Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/17487
Title: Integrated resources management structure for facilities provision and management
Authors: Then, DSS
Keywords: Facilities
Management
Models
Issue Date: 2003
Publisher: Asce-Amer Soc Civil Engineers
Source: Journal of performance of constructed facilities, 2003, v. 17, no. 1, p. 34-42 How to cite?
Journal: Journal of Performance of Constructed Facilities 
Abstract: The primary focus of this paper is the physical resource base that supports any business: corporate operational real estate assets. In order to achieve the much-needed alignment between business strategic direction and its real estate infrastructure, the organization's strategic intent must clearly reflect its facilities requirements in its strategic business plans. The significance of the strategic role of real estate assets to corporate performance can be seen in a recent influential research report by The Industrial Development Research Foundation in which corporate real estate assets are termed the fifth resource, after the traditional resources of people, technology, information, and capital. Based on a comprehensive survey of published literature and a series of in-depth interviews of corporate real estate/facilities managers, an integrating resource management framework was developed to model the nature of interactions between strategic business planning and operational asset management in an organizational setting. The proposed framework is grounded on an understanding of the nature and demands of core business requirements from which the requirements for real estate and facility services provisions are derived. The study supports the view that research efforts aimed at improving management effectiveness of the operational real estate asset base should be channeled to provide models or frameworks that promote understanding of all parties involved in the process.
URI: http://hdl.handle.net/10397/17487
ISSN: 0887-3828
DOI: 10.1061/(ASCE)0887-3828(2003)17:1(34)
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