Neil McGimpsey - Disruptive Innovation: Foxtons, Druce & Lomond
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Neil McGimpsey - Disruptive Innovation: Foxtons, Druce & Lomond
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Join the conversation with Neil McGimpsey as he discusses his career, beginning at Foxtons, through to its IPO, and the development of a strong, meritocratic culture within the company.
McGimpsey shares insights into how Foxtons maintained its fees as a "non-negotiable" and the resulting focus on value differentiation.
He also delves into the challenges and vision behind his role as CEO of the London-based business Druce, which aimed to be a genuine attempt at disruptive innovation in the property market.
Finally, he discusses his move to COO at Lomond, the challenges of large-scale aggregation, the role of technology in the property industry, and why compliance is the most important focus for agency owners in the current climate.
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