IFMA’s World Workplace lands in Space City this October IFMA’s annual conference and expo takes place for the first time in Houston, Texas, USA — the location of the association’s original Service Center of Excellence. Members of staff, the Houston Chapter of IFMA and other Texas-based chapters look forward to welcoming colleagues from around the world this Oct. 18-20. Home to NASA’s Lyndon B. Johnson Space Center, Houston is known as “Space City,” signifying its role in U.S. space exploration. As the FM industry continues to explore ways to impact the built environment — seeking out new opportunities to transform and enhance physical space — Houston is the ideal venue for discussing and preparing for the universe of possibilities open to the profession. Tying in with this year’s space theme, World Workplace is proud to feature highly decorated NASA astronauts and retired U.S. Navy captains Mark and Scott Kelly as closing keynote speakers. Drawing from their experiences leading teams in dynamic environments, in combat and as space mission commanders, they’ll reveal powerful lessons on overcoming adversity and adapting to change. Those interested in advanced sustainability practices can see a successful urban regeneration project first-hand. The welcome reception will be held the first evening of the conference at Discovery Green — a vibrant 12-acre park in the heart of downtown Houston. What was once a concrete eyesore is now a beautiful destination adjacent to the George R. Brown Convention Center. Using the latest technology in green building methods, energy conservation and sustainable park operations, Discovery Green is LEED Gold certified. Front- and back-of-house facility tours are an illuminating part of the World Workplace learning experience. Tours include the convention center; the Houston Federal Reserve Bank, featuring the second-largest currency vault in the U.S. Federal Reserve System; and the University of Texas MD Anderson Cancer Center Sheikh Zayed Bin Sultan Al Nahyan Building for Personalized Cancer Care, devoted solely to research, with accommodations for more than 2,000 researchers. Register for this event at worldworkplace.ifma.org. Don’t just connect — Engage with fellow members IFMA’s new online Engage platform allows you to share documents and interact with FM colleagues. IFMA members automatically receive daily digest emails of general discussion and selected group activity; however, you can customize your email settings to get the most targeted information at your preferred frequency. Get started by joining a group. Go to engage.ifma.org and click on Groups > All Groups to see a list of available forums. Join any group that interests you, then choose a delivery option for posts (Real Time, Daily Digest, Weekly Digest or No Email). In addition to industry-specific groups, Engage features forums for chapter, council and community leaders. Roofing Technology Think Tank (RT3) focuses on the future Roofing Technology Think Tank (RT3) is a consortium of thought leaders exploring emerging technology solutions for the roofing industry. RT3 provides insights from professionals both inside and outside the roofing industry, along with practical resources for implementing potential solutions successfully. The organization aims to encourage and enable contractors to embrace technology as they seek to grow their businesses. “The next generation will demand the use of technology,” said Dale Tyler of National Roofing Partners. “If we want to compete for talent as an industry, we will need to create an appealing workplace. With our dwindling workforce, we need to be on the front end of new technologies that will automate the rooftop.” AESC study reveals struggle with generational transition of leadership The Association of Executive Search and Leadership Consultants (AESC) conducted a global survey of 850 business leaders across industries and functional roles on the generational transition of leadership from Baby Boomers to Gen X and Millennials. The study, “The New Wave: Next Generation Executive Talent,” reveals a heightened degree of anxiety among senior executives over keeping pace in a climate of constant uncertainty, widespread disruption and lightning-fast change. With Baby Boomers aging out of the workforce, business leaders are concerned about a lack of successors prepared to step into executive roles by the time they are required to lead. Many of the surveyed executives have already implemented recruitment, retention and professional development strategies tailored to a new kind of emerging leader. “Entrepreneurial” was ranked as the top desired leadership quality of next generation talent, followed by “leading change,” “emotional intelligence” and “critical thinking.” To access the study, visit the AESC website at www.aesc.org. ABM Industries to acquire GCA Services Group ABM, a Silver-level IFMA Corporate Sustaining Partner (CSP), has entered into a definitive agreement to acquire GCA Services Group, another CSP, from affiliates of Thomas H. Lee Partners, L.P. and Goldman Sachs Merchant Banking Division for approximately US$1.25 billion in cash and stock. The transaction