Why is it so difficult to secure capital for the facility? Because traditional ROI measures do not apply to facility assets. When your CFO asks for an ROI, talk about the Risk of Inaction. And use performance data to back it up. There are 6 steps you can take to collect the data you need. In this session, Owner Representatives will discuss the challenges of each step, and provide real-world feedback on those actions.

In many facilities, capital planning is a struggle, and the creation of a culture of compliance is but a dream. By utilizing an objective risk assessment of the utility and life safety asset inventory, Facility Managers can focus investments in the areas that need it the most. Capital Planning. Compliance. 2 Problems. 1 Solution. Linked by RISK. Join this session to learn about comprehensive asset management. Take control of your facility.

Learning Objectives:

Accept responsibility to identify capital requirements and teach the C-Suite about the Risk of Inaction.
Describe and define the Risk of Inaction.
Create a specific task list that can be used to assess the maturity of each health system and determine where in the process to engage.
Provide real-world examples of how a comprehensive asset management framework can link capital planning and compliance and mitigate risk for the facility.

Brian Crum

Vice President, Professional Services, Facility Health, Inc., Grand Rapids, MI

Appearances