Corporate Profits driving down Quality of Service
Corporate Profits driving down Quality of Service In tight economic times corporate accountants and advisors dictate to the real estate asset managers and owners what the numbers have to be to be successful. Public REIT’s (Real Estate Investment Trusts), Government and private enterprises seek bottom line performance numbers. Degrees of profitability reach beyond achievable human and technological performance levels. Managers of corporate business plans for building asset maintenance are forced to drive down costs of quality service providers by doling out RFP (Request for Proposals) that provide the lowest possible cost to end user. These are often followed by best and final pricing negotiations when they pick a few often-desperate
November 25, 2024