Posted by:
Sylvia Koh
Head of Occupier Consulting, Asia Pacific

Strategy and portfolio planning (SPP) means different things to different people. The only constant is – we are not doing it enough.

CoreNet launched, for the first time in Asia, the SPP community at this Summit. As a member of the pioneer leadership team of the community, I am very excited about this initiative. This is what I am passionate about and what I do every day.

That’s why I listened closely to Fredrik Härén’s presentation on creativity yesterday. He explained how an “idea” is the product of taking two existing things and combining them in a new way. I think this is happening in CRE, where we are starting to take scenario planning (used in military and organizational strategy) and combine it with traditional portfolio planning to improve risk management.

Take Fredrik’s example of the nuclear power plant. Why do people working there need to be creative? Because, just like in CRE, they have to imagine every single thing that could possibly go wrong before it happens.

Sylvia

p.s find out more in my new report Lifting Your Game: Scenario planning for real estate, or take our quick online poll