One of the most common challenges facilities managers face is being told to “do more with less.” As a facilities manager, you must know how to make the most of your current resources since it’s unlikely you’ll be able to acquire more in the near future.
How to take the headaches out of resource scheduling Read More »
The new year is still a few months away, but that doesn’t mean you can’t start thinking about your resolutions. Now is as good a time as ever to think about how to enhance your workplace and improve the employee experience. And in doing your research, you’ve concluded that one of the best ways to
How to make the business case for an iwms Read More »
Across industries, understanding what type of assets you have and knowing how to track them is crucial. And a big part of that is understanding the differences between current and non-current assets, the roles they play in your business, and how to manage them.
The difference between current and non-current assets Read More »
We have discussed the inevitability (and necessity) of workplace change on more than one occasion. More often than not, change leads to more change. Telecommuting, open collaborative spaces, hoteling, hot-desking and downsizing have left many facilities with too much space.
Stimulate office morale and productivity through re-stacking Read More »
As a facilities manager, you\’re responsible for so many assets that just keeping track of them all can feel like a full-time job. In the past, you may have gotten away with using spreadsheets for basic asset tracking. But now, with new lease accounting standards in place, you need a lot more than just a running
20 assets every facilities manager should be tracking today Read More »
With the new FASB lease accounting standards going into effect soon, it’s time to get your financial data in order. That includes detailed information about all your lease assets and liabilities. For years, only capital leases needed to be included on company balance sheets, and corporate real estate leaders could get most of the required
The essential lease accounting data you’re probably missing Read More »
Relocating an enterprise to a new facility is the ultimate task management tango. To be successful, the HR, IT and facilities management (FM) departments must all work together with the C-Suite to choreograph moves for every asset and employee across the organization. And without a move management checklist, it can quickly become chaotic.
Move management checklist: prepare your workplace for a big move Read More »
A standout star among the trends looming on the 2022 horizon is digital transformation. Gartner predicts an 8.4% increase in IT spending globally from where it was in 2020 – equaling a projected $4.1 trillion in 2021.
How to budget for workplace technology Read More »
Information is power when it comes to capital planning and purchasing. Unfortunately, many companies still lack a single source of truth to drive enterprise asset management decisions. Data on building leases, equipment, vehicle purchases, and technology investments often lives in siloed spreadsheets across different departments. Accounting maintains a record of all expenses, but they don’t
How to use enterprise asset management to optimize capital planning Read More »
Triple net leases — where the tenant pays real estate taxes, building insurance and maintenance in addition to rent and utilities — can offer big benefits for property owners. Because the tenant is responsible for scheduling and paying for maintenance, triple net leases offer a good source of stable, passive income with fewer unexpected headaches.
How technology can help cre leaders manage triple net leases Read More »
