Corporate Housing and the Future of Mobility

What is the future of mobility? Take a look at how corporations are globalizing and how we are living in an increasingly urbanized world that is estimated to increase by 2.5 billion by 2050. In this scenario, global mobility specialists will have their hands full in terms of the opportunities and challenges that the market will require.

For Marilyn Martin of Coldwell Banker Prime Properties, the mobility industry will need to address a host of things such as analytics and big data, environmental issues, legislation, real estate variables, social dynamics, service delivery models, policies and procedures, safety, security and privacy concerns, tax implications and new methods of communication.

Below are some of the thoughts shared by mobility specialists published in the October 15 issue of Mobility in its coverage of the future of mobility:

The future of mobility, says Jessica Skye Paul, GMS-T leader of Global Mobility Facebook, Inc., is in “creating strong business relationships will supplier partners who understand your corporate culture and employee demographics….The strength and opportunity for our industry is in how fast we can adapt to a dynamic global marketplace and create a consistent experience for an employee no matter where they are in the world.  It is critical to invest in technology and supplier-partner relationships to foster development and alignment with your company’s core values and mission.”

Human resources may also want to hear what Simon Mason, GMS-T, VP Business Development EMEA Graebel has to say: “There will be a significant increase in formal communication with HR business partners and talent management will be highly integrated within many mobility teams…With greater involvement within the business agenda, mobility teams will also be expected to have more sophisticated approaches to managing risk and measuring ROI (return on investment).”

He added, “The most significant vehicle to assist in this vision will be the ability to accurately manage and analyze data, while further shifting more tactical functions to shared service centers or outsourced providers.”

For Steve Rogers, SCRP, SGMS, recently retired independent consultant, “Benefits will be more highly customized to each transferee’s current relocating situation and their individual/family needs. There will be an increase in outsourcing within relocation companies. They may well have more independent contractors working as specialists—counselors, expense (managers), etc—than employees to better match resources with fluctuation in volumes.”

For Sissi Rivera, corporate mobility coordinator of Orion Mobility, the “best method of prediction is evaluation and gauging the future through the aggregation of data. Agility, speed and intelligence will provide the visibility that affects a company’s performance through predictive analysis. Advancing data technology and algorithm will enable companies to see the value before a relocation is initiated.”

Working with mobility specialists, California Corporate Housing is working hand in hand with the mobility industry, to address the needs of its clients in Silicon Valley and how to better manage and meet the needs of their domestic and international employees now and in the future.  If you want us to tackle this issue more, please email us at info@calcorphousing.com.