The Commercial Real Estate Revolution (eBook)

Nine Transforming Keys to Lowering Costs, Cutting Waste, and Driving Change in a Broken Industry

Rex Miller, Dean Strombom, Mark Iammarino, Bill Black (Autoren)

eBook Download: PDF

2009 | 1. Auflage
352 Seiten
John Wiley & Sons (Verlag)
978-0-470-52368-1 (ISBN)

Infos

As it currently operates, the commercial real estate construction
industry is a disaster full of built-in waste. Seventy-percent of
all projects end over budget and late. The buildingSMART Alliance
estimates that up to fifty-percent of the process is consumed in
waste. Almost every project includes massive hidden taxes in the
form of delays, cost overruns, poor quality, and work that has to
be redone. Building new structures is a fragmented, adversarial
process that commonly results in dissatisfied customers and
frequently ends in disappointment, bitterness, and even litigation.

The industry must change--for its own good and that of its
customers. But while the industry has tried to reform itself, it
can't do it alone. Real change can only come from business
owners and executives who refuse to continue paying for a
dysfunctional system and demand a new way of doing business.

The Commercial Real Estate Revolution is a bold manifesto
for change from the Mindshift consortium--a group of top
commercial real estate industry leaders who are fed up with a
system that simply doesn't work. The book explains how
business leaders can implement nine principles for any project that
will dramatically cut costs, end delays, create better buildings,
and force the industry into real reform.

The Commercial Real Estate Revolution offers a radically
new way of doing business--a beginning-to-end, trust-based
methodology that transforms the building process from top to
bottom. Based on unifying principles and a common framework that
meets the needs of all stakeholders, this new system can
reform and remake commercial construction into an industry
we're proud to be a part of.

If you're one of the millions of hardcore cynics who work
in commercial construction, you probably think this sounds like pie
in the sky. But this is no magic bullet; it's a call for real
reform. If you're an industry professional who's sick
of letting down clients or an owner who's sick of cost
overruns and endless delays, The Commercial Real Estate
Revolution offers a blueprint for fixing a broken industry.

Autor

REX MILLER is a consultant and veteran sales and management executive in commercial interiors and project delivery. He helped create the Mindshift consortium, made up of top executives from America's largest construction and architecture firms, which creates new paradigms and practices for the commercial real estate industry. DEAN STROMBOM is a Principal at Gensler, the world's largest architectural firm. MARK IAMMARINO is Vice President and General Manager of Special Projects for Turner, the largest construction company in the United States. BILL BLACK is National Director of Strategic Business Solutions at Haworth, a leading manufacturer of commercial office interiors.

Inhalt

Acknowledgments.

Foreword.

Introduction: The Money Pit.

Part One: The Commercial Real Estate Money Pit.

1 The $500 Billion Black Hole.

2 What Every Executive Needs to Know About Low-Bid
Contracting.

3 From Fragmentation to Integration.

Part Two: Making the Mindshift.

4 Working the Mindshift.

5 What Does a Trust-Based Project Look Like?

Part Three: Nine Transforming Keys to Lowering Cost, Cutting
Waste, and Driving Change in a Broken Industry.

6 Key 1: Trust-Based Team Formation.

7 Key 2: Early Collaboration.

8 Key 3: Built-In Sustainability.

9 Key 4: Transformational Leadership.

10 Key 5: "Big" BIM.

11 Key 6: Integrating Project Delivery.

12 Key 7: Trust-Based Agreements and Client-Centered
Incentives.

13 Key 8: Offsite Construction.

14 Key 9: Workplace Productivity.

Appendix 1: Mindshift Core Team.

Appendix 2: Mindshift Advisors.

Appendix 3: Recommended Reading.

Appendix 4: Website Resources and Links.

Appendix 5: Mapping the Future.

Notes.

References.

Index.

Produkt-Details

• Erscheint lt. Verlag: 23.6.2009
• Sprache: englisch
• Themenwelt: Recht / Steuern ► Wirtschaftsrecht
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Rechnungswesen / Bilanzen
• Themenwelt: Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Immobilienwirtschaft
• Schlagworte: Architecture • Architektur • Berufspraxis i. d. Architektur • Business & Management • Immobilien u. Grundbesitz • Professional Practice • Property & Real Estate • Wirtschaft u. Management
• ISBN-10: 0-470-52368-9 / 0470523689
• ISBN-13: 978-0-470-52368-1 / 9780470523681