A warm welcome to everyone. Football season is winding down and college basketball is heating up. Just in case you were too busy watching sports or 24 and did not have the opportunity to see our blogs and voter links as they were published, we have summarized them for you here. Please enjoy them over the weekend and be sure to check back for new articles next week. You can find a complete listing on the Mintek Blog.
This weeks articles featured a guest blog by IWMS Steve Hanks, a tribute to the victims of the Haiti earthquake and a look at property management cash flow. The most popular article of the week was Increasing Property Management Cash Flow which took a look at the relationship between tenant satisfaction and preventive maintenance.
Author: Stuart Smith
A significant impact on cash flows for property management is tenant turnover. Many of the reasons tenants leave or decide not to become tenants are maintenance related. Establishing a good preventive maintenance program will help reduce costs, lower tenant turnover and increase the value of the property.
Key Point: Tenants have a choice where they live and the cost of replacing a good tenant is well worth the cost of preventive maintenance.
Author: Steven Hanks
Integrated Workplace Management Systems (IWMS) address many of the same issues as an Enterprise Asset Management (EAM) software products. Guest author Steve Hanks takes a look at the potential savings an IWMS or EAM can generate with a Green Strategy.
Key point: Buildings in the United States are responsible for nearly 40% of CO2 emissions, 40% of energy consumption and 13% of the nations water use. IWMS and EAM software products can help lower usage and costs.
Author: Stuart Smith
The article first tips our hat to the wonderful volunteers at the Red Cross and then takes a look at the causes of earthquakes, their frequency, the type of damage done and how to minimize the impact of future earthquake damage.
Key Point: Earthquake preparedness is a question of planning for both the initial quake and aftershocks. Failure to take immediate action directly after an earthquake will have tragic results.
Read Relevant Articles That We Found Last Week
But wait there is more. In addition, we have found several more articles that you might find to be interesting. The 4 best this week are:
The article outline where $37 million in funding from the American Recovery and Reinvestment Act (ARRA) to support high efficiency, solid-state lighting projects is going to.
Key Point: The importance of solid-state lighting, (LEDs) and OLEDs) instead of incandescent bulbs to replace the traditional incandescent lighting.
Author: Andy Ginder, Vice President, ABB Reliability Consulting
Andy does a great job of explaining a model for operational excellence that includes five foundational elements of people, processes, systems, technology and equipment. With the foundation elements there are a matching set of 5 pillars including organizational alignment, asset reliability, compliance, manufacturing and energy
Key Point: “Automation can do great things, but it’s people that design, install, program, and operate the equipment and systems.”
Author: Douglas D. Chasick
An older article but relevant to this day. Douglas examines the need for property management to make sure they budget preventive maintenance into their budgets.
Key Point: Preventive is not a cost, it is a money saving practice that all property managers should be doing.
Our second article of the week posted by Anne of Facility Blog. The short article takes a quick look at new guide, “Energy Efficiency, Renewable Energy and Historic Preservation: A Guide for Historic District Commissions”, produced by Clean Air-Cool Planet.
Key Point: It is very possible to make older building more energy efficient.