Nowadays, in construction industry aspect, many businesses began to consider facility management , they believe that any properties ought need have effective facility management system in order to help their organizations any facilities can keep long time using life.
The question concerns that whether facility management can bring what real benefits to any organizations, even it can influence consumers have positive consuption emotions, when they enter the shop, can they own effective facility management protection? Can facility management bring social and economic advantages?
My view also addresses how facility management can contribute to cost reduction and economic benefits for organizations . My opinion investigates whether applying technology can help businesses reduce costs and improve talent job behavior.
In summary, my behavioral economy view explains the facility management function as a strategically vital organizational component that, when informed by psychological insights, can significantly enhance operational efficiency, optimize employee performance, improve customer satisfaction, and achieve substantial economic benefits through effective decision-making and cost reduction strategies
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John Lok
JOHN LOK, Behavioral Economist
I had graduated business Administration Science Degree in Common Wealth Open University.
John Lok's Behavioral Economy View on Facility Management Function
I am an author with a background in behavioral economics from Commonwealth Open University, explains the function of facility management (FM) through the lens of behavioral economics, emphasizing how psychological factors influence economic decision-making within organizations. His work integrates insights from psychology with traditional economic theories to provide a comprehensive understanding of human behavior in economic contexts, particularly concerning facility management.
