Cecilia Li | Chief Innovation Officer | urban edge | How did you develop your strategy
... is lastly to to look at that initial proptech Innovation digital transformation ESG strategy how how are they developed Urban EdgeΒ ...
Senior Vice President & Chief Information Officer, Urban Edge Properties
Search every verified Cecilia Li interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Cecilia Li, Senior Vice President and Chief Information Officer at Urban Edge Properties, has described innovation as the implementation of new ideas and a new way of thinking, stating that it is part of the company's culture. She has characterized Urban Edge as a "technology-forward" company that is not afraid to implement new tools, provided they solve problems and help drive net operating income. Li has said that on average over the last three years the company has undertaken about 90 technology initiatives annually. She has identified cost, time, and buy-in as the biggest challenges in innovation, noting that in the current economy it is difficult to justify spending on solutions with uncertain returns and that people are busy with daily operations, making time for side projects a challenge. Li has emphasized the importance of communication, stating it is the key to success, and has described her leadership philosophy as requiring a strong work ethic, building a "village" of collaborators, and taking care of that village. Li has discussed her personal journey, noting she began her career as a help desk intern at a real estate brokerage company and later led a business transformation that included an e-commerce launch that generated in one hour what had previously taken an entire day. She has said that many leadership roles like hers are generated for the person and did not exist beforehand. Li has also discussed the importance of including the business in decision-making and design, citing a mistake where a business intelligence dashboard was built without sufficient input and was rejected by the leasing team and CFO. She has stated that people will embrace change if their problems are truly solved and that the goal is to change behavior, not just technology. Li has noted that Urban Edge has an ESG committee chaired by the head of Asset Management and that the company outsources its development, infrastructure, and cybersecurity teams.
“We have an ESG committee comprised of many different people in the organization β it's chaired by one of our heads of Asset Management and includes general counsel, HR, property managers, acquisitions, the CFO, myself from a technology standpoint, governance and vendor risk management; the committee makes the decisions...”
“Our development team is completely outsourced, and our infrastructure and cybersecurity teams are outsourced as well β but those outsourced teams are very much part of our organization and collaborate as part of the process.”
“At Urban Edge Properties it is in fact part of our culture β innovation is the implementation of new ideas and a new way of thinking, and because we live in an era that is tech driven it's almost difficult to not think about innovation without technology.”
“It is my responsibility as the CIO to find ways to enable innovation in our organization, but to do this we have to be very clear on who we are as a company β we're not a tech firm but we are a technologyβforward company who's not afraid to implement new tools.”
... is lastly to to look at that initial proptech Innovation digital transformation ESG strategy how how are they developed Urban EdgeΒ ...
... evolve and and I think especially during a period of digital transformation when everything is in flux and everything is changingΒ ...
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