Book of the Month: The Four Obsessions of an Extraordinary Executive

Book of the Month: May

The Four Obsessions of an Extraordinary Executive

by Patrick Lencioni

Like every Patrick Lencioni book I’ve read, The Four Obsessions of an Extraordinary Executive takes the form of a fable to impart Lencioni’s unique take on leadership. The crux of Lencioni’s message is that organizations attain their greatest health, and by extension, profitability, when the leaders of those organizations simplify, streamlining those areas to which they devote their attention and efforts, almost to an extreme degree. He identifies four key disciplines which warrant the focus of extraordinary executives:

1. Build and Maintain a Cohesive Leadership Team – Among other things, this involves creating a culture of vigorous debate to ensure that leadership teams do not suffer from their own insulation. Too often, debate is viewed as a sign of conflict, rather than what it really can be–a critical part of the decision-making process, necessary to ensure that issues are viewed holistically and approached strategically.

2. Create Organizational Clarity – Organizational clarity can be defined through establishing answers to the following six questions:

1. Why does this company exist?
2. How should we behave?
3. What do we do?
4. How will we succeed?
5. What is most important right now?
6. Who must do what?

Answers are intended to be succinct. Lencioni does not speak of mission statements, but for many companies the answers to these questions would be an extension of mission, vision and value statements.

3. Over-Communicate Organizational Clarity – According to Lencioni, the extraordinary executive ensures that answers to the above questions pervade the organization such that whether it be the CFO or the mail room attendant, each team member can clearly understand and espouse what amounts to the company’s most fundamental tenets, mission, and methods. This is how organizational unity and cohesion take root.

4. Reinforce Organizational Clarity Through Human Systems – This is where the rubber meets the road. Processes must be established to ensure that new employees are never hired without strong alignment to the organization’s fundamental values. Onboarding these new employees must occur in a systematic way to ensure that the organization’s learned culture is conveyed and absorbed most effectively. Performance review and feedback processes will help to keep individuals accountable to the company’s values and mission.

Executives manage so many aspects of their businesses, that the prospect of devoting focus to as few as four areas might at first seem impractical, if not altogether irresponsible. However, Lencioni makes a strong case that actually the opposite is true. By focusing on these four areas, executives can avoid becoming spread too thin or distracted, and instead devote the lion’s share of their energy to only those areas that will have the most dramatic impact on their company’s health, and by extension, the bottom line.

Clint Hardison

Reviewed by Clint Hardison

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20 Exceptional Company Boardroom Areas

The boardroom. It’s where the magic happens and decisions are made.

What does your boardroom say about your company? Do glass walls hint at the transparency that exists at your organization? Does the decor demand professionalism and reflect the classiness of your company? Or does your company opt for a quirky look to symbolize the informal atmosphere that exists at your workplace?

Company boardroom areas say a lot about your company. That’s why we’ve compiled photos of company boardrooms from various offices around the world – from Twitter to McKesson – to provide information and inspiration for your workplace.

TWITTER

Twitter Boardroom

PINTEREST

pinterest office boardroom

MCKESSON

mckesson office boardroom

NEW ISLAND CAPITAL

new island capital office boardroom

SEQUOIA CAPITAL

sequoia capital office boardroom sequoia capital office boardroom bridge

SILICON VALLEY BANK

SILICON VALLEY BANK OFFICE BOARDROOM

WORKDAY

workday office boardroom

LINKEDIN

linkedin office boardroom

ADSTAGE

Adstage Boardroom

IRON CONSTRUCTION

IRON CONSTRUCTION BOARDROOM

ADOBE (UTAH CAMPUS)

Adobe Boardroom

LITHIUM

LITHIUM OFFICE BOARDROOM

MEDIVATION

medivation office boardroom

OPEN TEXT

open text office boardroom

QUORA

quora office boardroom

PATH

PATH OFFICE BOARD ROOM

TANGA

Tanga Conference Room

YAMMER

yammer company boardroom areas

ANCESTORY.COM

ancestry office boardroom

KEYSER

KEYSER BOARDROOM

[Photo Credits]: Custom Spaces

About KEYSER

KEYSER is a cutting edge, commercial real estate advisory firm that exclusively represents global tenants and corporate space users of office, retail, industrial, medical, non-profit, and educational space. Services include Transaction Management, Project Management, Site Selection, Space Efficiency Planning, Capital Markets / Corporate Finance, Lease Portfolio Services, Strategic Advisory Services, Incentives Negotiation, Demographics, and Subleases / Dispositions. Contact us to learn more.

