MMP731 - Opinion/Theoretical Analysis of Corporate Real Estate Workplace Strategy - Management Assignment Help

Assignment Task

Description
Purpose
The technological revolution means that while a central, enclosed workplace (that is, a building) still plays an important role, it is equally the case that the ‘office worker’ can now often work anywhere. Moreover, this liberation from and of the workplace is not simply a feel-good experience for the previously regimented worker, it is also increasingly seen as bringing real benefits to the bottom line of organisations.

While a property manager may only focus on lease management, acquisition and capital maintenance, today’s corporate real estate manager is required to have a greater focus on managing people and their experience of the workplace. 

Corporate Real Estate managers therefore are in a unique position to completely change the way that they think of, and provide, workplace strategies. Given the uncertainty surrounding the current business environment, and the extra dimension of the multi-generational workforce, planning future real estate and workplace solutions requires organisations to be highly flexible, not only in the way they respond as an organisation to economic, social and technological changes, but also in the capacity of their physical environment to respond to those changes.
Specific Requirements 
This task has been developed to address the changing focus on the management of people and their working behavior – from a traditional way of working towards new ways of working. 

This assessment task requires you to write an opinion/theoretical report that analyses how implementation of flexible working arrangements and the corresponding changes to human resource practices highlights the increasing importance of establishing the right amount and type of organisational structure, space and alignment with an organisations corporate real estate strategy.

The approach to complete this task is to be conducted from the desktop. There is no requirement to physically inspect an organisation or contact a Corporate Real Estate manager to complete this assessment task. 

Report Guidance
Listed below are suggested points to help you consider for your report. You may choose to focus onone of the points or if you wish to develop your own on how modern workplace strategies align with an organisations strategic CRE approach you may do so. Alternatively, you may choose to focus on one or two points below, combine multiple points as an opinion piece or focus on all the points. The decision is entirely up to you but be aware of the word limit.

Points of consideration

How does the physical workplace align with a business strategy and corporate culture where organisations seek to increase productivity and revenue while minimizing costs and improving employee retention? Discuss.

Does an organisation need to make changes in their workspace and technology to the way people work? If so, why? If not, why not?
What are the values and skills that an organisation have in relation to their corporate workplace strategy?

How does demographics of the work force in an organisation impact on its ability to optimize workplace strategies to improve their underlying financial position? Discuss in depth.

What, if any, is the correlation between a productive workforce and increased revenue?
What may be employees’ reactions to the physical changes in the work environment?
What are the factors to develop a flexible workplace strategy that aligns with CRE strategies?

How does individual work styles, culture, management, participation and communication play in managing and changing working behavior and aligning these with overall corporate strategies to improve the corporate real estate function in an organisation?

What, if any, is the impact of external changes beyond the organisation such as technological changes, competition, and consumer behaviour? Explain fully.

Organisations and CRE managers should take the view that a comfortable working environment with high quality technology which is understandable and flexible, workstations which can be pre-booked and a selection of working places – such as social, quiet, confidential video-conferencing – may provide staff with a productive environment. Add to this a high quality building which is well serviced and maintained may produce an efficient and effective environment conducive to improved staff productivity. 

Do you/do not agree with this statement? Provide your analysis/opinion using sufficient CRE theory and research analysis.

What are your recommendations, if any, on how organisations should develop workplace strategies in the modern world of business?

See assessment one resources for additional assistance which provides academic journals and articles which provide background information.
Structure
You are required to follow a report structure for the assessment task that is based on your own opinion you have researched and analysed. Include and reference as much academic theory as possible to answer/formulate your opinion. The report is to contain the following:

• Cover page
• Contents
• Executive Summary
• Body of Report – Opinion/theoretical analysis on topic using CRE theory 
• Any recommendations to improve corporate workplace strategies in the modern workplace
• Conclusion
• References
• Appendix (if applicable)

More information regarding report writing can be found at this link:
http://www.deakin.edu.au/students/studying/study-support/academic-skills/report-writing
Learning Outcomes
This task allows you to demonstrate achievement towards the unit learning outcomes. The ULOs are aligned with specific graduate learning outcomes – that is, the skills and knowledge graduates are expected to have upon completion of their studies – and this assessment task is an important tool in determining achievement of those outcomes. 
If you do not demonstrate achievement of the unit learning outcomes, you will not be successful in this unit. 
It is good practice to familiarise yourself with the ULOs and GLOs as they provide guidance on the knowledge, understanding and skills you’re expected to demonstrate upon completion of the unit. In this way they can be used to guide your study.

