Reworking Proptech

THE FOUNDATIONS OF EFFECTIVE DIGITAL STRATEGY

UNDERSTANDING WHERE YOU ARE ON THE JOURNEY

Whether in the early stages of digital strategy development, or in the search for specific solutions to enhance an existing digital architecture, there are essential steps any organisation can consider.

Are you building your first business case for a new technology? Or considering how to integrate multiple solutions across locations? In either scenario, It’s important to recognise that your strategy should align with the organisation’s current level of digital maturity.

A ROADMAP EMERGES

03 SCENARIO-PLAN THE IMPACT Map specific operational and user outcomes and desired future capabilities.

02 ASSESS CURRENT STATE Identify existing

05 ASSEMBLE

ADVANCED Enterprise-wide approach

INTERMEDIATE Scaling capabilities beyond the basics

STAKEHOLDERS Engage cross-functional teams from IT to procurement and cybersecurity.

1 Steps 2

solutions and journey to date. Ask what is

Development of internal data ecosystem

STARTINGOUT First-time investment in PropTech

Steps 1 2 3

reusable or expandable.

04 ALIGNMENT AND SPONSORHIP

Decide whether to evolve or redesign architecture.

Expand user experience, build automation and drive integration across systems

Focus on data analytics capabilities.

1 Steps

Begin planning architecture starting with core real estate platform such as a computerises maintenance management system (CMMS)

Gain executive endorsement and budget support for the business case.

3

Scaling existing capabilities and a focus on niche tech in sustainability and wellness

Move into new capability areas such as user experience, sensor-based automation or sustainability

01 DEFINE THE VISION Document the goals and purpose of the digital workplace strategy.

2

4

Leverage supplier partners for automation

Active partnerships and investment in emerging tech

4

Establishing strategic technology partnerships

Equipped with this information, decisions can be made about whether an improvement to an existing system, upgrade or entirely new solution is the best way forward. This can provide a cornerstone along the journey to implementation.

+ Benefits

Benefits

Benefits

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+

Foundation system upon which to future-proof capabilities

The right architecture and support to drive value from ongoing investment

Gaining economies of scale, di€erentiated capabilities and integration benefits

CUSHMAN & WAKEFIELD CONTACT ME TO START REWORKING MY REAL ESTATE STRATEGY

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REWORKING PROPTECH