It Couldn’t Be Done

BY EDGAR ALBERT GUEST

Keyser-6Somebody said that it couldn’t be done
But he with a chuckle replied
That “maybe it couldn’t,” but he would be one
Who wouldn’t say so till he’d tried.
So he buckled right in with the trace of a grin
On his face. If he worried he hid it.
He started to sing as he tackled the thing
That couldn’t be done, and he did it!

Somebody scoffed: “Oh, you’ll never do that;
At least no one ever has done it;”
But he took off his coat and he took off his hat
And the first thing we knew he’d begun it.
With a lift of his chin and a bit of a grin,
Without any doubting or quiddit,
He started to sing as he tackled the thing
That couldn’t be done, and he did it.

There are thousands to tell you it cannot be done,
There are thousands to prophesy failure,
There are thousands to point out to you one by one,
The dangers that wait to assail you.
But just buckle in with a bit of a grin,
Just take off your coat and go to it;
Just start in to sing as you tackle the thing
That “cannot be done,” and you’ll do it.

Learn more about the Keyser Culture and how we are driven to do what “cannot be done.”

Making Progress On BASIS Goodyear

BASIS charter schools have been educating students for nearly two decades – and have been doing it quite differently than most other institutions of primary and secondary learning across the nation, and around the world.

BASIS began as one charter school in Tucson, serving mostly low- and middle-income families in central Tucson, with no growth aspirations. After that first school became a huge success, BASIS was asked if they could replicate their curriculum in a new location and find more BASIS-capable teachers. They decided to give it a whirl. Their second school was also an excellent institution. Since then, students at BASIS Tucson (now called BASIS Tucson North) and BASIS Scottsdale have been honored with top national rankings, sky-high OECD scores, long lists of AP scholars, and myriad admissions to top universities. Now, the BASIS education is available to students at 18 schools across the country, with many more to come over the next few years.

Keyser’s Project Management team is currently managing the design and construction of a new BASIS Goodyear campus. Coming in Fall 2015, BASIS is now enrolling grades K-8. The 59,000-square-foot facility near Estrella Parkway between Van Buren Street and Yuma will be the 14th campus in Arizona, with seven in the Phoenix area, two in northern Arizona and four in the Tucson area.

You can learn more about BASIS and the Goodyear campus at http://basisgoodyear.org/ Below are some photos taken April 10th at the site of the new campus.

BASIS Goodyear BASIS Goodyear BASIS Goodyear BASIS Goodyear Construction BASIS Goodyear

ABOUT KEYSER PROJECT MANAGEMENT

Our world class Project Managers guide clients through the often complex and tedious real estate design and construction process. We ensure that the best interests of our client, rather than the landlord or developer, are served from design through move-in, yielding minimal business disruption and ensuring that their real estate projects are delivered on time and under budget. Learn more about Keyser’s commercial real estate project management services.

Servant Leadership Quotes From Selfless Servant Leaders

Before servant leadership became a business model, some of the most well-known selfless service leaders provided timeless words that symbolized their philosophies.

Here are ten servant leadership quotes from world leaders who transformed others through selfless service.

Everybody can be great, because everybody can serve.
“Everybody can be great, because everybody can serve.” – Dr. Martin Luther King Jr.

