Month: February 2022

Leonardo247 featured in Forbes on How Commercial Real Estate Leaders can Navigate the Great Resignation

Posted on February 18, 2022 by - Client News

The biggest problem in multifamily real estate is not the pandemic, rent abatement or vacancies. From my perspective, it’s employee turnover — a problem that is being exacerbated by the Great Resignation.

As the co-founder of an operations and maintenance platform for apartments, I’m observing that managing multifamily properties has become even more challenging with many tenants now working from home, which can increase the physical wear and tear on the property and the strain on front-office workers if teams are short-staffed. It’s vital to the bottom line of a multifamily company to have knowledgeable staff who can keep up with increased demands while maintaining property oversight.

Employee turnover impacts every level of a business, and this is especially true for the commercial real estate industry. “The cost of replacing an individual employee can range from one-half to two times the employee’s annual salary — and that’s a conservative estimate,” Gallup reported. These costs might include recruiting activities, training programs and missing time. However, there are many more issues specific to apartments that can be associated with turnover, such as property maintenance missed, code compliance issues and tenant management.

Read the full article: How Commercial Real Estate Leaders Can Navigate The Great Resignation

Calling All Entrepreneurs – EOY Nominations are Now Open | eNews from OWC

Posted on February 11, 2022 by - eNewsletter

The 2022 EY Entrepreneur Of The Year® awards program mixes the who’s who of changemakers, innovators and disruptors. OWC is a proud sponsor of the program. Business awards are a core component of a company’s broader marketing and thought leadership roadmap. The EOY awards are the only true business competition that attracts strong competitors. CEOs and founders must make it through the challenge of being selected in three rounds of competition: semifinals, finals and then a final night where the winners are announced.

Winners are selected by a panel of independent judges, including previous winners of the award, leading CEOs and private capital investors and other regional business leaders. Entrepreneurs may nominate themselves or be nominated by peers and other business leaders. This year’s submission deadline is March 4, 2022.

The competitors are evaluated based on six criteria: entrepreneurial leadership; talent management; degree of difficulty; financial performance; societal impact and building a values-based company; and originality, innovation and future plans. Since its launch 36 years ago, the program has expanded to recognize business leaders in more than 145 cities in over 60 countries.

Whether they are winners, finalists or semifinalists, entrepreneurs, founders and CEOs credit the program for its unparalleled opportunity for membership into a powerful club of global business leaders. They cite validation, exposure to new customers and investors and recognition for their employees as key benefits to participating in the program.

It all starts with the nomination form: https://eoy.ey.com/home. Entrepreneurs are not intimidated and welcome opportunities to tell their stories. This is their chance.

Best,

Tracy

IN THE NEWS

Fox Business Network features CompoSecure

OWC secured broadcast coverage for its client CompoSecure, a leader in the design and manufacture of premium financial cards. CompoSecure CEO Jon Wilk was on Fox Business Network’s The Claman Countdown to talk about all things metal cards, cryptocurrency, the metaverse and the company’s latest ventures. Click here to watch the full interview.

OWC CEO Tracy Williams writes for Business Wire

An organization’s culture now defines it, and companies out of step lose employees and revenue. Change has come fast. Response requires immediate action. OWC CEO Tracy Williams recently wrote a blog post for Business Wire on company communications building employee resilience. Read the full blog here.

Samantha Short is now OWC’s senior media strategist

OWC’s Samantha Short was recently promoted to senior media strategist. In her two-year tenure, Sam has worked directly with client senior leadership and has a solid track record of pitching media and earning coverage. In addition to strong media relations skills, she has developed content strategies, thought leadership campaigns and comprehensive social media analytics.

OWC Secured an Arculus Card Review in Dealerscope

Posted on February 10, 2022 by - Client News

Though it looks like a credit card, the Arculus card is really an ultra-secure cold storage hardware wallet for all your Bitcoin, Ethereum, and other blockchain-based currencies.

The world of cryptocurrency, a digital currency secured by a unique piece of code on the blockchain that cannot be compromised, is daunting to enter. But it’s also a rush akin to going to a casino and sitting down at a blackjack table. However, instead of dealing with the physical chips, you are dealing with an online currency that can be vulnerable to hacks when connected to the internet. Enter Arculus, an offline banking vault for your cryptocurrencies, that just happens to look and behave like a metal credit card.

The Arculus card utilizes a secure NFC chip, which is the same technology used in Apple Pay, Google Pay, and other tap-to-pay cards. The logic behind this, according to Arculus creator and Chief Innovation Office of CompoSecure, Adam Lowe, is that “we’ve educated the American market to tap to transact in the global market. The credit card issuers and networks have done a great job doing that…so this is literally tap to transact for crypto. You just tap your card to your phone and sign it.”

Read the Full Article: Arculus Wallet: A Crypto Wallet That’ll Fit in Your Wallet

OWC CEO Tracy Williams in Business Wire on how business leaders can build employee resilience

Posted on February 1, 2022 by - OWC News

Workplace culture defines an organization, and companies will lose both employees and revenue if they don’t prioritize their employee’s wellbeing.What caused “The Great Resignation” of 2021? Over 4.5 million Americans quit their jobs in November alone, according to the U.S. Bureau of Labor Statistics. Three-quarters of 1,800 U.S. workers in a September survey by The Conference Board cited stress and burnout as critical challenges, up from 55% six months earlier. Half of all employees said their mental health was at stake.

Today’s business leaders are agents of change. They know their most valuable assets are their employees and they value their scrutiny. They aim for workers who feel seen, heard and valued. They know that their people are the voice of the company’s story and can tell a tale of success – or of stagnation.

In 2022, corporate culture takes center stage in building employee resilience.

Read the Full Article: Your Culture is Your Brand: Become the Workplace of the Future