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Real Estate News and Advice |
October 13, 2008 |
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'Mirror and Match' Cities' Distinctiveness to Gain an Advantage
by Peter L. Mosca
Before presenting my public speaking and media workshop to the Georgia Association of REALTORS' Leadership Training Academy, students heard body language expert Patti A. Wood, Ma, CSP talk about how successful business people use the body language of their clients to gain trust, and then business. She spoke of Neuro-Linguistic Programming (NLP), a science that studies the language of the mind and how humans connect with others. The thought occurred to me, is it profitable for a builder to 'mirror and match' a community where they conduct business? A new paper from The Work Foundation, an independent research, advocacy and consultancy organization, has identified 'distinctiveness' -- the discovery of specialisms and characteristics that help cities build and sustain a cohesive identity -- and the potential for gaining competitive advantage with development that is appropriate. "So far, the devolution of powers to local cities and regions has been marked by too many copy-cat development strategies ... . It may seem a statement of the obvious to say that place-making relies on using points of difference to competitive advantage, but until recently cities have not always had the time or money to establish original strategies which reflect the characteristics of their towns and places, noted Neil Lee, a researcher at The Work Foundation and the report's author. "Distinctiveness works best when the unique history of a location is used to build a compelling proposition." Builders, in conjunction with local authorities, have both the capacity and the power to seize the potential of distinctiveness and turn it to their unique advantage. The Work Foundation paper identifies three main types of distinctiveness. They are:
"Like all strategies, distinctiveness needs careful handling. It is easy for distinctiveness to fall victim to gimmicks or to unrealistic thinking. Yet when it is used as a catalyst for regeneration, and used to fit into wider economic strategies, distinctiveness has the capacity to transform the success of a city," added Lee. Builders historically have been integral part of a community being able to redefine itself and sustain a higher quality of life. Understanding, and then defining, a community's distinctiveness by "mirror and matching" its look and feel may help builders maintain that hard-earned and deserved status. Published: October 22, 2007 Use of this article without permission is a violation of federal copyright laws.
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