October 16th, 2017
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!
A Survey of How 1,000 CEOs Spend Their Day Reveals What Makes Leaders Successful
“On average, about one-quarter of CEOs’ days are spent alone, including sending emails. Another 10% is spent on personal matters, and 8% is spent traveling. The remainder (56%) is spent with at least one other person, which mostly involves meetings, most of which are planned ahead of time. About one-third of the time CEOs spend with others is one-on-one; two-thirds is with more than one other person. (This data includes a CEO’s entire workday, not just time in the office.)
The most common departments for CEOs to meet with are production (35% of time spent with others), marketing (22%), and finance (17%). The most common meetings with outside functions are clients (10%) and suppliers (7%).” www.hbr.org
On average, about one-quarter of CEOs’ days are spent alone, including sending emails. Another 10% is spent on personal matters, and 8% is spent traveling.Click to tweet
The Coming Software Apocalypse
“It’s been said that software is “eating the world.” More and more, critical systems that were once controlled mechanically, or by people, are coming to depend on code. This was perhaps never clearer than in the summer of 2015, when on a single day, United Airlines grounded its fleet because of a problem with its departure-management system; trading was suspended on the New York Stock Exchange after an upgrade; the front page of The Wall Street Journal’s website crashed; and Seattle’s 911 system went down again, this time because a different router failed. The simultaneous failure of so many software systems smelled at first of a coordinated cyberattack. Almost more frightening was the realization, late in the day, that it was just a coincidence.” www.theatlantic.com
Ken Burns Talks About Leadership, Productivity and Achieving Immortality Through Storytelling
“Award-winning filmmaker Ken Burns is responsible for such genre-defining and genre- defying documentary series as The Civil War, Baseball, and Jazz, to name a few. As he and collaborator Lynn Novick prepare to debut their new 10-part documentary film series The Vietnam War on September 17 on PBS stations nationwide, we spoke with the tireless documentarian about leadership, productivity, managing gigantic projects and how to achieve immortality through storytelling.” www.entrepreneur.com
The Surprising Power of Online Experiments
“At a time when the web is vital to almost all businesses, rigorous online experiments should be standard operating procedure. If a company develops the software infrastructure and organizational skills to conduct them, it will be able to assess not only ideas for websites but also potential business models, strategies, products, services, and marketing campaigns—all relatively inexpensively. Controlled experiments can transform decision making into a scientific, evidence-driven process—rather than an intuitive reaction. Without them, many breakthroughs might never happen, and many bad ideas would be implemented, only to fail, wasting resources.” www.hbr.org
This Is What Happens When You Reply to Spam Email
Suspicious emails: unclaimed insurance bonds, diamond-encrusted safe deposit boxes, close friends marooned in a foreign country. They pop up in our inboxes, and standard procedure is to delete on sight. But what happens when you reply? Follow along as writer and comedian James Veitch narrates a hilarious, weeks-long exchange with a spammer who offered to cut him in on a hot deal. www.ted.com
Your success blesses others. I wish you a great a hugely impactful week!