It is projected that by 2025 the global facility management (FM) market will worth USD 1trillion by just taking the outsourced portion into consideration. Facility Management entails directing, handling, supporting an organization’s facilities and balances the needs of stakeholders with sustainable business requirements. Facility Management influences the safety of all individuals associated with an organization and surrounds various areas which includes occupancy costs, space utilization, maintenance, security, and environmental considerations.
ISO 41001, named “Facility Management- Management system – Requirements with guidance use,” has been released recently to enhance efficiency. This new standard brings out international best practices and acts a s reference for growing and executing effective strategic, tactical, and operational Facility Management applications. It also provides assurance to organizations considering outsourcing Financial Management as compliant providers displaying adherence to the standard’s requirements.
Stanley Mitchell, chairman of ISO/TC 267, the ISO technical committee in charge for advancing the standard spotlights that ISO 41001 institutes an approach and set of processes that can be universally implemented and referenced.
“Every company, big or small, has some element of facility management. It is a complex discipline that directly affects everyone, as it is all about the spaces that we occupy and how those spaces meet the needs of the people who use them on a daily basis.
“ISO 41001 is the first standard of its kind for facility management and has the potential to make a real difference to organizations by improving workforce health and safety, reducing their impact on the environment and making considerable cost savings and efficiencies.
Reference link: https://www.iso.org/news/ref2281.html
