Bookmarks: 5 Interesting Articles to Help You This Week

February 27th, 2017

Credit: iStock

Credit: iStock

Each week, I select a few articles that rise above the fray and hopefully help you on your journey in the CRE world. They pull from one of four “corners:” corporate real estate, technology, management science and anything positive. I welcome your comments on these articles and the submissions of others (with credit to you if I post them). I wish you a terrific week!

Apple Will Open Its New ‘Spaceship’ Campus In April
“Apple’s new campus has a name and a move-in date.

On Wednesday, Apple announced that its 175-acre ring-shaped futuristic campus will be called “Apple Park” and employees will being occupying it in April, although construction will continue through the summer. By the end of this year, Apple expects to move more than 12,000 employees into the new Cupertino campus.

To honor Steve Jobs’ memory, the 1,000-seat auditorium on campus will be named after Apple’s iconic founder. Apple announced the news days before what would have been Jobs’ 62nd birthday.” www.forbes.com


How to Handle Interrupting Colleagues
“You’re giving a presentation on the company’s strategic direction when one of your colleagues interrupts you. You pause, address his question, and continue with your point — until he interrupts again. Sound familiar?

All of us have known colleagues, friends, or romantic partners who seem unable to let us finish a sentence. How do you handle them effectively? There are a number of tactics.” www.hbr.org

What CEOs Should Know About Speaking Up on Political Issues
The unpredictability of our current political environment, in the U.S. and around the globe, has drawn company leaders into a maelstrom. CEOs don’t know whether a presidential tweet will bring their company into the limelight, or whether a controversial policy will pressure them to speak out. For example, there was anxiety among CEOs about how to respond to President Trump’s recent executive order restricting immigration. There’s even an app that notifies users when the president tweets about a particular company.

Should executives respond when a tweet or unexpected event touches their business or rouses their employees and customers? There are risks and rewards to CEO activism. Weber Shandwick, where I serve as chief reputation officer, and KRC Research surveyed 1,050 senior executives and 2,100 consumers across 21 markets worldwide to find out what people expect from corporate brands.. www.hbr.com

Investors Are Targeting Smaller, Last Mile Warehouses
“Investors are taking aim at smaller industrial properties that cover the critical last mile that e-commerce firms need to make same-day delivery a reality. These warehouses tend to be smaller, less efficient and older than bulk facilities, and until now they’ve  largely sat idle on the market,www.bisnow.org

The B-52s Played its First Gig 40 Years Ago Today, so Here are 52 Fun Facts About the Band
“In honor of one of Athens’ most legendary bands celebrating the anniversary of its first gig 40 years ago, here are 52 fun, freaky and factual things to know about the B-52s.” www.redandblack.com

Your success blesses others. I wish you a great a hugely impactful week!

Ken

 

Bookmarks: 5 Interesting Articles to Help You This Week

February 20th, 2017

Credit: iStock

Credit: iStock

Each week, I select a few articles that rise above the fray and hopefully help you on your journey in the CRE world. They pull from one of four “corners:” corporate real estate, technology, management science and anything positive. I welcome your comments on these articles and the submissions of others (with credit to you if I post them). I wish you a terrific week!

It Only Takes 7 Words to Create the Last Work-From-Home Policy You’ll Ever Need
“Recently, a friend asked me to review his work-from-home policy. He’s tired of being reactive and wants to be proactive. “What am I missing?” he asked. “What should I add?”

I didn’t even look at his policy.

“Here are all the guidelines you need,” I said.

* Get your work done.
* Be available.
* Overcommunicate.

Sound too simple? It’s not. Those seven words cover most of the issues you’ll face–and if they don’t, you can deal with those situations one-off rather than as systemic issues that require a blanket policy.” www.inc.com


Want to Be More Productive? Sit Next to Someone Who Is
“We saw that neighbors have a significant impact on an employee’s performance, and it can be either positive or negative. In terms of magnitude, we found that approximately 10% of a worker’s performance spills over to her neighbors. Replacing an average performer with one who is twice as productive results in his or her neighboring workers increasing their own productivity by about 10%, on average.” www.hbr.0rg

