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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 unexpected role of e-bikes, urban planning, and commuting in the future of work.
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.
The current approach to managing an organization’s workplace is often at great odds with the notion of flexibility and rapid change. A different approach to the execution and delivery of effective workspace is needed for organizations to truly become agile and flexible.
Spectorgroup, a global architecture, interior design, and master planning firm uses visioning workshops and ecosystem mapping to determine how — and how often — employees work in the office. While a function-first approach might work for some, other companies adopt a more culture-first mindset when it comes to workplace planning.
According to Butterworth, there is a burning need to figure out what the right amount of space for a flexible, CDC-approved shared office will be. Many understand the hybrid office is positioned to become the backbone of the office of the future, as flexible work from home jobs become the norm. Step 3: Forecast future requirements.
Approximately 94% of employers said productivity was the same as, or higher, than it was before the pandemic, and 82% said they would implement flexible working policies post-pandemic. According to experts, however, the current RTO wave is at least partly due to an economy-wide power struggle, not to mention realestate costs.
This empowers teams to plan their in-office time to prioritize activities that offer the biggest benefits for in-person engagement. Since March of 2020, SmithGroup has remained flexible and agile—cautious to avoid firm deadlines for returning to the office and empathetic to employees’ needs on various levels. New All-Staff Meetings.
The project, designed by Mimaristudio in line with the company’s RealEstate & Facility Management leadership and the company’s global design criterias, marks another implementation of the hybrid working model in the new office located in the LEED Gold-certified Nidakule Batı building in Istanbul.
The current approach to managing an organization’s workplace is often at great odds with the notion of flexibility and rapid change. A different approach to the execution and delivery of effective workspace is needed for organizations to truly become agile and flexible.
What Gen Z desires from an employer: Flexibility. In the era of hybrid and remote work modalities Gen Z desires flexibility when it comes to work. The pandemic revealed the potential for people to have greater flexibility in terms of alternative work models and styles. How to incorporate flexibility into office design.
Around half of the world’s larger multinationals are planning to cut back on their office estate in response to the rise of flexible and hybrid working, according to a new report from Knight Frank. However smaller firms are set to increase their demand for office space according to the realestate advisor.
Hybrid and remote work have proven that physical office space isn’t the only place work can get done, and 63% of high-growth companies plan to continue with a hybrid work strategy. Understand The Organization’s DNA At the end of the day, there’s one thing employees want leaders to do when planning their new and improved workplace: ask them.
However, regardless of these qualifying factors, some businesses have proven that a commitment to resilience and flexibility will allow any organization to adapt and thrive in this new working model. Fairbank continued, “Flexibility is a hallmark of Capital One, and we know that flexibility can help unleash the potential of our associates.
Open floor plans allow noise to carry, creating distractions that harm productivity. Rightsize by Role Rather Than One-Size Fits All Many companies instinctually view hybrid work as an opportunity to dramatically shrink office realestate. Enable the variety inherent in hybridity through workplace variety and flexibility.
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.
Companies like Cisco implement intelligent desks and IoT-enabled office solutions to improve employee wellness, satisfaction, and space flexibility. Smart furniture uses PoE connectivity to gather real-time data, driving automation, energy efficiency, and informed workplace strategies.
Workspace planning is becoming increasingly important and increasingly challenging as work becomes more flexible and hybrid. In this article, we explore tangible ways you can improve your workspace planning process to overcome the biggest challenges of hybrid working. Watch it here. 2023 is really about a growth mindset. ”
This focuses on careful strategic design and planning beyond traditional approaches. This is accomplished through careful strategic design and planning beyond traditional approaches. Companies demanded their employees to stay flexible in the physical space, in order to adapt to company workplace changes.
The office of the future is one that provides that flexibility, offers more choices onsite, and focuses on meeting employee needs in a way that leads to a happier and healthier workforce. Knowing how many seats and what square footage will be needed are the questions many realestate professionals have been trying to wrap their arms around.
