FOCUS
ON A TURNING ECONOMY
Premise:
In
order to take advantage of the turning economy,
please consider taking a few opening steps,
including:
* Build
a working check-list tailored to your
circumstance NOW
* Develop
a Core Team (managers plus advisors) focused on
opportunities
* Two
sets of eyes for every important
effort
* Convert
concepts to Plans and Plans to working sequences
with ownership and measures
* Work
to a Calendar (more on this in the article to
the right)
Include:
* Review
of what worked best and worst AND WHY in the
past 5 years
* Give
special / focused attention to the year that was
the most difficult
* Seek
out feedback from your clients and
allies
* Reach
out on the internet for examples and models of
what other groups both similar to you and also
with significantly diverse interests
accomplished
Special
Note:
If
many of these sound similar to elements of
sequences advanced by TRG over time, that is a
reflection of how important it is to convert
theory to action NOW, while prospects are
opening. Of all of these USING THE
CALENDAR to drive a written plan forward is of
the highest magnitude. (Yes important enough
that we are saying it four times in this
Newsletter.
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"GOT
ONE OF
THOSE"
Groups
of leaders are complex creatures. While
their purpose is to make central decisions,
there is a universal balancing act between
Boards of Directors and Executive / Managerial
Leadership. Often the result of an
imbalance is this: elements will be
discussed, targeted results will be written and
activities may even be initiated... until
everything stalls.
If
there is one key method for assuring that key
ideas, developed by leaders in concert, are
moved forward toward success, it is applying a
working calendar to ALL decisions leading to
action.
Unfortunately,
one of the greatest barriers to success for many
groups is the existence in writing of plans and
policies that are neither understood nor
actively followed. If the answer to the
question “Do you have Plan?” is “Yes,
we’ve ‘got one of those… somewhere’” then the
group is at risk.
Criteria for a
Plan Management
Calendar:
* All
named intended outcomes are given a targeted
Measure and Timing
* An
Owner with commitment to report individual
initiatives at designated
intervals
* A
Monitor / Owner for the working
Calendar
* Conversion
of concepts into active Plans and active Plans
to working sequences with ownership and measures
for all parts
* Composite
review of outcomes at designated intervals
(generally at least quarterly)
The
act of planning resulting in written intentions
is a powerful stimulus for development of
everything ranging from businesses to charitable
interests to community
development.
Conversion
to a Calendar-based review system will help keep
complex and valuable intentions on
track.
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Focus
on the
Future Guest
Predictions: Lauren
Oakley
Schwenk
Guest
Predictions is a regular feature in which we ask
leaders in a number of professions a set of
questions that affect us
all. Lauren
Oakley Schwenk is the CEO and President of
Oakley Rhinehart Cassidy, LLC, a real estate
investment, development, and management company
in Central Florida. As a young
professional, she is actively involved in her
community and seeks to engage other young
professionals to be retained in the area.
As a result of her role on various boards and
professional committees, she was the recent
recipient of the Polk Emerging Leader Award for
young professionals in her
region.
Q:
What do you see as the key emerging uses of the
internet in Housing
Development? A:
The internet has given us greater access to
sales data, mapping capabilities, property
information, upcoming job drivers, and has
allowed us to stay ahead of housing trends in
areas that are rebounding
quickly. Q:
What surprising applications of the internet
have you found in Housing
Development? A:
The use of Smartphone apps has been an
incredible tool in researching and contracting
for land. One app in particular lets us
pull-up next to any property and gives us
property appraiser, land use, flood plain and
sales data within
seconds. Q:
What have been the "Best Uses" of the internet
for you in Housing
Development? A:
The sheer amount of reliable data that is
available at our fingertips and in relation to
the rapidly changing real estate
market. Q:
What should be avoided when dealing with the
Internet in Housing
Development? A:
There are many times when using the
internet will not come close to replacing face
to face discussions with the personnel or
leaders of state and/or local governmental
entities. Q:
Which next steps might you recommend for all of
us to take in Housing
Development? A:
The entry steps are difficult but
cannot be short cut. There are many land
owners who find the way appearing to be blocked,
who might be best served to ally themselves with
those who have been down the path.
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Marc
Chinoy
President's
Letter
THERE
IS A
SEASON
Yes, the
economy is turning.
Does
this mean it is time to jump at every reasonable
(appearing so) opportunity in front of us.
No... The opposite is
true.
While
there is high value in acting on current (and
hopefully continuing) shifts, the steps to
systematically assess and plan how to take
advantage of the turn, can be the difference
between quick action that feels right and a
steady push into the next round of business
development. It is also of the highest
value to build these efforts into a calendar of
measure and review.
Both
articles to the left speak to these ideas. Each
in turn is connected to extended versions of
these development areas on our
website.
Given
the special opportunities of these times, our
team is also preparing a special newsletter for
Mid April to be focused on what you, as a part
our network of friends, believe to be ideal
targets for that push.
We
welcome hearing from you what you think may be
emerging, provided in the form of a focused
sentence and aimed at best steps to take
advantage of this rare
opportunity.
Please
remember:
“And
a time to every purpose” with this
as the time to be
planning.
Best,
Marc
Paul Chinoy!
_________________
BizSpeak!Winner
of the Month:Guy
Blumberg "Everything
Is Hunky
Dory" Definition:For
All Intents And Purposes, the Universe of
Activities that surrounds us is, for the moment,
In Good Shape. Related
Terms:A-O.k.,
Baseline Cool, Neat-o, In the
Pink How
it Sounds:"Jennifer
was Bopping Around with a Big Smile Pasted on
Her Face because the Seattle deal was completely
Hunky Dory!" Don't
forget to send us your BizSpeak to:
infotrg@regisgroup.com Click
here to check out the BizSpeak
book!
___________________
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