Expert Advocates Collaboration to Sustain Real Estate Practice
A professional Estate Surveyor and Valuer, Mr. Rawlings Ehumadu, has recommended inter and intra-professional collaboration among the Real Estate practitioners in order to sustain the profession to meet the present need and for posterity.
Ehumadu, who is the Principal Partner at Rawlings Ehumadu and Co. (Estate Surveyor and Valuers) also charged his professional colleagues, particularly the younger generations to understand the impact other professionals can have in their practices and think more of the profession than individual financial growth.
He gave the recommendation while speaking to the staff and students of Estate Management Department of Covenant University on, “Professional Collaboration as a Veritable Vehicle for Sustainable Real Estate Practice,” at a Town and Gown Interaction on Wednesday, October 26, 2016, at the University campus.
ESV Ehumadu enjoined the practitioners to realise that no business or profession is an island and to see the bigger picture (thinking global not just local) and build larger firms. “We will leverage on the strength of number and diversity of expertise as well as imbibe a win-win mentality,” he added.
Professional collaboration, according to him, is an effective interpersonal or inter-organisational process that facilitates the achievement of goals that cannot be reached when individual professionals or organisations act on their own.
He enumerated the benefits of collaboration which include new and improved services; wider geographical reach or access to new markets; integrated approach to achieving goals, better and efficient use of resources; expert knowledge and professional practices; stronger capacity to replicate success; low risk of negative outcomes; better approach to solving problems; enhanced competitive advantages; as well as mutual support between organisations.
In his remarks, the Head of Department, Estate Management, Dr. Chukwuemeka Iroham, noted that the Town and Gown is a platform where the theory is mixed with practice. “Both are very important to get the students set for what obtains in the industry,” he added.