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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 role of technology , data tracking, and AI in workplace design and the risks involved.
The landscape of corporate realestate investing has changed drastically in recent years. After emerging on the other side of a global pandemic, companies everywhere have been forced to reevaluate what is considered a sound realestate investment. We’ll then magnify the lens to corporate realestate specifically.
Commercial realestate occupiers are willing to put their money where the tech is, according to new polling from JLL’s 2023 Global RealEstateTechnology Survey. In fact, realestate tech budgets are set to grow faster than investments in?
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.
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. Space is a tool, just like technology is a tool,” McLaurin said on the podcast.
The modern office is a dynamic and ever-evolving landscape where technology plays an increasingly vital role in shaping its success. From fostering seamless communication and collaboration to optimizing the use of physical space, the right technology tools are essential for empowering your workforce and driving productivity.
As new tools, technologies, and capabilities are developed, AI is steadily transforming the way humans work. They explore strategies around the efficient and ethical use of AI, how new technologies have helped businesses adapt to changing workplace dynamics, and introduce OfficeSpace’s vision for the future and its newest AI tool, Ossie.
Understand how work has changed because of technology Understanding how work has changed because of technology and how it is trending involves looking at the impacts of technology on the workplace and the employees who occupy it. Technology can also have a profound effect on the way we work.
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.
This can be anything from installing new computers, adding more furniture, hiring new people, implementing new tracking technology, etc. This could mean implementing new technology, booking systems, tactile signage, focus hours, etc. Ultimately, data should drive every decision you make as a business owner.
Good and impactful urban design can draw people off the street, pique the interest of passersby and create a new human energy that adds value to the realestate and the community. The extra activity creates a level of human energy factor that adds value to realestate when an area always has something going on.
Advanced meeting room booking solutions track detailed utilization metrics for better forecasting, planning, and decision-making, and robust integrations, automation, and custom reporting empower organizations to optimize resources. Do your employees prefer scheduling software that makes the booking and room access experience simpler?
Beyond the obvious cost savings from downsizing corporate realestate portfolios, deliberate and data-driven utilization planning also enhances employee experience and productivity. Office space utilization refers to how well your available workplace realestate is leveraged to support employee productivity and organizational goals.
Workplace analytics inform operational decisions that optimize limited realestate to maximize productivity and cost savings. Leadership can then tailor spaces, technology, policies, and budgets to how people actually work. See it now What is Workplace Analytics?
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 report claims that new approaches to the workplace will create new opportunities for the quickest and smartest to adapt.
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. Like we’ll cover further below, these platforms are quickly becoming some of the most crucial hybrid workplace technology going.
Consider using data to customize the workplace experience to your employees’ preferences, develop more effective collaboration spaces, or implement new technology to better accommodate hybrid work models. RealEstate Management: Use data to identify your use of space to optimize office layouts and reduce costs on underutilized square footage.
Progress on the decarbonisation of realestate portfolios is being held back by a lack of understanding and collaboration between property owners and occupiers, according to a new report from the Urban Land Institute C Change programme.
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.
Corporate trends and technological standards seem to evolve weekly, if not daily, making it difficult for decision-makers to maintain operational efficiency in the workplace. It involves a constant pursuit of improvement, leveraging data-driven decision-making, and streamlining production processes.
JLL has announced the launch of JLL GPT, which it claims is the first large language model purpose-built for the commercial realestate sector. “Using JLL GPT in our secure computing environment, our global realestate experts will be able to deliver faster, smarter insights to our clients,” said Yao Morin , JLL CTO.
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. Post-pandemic, many of us are no longer tethered to our desks by technology or work process. Wi-Fi is table stakes.
The modern workplace is a dynamic and ever-evolving landscape, constantly shaped by emerging technologies, shifting work styles, and changing expectations. From flexible work arrangements to cutting-edge technologies, these terms reflect the diverse range of factors that contribute to a productive, engaging, and efficient workplace.
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. Especially when office attendance varies from day to day?
It can also help you choose the right hybrid and collaborative work strategies and tools for your business, such as hot desking software, desk and room booking systems, interactive maps, remote technologies, and more. Technology Integration. Using RFID or smart card technology can monitor when employees enter or exit specific areas.
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. FMs are also in charge of managing office equipment, furniture, and technology.
The future of work requires a dynamic and fluid environment shaped by the rise of hybrid and remote work models, advances in technology, and a heightened focus on employee well-being and coworking productivity. Technology and Collaboration. Technology Integration. Cost Optimization.
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.
The answers to these questions form the foundation of informed decision-making regarding office layout, design, and resource allocation. Workplace Experience Workplace experience is your employees’ general feeling toward your organization, the office space, company culture, available technology, and collaboration efforts.
Start by listening to employees and identifying the resources to help make their jobs easier and personal lives more fulfilling. This might include offering comprehensive healthcare, flexible work-from-home policies, access to cutting-edge technology, or mental health days.
These days, coordinating effective meetings requires planning, the right technology, and data-driven insights to ensure you are making the most of your team and your workspaces. Insights derived from this data can inform decisions related to equipment upgrades, maintenance schedules, and technology investments.
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?
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. Leverage workplace management technology. Communicate and educate.
Old benchmarks and assumptions about strategic space management aren’t as useful, while many traditional metrics—like vacancy and occupancy rates , density, and square foot per seat—simply can’t capture the real life, real time use of office space. But without modern data methods and technologies to do so.
Focus hours are offered, which enable employees to be heads down on projects without having to worry about being pulled into meetings Google has also adopted employee monitoring technology like badge-swiping in order to keep track of employee attendance , a growing trend in hybrid workplaces. Ready to join the hybrid movement?
One of the big takeaways is that, despite all the technological advancements and new trends, people remain at the heart of workplace success. But as Janet emphasizes, it’s not just about technology; it’s about creating a workspace that fosters engagement and supports the daily needs of employees. And so what can we do?
In our digitally interconnected world, the integration of diverse data sources has become a cornerstone of technological advancement. By using badges and ID cards and the technology embedded in them, employee badge systems establish secure and efficient access control within office spaces. ID badge technology is a great solution.
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
Human-centric design is any design process or methodology that puts the human at the forefront of the decision-making process. Technology also plays a pivotal role; human-centric offices integrate tools to enhance communication, collaboration, seamless workflows, and intelligent booking systems for remote and in-person workers.
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. Provide employees with all the technological tools and apps they need to succeed.
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 will often have overlapping hybrid schedules , in an effort to ensure both collaboration and realestate needs are met. It brings extreme flexibility and adaptability to all aspects of workflows and decisionmaking. Beyond this, agile spaces work best when they provide the following: The right technology.
Even though technology had already set the stage for a flexible work environment, the pandemic truly pushed for a change. It does have its share of benefits that help you improve employee productivity, assist in realestate cost savings, increase workplace satisfaction, etc. To master anything, you require practice.
The firm also work across complementary sectors including hospitality, education, catering, HR, health & wellness, technology, manufacturing, environmental, and EPSS.
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