Business travel. It’s a killer. Literally.
“Now I don’t wish to sound like some harbinger of doom and put a downer on what some believe is one of the few pleasures they have in their working lives but several recent studies suggest that extensive air travel is incredibly detrimental to your health.. www.linkedin.com

Energy Strategy for the C-Suite
“To understand how firms are approaching energy strategy, we surveyed executives from 145 companies with $1 billion or more in revenue from across sectors and geographies. The research looked at the firms’ performance on 15 measures of energy practice, including developing a formal strategy, deploying cutting-edge technologies, and leveraging advanced financing mechanisms. We sorted the firms into leaders, middle tier, and laggards and gauged how well their “energy maturity” drove business value. Drawing on this research and on our decades of experience in energy consulting and management, we have developed a new framework for using energy strategy to drive business value.www.hbr.org

10 Journalism Brands Where You Find Real Facts Rather Than Alternative Facts
“One key question for any publication is this: If a reporter gets facts in a story wrong, will the news outlet investigate a complaint and publish a correction? Does the publication have its own code of ethics? Or does it subscribe to and endorse the Society of Professional Journalist’s code of ethics? And if a reporter or editor seriously violates ethical codes – such as being a blatant or serial plagiarizer, fabulist or exaggerator – will they be fired at a given news outlet? While some may criticize mainstream media outlets for a variety of sins, top outlets such as the Washington Post, the New York Times, NBC News and the New Republic have fired journalists for such ethics violations. That is remarkable in a world where some celebrities, politicians and other realms of media (other than news… such as Hollywood films “based on a true story”) can spread falsehood with impunity.” www.forbes.com

Your success blesses others. I wish you a great a hugely impactful week!

Ken

 

Bookmarks: 5 Interesting Articles to Help You This Week

February 13th, 2017

Credit: iStock

Credit: iStock

Each week, I select a few articles that rise above the fray and hopefully help you on your journey in the CRE world. They pull from one of four “corners:” corporate real estate, technology, management science and anything positive. I welcome your comments on these articles and the submissions of others (with credit to you if I post them). I wish you a terrific week!

Big Investors Cut Back on Commercial Property as Bull Market Loses Steam
Is the pendulum swinging back the tenant’s way? “Some prominent real-estate investors are reducing their holdings and getting more selective about new deals, in a sign that the eight-year bull market for U.S. commercial property is coming to a close.

Asset managers at pension funds and endowments, as well as private-equity firms and other big investors, are throttling back on new acquisitions, selling more assets and shifting to less risky strategies as a way to protect against potential losses in a downturn.” www.wsj.com

Finally, Proof That Managing for the Long Term Pays Off
“Companies deliver superior results when executives manage for long-term value creation and resist pressure from analysts and investors to focus excessively on meeting Wall Street’s quarterly earnings expectations. This has long seemed intuitively true to us. We’ve seen companies such as Unilever, AT&T, and Amazon succeed by sticking resolutely to a long-term view. And yet we have not had the comprehensive data needed to quantify the payoff from managing for the long term — until now.

New research, led by a team from McKinsey Global Institute in cooperation with FCLT Global, found that companies that operate with a true long-term mindset have consistently outperformed their industry peers since 2001 across almost every financial measure that matters.” www.hbr.0rg

Sorry, Working From Home Isn’t the Future of Job Flexibility
Workers say in survey after survey that flexibility is a very important aspect of job satisfaction. But what they really want is to work from home, according to a recently published study by the Washington Center for Equitable Growth.

That’s not realistic for many of the fields of work that are growing fastest, and it’s not something most employers are offering.

The average worker would take an 8 percent pay cut to work from home, the study found. Other possible work arrangements, such as compressing five days’ worth of work into four or picking different start and end times, don’t seem to justify a lower salary. www.bloomberg.com

How to Make Sure Your Emails Give the Right Impression
Given the avalanche of email we receive each year — 121 messages per day, on average — it’s no wonder that we have become somewhat desensitized to its impact on our professional brand. We’ll spend hours polishing our LinkedIn profiles and revising our résumés, but hastily hit send on an unintelligible missive simply because we’re in a rush. “Sent from my device, please overlook typos” is not a get-out-of-jail-free card for shoddy communications.

