Creating new markets and transforming business models in the real estate industry
Creating new markets and transforming business models in the real estate industry
Recent environmental changes include declining birth rates, aging demographics, urban population concentration, and labor shortages. These factors, in addition to the diversifications in individual lifestyles and value standards, have caused the real estate, construction, and housing industries to grow more sophisticated and complex. In addition, the further development and evolution of digital technology have caused the spread of area and property designs that utilize smart technology (smart cities, smart offices, smart homes, etc.). Companies in the real estate, construction, and housing industries facing such changes must create new businesses by understanding customer needs and transform existing business models. They must also further enhance productivity, improve quality and strengthen their business management foundation.
Companies in the real estate, construction, and housing industries operate businesses in a wide range of areas. ABeam Consulting provides strategy proposals, business creation plans, operational transformations, and digital technology utilization to support their transformation to “maximize property and company value.”
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People-driven value creation in towns and buildings
Lifestyles and activities have spread and diversified, and the borders are blurring between offices, commercial facilities, and residences amidst varying needs and views. It is difficult to respond to people’s needs simply through the value proposition of individual buildings.
In the real estate, construction, and housing industries, companies must understand the human perspective of work, fun, and living. They must view real estate as a service rather than a product and provide value to customers across the entire area, not just a singular building.
ABeam Consulting understands people’s present needs, exposes latent needs, and defines added values for these needs. We can plan and execute services that create new value in towns and buildings.
Property and company value improvements through ESG management
There has been a recent increase in awareness of the sustainability of society and the social responsibilities of companies. Efforts in the environment, social issues, and governance (ESG) can increase property and company value and have a great impact on the continuation of business activities. Companies in the real estate, construction, and housing industries have connections with many stakeholders, and must also consider ESG for their stakeholders, not just for themselves.
Companies have a basic knowledge of and recognize the importance of efforts for ESG management, such as enhancing employee engagement and well-being. However, many companies struggle because they often don’t know the specific promotional measures, structures, or processes and their efforts do not proceed as they expect.
Selecting a well-experienced partner with a track record in executing ESG practices and promoting ESG management from planning to implementation will improve property and company value.
Implementing true DX with digital technology/data
Amidst the call for DX, the requirements and information foundation for DX have been established in the real estate, construction, and housing industries. However, operational efficiency improvements and data utilization have not accelerated, PoC digital technology testing does not lead to full deployment, and the IT and business departments are not effectively linked.
DX is not simply the use of digital technology. It is important to align the DX strategy with the company’s strategy and operations, construct an HR system and design the organization to link business and IT departments, and raise core IT skills across the company regardless of IT/non-IT personnel.
It is first essential to develop DX strategy and policy in line with the company strategy. After that, companies must pursue “defensive DX” centered on corporate functions by developing organizations, human resources, and HR systems to execute this strategy. They must also focus on “offensive DX” to achieve business model transformation and create new businesses utilizing digital technology. This is crucial for the growth of companies in the real estate, construction, and housing industries.
Centrally managing real estate value chain information through ACRES (ABeam Cloud RE Solution) makes it possible to visualize information, standardize operations, and improve efficiency.
The real estate, construction, and housing industries require a high degree of expertise. Providing client services requires consultants with industry experience and expert knowledge to support company transformation from the client’s perspective. Our consultants support real estate, construction, and housing business operators with everything from strategy development to execution.
ABeam Consulting uses its industry relationships to understand the needs of stakeholders in the real estate, construction, and housing industries, who are also stakeholders in other industries. We provide cross-industry support to co-creation businesses.
We use our business management foundation of digital technology and data utilization to help our clients create new value for buildings and towns, advance existing businesses, and achieve business model transformations.
Business Reform Service with Robotic Process Automation (RPA) (Japanese)
Data-Driven Business Management Implementation Support Service (Japanese)
Business Model Transformation (Japanese)
Pre-M&A Support (Japanese)
AI-Driven Business Process Plan Optimization Service (Japanese)
Consulting Service for AI-Driven Demand Forecasting (Japanese)
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