Monday, May 21, 2012

 

Teamwork on the Fly
Shaping a Collective Ambition
The Growth Outliers-Our Clients
Ketchup, Chips, Deodorant, Soap…..Real Estate??
Defining A Successful Deal Closing
Who Moved My...???
Knowledge versus Practical Wisdom
To Run or Not to Run…That is the Question.

 

If you watched the 2008 Olympic Games in Beijing, you may remember the extraordinary water cube where all swimming and diving competitions were held. This cube won prestigious engineering and design awards and cost and estimated 10.2 billion yuan. It could accommodate up to 17,000 spectators and was covered with semitransparent eco-efficient blue bubbles.
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Some companies come through hard times stronger than ever. As I was perusing a recent issue of my favorite magazine—you guessed it, Harvard Business Review—I found an article that touched on three companies that have beaten the odds through growth, productivity, and healthy profits.

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Recently, Lawrence and I were calling on a national firm, who has been more than successful over the $1 billion mark. The innovation, coupled with the operational excellence and the mixture of consumer insight research and execution, has created a future of success for their current and future growth. As Lawrence and I make an effort towards consultative selling excellence, we know the importance of understanding what kind of company we are engaging. I do not mean just understanding their industry, what they sell or how they are organized, but a more in depth understanding of what their strategic growth platform looks like, how they intend to grow over the next 10 years (implementation of growth characteristics), how will their growth or the growth of others effect other industry leaders….

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The audacity to know what your customers want before they do, delivers an inference of not listening to our clients to a point of understanding their needs. However, the authors of the HBR article entitled Know What Your Customers Want Before They Do, states that advances in IT, data gathering and analytics allows us to deliver propositions, ideas, strategic influences better than what our client advises...

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The point of differentiation in business, I believe, is one of the key ingredients to achieving success against a competitive landscape. I further believe and have experienced throughout the years, this is one of the core objectives of our clients, local, national and abroad. As the competition deepens and the “plot thickens”...

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Yes, there is an electrifying synergy between consumer Product Company’s and corporate real estate transactions/consultative services.  As consumer product companies are growing their current portfolio through global acquisitions to meet revenue growth objectives; real estate professionals can play a huge part in this growth strategy if we broaden our ideas and sharpen our focus.

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For the past 24 months I’ve had the great privilege of working in the commercial real estate industry (after years in the corporate world on the user side of things). Many questions have come to mind during meetings, negotiations, and strategy sessions. One thing that has particularly intrigued me is the definition of a successful deal closing...

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Some of you may remember, approximately 12 years ago a book was released entitled “Who Moved My Cheese?” The author did a great job at symbolizing the reluctant change of an organization by using mice. The book brought humor to the obstinate behavior employees may exhibit if an organization is implementing change.
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You will notice most of my blog entries will contain a reference to the Harvard Business Review (HBR). Not only do I enjoy reading the HBR from front to back, but this is where my brain storming begins as I try to think of innovative ideas in order to help corporate executives reach year end objectives with excellence/success. In addition, I gain insight into the corporate challenges plaguing our Corporate Real Estate (CRE) executives as they try to achieve year end goals in an organization that often times views them as a corporate liability versus an asset.
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As the start of the LBJ Tollroad Project nears, I wonder about the impact it will have on the tenants and owners of properties along 635 between I-35 and I-75. You may recall the fear placed in the hearts of many as the High Five project was announced.  
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