Real estate investments demand strategic planning, objectives.

Real estate may present a great opportunity for institutions to positively affect their bottom lines. But it takes planning and foresight to achieve a solid real estate plan. In the following article, the author describes the process necessary to develop a program that goes beyond converting empty buildings into nursing homes. The process goes from identifying strategic objectives to examining financial alternatives and preparing an implementation plan.

Ways to avoid mistakes during diversification.

Two alternative approaches to avoiding errors during diversification efforts have proved economical and effective. They are the increased use of consultants and the hiring of "Temp-Execs," free-lance executives with the necessary management experience to guide a provider past potential problems.