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The critical role of data governance in corporate real estate

Author

Listed:
  • Wales, Phil

    (EBUSINESS STRATEGIES, LLC, USA)

  • Wessels, Johan

    (Senior Vice President, Strategic Advisory Services, EBUSINESS STRATEGIES, USA)

Abstract

What is the role of data governance in today’s corporate real estate (CRE) organisation? This paper aims to lay out the importance of following a proven approach to developing a data strategy, advancing data maturity, developing critical data analytics and meeting the increasing pressure for accountability in CRE operations. The reader will learn about familiar challenges and the importance of aligning cross-functional data in order to guide your organisation on a road to both efficient return on investment (ROI) within your portfolio and compliance with the ever-increasing regulations being imposed on the CRE profession. This paper clearly lays out a roadmap for a journey towards successful data governance, or if you are already on that path, a validation of where you are on the maturity curve.

Suggested Citation

  • Wales, Phil & Wessels, Johan, 2023. "The critical role of data governance in corporate real estate," Corporate Real Estate Journal, Henry Stewart Publications, vol. 13(1), pages 23-31, September.
  • Handle: RePEc:aza:crej00:y:2023:v:13:i:1:p:23-31
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    More about this item

    Keywords

    data governance; data strategy; data maturity; analytics; ESG;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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