Let me start by saying the worst PropTech term is PropTech itself. The tech is rarely focused on the Property. In fact, Property isn’t a common term within CRE generally. But let’s name an entire area after it because “it sounds cool.” /end vent IoT is the next worst term in our industry. The “Internet…
How do you respond when your KPIs are being gamed?
Over the past 3+ years, economic news has appeared to be stellar. The stock market has grown beyond belief, unemployment has dropped and stayed low, consumer confidence has been high, and corporations have been doing well. All our key economic metrics have been solidly in the green. But wouldn’t this be the case if the…
Merging generational expectations in a single workplace environment
Most current workplaces are made up of varying ratios of four generations: Boomers, Xers, Millenials, and the yet unnamed Gen Z. These groups bring different expectations of what they look for and need from the workplace. Boomers are looking to pushback retirement and show their experiential value. Xers are moving up as the replacement experts…
A random Friday thought…
I was talking to a friend yesterday and the conversation turned to music, poetry and emotion. (I know this isn’t the normal way a business blog starts, but I think the point is worth making.) She’s recently started writing poetry and was surprised that she “was actually good at it.” My immediate response was that…
Analytics is only a dirty word if you are doing it wrong
I’m a Cleveland Browns fan. It feels good to get that admission out into public. I lived outside of Cleveland for a little over 2 years and ended up adopting the Browns and Lebron. For sports fans, the above intro is enough for them to know the pain I’m about to speak of. For everyone…
A love story: IT and Corporate Real Estate
Some may believe that this goes without saying, but no Workplace can be successful without a strong partnership between IT and Corporate Real Estate. In my experience, this needs to be said over and over because the relationship does not occur naturally. These two groups have fundamentally different goals as organizations. The workplace is where…
How can you establish a culture in the virtual workplace?
There is a huge issue that exists across CRE as the concept of the workplace shifts from being an office to being anywhere: What role does the workplace have in establishing a business culture and how should that process work as the workplace becomes virtual? Traditionally, the physical workplace is both a reflection of the…
Modeling is putting flesh to idea – there is no other way to achieve the spectacular
I love the concept of modeling – taking an idea out for a spin to see how it works in the real world. Ideas never simply spring from mind to reality in a blinding flash. Our mental image of the world is not a real reflection of the world. Things that work in our heads…
Not all data must be analyzed. 3 questions for determining when to analyze and when not to.
There are some people who believe that all data is meant to be analyzed. These people are the same ones that GDPR and the new California Consumer Privacy Act (CCPA) were put in place to rein in. Analysis can yield deep insights into consumer and employee behavior. But this insight can be a very double-edged…
Constructing a narrative means the audience should not realize they are being led
When you move a movie, (most of the time) the person watching should not realize there are a camera and crew filming the action. The camera is a necessary part of the process but it should be invisible. If the audience senses the camera, it could remove them from the story being told. It will…