Content related to ‘education’
“Orchestra,” a proposed system of coordinating the many facets of corporate real estate (CRE) developed by a team of students from China’s Tsinghua University, has won the first-ever Academic Challenge presented by CoreNet Global. The student team and the university will each receive $10,000 for winning the challenge. The goal of Orchestra is to close the gap between the speed of real estate and the speed of business, according to the team’s entry. “We are trying to reduce the days, weeks or months between the realization of the existing need of more space (office space, manufacturing space, storage space, and other types) and its final delivery in form of usable area,” according to the team’s application. “The gap between the speed of business and the speed of corporate real estate is a persistent challenge in our profession,” said Dean Jordan, Senior Director of Business Development, University & External Relations. “These students took on that challenge and developed an innovative solution that not only impressed the judges, but also demonstrated the potential to be further developed and applied in real world settings.” Orchestra is a conceptual project extranet software, which would be managed by the CRE department, and operate in real time through the cloud in PC and mobile devices (smartphones and tablets) with several objectives: Store standardized information of the various functions of corporate real estate — to compare their compatibility for any specific project Control the transfer of information among the stakeholders Process the information generated during transactions to provide for more transparent and efficient decisions made by the CRE department Integrate the CRE management of the corporation in any city or region around the world into one central control data base that provides real time information as required by the head managers or shareholders Credit: Tsinghua University In its entry, the student team said that Orchestra closes the gap by reducing the time required to deliver information and share feedback, storing and providing access to project history, allowing global integration with instant access to worldwide corporate portfolios and creating open spaces where managers, consultants and contractors can see each other and make decisions in a more transparent environment. CoreNet Global launched the Academic Challenge, which is sponsored by Cushman & Wakefield, earlier this year. Real estate, human resources and technology typically rank among the top three expenditures of most corporations, and corporate real estate executives manage millions (and sometimes billions) of dollars of assets across the globe. The academic challenge is part of CoreNet Global’s strategic priority of strengthening its… …Read More…
By Lisa Stanley 2015 has seen significant consolidation in the real estate service provider and software sectors serving the corporate real estate market. CBRE has purchased Johnson Controls, DTZ merged with Cushman & Wakefield, and MRI Software acquired Cougar Software, among others. This industry consolidation is expanding the global footprints of these organizations and with it an increasing need for attention to compliance and regulatory oversight issues. Timeframes for due diligence are also getting shorter in some markets with evaluation and decision making on whether to proceed now required in days and weeks not months. As a result, data integrity is key to these transactions through the due diligence process and beyond. With consolidation comes challenges — additional platforms that don’t communicate with each other for collecting and analyzing data, managers of these platforms who aren’t accustomed to communicating with each other, and an expanded client base that expects a consistently high level of service regardless of the internal issues that accompany consolidation for their vendors and business partners. How can an organization manage the integration of the data effectively with the complexities of regulatory compliance? The first step of the transformational change is acknowledging the difference between information and data. Information is the key — it’s derived from the data collected and drives decision — making at all levels of the organization. An Information Strategy and Roadmap is needed that implements standards as a building block for the framework using the following steps: Incorporate standards requirements into RFPs for systems and services. Use a standards approach as core to systems integration with business partners. Design an information model built upon standards. Develop functional and systems requirements that are built on standards. Integrate corporate data governance procedures into all aspects of the plan. The next step in the change process is to develop a clear value statement for standards that resonates with the C-suite. For some, this approach is a significant shift from one that has been focused on cost rather than value. Improved information quality builds a stronger data governance program, effectively addresses risk management and compliance issues, and improves benchmarking and performance. This value-based approach enables organizations to implement quickly and maintain agility, and makes on-boarding acquisitions faster not just locally, but globally. Consistency and quality of information is integral to the process, starting with implementation of a data dictionary that ensures the use of common terms and definitions within the organization and with external business partners. Think of a data dictionary as a cohesive way to link outsourcing, systems, processes, and… …Read More…
Clients and tenants worldwide are increasingly demanding sustainability – for both energy efficiency and occupant benefit — and green building continues to double every three years, according to the World Green Building Trends 2016 report by Dodge Data & Analytics. The findings of the report, which received funding from United Technologies, were presented by Bob McDonough, President, UTC Climate, Controls & Security at the recent 2015 Greenbuild International Summit in Washington, DC. “It’s critical that building industry professionals have the latest data and trends to inform designs and decisions,” said McDonough. “This information is valuable as we look to accelerate buildings that will foster sustainable, healthy environments.” The new report surveyed more than 1,000 architects, engineers, contractors, owners, specialists and consultants in 69 countries to understand their current green building project involvement and expectations for 2018. In addition to expanding the sample size by more than 25 percent over the 2012 study, the new report also has a higher percentage of architect and contractor participation across a larger number of countries. “The greater engagement by practitioners reflects the current green building environment,” said Stephen A. Jones, Senior Director of Industry Insights, Dodge Data & Analytics. “Their responses demonstrate that sustainability continues to have a transformative effect on design and construction professionals globally.” (Source: UTC Climate, Controls & Security) Green Building Trends Across all regions studied, respondents increasingly projected that more than 60 percent of their projects would be green projects by 2018, with a doubling from current projects across the Middle East, North Africa, Asia, South America and Sub-Saharan Africa. The largest percentage of green building activity continues to be in the commercial building segment, comprising 46 percent of respondents’ future green building projects. Activity in institutional buildings – schools, hospitals and public buildings – is expected to surpass green building projects in existing buildings (38 and 37 percent respectively) by 2018. Green Building Drivers Client demands are a driver for green building activity according to 40 percent of respondents, followed by environmental regulations (35 percent). Both categories increased over 2008 and 2012 responses. An enhanced awareness of the occupant and tenant benefits of green buildings emerged in the 2016 report, with healthier neighborhoods (15 percent), higher return on investment (11 percent) and employee recruitment (5 percent) increasing as drivers. Regarding social motivators, respondents ranked encouraging sustainable business practices as the most important benefit of green building (68 percent), followed by its ability to support the domestic economy, create a sense of community, and increase worker productivity (all 50 percent or higher). From an… …Read More…
Mayor Nutter will be part of the opening World Workplace events with remarks at 10 a.m. on October 2, 2013.
The partnership incorporates three BOMI International Facilities Management Certificate (FMC) offerings into a selection of Spring Arbor University’s Organizational Management major and Business major courses.
The “Profiles 2011 Salary and Demographics Report,” based on a survey of 4,353 fms in 45 nations, points to a career that compensates well.
IFMA members are a diverse group of facility management professionals concerned with the form and function of the built environment. Representing 78 countries, they manage more than 37 billion square feet of property and annually purchase more than US $100 billion in products and services.
The event brings workplace professionals from the world’s top business and government organizations together with educators and exhibitors to focus on the future of the work environment.
As a result of this agreement, I2SL and IFMA will be able to address a variety of topics, from operations and maintenance training for high-tech facilities to using BIM as a facility management tool.
In February 2011, National Office Furniture will provide a $25,000 Gift of Inspiration to a healthcare facility that registers on its website.