The document discusses how digital disruption is challenging the commercial real estate industry. It summarizes trends in how workplaces are becoming more mobile and collaborative, industrial sectors are becoming more competitive yet some manufacturing may see a rebound, and retailers must adapt to empowered consumers who can shop anywhere. It advocates that governments and economic development organizations capitalize on opportunities through targeted investment attraction, innovation infrastructure, investment readiness programs, and integrated marketing strategies to drive growth.
1 of 9
Download to read offline
More Related Content
Digital Disruption For Econoimc Devleopment
1. Digital Disruption Challenges
Commercial Real Estate
Are you ready?
How to accelerate
economic development
Antony Lorius
Vice President, Deloitte Real Estate
February 12, 2015
2. Workplace
Employees work anywhere,
anytime
Changing the space means
more connected place
Workplace as a business
enabler to collaborate and
drive productivity
How can we take advantage of these trends and drive economic
development for the Province and our communities?
Industrial
North America increasingly
competitive
Not everything is moving
offshore
High tech and advanced
manufacturing poised for a
rebound
Retail
Consumers can shop anywhere,
anytime
Store networks at the beginning
of a major shit
Empowered consumer driving
new business models
The Big Picture for Economic Development
More change than any time since the industrial revolution
息 Deloitte LLP and affiliated entities. | Digital disruption challenges commercial real estate 48
3. Manufacturing as a Driver of Growth
The Platform has Shifted
息 Deloitte LLP and affiliated entities. | Digital disruption challenges commercial real estate 49
4. Global and Canadian FDI Trends
Ontario continues to be an attractive location
息 Deloitte LLP and affiliated entities. | Digital disruption challenges commercial real estate 50
5. They say that time
changes things but you
actually have to change
them yourself.
Andy Warhol
息 Deloitte LLP and affiliated entities. | Digital disruption challenges commercial real estate 51
6. There is a futureits why were here. Making an investment in skill,
at scale. Creating a community that will thrive through excellence of craft
and pride of workBecause we believe in the beauty of industry.
http://www.shinola.com/our-story#shinola=_FC0XnEm24t
Why open a
watch factory
in Detroit?
息 Deloitte LLP and affiliated entities. | Digital disruption challenges commercial real estate 52
7. v
Value
Proposition
Tracking and
Securing Investment
Target the right markets
Build awareness and visibility
Exploit comparative advantages
Show them the love
Innovation
Infrastructure
Investment
Readiness
Embed a culture of innovation
Improve information and communications
Expand higher education and technical training
Integrate immigrant entrepreneurs
Ensure a ready land and real estate supply
Make incentives known
Take a proactive and integrated approach
Community partnerships
Outreach priorities
Accountability and performance indicators
Capitalizing on the Opportunity
A proactive and integrated Go To Market strategy
息 Deloitte LLP and affiliated entities. | Digital disruption challenges commercial real estate 53
8. Source : Statistics Canada, International Trade Division, April 2014
It is really dangerous not to
export, because you depend on
only one market and one
economy
Robert Bouchard, President, Rotobec
Here are some things to consider:
Only 3.6% Canadian companies export
Between 2000-2012, Global Exports increased at an average annual rate of 9.1%;
Canadian Exports only increased by 4.2% over the same time period
Canadian Export Intensity dropped from 46% in 2000 to 30% in 2012
Canada only exports 12% of its total output to the high growth emerging markets
of the world
Exporters achieve 3X the returns on non-exporters when they go public.
Exporters have 30% higher workforce productivity than non-exporters, among
Canadian manufacturers.
The export opportunity
An instant supply chain growth strategy
息 Deloitte LLP and affiliated entities. | Digital disruption challenges commercial real estate 54