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2A — May 12 - 25, 2017 — M id A tlantic

Real Estate Journal

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Mid Atlantic R eal E state J ournal Publisher ............................................................................ Linda Christman Associate Publisher ................................................................ Steve Kelley Associate Publisher ...................................................................Kim Brunet Associate Publisher ............................................................. Lea Christman Senior Editor/Graphic Artist .................................................Karen Vachon Office Manager ......................................................................Miriam Buttrick Sales Intern ........................................................................ Kevin Minassian Contributing Columnists .............James Malcolm, RAM Real Estate Asset Management; and John Oberer, GZA GeoEnvironmental, Inc. Mid Atlantic R eal E state J ournal — Published Semi-Monthly Periodicals postage paid at Rockland, Massachusetts and additional mailing offices Postmaster send address change to: Mid Atlantic Real Estate Journal, 350 Lincoln St., Suite 1105 Hingham, MA 02043 USPS #22-358 | Vol. 29 Issue 8 Subscription rates: $99 - one year, $148 - two years, $4 - single copy REPORT AN ERROR IMMEDIATELY MARE Journal will not be responsible for more than one incorrect insertion 781-740-2900 | Fax: 781-740-2929 www.marejournal.com

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An Engineer’s Perspective On How To Inspire Innovation T Glenn Ebersole he word innovation appears frequently in advertisements, posi- tioning statements, branding, marketing and mission state- ments. And it is used by archi- tectural, engineering and high- tech firms, as well as by most businesses and organizations in some fashion or form. But the question is how many of those firms and organizations really make innovation a top priority? And how many of them truly are good at innovation? One American Management Association/Human Resource Institute study found that al- though most organizations say that innovation is a top prior- ity, few companies are good at it. Have you been asked and tasked to innovate within your company or organization? Are you having difficulty getting started and achieving results? Probably many business- people have experienced or

J.D. Parker Manhattan

Brian Hosey New Jersey (201) 582-1000 Bryn Merrey Washington, D.C. (202) 536-3700

(212) 430-5100 Brenton Baskin Philadelphia (215) 531-7000

The views expressed by contributing columnists are not necessarily representative of the Mid Atlantic Real Estate Journal

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witnessed that one of the big- gest issues with innovation is that they really are not sure where to start. With that in mind, here are 20 tips on how to inspire and initiate innovation in business. 1. Develop a clearly defined and focused vision for innova- tion within your business. 2. Develop a set of measur- able goals that will clearly define what you want and need to get out of innovation. 3. Develop a system for track- ing and managing innovation. 4. Develop and implement a forum for sharing. Promote the open exchange of ideas and collaboration among co-workers and team members. The forum could be face-to-face meetings

continued on page 20A 7. Research what others outside your organization do to initiate and inspire innovation. Set a goal to identify three or or doing so online with message boards or blogs. 5. Engage the powerful tech- nique of brainstorming. The power of brainstorming enables you to address a business chal- lenge, issue or opportunity and is effective because it sets no boundaries and allows people to say whatever they want. 6. Consider establishing an innovation team whose prior- ity is ensuring that innovation is a priority and that there is a clearly defined and focused effort to achieve innovation in your business.

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The Mid Atlantic Real Estate Journal is a monthly publication highlighting real estate transactions throughout the Mid Atlantic including : • New developments, ground breakings and reconstruction in the ODM (Owners, Managers & Contractors ) section • Mortgage and banking in our Financial Digest • Retail and new developments in Shopping Centers • Annual spotlights.

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