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KMID : 0358020040330090071
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Journal of the Korean Hospital Association
2004 Volume.33 No. 9 p.71 ~ p.78
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Leveraging Your Capital Construction Costs through Effective Facility Planning(4)
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Cathryn Bang
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Abstract
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“Every money spent on property is money less available for accomplishing your mission.” “Property is not your core business, money spent maintaining and developing your real estate is an expense to your organization and reduces your operating capital.” Those two statements are typical throughout the business world and set the stage for CEOs, COOs, and many times CFO’s to underestimate the vale their property contains and how it may contribute to the success of their core business.
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