All entries for Wednesday 22 April 2009
April 22, 2009
Having done my research for my KBAM coursework, now is time to write up.
I have chosen Facilities Management (FM) as the one aspect of WaveRiders’ asset management they need to develop. After reading a few journals, I feel the FM part often doesn't get enough attention as it is suppose to, therefore it is useful to let the WaveRiders board aware of the issue (the scenarios of my coursework).
Over the years, facilities management has already gone through four generations. At the beginning, facilities management is about the overheads of a company, and the focus at that time was managing facilities at the lowest cost, facilities management is isolated from the entire organisation. The second generation is integrating FM into the organisation as a continuous process. Third generation, FM was regarded as resource management, and supply chain issues was the FM focus at that time. The forth generation, people have realised the importance of FM as one of the core contributors of business success, FM plays an important role in a company’s strategic plan. FM is starting to align with organisational structure, work processes. (Pathirage et al, 2008)
Although most literature have shown that FM is an important element towards a company’s success, FM is still considered as one of “supportive activities” within a company. Companies are more likely to focus their energy on “primary activities”, such as operations, marketing and sales. Therefore, I think FM need to get more attention from the management board.
Reference: Pathirage, C., Haigh, R., Amaratunga, D., and Baldry, D., 2008, Knowledge management practices in facilities organisations: a case study, Journal of Facilities Management, 6(1)