Sunday, June 7, 2009
When globalization developed momentum it quickly over ran most organization’s ability to track operational and portfolio data in a coherent manner. Recall also that the break up of the
Soviet Union both added political instability and introduced new business energy into the Eastern European region. Stir that pot just a bit and you have one very interesting recipe. CRE/FM teams raced to support business expansions in an often times chaotic environment. Making it more difficult was the lack of comparative data. Forget about trying to normalize against Western measures, we often couldn’t normalize between two Eastern countries. Each, it seemed, had their own business calculus. They measured space differently and often something as simple as that had no standard within a country.