If there’s one theme that runs through this year’s Professional Remodeler Design Awards, presented this month, it’s practical. After years of seeing over-the-top remodels that, frankly, didn’t always make a lot of sense (does anyone really need a $250,000 bathroom?), it’s a refreshing change.
Look ma! The war cry for young show offs world wide. I’m sure you have had a “look ma” moment or two in your life. I don’t know about you but mine typically ended with skinned knees and tears.
In the past month I have had the opportunity to present to and spend time with two different groups of 25 successful, independent lumber & material dealers. These suppliers have weathered the storm and although bruised and battered are still alive. In each one of their markets, significant competitors have been fed through the proverbial chipper and are no more. These survivors are smart, savvy business people. I was impressed by their dedication and knowledge, both of their operations and about how builders work.
Recently, there has been a lot of press about football player’s compensation. Specifically, many of the new contracts written for superstar quarter backs have had press showing over $100 million to several hundred million dollar packages. What the press doesn’t tell you is the compensation is made up of a relatively smaller fixed salary with a huge variable incentive plan. Our industry could learn a thing or two regarding this sports model of compensation.
Jane McNamara is a tech-savvy CEO of a non-profit agency in Michigan. In February of this year, she bought a second home in Florida from Bonita Springs, Fla.-based WCI Communities. When she signed the contract, the sales agent handed her an iPad preloaded with MyWCi, an application that organized all of her home-buyer documents and gave her instant contact with all of her WCI contacts. It put a host of information at her fingertips and allowed her to share photos and news about her new home with family and friends.
Both my grandfathers were self-made men who did well during the Great Depression and retired quite comfortably, if not wealthy by today’s standards. Each began with an 8th grade education and nothing backing them up but grit and determination, and each feeling graced by having survived serious crashes on Indian motorcycles. My mother’s dad started as a packing boy at General Electric in Youngstown, Ohio at age 15 and retired at age 65 as plant general superintendent. Fifty years of service with one company. Just imagine. He had a lot of plaques on the wall thanking “E.
I have been fortunate enough to be working with Jeff Rutt and Matt Collins from Keystone Custom Homes, Perry Bigelow from Bigelow Homes, and several other great folks on a housing solution for Haiti. The overriding concept is to help alleviate the housing crisis by providing qualified Haitians with Micro Loans and assisting them in building their own house. The passion and commitment for this cause is infectious. It has been, and continues to be, a very rewarding experience.
I recently conducted an online survey of over 1200 home building employees. The survey asked the question,” If the US market was good today, would you strongly consider leaving your current employer”? The options in answering this question were; 1. In a Heartbeat 2. Yes 3. Maybe
In a recent discussion regarding the impact of quality on the ASQ Design & Construction Division Linkedin Group, a member made the comment that ‘everything made by man is defective.’ Of course this is correct, we cannot create perfection. It was a wonderful comment and it made me ponder perfection in construction and to think of some of the world’s most ancient and iconic buildings and be reminded of just how long quality and construction have been associated.
In every industry I have worked in, Communication seems to be the common denominator, of dysfunctionality. We write books about, train our leaders on it and spend countless hours using technology today to attempt to convey our thoughts. Sadly though, the form outweighs the substance. When I am involved in a consulting project involving the people of an organization, the number one issue that surfaces is the confusion, misinterpretation and anxiety surrounding communication.
Eric Tiffin our magically talented Project Manager brought up the idea of writing about point loads this week. My first thought was that there may not be much to write about with this topic. He convinced me otherwise.
You know that phenomenon where you hear a reasonable sounding, logical guy armed with facts that presents an convincing analysis of a problem and his solution and you think, “You know, he’s right” … and then you hear another logical guy armed with facts that presents a totally contrary analysis of the identical problem and a completely different solution and you think, “Whoa, wait a minute … HE is right … I think … maybe.” So now you don’t know who to believe and then it occurs to you that had you heard just ONE of these two guys, you’d be in his camp, probably quoting him to your friends,
Wisdom is timeless, which is why two Harvard Business Review articles published in 2001 and 2008 are still as valid and thought provoking today as when they were published. (The references to the papers are listed at the end of this blog.) In an economic crisis and industry downturn Rigby considers that there are three phases and critical dos and don’ts to be aware of in each stage. Reflect on how you reacted in phases 1 & 2 and how you plan to react as phase 3 emerges. 1. Storm clouds gather. Don’t act as if the storm will blow over.
From 1979 to 2001 I worked in high level positions within corporate America. I was always surprised over the number of consultants that called offering their advice, solutions and their roadmap to success. So in 2001, when I decided to broaden my scope nationally and offer my consulting services. I was always very conscience of my approach. Initially, I actually had CEO’s tell me that they felt I was more interested in the sale than I could ever be about their success. This was a certain wake up call.
For over 30 years I have worked with executives that indicate they are interested in improving their skills, leadership ability or their overall company performance. About two thirds of that time was as a corporate officer and the balance as a consultant. In the old days, exploring the strengths, areas of development and desires of the executive wasn’t called coaching. In fact, many executives at that time would have taken offense to the term.
As a consultant, I literally spend 30 hours a week on the phone with builder owners, CEO’s and senior level staff of Home builder’s, Real Estate Brokers and Land Developers. My approach on every call is to build a relationship and determine the pain points that keeps these executives up at night.
The latest numbers from the Census Bureau confirms what we've all been seeing: more people are doubling-up. Whether it's getting a roommate or recent grads staying with their parents, more people are living together than in the past. Some 30 percent of households are doubling up, up from 27.7 percent in 2007.
Lean savings that go direct to the trades don’t reduce the builder’s costs, right? If this is your belief, there is no greater obstacle to becoming truly Lean. I once heard a purchasing manager say in regard to the many extra trips the lumber company was making on the builder’s behalf, “So what? Those are his costs and they don’t count for us.” If you are hoping to crack the code on Lean, you have to acknowledge that a dollar is a dollar is a dollar, and no matter where it falls, it is important and it counts.
We all have our eye opening moments in life. When I was 17 my dad would often remind me to keep checking the oil in my 72 Bonneville. I did check the oil frequently (in my mind anyway) for a while. It was only after the old workhorse left me stranded on the expressway with a thrown rod that it dawned on me that running out of gas (an activity I participated in much too often) was quite a bit different than running out of oil. During the struggle to get to school, work and figure out how to pay for another car was when the lesson really sank in.