Have you ever thought about the brand you’re conveying through your emails? You should. Every email you send affects your professional reputation, or brand. Don’t make these all-too-common mistakes in your communication:” www.hbr.org

10 Journalism Brands Where You Find Real Facts Rather Than Alternative Facts
“One key question for any publication is this: If a reporter gets facts in a story wrong, will the news outlet investigate a complaint and publish a correction? Does the publication have its own code of ethics? Or does it subscribe to and endorse the Society of Professional Journalist’s code of ethics? And if a reporter or editor seriously violates ethical codes – such as being a blatant or serial plagiarizer, fabulist or exaggerator – will they be fired at a given news outlet? While some may criticize mainstream media outlets for a variety of sins, top outlets such as the Washington Post, the New York Times, NBC News and the New Republic have fired journalists for such ethics violations. That is remarkable in a world where some celebrities, politicians and other realms of media (other than news… such as Hollywood films “based on a true story”) can spread falsehood with impunity.” www.forbes.com

Your success blesses others. I wish you a great a hugely impactful week!

Ken

 

Bookmarks: 5 Interesting Articles to Help You This Week

February 6th, 2017

Credit: iStock

Credit: iStock

Each week, I select a few articles that rise above the fray and hopefully help you on your journey in the CRE world. They pull from one of four “corners:” corporate real estate, technology, management science and anything positive. I welcome your comments on these articles and the submissions of others (with credit to you if I post them). I wish you a terrific week!

Office Landlords Leverage Co-Working Style Designs to Retain Tenants
“Inspired by Millennials, the collaborative office design is now popular across most industries and age groups. Office building landlords are now outfitting lobbies with amenities and creating indoor and outdoor spaces where building occupants can work, socialize and meet with each other or clients. Office landlords are capitalizing on a concept originally conceived by co-working operators like WeWork.” www.nreionline.com

Cat’s new HQ goal: Change culture
“With all due respect to Peoria, it’s going to be easier to lure corporate talent to the Chicago area. Yes, the area has its problems but it is also home to many world-class cultural amenities and social attractions that help make people want to work and play here.”

“Many of Caterpillar’s senior leaders have spent many years at the firm and have been rotated throughout the business,” Keith Schoonmaker, Morningstar analyst, wrote in a recent report. “Increasingly, however, the company has sought to hire people from outside of the heavy equipment industry.” www.chicagotribune.com

Sorry, Working From Home Isn’t the Future of Job Flexibility
Workers say in survey after survey that flexibility is a very important aspect of job satisfaction. But what they really want is to work from home, according to a recently published study by the Washington Center for Equitable Growth.

That’s not realistic for many of the fields of work that are growing fastest, and it’s not something most employers are offering.

The average worker would take an 8 percent pay cut to work from home, the study found. Other possible work arrangements, such as compressing five days’ worth of work into four or picking different start and end times, don’t seem to justify a lower salary. www.bloomberg.com

Unusual employee benefits at Basecamp – the complete list
I’m often asked about the benefits we offer at Basecamp. Potential employees are obviously curious, but most of the questions I get are from fellow business owners and entrepreneurs. Everyone’s looking to know what everyone else is doing — as are we — so I figured I might as well post our current benefit list publicly.

Note: Since the majority of our staff works remotely, and some outside the US, some of these benefits are provided in different ways. For example, the 401k is only available in the US. We’re currently working on making sure everyone, no matter where they work, have commensurate benefits (or at least as similar as possible). We’re still working on this, so hopefully I can write more about how we’ve addressed this down the road.” www.linkedin.com

How Well Are #CRE Leaders Balancing Need To Attract Talent & The Need To Reduce Company Costs?
Corporate real estate (CRE) leaders around the world are focused on strategies to attract and retain superior employees and help enhance their productivity. At the same time, they must continually find ways to reduce occupancy costs. The overriding challenge is to balance these two goals, which are often in opposition to one another.

This is the picture that emerged from a new global CRE survey conducted by Cushman & Wakefield in conjunction with CoreNet Global in 2016 as a follow-up to the 2015 study of industry trends, which reinforces the criteria that is really driving occupier decisions. This year, our survey examined not only location and workplace strategy as corporate value drivers, but also CRE’s alignment with business strategy alignment.” www.cushwake.com

Your success blesses others. I wish you a great a hugely impactful week!

Ken