Bookmarks: 5 Interesting Articles That May Help You This Week

December 18th, 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!

Tax Overhaul Could Be Big Win for U.S. Real Estate Investors
“Owners and developers of commercial real estate stand to gain from a new tax break for “pass-through” entities, which don’t pay corporate tax but instead pass income through to their owners’ individual tax returns, according to the report, by Cushman & Wakefield Inc. The House and Senate have reached a tentative agreement to create a 20 percent deduction for pass-throughs, which the report notes are responsible for 61 percent of investment in U.S. commercial real estate.” www.forbes.com

If You Aspire to Be a Great Leader, Be Present
“..he came to understand that, even though he was in the same room with someone, he wasn’t always fully present. He let himself become preoccupied with other activities or let his mind drift to other things. And, most of all, he’d listen to his inner voice when someone was talking. Because of his lack of presence, people felt unheard and frustrated.

Our inner voices are the commentaries we lend to our experiences. They often say things like, “I wish he would stop talking.” Or, “I know what she’s going to say next.” Or, “I’ve heard this all before.” Or, “I wonder if Joe has responded to my text.”

To truly engage other human beings and create meaningful connections, we need to silence our inner voices and be fully present — and being more mindful can help.” www.hbr.com

The End of the Office? How Working From Anywhere Is Changing Everything
“When I tell people that I work from wherever I want, whether it be home or a friend’s office, I am generally met with a bit of scorn or a response that points out how “lucky” I am. Actually, I’m just getting to experience what millions of people are already living: the mobile office.

Office space has undergone marked changes in the past few decades, with wooden desks being replaced by customizable cubicle walls and desks, then shifting to many of the new open-office designs we see now. This evolution is continuing as businesses realize that mobile technology is keeping workers away from the office more than ever. Here are some of the ways we are seeing the change.” www.inc.com

The Future Of Home Business Technology
The idea of a physical workplace is being replaced by the idea of conducting businesses from your own home. It’s easier now — we can create a virtual office and marketplace through the internet. You can take care of all aspects of the business from home and find the right balance between personal and professional life. 

Not only do home business owners save time and energy, but they are putting technology to the right use.” www.inc.com

Not Driving to Work Is the Hot New High-End Job Perk
“The percentage is down a little for lower- and middle-income workers since 2005, although it’s hard to detect much of a trend in either direction since the last recession. Among those making $75,000 or more, though, there’s been a significant decline since 2005, and it is continuing. Just as a reality check for Bloomberg’s many well-remunerated readers: Only 18.4 percent of U.S. workers made $75,000 or more in 2016, according to the ACS; the median was $35,815. (These numbers are all for individuals; median household incomes, also released last week, are higher.)

So while a big majority of higher-income workers still drives to work, that percentage is shrinking in a way that it isn’t for lower-income workers. How are those higher-income workers getting there instead? Well, public transportation…..” www.bloomberg.com

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

Ken

 

Bookmarks: 5 Interesting Articles That May Help You This Week

December 11th, 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 Amazon’s Jeff Bezos Made One of the Toughest Decisions of His Career
“I went to my boss and said to him, ‘You know, I’m going to go do this crazy thing and I’m going to start this company selling books online.’ This was something that I had already been talking to him about in a sort of more general context, but then he said, ‘Let’s go on a walk,'” Bezos relates.

After two hours strolling Central Park and talking, Bezos’s boss impressed upon him that, even though his business idea was solid, he had a lot to lose. “He convinced me to think about it for 48 hours before making a final decision,” Bezos reports. “So, I went away and was trying to find the right framework in which to make that kind of big decision.”

His wife said she was happy to support him either way, so she couldn’t be the deciding factor. What could be? Bezos settled on the idea of “regret minimization.” www.inc.com

The Technological Race to Find You a Place to Park
“Technology has already started to solve the problem of squeezing into a space, with automatic parking features taking the pain out of parallel parking. Now it is trying to solve the other headache: finding a spot in the first place.

A slew of apps can predict where on- and off-street spaces will be available, direct you to them, reserve a space and let you pay for the spot through your smartphone. And manufacturers are beginning to add those capabilities to their vehicles’ navigation screens. BMW, one of the first to do so, is making the functionality of the Parkmobile app available through the navigation system on many of its 2018 models.” www.nytimes.com

Why Do We Still Commute?
“It’s true that, since the rise of the Internet, we report we are working from home more than we did before. But computers and smartphones didn’t replace the office—they’ve just kept us tethered to it when we’re not there. The vast majority of us still travel to work most days: only about 2.8 percent of the total workforce says they work from home “at least half the time.” It’s a reality reflected in commuting data: Since 1980, when the U.S. Census Bureau started collecting data on this issue, the average daily commute of Americans has increased roughly 20 percent, with the typical worker now commuting over 26 minutes each way.” www.citylab.com

Six Workplace Trends For 2018
“Technology has significantly impacted business models in nearly every sector,” Said Alan Stukalsky, chief digital officer, Randstad North America. “The growing STEM skill shortage, AI both disrupting and creating jobs and talent driving a shift toward agile work arrangements is a lot for employers to keep up with. It requires progressive thinking to find talent and meet short and long-term needs. We’re still in the Infancy of most of this, but digitization will advance the pace of change in the labor market and workforce in 2018.” www.facilityexecutive.com

Demand for New Jersey Warehouse Space Skyrockets
“The online-shopping craze that is tying up package delivery-systems around the U.S. is sparking a frenzy in New Jersey’s commercial real-estate market. Despite a feverish pace of construction in recent years, tight inventories and surging demand are driving rents for New Jersey warehouse space to new highs, according to a report.” www.wsj.com

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

Ken