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Facilities Management - Essay Example

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Name: Tutor: Course: Date: Facilities Management Building a Better Future The article illustrates how integrating energy conservation into business models is vital. Nevertheless, it is not embraced because of the duration the ideology will take to benefit investors (return on investment)…
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Facilities Management
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Facilities Management

Download file to see previous pages... The article reveals that the main problem with the initiative is the con that, it will take long for investors to see the benefit from their investments. The problem is evident in facilities such as schools and city halls, where the return on investment may take a long time and investors are not convinced as to whether it is a worthwhile investment. In the case of the commercial sector, the problem is more apparent due to the fact that, it is difficult to predict business growth, and whether the duration of the eco-friendly building will match the time-line of the business. An example of this factor is municipal buildings; since they are used through generations, it is difficult to establish whether the buildings will be able to last the duration of the generations. It has resulted in the investors being skeptical about the plan. (Taylor, ‘Building a Better Future’) As a result, short terms measures have been suggested such as creating small projects that facilitate the reduction of carbon emission, and ensure a short-term return on investment. Such factors have led to individual’s missing out on financial opportunities. The intervention of the government has led helped in aiding the investment hurdles and promoting the development of more concrete programs that will provide a better return on investment. ...
Such is the importance of getting investors and businesses in general to alter their business models, to those that will emphasize the development of energy efficient firms and save money both in the short and the long-term. The article is an educative piece of literature on the importance of establishing energy efficient businesses. It is evident how firms are using much energy at the moment, hence spending more money than they should in their daily operations. Based on the article’s information, it is clear that businesses should seek ways of reducing energy use, and this eventually will lead to a reduced cost of production. In conclusion, we learn, the fact that firms use more energy in production has resulted in the high prices of commodities in the market (Taylor, ‘Building a Better Future’). With use of energy conserving measures in organizations, it will reduce the production costs and in turn, reduce the price of commodities in the market. Based on that, energy conserving factors will serve to influence the internal and external factors of a business. It implies that energy conserving will be the catalyst for the reduction in the cost factors on a country’s scale. Energy conserving can be considered as the solution to making life in the US much cheaper. An Online Solution The article highlights the challenges encountered by real estate and facility managers, in handling asset related data. Several core processes are usually involved in facility management hence it is important to establish situations where data exchange occurs. This will help facility managers come up with tools that will ensure efficient and ...Download file to see next pagesRead More
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