Role of Facilities Management in the Current Global Market Meltdown

Role of Facilities Management in the Current Global Market Meltdown

THE ROLE OF FACILITIES MANAGEMENT IN AN ORGARNIZATION WITHIN THE GLOBAL MARKET MELTDOWN CLIMATE.

INTRODUCTION

Facilities management is a dynamic profession which has various roles it plays in an organization. Its activities are particularly geared towards enhancing the delivery and achievement of the goal of the organization. However, achievement of an organizations goal is also tied to the present environment i.e. the economic situation of the country which the organization is based. At present, we hear and observe so much of the global market meltdown, this might have either positive or negative effects on an organization which inversely might affect the operations of facilities management within an organization and a country as a whole. This write-up therefore seeks to address the roles which facilities management would need to play in an organization that is based in a country experiencing market meltdown.

FACILITIES MANAGEMENT AND ITS GENERAL ROLES

Facility management or facilities management is the management of communal buildings such as offices or colleges. The facilities and services provided include air conditioning, cleaning, decoration, electric power, lighting and security. The term facility management is similar to property management but is applied to larger commercial properties where the management and operation of the buildings is more complex. The basic role of facilities management is to ensure that the people working in a facility are able to be productive on their job at all times which could be related to such occupants convenience and safety. Such convenience can further be related to the list underlined
above and at most times, the organization of the space within a facility.
It is worthy of note to know that the work of Facilities Management keep increasing by the day and its awareness is growing steadily. It has been observed that facilities are organizations largest capital asset-8-12% of the annual capital budget...

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