Freedom consists not in doing what we like, but in having the right to do what we ought.
“Freedom consists not in doing what we like, but in having the right to do what we ought.”
– Karol Jozef Wojtyla

The best way to find yourself is to lose yourself in the service of others.
“The best way to find yourself is to lose yourself in the service of others.”
– Mahatma Gandhi

I stand here before you not as a prophet, but as a humble servant of you, the people.
“I stand here before you not as a prophet, but as a humble servant of you, the people.”
– Nelson Mandela

The miracle is not that we do this work, but that we are happy to do it.
“The miracle is not that we do this work, but that we are happy to do it.”
– Mother Teresa

Doing nothing for others is the undoing of ourselves
“Doing nothing for others is the undoing of ourselves.”
– Horace Mann

I slept and dreamt that life was joy.
“I slept and dreamt that life was joy. I awoke and saw that life was service. I acted and behold, service was joy.”
– Rabindranath Tagore

To give real service you must add something which cannot be bought or measured with money
“To give real service you must add something which cannot be bought or measured with money, and this is sincerity and integrity.”
– Douglas Adams

The measure of life is not in its duration, but in its donation
“The measure of life is not in its duration, but in its donation. Everyone can be great because everyone can serve.” – Peter Marshall

True heroism is remarkably sober, very undramatic.
“True heroism is remarkably sober, very undramatic. It is not the urge to surpass all others at whatever cost, but the urge to serve others at whatever cost.”
– Arthur Ashe

ABOUT KEYSER

We created Keyser to be a new kind of commercial real estate firm that would transform the commercial real estate industry through selfless service. Our goal is to prove once and for all that the most self-interested business strategy in the world is to be of selfless service to others. Hear a message from the founder about the vision and mission of Keyser.

Beef Jerky Outlet Kentucky Coming Soon

Beef Jerky OutletBeef Jerky Outlet

Beef Jerky Outlet to Open First Kentucky Store

Phoenix, AZ – April 9, 2015 – Beef Jerky Outlet is coming soon to Louisville, KY. The franchise recently signed a lease at Old Brownsboro Crossing, located at the corner of Old Brownsboro Road and Chamberlain Lane. Beef Jerky Outlet will join Cabela’s, Red Robin, and Lowes in the center. This will be the first store in the state of KY for the franchise, and is slated to open in Fall of 2015.

Beef Jerky Outlet carries over 200 hundred flavors and varieties of jerky. From classic beef jerky, to chicken jerky, to alligator jerky, there is a flavor for everyone at BJO! The stores also carry a variety of hot sauces, popcorn, and assorted snacks. Learn more

Uber vs Lyft: Comparing Office Space

uber vs lyft

Uber vs Lyft. It’s one of the most heated rivalries in business.

Both companies compete for customers in the car-hailing space. No questions there. What’s often overlooked is that both companies are headquartered in San Francisco and are competing against each other for talent – which has led both companies to invest heavily in office space and culture to attract the best.

In this post, we compare Uber and Lyft’s office spaces, and leave it up to you to decide which office and culture you would rather be a part of.

RECEPTION AREA

First impressions last a lifetime.

The moment a potential client, candidate, or vendor walks through your doors is the moment where judgements are made.

Is this a company I could do business with?

Is this a company I could work for?

Needless to say, your reception area says a lot about your company. Which reception area gives you a good feeling…Uber or Lyft?
lyft vs uber reception area

HALLWAYS

Uber has wide hallways, and Lyft has a secret hallway that leads through a picture of Willy Wonka.
uber vs lyft hallway factor

BREAKROOM + KITCHEN AREA

With Uber’s breakroom and kitchen featured on top, and Lyft’s area featured on bottom, where would you rather have lunch?
uber vs lyft break room kitchen area

COMMON AREAS

(Top) Would you rather lounge out in Uber’s wide and expansive common area, or have a cup of coffee and relax on the couch at Lyft?
uber vs lyft common areas

OVERALL WORKING ENVIRONMENT

Because culture is directly impacted by office space, we’ll end our Uber vs Lyft post with a few images that capture the spirit of both companies. When viewing these photos, think about who both Uber and Lyft are trying to attract as clients and employees. Then, think about your office space and how your setup attracts the right people.

Which company would you rather be a part of?

UBER

Uber Conference Room Uber Office Space in San Francisco Uber Culture

LYFT

Lyft Secret Library Stacy Speer Lyft Lyft Pink Mustache

Photo Credits: eoffice, Lea Suzuki

About KEYSER

KEYSER is a cutting edge, commercial real estate advisory firm that exclusively represents global tenants and corporate space users of office, retail, industrial, medical, non-profit, and educational space. Services include Transaction Management, Project Management, Site Selection, Space Efficiency Planning, Capital Markets / Corporate Finance, Lease Portfolio Services, Strategic Advisory Services, Incentives Negotiation, Demographics, and Subleases / Dispositions. Contact us to learn more.

