Designing & implementing a centralized decision-making process
Many companies waste a colossal amount on money because their real estate is not organized properly.
Too often, local or regional teams are left with the responsibility of managing their sites, with little to no control from HQ.
This decentralized model is a big and costly mistake, for several reasons:
Local teams have too much on their plate with daily operations, to mobilize the necessary resources for a real estate project.
Local teams have limited experience in real estate and don’t know how to properly and proactively manage an upcoming lease expiry date, or to create leverage in a lease or purchase acquisition.
Local teams miss the market knowledge that would allow them to benchmark the result of their transaction, and often “leave money on the table”, unaware of what they could really gain in a transaction.
If a costly mistake is made, HQ will rarely know about it, which prevents the implementation of corrective measures and the sharing of best practices..
My core procedure design process will save you months of trials and errors and will ensure top management buy-in.
Within 4 to 6 months,, depending on your internal approval process, you will have a new and effective way of handling ongoing and future real estate projects, and managing your existing sites, owned or leased. The clear visibility on ongoing projects, upcoming critical dates such as lease expiries, termination options or purchase options, and on current costs versus market conditions, will allow you to reduce your real estate costs while streamlining your decision-making process. You will gain an incredible knowledge that will allow you to start sharing best practices internally.
You can leverage my experience to design your core procedures and to implement them successfully.
Over the last 20 years, I have assisted some of the world’s biggest companies in that area, and i can assist you in:
Designing your real estate core procedures
Enforcing them on a daily basis and on a global scale