As it currently operates, the commercial real estate construction
industry is a disaster full of built-in waste. Seventy-percent of
all projects end over budget and late. The buildingSMART Alliance
estimates that up to fifty-percent of the process is consumed in
waste. Almost every project includes massive hidden taxes in the
form of delays, cost overruns, poor quality, and work that has to
be redone. Building new structures is a fragmented, adversarial
process that commonly results in dissatisfied customers and
frequently ends in disappointment, bitterness, and even litigation.
The industry must change--for its own good and that of its
customers. But while the industry has tried to reform itself, it
can't do it alone. Real change can only come from business owners
and executives who refuse to continue paying for a dysfunctional
system and demand a new way of doing business.
"The Commercial Real Estate Revolution" is a bold manifesto for
change from the Mindshift consortium--a group of top commercial
real estate industry leaders who are fed up with a system that
simply doesn't work. The book explains how business leaders can
implement nine principles for any project that will dramatically
cut costs, end delays, create better buildings, and force the
industry into real reform.
"The Commercial Real Estate Revolution" offers a radically new
way of doing business--a beginning-to-end, trust-based methodology
that transforms the building process from top to bottom. Based on
unifying principles and a common framework that meets the needs of
"all" stakeholders, this new system can reform and remake
commercial construction into an industry we're proud to be a part
of.
If you're one of the millions of hardcore cynics who work in
commercial construction, you probably think this sounds like pie in
the sky. But this is no magic bullet; it's a call for real reform.
If you're an industry professional who's sick of letting down
clients or an owner who's sick of cost overruns and endless delays,
"The Commercial Real Estate Revolution" offers a blueprint for
fixing a broken industry.
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