Strategy And Integration: The FM's Broader Charge

Type	Magazine Article
Author(s)	Bell,S. , Keppler,K.
Publication year	1997
URL (web address)	http://proquest.umi.com/
Notes	ID: BELL1997; An interesting article which relates the role of Estate/Facility Managers in organisations to strategic objectives. It states that, by taking a seat at the table during strategic planning, the Corporate Real Estate/FM Department can help shore up the company's bottom line. Each business unit has their own set of discrete variables that correspond to the type and level of business activity. Hence, by adopting the business unit's success metrics, the CRE/FM can identify the starting point for the coordination or creation of the components necessary for achievement of the unit's goals. Also, it recommends that by establishing a correlation between key business drivers and space drivers, the CRE/FM organization will position itself as a strategic partner who can provide powerful predictions regarding future costs and their potential impact on profitability as well as the expected information about future space requirements. However, it conceeds that in an era of high connectivity, the real challenge is not just to collect the data but rather to translate information into knowledge and relay it to the business units within the organization.$ $
Publication	Facilities Design and Management
Volume	16
Issue	10
Start page	59
End page	61
Relevance to practice	High
Ease of application	High
Stage of application	Operate
Evidence base	Low
Readability	High

Comments

No comments yet for this article.