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With expertise in social research, workplace innovation, and realestate strategy, Melissa shares compelling insights on why companies should rethink office design, how cities are transforming, and what truly makes a workspace desirable. The power of flexibility in realestate, office space, and workforce management.
In the quest for a flourishing workforce, Erin McDannald — CEO of Lighting Environments Elevated and luminary in commercial realestate design — casts new light on the art of crafting workspaces on the Allwork.Space Future of Work podcast. Investing in your employees and their environment is investing in sustainable success.
In this blog, we’ll discuss how occupancy metrics are changing how business owners and CEOs makedecisions, why data-driven information is king, how occupancy metrics can be used in decision-making, and what the future holds for space planning in the corporate setting.
Corporate realestatedecision-making and people-centric strategies are becoming more integrated, according to CBRE’s 2023 European Occupier Survey. Access to various amenities including shared meeting space, fitness and wellness facilities and flexible space were also identified as important considerations.
With so many factors to consider, the key to making a trip to the office enticing and commute-worthy lies in improving the employee experience. This shift is changing our daily patterns and is having a transformational impact on people, realestate, and our cities. According to a recent Gartner study , 51% of U.S.
Current trends show that only a third of workplaces have been redesigned in the past three years, revealing significant opportunities for innovation to create enriching and flexible environments that evolve with changing needs and technologies. Recent data reveals significant changes in how office workers are utilizing their spaces.
Anderson further explained that the concept of flexibility has become increasingly important for employees. This could involve more flexible schedules and locations, as well as providing resources and tools that can benefit both teams and individuals. Technology can also have a profound effect on the way we work.
The future of work is about harnessing the changing purpose of the office to provide a workplace experience that supports flexibility, reduces friction for employees, fuels engagement, and ultimately, drives business performance. Hybrid work is here to stay, and the workplace must evolve to match people’s evolving behaviors.
A survey of 900 leaders in HR, realestate, IT, and product roles at US based firms suggests that most employers have not adapted their working culture and practices to support the shift to flexible working. Just five years ago, less than 5 percent of US employees had the option to work remotely on a regular basis.
Since the pandemic, there has been an uptick in available sublease space on the market as organizations scale back or put off makingdecisions about their long-term realestate footprints. Before the pandemic, we had years of workplace design benchmarking to turn to in helping organizations make informed decisions.
The four hybrid workplace models for the future of work Explore 4 hybrid work models that companies are using to create a flexible environment, boosting work-life balance and optimizing office space usage. Overall, these two factors come with more flexibility. Flexibility. This is where OfficeSpace changes the game.
The commercial realestate (CRE) industry is trying to balance complex, and at times opposing, considerations,” said Andrew Hallissey, Executive Managing Director for Occupier Services, Colliers EMEA. “The The report claims that new approaches to the workplace will create new opportunities for the quickest and smartest to adapt.
Hybrid workplaces have become the norm, with a blend of remote and in-office work emerging as a sustainable solution that supports employee flexibility and business continuity. Workplace analytics inform operational decisions that optimize limited realestate to maximize productivity and cost savings.
But why else should decision-makers invest in this software? Data-driven decision-making. Making organizational decisions can feel like a guessing game without a workplace management tool. Optimizing space utilization reduces realestate costs, energy consumption, and operational expenses.
An IWMS, or Integrated Workplace Management System, is a scalable, cloud-based software platform that helps track virtually every aspect of the workplace and a corporate realestate portfolio. An IWMS also allows users to manage their infrastructure and realestate portfolio.
The ability to accurately measure fluctuating occupancy patterns allows facility managers and decision-makers to right-size footprints, optimize office layouts, and introduce flexible spaces to match usage. What is Office Space Utilization?
We’ll also take a look at how AI capabilities are transforming workplace intelligence by enhancing data analysis, automation, and decision-making processes. The concept of BI began with the emergence of early data processing systems designed to support managerial decision-making.
This comprehensive glossary of 15 key terms will equip you with the vocabulary you need to navigate conversations about the modern office, make informed decisions about workplace design and management, and effectively communicate your needs and ideas. This includes remote work, flexible hours, or a combination of both.
But for companies that adopt flexible working and/or a new hybrid work model , space occupancy rates alone are typically not enough to inform better decisionmaking for their corporate realestate. What is the difference between occupancy and utilization in realestate and property management?
Before business leaders can optimize space usage, streamline operations, and make informed decisions about their realestate portfolios, there should be a firm understanding of the difference between a property manager and a facility manager. Key responsibilities include: Rent collection and lease administration.
How can you keep track of visitors to understand all the activities happening within your realestate portfolio ? Given the current realities of a shifting economy and shrinking corporate realestate budgets, companies need to get more out of their space. Employees are demanding more and more flexibility and autonomy.
In contrast, flexible work environments that promote autonomy can attract top talent and mitigate feelings of burnout. By encouraging self-care and offering flexible work options, leaders can create an environment where employees thrive personally and professionally. The best leaders recognize the importance of work-life balance.
