Steve Solcher ’83 says he’s a believer in the philosophy “hard work pays off.” As CFO of BMC Software for seven years, his experience and knowledge attest to his work ethic.
Solcher shared his business insight to Mays Business School students in a recent visit to campus.
“If you have the opportunity to do something multinationalâ€”do it,” BMC Software CFO Steve Solcher ’83 advised students. “You can’t be sitting in an office in Houston thinking about how to compete globally if you’ve never seen the world.” (view more photos)
“Thirty years ago, I was sitting in a classroom just like this without a job,” Solcher says. An accounting major, he utilized Mays’ career fair and got a job with Arthur Andersen, where he worked for eight years after graduating.
In 1991, Solcher joined BMC as an assistant treasurer. “When I visited BMC, I looked around and realized that everyone wants to be at work,” he says about the decision to change jobs and work for one of the world’s largest software companies.
More than 20 years later, Solcher climbed the ranks at BMC and now holds the title of chief financial officer. BMC employs about 6,400 people worldwide, and Solcher says the company stands out in the tech industry. “We want to serve IT professionals well and deliver value easily,” he says. “We’re more narrowly focused, while our competition is trying to fight too many fronts.”
Solcher has travelled the world visiting BMC’s numerous international offices (including Amsterdam, Israel, Singapore and India), and can’t help but be amazed at how the competition overseas is “exploding.” “If you have the opportunity to do something multinationalâ€”do it,” Solcher advises. “You can’t be sitting in an office in Houston thinking about how to compete globally if you’ve never seen the world.”
Similar to the rapidly shifting global workplace, Solcher noted that the industries themselves are also continually changing. Adaptability, he says, is what sets the successful apart from the unsuccessful in business.
“Fields change all the time,” he says. “No set of education will last you throughout your career.” Solcher further emphasized that if students can see that change and capitalize on it, “That’s where people are making good money.”
Aside from his notable corporate career, Solcher has also been involved in several community organizations. He currently sits on the board of the Boys & Girls Club of Houston, as well as the Houston Museum of Natural Science. “I’m passionate about giving everyone an opportunity to succeed,” he says.