The DeBenedictis file Featured

12:06pm EDT October 29, 2006
Age: 60

Born: Philadelphia

Education:
Bachelor’s degree, business and engineering; master’s degree, environmental engineering, Drexel University

First job:
First lieutenant in the Army

What is the greatest business lesson you’ve learned?
Stay focused. A lot of times, engineers like myself have trouble focusing. They want to get involved and do everything.

Whom do you admire most in business?
Bill Rouse, a local guy and big developer who has since passed away. I admired him because he would take on large civic projects in his business and really helped make a stronger city in Philadelphia.

What is one universal truth you’ve learned about leading a business?
Try to remember that the shareholder is the boss. If you are doing something that isn’t going to benefit the shareholders on a year-to-year basis, you shouldn’t do it just to get bigger. You really have to come to the bottom line.