Four strategies have the greatest potential for real estate portfolio improvements:
The Need for Transformation
All state government agencies have a responsibility to the 6.5 million Tennesseans we serve to make sure we’re providing the best service at the lowest possible cost.
Real estate management is one of the state’s largest budget expenditure categories following Health Care, Human Service, Transportation and Education.
SEREM was established with the mission of providing guidance and management for successful execution of high-level strategies for efficient real estate management.
Each initiative is led by an industry expert, and improvements are executed while developing business justification for specific project opportunities. Achieving cost saving opportunities through SEREM strategies has the least impact to services for Tennesseans and the state workforce.
SEREM Value for Tennesseans
- Lower the cost of the state’s operations creating savings for Tennesseans
- Increase employee engagement, satisfaction and retention.
- Increase business agility and change management strategies.
- Create cultures ready to adapt to the changing nature of work and the needs of the business.