Real estate and facilities strategy can be a major contributor to your company’s success—provided you have the right team in place. This brief guide highlights seven things you need to know if you’re thinking about outsourcing some or all of your real estate and facilities management functions.
For a more detailed overview of real estate outsourcing strategies, visit http://www.us.jll.com/outsourcing
2. 1
Real estate is a
strategic corporate function.
One of the largest expense items
Impacts productivity and the supply chain efficiency
3. 2
Real estate and facilities affect
performance across your business.
“Facility services? They work in the basement right?”
Actually, they impact:
$ Finance
HR
Risk management
Health, safety and environment
IT
…..everyday
4. 3
Cost reduction: only the tip
of the outsourcing iceberg.
Yes, outsourcing creates quick-hit savings.
But when done right, it can minimize costs in
the long run and more importantly,
it boosts productivity.
5. 4
Experience matters. A lot, actually.
You wouldn’t go to a hair stylist for surgery would you?
The best results in real estate come from proven
providers with deep expertise.
6. 5
“Alignment of interest” is not
a mythical creature in the
real estate realm.
It’s not wise to build a relationship where the only way for
the client to increase savings is to cut into the vendor’s profit.
Fact: Win-win arrangements yield better
results in the long term.
7. 6
A great sourcing relationship
involves clear, measurable goals that
motivate everyone to work together.
Clear KPIs are critical. That means financial and non-financial.
8. 7
A smooth employee transition is the
most critical part of the outsourcing
process to get right.
Transition does not equal ≠ layoffs.
The people on the job have valuable knowledge and the
best service providers tap into that.
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