BCIS FM forecast expects maintenance costs to rise nearly 6% in 2023

BCIS FM forecast expects maintenance costs to rise nearly 6% in 2023

  Maintenance costs are expected to rise 5.7 per cent, in the year to the fourth quarter of 2023 and between 2.5 per cent and 3.1 per cent annually for the next four years, according to the Building Cost Information Service’s (BCIS) five-year Facilities Management forecast. Joe Martin, Lead Consultant at BCIS commented: “Overall, they’re…

“Sustainability in facilities management: Balancing cost-effectiveness and environmental responsibility”

“Sustainability in facilities management: Balancing cost-effectiveness and environmental responsibility”

Facilities management is a critical component of modern business operations, with the responsibility of ensuring that the built environment supports the needs of an organisation. Sustainability has become a major concern in recent years, as organisations seek to balance the need for cost-effectiveness with the need for environmental considerations. Despite this growing importance, implementing sustainable…

Clinic Design: Common Configurations for the Future

Clinic Design: Common Configurations for the Future

  Designs need to balance the customer experience, touchpoints, circulation and flow of people, exam room flexibility and walking distances for clinical staff. Whether the design is for a private practice or a flagship ambulatory care facility, clinics serve a range of roles in healthcare systems, and they can take on a variety of configurations…

Cracking the growth code: The ten rules of growth explained

Cracking the growth code: The ten rules of growth explained

  The ten rules of growth was one of McKinsey’s most popular articles last year—not surprisingly, perhaps, given how difficult it has been to generate consistent growth over the past decade. In this episode of the Inside the Strategy Room podcast, senior partners Rebecca Doherty and Chris Bradley, coauthors of the article, explain how each rule…

Speak With Confidence: Four Fixes That Work

Speak With Confidence: Four Fixes That Work

Whether choosing a money manager, hearing a witness testify, or picking a president, listeners are more persuaded when communicators seem more certain or confident about what they are communicating. Scientists have refined the exact components of “powerful” language, but at its core, the main idea is that speaking with power makes people seem more self-assured…

Valuing Human Capital: How Small Changes Could Help Firms

Valuing Human Capital: How Small Changes Could Help Firms

  In the past few decades, the global economy has gone through a fundamental transformation, whereby the bulk of value is no longer generated by physical assets such as machinery, buildings, and computers; today, knowledge, skills, competencies, and people are at the core of value creation. And yet, legacy accounting rules have not kept pace…