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Larry Wash & Matt Pike – June 29th
Understanding Equipment’s Life Cycles and
How Safety Improves Tenant Satisfaction
Copyr...
Agenda
Using Risk Mitigation
Assessments to Improve Safety
Understanding Equipment
Lifecycles
KONE in Brief
Todays Speaker...
Today’s speakers
 Larry Wash
Executive Vice President,
KONE Americas
– Expertise: Senior executive
with extensive experie...
4
KONE in brief
 KONE
– Industry-leading elevators and
escalators company. Our services
cover the entire lifetime of
a bu...
Understanding Equipment Life Cycles
1 July 20155
Aging Buildings in the United States
15-19
~200~250
~2,000
+25
~100
20-2410-14
High number of aging high-rise
buildings
Ov...
How To Best Manage Your
Aging Assets
Managing Your Aging Assets?
8
Why is it important to think about an asset management plan?
Analyze Plan Update
An asset ma...
Expecations of an Asset Management Plan
 A building owner / property
manager should expect an Asset
Management Plan from ...
Focus Areas: Dealing with Aging Equipment
10
How can performance and reliablity in an assest management plan
benefit your ...
Focus Areas: Dealing with Aging Equipment
11
How can safety in an assest management plan help reduce potential
end user ri...
Using Risk Mitigation Assessments to
improve Safety and Reduce Liability
Risk Mitigation Assessments
 What is a Risk Mitigation
Assessment?
 Targets safety items that help reduce
risk and liabi...
Risk Mitigation Assessments – Understanding
Potential Risks
14
Why is it important to think about a Risk Mitigation Assess...
Focused Analysis: Site Specific issues
 Risk Assessment
Recommendation
– Moving displays that
attract children away
from ...
Focused Analysis: Customer Training
 Safety Materials
– Owner safety training
– End-User flyers
– Equipment specific
trai...
Focused Analysis: Safety Upgrades
 Aesthetics Items
– 2 elevator Asset
Management Plan
provided
 Cab upgrades =
$40,000
...
18
Summary
• Aging equipment base
Over 50% of all elevator and escalator
equipment is at or beyond the end of
their useful...
BOMA presentation - June - 2015
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BOMA presentation - June - 2015

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BOMA presentation - June - 2015

