M.I.S Holdings Ltd.

(A sister concern of HERA Group) a successful and pioneering real estate

company in Bangladesh began its journey in 2009. Since then, the company has positioned itself
as a major player in Bangladesh's real estate sector. M.I.S Holdings Ltd. is trying to provide
accommodations suitable for small families while creating scope for development of residential
Apartments in the vicinity of the capital city. To ensure reliability and customer satisfaction, this
real estate company uses the highest quality of building materials and finished goods. M.I.S
Holding Limited developed their corporate strategies for the year, corporate real estate (CRE)
teams need to make sure they can keep the lights on quite literally and continue to work on
activities outside of their traditional remit, looking beyond cost and space reduction to find ways
to support company strategy. Six steps for Creating a Strategic Plan in Corporate Real Estate,
company. As organizations develop their corporate strategies for the year, M.I.S Holding
Limited teams need to make sure they can keep the lights on quite literally and continue to work
on activities outside of their traditional remit, looking beyond cost and space reduction to find
ways to support company strategy.
The following six steps are-

Lay the groundwork:

Heads of M.I.S Holding Limited teams must first define and set a vision for the function. To
do this, be sure to avoid an insular view by engaging business partners early. Consider which
activities no longer support the vision to free up resources to support new initiatives. The M.I.S
Holding Limited team should also collaborate with stakeholders, particularly the CFO, to set out
a timeline for the strategic planning process and obtain commitment to the plan, which will be
important to ensure funding of M.I.S Holding initiatives. Even the best-laid plans can be
upended by short-term priorities, so teams will need to design plans that can be managed and
tracked through the year.

Understand business goals:

Heads of M.I.S Holding Limited, should collaborate with C-level executives and other
senior managers to understand how they can support long-term strategy. This company, can then
assess external forces (economic, regulatory and technological factors) and how they will affect
real estate priorities. Managers of different corporate functions may not completely understand
their real estate requirements, so this M.I.S Holding company teams should look at the overall
objectives and offer support, when possible. It is crucial to have confident customer relationship
managers on the team to have constructive conversations around occupancy planning and space
forecasting — both of which are critical to facilitating business goals
Identify improvement areas:
Next, M.I.S real estate company leaders will need to evaluate the function’s current
capabilities. Through self-assessment and business partner feedback, leaders can better
understand the strengths and weaknesses of the team. It’s important to consider the impact of on
fulfilling corporate goals rather than just tracking operational metrics. Don’t simply focus on
hitting metrics.

Determine how to achieve real estate objectives:

This real estate company leaders should leverage their knowledge of the team’s capabilities
to translate business goals into functional objectives. Once this company teams determine how to
fulfill these goals, they then need to identify metrics to measure progress, determine the
resources required and assess the risks that could affect their plan. Ultimately, the end goal is for
this real estate company to obtain a prioritized list of strategic initiatives that also includes
metrics to measure them.

Communicate the plan to stakeholders:

To drive alignment and commitment across the function, the strategic plan must be
communicated to different stakeholder groups. Build a dashboard that connects portfolio and
workplace performance with business outcomes. Dashboards should contain compelling metrics
for the target internal audiences to support the value proposition of this real estate company
teams. With input from senior leadership, the plan can then be delivered to business-unit leaders,
the function’s leadership team and then to all staff. It’s key to deliver a consistent message across
the organization to ensure that employees don’t receive conflicting information.

Monitor your progress:

Once the plan is implemented, employees have to measure progress against defined
objectives. Periodically reassess guideline relevance to ensure changes in M.I.S Holding real
estate companies strategy and local needs are reflected. Reevaluate the asset management task
list to add or eliminate tasks. This is a crucial step to reassure business partners who are typically
risk-averse and could hinder the execution of the entire strategy.