Print Email Facebook Twitter Impact of real estate interventions on organisational performance Title Impact of real estate interventions on organisational performance Author de Vries, JC (TU Delft Real Estate Management) de Jonge, H. (TU Delft Real Estate Management) van der Voordt, Theo (TU Delft Real Estate Management) Date 2008 Abstract Background: Real estate is increasingly used as a source of improving the performance of organisations by an improved image, cost reductions, increased employee satisfaction and increased labour productivity. A clear conceptual framework and standardised Key Performance Indicators (KPIs) are needed to understand and monitor the effects of real estate interventions.Purpose: This paper aims to explore the added value of real estate interventions to organisational performance, theoretically and empirically, including unforeseen positive and negative side-effects.Methodology: The conceptual framework was based on an extensive literature survey and empirically used in a survey among 47 Institues of Higher Professional Education (IoHPEs) in the Netherlands and additional in-depth interviews at nine Institutes. The effects of real estate interventions were studied by conducting time series analyses of changing organisational performance using several KPIs.Findings: The study has shown that real estate interventions actually improve organisational performance. However, the effects are not always as positive as expected, nor are they always clearly visible when using the present KPIs for organisational performance. In addition, some effects are temporary.Practical implications: The conceptual framework and the suggested KPIs can be used to support managers in effectively steering on organisational performance by means of real estate interventions, formulating targets in a SMART way, setting priorities with regard to their organisation’s main objectives, and monitoring the effects.Originality: The conceptual framework integrates know-how from various studies and fields and was empirically used in educational settings Subject Added valuecorporate performancecorporate real estatereal estate interventionsKPIs To reference this document use: http://resolver.tudelft.nl/uuid:5b1650fa-ace3-4e3f-9678-5ae51d21a36a DOI https://doi.org/10.1108/14630010810922094 ISSN 1463-001X Source Journal of Corporate Real Estate, 10 (3), 208-223 Bibliographical note Accepted Author Manuscript Part of collection Institutional Repository Document type journal article Rights © 2008 JC de Vries, H. de Jonge, Theo van der Voordt Files PDF 2008_DeVries_DeJonge_Vand ... rmance.pdf 540.55 KB Close viewer /islandora/object/uuid:5b1650fa-ace3-4e3f-9678-5ae51d21a36a/datastream/OBJ/view