A recent TechCrunch article suggests that if businesses don’t pay attention to the growing AI trend, they’ll find themselves playing catch-up for years. I couldn’t agree more! We are at a “tipping point” —as Malcolm Gladwell wrote so elegantly in his bestselling book. A timely and great read for where we stand in the evolution of our industry.
In 2006, Google hired Stacy Sullivan as Chief Culture Officer, and the C-Suite was changed forever. Okay … that might be a bit dramatic, but bringing someone into the C-Suite whose sole duty was to keep a watchful eye on culture was revolutionary at the time. They were disruptors. They knew that not only was technology changing at the speed of light, but people were to.
Doesn’t it seem like we’re always talking about Millennials? If you had any doubt —we should be. They’re impacting everything from the workplace to grocery shopping … I’ve even made a proclamation not to use the “M” word any more because, frankly, I’m sick and tired of hearing the word. That’s how important they are.
In any company, the C-Suite often has high hopes for data and analytics integration —as it’s just good strategy and can have a positive impact on revenues, margins and efficiency. But, a recent McKinsey Global survey suggests that the involvement and buy-in by senior executive leadership is more crucial to the success of these programs than one might think.
You know marketing is a key driver of success for your business in commercial real estate, but do you know how to measure it?If you haven’t figured out how to quantify your marketing efforts, you are at a massive disadvantage.
Richard Branson once said, “We have two ears and one mouth, using them in proportion is not a bad idea.” — I think we can all benefit from reading that sentence again.
Whether you’re a C-Suite executive or are trying to move up the ladder, brilliant ideas can be found in the most unlikely places —and you won’t hear those ideas unless you’re listening.
The emergence of Pokemon Go has drawn a lot of attention to the potential of augmented reality and other technologies that seem to blend the real and virtual worlds. These ideas have been floating around for a while, but it looks like practical uses are being found that will have an impact on all of us, beyond gaming. And they take the market by storm. I was out to dinner with my daughters and when we left the restaurant they started chasing the Pokémon and it ended up that there were over 50 kids running around in virtual world. (Some not even looking for cars when crossing the street!)
Larry Schachter has spent three decades in the real estate industry. For the last fifteen years, he’s held senior technology roles at Tishman Speyer, Acadia Realty Trust, and CompassRock Real Estate LLC (the former manager of Stuyvesant Town/Peter Cooper Village in NY). Larry recently took on the role of Principal in the New York Office of Open Box Software. Open Box has a 15 year history of providing custom software and technology services exclusively to the Real Estate industry. The company is based in Cape Town, South Africa.
The one economic reality that so many twenty-somethings are facing is student debt. Americans currently owe $1.3 trillion in student loan debt, spread out among about 44 million borrowers. In fact, the average Class of 2016 graduate has $37,172 in student loan debt, up six percent from last year. These people will start their careers with an Average monthly loan payment of $351.
You may not have noticed yet, but Amazon just reinvented the entire retail and payments experience with the introduction of Amazon Go. The system combines technologies like Artificial Intelligence, machine learning, sensors, and image recognition to eliminate things like checkout lines and shoplifting. Next up … robots will push your cart and bring the groceries to the car, and maybe even shine your shoes when you're there! (Remember the movie I, Robot?)
The way we work is in the process of transformation (or maybe even in disarray). Uber, Airbnb, and other freelance gigs are becoming more common, expanding our ideas about just what it means to have a job.
Does creative office design make you better at your job? The answer depends on who’s doing the creating. A flexible work environment can boost productivity and also aid in retention, but only if the people who work there feel some sense of control and autonomy.
While this blog title needed the millennial reference, if you’ve followed this blog for awhile you know I’ve made a conscious effort not to say the word Millennial anymore and here’s why. Back to the story …
According to business experts, building a digital culture has emerged as a key challenge for companies looking to thrive in the modern business era. So, this sounds like something we should be talking about.
How and where we work are constantly evolving. In the twentieth century the workplace morphed from a large room lined with benches to specially designed spaces with separate rooms and areas for different people and functions.
We read a lot these days about the priorities of the Gen Y generation, and we’d do well to pay attention. (Do you remember my proclamation to never use the word “millennials” again?) The White House reports that Gen Y now represent over one-third of the U.S. population, making them the largest demographic group. They make up the majority of our current workforce, and have some significantly different attitudes and expectations from generations who came before.
When it comes to devices and gadgets, there can be a fine line between having things that enhance your life and being ruled by your electronic assistants. A useful gadget is one that helps you do what you do –with fewer interruptions, greater efficiency, and minimal glitches
In theory, we all understand how important it is to operate from an understanding of our most basic goals, values, and mission. Most companies have these. Most companies create them in their early days, as a guide for development and strategy. Most companies give little thought to how their values and goals change over time, and though they understand that revisiting them is an excellent idea, it’s not generally a high priority, and it rarely gets done.
It won’t be news to you that tech jobs offer some of the best compensation around. Continued high demand for workers in these fields means that the pay continues to improve. The data are showing that salaries for occupations in the tech sector are growing much faster than wages overall.
E-commerce is a ubiquitous part of retail today, and it’s having a profound impact on the supply chain. Specifically, it’s creating a heavy reverse flow. Many online retailers offer free shipping and returns, and this encourages more purchases, but it also greatly increases the number of returns.