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How to identify and manage toxic employees in the team

How to identify and manage toxic employees in the team

They exist in every professional environment - the toxic employees who lie like a shadow over the team dynamic. Their presence can have a significant impact on morale and productivity. It is therefore crucial to identify toxic behaviours early and manage them effectively. Management plays a central role in this, particularly in areas such as human resources management and conflict management. To identify toxic employees, managers should look out for specific signs: Negative attitude: frequent complaints or [...]

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Implementation of CAFM-Software: In the 3 months prior to the Rollout

Implementation of CAFM-Software: In the 3 months prior to the Rollout

Implementing CAFM software can be very exciting - but it can also be fraught with setbacks and hopefully many successes. Significant progress can be made in just three months if you plan carefully and take a strategic approach. The introduction of Computer Aided Facility Management (CAFM) is not just a technical step, but a profound change in the way we organise our facility management. If you are wondering how to

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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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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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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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Networked buildings: the future of architecture

Networked buildings: the future of architecture

In today's world, where technological innovations and digital networking are omnipresent, networked buildings are becoming increasingly important. These smart structures are not just simple living or working spaces, but act as complex systems that are interconnected by modern technologies. They enable seamless communication between different devices and systems, leading to increased efficiency and an improved standard of living. In a world where urbanisation and population growth are steadily

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Why experts advise against Bitcoin as a business investment

Why experts advise against Bitcoin as a business investment

In the current economic climate, companies are faced with the challenge of developing innovative financial strategies in order to remain competitive. One such strategy is the integration of Bitcoin as an alternative form of investment. However, despite the hype surrounding cryptocurrencies, there are experts who advise against Bitcoin investments for companies. There are many reasons for this, ranging from volatile market movements to tax uncertainties. According to a survey in 2023, 57% of financial experts stated that

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Debit positions in accounting: A comprehensive guide for beginners

Debit positions in accounting: A comprehensive guide for beginners

The debit position in accounting is a fundamental concept that is of great importance to both managers and experienced financial accountants. It refers to the planned or expected status of accounts at a particular point in time. This information is crucial not only for financial accounting, but also for preparing accurate financial statements and monitoring company finances. A well-structured understanding of the debit position can help you to avoid accounting errors.

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The hidden costs of poor asset management and how to avoid them

The hidden costs of poor asset management and how to avoid them

When we talk about asset management, most of us think of the proper management of buildings and their infrastructure. But have you ever thought about what happens when this management is not optimised? The hidden costs might surprise you! Poor asset management can not only lead to physical damage to properties, but can also result in significant financial losses. These costs are often difficult to quantify and are often overlooked,

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The secret checklist for a successful online application: What the software really wants to see

The secret checklist for a successful online application: What the software really wants to see

In the digital world of work, online applications are no longer a rarity, but they are often the first step to a dream job. Online applications usually have to go through recruiting software before they can be viewed by a hiring manager. This can feel like a rocky road, especially when you consider that many companies today completely automate the application process in the initial stages. According to a study by Jobscan, approximately 98 % of Fortune 500 companies have an applicant tracking system in place

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Critical analysis: Are the costs of CAFM systems justified?

Critical analysis: Are the costs of CAFM systems justified?

The cost of CAFM (Computer-Aided Facility Management) systems is a hotly debated topic in the facility management community. At a time when companies are looking to optimise their operating costs while working more efficiently, the question arises: is the investment in CAFM software and solutions really justified? Studies show that over 70 % of facility managers believe that a well-implemented CAFM solution can realise significant savings in operating costs. Thus reported

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Top 10 CAFM software solutions for small and medium-sized companies

Top 10 CAFM software solutions for small and medium-sized companies

In today's dynamic business world, small and medium-sized enterprises (SMEs) face a variety of challenges in facility management. Efficient property management, optimising maintenance processes and ensuring energy efficiency are just some of the aspects that are in focus. One solution that is becoming increasingly important in this context is CAFM (Computer-Aided Facility Management) software. According to a study by ResearchAndMarkets, the market for CAFM software is set to grow by 2027

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The role of IoT sensors in a connected world

The role of IoT sensors in a connected world

In an increasingly connected world, IoT sensors play an important role by bridging the gap between the physical and digital worlds. These sensors are able to collect data from their environment and transmit this information to other devices or systems via the internet. As a result, they enable a variety of applications ranging from monitoring environmental conditions to automating processes. The importance of these

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The 10 most common accounting mistakes and how to avoid them

The 10 most common accounting mistakes and how to avoid them

Accounting is the backbone of any business, regardless of its size or industry. Not only does it allow you to record all financial transactions, it also ensures that you fulfil your tax obligations and base strategic decisions on sound data. According to a survey conducted by the German Association of Tax Consultants, over 40 % of companies state that they have already suffered significant financial disadvantages due to accounting errors. But despite

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What is a SWOT analysis?

What is a SWOT analysis?

SWOT analysis is an effective tool that helps both individuals and organisations assess their strategic position by identifying strengths, weaknesses, opportunities and threats. This article highlights the benefits of conducting a SWOT analysis and provides a systematic process to effectively implement this analysis. It includes real-world case studies that illustrate the application of SWOT analysis, as well as recommendations for maximising the results of your analysis. Regardless of whether you are in a

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The most important tasks of project management

Project management is a crucial part of modern management and plays a central role in the successful realisation of projects in various industries. It involves the planning, execution and control of projects to achieve specific goals within a set timeframe and budget. In a world characterised by constant change and technological progress, the ability to manage projects effectively is becoming increasingly important. Project managers must not only have sound

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