Home Tech Embracing Technology in the Property Industry Amid Labor Challenges and an Aging Workforce

Embracing Technology in the Property Industry Amid Labor Challenges and an Aging Workforce

by Best Houses Team

Facility Management: Bridging the Labor Gap with Technology

The field of facility management plays a crucial role in the smooth operation of buildings, yet it often remains an overlooked career choice among young people. The demand for trained facility managers has risen significantly, leading to a notable labor shortage in the sector. Recent forecasts predict a staggering 53% shortfall in qualified professionals to fill vacant roles within the industry this year alone.

The Aging Workforce and Its Impact

A key factor contributing to this labor shortage is the impending retirement of a significant portion of the current workforce. Research indicates that nearly 40% of facility managers may retire as early as next year. If this trend continues, the industry could face up to 158,000 unfilled positions by the end of the decade.

Leveraging Technology to Address Labor Shortages

To tackle the challenges posed by declining labor supply, many organizations are integrating advanced technologies into their facilities management processes. Rick Szcodronski, Head of Product at Willow, a platform specializing in digital twin technology for building operations, emphasizes the importance of effective onboarding through technology. As part of creating a digital twin, every operational detail and process must be documented, ensuring knowledge retention during personnel transitions.

Creating a Knowledge Graph

At Willow, the creation of a “knowledge graph” serves as a vital resource for property teams. This graphical representation connects various operational aspects, fostering an understanding that can lead to more effective problem-solving and preventive measures. Identifying root causes of issues rather than applying temporary fixes enhances overall building efficiency.

Transforming Problem-Solving Approaches

To streamline operations, a paradigm shift from a bottom-up to a top-down approach is encouraged. Szcodronski points out that this approach can necessitate retraining staff on troubleshooting techniques. “Change management is a real issue,” he notes, indicating the challenges faced by employees accustomed to long-standing processes and tools.

Enhancing Efficiency and Knowledge Retention

Implementing the right technology not only empowers facility managers to achieve more in less time but also facilitates remote management across multiple locations. Digital systems play a crucial role in minimizing the loss of institutional knowledge when experienced staff leave. With comprehensive onboarding systems in place, new hires can navigate their roles more seamlessly, relying on established protocols rather than solely on the guidance of seasoned employees.

The Future of Facility Management Training

The rapid advancement of artificial intelligence (AI) is set to transform training processes for facility management personnel. As systems evolve, future teams may interact with AI agents to gather data or perform tasks, significantly reducing the learning curve associated with new software. The traditional hurdles of “siloed systems” are expected to diminish as integrated digital platforms provide comprehensive oversight and management capabilities.

Attracting the Next Generation to Facility Management

Despite technological improvements, attracting new talent remains a critical challenge. Younger generations, particularly Gen Z, often seek careers that align with their values and societal needs. Facility management’s potential to contribute to sustainability—by enhancing operational efficiencies and reducing carbon footprints—may resonate with prospective workers, sparking interest in this essential career path.

In summary, while facility management may not be a dream job for many, it offers a rewarding and impactful career opportunity. Through the adoption of innovative technologies and a focus on sustainability, the industry could inspire a new generation of professionals eager to make a difference.

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