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Improving public sector property management
Faced with shrinking budgets, governments are looking to property management as a way to improve cost effectiveness.
Shrinking budgets are driving fundamental changes to the size and shape of governments around the world. Leaders are exploring a more compact, dynamic government workforce, and in turn, their underlying asset needs are changing. Simply put, a reduced workforce translates to reduced property needs. But tackling the effective management of one of government's largest spending areas is easier said than done.
While each government faces its own unique set of barriers to improving property management, there are a number of critical success factors to creating and employing smart property strategies. This report examines five areas that would enable more streamlined and efficient handling of government property through best practices and examples from across the globe.