CoreNet Global Summit, Boston 2018
Boston | Oct 14 - 17, 2018 | John B. Hynes Veterans Memorial Conv. Ctr
Don't miss the largest gathering of corporate real estate professionals.

Outrunning the Bear

October 16, 2018 | 10:45 - 11:30

Outrunning the Bear

Real estate has a long term focus, but our companies no longer share it. The reason is simple; it's no longer possible. In ten years, 60% of the fortune 500 will be different companies. However, your organization's fundamental space challenge remains: it needs to sign up to supply a certain amount of space, in a certain place, for a certain period of time, all to meet an extremely uncertain demand. But there is opportunity in that uncertainty. Rather give in to "short-termism", leaders can use space decisions to get a fast moving company to focus on the long term. By fully embracing the deep challenge of forecasting headcount and labor needs at dynamic companies, leading real estate organizations are finding a new place in the strategic conversation. Through two cases studies you will see how advanced analytics, forecasting techniques, and statistical modeling has been used to quantify the uncertainty, measure volatility and agility required and provide a roadmap to mitigate the real estate risks. 

Key Takeaways:

  • Identify business drivers to demand change and appreciate the fact that you have better intel on it than you think. Gain confidence that with a bit more research and analysis, you can bring ammunition to business leaders to challenge growth projections. 
  • Understand tools and techniques available to better understand and forecast future demand, and measure agility requirement.
  • Understand how to solve for agility and uncertainty, and build contingency into your real estate planning.