No doubt, everyone in one form or another has experienced the
dilemmas of travel. Even for vacation, handling travel plans
and destination points has become a cottage industry of its
own, mainly because attempting to do it yourself usually costs
more and has less favorable results – you paid too much
and did not get to see all the things you wanted.
Well, the same holds true for business travel, which is particularly stressful
for a variety of reasons. If it is important enough to travel and stay several
nights, it must be a big meeting or presentation – a face to face is critical.
Stressful. Executives are out of there natural habitat, and although they may
have done it a million times, little things invariably pop up. Stressful.
And, if an executive is relocating because of a transfer or a new job, that certainly
qualifies as a stressful period. Now, exacerbate that with all the traditional
nuances of a new town and attempting to figure out where you’re going,
what to do, and where to stay, you have the anatomy of a less than optimal experience.
After all, this experience will be the first impression the relocating or temporary
executive has on the business or city to which they will be locating or working.
Human resources executives play a critical role here in making sure this first
and lasting impression is a positive one, because it is the HR professionals
who typically handle the executive housing and relocation decisions.
In my years of executive housing, I have found that there are five critical components
and questions to ask in finding suitable executive housing that will make not
only the executive and their family happy, but also the human resources executive
look good. Those are: locations, details, quality, customer and cobranding.
Locations: Do you have choices of areas?
It is not as simple as asking, “where do you want to be?” Determining
the best available location for a customer requires a wealth of expertise, including
such things as knowledge of local school districts, location relative to the
individuals workplace, availability of daycare, restaurants and shopping in the
area.
An executive housing account representative is often the first person a relocating
professional will speak to before they arrive. As you can imagine, new residents
have many questions about the area into which they are moving. Look for the ability
to listen and to be placed in the best possible locations relative to needs.
This will ensure that transition into the community will be a pleasant one.
The alternative to working with trusted and conscientious professionals is to
put your immediate fate into the hands of those who simply want to fill a vacancy.
They attempt to close the deal by saying what the customer wants to hear about
the location. Make sure any commitments made are kept and that there are many
choices of locations all under the umbrella of a premium site.
Details: Did the firm pay attention to the little
things?
All furniture and house wares are not created equal. Lets face it, the quality
of the furnishings can make all the difference, from the style and comfort of
the living room sofa, to the use of a quality fitted sheet. Just about everything
found in your home you should also expect to find in a premier executive apartment – including
some style. Some companies will try to save a dollar at the customer’s
expense, but these same customers understand and appreciate quality when they
see it. Sacrificing the customer experience is no place to reach for cost savings
and again, failing to pay attention to details is a reflection on the HR person
who chose to work with a given housing firm. Do your homework here.
What we have come to understand is that in the world of temporary housing the
little things mean a lot. The separation between company A and company B is very
evident in the details. Ask questions and seek an executive housing firm that
cares enough about its residents to add a sense of style to your living environment.
However, it is easy for a temporary housing provider to choose cost saving over
customer comfort, and finding this out after you have walked through the door
is too late.
Quality: Are the available complexes considered superior
or premium?
This is another area where a company will try to pare down its costs. Yet once
again, high quality is irreplaceable. Although the price may be a tad more, the
peace of mind and that first impression more than makes up for a couple extra
dollars.There has been an evolution of sorts in the rental housing market. Property
developers are making every effort to add perks to attract and retain tenants.
Large clubhouses are replete with business centers, large exercise rooms, and
even small movie theaters that residents can reserve for private screenings.
Interior design features have come a long way from the era of the square box
cookie cutter apartment. Many communities are now gated and include attached
garages and bi-level townhouses. All of this is little consolation if your executive
housing company does not make these communities available to you.
One good method you can use to find temporary housing in the finest apartment
communities is to directly ask the leasing professionals at these very same communities.
If you already know where you want to stay, this is an excellent way to locate
companies who place their customers in high value property. And remember, a company
that will spend more to provide you with the best is also more likely to place
a premium on your entire temporary housing experience and in making the HR professional’s
job much easier.
Customer: Is the firm proactive in meeting your changing
needs?
Nothing ever stays the same, and a company has to be ready to change with its
customers needs. For example, when we noticed a majority of residents requesting
DSL high speed internet in their apartments, we decided to retain the service
for the subsequent residents whether the new resident requested it or not. It
was noticed and went a long way.
Costs associated with installing and uninstalling the service can now be minimized,
and a valuable service can now be added as a standardized item. Progressive minded
companies will always be a step ahead of the curve in anticipating current and
future needs. This fact is of particular interest to repeat customers.
Co Branding: Does the organizaiton strive to add value via co-branding?
An individual relocating into a new town wants access to information and services
in the area, from entertainment, food and basic services. Not only is the new
resident in search of just about every type of service from car repair to drycleaning
to daycare, but smart companies know that repeat customers are a result of having
them try their product or service for the first time.
By co-branding premium brand with premium brand, an executive housing firm can
jump start the transition into a new community. The housing firm will have taken
the time to carefully choose only high quality products and services, and make
them available to you via a cooperative relationship with that supplier.
Residents appreciate the added touch. For example, does your executive apartment
come with local goodies like Graeter’s? Or, does the temporary housing
provider offer them $20 in free dry cleaning, which includes pick up and return
service, and can do it at no cost to the resident. Look for these value added
services.
In general, the five critical questions are key to an excellent short term housing
experience, both for the resident and the company or organization which brought
them in. The answers to these questions illustrates the difference between a
cost focused versus a customer focused approach to temporary housing and short
term business travel.
Some companies simply do not take the time to go that extra mile, and may believe
that compromising the customer experience in favor of a greater margin is the
key to success. A good executive housing firm will concentrate on enhancing the
value of that same customer experience at every level, believing that repeat
customers and higher volumes will drive their economic machine. Either way, the
differences can be very apparent, and asking a few questions can, and will, make
all the difference in making sure the experience is the best it can be.Tara Krapes
is the president of VESTA Executive Housing. She holds a bachelor’s degree
in English from Miami University. Krapes is the former market sales manager for
Marriott and served as an account executive with Oakwood Corporate Housing.
VESTA Executive Housing has dual headquarters in Cincinnati and Lexington and
a nationwide network of premier temporary housing properties. The organization
works with human resources, property managers, project managers, and professional
athletes and entertainers who need relocation or temporary housing. VESTA Executive
Housing is a Women's Business Enterprise, and can be accessed at
www.vesta1.com or
by calling 866.471.0350.