Advancing technology and the increasing availability of data are helping to create new ways to work. As a result, a workplace designed on today’s needs and assumptions could be redundant in little more than a decade.
As real estate evolves, businesses must evaluate more than size and scale to ensure their success. The most prosperous companies will be those who align their real estate strategy with their business strategy, using technology to transform the products and services provided and their structure of operations.
How do you do this? Here are five steps to take today to better position your company for tomorrow.
Put data science in the driving seat
Sensors and smart systems are already appearing in many offices to measure how buildings are used. Soon, these systems can be used to gather data that can instruct the user how to design a physical space for optimum productivity. To use this data most effectively, companies need to define their data strategy and get the right people in place to manage it. The key to this is building a strong partnership with your C-suite and human resources team. Data should be dynamically captured and plugged into an ecosystem that allows companies to respond quickly to insights derived from that information. However, it’s also important to develop robust data policies—and change management processes will need to be put in place to ensure employees understand what data is captured and how it is used.
Embed technology into workplace strategy
Technological advancements can vastly enhance the way people work:
- Computing power and artificial intelligence can allow companies to operate more responsive business models.
- Smartphones can facilitate a smarter approach to workforce management.
- Remote working can be facilitated through faster connections via 5G networks and fiber optic cable.
The list goes on and on, and as it does, you should review technology platforms to identify how smart technologies can enhance your employees’ work experience to ensure you adopt the most valuable practices.
Create an experience led workplace
The experience employees have within their workplaces is becoming an increasingly crucial factor of workplace design. Offices that provide employees with readily available amenities, such as food provisions, gyms, and recreation areas, are those that best compete for top talent. Consider polling your employees to identify what they appreciate most.
By 2030, we won’t work in offices the same way we do now. The growing mobile workforce will demand that offices provide opportunities for teams to work more fluidly. This may mean that your office needs to become more modular and flexible. It may mean that your entire portfolio needs to be adjusted to include only core locations situated in strategic sites that bring together partners, clients, and employees and support talent attraction. Reviewing your portfolio now to identify how it can be adjusted to accommodate these changes will ensure you don’t fall behind the eight ball.
Take health and wellbeing seriously
The employees of today don’t want to work in dark offices with bad air circulation, nor is it good for them. Better design, combined with rise of smart buildings, can help to improve indoor air quality and make the most of natural light. Creating active workplaces can have a big impact on productivity, sustainability, and wellbeing, which is good for both companies and employees.