1. real estate

Executive Education
The international
certificate in
leadership for real
estate development
rics.org/executiveeducation
I am immensely proud to launch the International Certificate in
Leadership for Real Estate Development, a course dedicated
solely to developing the skills of leaders in the built environment,
as part of the RICS Executive Education Programme.
As a leading professional body in the built environment, RICS
is ideally positioned to provide this unique global solution to
develop leaders who need to constantly evolve.
In today’s dynamic global marketplace more and more
organisations are looking for ways to help transform their
business, seize new market opportunities and support
long-term profitable growth.
Our Executive Education Programme is a powerful tool to stay
ahead and help forward-thinking leaders build the knowledge,
skills and insight they need to drive their business forward
and compete successfully in an ever more complex and
challenging market.
Pierpaolo Franco
Global Director of Training Products, RICS
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The international certificate in leadership for real estate development
About the course
Attend a unique leadership course
designed specifically for professionals
in the built environment. Covering a
ten to twelve week period, the course
includes pre and post course coaching
as well as a five day face to face
residential component.
The course will equip senior professionals with the
necessary leadership skills to succeed in real estate
development through debate, questioning insight and
problem solving applied to real technical simulations.
Course highlights
• A leadership course directly applicable
to your business
• Share experiences and network with industry
experts from around the world
• Receive one to one coaching and set
development objectives to address your
personal needs
• Relax in your free time at one of our luxury
venues; visit the spa, take a break by the pool,
enjoy the grounds
• Be the first to utilise the RICS leadership
competency framework
• Implement an action plan at work following
the course
© RICS training and development 2015
3
Course content
Leadership themes
Running throughout the 5-day residential component of the course and embedded
into the technical discussions, you will explore the following:
• Your personal impact on the business and the importance of leading with integrity
•Strategies for empowering and developing others in order to maximise performance
and increase engagement and collaboration
• Opportunities for business improvement by looking at problems analytically
and creatively
• Vision and purpose, with a view to engaging and inspiring others
• Options to support the achievement of strategic organisational goals and
meet key stakeholder needs
• Approaches to anticipate and manage change at an individual, team and
organisational level
•Your strengths and weaknesses resulting in the formation of a personalised leadership
development plan.
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The international certificate in leadership for real estate development
Course structure
The course has been designed to be interactive and engaging. Using real scenarios,
interactive classroom exercises, small group discussions and exposure to the latest research,
you will gain practical experience in solving both technical and leadership problems.
WEEK
1
2
3
4
9
10
12
Following application and acceptance you will:
1 Complete a 360 feedback survey: Developed from the RICS leadership
competency framework.
2 Receive pre course coaching: Based on your 360 report, you will identify and set
goals together with your coach. This will form the basis of a development plan to be
actioned throughout the programme.
3 Attend the five day residential course: Group sessions will be led by experienced
leadership coaches and technical experts. Each member of the teaching faculty
will bring a wealth of international experience and diversity to augment the learning
experience. During the course, you will use your personal development plan as a
reference to chart your progress, with guidance and input from your leadership coach.
This will culminate in an action plan specifically tailored to you and your company.
4 Implement action plan: Return to work and implement your action plan into your
daily work.
5 Receive post course coaching: After implementing the action plan, you will have
a follow up session with your leadership coach to revisit your development objectives,
discuss progress and understand how to build on these in the following months and
indeed for the length of your career.
6 Join the RICS Executive Education alumni network: Through online forums, you
will be able to maintain relationships developed during the course and also meet peers
attending similar programmes around the world.
7 Receive a certificate of completion.
© RICS training and development 2015
5
Five day residential
Technical topics
Market
analysis
•Explain how the main drivers of the global economy impact the real estate industry
•Evaluate the current economic outlook and answer the challenges posed by the debt legacy
•Map the ways in which the commercial property market is changing, particularly in response
to the megatrends of climate change and the growing use of technology
• Predict the future direction of the commercial property market
•Identify and assess the new asset management risks and opportunities facing investors
and occupiers
•Explore the strategic options for Executive Managers in addressing these risks and
opportunities: how might you implement these strategies in your business?
Finance
•Evaluate the impact of globalisation on financing of real estate in different local markets
• Analyse the evolution of capital markets in different global regions
• Identify effective financing in turbulent, low growth environments
•Analyse different investor attitudes towards the use of debt and understand the extent to
which the use of debt can add or detract from value creation
•Assess what different investor groups are looking for in terms of investment style
•Analyse the generic principles of project management
Project
management • Identify how to plan, monitor and control projects
•Demonstrate the ability to make more informed decisions about cost management, time
management, quality management and health and safety management of built assets
•Demonstrate an awareness of the legislative framework, codes and standards that impact
project management
•Show an enhanced capability to deliver projects on cost, on time and to an acceptable quality
• Assess how to undertake a whole life appraisal for a project
Facilities and •Assess the legal, social, technical and environmental context within which facilities
management operates
operational
•
Evaluate how to select the right FM delivery model for your business from self-delivery to the
management
procurement of input, output and outcome based contracts
•Understand effective performance management and the intelligent client function
•Analyse the relationship between organisational objectives and effective facilities management
• Assess the role of property in a multi asset portfolio
Portfolio
and asset
•Evaluate how much property should be in the portfolio, where, what type and why?
management • Identify the benefits and costs associated with property investment
• Assess what makes property different as an investment asset class
• Analyse the role of asset management throughout the entire property cycle
•Demonstrate how asset managers can add value to real estate investments and understand
why they very often fail to do so
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The international certificate in leadership for real estate development
“This programme will support
you in developing the leadership
capabilities needed to deliver
success in a changing
and competitive industry.
Leadership development
creates an environment in
which real and meaningful
personal change can occur.”
Sarah Smith
Senior Associate, Cegos
© RICS training and development 2015
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How the course will help you
Effective leadership is integral to the success of any business. Improved strategic technical
planning will help you to achieve results within your role and to ensure the long term success
of your project.
• Improve your strategic decision making skills by developing a thorough understanding
of the real estate development lifecycle and your business’s place within it
• Build the confidence to lead strategic change and make a positive impact in
the boardroom
• Develop skills and understanding through a problem-solving approach to case
studies and real world examples
• Practice leadership skills in a controlled environment
• Increase your impact and influence with people internal and external to the organisation
• Meet and network with global decision makers within the industry in the form of
technical experts, fellow delegates and speakers. Develop and enhance these
relationships after the course through online forums and discussions
• Become a leader who can motivate, inspire and empower teams
• Drive operational efficiency by implementing your personal action plan and by bringing
new ideas back to the business
How the course will help your
organisation
Executive education remains one of the key means to achieve transformative change for
a business. In a challenging global economy, the RICS Executive Education Programme
represents a crucial investment in the ability of the people driving your organisation to lead
you to success.
• Develop a leadership team that can motivate and engage staff driving top-down
performance
• Attract, retain, and manage executive talent
• Develop true leaders and ensure that the right people are equipped with the right
skills and knowledge to fulfil their roles effectively
• Reduce unbudgeted change and increase cost certainty through improved
strategic planning
• Address the threat of the skills gap to stay competitive in an ever more challenging
business environment
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The international certificate in leadership for real estate development
Today’s challenges, tomorrow’s solution
Leadership challenges
• Attracting, maintaining and managing
executive talent
• Finding and recruiting the most suitable
person for the role
• Retaining talented leaders
• Overcoming the burgeoning skills crisis
• Coping with reduced development
budgets and limited resources
Real estate challenges
•The processes within the chain are fragmented
which leads to a lack of communication
between stakeholders
•Professionals have limited knowledge outside
their area of expertise
•Lack of time and resources inhibits
collaboration across sectors
• Investment decisions taken without a definitive
understanding of the whole lifecycle means
financial challenges further along the chain
Course solution
•Develop leaders better able to drive your
business to success
•Improve technical real estate knowledge
in order to gain competitive advantage
• Improve strategic decision making
• Help to reduce unbudgeted change and
increase cost certainty
• Improve collaboration across the sectors
© RICS training and development 2015
9
Why choose RICS for Executive
Education?
Forward-thinking leaders in the real estate, property
and construction industries are turning to Executive
Education Programmes as a powerful tool to stay ahead.
Up until now, the majority of executive education programmes across the world have
been designed to improve general leadership skills and focus on business topics
such as finance, marketing and business development.
But now, in response to growing global industry demand, RICS has created
a course solely dedicated to developing the leadership skills necessary to work
in the real estate, property and construction industries.
As a leading professional body in the built environment sector, RICS is ideally
positioned to provide this unique global solution.
Who should attend?
The course is suitable for senior professionals with substantial experience in the built
environment including developers, surveyors, investors, local authorities and real estate
owners. Typical attendees will be executives, directors and senior managers, one or
two reporting lines below CEO.
Whether you are looking to develop your real estate technical knowlegde or your
leadership skills, this is the course for you. Combat two daily challenges in one
inclusive course.
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The international certificate in leadership for real estate development
“Organisations do not succeed
purely on the technical knowledge
of their people. Effective leadership
and clear strategic ambitions are
essential. Professionals need to
put as much energy into equipping
themselves with leadership and
management tools, as keeping
their technical skills up to date.”
