Big Data: Reshaping the Global Real Estate Industry, Too

Big data is everywhere. The ability to tap into vast quantities of information is influencing virtually every facet of business, and the real estate industry is no exception. What does big data offer? First, up-to-date and reliable information on local and global real estate markets, which can reframe strategic decision-making. Second, the creation of new data sets that may effectively predict housing booms and busts. Consider the global financial crisis of 2007-2008, triggered in part by the U.S. real estate bubble. If… Read More

Big Data: Bringing Two Worlds Together

The term “big data” has become ubiquitous today, yet most people have only a vague idea of what it really means. The famous three “Vs” concept – variety, volume and velocity – often comes up. But this doesn’t really capture the scope of big data. Big data really relates to all aspects of storing, accessing and analyzing data that can’t be carried out through traditional means. That’s why data analysts and professionals in related areas are in such high demand today. But… Read More

Managing People in an Age of Hyperconnectivity

We’re almost all hyperconnected. Our mobile devices allow us to check email, send messages, surf the internet, and monitor social media 24 hours a day, seven days a week. This impacts not only our personal lives but our professional lives as well — and presents executives with new management challenges. How does connectivity affect people management within organizations? We have a few clues from University of Navarra Professor José Luis Orihuela and others. Against ignorance, more training It’s easier to criticize connectivity than dare… Read More