The Need For Cost Re-Engineering Is Great right now, Can Real Estate be Green Too?
Here we are again in a down cycle across the entire US and Global
Economies. Companies and businesses have to continue to reinvent who
they are and how they do it to survive. Green business has a great
opportunity to grow and integrate more into production methods as
companies look for new ways to do things. Business models in
practically every industry has to be challenged, if not by our
customers but by us in order for us to compete.
Having worked in business strategy and cost re-engineering for over two
decades in all aspects of indirect and direct business cost/operations,
we need to embrace this challenge, rise to it, and develop our talent
and our thinking to find new opportunities and new markets.
Can green survive, I think yes in many aspects of real estate and
of business. Technology is enabling a more remote work force. Less is
the need to occupy a desk space. You can work from home and be
connected and large companies can take millions out of their operating
costs if they have the will and the expertise to implement flexible
work plans and the appropriate infrastructure.
As prime business real estate in some markets become more cost
prohibitive and the fight for talent and available work force to fill
operations become more costly, a flexible workforce and real estate
strategy is the only way businesses can continue to re-engineer costs.
At a residential level, I think builders needs to look at their
materials and challenge production companies to find cheaper, greener,
more responsible materials that will help reduce build cost, but can be
done so in a way that it also improves construction times = reduced
labor = reduced cost. A great example of this is in Norway where you
can literally choose your home mass produced, and it is delivered in
component form and built almost within a day on already laid
foundations. GREEN and Cost Cutting can come together if only there is
the courage to challenge business models and the product.
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