Financial Guide: How to Save Money and Create Value in a Tough Economy


Date
22 Feb 2010

Abstract

There is an unrealised opportunity to decrease operating expenses and improve shareholder value and profitability through improved management of real estate and workplace assets. This is due to the absence of the following: an awareness of the potential available, a single 'source of truth’ containing reliable and complete data, a performance measurement system, and a rigorous management approach based upon financial performance targets.

For many organisations, the management of real estate and the workplace remains a somewhat opaque and arcane area. Often this function is viewed as a pure cost of doing business. And, while this can be the reality, more often it can be a potential source of value creation and can be a positive contributor to profitability and increased shareholder value.

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