Steven Wilder from ‘The Changing Workplace” has submitted a wonderful whitepaper on Data Integrity for Corporate Real Estate Management.
The whitepaper outlines four key steps to global industry best practice for data integrity. It explains practical approaches that corporate real estate managers can take in order to achieve the assurance that data is consistent, trustworthy and can be reconciled.
According to The Changing Workplace:
“Data integrity is the single most effective route to achieve optimal value of the capital invested, increase top-line revenue and encourage re-use of key knowledge and best practices. But only a centralized, integrated approach can deliver true data integrity for real estate management”.
As a result of the economic challenges of the past few years, organizations are much more aware – and appreciative – of the role real estate management can play in impacting monetary outlays and driving financial performance. Indeed a recent study by Aberdeen Group in 2009 found that around 65% of organizations perceived real estate and facilities management as a more strategic enterprise function.
However, while most global organizations today have implemented some form of Integrated Workspace Management System, many will also have experienced the limitations of these systems. In most cases the information required for effective real estate management still sits in disconnected silos within the enterprise.
By adopting global industry best practice and taking a centralized, consistent, planned approach to data integrity, organizations will benefit from instant access to a single view of the entire property portfolio that gives decision makers the edge they need to drive the business forward.
Click to download the whitepaper.