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Showing posts from September, 2018

Which Sustainability Program is Best for Your Building?

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Many organizations offer programs to help you measure or plan sustainability initiatives. The hardest part is choosing the best option for your building. We've done just that and present you with four options to help find the right fit for your next building improvement initiative.

Energy StarThe U.S. Environmental Protection Agency (EPA) jointly with the U.S. Department of Energy has established the Energy Star program. The focus of the program is to save money and protect the environment through energy-efficient products and practices. 
Highlights: - Energy and water conservation focus.
Portfolio Manager: the most important part of the program for a building owner or manager. This tool is free and focuses on conservation of both energy and water in facilities. 

Using Portfolio Manager, you can:
Set investment prioritiesIdentify under performing buildingsAssess energy management goals over timeIdentify strategic opportunities for savings and recognition opportunitiesFor more informa…

Benchmarking for Sustainable Building Investments

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As we approach World Green Building Week, we are reminded to build, maintain, and invest in energy efficient buildings.

Making smart building investments is key in commercial real estate. Benchmarking is an everyday practice that allows us to understand how well a building is performing against our expectations. We can compare a building’s performance to similar buildings or against a performance level.
Asset vs. Operational BenchmarksFocusing on building energy-efficiency, there are two primary types of benchmarks: asset and operational.

Asset Benchmarks measure abuilding’s predicted energy performance based on physical and structural characteristics. 

To create an asset benchmark, an engineer conducts an energy simulation of the building’s design characteristics and installed systems using a set of standard operating conditions. These benchmarks provide a clear picture of how a building is expected to perform based only on its physical features.

Asset benchmarks are most commonly applied…

"Insure" Your Building Survives a Hurricane

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When disaster hits, one immediate challenge is to return to normal business operations. Your tenants and your employees rely on it for their livelihood. While hurricanes are extreme examples, even much less severe events can impact the business.

When a building or business personal property is damaged, the resulting financial loss is not limited to the physical damage to the property. The loss of income the business suffers can often be greater than the monetary loss caused by the damage to the property itself. 

Here are the 5 types of insurance to protect against income loss:

1. Business Income Insurance:enables a firm to protect itself against the loss of income suffered because of physical damage to insured property. 

A common example includes losses suffered by property owners and managers when serious property damage (hurricane, fire, collapse) prevents them from collecting rent. This insurance would cover net income plus continuing expenses from the date of the loss to the time that…

How to Realistically Implement Organizational Changes

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It is no mystery that rapid and complex change within organizations rattles the status quo and creates an undercurrent of insecurity among managers and employees alike.

This insecurity results in reduced commitment, loyalty, trust, and motivation among employees, as well as job insecurity among managers. These negative effects can be reduced through managing change better.
Types of Change1. Adaptive Change: least complex, uncertain, or threatening. It may include hiring new personnel or department consolidation.

2. Innovative Change: medium degree of complexity and cost, uncertainty, and threat. If met with moderate resistance, it may include a new focus such as offering of flex time.

3. Radically Innovative Change: high complexity and cost, extremely threatening in terms of job security and confidence. If met with great resistance, it may include reorganization, downsizing, and outsourcing.

When Change Is WelcomeMore often than not, employees ask for change, though usually indirectly. Whe…