{"id":29427,"date":"2021-06-24T06:09:00","date_gmt":"2021-06-24T13:09:00","guid":{"rendered":"https:\/\/www.yardi.com\/blog\/?p=29427"},"modified":"2021-06-24T07:40:53","modified_gmt":"2021-06-24T14:40:53","slug":"canadian-re-insight","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/canadian-re-insight\/","title":{"rendered":"Canadian RE Insight"},"content":{"rendered":"\n

We continue our discussion<\/a> of how to create a supportive technology culture in Canadian real estate organizations with industry leaders Sarah Segal, director of real estate for Informa Connect, and Michael Brooks, CEO of REALPAC.<\/p>\n\n\n\n

Let\u2019s start with Brooks, who itemizes what he considers the most necessary elements for promoting a tech-friendly culture: \u201cI would say attitude, process and leadership,\u201d he says. \u201cAttitude means being receptive to continuous improvement. Process encompasses the search and selection of the best tech fit for the organization. And leadership refers to affirmation from top management that progress and technology adoption are complementary and self-reinforcing virtues.\u201d<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

And what\u2019s the best way to encourage receptiveness to new technology? For Segal, it\u2019s fairly straightforward: \u201cDon\u2019t make it scary. Keep it simple and focused,\u201d she says, because major changes to working processes take time and resources and have the potential to overwhelm. Once the team gets comfortable and realizes how the products benefit their work and the organization as a whole, \u201cyou can grow the offerings and technology stack.\u201d<\/p>\n\n\n\n

\u201cTechnology integration is a journey, not a single product,\u201d Segal continues. \u201cIncremental growth leads to higher returns and better adoption as opposed to big, sudden shifts in how a team works.\u201d It\u2019s a good idea to \u201canticipate concerns and opportunities that may arise and have solutions ready for them. This will lead to increased user acceptance and satisfaction.\u201d<\/p>\n\n\n\n

One of the biggest uncertainties surrounding real estate and the rest of the economy over the past year is, of course, COVID-19. Did the pandemic have an impact on tech adoption?  Segal and Brooks agree that the pandemic gave rise to a paradigm shift for many commercial tech companies.<\/p>\n\n\n\n

In Informa Connect\u2019s case, \u201cwhat had been a 5-10 year plan became a 5-10 month plan,\u201d Segal says, with the pressing need for technology enabling remote work bringing new tech tools such as video conferencing platforms and paperless banking from the fringe to the forefront. \u201cThe nice-to-haves became need-to-haves,\u201d she recalls.<\/p>\n\n\n\n

As Segal and Brooks attest, innovation involves behaviour, attitude and collaboration as much as breakthrough technology. They have demonstrated how long-term strategic thinking can guide smart investments. Look for more insight from them and other industry experts as the Canadian Trailblazers series continues throughout the year.<\/p>\n","protected":false},"excerpt":{"rendered":"

We continue our discussion of how to create a supportive technology culture in Canadian real estate organizations with industry leaders Sarah Segal, director of real estate for Informa Connect, and Michael Brooks, CEO of REALPAC. Let\u2019s start with Brooks, who itemizes what he considers the most necessary elements for promoting a tech-friendly culture: \u201cI would […]<\/p>\n","protected":false},"author":610,"featured_media":29428,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"yes","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6],"tags":[652,1703,1707],"class_list":["post-29427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-canada","tag-cre","tag-real-estate-technology"],"acf":[],"yoast_head":"\nYardi Blog<\/title>\n<meta name=\"description\" content=\"We continue our discussion of how to create a supportive technology culture in Canadian real estate organizations with industry leaders Sarah Segal,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yardi.com\/blog\/canadian-re-insight\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canadian RE Insight\" \/>\n<meta property=\"og:description\" content=\"We continue our discussion of how to create a supportive technology culture in Canadian real estate organizations with industry leaders Sarah Segal,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardi.com\/blog\/canadian-re-insight\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Blog\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-24T13:09:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-06-24T14:40:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2021\/06\/CND_comm-tech-culture_blog-2_13289CND_tech-culture_13289_blog-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"540\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Joel Nelson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Joel Nelson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.yardi.com\/blog\/canadian-re-insight\/\",\"url\":\"https:\/\/www.yardi.com\/blog\/canadian-re-insight\/\",\"name\":\"Canadian RE Insight - 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