History and Background
Keller Williams Realty is a real estate broker founded in 1983 with 46,189 employees. It’s headquarter is located Austin, Texas, although it is a national brand (Keller Williams Realty, 2016). Keller Williams ranked third for top real estate firms in 2011 with 13% market share (Lazich, 2014). Keller Williams allows for realtors to essentially become small business owners and create their own team and build a brand. The Fry Group is a team that has capitalized on this opportunity. The Fry Group is comprised of a husband and wife team, David and Monica Fry, that have been in business since 1993 (Fry, 2000). They act as the listing realtors alongside a Marketing Manager and Buyer’s agent as well as administrative support. Their current customer base includes about 500+ contacts that they have previously done business with. Their main competition includes: Edina Realty, Coldwell Banker, Re/Max, Zillow and Trulia.
The Fry Group Strengths
Keller Williams brand has many strengths that play into how successful they have been in the past 33 years. They have existing brand recognition on a national level that allows small teams to gain trust and confidence in the team. Keller Williams prides itself on the strong network they have created throughout the nation. They even have multiple Facebook groups for teams to connect and bounce ideas off of each other. One example of this is the “Top Producer” group. This group is an additional resource for their widely
The CEO of the Camp Bow Wow claims that it is the best way to make people committed to the organization and its goals. The key objective here is to let everyone in the company communicate their ideas. As each person has different set of skills, different experience and different view, they can come up with different amazing ideas that otherwise would have never been discovered. The employees of the organization are the great source of new creative ways to approach business, new products or even new strategy. However, it is essential to remember that there needs to be balance between the new ideas offered by employees and what is better for the brand. This point is important, because any business at some point should come up with innovative ideas to at least keep stable profits. The world is changing every day and business owners should react quickly and adapt to the new circumstances. Usually, people working on different levels of organization are most familiar with their particular field and can offer new ideas for development and growth which the CEO or anyone from another department would not be focused on. The best ideas usually appear throughout discussion and healthy conflicts; therefore, it is important to make sure that employees are empowered to speak up.
My organization is Common Grounds Coffeehouses. Common Grounds are specialty coffeehouses that support the community by offering a place to gather while enjoying specialty brews in a neighborhood setting that facilitates social networking in a friendly and safe environment. Common Grounds seek satisfied customers and committed productive employees. Common Grounds have an organizational structure of internal orientation/differentiation strategy. Common Grounds operations look to develop its own talent
Although TOMS Corporation is profitable and well known, like all companies, they have many issues that challenges that affect their organizational outcomes. Examples of their issues and challenges include their one-for-one business model, minimal advertising, and the continuing amount of retailer complaints. There are also inadequate and poorly fitting elements of TOMS focal organization in the context of the changing environment. In order for TOMS to expand its brand and market share to its already successful business, they must find solutions to resolve these problems.
The water fountain in Ira Keller Park contains many flat, rectangular pieces of cement slabs, along with several steps leading to the fountain allowing visitors to approach the water from different directions. Being an urban park in the middle of downtown of a large city, Director Park mostly features man-made materials: glass, steel, cement, and it is paved in granite. This hardscape encourages visitors to take advantage of the whole park, and not just certain areas of
In 1916 a small group of Presbyterian ministers founded a non-profit organization called Springpoint. Originally called Presbyterian Homes, Springpoint provides housing and services to the elderly. In 1963 the senior community build one of the first continuing care retirement communities in America and it was the first on the east coast. It had comfortable residential living service and healthcare on one campus. Today Springpoint become New Jersey’s largest not for profit senior living providers. They how serves more than 3,300 residents in continuing care retirement communities and a family of affordable housing communities statewide. They growth of this nursing home sparked my interest to write how this company survive for years.
