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IFMA – Portfolio of Initiatives

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Portfolio of Initiatives

In a previous article, I presented the strategic plan of IFMA, the international association for facility management professionals that provides global level educational programs and conferences in the field.

Another strategic instrument is the Portfolio of Initiatives. Initiatives or projects are the ones that help managers close the performance gap between actual results and targets. Taking actions is the first step to improvement.

Tools and techniques for a successful benchmarking study

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Benchmarking tools

All businesses are in a continuous search for processes and quality improvements that will eventually lead them to achieving a superior level of performance in their activity.

A benchmarking study can provide several benefits, including a set of measures for assessing the performance and a baseline from which to measure improvements. In order to achieve these, one should be aware and choose the proper method and tools for conducting the benchmarking study.

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