In this episode we have the pleasure of interviewing Mike Kaeding on the show, and Mike is the CEO of Norhart.
Norhart designs, builds, and rents apartments. They are transforming the way apartments are built and managed by incorporating technologies and efficiencies that have revolutionized other industries and led to high-quality, cost-effective projects.
Mike’s parents started their family business. But just a few years after joining the business, Mike’s father unexpectedly passed away. Suddenly, Mike had what felt like the weight of the world on his shoulders. He had to lead this business with no preconceived notion of “the way things are done” in this industry. He was struggling to the point where the city briefly shut him down. This shattered his world. Norhart just naively started to solve problems after that incident. And that led to magic.
Norhart began changing the way construction is done. Starting with an attractive culture unique to the construction industry they hired the best talent. Together Norhart solved chronic construction inefficiencies, applied techniques from manufacturing, and integrated traditionally unaffiliated trades. This resulted in higher quality and lower cost projects.
Norhart’s mission is to solve America’s housing shortage by transforming the way apartments are built and managed. And in doing so we will improve the way we all live.
In this episode Mike shares the 3 secrets to his success – the first of which is to hire the best. But not just hire the best like everyone hears, he means literally…the best, of the best, in the industry and world. Details in the show.
Mike then shares with us his secret to building an amazing powerful culture. One of those is what he calls the KEEPER TEST. This alone is an amazing management and leadership skillset that I think everyone should employ. This combined, with a 2 week trial where the employees decide if the new employee stays or not!
Lastly Mike shares with us his secrets on implementing LEAN and how that can be applied to almost any industry.
You don’t want to miss this episode.
Join us for this weeks episode of the High Performance CEO Podcast here:
