Strategic Portfolio Management

THE CLIENT

A FORTUNE 500 COMPANY engaged The Acclaim Group to assess their portfolio of 156 global locations. While their primary directive was focused on overall cost reduction, they also wanted to take a deep look into the best class practices, policies and standards.

THE NEED

The executive leadership of this Fortune 500 company challenged Acclaim to reduce their overall portfolio costs by a cumulative $30 million within 3 years. Ancillary goals included:

Improve ability to attract and retain talent
Standardize procedures, metrics and policies
Minimize utility outages
Improve overall efficiency
Bolster collaboration
Re-align real estate to support overall business goals and objectives

THE APPROACH

The Acclaim Group’s approach focused on creating and leading a collaborative team within the organization that met quarterly and engaged daily in order to unify internal groups and ultimately, achieve/exceed the corporate real estate goals. Focus included:

Implement best practices
Align all real estate strategies with business unit goals and objectives
Re-imagine and unify space utilization portfolio wide
Create dynamic, goal-oriented culture
Labor analytics as integral part of site selection

THE RESULTS

Within 2 years, (a full year ahead of client’s required timeline), The Acclaim Group exceeded the financial goal, creating an aggregate savings of $101 million.

Reduced cost and redundancy by scaling down the number of overall sites without detriment to serving clients
Re-imagined space design, use and efficiency which reduced total footprint and operating costs
Optimized integration efficiency of corporate acquisitions
Produced significant government incentives grants in multiple markets overlooked by previous partner
Designed and implemented lease management system and protocols that significantly improved decision making, forecasting and reporting
Led overhaul of policies, procedures, metrics and standards with team that shortened cycle/process time, enhanced workplace satisfaction and reduced build-out costs

THE CLIENT

THE NEED

THE APPROACH

THE RESULTS

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