Creating organizational value and aligning with the c-suite is top of mind for progressive real estate and facilities executives. They no longer think in terms of traditional metrics, such as cost per square foot and occupancy rates, but aligning with the strategic imperatives of the C-Suite. These include attracting and retaining top talent, increasing image value and reputation, along with productivity, innovation, and speed to market. This new way of thinking is transforming the industry and has us all REimagining success. REimagine is the focus of the upcoming Corenet Global Summit in San Diego, and I am excited to be taking part in such an exciting event.
Driving business imperatives. REimagine the function of corporate real estate; and how it delivers value to the larger organization it serves. REimagine how the successful alignment of assets and infrastructure drive overall business results. Innovation in the built environment not only reduces cost, but also maximizes collaboration and human performance. In maximizing human performance, the organization achieves innovation and speed to market. Two issues that every executive will agree are critical to success. REimagination equals true alignment with the business.
Measuring what matters. REimagine how you look at results and how the data identifies problems and opportunities which provide a platform for change. More importantly, think of ways that your data answers the critical questions of the c-suite. Does the physical space lend itself to being a company of employee choice? Does the space promote conviviality? What is the ratio of time that employees spend by themselves vs. in joint sessions? Is that ratio correct for the work function? Are the ergonomics of the space aligned with the job function – thus reducing health care claims? In today’s knowledge economy, return on investment is giving way to Value on investment. Corporate real estate executives who effectively enable the intangibles of community, knowledge, and innovation will emerge leaders in their field and organization.
The REimagination-ing of our business effectively aligns the assets and infrastructure of an organization to meet its current and future challenges. In a time when product development cycles are shorter than ever, competition is fierce, and the best talent is harder to find, the need for total alignment and effective collaboration has never been clearer. The larger return on investment is the success of the facilities management and real estate function and what they can bring the organization by driving business outcomes.
Join Sodexo and other industry leaders as we REimagine, REorient, REignite and REinvent what we do and how we do it. Connect with Sodexo Facilities Solutions at CoreNet (booth 225) or follow the conversation on Twitter #CNGSanDiego through @SDXSolutions.
David Love is a vice president of Facilities Solutions, Sodexo