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Turning best practice into common practice

The importance of leadership when it comes to fostering a diverse and inclusive workplace is a prevalent conversation today. In real estate, leaders have largely taken to heart the figures that show how much more productive and profitable a diverse team makes a business. But what about how real estate itself can lead? Can the sector create a norm for inclusive places? Can it deliver a standard, a common practice out of best practice?

“We are all looking for best practice and this gold standard,” Paul Modu, a NextGen committee member at Real Estate Balance, told a packed room at MIPIM. “But one of the opportunities, and maybe challenges, is how we can move best practice into common practice so that it’s not just this is the gold standard, but this is the common standard across the built environment.”

When the industry can do that, says Modu, then “problems which we are talking about today will no longer be problems”. 

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