The company that I have chosen for this assignment and project is Lowe 's Companies, Inc. Lowes strongly focuses on the mission statement “helping the customers to improve their homes”. The company started in 1921 as a small store in North Carolina. Great success and high demand of Lowe’s products led to an increase in the number of stores. By 1955, there were five more functional stores. Rapid growth took place around 1960s. Carl Buchan was one of the founders of Lowe’s, who died in year 1960. Exactly a year later in 1961, the company went public. This was the time when Lowe’s was given its name. Initially it was called North Wilkesboro Hardware Company. By 1979, Lowe’s established more than 50 stores in the United
“We spent a lot of time on training, in particular in the areas of hospitality and quality care,” he said. “We work very hard with our staff. The staff members who are here and have stayed a long time really understand what it means to be of services to these folks, and our reputation in the community says that.”
With a company that has been around over a century the strategies it uses change an develop with the society. Since they had begun they have rapidly grown, within the first 30 years of their business
Lowe’s Home Improvement Stores have one mission, to “provide customer-valued solutions with the best prices, products and services to make Lowe 's the first choice for home improvement.” Even though the company is no longer a small-town company, it continues to focus on “exception customer service” and enhances its customer’s lives. In an effort to provide for its customers, the company also seeks to significantly provide for its employees by treating them with respect and providing them with good benefits and
growth and profit with the right partnership. Miller Kitchens and Bath has shown staying power
Morrison Restaurants is a good example of an organization that believes in strategic management. The article details the steps taken to formulate their strategic plan. Three major goals of the organization are outlined along with both operational and action plans to carry them out. The organizations overall plan addresses how the entire company, which operates many different concepts in various markets will pursue their goals in each division. Some organizations believe that strategic planning is only the responsibility of top management. “Too many managers have experienced this scenario: The chief executive officer announces a bold new corporate initiative aimed at generating performance improvements (Levesque and Roberto, 2005, 53).” This top down approach is not the case with the Ruby Tuesday Group. Their strategic planning team consisted of the CEO of Morrison Restaurants, division presidents and managers, human resource staff from corporate headquarters, key managers within the Ruby Tuesday Group and an outside consultant. “Chain-restaurant companies face an array of strategic decisions about the growth of the company (Lombardi, 1994, 40).” Therefore, it is important to get all levels of staff involved in the strategic process.
As a top-producing sales associate / Broker owner with Regency Real Estate Brokers, Jill Burnett brings to each transaction over 30 years of experience in real estate and lending that serves her clients well.
The risk of having such a small management team is considered a weakness in KFF’s 2003 strategic plan (Kudler 2003). If Kathy were to take any extended time off or become ill no one is cross trained to reorder specific products or deal with major business issues. For these reasons Kathy routinely works seven days a week and visits each store almost daily. Kathy enjoys visiting each location as it allows her to interact with staff each week. However, if the company proceeds with it growth plans as outlined in the Kudler Fine Foods 2003 Strategic Plan, operational changes within the management structure will be necessary. Kudler Fine Foods will solve for the business risks of having a small management team by creating an efficient management team for the future.
The value of Travis Perkins plc can be described from the following aspects: First, from the aspect of the relationship with consumers, the company understands the expectations and needs of consumers, respecting them and responding them in time. Second, from the aspect of the group itself, the company works together as a united family to solve problems first when faced problems instead of criticizing someone first. Third, from the aspect of development, the company has a deep understanding of what they do now and what they are going to do next, pursuing being the best (Travis Perkins plc,2011, p10).
While doing our research on the hot dog chain J. Dawgs, we found that while there are many strengths to their company, there are weaknesses that can use improvement. One of the biggest weaknesses that we found was that J. Dawgs is not a well known company. J. Dawgs does not have acceptable marketing, and relies exclusively on word-of-mouth and social media. Improving marketing- such as posting coupons in coupon books, hanging fliers around town, billboards, television commercials, etc.- could greatly improve the traffic that J. Dawgs could bring in. Another smart business move would be joining the online food ordering and delivery app, UberEats. Joining UberEats would be smart considering it is quickly becoming popular in Salt Lake. An increased