-
Recent Posts
Archives
Categories
Meta
Tag Archives: Operating Costs
Financial Benefits of Strategic Facility Planning
Facility Planning provides for numerous opportunities to improve financially by affecting rates of return, net present value, cycle times, and processes. Continue reading →
Posted in Strategic Planning
|
Tagged facilities, Facility Planning, Financial Benefits, master planning, Operating Costs, Strategic Planning
|
Leave a comment
Facilities Operating Cost Cutting Conundrum
Conundrum: (Oxford Dictionary): a confusing and difficult problem or question (American Heritage Dictionary): a paradoxical, insoluble or difficult … Continue reading →
Posted in Facility Management, Strategic Planning
|
Tagged BOMA, cost-cutting, facilities, Facility Planning, IFMA, Operating Costs
|
Leave a comment
Consider “Where You Want to Be” Before Investing in “Clicks” or “Bricks”
Investments in new mobile technology should be evaluated both incrementally and strategically. Years ago, a reporter thrust a microphone in Wayne Gretsky’s face and breathlessly asked, “Mr. Gretsky, ‘what makes you the greatest hockey player of all time?’” The “Great … Continue reading →
Posted in Strategic Planning
|
Tagged Banks, Credit Union, operating budget, Operating Costs, Strategic Planning, strategy
|
Leave a comment
Strategic Facility Planning Can Radically Transform Your Branch Facility Operating Cost Structure
While line item cost reduction and strategic cost control programs control the “cost” portion of cost per square foot, strategic facility planning creates value through control of the “square feet” portion. Strategic Facility Planning is a process that aligns the … Continue reading →
Posted in Strategic Planning
|
Tagged Banks, Construction, Credit Union, economoy, Facility Management, Facility Planning, IFMA, operating budget, Operating Costs, Renovations, Strategic Planning, strategy
|
Leave a comment
Strategic Cost Control Programs: An Important Next Step After Budget Reductions
Strategic Cost Control Programs are a targeted and systematic approach to maintaining buildings in a cost-effective manner over the long run. They may not produce immediate savings, but their implementation will reduce the number of “unexpected,” but predictable, maintenance failures … Continue reading →
Posted in Facility Management
|
Tagged Architecture, Banks, Credit Union, Facility Management, Facility Planning, Operating Costs, Preventive Maintenance
|
Leave a comment
Why Facility Cost Cutting at Branches Only Produces Limited Results
Many organizations can have 50 or more budget line items that track facility costs. The Building Owners and Managers Association (BOMA) has developed a simplified cost structure that allows you to aggregate costs in a format that, when combined with … Continue reading →
Control Your Branch Facility Operating Cost Structure
“Cuts alone won’t produce results you want” If your efforts to control facility operating costs for Branches have involved lots of work with limited results, you’re not alone. A recent study found that more than 50% of organizations averaged only … Continue reading →
Labarre Associates, Inc. 