Michael Newey
Group Chief Executive, Broadland Housing Group,
Immediate Past President, RICS
© RICS training and development 2015
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“The development of the new Moorfields Eye Hospital is
literally a once in a life time project and because of this,
it was imperative to think in terms of whole life assets and
to plan across the whole timeline. This involved developing
a 60 year financial model to demonstrate affordability,
predicated upon activity and throughput, space requirements,
cashflows, operational risk rating and programme.
Experience shows us that over a 30 year time horizon,
a Design-Build-Operate spend is 10% capital and 90%
operational spend. It is therefore essential that a holistic
approach is taken to planning and executing this project and
the key to successful delivery is learning lessons from others.
The RICS International Certificate in Leadership for Real Estate
Development is the first course to advocate a holistic approach
to real estate development and will help stakeholders to
develop the necessary knowledge and skills to make such
projects a success.”
Tim Fry
Project Director at Moorfields Eye Hospital
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The international certificate in leadership for real estate development
Course contributors
This course has been developed in conjunction with the following experts
who bring a wealth of industry experience and best practice knowledge to
the course.
• Alan Blower, Senior Consultant, Cegos
• Angus McIntosh, Consultant at Real Estate Forecasting Ltd., NAI Global
& REMIT consulting, Visiting Professor Oxford Brookes University
• Ann Potterton, Senior Associate Consultant, Cegos
• Eduardo Bo, Senior Consultant, São Paulo, Brazil
• Johnny Dunford, Director of Corporate Real Estate at BNP Paribas Real Estate.
• Joe Valente, Managing Director, JP Morgan Asset Management
• Kath Fontana, Managing Director, BAM FM, at BAM Construct UK
Board member of RICS Professional Group for FM
• Pallav Kumar Agrawal, Associate Director, Black Olive Realty Ventures LLP
• Richard Masters, Senior Associate Consultant, Cegos
• Richard Clarke, Senior Associate Consultant, Cegos
• Sarah Smith, Senior Associate Consultant, Cegos
• Sunil Agarwal, Managing Director, Black Olive Realty Ventures LLP
• Tim Fry, Project Director at Moorfields Eye Hospital in partnership with UCL
Chair of the RICS Professional Group Board for Project Management
© RICS training and development 2015
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Application process
To foster a dynamic learning environment for all delegates, we encourage
applications from a range of industries, countries and backgrounds.
Although there are no formal education requirements, admission is a selective
process based on professional development, technical knowledge and
organisational responsibility. This optimises the learning experience and ensures
full engagement with the leadership and technical aspects of the course.
Admission requirements:
• Minimum 15 years work experience
• Working knowledge of the five core topics of real estate development:
market analysis, finance for real estate, project and construction management,
facilities management and portfolio and asset management.
• Demonstrated management experience
• Proficiency in business English
To apply, go to rics.org/executiveeducation.
No payment is necessary until you have been
accepted on to the programme.
Full details on the booking process and
application form can be found on the website.
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The international certificate in leadership for real estate development
“Our Futures Study reveals
the built environment needs
adaptable, multi-skilled
and influential leaders for
the future. RICS’ Executive
Education will help to
deliver just that.”
Sean Tompkins
Chief Executive Officer, RICS
© RICS training and development 2015
15
Confidence through professional standards
RICS promotes and enforces the highest professional
qualifications and standards in the development and
management of land, real estate, construction and
infrastructure. Our name promises the consistent
delivery of standards – bringing confidence to the
markets we serve.
We accredit 118,000 professionals and any individual or firm
registered with RICS is subject to our quality assurance. Their
expertise covers property, asset valuation and real estate
management; the costing and leadership of construction
projects; the development of infrastructure; and the
management of natural resources, such as mining, farms and
woodland. From environmental assessments and building
controls to negotiating land rights in an emerging economy;
if our members are involved the same professional standards
and ethics apply.
United Kingdom RICS HQ
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We believe that standards underpin effective markets. With
up to seventy per cent of the world’s wealth bound up in land
and real estate, our sector is vital to economic development,
helping to support stable, sustainable investment and growth
around the globe.
With offices covering the major political and financial centres
of the world, our market presence means we are ideally placed
to influence policy and embed professional standards. We
work at a cross-governmental level, delivering international
standards that will support a safe and vibrant marketplace
in land, real estate, construction and infrastructure, for the
benefit of all.
We are proud of our reputation and we guard it fiercely, so
clients who work with an RICS professional can have confidence
in the quality and ethics of the services they receive.
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