Changing business requirements have made facilities management compliance a challenge for many companies around the world. New research released by JLL tackles this complex topic, identifying the top compliance risks in Facilities Management, including data governance. Facilities management teams must standardize the data related to compliance and ensure that it is accurate, consistent, timely, complete and secured. Lisa Stanley, OSCRE's CEO contributed to the JLL report, noting, "Data standards provide CRE teams with the common language and platform to assess compliance portfolio- and platform-wide. Data standards allow companies to move from a data-exchange mentality-based in facts and figures-to an information- exchange model that facilitates smarter decision-making and yields actionable insights."

Other FM compliance risks identified in the JLL report, include consistency of information collected, vendor and financial management, information security, contractual risks, safety compliance, labor contracts and ethics.

You can access the entire paper at www.jll.com/compliance