Key Takeaways from the CoreNet Global Summit
“Blurring the Lines, Transcending Boundaries” was the theme of the 2017 CoreNet Global Summit, held last month in Seattle. For our readers who were not able to attend, below is a snapshot of some of the most important takeaways from the two-day event. (Want to learn more? Click the links to go to the full article and/or read more of each topic).
1. “If you are not a driven company, you will be out of business.”
The keynote session on Day 1 – “Exponential Technology: Innovation and Disruption on the Road Ahead” – kicked off the Summit and had attendees mulling over a swarm of information right off the bat. In the session, Peter Diamandis, the Chairman and Cofounder of Singularity University, a Silicon Valley think tank, offered his take on the future impact of technology for our businesses and our lives, including three key points:
- Radical transparency – the idea that the minute you do something it is visible to the world.
- Everything in the future, and some places today, will be tracked by data.
- “If your company is not driven, you will be out of business.”
2. “It’s becoming more about approaches and styles.”
The session entitled, “From Higher Ed to Higher Performance – Striking a Balance,” looked at the growing collaboration between businesses and higher education. According to presenters, corporate real estate is beginning to garner a significant geographic presence right next to campuses throughout the country. This close proximity is particularly attractive to businesses that want to attract the best and brightest of the next generation workforce. Learn other insights from this session.
3. WELL Worth It
One of the breakout sessions on Day 1 of the Summit focused on the implementation of the WELL standard at TD Bank, one of the top 10 largest banks in the United States. To prove that the guidelines of WELL were worth the expense, TD Bank designed two identical floors of an office building to house one of its business units, with the only difference between the two floors was the inclusion of WELL design features on one floor. They achieved statistically significant (double-digit) improvements in lighting, nourishment, ergonomics and other areas.
4. “Keep all assumptions visible to the CFO.”
In “CFO Perspective on Corporate Real Estate,” presenters suggested multiple strategies for making strong financial decisions, including the need to:
- Keep all assumptions visible to the CFO, not just the costs.
- Clearly articulate the combined understanding of the strategy and the business request.
- Understand that technology is now the #2 cost in facilities, right behind people.
5. “70% of the future jobs in 2025 have NOT yet been invented.”
In the last session of the conference, “Future Proofing: Are you Ready,” each table was given a point of view, e.g., workplace, procurement, etc., and asked to envision how trends such as workplace flexibility and technology would impact their opportunities by 2025.
ABOUT THE AUTHOR
Bryon D. Sutherly, A.I.A., CDT
Hixson Sr. Project Architect and Leader,
Workplace Strategies & Corporate Workplace Business Unit
In his role as Senior Project Architect at Hixson, Bryon Sutherly is responsible for programming, design, and related tasks for Hixson’s Corporate Workplace and R&D projects. Bryon, who holds a Bachelor of Architecture from the University of Cincinnati, also serves as the Lead for the firm’s Corporate Workplace Strategic Business Unit.
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