Since the dawn of corporate real estate, businesses have seen it as a necessary function but not one they wanted to think about the strategy of. In most companies, the closest most leaders came to thinking about their real estate strategy was when the office they sat in was up for a project and they…
Tag: decision making
“Needing people in the office” is a fallacy of logic that leads to bad real estate decisions.
Let’s just start off by acknowledging that most real estate hot takes this year start by trying to pretend the world is not still in the middle of a pandemic. The reality is that most of the world (but parts are still in pandemic restrictions even today) relaxed or eliminated their COVID-19 restrictions between June…
Thinking a bit about Real Estate and ESG. It comes down to processes and outcomes.
If the big topic of the year in real estate has been hybrid working, a close second has been ESG and all of its subcategories. For those not aware, ESG is Environmental, Social, and Governance. As an area, it provides a lens that companies can use to evaluate their actions that impact the broader world….
Occupancy data is a reflection of in-office preferences and decisions. In times of dramatic change, it is most important to stop, look, and listen than to dive into historical data.
After writing my post a few weeks back on dangerous data, I kept coming back to this mental image of what is actually happening within our workplaces that makes the data so misleading and untrustworthy. Dangerous data does not simply spring forth from nowhere, it is the result of circumstances unlike those that came before….
Too much real estate data is not always a good thing. Data is dangerous when misunderstood.
As an Industrial Engineer, I love data and all the things I can do with a good, high-quality data set. As a Real Estate professional, I am completely used to working in a world with limited, fragmented data. These two worlds actually come together surprisingly well historically because understanding what to look for in a…
The Undoing Project – a review of its impact on CRE
Humans are funny creatures. We often seem rationale in how we approach the world and the decisions we make. But the reality is, people are not designed to make rational decisions. We have many subconscious routines that drive our processes for coming up with answers to the questions we face. I just finished reading Michael…