Magazine

High-performance facility management involves understanding current facility management practices and identifying opportunities to boost outcomes. In the shift toward integrating value-based payment models within public healthcare programs, facility management can play a key role in influencing the quality metrics that are tied to reimbursements. When revenues are on the line, basing facility management operations on…

The news about deferred maintenance in the nation’s K-12 public schools in the last 20 years has been unanimously bad. An ever-increasing number of districts have been overwhelmed by a growing backlog of work orders for failed HVAC systems, roofs and plumbing components combined with shrinking budgets resulting from taxpayers refusing to increase public funding…

Between disrupted services and down time, affected healthcare facilities can be left reeling from cyber incidents. With healthcare facilities caught in the crosshairs of many cyberattacks, the effects of these events are becoming more understood as they disrupt healthcare services. An Oceanside, California hospital experienced troublesome effects after falling victim to a cyberattack. According to…

Biotech firm creates welcoming and collaborative space at new headquarter facility. Protein sequencing company Quantum-Si in Branford, Connecticut needed a new headquarters for its scientists, researchers, engineers, and other diverse staff members. The new research laboratory and modern workplace will consolidate two prior facilities into a single, technologically advanced research base. The biotech company relied…

Digital and AI transformations are everywhere. Almost every company has done, is doing, or plans to do one. But how can you make the changes stick? In this episode of the Inside the Strategy Room podcast, McKinsey senior partner Eric Lamarre talks about the critical elements of what it takes to rewire an organization through…

The world today is deeply interconnected (Exhibit 1). The cross-border flows of trade, services, capital, people, data, and ideas that have marked the global economy for the past four decades and more—hitherto known collectively as “globalization”—have enriched the world, lifted more than a billion people out of poverty, and brought us to an unprecedented level…