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How can you stay informed about emerging risks in real estate FM?

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Facility management (FM) is a dynamic and complex field that requires constant awareness of the changing environment, regulations, technologies, and customer expectations. As a real estate FM professional, you need to stay informed about emerging risks that could affect your assets, operations, and reputation. How can you do that effectively and efficiently? Here are some tips to help you.

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Shivani Seunarine

I believe that practice makes perfect so I teach in order to constantly improve my skills. Project Management…

1 Subscribe to relevant sources

One of the easiest ways to keep up with the latest trends, developments, and challenges in real estate FM is to subscribe to reliable and reputable sources of information. These could include industry associations, journals, newsletters, podcasts, webinars, blogs, and social media accounts. Look for sources that cover topics such as sustainability, health and safety, security, resilience, innovation, and best practices. Make sure to check the credibility and quality of the sources, and filter out the noise and bias.

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2 Network with peers and experts

Another way to stay informed about emerging risks in real estate FM is to network with your peers and experts in the field. You can join online or offline communities, forums, groups, events, and workshops that are relevant to your interests and goals. Networking can help you exchange ideas, insights, experiences, and solutions with other FM professionals. You can also learn from the experts who have the knowledge, skills, and expertise to address the challenges and opportunities in real estate FM.

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3 Monitor your assets and operations

A third way to stay informed about emerging risks in real estate FM is to monitor your own assets and operations regularly and systematically. You can use various tools and methods to collect, analyze, and report data on your performance, efficiency, quality, compliance, and satisfaction. You can also use benchmarks, indicators, audits, surveys, and feedback to identify gaps, issues, and areas for improvement. Monitoring can help you detect and prevent potential risks before they escalate or cause damage.

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Shivani Seunarine

I believe that practice makes perfect so I teach in order to constantly improve my skills. Project Management Practitioner| Facility Manager Practitioner| Agile Practitioner | Trainer |Business Owner
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This process starts with the following: 1. Categorize risk under the following headings Man made internal and external. 2. Create a risk register and keep updating with new risk 3. Assign risk action owners who would look at the risk and determine how to mitigate.

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4 Update your skills and knowledge

A fourth way to stay informed about emerging risks in real estate FM is to update your skills and knowledge continuously and proactively. You can enroll in online or offline courses, programs, certifications, or degrees that are relevant to your role and responsibilities. You can also seek mentoring, coaching, or guidance from experienced or senior FM professionals. Updating your skills and knowledge can help you adapt to the changing demands and expectations of your customers, stakeholders, and regulators.

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5 Anticipate future scenarios

A fifth way to stay informed about emerging risks in real estate FM is to anticipate future scenarios and plan accordingly. You can use various techniques and tools to forecast, simulate, or test how your assets and operations would perform under different conditions, events, or disruptions. You can also use scenarios to evaluate your options, alternatives, and strategies to mitigate or manage the risks. Anticipating future scenarios can help you prepare for the uncertainties and opportunities in real estate FM.

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Shivani Seunarine

I believe that practice makes perfect so I teach in order to constantly improve my skills. Project Management Practitioner| Facility Manager Practitioner| Agile Practitioner | Trainer |Business Owner
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I use what if scenarios with my team to really analyze and predict what would occur. It helps to determine best course of action. I use ms excel yo do this.

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6 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?

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How can you stay informed about emerging risks in real estate FM?

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1 Subscribe to relevant sources

2 Network with peers and experts

3 Monitor your assets and operations

4 Update your skills and knowledge

5 Anticipate future scenarios

6 Here’s what else to consider

Facility Management (FM)

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How can you stay informed about emerging risks in real estate FM?

1

2

3

4

5

6

1 Subscribe to relevant sources

2 Network with peers and experts

3 Monitor your assets and operations

4 Update your skills and knowledge

5 Anticipate future scenarios

6 Here’s what else to consider

Facility Management (FM)

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