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February 11, 2015

           Volume 17 - Number 6

      
Streamlining the Business of Commercial Real Estate
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YouConnect© is a Web-based Appraisal and Vendor Management solution enabling financial institutions to automate and streamline their process, while satisfying federal and state examination and auditing requirements.
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No. 1 Selling Comp
Database Software
 
DataComp© is the No. 1 In-house Commercial Comparable Management Software on the market today made by and for commercial real estate appraisers.
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New Edge 2011

 

EDGE© is a simple to use, but powerful report writing solution. A stand-alone application that integrates seamlessly with Word, Excel and DataComp©. 

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Manager© is our cloud-based commercial appraisal workflow application that can be accessed from any browser, Windows, Mac or cell phone. 

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DataComp and Edge
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Hosted by Microsoft 

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Check Out Our Sister Publication...
TOP OF THE WEEK TO YOU!
(by realwired! CEO, Brenda Dohring Hicks)

Brenda Dohring Hicks

 

Top of the Week to You! is designed to offer the inside scoop and latest of what's important in the world of technology as it relates to the commercial real estate industry.


Oh, for Meeting Sake!

We need meetings.  Business meetings, family meetings, even friend meetings, but they aren't good for decisions.  At the very least one should never wait for a meeting for decisions to be made.  From commercials to comics, meetings have always been ridiculed for a wide variety of reason's and most of us hold the belief that we'd be a lot more productive if we could just be "working" instead.

So first recognize that if you are expected to run or attend meetings without the following basic tenets, you have a longer way to climb.
  • All meetings must have a stated purpose or agenda.
  • Each and every attendee must walk away with concrete next steps or action items or they didn't need to attend.
  • Meeting should have a firm stop time.  It breeds creativity - really!
Now assuming you've got those covered, let's take the playbook from some of the most successful and "young" companies like Apple & Google and add to the above.
  • Have a clear decision maker for everything on the agenda.
  • Schedule meetings at the same time every time where possible so people aren't unexpectedly interrupted, but have interim meetings as things come up.
  • The answer should always be "yes, and..." rather than "no, but..." or negativity will rear its ugly head.
  • No one is allowed to bring a problem without at least bringing a solution of some kind...no matter how bad.
  • Anyone who hasn't reviewed the notes from the last meeting should be asked to not participate.
Lastly, and so important that it gets its own bullet is:
  • End with a "closing round" to give everyone a chance to comment on the meeting out in the open.  There is no discussion or back-and-forth allowed.  People are encouraged to talk for less than 30 seconds so you could close a large, 10-person meeting in less than five minutes. And the biggest value is that the closing round gives everyone, in a sense, a "last word" - the chance to get something off their chests that they might otherwise harbor or worse, only whisper to their colleagues later.
Can you honestly say this is how things run in your world?

Probably not, but it's worth aspiring to, because your meetings
could look like this!


Instead of this.


So here's the other thing that all meetings need, but no one wants to do....have notes taken.  Long gone are the days when there's a "secretary," (even the term is no longer used,) who attends all meetings to take notes. And that's precisely why someone has to take on that responsibly each and every time. Call the person the scribe or whatever you like. They are vital  and they are hard to do and should be highly valued. Meeting notes are crucial to help everyone remember what was discussed and decided, we know that, but how many times have you sat in meetings where the designated note taker is so busy taking notes they can't participate and then they are either distributed too late or not distributed at all. It's a problem. So far be it from me to bring the problem up without a solution. So this week I have a suggestion that yes, is tech in nature. One way to get around this problem is to use a program such as minutes.io, which helps you capture your meetings easily and make notes available to everyone without delay.  It's free and you don't need to be connected to the Internet during the meeting to use it. Two other note taking tools that will help you simplify your meeting process are OneNote by Microsoft and Less Meeting. They are worth checking into. I tend to use OneNote, because it was on my first Windows tablet and I became familiar with it.

Let me know if you have other meeting tips or horrors and we'll add to this topic, which like time management will never be conquered, but is a worth continuing fight.

Come join our discussion on our blog, or I welcome your feedback through email.
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