LOCATION, LOCATION, LOCATION The three most important things to consider when purchasing commercial real estate (and often private) is location, location, location, and in the current the most important three questions are; what did your last company manufacture and sell, what did your last company manufacture or sell, what did your last company manufacture or sell? Unfortunately, most job seekers do not want to hear this and they go to great lengths not to let anyone else know what their company manufacturers or sells on their resumes.
Most managers believe if they can manage a Wal-Mart they can manage a nuclear power generating station. They may be correct, but they cannot jump industries without a great deal of training for which few companies have the time or the personnel to perform. Engineers believe that if they understand the application of gears and pulleys at a chicken processing plant, they can immediately apply this knowledge at an automotive manufacturing facility. The engineers are, of course, correct about the application of Newtonian Laws but they do not understand the operational differences between the two industries.
As a third party recruiter in the plastics industry I probably look at a 100 resumes posted on the various job boards every week. I am amazed and appalled that very few of the candidates reference what their present or previous employers manufacture or sell. Without an understanding of the product, it is very difficult for any recruiter to accurately appraise the potential candidate. When this happens, what does the company or third party recruiter do? They usually move on unless there is a skill set that the recruiter is very interested in obtaining.
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