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ADVANTAGES OF FACILITY MANAGEMENT

Facilities management is actually a great savings for your company. Here are the advantages of Facilities management :

1. Cost Savings: Buildings and land are usually the second largest expenditure of any business (second only to labor). By effectively implementing sound facilities management practices, a business can save millions annually. These measures include keeping all building systems and equipment up to date and running efficiently, and maintaining security. This will save the company money in the long run by reducing utility costs, eliminating expensive emergency service calls and lawsuits.

2. Customer satisfaction: While many people would not admit it, they are far more likely to visit (and revisit) a company that takes pride in its appearance. By keeping the site well maintained, a company shows that it pays attention to detail and will go the extra mile.

3. Occupant retention: It is far easier to keep an occupant than to find a new one. By paying attention to occupant and visitor concerns about such things as room temperatures, building owners and managers show they want to keep them satisfied.

4. Code compliance: As we all know, today's society is more litigious than ever and government standards are always changing. An effective facilities management system, by documenting operations, can serve as evidence that your company is striving to provide a safe environment. This documentation can be very important if a lawsuit were to arise.

5. "Green" image: Not only is eco-friendly facilities management important for conserving Natural Resources and reducing pollution, today it can be a major selling point. While it will likely be the main drawing card for attracting customers, pointing out that your company strives to maintain "green" operations in its building and grounds will impress potential customers.

6. Personnel retention: Everyone is more productive when they work in a safe, comfortable environment. By using effective facilities management, you can control labor costs because your staff will be working at its best. You will be better able to attract and retain the best employees.

7. Safety: No one wants to be in a workplace under constant threats, whether it be from accidents, thefts or violence. Establish and maintain effective and up-to-date facilities management. You'll sleep better at night knowing your staff, occupants and visitors are as safe as possible. That peace of mind is worth any perceived additional cost.

8. Health-care costs: As you know, businesses lose millions each year in sick time and health care costs. Effective facilities management may prevent sick building syndrome, eye strain, carpal tunnel syndrome, Back pain and a host of other ills. This may save health care costs and employee downtime.

9. Resale value: If and when the time comes to sell your facility, you will likely get a far better price if you can show you have well-maintained buildings and grounds. You may also be able to sell quickly because you won't have to go through a frantic process to "stage" the property - it will already be ready to show.

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12y ago
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Emily Hilton

Lvl 2
2y ago

Hi,

Let us discuss The Advantages And Disadvantages Of Facilities Management:

What is Facility Maintenance?

Facility maintenance ensures that all areas, assets, and structures within or around a facility are operating as optimally as possible for maximum efficiency and safety.

A facility maintenance worker is responsible for maintaining areas that include rooms, hallways, parking lots, landscape, and sidewalks; he or she also oversees a business’s essential assets, including security alarm systems, HVAC units, Plumbing system, machinery, and electrical and lighting systems.

The advantages and disadvantages of Facilities Management:

Advantages of Facility Maintenance:

There are several potential benefits of implementing facility maintenance in a commercial environment. Some of these may include:

Tenant satisfaction—if daily operations run smoothly within a work or living space, tenants are more likely to be satisfied, producing stronger results for the business.

Increases lifespan of your facility’s assets—regular maintenance and inspections of an asset will ensure that it is operating efficiently and ultimately increase it’s lifespan.

Cost-effective workplace environment—facility maintenance ensures that a space contains what it needs for optimal operations—no more, no less. This makes for more cost-effective ordering processes, saving the business money.

Ability to focus on other priorities—with a facility maintenance plan in place, property or business managers are free to focus their time and money on other areas, such as increasing employee engagement, investing in new technology, or even scaling the business where possible.

**Improved efficiency—**proper facility maintenance motivates employees, improves daily operations, and ensures that all equipment and technology function as they should.

Disadvantages of Facility Maintenance

While the disadvantages of facility maintenance are relatively few, here are some potential drawbacks worth considering:

Costly for smaller organizations—

smaller businesses may not be able to afford the cost of a facility manager and technician (and in these cases, the expense may not make sense);

Potential breach of security and confidentiality—facility managers typically get involved in multiple corners of a space to ensure it is optimized for those who live or work there.

With this comes the possibility of security or confidentiality issues, though a confidentiality agreement will mitigate such a risk.

Potential loss of control (for property managers)—since property managers have different responsibilities, overseeing other areas of a building or business, they should be prepared to relinquish the relevant responsibilities to any facility manager they hire.

Like any partnership, this may result in future conflict if the property manager’s vision clashes with the facility manger’s.

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