Remember the Basics My partners and I are in a fascinating line of work. Every day we get to talk to interesting people from across the country about what's going on in our industry. Here're some things we've run across lately that may help you on the HR side.
Skill or Capacity? Too often we are focusing only on our skills: what we have or what we lack. We invest tremendous time, money and energy developing new skills and abilities which is important and a vital part of growing as a professional in any arena. But that alone will not solve some of the major issues of growing your business to the next level of success.
Product Review: Software Here is an overview of current software on the market for various facets of the home building industry.
Hidden Talent Standard recruiting procedures are great for finding standard-issue employees. But finding great talent requires something better — and the key is to not wait until you have a particular staffing need. Recruitment is an ongoing process of scouting talent, networking and creating a reputation as a great workplace with current employees, trades and subs.
Employee Perks That Work Few things have kept pace with the rapid growth of our industry as much as employee compensation. Bonus programs tied to division or company profitability have generated unprecedented compensation levels. As the housing boom subsides and begins shrinking this year's bonus checks, the focus on compensation will take on a new tact.Namely, how do you attract and/or retain great people who have become accustomed to such extraordinary income opportunities?
Self-Induced Labor Pains The medical and home-building industries have at least one thing in common right now: the debate over self-induced problems. The medical community is at odds over just how much physical illness is self-induced. Similar to medicine, our industry is at odds about how much we have brought on ourselves.
The Power of Meetings So what's the big deal with meetings anyway? You meet with your subcontractor/carpenter to start a new project. Depending on the size of your company, you also meet with your office manager, sales people, production manager and possibly your staff accountant, marketing manager or even your general manager.
Maintaining Good Tradespeople Whether your craftsmen are employees or trade partners, it's always a challenge to find and keep talented, reliable people. Tom: One of the top challenges we have today is how to maintain good craftsmen. Mostly we're going to talk about production people and today's challenges of labor, whether or not they're employees or subcontractors.
Community Development Professional Builder Editorial Director Paul Deffenbaugh lists a variety of ways how builders can help sustain the communities where they build.
In-House Architects: Yes or No? Whether you use an in-house architect, outside source or home designer, there are benefits and problems. This month's discussion deals with the good, bad and ugly of those different options. Jud: We're talking about the pros and cons of using an in-house architect. Chris, do you have an in-house architect? Chris: No we don't — we're a design/build firm.
Abundance or Scarcity? Have you ever been amazed by people who seem to accomplish so much in business yet still find time for family and give their time, talent and treasure to help others? These types of people have made such a positive impression in my life. I ask myself, "How do they do it with such confidence and at the same time be so genuine and caring?" You can just tell they are the real thing and...
The Truth About Valuations First in a two-part series: You can't chat with a group of builders today without hearing about slowing sales, and the industry is anticipating a prolonged period of softer market conditions. This two-part series will explore the impact of valuations on home-building companies. In this issue, we debunk valuation myths and discuss how a softer market affects valuations.
School District, Developers Collaborate Instead of butting heads with local schools, developers Hillwood Residential and Mabrey & Partners, both of Dallas, partnered with the local district to help meet the quickly growing needs of the community.
Shopping Software How to select off-the-shelf software that is customized for your business applications.