  1. 1. Larry Wash & Matt Pike – June 29th Understanding Equipment’s Life Cycles and How Safety Improves Tenant Satisfaction Copyright KONE, Inc. 2015
  2. 2. Agenda Using Risk Mitigation Assessments to Improve Safety Understanding Equipment Lifecycles KONE in Brief Todays Speakers How to Best Manage an Aging Asset Summary
  3. 3. Today’s speakers  Larry Wash Executive Vice President, KONE Americas – Expertise: Senior executive with extensive experience running global organizations and growing multi-billion dollar businesses. – Areas of focus:  Business strategy  Change management and transformation  Operational improvements  Thought leader in energy services / sustainability 3  Matt Pike Manager, KONE Customer Based Risk Management – Expertise: Corporate manager focused on developing risk mitigation practices with extensive field experience. – Areas of focus:  North American customer safety training  Customer risk assessments  Safety auditing systems  Safety implications in People Flow®
  4. 4. 4 KONE in brief  KONE – Industry-leading elevators and escalators company. Our services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions  Quick facts: – KONE Americas includes Canada, Mexico and the U.S. – 65 branches across the geography, around 5,500 employees – Approximately 2,300 of our employees are technicians
  5. 5. Understanding Equipment Life Cycles 1 July 20155
  6. 6. Aging Buildings in the United States 15-19 ~200~250 ~2,000 +25 ~100 20-2410-14 High number of aging high-rise buildings Over 50% Total US installed base Of which at least 20 years old ~1.0M Installed elevators and escalators base is aging Number of buildings with 25 or more floors by age (building age in years) 6 Over half of all elevators and escalators are beyond the end of their useful life span, which creates reliability challenges for property managers.
  7. 7. How To Best Manage Your Aging Assets
  8. 8. Managing Your Aging Assets? 8 Why is it important to think about an asset management plan? Analyze Plan Update An asset management plan is a comprehensive analysis of your equipment designed to prepare for future enhancements in a systematic manner that focus on key areas: Code SafetyAccessibility Eco-Efficiency Reliability AestheticsPerformance Asset management planning is a critical life cycle management tool that can help you prioritize elevator and escalators needs.
  9. 9. Expecations of an Asset Management Plan  A building owner / property manager should expect an Asset Management Plan from their service company  A living document that can change with the needs of the building  Smarter investments with the biggest impacts 9 Asset Management Plans align goals to equipment needs to prevent downtime.
  10. 10. Focus Areas: Dealing with Aging Equipment 10 How can performance and reliablity in an assest management plan benefit your building? Code Safety Accessibility Aesthetics Eco-Efficiency Performance and Reliability • Door equipment • Addresses issue that cause call outs or shutdowns • Improving tenant satisfaction Focus areas provide solutions to chronic problems, that can help increase your uptime and reliability.
  11. 11. Focus Areas: Dealing with Aging Equipment 11 How can safety in an assest management plan help reduce potential end user risk? Code Safety Accessibility Performance and Reliability Aesthetics Eco-Efficiency • Door restrictors • Stops unauthorized access to the elevator hoistway • Immediately improves safety Safety actions provide immediate benefit which brings peace of mind and reduces liability.
  12. 12. Using Risk Mitigation Assessments to improve Safety and Reduce Liability
  13. 13. Risk Mitigation Assessments  What is a Risk Mitigation Assessment?  Targets safety items that help reduce risk and liability  Helps an owner / property manager prioritize equipment needs  Written report that defines items identified during asset management planning to make more impactful decision. 13 A risk mitigation assessment is a roadmap to help prioritize assets based on risk and liability exposures.
  14. 14. Risk Mitigation Assessments – Understanding Potential Risks 14 Why is it important to think about a Risk Mitigation Assessments? Code Safety Upgrades Site specific issues Safety Training Crowd Control Modernization Risk Mitigation Assessments allow owners / property managers to make the best informed decisions. Detailed report to help an owner / property manager understand and create a holistic approach to equipment management.
  15. 15. Focused Analysis: Site Specific issues  Risk Assessment Recommendation – Moving displays that attract children away from equipment – End user education on how to properly use equipment – Identifying outside factors that create liability exposures 15  Risks identified – Attractive nuisances – Equipment misuse – Outside factors that impact equipment Reviewing a site from a risk reduction standpoint helps exposure site specific risks that maybe non-elevator / escalator related. Site specific issues
  16. 16. Focused Analysis: Customer Training  Safety Materials – Owner safety training – End-User flyers – Equipment specific training 16 Safety Training Having a strategy on addressing end-user and employee training helps reduce liability exposures.
  17. 17. Focused Analysis: Safety Upgrades  Aesthetics Items – 2 elevator Asset Management Plan provided  Cab upgrades = $40,000 – Overall benefit is superficial and does not address mechanical updates. 1 July 201517  Safety / Code Items – 2 elevator Asset Management Plan provided  Door restrictors = $15,000  Safety Door edges = $10,000  Reduced cab upgrades = $15,000 – Same investment addresses safety, reliability and aesthetics. Prioritizing an owners / property managers goals with professional elevator and escalator equipment planning addresses multiple needs. Safety Upgrades
  18. 18. 18 Summary • Aging equipment base Over 50% of all elevator and escalator equipment is at or beyond the end of their useful life cycle • Asset Management Planning Having a plan in place helps prepare for the costs associated with safety upgrades, modernization, and other associated costs • Risk Mitigation Assortments Integral part of an owner / property manager strategic plan for the future Proactive management of your assets reduces the likelihood of unforeseen expenditures .

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