How digital twins are revolutionising the building life cycle

How digital twins are revolutionising the building life cycle

At a time when digitalisation is finding its way into all areas of life, the introduction of digital twins is playing an increasingly important role in building management. Digital twins are virtual replicas of physical buildings and provide a deeper insight into the entire building life cycle. From the planning phase through to utilisation and maintenance, they offer a wide range of benefits that not only increase efficiency but can also significantly reduce life cycle costs. This technology is not only revolutionising [...]

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Bookkeeping for beginners: A comprehensive guide for newcomers

Bookkeeping for beginners: A comprehensive guide for newcomers

Bookkeeping can seem like a huge maze, especially when you're just starting out. But don't worry. Because every one of us has taken that first step and asked ourselves, "Where do I start?" The world of financial accounting, payroll and bookkeeping can be overwhelming, but with the right guide, it quickly becomes comprehensible. According to numerous studies, companies that manage their accounting efficiently are more likely to be financially successful. But how

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How D&O insurance can save your career as a manager

How D&O insurance can save your career as a manager

Not only since the start of the trial against Markus Braun (ex-CEO of Wirecard) has it become clear that managers are constantly exposed to a variety of risks. These risks can affect not only the company, but also personal liability claims against the managers themselves. It is therefore essential to look into D&O insurance (Directors and Officers insurance). This special liability insurance protects managers against financial losses caused by wrong decisions or breaches of duty in the course of their professional activities.

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How to recognise that your career has come to an end and what to do next

How to recognise that your career has come to an end and what to do next

A career is often an exciting journey that takes us through highs and lows. But there are moments when we need to stop and reflect: Is this the end of my career? The signs of a possible career end are manifold and range from a constant feeling of dissatisfaction to a serious crisis of meaning in the job. According to a study by the Institute for Employment Research (IAB), around 30% of employees have

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Networked buildings: the future of architecture

Why facility management will remain an outdated industry in 2025

Many industries are faced with the challenge of keeping pace with technological progress. However, while many sectors are developing dynamically, facility management often falls by the wayside. This discrepancy raises the question: Why is this the case? Is it the complexity of FM or perhaps a preference for tried and tested methods? Here are some aspects that shed light on this issue: Tradition vs. innovation: many companies still rely on traditional

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The psychology behind the hype: why people invest in cryptocurrencies

The psychology behind the hype: why people invest in cryptocurrencies

In recent years, the hype surrounding cryptocurrencies has increased significantly. More and more people are interested in investing in digital currencies such as Bitcoin and Ethereum, which is not only due to the potential profits, but also to the psychological aspects behind such investments. A survey by Deutsches Aktieninstitut shows that over 12 million Germans will have invested in cryptocurrencies by 2022. But what opportunities and risks do

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Top 5 reasons why you should (maybe?) switch to CAFM

Top 5 reasons why you should (maybe?) switch to CAFM

Efficient management of facilities can be crucial to a company's success. The implementation of CAFM (Computer-Aided Facility Management) software can have a transformative effect. Here are our five most compelling reasons why your company should switch to CAFM: Optimising operating costs: By using CAFM software, companies can achieve significant savings in operating and maintenance costs. According to a study by Facility Management International, through effective CAF management, organisations can reduce their

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Is Scrum the best solution for all IT projects?

Is Scrum the best solution for all IT projects?

The discussion about the most suitable methodology for project management is as old as software development itself. Especially in the context of agile approaches, Scrum has established itself as one of the most prominent methods. But is Scrum really the best solution for all IT projects or is it only suitable for specific scenarios? To answer this question, we first need to look at the basic principles of the Scrum framework and then put them into context.

