Bookmarks: 5 Interesting Articles to Help You This Week

August 28th, 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!

Aging Parents With Lots of Stuff, and Children Who Don’t Want It
“As baby boomers grow older, the volume of unwanted keepsakes and family heirlooms is poised to grow — along with the number of delicate conversations about what to do with them. According to a 2014 United States census report, more than 20 percent of America’s population will be 65 or older by 2030. As these waves of older adults start moving to smaller dwellings, assisted living facilities or retirement homes, they and their kin will have to part with household possessions that the heirs simply don’t want.” www.nytimes.com

Applebee’s is Ditching Millennials After They Forced Hundreds of Restaurant Closures
“Over the past few years, the brand’s set out to reposition or reinvent Applebee’s as a modern bar and grill in overt pursuit of a more youthful and affluent demographic with a more independent or even sophisticated dining mindset, including a clear pendulum swing towards millennials,” John Cywinski, Applebee’s brand president, said in a recent call with investors.

He continued: “In my perspective, this pursuit led to decisions that created confusion among core guests, as Applebee’s intentionally drifted from what I’ll call its ‘Middle America’ roots and its abundant value position. While we certainly hope to extend our reach, we can’t alienate Boomers or Gen-Xers in the process.” www.businessinsider.com

How Big Can Google Get? Its Aggressive Push For Office Space in the Bay Area
For the past six years Google has been expanding bit by bit beyond its Mountain View headquarters. But this year, the tech titan’s plan for a massive new push into San Jose coupled with big land buys in Sunnyvale show just how big Google’s footprint may get.

If everything the tech titan has in the works comes to pass, Google could double its footprint in Silicon Valley, potentially making room for roughly another 31,000 or more employees. www.commercialrealestate.com

Inside GE’s Transformation
“A CEO has different tasks in different cycles. Some CEOs are founders and builders. Others have the luxury of managing momentum through a stable economy or a period when business models aren’t being disrupted. My task was different: remaking a historic and iconic company during an extremely volatile time.

I led a team of 300,000 people for 6,000 days. I led through recessions, bubbles, and geopolitical risk. I saw at least three “black swan” events. New competitors emerged, business models changed, and we ushered in an entirely new way to invest. But we didn’t just persevere; we transformed the company. GE is well positioned to win in the future.

The changes that took in the world from 2001, when I assumed the company’s leadership, to 2017 are too numerous to mention. The task of the CEO has never been as difficult as it is today. In that vein, my story is one of progress versus perfection. The outcomes of my decisions will play out over decades, but we never feared taking big steps to create long-term value.”  www.harvardbiz.com

Why Millennials Have A Complicated Relationship With Travel
“Millennials seem to have found themselves in a tricky spot. The more they follow the axiomatic advice to “stop and smell the roses,” the more frequently they’re accused of malaise. The more they discuss practical solutions to enduring problems, the more they’re labeled as “entitled.”

So it’s not going to help their predicament any to learn that millennials seem to value travel more than previous generations. Cue the accusations of being “discontent” with their work and home lives.

The truth is, both science and common sense drive home the importance of broadening our horizons, which sure makes it seem like millennials know something their elders may not. So let’s dive into the surprisingly nuanced conversation emerging about millennials’ relationship with travel.” 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

August 21st, 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!

How New Managers Can Send the Right Leadership Signals
“One of the most exciting and — sometimes anxiety-producing transitions in a career — comes when you move from being an individual contributor to becoming a manager. At this juncture, what you think, what you say, and how you show up —in effect, your leadership presence — can have a direct impact on those you are now leading and managing for the first time. So, as a new manager, how do you build an authentic and connected leadership presence that has a positive impact on your team and colleagues?” www.hbr.org

The 40% Rule; Navy Seals Guide to Mental Toughness
“..When your mind is telling you that you are done..you are only 40% done. We had a motto: If it doesn’t suck, we don’t do it.” www.lifehunt.org

