Tag: Podcast

  • 5 Things Every Facility Management Company in India Should Do in 2022

    5 Things Every Facility Management Company in India Should Do in 2022

    No longer than a few weeks into 2022 and media platforms were thronged with updates surrounding the current state and future of facility management in India. These were senior leadership folks and progressive thinkers at facilities management companies talking about change and leveraging the power of digitalisation. All of this coverage signaled a positive outlook towards the use of data and digital technology to make facilities management in India more proactive and streamlined. 

    So the sentiment is there, and the business environment is favourable, to say the least. Only one thing remains to be done. Acting upon these trends, that people in the Indian facility management industry are talking about, especially trends at the intersection of facilities management and digital transformation.

    Umesh Bhutoria, founder & CEO, Xempla took this opportunity to get right to the bottom of this much awaited development. In a 5 minute micro podcast, he takes you through a step-by-step process to get your digital and business transformation roadmap up and running. You can scroll down and catch all the action by listening to the podcast at the end of this article, or you can read along here.

    Either way, let’s get you started.

    Facilities management in India is ripe for technological disruption, with data center, pharma, healthcare, and manufacturing being top priority sectors. Although India lags behind other established facility management markets like the US, UK and UAE in terms of organized players and degree of automation, it only means there’s scope for incredible growth

    Facility management

    Sure, there will be challenges along the way, but that’s what we’re here to help you out with. Digital transformation and automation in facilities management requires smart investment, careful planning and adoption of new technology. More than this, empowering the people – the end users and consumers of these technologies – is what matters most.

    And to undertake this inclusive transformation, we put together a list of 5 key things that every facilities management company in India should in 2022, and continue to work upon over the coming years.

    5 key things every facility management company in India should do in 2022

    #1

    First, companies have to set a timeline for 100% digitization. Most facility management companies in India, perhaps almost all, still record and plan maintenance activities on paper. Using paper-based maintenance systems implies little or no sharing of information. So the move to complete digitization is absolutely critical in improving communication and efficiency across the organization. 

    A timeline between 1 and 2 years could be an ideal one to follow. But longer than 2 years could mean your company will be falling behind the curve.

    #2

    The next step is to map the smartphone skills of the workforce. India has a great degree of smartphone penetration, thanks to the large user base and increasing demand for mobile internet. Availability of mobile devices is widespread, manpower is also abundant, but there are still underlying problems faced by facility management companies in India. Some of the devices are not very favourable for the use of voice, text, and camera features, which are essential to the accessibility of asset data and convenience of the blue collar workforce. 

    The other problem that the industry faces deserves much higher attention. In the digital transformation process, the importance of empowering the blue collar workforce cannot be stressed enough. Training the operations and maintenance staff, and other ground level workers to adapt to the evolving technology is going to be critical, especially for a market like India. Their observations and the kind of data they bring in are key to preserving the ‘human’ aspect of facilities management.

    #3

    Most facility management companies in India, apart from the usual bigger ones, do not have a tech stack or a data stack. Naturally, they cannot be expected to invest heavily in building or buying the required technology and get ready in a short period of time. A great starting point is to connect with a group of 2 to 3 technology partners, ideally startups that work well with your in-house team. As you expand upon your portfolio, you can narrow down to the one company that you would like to work with over the longer term. Collaboration and complementing your business knowledge is essential. 

    Listen to our latest podcast on the importance of digital collaboration

    #4

    Next, dedicate a team to track the entire digital transformation journey. Preferably, get people from Human Resources, Operations, IT and Business Development. Any function that you think will hold a key should have a representation in this team. Core responsibilities of the team will be tracking the implementation of strategies and making any course corrections as needed.  

    #5

    And finally, take care of risk management right away. You lose out on future bids when you’re in the middle of your current contract, not at the time of the rebid, because performance-based contracts are fast replacing time-based ones. Very few facility management companies in India consider risks associated with the current portfolio, largely from the innovation or rebid perspective. Commercial property owners, users, tenants and clients expect high performance from facility management teams and minimised risks. It’s very important that whatever initiatives you take, you factor the risks within existing projects, especially the ones that have higher risks. 

    Let’s do a quick recap of all the action items we discussed above. 

    Digital Transformation

    Digital transformation has become essential for every business, even if it is a traditional business which is based on people relationships like facility management. Companies that fail to follow will be pushed out of the industry in the coming years.

    Make 2022 the year of change you were talking about. What are some of the important things that FM companies in India should be working on from this year onwards? We would love to know your thoughts!

  • Key Barriers and Outcomes of State of Facilities Management in South East Asia

    Key Barriers and Outcomes of State of Facilities Management in South East Asia

    Facility management firms are striving to adjust to changing technological usage and economic trends and they have now realised how short a time span is left to handle these developments. Current unanticipated advancements, for which we had no way of preparing, have increased the importance of adaptability and innovation. 

