The Modern Facilities Management Podcast
The Modern Facilities Management Podcast is your premier resource for insights, trends, and best practices in the ever-evolving world of Facilities Management. Hosted by Griffin Hamilton, this show features conversations with thought leaders, service providers, and tech innovators who are shaping the future of FM. From navigating new technologies like AI and IoT to optimizing operational efficiency and sustainability, we dive deep into the challenges and opportunities facing facility managers today. Whether you're a seasoned FM professional or new to the field, this podcast offers actionable takeaways to help you elevate your facility operations and stay ahead in a rapidly changing industry.
The Modern Facilities Management Podcast
#104 David Miller: Budgeting in Facilities Management
David Miller, a seasoned expert with over 15 years of experience in operations management within commercial real estate and construction, joins our show to delve into the intricacies of budgeting in Facilities Management.
On this episode, we cover a range of topics, including the impact of facilities on business operations, the unique budgeting needs across different industries, and the fundamental principles of effective budget management in FM.
Key Takeaways:
- Strategic Role of FM: Facilities management is pivotal in driving business success, creating productive environments, and ensuring alignment with organizational goals.
- Industry-Specific Needs: A deep understanding of how facilities management varies across industries is crucial for tailored budgeting and informed decision-making.
- Financial Acumen in FM: Mastery of financial concepts, cost tracking, ROI measurement, and building persuasive business cases are essential skills for FM professionals.
- Stakeholder Engagement: Building robust relationships with stakeholders and communicating budget requirements effectively are vital for gaining budgetary support and demonstrating FM's value.
Enjoy!
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