Renovations and Upgrades: Bring it to the Bank Part 1Written by Elaine VonCannon
Renovations and Upgrades: Bring it to Bank Part 1Renovations and upgrades can increase value of your home by thousands of dollars when done strategically, intelligently and professionally. Even if you renovate for personal reasons, consider key areas that will put money back in your pocket. The kitchen and bathrooms are first choice upgrades that translate into more money later. Bedrooms can also create incredible appeal or end up a serious turn off. Make certain your renovations or upgrades reflect property values of your neighborhood. Don’t overdo it with costly materials if you cannot recoup your costs when you sell your property. Five Secrets To Upgrading The Kitchen The kitchen is heartbeat of a home; everyone goes to kitchen. When you are entertaining guests flow often moves to kitchen. The kitchen is also a key component for any homebuyer. If you follow a few basic suggestions your upgrade decisions will serve you well in long term. If you are still dwelling in house think about what works best with your lifestyle. Always consider functionality and durability when you construct kitchen countertops. First, don’t use tile countertops. Grout is difficult to clean and ages quickly unless it is sealed properly. If you have a lot of children or cook every night, you may not want to use newer, porous material since it scratches easily. Second, when altering kitchen cabinets you can paint wood, but use washable paint, not water based paint. If you do not want to paint or replace all cabinets change hardware or consider adding new doors. Third, wallpaper in kitchen is not a good idea. The heat and grease builds up and it is not very durable. Most people either love or hate wallpaper. Eighty percent of my buyers do not prefer wallpaper. Fourth, evaluate cost of flooring alternatives like high-grade vinyl, wood flooring or ceramic tile. Do not use “stick ‘em” tiles because they do not wear well and can detract from value of your kitchen. Fifth, update sinks, faucets and light fixtures for a bigger pay off. Most importantly be sure kitchen is bright, airy and cheerful. These recommendations will increase attractiveness and value of one of most important rooms in house.
| | Asian Business Strategy and Approaches Today compared to the West – lessons from the classic text on Asian strategy the “Art of War” by Sun TzuWritten by Dr. Jason Armstrong
By Jason Armstrong, Ph.D.Sun Tzu’s “Art of War” is considered to provide most profound lessons for leadership, and victory in East or West. Today its principles are applied to business all over world. This classic body of work came from life and death scenarios, which evolved from empire, trade and political struggles. Obviously today’s corporate world does not induce anywhere near as strong a mechanism for change, or success, as consequences of failure in business are far less than warfare. Nonetheless, trickle down lessons from “Art of War” are definitely applicable to any organized effort, project or business. Although Chinese in origin, “Art of War” and lessons from Zen were adopted by Japanese groups such as Samurai and Corporate Japan for clarity of mind, decision making and strategy. Past and Present: Modern Asia is now very different from its past. The question is: how much do today’s managers in an environment like Japan apply these principles? In short, answer is that some components of “Art of War” are easily spotted broadly across Japanese business culture and other attributes of text are rare. Looking at specific companies, or managers, one will sometimes see avid followers of principles of “Art of War”, and sometimes very little application at all. The roots of almost any good strategic plan can be found in text “Art of War” so it’s implementation is also present in Western business (even if it not derived by someone who directly studied text). Alliances: Using alliances is a key strategic component of “Art of War”. This translates to partnering in business world. Business partnering models and strategies based on “Art of War” are outlined in detail in a downloadable video series by Applied Zen (www.AppliedZen.com). This article will not go into details of such strategies but rather relate to their presence in Japanese business today and make comparisons to Western business. The importance of partnering and relationships is apparent to anyone who has done business in Japan. While these may not always portrait efficiency of Sun Tzu’s “Art of War” strategies, partnering in Japan has permeated almost every aspect of Japanese business to an extreme. Over years it has evolved to a degree of “middle men” involvement not seen in West. The benefits, and hindrances, of such a system are often discussed by those doing business in Japan. Strategic partnering if carried out correctly should optimize sales, marketing, reduce operational requirements and create synergies that a company who approaches end point sales cannot. From Sun Tzu’s teachings such partnering strategies should also be put into product development (both item itself and marketing of it) as a process – not an after thought once product is finished. Again, broadly speaking, Japan is rich with examples of this type of implementation. Leadership and Decisions: The “Art of War” offers many lessons on leadership and people management. After all, if you can create a situation where people are willing to follow you into battle and die, there must be valuable motivation and leadership practices in place. Nowadays in Japan, one can see good examples of team co-operation and communication, and yet also some very bad examples. For example, Japan is a group-oriented society and usually makes decisions on that basis. Therefore, typically more staff are consulted and informed about decisions and ideas while they are in making. However, this draws out decision process. In comparison, Western companies often have decisions made only by upper management and then ruling is put into company as policy. In this Western approach, it is common for staff to learn about policy only after it is announced. (the net result is often a long time before staff “buy-in” and policy becomes practice). The interesting thing about these two different approaches is that time spent from contemplating a new idea to company implementation is very similar in both cultures, despite generally faster decision making that occurs in West. When one considers staff compliance and conflict avoidance, Japanese way is better in that more staff are involved in communication before policy is induced. Communication: On other side of staff communication, Japanese environment does not encourage pro-activity like Western organizations. In fact, to suggest radical alternatives is often considered “rocking boat” and is not a good career move inside Japanese businesses. In comparison “Art of War” clearly identifies need for taking calculated risks to gain intelligence as well as potentially gain ground. In 1990’s Stephen Covey’s name became famous through publication of “The 7 Habits of Highly Effective People”. As many know “7 habits” are not a group of new concepts but age old approaches to success. They are simply represented in a way that can be clearly applied to modern day personal and corporate development. The same precepts are taught in a number of ancient development and achievement, arts such as: Zen (which is not a religion, but a path for self discovery and growth), “Art of War” by Sun Tzu, and Tao de Ching (the “book of change”). Covey’s first “habit” is pro-activity. This is based on recognizing, just as Sun Tzu did, that not taking some calculated short-term risks due to fear of action, is sure way to long-term failure. In contrast Japanese business behavior is generally very risk adverse. On flip side, Sun Tsu’s “Art of War” stresses importance of defense and conservative advancement. It is balancing of risk and conservative defense that must be strategically planned to ensure victory.
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