Download the full report by visiting: http://bit.ly/DataCentricCRE
Data and analytics are transforming entire industries, helping to increase workplace productivity and business profitablity for organizations that embrace these new resources. Many in the corporate real estate industry are tackling the big data challenge, but others are still struggling with the management and application of new data, therefore missing out on othe value of effective data generation.
Placing better, deeper, more accessible and more relevant data at the heart of everything is the key to addressing the challenges facing CRE.
Learn about the defining principles and key challenges of data-driven CRE, as well as actions you can take towards a more data-centric CRE program: http://bit.ly/DataCentricCRE
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Data-centric CRE: A competitive imperative
1. Data-centric CRE –
a competitive imperative
JLL CRE Data and Analytics thought leadership series July 2014
2. Momentum around data and analytics is building in CRE
of respondents cite provision of data and insight as the most
important contribution they could make to the broader business
36%
of respondents to the Global CRE Trends survey report that
their ability to extract data has increased since 2010
78%
61%
of respondents to the Global CRE Trends survey report
increasing demand from their business for scenarios and
solutions to manage CRE
3. The benefits of embracing data
are clear – and represent a source
of competitive advantage
4. 1.
Enables informed
decision-making 2.
Enhances CRE
team productivity 3.
Extends influence with
senior business leaders
4.
Allows success
to be measured 5.
Allows future scenarios
to be developed,
modeled and assessed
6.
Connects the physical
portfolio to wider
business strategy
Six compelling reasons for data-centric CRE
5. Defining principles of a data-centric organization
1.Data creation
and gathering 2.Data storage
and management 3.Data utilization
6. Culture around data is a crucial enabler
The continuum of ‘data culture’
Data
Denial
Data
Indifference
Data
Informed
Data
Centric
7. Four key steps toward more data-centric CRE
Capture to
capitalize
Don’t
separate,
integrate
Be a
change agent
(version 2.0)
Embrace
analytics