How Site Selection Services Create Value For Tenants

Site Selection Services

If you’re searching for office space, you might be wondering how site selection services offered by a commercial real estate company can help.

Here are six different ways that site selection services can create value for tenants in an office space search:

Unbiased Approach

Using a tenant representation firm provides you with unbiased support without any conflicts of interest. Tenants often assume that the broker representing a building will work on your behalf – and they assume correctly. While the broker will work with you, what tenants overlook is that the broker is also working on behalf of the landlord of the building. You can see the conflict this creates.

A tenant representation firm works for you, and has no alliance with the landlord of the building. This allows a broker to take an unbiased approach to site selection.

Market Intelligence

Provide you with unparalleled market knowledge of current and forecasted market trends on a global basis.

Turnkey Solution

Manage the entire process from site selection and market research through negotiations and move-in.

Workforce Analytics

Improve your workforce performance through the highest quality of labor analytics. Site selection services include demographic analysis, employment studies and an economic analysis of the area to ensure you’ll have a competitive advantage when it comes to attracting and retaining talent.

Innovative Tools

Gain access to innovative analytical tools that will empower you to make strategic location decisions.

Cost Containment

Develop a negotiation strategy that maximizes your ability to secure the optimal economic incentives and real estate terms possible.

Keyser believes in matching our clients’ labor needs with the optimal markets for their operations. Because states and communities differ across a wide range of complex variables, we bring the expertise to help our clients identify ideal locations and labor pools for both cost savings and long-term labor viability.

CONTACT US TODAY TO SEE HOW WE CAN BE OF SERVICE TO YOU.

602.9.KEYSER (602.953.9737)
info@keyserco.com

5 Reasons To Get Commercial Space Insurance

Commercial Space Insurance

Commercial property insurance protects you from loss or damage to the company’s property. A solid policy will cover personal property kept on site, supplies and inventory, computers and electronic accessories, office furniture, machinery and equipment, and property fixtures (e.g. lighting, carpeting).

You can find coverage in three basic categories, including:

  • Basic Coverage protects against sprinkler leaks, vandalism, riots, smoke, storms, explosions and fires.
  • Broad Coverage includes the basic policy plus water damage, falling objects and glass damage.
  • All-Risk Coverage features Basic and Broad Coverage plus direct physical losses and theft.

With so many issues that could arise during business, it’s no wonder why this qualifies as a non-negotiable, necessary investment. You can come up with dozens of reasons to invest in commercial space insurance, but we’ll discuss five main issues in this article.

Natural Disasters Beyond Your Control

Tragic natural disasters happen all the time. And despite the advancements with technology and science, we haven’t found a way to control the weather. With all the terrible things that accompany these phenomenons, don’t set yourself up for business disaster as well.

Bad Things Happen to Everyone

Along with the weather, you’ll find plenty of other things in life beyond your control. What if a group of people decided to start a riot? What happens if you fall victim to bad press and get vandalized? What about something even smaller, like a leak in the sprinkler system? You may never think it would happen to you, but it can and it may.

Fire and Water Damage Fright

A burst pipe or faulty wire is all it takes to create hundreds of dollars in damage. You don’t need to walk into work one morning, only to realize the floor is sopping wet and all the electronics have short circuited. Imagine if that happened and you didn’t have any commercial space insurance in place. What a stressful day indeed!

Litigation Possibilities Around Every Corner

Without the proper protection, a single lawsuit could cause financial catastrophe for your business. Putting the proper provisions in place means protecting your assets from the damage of an unfavorable litigation.

Theft Could Occur at Any Moment

Criminals constantly lurk the streets seeking out the next target. And you could fall victim to that at any moment. If you walked into the office one day and had no equipment, what would you do? Well, if you had commercial space insurance, you’d simply give them a call and receive the compensation you needed to start running again.

New companies may feel the desire to cut corners in an attempt to save money. But commercial space insurance should not enter those budget cut conversations. With so many things that could go wrong, you need to prepare for the worst. That way, if it happens, you’ll feel prepared (instead of panicked) for the future of your business.