The Leader - November/December 2007 - (Page 88)

DIsc over y forum fINDINGs london, texas, chicago london Discovery forum Host: JPMorgan Chase Bank N.A. Sponsor: HOK International, Ltd. BP International Richard Paver, VP Group Real Estate, BP International gave a presentation on corporate real estate (CRE) management at BP. “Our vision is to provide competitive, progressive and flexible real estate solutions to allow the business to perform with distinction,” Paver said. All transactions must meet the company’s ethical standards. With a large global portfolio and an in-house team of just 10 people, Group Real Estate obviously is heavily leveraged with external partners. “We made a very significant change last year,” Richard said. “A year ago the internal team was much bigger. Before, we had a soup-to-nuts approach – we did it all. We decided we wanted to get out of the ‘doing.’ ” Before the shift in approach (July 2006) Group Real Estate had more than 500 employees. financial contribution that plays a role in creating sustainable competitive advantages for the firm, he asserted. “There’s plenty of scope for Real Estate involvement in these,” he said. texas Discovery forum Host: NCH Corporation Open Standards Consortium for Real Estate – OSCRE The industry-wide initiative to set data and other life-cycle asset management standards has entered its seventh year with the recent introduction of a key piece of the platform: the Commercial Information Exchange (CIE). The new exchange aligns leasing rates, property listings and other disparate data sources that drive transactions. It’s an example of OSCRE’s objective “of managing to the life cycle of the asset every day,” as Mark Kingston, CEO of Realm Technologies and an OSCRE board member, related in presenting a progress report on OSCRE. NCH Corporation As Director of Corporate Real Estate at NCH Corp., Don Moulton oversees a mixed global portfolio of nearly 3.5-million square feet in 52 countries. As a result, he’s had a lot of hands-on exposure to managing the differences between mature and emerging markets. More than half of NCH’s 8,000 employees are sales representatives, which gives Moulton the ability to reduce the company’s total real estate spend with most of the sales force working from home or the road. General Motors Julian Lyon, Manager, European Real Estate, GM Worldwide Real Estate gave a presentation on “Real Estate Matters: Dealing in Intangibles.” He explained that corporate real estate has both tangible and intangible benefits to the corporation. The tangible influences are routinely tracked by metrics: cost per square foot or meter, density ratios and so on. But the intangible benefits, though harder to measure, are substantial. “What do your properties say about you?” Julian asked. In sustainability and corporate social responsibility, as well as economic development, branding and even dealing with legislative threats and opportunities, CRE can make a decidedly positive, non- 2 0 0 7 the le aDe r 88 November / December

Table of Contents Feed for the Digital Edition of The Leader - November/December 2007

The Leader - November/December 2007 Leadership Contents Message from the CEO Real Estate in the News Investing in India 110 to One Smaller Workspaces, Better Workspaces Innovating the Workplace Through Design Sustainability and Energy Efficiency Getting It Right Using Location Intelligence to Reinvent Franchises Philips International’s Ron Blanken CB Richard Ellis’ Karen Ellzey The State of Louisiana’s Mike Olivier Industry Tracker Economic Developer Directory Discovery Forum Findings Career Development Emerging Leader Economic Development in the News A Look Ahead Executive Development Spotlight

The Leader - November/December 2007

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