Facilities Managers have been effective at measuring and improving efficiency and cost-effectiveness. However, what’s needed next is to improve the strategic positioning of FM by demonstrating true business impact and communicating it effectively. It is not enough to pursue iterations of cost-cutting, which will eventually reach a limit before risk increases, but FM professionals must [...]

In the current climate of a down-turned economy, cost savings is king. Upper management gravitates towards cost containment because of the perceived benefit of saving immediate cash. It may indeed be necessary to maximize profits and downsize in response to economic pressures, but there is an excessive tendency to sustain a “Cost Orientation” throughout the [...]