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Davis Langdon addresses OEP Conference on adopting 'Total Efficiency'

March, 2010

Global Construction Consultants, Davis Langdon, this week addressed the OEP Property and Asset Management Conference about how the public sector can benefit through adopting a ‘Total Efficiency’ approach.

The conference, which took place on Monday 1 March 2010 at the QEII Conference Centre London, allowed public sector organisations to learn from practical, evidence-based case studies and meet people best suited to help them tackle the challenges of cost savings and operational efficiencies. The current market dictates that new buildings are not the answer. Instead, organisations are focusing on making current assets work harder and smarter and there is significant scope for public sector estates to be utilised more economically and effectively.

Davis Langdon, along with strategic consultants DEGW, attended in order to demonstrate how the cost reductions that the public sector is aiming to achieve can be realised through their unique approach as set out in their Total Efficiency campaign for 2010. Targets from improved efficiency have been set at £20 billion in savings over the next 10 years. In order to meet these stringent goals, the public sector will have to work to find innovative ways to manage performance of existing assets.

Craig Little, Partner at Davis Langdon, who spoke on Operational Efficiency, commented: “The conference has been a great opportunity to meet people within the public sector and illustrate the scope of how we can help them achieve their operational targets. Not only that, our Total Efficiency campaign provides the platform from which we can work closely with clients to help them achieve real cost savings and performance efficiencies over the long-term.

The Operational Efficiency Programme has stated that the public sector estate has estimated annual running costs of more than £25 billion – equivalent to five per cent of total public sector current expenditure. In the public sector, there is a large focus around maximising returns from redundant or under-performing assets. Selecting the right existing buildings/facilities to re-invent is key to ensuring cost effectiveness and value for money.

Total Efficiency is Davis Langdon’s unique response to current economic climate and the challenges opportunities that clients are now facing as a result. It is based around five key goals which can be applied across the sector: Realising value through sustainability; Achieving certainty; Unlocking value from built assets; Adopting the right strategy; and Doing more with less.

Find out more:  http://totalefficiency.davislangdon.com

For the full presentation please click here.