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Typology of value adding FM and CREM interventions

Per Anker Jensen (Department of Management Engineering, Technical University of Denmark, Kongens Lyngby, Denmark)
Theo J.M. van der Voordt (Department of Management in the Built Environment, Faculty of Architecture, Delft University of Technology, Delft, The Netherlands and Center for People and Buildings, Delft, The Netherlands)

Journal of Corporate Real Estate

ISSN: 1463-001X

Article publication date: 4 February 2020

Issue publication date: 18 August 2020

515

Abstract

Purpose

The purpose of this paper is to present an empirical-based typology of facilities management (FM) and corporate real estate management (CREM) interventions that can add value to the core business of organisations and possibly the wider society. The typology is explained, elaborated and discussed with the aim to reach a deeper understanding of value adding management in the context of FM and CREM.

Design/methodology/approach

The paper is based on FM and CREM literature, a survey with 15 expert interviews from six different European countries and cases with examples of interventions from earlier research.

Findings

The typology consists of six types of interventions, some mainly product-related, some mainly process-related and some that can be both. Each type is underpinned by examples from a case company and from interviews.

Research limitations/implications

The number of interviews is limited. The typology with related interventions is not necessarily complete. However, the typology is regarded to include the most important interventions in the current state of practice of FM and CREM.

Practical implications

The typology provides an overview of the different ways FM and CREM can add value. The cases and examples can be used as inspiration for developing specific interventions in practice.

Originality/value

The typology is the first to provide a classification of FM and CREM interventions. By integrating findings from interviews and case studies, this typology contributes to a better understanding and practicing of value adding management.

Keywords

Citation

Jensen, P.A. and Voordt, T.J.M.v.d. (2020), "Typology of value adding FM and CREM interventions", Journal of Corporate Real Estate, Vol. 22 No. 3, pp. 197-214. https://doi.org/10.1108/JCRE-09-2019-0042

Publisher

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Emerald Publishing Limited

Copyright © 2020, Emerald Publishing Limited

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