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The current commercial real estate construction industry is full of built-in trash. 70% of all projects exceeded budget and were late. The buildingSMART Alliance estimates that up to 50% of the process is wasted. Almost every project includes delays, cost overruns, poor quality, and a large number of hidden taxes that must be redone. Establishing a new structure is a decentralized, confrontational process that often leads to dissatisfied customers and often ends with disappointment, pain, and even litigation. The industry must change for the benefit of itself and its customers. However, although this industry tries to reform itself, it cannot do it alone. The real change can only come from business owners and managers who refuse to continue to pay for dysfunctional systems, and they need a new way of doing business. The commercial real estate revolution was a bold declaration that transformed the Mindshift consortium into a group of top commercial real estate industry leaders who were tired of a system that had no job at all. This book explains the nine principles of how business leaders implement any project. These principles will significantly reduce costs, end delays, create better buildings, and force the industry to undergo real reforms. The commercial real estate revolution provides a completely new way to conduct business. It is a terminal-based, trust-based approach that transforms the building process from top to bottom. Based on a unified framework and a common framework that meets the needs of all stakeholders, this new system can transform commercial buildings and transform them into industries we are proud of. If you are one of the millions of hardcore gamers working in commercial construction, you might think it sounds like a pie in the sky. But this is not a magic bullet; it is a call for real reforms. If you are an industry professional and they are bored with owners who let their customers let alone, or because of cost overruns and endless delays, the commercial real estate revolution provides a blueprint for repairing broken industries.
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Orignal From: Commercial Real Estate Revolution: Nine Transformation Keys to Lower Costs, Cut Waste and Promote Breaking Industry Change
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