State of the Industry Report 2007-2008

Chapter Two eXternal InfluenCIng faCtors Major drivers and trends that have pronounced or redefined themselves since 2004 include: • Global economic growth - Corporate expansion - Energy prices - Building materials - Competition for labor - War for talent Key Bus i ness Drivers • Corporate transparency/Sarbanes-Oxley • Continued development of technology to enable - Globalization remote work - Technology • Continued evolution of the nature of work: - Workforce Demographics - Redefinition of work - Rate of Change - Mobility what Core 2010 saId Cre wIll be lIke In 2010: - Sustainability & Corporate ‘The role of CRE must become enabling work wherever Social Responsibility it takes places . . . and supporting individuals working in many different places at different times’ In 2004, here’s how CoRE 2010 foresaw the changing business environment: the ChangIng busIness enVIronment key business drivers • Globalization • Technology • Workforce Demographics Critical Success Factors • Rate of Change • New Business Risks Knowledge Management • Sustainability &Corporate Social Responsibility Flexibility Critical success factors - Transparency • Knowledge Management • Flexibility - Integration • Segmentation - Risk Management • Transparency • Integration CoRE 2010 Synthesis Report 2004 • Risk Management CoRE 2010 Synthesis Report 2004 Of three types of major change, CRE tends to be tied to the long-term or more ‘secular’ variety. - Segmentation - New Business Risks Of three types of major change, CRE tends to be tied to the long-term or more ‘secul Drivers of Change chapter two LongTerm Cyclical Economic Shocks Time © 2007. CoreNet Global. All rights reserved. Sustainability, Energy and Carbon Emissions as New Business Drivers CoRE 2010 foresaw sustainability and CSR as key drivers of CRE but did not antici weight or velocity of related issues like climate change, energy management and car reduction that rose with unprecedented velocity on the corporate agenda in 2007. State of the Industry 2007-2008 8 http://www2.corenetglobal.org/home/index.vsp

Table of Contents Feed for the Digital Edition of State of the Industry Report 2007-2008

State of the Industry Report 2007-2008 Contents Chapter 1: Introduction : CoRE 2010 Framework and Report Structure Chapter 2: The Changing Business Environment Chapter 3: Executive Summary of Key Findings and Conclusions Chapter 4: CoRE 2010 Adoption Rate Chapter 5: Sustainability/Corporate Social Responsibility Chapter 6: Global Sustainability Survey and Roundtable Findings Chapter 7: Workplace Practices/Work Environments Chapter 8: Workplace Related Issue: The War for Talent Chapter 9: Asset Management/Portfolio Optimization Chapter 10: Solutions Delivery Chapter 11: Location Strategies/The Strategic Role of Place Chapter 12: Location Related Issue: Site Selection Morphs to Portfolio Alignment Chapter 13: Strategic Competencies/Enterprise Leadership Skills Chapter 14: Competencies Related Issue: The War for Talent in Corporate Real Estate (CRE) Chapter 15: Integrated Resources Infrastructure Solutions – IRIS Chapter 16: Technology and the Web Chapter 17: Technology Related Issue: Removing the Obstacles to Industry Data Standards Acknowledgements and Sources

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