Management's Focus Areas During Current Business Environment

Arban Gjonbibaj Managements focus beas during current business environs Construction cutbacks and unemployment across many major U.S. industries has shaken consumer confidence, and has caused many eddy-related businesses to flounder. Commercial and residential contractors who get under ones skin built up their firms by means of years of hard break down ar facing the about severe recession in decades. For some, the threat is not all to their present business prospects, but their firms very survival. Its burning(prenominal) to remember that resourceful, positive-thinkers have faced hard times in the past and emerged successfully. The current business environment may beguile management attention to two focus areas. One is to earn an Organization Capable of Change. The contractors heading moldiness be to keep the company viable and create to spring back quickly when the economy begins to recover. This may intromit pursuing work distant of the companys wonted(prenominal) comfort zone. Because of the poor economy several opportunities have presented themselves and we must be ready to adapt to provide such services. -Banks are foreclosing on commercial and residential loans in great numbers.

These properties are often in poor condition, requiring repairs and maintenance to prevent besides loss of value, and to comply with local codes and ordinances. As theyre not in the business of managing property, banks must rely on outside services since they dont have maintenance and construction departments. -Real estate agencies know that buyers can be very selective in this market. Properties in less than top condition may be overlooked. Proactive contractors may find repair, improvement, and maintenance work among brokerage firms. -Homeowners who had planned to move up to more high-ticket(prenominal) homes have in many cases changed or delayed these plans as their current homes have lost value, lenders have imposed stiffer requirements, and buyers have become scarce. Some people are instead upgrading with kitchen and... If you penury to get a full essay, order it on our website: Orderessay

Order your essay at Orderessay and get a 100% original and high-quality custom paper within the required time frame.