Submission
You are to submit your assignment in the individual Assignment Dropbox in the MMP731 CloudDeakin unit site on or before the due date.
When uploading your assignment, name your document using the following syntax: <your surname_your first name_your Deakin student ID number_[unitcode].doc (or ‘.docx’). For example, ‘Jones_Barry_123456789_ABC123.doc’. 
Submitting a hard copy of this assignment is not required.
You must keep a backup copy of every assignment you submit, until the marked assignment has been returned to you.  In the unlikely event that one of your assignments is misplaced, you will need to submit your backup copy.

Any work you submit may be checked by electronic or other means for the purposes of detecting collusion and/or plagiarism.

When you submit an assignment through your CloudDeakin unit site, you will receive an email to your Deakin email address confirming that it has been submitted. You should check that you can see your assignment in the Submissions view of the Assignment Dropbox folder after upload, and check for, and keep, the email receipt for the submission.
Marking and feedback
The marking rubric for this task is below and also available in the MMP731 CloudDeakin unit site - in the Assessment folder (under Assessment Resources). 
It is always a useful exercise to familiarise yourself with the criteria before completing any assessment task. Criteria act as a boundary around the task and help identify what assessors are looking for specifically in your submission. The criteria are drawn from the unit’s learning outcomes ensuring they align with appropriate graduate attribute/s.
Identifying the standard you aim to achieve is also a useful strategy for success and to that end, familiarising yourself with the descriptor for that standard is highly recommended. 
Students who submit their work by the due date will receive their marks and feedback on CloudDeakin 15 working days after the submission date.
Extensions
There will be no extensions granted unless there are exceptional and most unusual circumstances outside the student’s control. 
Students who require a time extension should submit a written request to the Unit Chair, supported with documentation (for example, medical certificate). Such requests should be e-mailed to the Unit Chair. Requests for extensions will not be considered after 12 noon, Friday 25th September 2020.
Late submission
The following marking penalties will apply if you submit an assessment task after the due date without an approved extension: 5% will be deducted from available marks for each day up to five days, and work that is submitted more than five days after the due date will not be marked and will receive 0% for the task. 

'Day' means working day for paper submissions and calendar day for electronic submissions. The Unit Chair may refuse to accept a late submission where it is unreasonable or impracticable to assess the task after the due date. 

Calculation of the late penalty is as follows:this is based on the assignment being due on a Thursday
• 1 day late: submitted after 8pm on Thursday but before 8pm Friday – 5% penalty. 
• 2 days late: submitted after 8pm Friday but before Saturday 8pm – 10% penalty. 
• 3 days late: submitted after 8pm Saturday on due date but before Sunday 8pm – 15% penalty. 
• 4 days late: submitted after 8pm Sunday on due date but before Monday 8pm – 20% penalty. 
• 5 days late: submitted after 8pm Monday on due date but before Tuesday 8pm – 25% penalty. 

Dropbox closes the Tuesday after due date at 8pm Melbourne time.
Support
The Division of Student Life (see link below)provides all students with editing assistance. Students who wish to take advantage of this service must be organized and plan ahead and contact the Division of Student Life in order to schedule a booking, well in advance of the due date of this assignment. http://www.deakin.edu.au/about-deakin/administrative-divisions/student-life
Referencing – Harvard Referencing
Any material used in this assignment that is not your original work must be acknowledged as such and appropriately referenced. You can find information about plagiarism and other study support resources at the following website:http://www.deakin.edu.au/students/study-support
Academic misconduct
For information about academic misconduct, special consideration, extensions, and assessment feedback, please refer to the document Your rights and responsibilities as a student in this Unit in the first folder next to the Unit Guide in the Resources area of the CloudDeakin unit site.

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