Time:   Thursdays, 8:30 - 10:00 am
First Class:  Thursday, February 8, 2001
Location:   W31-301
                        M.I.T. Center for Real Estate
                        120 Massachusetts Ave
                        Cambridge, MA 02139

Together, Real Estate and Construction make up the largest industry in the world. They are also exceptionally fragmented, fractious, and information intensive.   The Internet and e-commerce could be expected to have explosive impacts on these industries.  Will they?  How?  Will e-commerce go beyond exchanges and document posting?  Will existing companies adopt the technologies to transform themselves, or will new companies remake the industry?

This course will focus on the long term effects of information technology and business strategy.  We will consider issues like: key success factors, allocation of risk, impact on contract obligations and security, trends toward consolidation, and the convergence of information transparency and personal effectiveness.   Case studies and resources will be drawn from both the world of dot.com entrepreneurship, and from the responses of "old economy" companies.

The course will meet on Thursday mornings in the Spring semester.

John Macomber was the Founder and CEO of Collaborative Structures, Inc. a venture capital funded, project extranet vendor; Chairman and former CEO of the George B. H. Macomber Co, a $200 mm General Contractor; a partner in over 2 million square feet of commercial real estate; and has been a Lecturer at MIT since 1988, teaching a sister course, "Strategic Management in the Design and Construction Supply Chain."  Mr. Macomber holds a BA from Dartmouth College and an MBA from the Harvard Business School.  He is a nationally recognized resource on IT strategy for construction and real estate firms.    Mr. Macomber now chairs the Advisory Board for the PrimeContract Division of Primavera Systems, Inc.
 

You can contact me at: jdm@gbhmacomber.com

Last revised 5/2/01