How do you prioritize FM technology and innovation for your organization?

1 Factor 1: Alignment with strategic goals

The first factor to consider when prioritizing FM technology and innovation is how well they align with your organization's strategic goals and vision. For example, if your organization is committed to sustainability, you might prioritize technologies that reduce energy consumption, waste, and emissions. If your organization is focused on customer satisfaction, you might prioritize technologies that enhance the user experience, comfort, and safety of your facilities. Aligning your FM technology and innovation with your strategic goals will help you demonstrate value, gain support, and justify investment.

3 Factor 3: Adaptability to changing needs and conditions

The third factor to consider when prioritizing FM technology and innovation is how adaptable they are to changing needs and conditions. For example, you might prioritize technologies that are scalable, flexible, or modular, so that you can adjust them according to your growth, demand, or regulations. You might also prioritize technologies that are resilient, secure, or interoperable, so that you can protect them from disruptions, threats, or compatibility issues. Adapting to changing needs and conditions will help you maintain continuity, compliance, and innovation.

4 Step 1: Assess your current state

The first step to prioritize FM technology and innovation is to assess your current state and identify your gaps, opportunities, and challenges. For example, you can conduct a SWOT analysis, a benchmarking study, or a stakeholder survey to evaluate your strengths, weaknesses, opportunities, and threats. You can also use tools such as KPIs, audits, or dashboards to measure your performance, efficiency, and satisfaction. Assessing your current state will help you understand your baseline, your needs, and your potential.

5 Step 2: Research your options

The second step to prioritize FM technology and innovation is to research your options and compare their features, benefits, and costs. For example, you can attend webinars, trade shows, or workshops to learn about the latest trends, best practices, and case studies in FM technology and innovation. You can also consult experts, peers, or vendors to get advice, feedback, or demonstrations of different solutions. Researching your options will help you discover new possibilities, evaluate alternatives, and make informed decisions.

6 Step 3: Plan your implementation

The third step to prioritize FM technology and innovation is to plan your implementation and set your goals, budget, and timeline. For example, you can use tools such as SMART goals, project management software, or change management models to define your objectives, scope, and deliverables. You can also use tools such as ROI analysis, cost-benefit analysis, or risk assessment to estimate your expenses, savings, and contingencies. Planning your implementation will help you allocate your resources, manage your expectations, and monitor your progress.

7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?