How to Manage Someone Who Thinks Everything Is Urgent
“We’ve all been in situations in which we couldn’t wait for a slow-moving or overly cautious employee to take action. But at the other extreme, some employees have such a deep need to get things resolved that they move too quickly, or too intensely, and make a mess. They may make a bad deal just to say they’ve made it, or issue a directive without thinking through the ramifications just to say they’ve handled a problem decisively. www.gensleron.com

Americans More Gung-ho About Economy in August, Consumer Sentiment Survey Shows
Republicans, and to a lesser extent independents, have been the most optimistic in 2017, though Democrats aren’t as gloomy as they had been. The economy continues to pump out thousands of new jobs each month, the unemployment rate is at a 16-year low and Americans are better off financially than they’ve been in years.”  www.marketwatch.com

Why Millennials Have A Complicated Relationship With Travel
“Millennials seem to have found themselves in a tricky spot. The more they follow the axiomatic advice to “stop and smell the roses,” the more frequently they’re accused of malaise. The more they discuss practical solutions to enduring problems, the more they’re labeled as “entitled.”

So it’s not going to help their predicament any to learn that millennials seem to value travel more than previous generations. Cue the accusations of being “discontent” with their work and home lives.

The truth is, both science and common sense drive home the importance of broadening our horizons, which sure makes it seem like millennials know something their elders may not. So let’s dive into the surprisingly nuanced conversation emerging about millennials’ relationship with travel.” 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

August 7th, 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!

Inside Uber’s New Approach to Employee Performance Reviews
“In the past, it was like, ‘this is what you’re good at, this is what you’re bad at, here’s a score,’ ” Uber Operations and Logistics Manager Nicole Cuellar told me.

Cuellar, one of the 600 employees who participated in Uber’s focus groups on reimagining the performance-review process, described Uber’s T3 B3 process. T3 B3s, which Cuellar referred to as “Travis’s brainchild,” detailed an employee’s top three qualities/strengths and the bottom three things one could improve on.

“It was this very exhaustive process of putting on paper what you’re good at and what you’re not good at and, in particular, in context of our cultural values,” Cuellar said.

Some of Uber’s cultural values entail “Always Be Hustlin,’ ” “Toe-Stepping” and “Let Builders Build.”

“Hustling meant being dependable and working hard,” Cuellar said. “Being an owner, not a renter, meant you took your work seriously and didn’t ask a million questions when executing.” www.techcrunch.com

What You Can Learn From Jeff Bezos About Building For The Future
“I very frequently get the question: ‘What’s going to change in the next 10 years?’ And that is a very interesting question; it’s a very common one. I almost never get the question: ‘What’s not going to change in the next 10 years?’ And I submit to you that that second question is actually the more important of the two — because you can build a business strategy around the things that are stable in time.” – Jeff Bezos, Amazon CEOy.” www.forbes.com

You Are Considered a Consumer, Even at Work
“Design is facilitating the acceleration of an experience-driven world by creating places that bring new people and ideas together. In an era where technology is propelling—and sometimes hurling—us forward, convention is unimpressive. Connecting with people on every level—their values, priorities, emotions and intellect—is necessary as their journeys unfold. www.gensleron.com

The Fabulous Life of Google Cofounder and Alphabet CEO Larry Page
“Larry Page is one of the most powerful people in the world.

The quirky, soft-spoken computer scientist cofounded Google with Sergey Brin in 1998 and now, almost 20 years later, still runs its parent company, Alphabet. So who’s the man behind Google and how did he get to where he is today?

Here’s his story.” www.businessinsider.com

Could A Bus With Sleep Pods Replace Airplanes?
“If you ever have to travel a long distance — say, Washington, D.C., to Atlanta, Detroit to Chicago, San Francisco to Los Angeles — you might be stuck with only bad options: a flight from an airport with chronic delays that’s hard to get to, or an Amtrak train ride that costs three times as much as a flight.

Well, now there’s a new option on the horizon: a double-decker bus with pods for sleeping. It’s called, simply, Cabin. It’s an overnight service — like a red-eye — designed for people who love going places, but hate being in transit.” www.npr.org

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

Ken