How you can '๐๐ฅ๐๐ฒ ๐ญ๐จ ๐๐ข๐ง' in the pursuit of Sustainability in Real Estate.
Because only participating isn't enough when it comes to our planet's future!
Wondering if Roger L. Martin and A.G. Lafley's "Playing to Win" strategic framework can guide ESG Strategies in real estate?
Why not? It has been proven to work in many arenas beforeโฆ
I have been designing different strategy workshops lately, and revisited several frameworks that might be helpful for getting started.
"Playing to Win" feels like a good candidate to me. With its 5 steps I believe it can help overcome the analysis paralysis that many face when starting with their strategy.
Here are the question to ask yourself to get started...
1๏ธ) ๐๐ซ๐ญ๐ข๐๐ฎ๐ฅ๐๐ญ๐ ๐๐จ๐ฎ๐ซ ๐๐ข๐ง๐ง๐ข๐ง๐ ๐๐ฌ๐ฉ๐ข๐ซ๐๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ข๐ฅ๐ข๐ญ๐ฒ
What does 'winning' mean for your real estate projects when it comes to sustainability? Is it achieving net-zero buildings, leading in social impact, or setting new industry standards in heath and wellbeing?
2๏ธ) ๐๐๐ญ๐๐ซ๐ฆ๐ข๐ง๐ ๐๐ก๐๐ซ๐ ๐ญ๐จ ๐๐ฅ๐๐ฒ
Mapping your projectsโ lifecycle and supply chain can help you find your focus. Where will your sustainability efforts have the most significant impact?
3๏ธ) ๐๐จ๐ฐ ๐ญ๐จ ๐๐ข๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐ก๐จ๐ฌ๐๐ง ๐๐ซ๐๐ง๐
Now think about your playing field. How will you achieve your sustainability goals? Do you have to collaborate with your value chain partners to deliver on your circular economy vision. Do you have to invest in bio-based technologies? Or do you need to foster partnerships within the urban community?
4๏ธ) ๐๐๐ฏ๐๐ฅ๐จ๐ฉ ๐ญ๐ก๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐๐๐ข๐ฅ๐ข๐ญ๐ข๐๐ฌ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ ๐ญ๐จ ๐๐ข๐ง
What skills and resources do you need to realize your sustainability vision? Think about developing in-house sustainability expertise, finding external partners to educate or guide you and also about embracing digital tools for better resource management.
5๏ธ) ๐๐ฆ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ ๐ญ๐ก๐ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐ญ๐ก๐๐ญ ๐๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐๐ฎ๐๐๐๐ฌ๐ฌ
How will our organizationโs structure and processes support your sustainability ambitions? How can you ensure that sustainable thinking finds its way into every business decision? What incentives can you come up with?
Crafting a winning sustainability strategy in real estate isn't just about setting goals. It's about making deliberate choices on where and how to make a difference, developing the capabilities to do so, and putting the right systems in place to ensure success.
What does your strategy to win in sustainability look like? And what does 'winning' actually mean for you when it comes to Sustainability?
Share your thoughts and letโs discuss how to turn your ambition into action.
Ready to start your journey to sustainable practices? I'm here to guide your ascent. Book a first call to explore how we can make a meaningful impact on the Built Environment together.
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