The Real Estate Industry May Need To Setup Its Own Parameters For Total Quality Management (Tqm)

Advocates of total quality management (TQM) believe in the myriad advantages a commercial undertaking would earn from its implementation. Among these gains on the corporate balance sheet are enhanced long-term business linkages, balanced and well-coordinated units, improved discipline and professionalism as well as upgraded skills in all facets of the business. Total quality management boosts openness in communications from top management down to the lowest tier in the organizational set-up, facilitating achievement of targets and objectives.

Image source: http://www.naiop.org

On the other hand, making TQM operational in service industries, particularly in real estate development, presents more challenges owing to the peculiarity of the product in every project cycle and short-term organizational structure that oversees the execution of a single process endeavor. A short-term bureaucracy, staffed by a transient manpower complement engaged through contracted labor dispersed in various locales, adds to the uniqueness of real estate business and makes TQM difficult to handle. Every project takes a diverse form, does not follow a typical administrative system, and has to be adjusted along with several factors affecting efficiency of completion, such as weather conditions.

Real estate development encompasses several phases, each undertaken under different schemes and stakeholders, such as agent services, brokers and contractors, complicating further total quality management supervision.

Such array of intricacies, however, does not denote impossibility in the utilization of TQM approach in real estate development. Experts in the field such as the Alta Development LLC may design novel parameters as well as modify several criteria and standards adapted to the nuances of the business.

Image source: http://realestate.trimble.com

Dr. Sassan Kimiavi, a resident of Bethesda, Maryland, is a seasoned serial entrepreneur and technical professional. Discover his company’s real estate projects on this website.

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Fast-forward to 2017: Top home design trends to watch out for

Make 2017 the year to do some home improvement, especially if you have been putting it off for quite a while now. Home improvement doesn’t have to be grand. It can be as simple as changing that couch, ditching that décor, or repainting the living room. Below are some of the trends for the home to consider next year:

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Image Source: Interiorzine.com

Warm is cool

The days of white paint and cool-toned neutrals are over. In 2017, terracotta is forecasted as the color to go for. This color will add coziness to the home. But, keeping it matte is highly recommended.

Pastel and soft silhouettes

Pastels will continue its reign next year, as follow through to this year’s Pantone colors. Spring colors like blush and lavender are set to take center stage in interior design, matched with soft silhouettes and feminine patterns.

Revamped vintage pieces and repurposed items

Interiorzine.com shares that furniture pieces from the ‘60s will resurface, but will be tweaked for a modernized appeal. The retro vibe will not only manifest in chairs, but also in lighting fixtures and even in beds. Those fancy beds that you see in old movies, with velvet headboard, are going back in style.

Meanwhile, repurposed items are also seen to make it big in 2017. Furnishings will have a combination of organic and contemporary touches.

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Image Source: Houstoniamag.com

More about interior design and other home-related topics can be read on this blog for Sassan Kimiavi of Bethesda, Maryland.