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Every year seems to bring a new global crisis, highlighting the importance of having a truly resilient risk management strategy in place. Here at Switch, we’ve been revising our day-to-day processes to be more resilient in the face of local and global crises. We hear that property owners and managers worldwide are doing the same to help offset the impact of each successive economic, climate and health emergency and the resulting financial impact.
Buildings still operating with ‘set and forget’ automation rigidly accommodate the most common circumstances instead of adjusting dynamically according to occupant demand and their environment. Perhaps this was sensible 30+ years ago, but today this approach is wildly inefficient.
Operational inefficiency is never more apparent than during a worldwide lockdown, as stocks and property value come under pressure and millions face hardship.
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