Managing long‐term infrastructural assets, such as real estate, buildings and equipment, is becoming more topical at the strategic level. Such assets are reported to comprise 25 per cent or more of corporate assets and occupancy costs represent 40‐50 per cent of net operating incomes and are...

Management research on strategic issues has focussed on economic and market forces surrounding a firm. Although this has re‐emphasized the need to become more attentive to the needs of customers and the activities of competitors, many companies are still finding it difficult to gain...