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Change management in the IT industry: Why it often fails and how it can succeed better

Change management in the IT sector is a challenge that poses serious hurdles for many companies. Initiatives often fail due to inadequate planning or a lack of communication between stakeholders. According to a survey by Prosci, 70% of change initiatives in organisations do not achieve the desired results, highlighting the importance of well-structured IT project management. This includes aspects such as IT project management, IT project planning and IT project control, all of which are crucial to the success of transformation projects. But why [...]

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7 tips for the successful implementation of computer-aided facility management systems

Implementing a computer-aided facility management (CAFM) system can be one of the biggest challenges for FM professionals. Given the complexity of modern buildings and the amount of data that needs to be managed, effective maintenance management is essential. A CAFM system not only provides a centralised platform for monitoring and managing operating costs, but also improves efficiency across the entire building management process. But how can such a system be successfully implemented? To provide you with a structured

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How to protect your limited liability company through effective risk management

In corporate management, effective risk management is crucial for any limited liability company. Whilst many directors may be aware of the challenges posed by market developments or competitive pressures, the risk is often not recognised in its entirety. Inadequate risk management can not only lead to financial losses, but also jeopardise the reputation and future of a GmbH. It is time for managing directors of a GmbH to learn to identify risks proactively

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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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Project goals: Effective strategies for successful results

Project objectives are the basic building blocks of any project and serve as a guideline for all those involved. They define what is to be achieved and provide a clear direction for the planning and implementation of project activities. In today's dynamic business world, where requirements and conditions can change quickly, it is essential that project objectives are precisely formulated and well thought out. Not only do they help to keep the focus on the desired results, they also

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IFRS 16: New rules for leases

IFRS 16, which came into force in January 2019, represents a significant change in the accounting of leases. The standard was developed by the International Accounting Standards Board (IASB) to increase the transparency and comparability of financial reporting. Prior to the introduction of IFRS 16, companies had to distinguish between operating leases and finance leases, which often led to an incomplete presentation of financial obligations. With the new regulation, a

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Lease accounting: new rules and effects

Lease accounting is a key aspect of accounting that is of great importance to companies. It refers to the way in which leases are recognised and reported in a company's financial statements. Leasing is a widely used form of financing that allows companies to utilise assets without acquiring them directly. This can be particularly beneficial for companies that want to preserve their liquidity while gaining access to modern technologies.

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LEED vs BREEAM: The most important differences

LEED (Leadership in Energy and Environmental Design) and BREEAM (Building Research Establishment Environmental Assessment Method) are two of the best-known certification systems for sustainable construction worldwide. LEED was developed in the USA and has become a leading standard for environmentally friendly buildings since its introduction in 1998. It offers a comprehensive assessment of buildings in terms of energy efficiency, water management, material selection and interior quality. BREEAM, on the other hand, has its origins in the United Kingdom

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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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Risk management in property development

Risk management plays a central role in property development, as it forms the basis for well-founded decisions and strategic planning. In a sector characterised by uncertainty and unpredictable market developments, a systematic approach to identifying, assessing and managing risks is essential. Property developers face a variety of challenges, including economic fluctuations, regulatory changes and technological innovations. Effective risk management enables developers to recognise potential threats at an early stage

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How do I introduce CAFM software in my company?

The introduction of CAFM software in your company can mean a decisive improvement for your facility management. Appropriate planning, choosing the right software and involving the relevant stakeholders are essential for successful implementation. In this article, we will look at the key steps you should consider when implementing a CAFM solution. Step 1: Define requirements Before the go-ahead is given for the introduction of suitable CAFM software, it is essential to define the company-specific

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Efficient building management with software

Efficient building management is a key aspect for the optimal operation of buildings and facilities. It involves the systematic management and maintenance of properties, the effective utilisation of resources and ensuring a comfortable and safe environment for users. Well-structured building management has been proven to lead to cost savings while increasing the productivity and well-being of building users. The introduction of modern building management software enables the automation of processes, the centralisation of data

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Efficient BIM projects in public administration

Building Information Modelling (BIM) has become increasingly important in public administration in recent years. BIM is a digital method for the integrated planning, execution and management of buildings. In public administration, the efficient utilisation of resources and the on-time and on-budget execution of projects are of particular importance. BIM enables the integration of all relevant information of a construction project in a digital model, which facilitates collaboration between the parties involved.

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Sustainability risks: Challenges for companies [with 3 examples]

Sustainability risks are factors that can jeopardise the long-term stability and success of a company. These risks include environmental, social and governance-related aspects. The most important areas include climate change, resource scarcity, human rights and corporate governance. It is essential for companies to identify these risks and incorporate them into their strategic planning in order to secure their future viability. Climate change represents a significant sustainability risk. Its effects on companies are manifold. Extreme weather events such as flooding or

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BIM strategy for public administration: a guide

The introduction of Building Information Modelling (BIM) in public administration is a decisive step forward for more efficient and sustainable planning of construction and infrastructure projects. BIM is a digital method for the comprehensive recording, management and exchange of all project-relevant information. This includes geometric data as well as information on materials, costs and schedules. Due to its central role in the planning and implementation of infrastructure projects, it is essential for public administration to realise the potential of BIM.

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Sustainability report: transparency and responsibility

Sustainability reporting is a central element of modern corporate management. It enables companies to systematically record and communicate their performance and strategies in the areas of environmental, social and governance (ESG). This form of reporting has become considerably more important in recent years, as companies are increasingly recognising and accepting their responsibility in environmental and social matters. Sustainability reporting covers a wide range of topics, including climate protection, resource efficiency, working conditions and diversity,

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Challenges with the introduction of BIM in administration

The implementation of Building Information Modelling (BIM) in public administration is a complex challenge that requires in-depth knowledge of the technology and its possible applications. BIM is a digital representation of the physical and functional characteristics of a building. This method enables comprehensive planning, control and management of construction projects throughout their entire life cycle. In the context of public administration, this includes the planning, construction, operation and maintenance phases.

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Sustainable corporate goals: ESG in focus

ESG stands for Environmental, Social and Governance and refers to the three key areas of sustainability in companies. These factors play a decisive role in the development and realisation of sustainable corporate goals. Companies that take ESG criteria into account integrate environmental and social aspects into their business strategy and focus on responsible corporate governance. This enables them to create long-term value, minimise risks and improve relationships with stakeholders. ESG criteria serve as an orientation framework for

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