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. Thoughtful, targeted event planning can draw people in to spend time in places that would otherwise struggle to be occupied.
Recently commissioned European research combined the results of an in-depth survey of 3,000 office workers, 2,750 employers in leadership roles at organisations with 50+ employees, and interviews with global senior leaders in RealEstate, HR and Operations. Prior to the pandemic, the traditional workplace was accepted as it was.
Never before in modern history has the business community, and more specifically commercial realestate, experienced such profound and dramatic change. What are the long-term, post pandemic implications on realestate decisions made today? or “What if everyone shows up on the same day?”. Create an Experience.
An open-plan office signified modernity and was perceived to be beneficial for fostering collaboration between employees. Flexible office designs are already proving to be extremely popular in 2023 as companies become more mindful of their employees’ varying requirements across the day.
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.
To achieve that, companies are thinking strategically about the workplace experience and their hybrid policies, adding a layer of complexity to how we plan and manage modern workspaces. Recent research from JLL highlighted three initiatives driving changes to the workplace: Optimizing space utilization with data to inform space planning.
Fast forward a year-and-a-half, and although the typical “work week” may have extended, the health and wellness trends that were underway in commercial realestate prior to the pandemic have now been amplified. Revised Priorities & Building Strategies. There are several key factors to focus on: 1. Location & Access.
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.
As an added layer of flexibility, coworking spaces typically feature different office environments like individual office spaces, meeting rooms, cafes and more. This significant surge signifies the growing desire for flexibility, autonomy and collaboration in modern work environments.
Optimizing space utilization reduces realestate costs, energy consumption, and operational expenses. Having detailed, real-time data you can trust removes the stress of making major financial decisions. It might be time to revisit your realestate portfolio. Cost savings. Improved productivity.
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. FMs and other workplace planners can use it to track assets, store floor plans, manage moves, and keep everything running smoothly overall.
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?
And the realestate savings that could accompany fully remote or hybrid working profiles will be very appealing to those who have taken a financial hit as a result of the pandemic. Over 38 years in business we’ve seen Open Plan totally take over more and more markets – and it’s become more and more dense. Collaborative space.
Over half of UK landlords are planning to independently develop an offering for the growing flexible working market across their portfolios, according to the annual report on the flexible workspace sector by The Instant Group. Forecasted demand for flexible space highlights an imbalance in markets across the UK.
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. This fosters a more flexible work environment where employees can choose a desk that suits their needs for the day or specific tasks.
Occupancy vs utilization: both essential metrics for space planning, especially in a hybrid office. Panel Discussion Top strategies for hybrid office space planning with CBRE’s Susan Wasmund Watch now What is space occupancy vs utilization? So what’s the difference between these two essential metrics: occupancy vs utilization?
Since the pandemic, there has been an uptick in available sublease space on the market as organizations scale back or put off making decisions about their long-term realestate footprints. In some industries, hybrid work has created opportunities for employee flexibility, leading to increased productivity and greater work/life balance.
Office realestate is changing, and the language is changing with it. 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. Hot desking. Desk booking.
was planning to construct a new New York City headquarters in Manhattan. To back up this realestate investment strategy, the bank is constructing a massive 60-story tower on Midtown Manhattan’s Park Avenue. In 2019, JPMorgan Chase & Co. Then the pandemic hit. Even Zoom’s employees are returning to work in a hybrid capacity.
In this blog, we’ll discuss how occupancy metrics are changing how business owners and CEOs make decisions, 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. Right-Sizing Your RealEstate : Do you have too much space or not enough?
According to our 2023 Workplace Strategy Report, 40% of workplace leaders are planning on reducing office space within the next two years. With the transition to hybrid work, companies are realizing they have the opportunity to reduce realestate costs and optimize existing spaces.
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.
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?
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. Space planning and utilization. Problem-solving. Health and safety compliance.
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