Disruptive advancement: Leaders of the new

Tue, 05/24/2016 - 15:40

By RICS Digital

Discover how, if manipulated properly, big data, technology and the right people can create new opportunities in the built environment market. Watch this fascinating World Built Environment Forum panel session chaired by Neil Shah with Benjamin Miller (CEO of Fundrise) Michael Mandel (CompStak), Diane J. Hoskins, FAIA, NCARB, FA-CEO at Gensler) and Raj Singh (Altus Group)

RICS Futures explores the implications of key drivers for change to 2030, from mass urbanisation and the emergence of real estate as an investment class, to the rise of the worldwide middle class and the revolutionary promise of big data. Download the report now

 

What is the World Built Environment Forum?

The World Built Environment Forum is the global network of built environment professionals and their stakeholders aimed at combining knowledge, skills and resources to create and manage the built environment that global populations need.  

What is the Annual Summit?

The Annual Summit offers a regular meeting place for the World Built Environment Forum to discuss the most pressing challenges and identify practical solutions, and to network with international peers. Held in a different urban hub every year, the first two editions of the Annual Summit took place in Washington DC in 2016 and in Shanghai in 2017. The next Annual Summit will be in London on 23-24 April 2018.

Find out more about the WBEF, access videos from the event and get details of upcoming events

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Comments

Submitted by Domenico Medori on Tue, 05/31/2016 - 16:36

Very Interesting regarding the challenges ahead for the valuation industry

Submitted by Mahmoud Bader on Tue, 05/31/2016 - 19:42

It is awesome discussion. I think the security and confidentiality of information handling will remain a challenge for the business.

Submitted by Tai Keung Dean Hong on Fri, 06/03/2016 - 11:07

RICS Future considers the Globe sustainable development from now to 2030 on built-environment sector / business model and social sector / evolution model.

1. Business model envisions

- Increasing megacity aggregation & mass urbanization, demand and rise of middle class & unfolding value of suburb land from primitive use.

- Disruptive technology gives smart built work, as INTANGIBLE KNOWLEDGE.

- Property investment / Scarce Asset is an alternative worth consideration of wealth rolling, as TANGIBLE THING.

- Property industry needs growing further client focus as well as collaboration among various stakeholders.

Business model enables financial and personal career wellbeing to grow business and individual living.

2. Evolution model enlightens

- Reserve for Talent partnership as HUMAN-WISE INPUT.

- Maintaining ethics on business challenge as HUMAN-WISE INPUT.

- Big date utility to categorize and learn divided trends.

- Leadership with various local Government and interested stakeholders to win their listening and patronage, as HUMAN-WISE INPUT.

Evolution model moves forward city evolution to raise civilized human and social value.

In my opinion, the Business model and Evolution model are two drivers to allow the industry to exploit the opportunity and to overcome challenge in the way ahead 2030.

Submitted by Tai Keung Dean Hong on Fri, 06/03/2016 - 11:34

As all learn, Business model is aimed to support the wellbeing of the built environment sector while Evolution model is aimed to strengthen that of social sector.

With no doubt, Business model gives rise to the micro-market dynamics.

Evolution model promotes the macro-market interaction.

As a whole, Micro market of the property sector and Macro market of city-based movement feed and grow in a loop and becomes mutually beneficial to each other.

To recall, the concept of turning capital to resource and final production we live.

In my view,

Classical: Human Labor, Land, Machinery

Future ahead 2030: Human Value, Livable City, Knowledge-based Technology

Submitted by Beom Soo Kim on Tue, 06/07/2016 - 09:59

Not only the sustainability but also use the big data for the better work it is really good way to improve the efficiency for our work.

Submitted by Suthee Sumatanonsak on Tue, 06/07/2016 - 11:44

To my specialism, I like the points that Diane Hoskins of Gensler made about BIM, VR, workplace index and sustainability as well as one of her fine phrases "not to design building but consider what building should be designed" I wish architects practicing in my local real estate industry would have viewed and listened to what she said.

Submitted by CHUN KOK LOO on Tue, 08/30/2016 - 15:19

In the global economy environment, the most of professional also required facing the similar challenges.The real world of property/construction is a world of complexity, of change, of messiness, flow & process and can not be associated merely to simplicity and unchanging objects.

Submitted by Adam Garner on Fri, 03/03/2017 - 19:23

Excellent presentation of some of the issues faced within the industry. Good discussion points and the questions from the floor were intriguing.

Submitted by Rohit Karve on Fri, 04/14/2017 - 10:32

Interesting regarding the challenges for the security and maintaining the confidentiality of information that we possess and how we are suppose to use it for the betterment of other colleagues in the industry. Liked the final question asked.

Submitted by Sarah LewisBriggs on Fri, 09/08/2017 - 15:00

Fascinating debate about 'the future'.  A few things spring to mind:

- retail is already showing signs of having suffered from the effects of online shopping, as was predicted about 15 years ago or more.  Are driverless cars really going to make this any worse?

- re. the above and the fact that more people are moving into cities and towns (at least, that was a prediction in 2009 and is referred to in the talk - I wonder what the UK figures are?), I think there will be growth in the leisure sector including eating out (there is a huge demand for chefs, but I wonder if that relates to more complex factors than just growth in eating out but also to the fact that hours tend to be long and pay relatively low)

- people have been talking about fewer office-based jobs and fewer offices for several decades - I'm not sure it's really happened.  Again, as they say in the talk, people like face-to-face and like the social aspects of work.  And if anything rather than having paperless offices we seem to be using more paper...

- it would be really interesting to hear a debate by experts with knowledge of the developing nations.  Are they leaping over certain steps of industrialisation and going straight to being technology-based?  (if that makes sense).  However I saw a report about Greece recently which suggested that some people at least are going to agriculture.  And after all, we all have to eat...

And finally... can people in the UK invest in FundRise?!