Facilities Management Trends in 2024

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Posted 08.07.24

Facilities Management Trends in 2024

Sustainability, technology and talent have been identified as core drivers over the next 12-18 months, emerging as Facilities Management trends in 2024.

FM is on the cusp of change over the next 12-18 months. Modern FM professionals are operating in a decidedly more complex environment characterised by technological advancement, increasing concern for the environment and ongoing change. For businesses aiming to stay ahead, understanding these trends is not just beneficial—it’s essential.

Sustainability: A Core Driver of Innovation

Environmental sustainability is increasingly on the agenda within FM than has been the case in the past. Sustainable practices which include, energy conservation and the use of environmentally friendly materials in construction are the norm in 2024. This is not a matter of compliance anymore – green and sustainable buildings are now the mainstream of cost-effective and socially responsible business practices. Facilities managers will be required to spearhead the formulation of spaces, which have positive impacts and improved functionality.

The Rise of Smart Technology

Technology remains the most prominent and rapidly growing aspect in the advancement of FM. Use of IoT (Internet of Things) devices gives real-time data; this allows more extensive understanding of building operations. The use of advanced sensors and automated systems ranging from energy consumption control to security systems will increase significantly. Therefore, the capacity to harness this technology for wiser building management is quickly becoming a norm and not the exception.

Embracing Hybrid Workplaces

Hybrid models trends in the development of the workplace since the need for new professional environments has emerged. Managing directors now get involved in the redesign of work environments, accommodating employees working from home and the company’s office. Employee health is also a big consideration and changes to the layouts which include relatively innovative additions get made. This trend underlines the requirement for a specialist FM professional to respond to the existing operational requirements to further corporate spaces.

Enhancing Employee Experience

A positive employee experience is intrinsically linked to productivity and retention. In 2024, enhancing this experience is a priority, so expect to see more ergonomic workspaces, wellness areas, and initiatives aimed at improving air quality and noise management. Each element is designed to support well-being and foster an environment where employees can thrive.

Data Security in a Connected World

With the rise of smart technologies, data security and privacy concerns are more pressing than ever. Facilities managers must collaborate closely with IT to safeguard data collected through IoT devices and ensure compliance with privacy regulations. This integration shows the expansion in the roles and tasks of FM and the necessity of personnel with appropriate technical background and understanding of cyber threats.

The Growing Importance of Financial Acumen

A notable trend in FM is the increasing relevance of financial expertise. Today’s facilities managers need to possess a deeper understanding of budgeting and financial management. This shift reflects the broader role of FM in strategic planning and cost control. Professionals from other industries, such as ex-military, known for their exceptional multitasking and leadership skills, are finding their competencies highly transferable.

The Future of FM

Facilities management is evolving at a breakneck pace, and 2024 is shaping up to be a pivotal year for the industry. As a recruitment consultancy with over 20 years of experience, we’ve seen first hand how the landscape is transforming. The demand for skilled facilities managers is fierce, driven by technology, sustainability, and the need for adaptable, multi-faceted professionals. The demands of the market are seeing professionals having to be more chameleon like to adapt to today’s workplace, and these needs are only going to increase for a smaller pool of talent.

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