In the wake of the catastrophic flooding and human tragedy inTexas and Louisiana that resulted from Hurricane Harvey, the wordsand actions of Jim McIngvale have struck a chord with a sympatheticnation. That is according to Mark Rose, chair and CEO of AvisonYoung. McIngvale, the Houston-area entrepreneur known as “MattressMack,” provided his furniture and mattress stores as places ofrefuge for those who were displaced by the storm, Rose says.Hundreds of area residents took him up on his very generousoffer.

“McIngvale's compassion is a classic example of a businessleader doing the right thing –even when everything seems to pointto the fact that it will hurt the bottom line,” he explains. “Thereality is that the exact opposite is true. Culture drives revenuesand profits rather than the other way around.” In the exclusivecommentary below, Rose explains that the truth is that not caringabout what your company can do is a missed opportunity. “You willultimately be far more productive – and profitable – if you focuson who you are before you worry about what you do.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.

nataliedolce

Just another ALM site