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8.06 What’s Your Facility’s Value Proposition? Thinking & Planning Strategically

Thursday, April 4, 2013
9:15 AM-10:15 AM
Track: Council/Industry Specific
Format: Workshop
Organization: IFMA
Knowledge Level: 300 level
Session Description: In today’s low growth economy, facility managers are so focused on controlling operating costs that they sometimes forget the value of managing fixed assets.  

By assembling the right facility information and developing  key performance indicators, facility managers can gain insights into performance improvement opportunities.  Building upon this information,  “strategic thinking” can be applied as facility managers  work their way through the strategic facility planning process that used to be  plan for growth, but can now be used for optimizing asset management. 

Public and private sector case studies will reveal how other organizations, when faced with seemingly limited options, have used creativity to develop plans with positive organizational implications.

Join us as we review the checklist of facility planning tools needed to get you going, then consider how to use a Net Present Value analysis to uncover the financial impact of facility decisions on organizational and financial performance.

Learning Objectives:
  • Understand the tool box needed to enable good facility decisions (checklist provided).
  • Recognize how to overlay strategic thinking and the strategic planning process.
  • Become familiar with the different ways your facilities can provide value to your organization.
  • Calculate your facilities' value by using a rigorous financial framework for analysis.
  •     Conference Proceedings

        Presentation

    Speaker:

    Barry Lynch, CFM, SFP, MBA, NCARB, IFMA Fellow
    Labarre Associates, Inc.
    Strategic Facility Planner
    Facilities

    Barry Lynch, CFM, SFP, NCARB, MBA, IFMA Fellow is an architect and strategic facility planner at Labarre Associates, an architecture, construction, real estate and facility management firm that specializes in solving complex facility planning challenges throughout the US. He has 28 years of strategic facility planning experience; and his most notable project is the Master Plan for the US$165 million renovation of the Kansas Capitol.

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