video 25 of 44 Richard Hayman Shares Philosophy on Hiring
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 18 sec.
Video 26 of 44 Richard Hayman Shares Thoughts on Customer Service
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 41 sec.
Video 27 of 44 Richard Hayman Discusses Early Roots Of Cash Register Business
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 3 sec.
Video 28 of 44 Richard Hayman Discusses Relationship with Brother/Partner
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 9 sec.
Video 29 of 44 Richard Hayman Discusses Turning Tax Change Headache Into Free Publicity
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 24 sec.
Video 30 of 44 Richard Hayman Discusses Recognition, Awards and PR
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 3 min. 30 sec.
Video 31 of 44 Richard Hayman Negotiates Purchase of Building
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 7 sec.
Video 32 of 44 Richard Hayman Discusses Professional Confrontation with Father as Boss
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 16 sec.
Video 33 of 44 Richard Hayman Discusses Cash Flow
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 58 sec.
Video 34 of 44 Richard Hayman Discusses Hiring Practices
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 0 min. 34 sec.
Video 35 of 44 Richard Hayman Discusses Migration From Product-Centered to Service-Centered Business
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 7 sec.
Video 36 of 44 Richard Hayman Discusses Hiring Family Members
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 2 min. 10 sec.
Video 37 of 44 Richard Hayman States Typos in Business Plans are Inexcusable
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 0 min. 36 sec.
Video 38 of 44 Richard Hayman Discusses Strategy Through Recession
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 2 min. 41 sec.
Video 39 of 44 Richard Hayman Discusses Surprises Over Employee Behavior
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 0 min. 59 sec.
Video 40 of 44 Richard Hayman Discusses Method of Hiring New Employees
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 0 min. 44 sec.
Video 41 of 44 Richard Hayman Discusses Decision to Bring On Non-Family Equity Partner in the Business
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 3 min. 24 sec.
Video 42 of 44 Richard Hayman Discusses E-Commerce
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 2 min. 10 sec.
Video 43 of 44 Richard Hayman Takes Comfort in Honesty and Integrity
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 0 min. 24 sec.
Video 44 of 44 Richard Hayman Discusses Employees and Financing in a Family Business
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 5 min. 6 sec.