Facility Management Innovations You Must Know
Innovation is the practice of developing & introducing new ideas. "Innovation brings transformation" Every once in a while, a new technology, an old problem & a big idea turn into an innovation. Innovation is often necessary for companies to adapt & overcome the challenges of change.
Innovation fosters growth. No industry remains untouched by innovation. Facility Management is no exception either. Facility Management in present times is majorly being redefined with Technology; however, Technology alone is not transforming the Facility Management industry.
There are plentiful innovative ideas responsible for redefining Facility Management, mentioned as following:
- Eco-Friendly Practices
Eco Friendly & sustainable practices are one of the most innovative trends in the FM Industry. The climate crisis is no longer an issue for which we can delay looking for solutions. On the contrary, the energy consumption by properties is leading to astronomically high bills. Having sustainable facility management can help us in reducing your environmental footprint as well as your bills. Sustainable Facility Management can increase our possibilities for existing for a long time & therefore, there's a surge in sustainable practices for Facility management.
Sustainable Facility Management can help companies reduce their impact on the environment. This could be done by several practices, like harnessing natural light to save energy. Harnessing natural light can help companies conserve energy & cut costs on energy bills. Similarly, one can invest in HVAC systems compatible with Solar, Geothermal hydronic heating technology & more. Waste segregation is another sustainable practice that lets treat waste separately & helps in reducing waste.
- Digitizing the Workplace
From smart sensors to IoT, digitization is one of the most popular innovations in Facilities Management. A digitally enabled workplace helps ease the workflow for employees, saving time, effort & much more. The 4th industrial revolution is data-driven & it's all because of the "Internet of Things" that helps you order coffee/ Tea in real-time. Raise, Track or Resolve a complaint through a management dashboard & do much more.
Digitally or technologically enabled Facility Management can help in reducing lower-level administration & can enhance employee satisfaction further, leading to better productivity, therefore, leading ultimately to your Business Growth. Technologically enabled Facility Management includes amenities that facilitates both employees & the management.
- Total Facility Management Solutions
The increasingly complex nature of organizational designs has a high demand for various integrated facility management solutions. Alongside, awareness of the fact that Facility management services can help you grow your business by amplifying productivity, empowering business growth & maximizing your property's & asset's value.
Total Facility Management can help in improved & easy operations, & improved risk management. Total Facility Management Solutions also helps in better tracking & budgeting. With livening fast changing scenario, one cannot keep up with just the traditional FM system, a company needs Total Facility Management Solutions to grow & unlock new milestones.
- Smart Building Technology
The biggest technological transformation in Facility Management is connecting the Property, tenant & employees. This falls under another wing of facility management called Property & its asset management. PAM helps in the maintenance & upkeeping of Property with facilities like Digital Checklists, Parking Management, Feedback systems, Asset Management systems, Debris Tracking & more.
Technologies like Visitors Management, Attendance Management, AI driven Employee onboarding can help companies work better, whereas facilities like IoT, Meeting Room Booking, Food/ Snack Ordering Facilities, Tech-enabled Washrooms can facilitate employees & benefit in more than one way. These amenities further help landlords utilize their properties & assets in the best way possible & maximize their value.
- Elevating Self-Care
Currently, employees do not want to suffer mental & physical well-being. Self-care can help employees in combatting stress, saturation & unproductivity at work. Facilities with their amenities can make work as smooth as a breeze. Concerning an employee's mental health is one thing; prioritizing it at work is quite another. Employee's wellbeing can be enhanced with creative & clean spaces enabled with Technology & various other amenities. This further leads to employee satisfaction as when people feel better, they produce better work & they continue to work better because they are valued.
These are a few innovative ideas revolutionizing the FM Industry in the current scenario. They are defining everything, including how we use workspaces or properties, establish a business culture, and carry out our work & lead to growth. The impact these trends had in such a short time is even astounding. It's not a surprise to imagine how Facility Management, with these innovative trends, can revolutionize the Proptech Industry overall.
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