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New FM framework provides best practice on more strategic decision making for facility managers globally

By   /  April 20, 2018  /  Comments Off on New FM framework provides best practice on more strategic decision making for facility managers globally

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Source: Media Outreach

HONG KONG, CHINA – Media OutReach – 20 April 2018 – Facility Management (FM), as a discipline, isabout much more than managing buildings and services. It is critical to how everyorganisation or property occupier functions successfully as a real estateinvestment.

This is the crux of new guidance developed by RICSand the International Facility Management Association (IFMA) through their globalcollaboration.

The “Strategic Facility Management Framework”was launched in Dubai today during the annual IFMA-RICS World Workplace Forum –Middle East. The framework, authored by Dave Wilson, FRICS, IFMA Fellow for theIFMA-RICS collaboration, sets out a more holistic approach to FM by providingstrategic best practice for facility managers and practitioners around theworld.

 “Asorganisations seek to innovate, adapt and refresh how they work, the demand forFacility Management services is growing globally and rapidly,” says RICSChief Executive, Sean Tompkins. “FM services are driven not only by thechanging nature of the economic environment or organisational imperatives butalso by the rapid progress in technology, social aspirations, the environmentand the political landscape. The new IFMA/RICS framework puts facilitymanagement at the heart of organisational objectives and creates a strategicapproach that will enable facilities professionals to deliver their expertiseglobally to a consistent standard.”

Because FM is about more than managingproperty assets, it is crucial to achieving maximum value from workplace andenvironmental benefits that improve productivity and protect employees andconsumers.

The framework was jointly developed by RICSand IFMA with extensive global consultation among FM practitioners and industryleaders. It is also crucially aligned to existing standards set by the InternationalOrganization for Standardization (ISO), ensuring that the framework conforms toISO consistent definitions and well as global best practice.

“The ability to achieve a competitiveadvantage through strategic FM has driven the industry’s rapid evolution inrecent decades,” says IFMA President and CEO Tony Keane. “The global FMcommunity has coalesced as a result of unprecedented access to information,benchmarks and global standards, such as the new FM Management Systems Standardlaunched by ISO this week. As the engine of this community, the IFMA-RICScollaboration exists to provide the tools that allow FM professionals to leadstrategic decision making.”

FM cannot be ring-fenced or limited to reflectoperational activities. There are strong connections between FM and corporatereal estate as well as asset management especially as it relates to propertyacquisition and disposal in both a strategic and operational sense. Thisframework sets out some of the key aspects of how and where facility managerscan play a bigger, more valuable role in the corporate real estatedecision-making process.

The landmarkcollaboration between IFMA and RICS is working to advance the global FMcommunity by offering the most comprehensive catalogue of professional developmentand credentialing, available at www.fm.training.For more on the IFMA-RICS collaboration, pleasesee: www.define.fm.

About IFMA
IFMA is the world’s largest andmost widely recognized international association for facility managementprofessionals, supporting 24,000 members in more than 100 countries. Thisdiverse membership participates in focused component groups equipped to addresstheir unique situations by region (136 chapters), industry (16 councils) andareas of interest (six communities). Together they manage more than 78 billionsquare feet of property and annually purchase more than US$526 billion inproducts and services. Formed in 1980, IFMA certifies professionals in facilitymanagement; conducts research; provides educational programs, content and resources; and produces World Workplace, the world’s largestseries of facility management conferences and expositions. To join and followIFMA’s social media outlets online, visit the association’s LinkedIn, Twitter, Facebook, YouTube and Flickrpages. For more information, visit the IFMApress room or www.ifma.org.

About RICS
Confidence through professional standards

RICS promotes and enforces the highest professionalqualifications and standards in the development and management of land, realestate, construction and infrastructure. Our name promises the consistentdelivery of standards — bringing confidence to the markets we serve.

We accredit 125,000professionals and any individual or firm registered with RICS is subject to ourquality assurance. Their expertise covers property, asset valuation, realestate management; the development of infrastructure; and the management ofnatural resources, such as mining, farms and woodland. From environmentalassessments and building controls to negotiating land rights in an emergingeconomy; if our members are involved the same professional standards and ethicsapply.

We believe that standardsunderpin effective markets. With up to seventy per cent of the world’s wealthbound up in land and real estate, our sector is vital to economic development,helping to support stable, sustainable investment and growth around the globe.

With offices covering themajor political and financial centres of the world, our market presence means weare ideally placed to influence policy and embed professional standards. Wework at a cross-governmental level, delivering international standards thatwill support a safe and vibrant marketplace in land, real estate, constructionand infrastructure, for the benefit of all.

We are proud of ourreputation and work hard to protect it, so clients who work with an RICSprofessional can have confidence in the quality and ethics of the services theyreceive.

For media enquiries,please contact:
RICS East Asia Public RelationsRepresentatives
Ms Penn Leung / Ms Peggy Mak
T: +852 3159 2986 / +852 3159 2982
E: penn.leung@creativegp.com / peggy.mak@creativegp.com
Published and distributed with permission of Media-Outreach.com.

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