Sound Foundations For Bricks And Mortar Management
- Topics:
- Strategic Management Tools
- Tags:
- Business Operations,
- It Operations,
- Outsourcing,
- Outsourcing & Subcontracting,
- Real Estate,
- Real Estate Management
- Source:
- Penton Media
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Overview: It has been found out that real estate can be one of a company's largest expenses, and managing it is not a core competency for most organizations. While outsourcing facilities maintenance and management is growing, it is still a minor business trend. The question it tries to address is "Why?" As companies continue to shed functions that are not considered core to their business, real estate management has become a prime candidate for outsourcing. However, making the decision to outsource real estate management is not always easy, primarily because most companies fail to maintain comprehensive data on their property holdings and transactions. Companies that choose to outsource real estate management must decide what type and level of outsourcing they need. Recognizing companies' diverse needs, most real estate outsourcers offer several different flavors of service. In general, there are three levels of real estate outsourcing. These are tactical, strategic, and transformational. All these have been discussed in detail. Thus, this provides or helps an organization to take decision with respect to outsourcing.
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Format: HTML | Date: Nov 2001 | Pages: 1
