When budget time rolls around at your company, there’s a good chance the CEO isn’t looking at Facility Management as a critical part of the strategic plan. There’s a really good chance the CEO isn’t looking at Facility Management as a revenue generator.
It’s true. Facility Management is a cost center. And yet, we can easily give you 10 reasons why the CEO should boost your budget:
- Today’s facility management goes far beyond nuts and bolts.
As an industry of its own, facility management is relatively new and starting to gain traction as it delivers results. Moving beyond building maintenance, today’s facility managers are brought into strategic discussions earlier, offering expert input on everything from real estate to design to relevant budgeting.
- Investing in facility management is investing in the future.
As a relatively young field, facility management is attracting some of the best and brightest future industry leaders, people who want to contribute to organizations that value their expertise.
- The way the building space is managed impacts employee productivity on a daily basis.
The nuts and bolts of facility management will always matter. If the elevator is broken or the bathroom is out of order, employees spend more time away from their desks. And we all know what happens to productivity if your building is too hot or too cold.
- Facility management impacts employee morale.
Want employees to be proud to work at your company? Give them workspace that builds pride. It takes resources to fix scuffs, repair broken tiles, handle paint touch-ups. But those little maintenance issues add up to a big difference. And, staying on top of these minor repairs can help your company stay ahead of major, disruptive projects.
- You only get one chance to make a first impression.
Employees aren’t the only people who walk in your front door. Facility management is directly connected to image control. What kind of culture are you projecting? If customers visit your facility, everything from plumbing to HVAC issues shape their view of you.
- Strategic facility management helps in budgeting.
Facility management includes preventive maintenance on major systems. However, it also includes predictive maintenance, helping you anticipate major, necessary expenses so budget can be appropriately allocated.
- Technology is changing.
If you keep facility management in-house, it’s important to invest in rapidly changing technology. Real-time facility data is invaluable.
- Your team needs training.
To keep a facility running securely, you might use automated control systems, data systems, camera systems, etc. Your team needs ongoing training to run and repair these systems.
- Dedicating the right budget creates breathing space.
No one likes unexpected expenses. If you know you’re going to need a new roof next year, now’s the time to budget for it.
- Last, but certainly not least: Increasing your budget decreases executive stress.
With a proper budget, you can staff appropriately; plan maintenance, repairs and replacement for minimum downtime; and help boost productivity and job satisfaction.
If, even with all these logical reasons, you don’t receive the budget boost you want, consider a completely different cost-saving approach to facility management. Outsource with Lee Company. We have the professionals, experience and technology you need to make facility management a strategic advantage.
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