Dealmaking through challenges: Lessons from the automotive industry
There has always been an elemental symmetry to M&A: A seller concludes that a business or asset does not fit its enterprise portfolio, and a natural buyer recognizes that the same target is a strategic match. Put simply, there’s a buyer for every seller, or so the...
BCIT undertakes campus infrastructure renewal
The British Columbia Institute of Technology (BCIT) is beginning a major revitalization project on the south side of its Burnaby Campus. The BCIT South Campus Infrastructure Renewal project (SCIR) provides a unique opportunity to enhance public spaces, improve...
New Lions Gate Hospital tower set to open
The new, modern acute care tower at Lions Gate Hospital in North Vancouver is set to open on March 9, 2025. The new six-storey tower is named after local philanthropist and businessperson Paul Myers. It has eight state-of-the-art operating rooms with a new medical...
How to Mitigate Commercial Kitchen Fire Hazards
Did you know that nearly a third of non-residential building fires are caused by cooking? In 2022 alone, the U.S. Fire Administration (USFA) recorded 129,500 non-residential fires, totaling nearly $4 billion in losses. Busy commercial kitchens, packed with countless...
The Benefits of Biophilic Design in Healthcare Facilities
Biophilic elements have proven to have a calming effect on healthcare patients. The TV shows do not lie – hospitals and other healthcare facilities can be places of high stress for anyone within the building. Knowing what stress can do on the body, particularly in a...
Palomar Health Expands Facility with New Ninth Floor at Escondido Campus
The ninth floor of Palomar Medical Center Escondido will now have an additional 24 beds to better serve the high admission volumes. Palomar Health announced a new milestone in their ongoing mission of reimagining the healthcare experience. The healthcare organization...
Back to Basics: Electric Heater Safety in the Workplace
Back to Basics is an article series that highlights important but possibly overlooked information facilities management professionals should know. Another winter, another story of electric space heaters being recalled or starting fires. Newer electric heaters include...
Is Your Facility in One of America’s Top 50 Termite-Infested Cities?
Miami remains the most termite-infested city in America, according to Orkin’s latest Top 50 Termite Cities list. Los Angeles and Tampa, Fla., held on to their second- and third-place spots, rounding out the top three cities with the most termite trouble in the...
Utah State Correctional Facility Improves Conditions for Inmates and Employees
Lighting plays an important role in supporting staff and inmate safety. Luminaires that have doorless-style housings firmly secured to the ceiling ensure there are no crevices or gaps to enable tampering, making the fixture virtually impenetrable. Kenall Manufacturing...
Building leaders from the ground up
CEOs are confronting double the number of critical issues today compared with ten years ago. On this episode of The McKinsey Podcast, McKinsey Senior Partners Daniel Pacthod and Kurt Strovink, along with McKinsey Senior Advisor Wyman Howard, join McKinsey Editorial...