February 10, 2003—Many of the industry’s senior-most corporate real estate executives gathered recently in San Mateo, CA for the CoreNet Global’s fourth annual Industry Leaders Roundtable to identify forces, trends and practices redefining the nature of work, the workplace and the delivery of real-estate related services.
Much of the discussion accounted for the pressure facing most corporate practitioners and their service provider partners in the areas of cost control, risk management and adding value. A sense of ‘doing more with less’ but being strategically successful at striking a balance predominated the case studies and other insights that were shared.
The impact of economic and business cycles on real estate remains profound, as the discussions revealed. The result is that corporate real estate continues to change and that new business models are emerging. But the uncertainty surrounding the business climate is only growing as the repercussions of 9/11 and other events pronounce themselves.
The participants explored a spectrum of strategic focus areas:
- How technology and innovation are changing the nature of work
- The changing skill set of corporate real estate executives, and how the senior professional has evolved from task master to business strategist to corporate infrastructure leader
- CRE management changes ranging from administrative services to workplace security and business continuity
- Centralization vs. decentralization
- Insourcing vs. outsourcing
- Customer relationship management
- The evolution of service delivery
- Shifts in the tenant-landlord relationship
- Integrated corporate infrastructure management
- Transformation of the service provider to a strategic partner mindset
- Impact of the Enron and other accounting scandals on CRE accounting methods
- The emergence of corporate social and environmental responsibility
- Six Sigma and other process management methods
For more information, contact CoreNet Global.
