Business Management Management Strategies
Management Matters with Mike Myatt: Is Family Business a Good Idea?
Aug. 15, 2008
Oh what a conundrum! Family business: Should I, or shouldn't I? In my opinion there really isn't a right or wrong answer to this question. It is simply a matter of personal preference. I have observed extremely successful family enterprises that strengthen relationships and flourish across generations. I have also witnessed business ventures that were responsible for the total destruction of what were previously very close families. Whatever decision is made with respect to bringing family members into a business, it is a decision that should not be taken lightly. In this week's column I'll share my thoughts on the topic of family businesses.
Management Matters with Mike Myatt: What to Do When Marketing Goes Wild
Aug. 08, 2008
Have your company's marketing initiatives wandered astray? Is the proverbial tail starting to wag the dog with respect to your current marketing campaigns? How do you know when marketing is out of control? Those of you familiar with my work know that I'm generally a strong advocate for sales- and marketing-driven organizations. However my typical pro-marketing position assumes that certain key fundamentals are in place to ensure that the lunatics don't somehow become in charge of the asylum. In today's column I'll discuss how to keep marketing in check so that brand focus is maintained and your company avoids the costly trap of marketing gone awry.
Six Mistakes Real Leaders Avoid
Aug. 01, 2008
I recently had a reader ask: "Is there a simple test that can be used to quickly determine an executive's leadership ability?" The short answer is yes. There are, in fact, a great number of tests that can quickly assess leadership ability. Something as simple as a 360 review, or as complex as a deep psychological profile (both with weighted emphasis on leadership aptitude) can point out an individuals' leadership capabilities. Our firm (as do many other firms) offers a broad array of skill specific assessments and profiles which can be implemented, but for purposes of answering the specific question at hand, in today's column I'll give you six areas to peel back the layers on when evaluating potential leaders.
Survey Says … Facilities Managers Update Ways to Find Out What Tenants Want
July 01, 2008
Clients and tenants are more sophisticated, informed about and demanding of facilities services. "They know their needs and the possibilities,” explained Burke Real Estate Group director of property management Ken Wheeler. That provides an opportunity, though, for facilities managers to improve the quality of their customer service.
Perfect Mix & Match
July 01, 2008
When Birmingham, Ala.-based Corporate Realty Associates Inc. decided to add a COO to its management roster, the company’s four top managers knew that finding the right person was critical to maintaining a strong, effective team.
The Six Sigma of Hiring
July 01, 2008
Many real estate companies have taken a Six Sigma approach to finding the right hire, putting candidates through a rigorous methodology that weeds out those less suited to the task. Jones Lang LaSalle Inc., for example, employs Topgrading, an interview process created by Smart & Associates Inc. president Brad Smart, a former consultant for General Electric Co., which was an early and successful adopter of the Six Sigma business methodology.
Management Matters with Mike Myatt: Does Appearance Matter?
June 20, 2008
So, do appearances really matter? They shouldn't, but the reality is that they most certainly do. As the old saying goes, "you only get one chance to make a first impression," and often times it is that initial perception that determines whether or not you are even afforded the opportunity to get up to bat.
Management Matters with Mike Myatt: Recognizing the Need for Change
June 13, 2008
Since the title of today’s column is "Recognizing the Need for Change," I'm going to switch things up a bit and ask you to answer a question posed by me. I first warned readers of the slowing economy more than a year ago, so my question is this: "In the last year what proactive changes have you made to ayour business to improve your ability to navigate the changing economic conditions that are presently vexing many a CEO?"
Management Matters with Mike Myatt: How to Reduce Employee Turnover
June 06, 2008
Few things in business are as costly and disruptive as unknowingly having the proverbial revolving door for employees from which to exit. While there are many secondary and tertiary items that can influence an employee's decision to leave, in this week's column I'll address the one single factor which constitutes the overarching reason that drives a person's decision to leave their employer.
Orlando Sanford International Airport to Join Model Ports Initiative
May 08, 2008
Orlando Sanford International Airport is one of 20 gateway airports nationwide selected to join the U.S. Customs and Border Protection’s Model Ports Initiative, a joint venture that includes federal agencies, the travel industry, airlines and airport authorities.
Management Matters with Mike Myatt: The Name Game, Part 3
May 02, 2008
This is the third and final piece in this series on naming. The first column dealt with how to select a naming firm, the second one addressed the components that go into creating a great corporate name, and this final piece will deal with other venues within the naming field.
Perkins+Will Wins CoreNet Global, AIA and IIDA Award
April 29, 2008
Perkins+Will, a global integrated design firm, will receive the 5th Annual CoreNet Global, AIA, and IIDA Sustainable Leadership Award for Sustainable Development at the CoreNet summit meeting in May in San Diego.
Commercial Real Estate Management Strategies
Commercial Property News reports on the latest commercial real estate trends, news and management power players. Read about the industry's leading management strategies and emerging commercial real estate practices.
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