BIFM to monitor business confidence in facility management

The British Institute of Facilities Management, Nigeria has inaugurated its Facilities Management Business Confidence Monitor, in partnership with BusinessDay Media Limited.

The survey by the BIFM Nigeria group aims to gain a full picture of the FM sector confidence by canvassing the views of its senior decision makers as well as the teams delivering those services.

The survey, which will be opened until June 8, will ask for opinion on current business performance, the outlook for the coming months, and individual career prospects of people working within facilities services organisations, large or small, at all levels and encompassing all roles.

The Chairperson, BIFM Nigeria, Wale Odufalu, said that information was key to making strategic decisions, adding that with the right information, uncertainty would be reduced, helping organisations to make more informed decisions.

“Unfortunately, the lack of industry data is one of the challenges faced in the FM industry in Nigeria. BIFM Nigeria believes that the BCM will provide valuable insight and value to FM professionals and the business community on the business outlook for the next 12 months as it garners opinion from industry players at different levels from both the client side and the supply side of FM,” she explained.

The BIFM Research and Information Manager, Peter Brogan, stated that on completion, the BCM would be able to show how confident organisations were about the prospects of the FM industry in the country and how the existing performance of facilities management professionals were rated within the market.

“This is a very exciting project for us,” he said.

According to Odufalu, the BIFM community group in the country is set up to support the growing FM industry and an increased number of professionals from across the country.

She said, “With the BIFM supporting a business confidence monitor in Nigeria, it demonstrates the respect of the existing FM market as well as the potential growth opportunities for the sector. We are also delighted to have the support of the leading business publication in the country, BusinessDay.

“Its informative editorials, news and reports have commented on various areas of the economy such as construction, infrastructure, maritime, agriculture, and oil and gas, to mention a few. It is, therefore, a great delight to see this respected media partner coming on board to work with the facilities management sector in Nigeria.”