As it presently operates, the commercial real estate building business is a catastrophe full of constructed-in waste. Seventy-p.c of all initiatives end over budget and late. The buildingSMART Alliance estimates that up to fifty-percent of the method is consumed in waste. Nearly each undertaking includes massive hidden taxes within the form of delays, cost overruns, poor high quality, and work that needs to be redone. Building new structures is a fragmented, adversarial course of that commonly ends in dissatisfied customers and ceaselessly ends in disappointment, bitterness, and even litigation.
The industry should change-for its personal good and that of its customers. But whereas the business has tried to reform itself, it may possibly’t do it alone. Real change can only come from business homeowners and executives who refuse to proceed paying for a dysfunctional system and demand a new method of doing business.
The Business Actual Estate Revolution is a bold manifesto for change from the Mindshift consortium-a gaggle of high business real property business leaders who are fed up with a system that simply doesn’t work. The book explains how business leaders can implement 9 principles for any undertaking that can dramatically lower costs, end delays, create better buildings, and force the business into real reform.
The Commercial Real Estate Revolution gives a radically new means of doing enterprise-a beginning-to-end, trust-primarily based methodology that transforms the building course of from high to bottom. Based mostly on unifying rules and a common framework that meets the wants of all stakeholders, this new system can reform and remake commercial construction into an industry we’re proud to be a part of.
In the event you’re one of the tens of millions of hardcore cynics who work in commercial development, you most likely think this appears like pie in the sky. But that is no magic bullet; it’s a call for real reform. When you’re an business professional who’s sick of letting down shoppers or an owner who’s sick of price overruns and endless delays, The Commercial Actual Estate Revolution offers a blueprint for fixing a broken industry.
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