Business Alignment (2) Flashcards
How did the corporate functions in Cornerstone get involved in developing the next asset management strategy?
Their involvement was proactive and strategic.
How did you proactively involve them?
By engaging in regular communication and collaboration.
How did their involvement help?
It provided diverse perspectives and expertise.
Did their involvement lead to better outcomes?
Yes, it resulted in improved decision-making.
What data did you collect to inform the strategy?
Market trends, client feedback, and financial performance metrics.
Did you experience any issues with data collection?
Yes, there were challenges with data accuracy and availability.
How did the asset management strategy provide a strategic solution to your client’s requirements?
It aligned with their goals and addressed specific needs.
How has the external market impacted the organisation?
It has influenced operational adjustments and strategic planning.
How has the business changed?
It has adapted to new market conditions and client demands.
What is the strategic use of real estate?
To optimize asset value and support business operations.
What are the benefits of decentralisation?
Increased flexibility and responsiveness to local markets.
What are the benefits of centralisation?
Enhanced control and consistency across the organization.
What are the negative impacts of both?
Decentralisation can lead to fragmentation; centralisation may stifle innovation.