It involves a constant pursuit of improvement, leveraging data-driven decision-making, and streamlining production processes. Optimizing your realestate footprint is essential for improving business operations and profit margins. Consider a flexible work setup where employees have the option to work from home.
It wasn’t that long ago when employees would be hard-pressed to find an employer that offered a flexible work schedule. According to the Scoop Flex Report , more than two-thirds of US companies will offer work location flexibility for their corporate employees by the end of this year. We are seeing the complete opposite in 2024.
Data-Driven Decisions: Analytics tools provide insights into space utilization, employee behavior, and operational efficiency, allowing for informed decision-making. RealEstate Portfolio Management: Gain insights into your realestate portfolio, including lease management, occupancy tracking, and financial analysis.
“Facilities and asset managers continue to face significant challenges to identify the right workspace mix for employee needs while keeping their realestate and building systems running efficiently,” said Brandon Holden, CEO of Eptura. “We
AI technology is becoming increasingly dynamic and flexible. Concerns about job displacement and reskilling are very real. Workplace Intelligence by OfficeSpace See space utilization in real-time to evolve your workplace strategy, improve employee experience, & right-size your real-estate investments with Workplace Intelligence.
Agile working is here to stay—which means companies are embracing agile spaces and flexible work culture like never before. As such, while every company may not be able to fully adopt agile working, a variety of agile practices (like flexible seating options, for example) are becoming more and more popular.
Hybrid work models, dynamic schedules, and new technologies have reinvented how businesses use their physical workspaces, and making the most of your realestate requires a new strategy and approach to workplace intelligence in the office. Effective decision-making about your office space starts with data.
Workplace Intelligence by OfficeSpace See space utilization in real-time to evolve your workplace strategy, improve employee experience, & right-size your real-estate investments with Workplace Intelligence. Workplace Design and Planning Space utilization metrics inform decisions about workplace design and planning.
In the workplace, that means measuring and tracking metrics that will empower employers to seamlessly manage and optimize their hybrid work policies and right-size their realestate footprints to support their hybrid work goals and business outcomes. “We Solutions like Workplace Intelligence and Ossie are just the beginning.
Consider the difference in focus, metrics, and decision-making below: Decision-Making : Traditional FM decisions are often driven by short-term needs, while sustainable FM considers the long-term impact on the environment and company culture. Ready to begin your journey toward a more sustainable facility?
Workspace planning is becoming increasingly important and increasingly challenging as work becomes more flexible and hybrid. Now that companies are embracing shared and flexible seating , planners need to adapt their demand planning process. All while still controlling for corporate realestate costs.
The Modern Workplace: A New Paradigm The modern office is characterized by flexibility, collaboration, and a focus on employee well-being and productivity. By redefining space per person, organizations can optimize their realestate footprint, reducing operational costs and maximizing resource utilization. Cost Optimization.
The Future of Workspaces: From Flexible to Intentional The podcast wraps up with a reflection on how workspaces have evolved over the years. They’re trying to get there, but no one has the bucks to, you know, change everything across every or every bit of their realestate portfolio. But I look back over my career.
Organizations can identify trends, patterns, and areas for improvement, thereby enhancing collaboration and decision-making processes. By identifying areas of wastage or inefficiency, organizations can make informed decisions that align with budgetary constraints and financial objectives.
We also identified that nearly half of the 1200 professionals interviewed ranked ‘team, people and culture’ as a priority when choosing a new job — dropping flexible working and competitive salaries to second and third positions respectively. Over 15 percent of which were C-Suite executives. Data is crucial.
The answers to these questions form the foundation of informed decision-making regarding office layout, design, and resource allocation. Rigid Structure Another challenge is the historically rigid structure of office management, which often limits the flexibility required to adapt to changing work styles. Who is using the space?
Insights you can act on See space utilization analytics in real-time and evolve your workplace strategy, improve employee experience, & right-size your real-estate investments with Workplace Intelligence powered by presence data. Try it now Why is it Important to Measure Workplace Efficiency?
Today, employees continue to demand flexibility in their work schedules. Top strategies for hybrid planning How to optimize your realestate portfolios and employee experience in the hybrid workplace. Without trained hybrid leaders, cohesion, and informed decision-making, the workplace will suffer.
Human-centric design is any design process or methodology that puts the human at the forefront of the decision-making process. In contrast, a human-centric office prioritizes flexibility by offering employees diverse workspaces to accommodate different styles and needs. For our purposes, the “human” in this case is the employee.
In his seminal 1937 paper, The Nature of the Firm , Coase suggested that transaction costs attached to doing business are more effectively and efficiently dealt with by a single decision-making structure.
Employees who work in the office have the flexibility to split their time between onsite and remote work. Workers have the flexibility to assess their optimal productivity environments. Even though technology had already set the stage for a flexible work environment, the pandemic truly pushed for a change.
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