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Maximizing the Real Estate Portfolio

Sponsored By Accenture

Topics:: Finance & Risk Management

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Abstract:: Although real estate is one of the largest costs for many organizations, there are opportunities beyond cost reduction to improve business performance. In this thought piece Accenture discusses how a holistic real estate strategy can also support growth initiatives and create future value through four areas:

* Efficiency determines the right amount and type of space needed to support a more mobile workforce.
* Effectiveness involves putting day-to-day operations in the hands of a few trusted outsourcing providers, leaving strategic decisions with a small core of senior leaders.
* Engagement is how the work environment influences employees' engagement levels and what they say about their employer.
* Environment involves improving sustainability performance by reducing waste and carbon footprint, as well rationalizing underused space and establishing flexible arrangements.
When managed as a strategic capability, real estate can yield major benefits.

DETAILS

Sponsored by:

Released: January 12, 2012

Length: 4 pages

Format: PDF (383 kb)

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