    The urge to transform increases the risk factor but adds significantly to the improvement of your firm. If you are locked in a traditional company, you will find it more difficult to adjust to a data first environment. Transformation, once again, do not wait for your next planned implementation period. If your company does not make the necessary changes in a timely manner, it may be too late, and your company will be lagging behind the rest of the world. 

    We don’t want you to struggle so we’ve identified four major barriers and outcomes that Southeast Asia Facility management companies can avoid.

    Southeast Asia FM firms compared to rest of the world

    Countries have evolved and changed. Technology has become so intricate and developed that there aren’t many companies who understand it any longer. It takes time for them to recognise the change but then they struggle in the road of transformation.

    South East Asia markets account for about 3% of the global market when considering the integrated facilities management. FM enterprises are being encouraged by the government to focus on innovation and technology. But, when the government evaluates organisations, they must have a certain number of headcounts. So the government wants organisations to not only have these efficiencies, but also a minimum headcount.

    Innovation through the incorporation of technology-supported propositions or enabling technologies is key to the future of FM.” said Janice Wung, Program Manager, Industrial Practice, Frost & Sullivan.

    If you look up to the Southeast Asian FM firms, you’ll see IoT is absolutely getting a lot more airtime than what it used to. The real issue, though, is how to get value from the data. It’s not good enough for an organisation to say tick the box, IoT is installed, we’re getting data. But it really does actually have to add some form of real value in the chain.

    Is FM markets prepared to take calculated risks?

    Digital transformation was once a key focus, but it has now become a requirement. For nearly a decade, it was in the forefront of people’s minds, yet it was also simple to neglect but now you can’t do that.

    Inefficiency lies in the traditional companies which are unable to start with the transformational move. Inefficiency suggests that the FM industry is missing out on the advantage of making operations more efficient through technology. As a result, the organization struggles to adopt the new technologies coming by. When your company refuses to invest in upgrading facilities and providing a better workplace experience, it will miss out on attracting the best talent and with that if it becomes too comfortable with the continued business-as-usual scenario, the economical growth rate will drop.

    Calculated Risk

    Although coming up with a solution is easy, implementing it is a quite totally different thing. The reality is that you must be able to demonstrate to your customers, as well as your own employees, that this is the correct thing to do and that you can accomplish it.

     As a result, it’s essentially a risk-reward situation. Taking a calculated risk by stating that our company will be slightly more proactive than its competitors, with the condition that there may be downside.

    Internal roadblocks, impeding transformational change

    Change is not an intention to eliminate traditional companies, rather, it is an effort to keep FM firms moving with the transformation.

    The main difficulty, though, is that cost is tied with culture and comfort. You can’t simply add technology and expect the headcount to stay the same. The goal is to find efficiencies and cut down on costs. Facilities management and sustainability is another goal that needs to be kept in mind.

    At Xempla, we believe that you should start by examining the problem you are attempting to address.

    Even if the customer is unaware of the process, we are the ones who can, to some extent, change their focus from labour to technology. Of course, when it concerns the cost of tech innovation. Overall FM cost now must be lower in comparison to future costs.

    Frameworks to get going on their transformational journey

    In our Podcast Series, Umesh and James cover the four Cs: Culture, Comfort, Contracts, and Costs, which is a fundamental framework for properly addressing the underlying need for change.

    Culture

    Culture in this context refers to preparing your organisation or a portion of it for change. Culture has the capacity to alter, and it does so. It just needs to have the right leadership and vision.

    “When organizations undertake digital transformation and focus only on technology at the expense of culture, that can hinder progress in many areas,” says Carey Oven, a partner with Deloitte Risk and Financial Advisory at Deloitte & Touche LLP.

    Comfort

    Working on an existing contract and running a parallel process with the team, assuring them that this is the site and you are not committed in any way, is what comfort entails.

    As a result, you’ve pushed yourself, seen things from a fresh angle, and begun to identify the holes in the process. So that could be a technique to put yourself at comfort.

    Contract

    If the customer looks at you as an absolute promoter, has genuine love for technology, ready for the change and you have mutual trust. then this is the client with whom you can have an open and honest conversation about what you’re planning to do and what you believe the outcome will be.

    Costs

    If an FM company has been using traditional strategies, it should set aside savings. Considering Double digit savings is a must.

    Of course, you can’t expect it to happen on its own, you must work at it, and there are some really simple things you can do to save money, such as integrating services and using cross-service synergies.

    Our blogs cover all the major insights and frameworks briefly. You can check our Ebook or Podcast Series to know more!

    Let us know what you think about these insights and frameworks. What, in your opinion, is an actionable framework or plan that will assist a traditional organisation in beginning their transformation journey?

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