Core Competencies for Federal Facilities Asset Management Through 2020 Transformational Strategies (2008) / Chapter Skim
Currently Skimming:
Summary
Summary
Pages 1-12
The Chapter Skim interface presents what we've algorithmically identified as the most significant single chunk of text within every page in the chapter.
Select key terms on the right to highlight them within pages of the chapter.
From page 1... ...
This portfolio is aging and deteriorating, and it is not aligned with current federal missions: Some facilities are no longer needed, some are poorly located, and others are obsolete. The condition of some federal facilities places the health, safety, and welfare of people at risk, hinders the accomplishment of various missions, and incurs a significant, long-term financial burden (GAO, 2003)
|
From page 2... ...
This paradigm shift is referred to as "facilities asset management." In this report, facilities asset management is defined as a systematic process for maintaining, upgrading, and operating physical assets cost effectively. It combines engineering principles with sound business practices and economic theory and provides tools to facilitate a more organized, logical approach to decision making (NRC, 2004)
|
From page 3... ...
However, if a facilities asset management approach is to be fully realized in the federal government, a concurrent transformation must occur in the core competencies -- the essential areas of expertise and the skills base required to achieve an organization's missions -- of facilities asset management divisions. Transforming the core competencies of facilities asset management divisions will be challenging.
|
From page 4... ...
As workers retire, federal organizations can redefine their facilities asset management core competencies, rewrite job descriptions, provide support and training to enhance the capabilities of current staff, and hire new staff to fill skills gaps. By taking these steps, federal organizations can develop and sustain a workforce that embodies the knowledge, skills, and abilities required to effectively manage federal facilities through 2020 and beyond.
|
From page 5... ...
Together, the three essential areas of expertise and the skills base constitute the core competencies for federal facilities asset management divisions through 2020 and beyond. The committee's findings and its recommendations for developing and sustaining core competencies follow.
|
From page 6... ...
Finding 5: Of all the stakeholders involved in funding, programming, designing, constructing, operating, and maintaining federal facilities, facilities asset management divisions are the only ones involved in all phases. To effectively support their organization's missions, facilities asset managers must integrate people, processes, technologies, services, and knowledge.
|
From page 7... ...
RECOMMENDATIONS Recommendation 1: To effectively manage federal facilities portfolios through 2020 and beyond, federal organizations and their facilities asset management divisions should operate within the overall framework depicted in Figure S.2. The recommended framework advises federal organizations to • Adopt the mindset of an owner of facilities; • Adopt behaviors that integrate facilities-related decisions into strategic planning processes to support the organization's overall missions; Governing Mindset OWNER Governing Behavior Strategic Decision Making Governing Approach Life-Cycle Management Continuous Improvement Essential Integrating Innovating Areas Aligning of Expertise Core Competencies Technical Business Behavioral Skills Base Enterprise Knowledge FIGURE S.2 Recommended framework for effective federal facilities asset management.
|
From page 8... ...
The skills base includes a balance of technical, business, and behavioral capabilities and enterprise knowledge. Recommendation 2: To develop its core competencies, each federal f acilities asset management division should first identify the functions and skills it will need to perform or oversee in support of its organiza tion's missions.
|
From page 9... ...
The development and sustainment of a workforce that can fulfill the core competencies required for effective facilities asset management require leadership at all levels of an organization, the sustained investment of resources, and a system to measure progress toward developing workforce skills and capabilities.
|
From page 10... ...
Such an effort will require cooperation and coordination among facilities asset management divisions, senior real property officers, the Chief Human Capital Officers Council, and the Office of Personnel Management. Recommendation 6: Federal facilities asset managers should seek to expand the knowledge base related to facilities asset management and use the results to improve decision making and achieve the desired out comes.
|
From page 11... ...
2004. Investments in Federal Facilities: Asset Management Strate gies for the 21st Century.
|
Key Terms
This material may be derived from roughly machine-read images, and so is provided only to facilitate research.
More
information on Chapter Skim is available.