RICS Futures: Our Changing World

Daniel Cook

Director of Strategy and Planning (RICS)

The RICS Futures programme explores the implications of key drivers for change to 2030, from mass urbanisation and the emergence of real estate as an investment class, to the rise of the worldwide middle class and the revolutionary promise of big data.

Our engagement with organisations across the world through the course of this project has led us to identify six areas where action is required over the next few years to respond to these new social, economic and business environments.

These six actions should guide the plans and strategic direction of organisations and professional bodies across the land and built environment sector:

  1. Winning the war for talent - Support employers in attracting and retaining a more diverse talent pool to run the businesses of the future.
  2. Having ethics at the heart of what we do - Promote education and standards that foster ethical behaviour within our sector.
  3. Embracing technology and data - Develop strategic alliances with companies and organisations at the forefront of technological innovation, and advise professionals on how to integrate into and benefit from these new ways of working.
  4. Creating successful and sustainable cities - Improve city management by using professional advice to help leverage finance for development and incorporate all aspects of sustainability into land use planning and procurement practices.
  5. Take advantage of new opportunities -  Create a more dynamic profession that can respond to changes in the market and the wider society it operates in.
  6. Developing stronger leadership - Build a credible voice with government for the land and built environment sector.

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