Buildings and properties constitute between 25 and 50 percent of balanced fixed assets. Real estate usually is the largest active position on the balance sheet and represents the largest expenditure after human resources. Accordingly, it has a tremendous impact on profit and loss calculations. Therefore it is increasingly understood as a strategic resource and is part of the value chain creation for an enterprise. Now that the core processes of corporations have been restructured and optimized to a large extent, real estate is being called upon to strengthen the corporation’s economic position.
Facility management (FM) as a profession is relied upon to continuously improve its efficiency to support the financial goals of the corporation. However, it is not only concerned with reduction of costs but also with the continuous improvement of the occupied spaces in an effort to improve the comfort, morale, efficiency and productivity of the occupants. In doing so, the role of the FM can be both considered a cost center and a potential profit center.
Facilities are increasingly being recognized as a strategic resource and part of an organization’s value chain. They have always played a pivotal role in the success or failure of an enterprise, and the increased use of technology is making this more evident. This course demonstrates the countless ways that FM has grown to use IT. At each new or reconfigured genesis, a new acronym has been applied to the relationship. There are countless names for this relationship, but for the purposes of keeping it simple, CAFM (Computer-Aided Facility Management) is used as the acronym of choice.
This interactive and highly engaging workshop provides participants with a technology primer that every facility manager needs in order to be successful in an every-evolving world. It demonstrates to participants the important role that technology plays in real estate and facility management by exploring a series of technological responses to common facility management issues. Furthermore, it assists participants in understanding how to assess these various tools for their own businesses, provides them with the tools for developing successful business cases and demonstrates communication strategies that can be utilized when presenting to senior leadership.
Participants will be presented with unique complement of applied knowledge through the content, related case studies and the instructor’s direct experiences.