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Collaboration in corporate real estate : A new opportunity for harmony through technology
Corporate Real Estate Journal,
8
(4),
378-384
(2019)
Abstract
This paper examines divisions between different business functions that have a stake in real estate activity — with a focus on finance, property, operations and management — and how departments working independently risk inaccuracies and inefficiencies. Where teams work in isolation, they risk missing crucial nuances that may have a major impact on the integrity of data or the complex calculations being made from it. Taking the premise further, the paper goes on to argue that collaboration, aided by technology, is the only route to full visibility and accountability across an organisation.
Keywords: collaboration; technology; software; system; corporate; lease; performance
The full article is available to subscribers to the journal.
Author's Biography
Steven Fox manages a team of lease and property management software specialists at MRI Software, a provider of real estate software applications and hosted solutions for occupiers, investors and owners. Tasked with helping corporate organisations manage their global property portfolios, Steven is responsible for the adoption and implementation of software in the space, while also helping to lead MRI’s overall CRE strategy. As part of this brief, he is established as a principal voice on the impact of evolving lease accounting standards — primarily how technology can be harnessed to ensure compliance and continued best practice for property and finance departments.
