Business Management Management Strategies
More Layoffs Planned at United Airlines, Constellation Energy Group
Dec. 04, 2008
With major retailers announcing same-store sales results from the previous month, job cuts and company mergers dominate financial news this morning. More economic reports will be released today including a weekly jobless claims report, an October factory orders report that is anticipated to show a drop of at least 4.5 percent and major retailer reports - including Wal-Mart – showing November same-store sales, CNNMoney.com reported.
Open Offices, Mixed Greens Highlighted in CoreNet Surveys
Nov. 10, 2008
A pair of new surveys, released by CoreNet Global at its summit in Orlando, Fla., focus on two key areas in corporate real estate: alternative workplace strategies (AWS), which are very much on the rise, and green buildings, where attitudes are, at least this year, decidedly mixed.
CB Richard Ellis Launches Asset Repositioning Group
Oct. 08, 2008
Corporate owners can have many reasons to get surplus properties out of their portfolios, ranging from accounting to post-merger strategy. In a bid to further raise its profile in the specialized field of marketing surplus assets, CB Richard Ellis Inc. is launching a new practice within its global corporate services group.
Partisan Politics Not Always Bad
Oct. 03, 2008
The truth about partisan politics is that contrary to public opinion, it’s not always a bad thing. Likewise, bipartisan efforts don’t always reflect altruistic behavior and selfless acts. From my perspective, it isn’t necessarily the stance you take, but rather the reasons underpinning your decision to adopt a position that matter most. In today’s column I’ll share the unpopular truth about partisan politics.
Management Matters with Mike Myatt: Facing Up to Rogue CEOs
Sept. 26, 2008
Rogue CEOs. Given the recent failures of banks and financial institutions previously thought to be untouchable, there has been a tremendous amount of justifiable venom being spewed at the CEOs of these firms. Their ignorance, and in some cases their arrogance, allowed these rogue CEOs to operate outside of normal business rules, conduct self-serving agendas, and partake in self-dealing transactions all while receiving outrageous compensation.
CBRE Joins Climate Group
Sept. 24, 2008
CB Richard Ellis Group Inc. has reported that it became the first commercial real estate services company to join The Climate Group, the global, independent organization dedicated to accelerating action on climate change.
Q&A: Who's Hiring, Who's Firing—Today's Real Estate Employment Market
Sept. 15, 2008
With tough economic times comes an even tougher employment market, and commercial real estate is one of the industries that has been hit harder than some others. CPN associate editor Amanda Marsh spoke with Robert Baron, president of American Real Estate Executive Search Co., about what kind of job market senior level executives are facing, where to find opportunities and what to expect in the future.
Management Matters with Mike Myatt: Expectation Alignment Key to 'Promise Management'
Sept. 05, 2008
The art and science behind making commitments and managing expectations has always been a critical skill set for senior executives and entrepreneurs to master. In fact, understanding how to come out on the right-side of the expectation curve can often be the difference between average performers and corporate superstars. This is evidenced by the fact that the consulting industry has zeroed in on the importance of this issue such that it has evolved into an emerging discipline known as "Promise Management." In today's column I'll discuss the value of promise management as a discipline.
Management Matters with Mike Myatt: It's All In The Message
Aug. 29, 2008
Top CEOs understand the power, influence, and leverage created by great messaging. Do you ever find yourself sitting back and marveling at those chief executives who always seem to have the right thing to say? Contrast this with the feelings you have when you hear an awful sound-bite that makes a CEO look either uninformed or unintelligent.
Tenant Reps Say Sluggish Economy Means Changes in How They Handle Clients
Aug. 25, 2008
Faced with a sluggish economy, tight credit environment and softening office leasing market, tenant representation brokers say their roles have been changing in recent months. Several brokers on both coasts told CPN they are increasingly taking on advisory roles as they help clients manage their space needs and expenses.
Management Matters with Mike Myatt: Do You Have A Bad Attitude?
Aug. 22, 2008
Show me a CEO with a bad attitude and I'll show you a poor leader. While this sounds simple enough at face value, I have consistently found that one of the most often overlooked leadership attributes is that of a positive attitude. As a CEO, how can you expect to inspire, motivate, engender confidence, and to lead with a lousy attitude? The simple answer is that you can't. It just won't work. CEOs with bad attitudes will not only fail to engage their workforce, but they will quickly find themselves shown the door as their attitude's impact on performance becomes visible to the board. In today's column I'll examine the importance of CEOs having a positive attitude.
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.
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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