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Long-term strategies: How to make your company more sustainable with the right company form

Long-term strategies: How to make your company more sustainable with the right company form

Choosing the right company form is one of the most fundamental decisions for any entrepreneur in Germany. Regardless of whether you are founding a start-up or want to restructure an existing company - the company forms in Germany offer a wide range of options. From the AG to the GmbH to the OHG, KG and the sole proprietorship: Each legal form has its own advantages and disadvantages that can significantly influence your entrepreneurial strategy. Did you know, for example,

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The role of artificial intelligence in the German economy

The role of artificial intelligence in the German economy

Artificial intelligence (AI) has become one of the most important topics in the world of technology and business in recent years. It encompasses a variety of technologies that enable machines to develop human-like capabilities, such as learning, problem-solving and decision-making. The origins of AI date back to the 1950s, when scientists began to develop algorithms that enabled computers to perform simple tasks. Since then, the

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Intelligent building technology: efficiency and convenience in the smart home

Intelligent building technology: efficiency and convenience in the smart home

Intelligent building technology, often referred to as smart building technology, encompasses a variety of technologies and systems that aim to increase the efficiency, comfort and safety of buildings. These technologies integrate various systems such as lighting, heating, ventilation, air conditioning (HVAC), security and energy management into a centralised platform. By networking these systems, they can communicate with each other and react to changes in the environment or user behaviour. An example of this

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Secrets of success of successful GmbH managing directors: What do they do differently?

Secrets of success of successful GmbH managing directors: What do they do differently?

Successful GmbH managing directors are characterised by specific features and strategies that set them apart from their competitors. While many managing directors struggle with the daily challenges of company management, these leaders have learnt to make the best use of their resources and develop a clear vision for their company. According to a study by the Association of German Chambers of Industry and Commerce (DIHK), 63% of managing directors are convinced that a clear communication strategy and effective HR management are the keys to their company's success.

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Sustainable building: Focus on LEED and BREEAM

Sustainable building: Focus on LEED and BREEAM

Sustainable construction is a concept that aims to minimise the environmental impact of building projects while improving the quality of life for users. It encompasses a variety of aspects, including the selection of environmentally friendly materials, the efficient use of energy and water and the creation of healthy interiors. The basic principles of sustainable construction are based on the idea that buildings are not only functional spaces, but also have a positive impact on the environment and the quality of life.

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Sustainable Development Goals (SDG): Challenges and opportunities

Sustainable Development Goals (SDG): Challenges and opportunities

Sustainability goals, also known as the Sustainable Development Goals (SDGs), were launched by the United Nations in 2015 and form a global framework for sustainable development by 2030. A total of 17 goals were defined that address a variety of social, economic and environmental challenges. These goals are not only important for governments, but also for companies, civil society and individuals. They aim to eradicate poverty, reduce inequalities

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What to do if the company Christmas party gets out of hand?

What to do if the company Christmas party gets out of hand?

The festive season is just around the corner and with it the annual company Christmas party. For many, this is a welcome opportunity to round off the year in style and spend time together. But what happens if this festive event gets out of hand? Just imagine: Instead of a reflective atmosphere, the company Christmas party turns into chaos with excessive alcohol consumption and embarrassing dancing. A real nightmare for any managing director! It is therefore important to

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Optimisation of resource planning for FM service providers

Optimisation of resource planning for FM service providers

Resource planning is a key element for facility management (FM) service providers, as it forms the basis for the efficient provision of services. In an industry characterised by constantly changing requirements and a high degree of complexity, well thought-out resource planning enables service providers to make optimum use of their human and material resources. This not only leads to greater customer satisfaction, but also to a significant reduction in costs. Well-planned resource utilisation ensures this,

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A guide to sustainable receivables management in small companies

A guide to sustainable receivables management in small companies

Effective receivables management is particularly important for small companies and SMEs. When it comes to securing liquidity and minimising payment defaults, dunning plays a central role. A well-structured debt collection strategy not only helps to manage outstanding receivables, but also strengthens customer relationships through targeted communication and professional payment monitoring. According to a study by Creditreform, around 75% of all companies are affected by payment defaults, which makes the

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