By Ameeta Soni, Chief Marketing Officer, VFA, Inc.
A full economic recovery continues to be slower than anyone would like, but facility managers must continue to support the organizational mission with functional facilities in good condition. They also must prepare for the inevitable economic rebound. During an economic recovery, only organizations that have consistently managed information about their facility assets and leveraged that information in the creation of capital projects, plans and budgets will remain strong. Access to accurate, current facility condition data for facilities capital planning will provide a strategic advantage. The benefits in cost and strategic outcome will be significant, whereas the financial and functional price of poor facility planning will be painfully high.
What are you doing to face the current economic situation and prepare for the future?
Read how VFA’s Capital Budgeting Solution helps prioritize capital projects.