is expected to close by September 2017, subject to customary closing conditions including required regulatory approvals. Chris Crampton, Managing Director of Goldman Sachs Merchant Banking Division, said, “The combined company will create a market leader in facilities services, and will enable management to offer its customers additional locations, services, expertise and resources.” The transaction will provide a broader platform for ABM to implement its standard operating practices, which, when combined with the best-in-class operations of GCA, will enhance its capabilities for customers and accelerate cross-selling of its technical solutions and specialty engineering services. The acquisition is expected to produce cost synergies in overhead and procurement, while also enabling greater efficiencies in areas such as shared services and IT. CBRE’s latest property investment report on China In July, commercial real estate services and investment firm CBRE Group Inc. released its latest property investment report on China. The report, “Towards 2020 China Investment Strategy,” forecasts that commercial property transactions in China will grow to RMB 260 billion by 2020, a 45 percent increase from 2016. An additional RMB 1 trillion could potentially be invested in the China real estate market between now and 2020, driven by increased participation of institutional investors, such as insurance companies and domestic real estate funds, along with real estate developers and foreign investors. The report examines the growth potential for the China commercial real estate market, and identifies the key macro trends expected to shape investment strategy in 2020, including: • Infrastructure. 600 km of new urban railways will be added between 2015-2020, and 17 cities will commence subway system construction. • Urbanization. Over the past 10 years, 200 million people relocated to cities, creating massive demand for real estate; by 2030, cities could see another 200 million residents. • Belt and road. This initiative is expected to drive logistics demand in Western China, resulting in the relocation of manufacturing industries and construction of local infrastructure. • Made in China 2025. This initiative aims to establish China as a global manufacturing powerhouse by upgrading and relocating manufacturing businesses, which is set to create huge demand for business parks, high-end warehouse and logistic facilities. • Demographic change. By 2030, one in every four Chinese citizens will be over 60 years old, which is expected to drive robust demand for senior housing. • Consumption upgrading. Rising incomes and improving consumption structure will form a critical component of the Chinese economy; commercial property will provide opportunities for investors, while catering to urban residents’ consumption upgrading. New company focuses on proactive solutions to extend life of buildings, industrial facilities and other infrastructure In July 2017, Rimkus Consulting Group Inc., a worldwide provider of forensic consulting services, expanded its business operations with the formation of a new company, Rimkus Building Consultants. Headquartered in Houston, Texas, the firm will help clients from coast-to-coast proactively extend the life of their facilities by helping to identify, mitigate and eliminate the complex risks inherent in procurement, design, construction and operation of large-scale facilities. “Rimkus has more than 30 years experience investigating what goes wrong with buildings and projects; it’s a natural next step for us to use this expertise to help developers, building owners and managers proactively optimize and extend the life of their facilities,” said Curtis Brown, president and chief executive officer of Rimkus Consulting Group. For more information, visit rimkusbuildingconsultants.com. ISO publishes third standard for FM Following the publication of two global standards for FM earlier this year, the International Organization for Standardization (ISO) has published a third: ISO/TR 41013:2017 Facility management: Scope, key concepts and benefits. This significant achievement for the industry was made possible by the involvement of several IFMA members, including past IFMA chair Jim Whittaker, who leads the effort for the American National Standards Institute (ANSI) U.S. Technical Advisory Group (TAG), and Jay Drew, CFM, PMP, SFP, co-convener of Working Group 1. IFMA has served as administrator on behalf of the U.S. ANSI TAG since 2012, playing a vital role in supporting the development of international FM standards. ISO standards are available online at www.iso.org. For practical guidance on the ISO management system process, read the six-part FMJ series, beginning with “Setting the Stage for ISO 41001.” A unified FM industry is a goal worth investing a lot of time and energy. Not only do ISO standards make individual FM professionals and their organizations more effective and efficient, but they can improve the outcomes for end users in terms of safety, security and productivity.” – JAY DREW CFM, PMP, SFP, Co-convener of Working Group 1
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