Retired Major General Matt Smith joins Scott to unpack why veteran transition isn’t just a “feel-good” topic—it’s a long-term national security issue tied directly to readiness and recruiting. They discuss Emory University Goizueta Business School’s Master of Business for Veterans (MBV) Program, the importance of community during transition, and how veterans can translate military leadership into the “language of business.” This is a tactical conversation for leaders leaving uniform—and for employers who want to actually harness veteran talent.

Key Takeaways

Why how we treat the GWOT generation directly impacts future recruiting and readiness.

What the MBV is (and isn’t): “half an MBA,” built to give senior leaders the core business foundation.

The underrated value of grad school for vets: time, perspective, and exposure to “what’s possible.”

Why in-person cohort/community can be a force multiplier during the 1–2 year transition window.

How veterans should think about GI Bill ROI (and why everyone wants your benefits dollars).

The veteran “secret sauce” businesses miss: disciplined initiative + relentless after-action review mindset.

Why the chain of command often gives well-intentioned but wrong transition advice—and how to recalibrate.

“A PhD in the human condition”: the leadership dataset vets carry into any organization.

Quotes

“Transition is a process, not an event… it takes about two years.”

“Graduate business education exposes you to what’s in the realm of possible—and what you don’t want to do.”

“If you’re spending other people’s money, they won’t give it to you unless you know how to run a business.”

“Veterans bring disciplined initiative—the secret sauce of the American military.”

“You have a PhD in the human condition.”

Chapters

00:00 Why veteran transition is a national security issue

03:16 MG Matt Smith’s background + what the MBV is

06:58 Classroom dynamics: experience, discipline, and veteran accountability

13:12 2001 vs now: how academia’s view of veterans has changed

15:43 The “three buckets” of MBA value (skills, translation, time) + what’s missing

19:52 Timing grad school with retirement + the power of an in-person support system

24:28 “It’s okay not to know”—transition goals and changing plans

29:41 GI Bill ROI, reality checks, and why location/industry matters

31:03 “Business as a language course” + the PMP as translation

34:13 Doing anything you want (and failing fast) after service

39:49 “PhD in the human condition” and why vets don’t see their own value

44:15 Advice to employers: how to actually utilize veteran talent

47:14 MG Smith’s personal transition at the one-year mark

49:29 What Emory could do next + why society needs vets at places like Emory

54:22 Closing thoughts: GWOT ended quietly; transition didn’t—plus gratitude to Vietnam vets