Years ago, when a reporter asked Mike Tyson if he was worried about the upcoming match with Evander Holyfield and his opponent’s strategy, the heavyweight boxing champion responded, “Everyone has a plan until they get punched in the mouth.”
Few events have greater potential to positively transform companies – to make them more efficient, profitable and valuable – than mergers and acquisitions (M&A).
Enterprises throughout many segments of the economy, including those focused on residential and commercial real estate, are increasingly incorporating Robotic Process Automation (RPA) into their business operations to improve efficiencies and free up employees for higher-level work.
With surprising frequency, we find that information is an under-managed asset in large real estate enterprises. Perhaps because it (information) seems to be everywhere… So how do we get our arms around it?
“Working Out Loud” (WOL) is one of the most important things a company can be doing today to thrive, optimize client service and outperform the competition. WOL describes new ways of bringing social collaboration and narration techniques into the workplace. It can be defined with a simple formula: WOL = Observable Work + Narrating Your Work.
The amount of digital information in the world has DOUBLED in the past two years. Over 90% of that information is NOT traditional 'computerized data' (that is, data in fields, records and tables).
When Dr. Henry Gray published his Anatomy of the Human Body in 1858, he created a wildly useful depiction -- or 'model' on paper -- of the human body in order to make analyzing, diagnosing, fixing and improving it much more effective. Real Estate enterprises benefit from taking a similar approach in describing the ‘anatomy’ of their operating platform to confirm alignment with the overall strategy of the business.
As portfolios became larger, leading enterprises started to include the design of the operating platform in the strategic discussion along with assets, capital and leadership. The work required to operate a company is increasingly recognized as forming the heart of the ‘Platform Strategy.’