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Volume 02 Issue 1

Incorporation of Real Estate in Corporate Strategy - The Ghanaian experience (Part 1)

Published: 28 Feb 2012 Issue:Volume 02 Issue 1 Oct 2007 Author details below

Charles K. Nkansah-Asamoah

Breyer State University London Centre

Geoffrey Tumwesigye

Breyer State University London Centre

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Research summary

Any business enterprise ceteris paribus is in to make profit and minimise losses save a charity. Hence the activities and the management of the people are directed towards an end, towards certain goals (Mullin, 1999). However the organisation’s real estate decisions and would be plausible if such are geared towards supporting the overall business objectives of the organisation in question. In that regard, the objectives could be realised if conscious effort is made of how the real estate strategy support corporate strategy coupled with the sub-strategies for component elements of the organisation and then in turn how specific real estate operating decisions support the real estate strategy. Hence it is imperative that the organisations must ensure that its corporate business goals consciously align with its real state, construction and facilities programme. It is then that the above goals would be realised

Article History

Published 28 Feb 2012

How to Cite

Nkansah-asamoah, C. K. & Tumwesigye, G.. (2012). Incorporation of Real Estate in Corporate Strategy - The Ghanaian experience (Part 1). Journal of Business and Retail Management Research, Volume 02 Issue 1.

Citation Context

Archive cited by No internal citing article yet
Reference depth 30 sources listed
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APA

Nkansah-asamoah, C. K. & Tumwesigye, G.. (2012). Incorporation of Real Estate in Corporate Strategy - The Ghanaian experience (Part 1). Journal of Business and Retail Management Research, Volume 02 Issue 1.

MLA

Nkansah-asamoah, Charles K., and Geoffrey Tumwesigye. "Incorporation of Real Estate in Corporate Strategy - The Ghanaian experience (Part 1)." Journal of Business and Retail Management Research, Volume 02 Issue 1, 2012.

Chicago

Charles K. Nkansah-asamoah and Geoffrey Tumwesigye. "Incorporation of Real Estate in Corporate Strategy - The Ghanaian experience (Part 1)." Journal of Business and Retail Management Research Volume 02 Issue 1 (28 Feb 2012).

Harvard

Nkansah-asamoah, C. K. & Tumwesigye, G. (2012) Incorporation of Real Estate in Corporate Strategy - The Ghanaian experience (Part 1). Journal of Business and Retail Management Research, Volume 02 Issue 1

References

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  2. British American Tobacco Company Limited (BAT) Takoradi, Annual General   Meeting, (AGM) Report, Takoradi, 2001, Ghana 
  3. Balch W. F. (1994). An Integrated Approach to Property and Facilities Management, Facilities, Vol. 12. No. 1
  4. Bodrozic, J., (2005). Aligning Facility Portfolios with Corporate Business Strategy, Building Services Professional
  5. Cochrane, P. (1995) The information way, First Institute of Direct Marketing Symposium, Institute of Direct Marketing, Teddington
  6. Cooley, Nevin D. (2006) President, High Real Estate Group, Halcyon Business    Publications, Inc.
  7. Currie, D. and Scott, A. (1991) The Place of Commercial Property in the UK    Economy, Centre for Economic Forecasting, London Business School, January
  8. Executives, MIT, Cambridge MA Ghana Investment Promotion Centre (GIPC) Act, 1994 (Act 478)
  9. Gibson, Ms VA 2004 University of Reading UK
  10. Internal Revenue Service Act, 2000, Ghana 
  11. Joroff, M. et al. (1993) Strategic Management of the fifth Resource: Corporate Real  Estate, Industrial Development Research Foundation, USA KLG (2007) 1045th Avenue NY 
  12. Lawrence P. R. and J. R. Lorsch (1967) Organisation and Environment: Managing     Differentiation and Integration, Cambridge, Mass, Harvard University Press 
  13. Lax D. A. and J. K. Sebenius (1986) The Manager as a Negotiator, New York, Frees     Press, pg. 264-267, 339-62
  14. Mitchell, W. J. (1995) City of Bits: Space, Time and their Infobahn, The MIT Press,  Cambridge, Mass.
  15. Mullin, Laurie J. (1999) Management and Organisation Behaviour, 5th Ed.,Prentice   Hall, Essex, UK
  16. Nkansah-Asamoah, C. K. (1997) Property Management in our Contemporary Era,     Estate Appraiser, Department of Land Economy, UST, Kumasi, Ghana
  17. Nkansah-Asamoah, C. K. (2001) Managing Service Charges in Commercial Property     in Ghana, Article in the Surveyor (quarterly) GhIS, Ghana
  18. Nkansah-Asamoah, C. K. (2004) Real Estate and Corporate Strategy –course work 
  19. supervised by Prof. David Isaac, (Prof. of Real Estate ) School of Architecture and Construction, Avery Hill, University of Greenwich, London
  20. Nourse, Hugh O. (1990) Corporate Real Estate Ownership as a form of vertical    Integra    tion, Real Estate Review 20:3, pp. 9-10 University Press
  21. Nourse, Hugh O. and Stephen E. Roulac, (1993) Linking Real Decisions to Corporate Strategy, The Journal of Real Estate Research, Vol.8, No. 4 
  22. Ronko, Bon. Facilities, Vol. 2 No. 5, 1994, pp. 9-10 University Press
  23. Then, Danny Shiem-Shin, (2000) The role of real estate assets, Facilities Volume 18,   Number 7/8, 273-280
  24. Unilever Ghana Limited, Annual Report & Financial Statements, 2005, 2006
  25. Weatherhead, M, (1997) – Real Estate in Corporate Strategy –Macmillan, London
  26. White, A. and Taylor, N. (1995) Development Plans: BT’s response to the Planning and Compensation Act 1991, Chartered Surveyor Monthly , March
  27. William Ofori & Co., Ghana (Listed in the Estate Gazette and also registered under   the Ghana Institution of Surveyors -Real Estate Consultants)
  28. Veale, P. R. (1989) Managing Corporate Real Estate Assets: Current Executive 
  29. attitudes and Prospects for an emergent discipline, Journal of Real Estate Research, 4:3 pg. 1-22
  30. Zeckhauser, S. and R. Silverman (1983) Rediscovering your company’s Real Estate Harvard Business Review pg. 111-17

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