Data Integrity - Jeremy Woods - Making Better Decisions - Episode # 001

Making Better Decisions: Leaders in Data

Welcome to Making Better Decisions! This week, host Ryan Sullivan sat down with Jeremy Woods, Facility Director & Area General Manager at CBRE! Jeremy shares insights into his career trajectory within the real estate industry, highlighting the significance of data-driven decision-making, primary research, and personalized insights. He also emphasizes the joy of data analysis, the creation of Competitive Intelligence Reports, and the competitive edge derived from accurate data interpretation. It’s an exciting episode you don’t want to miss!

Takeaways:

• Transparency and access to comprehensive data can significantly boost client trust and interest. Prioritize building trust by showing tangible evidence of your expertise.
• Simplicity in data analysis can reveal low-hanging fruits and offer significant advantages. Train your team to distill complex information into actionable insights.
• Verify the accuracy of external data sources by comparing them against known quantities. Develop a healthy skepticism of third-party data and focus on building your own reliable datasets.
• Customize tools and solutions to suit specific market needs instead of relying on general, outsourced solutions. Adopt a 'driver's seat' approach to navigating industry landscapes.
• Minimize information asymmetry by being transparent and educational in your dealings. For leaders, being a broker of relevant and accurate information can solidify relationships and build trust.
• Cultivate personal passion projects to balance professional life. Jeremy's investment in a garage condominium demonstrates the value of having a personal retreat to foster creativity and relaxation.
• Emphasize the importance of personal branding and how unique hobbies or interests (like Jeremy's love for garage space customization) can reflect and enhance professional identity.

Quote of the Show:

• “I wish people would know that there’s some really cool stuff on the other end of gathering data.” - Jeremy Woods

Links:

• LinkedIn: https://www.linkedin.com/in/jeremywoods1/
• Company Website: https://www.cbre.com

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