Today’s Business World and the Need for New Real Estate Strategies

As the corporate world is metamorphosing, approaches to workforce management are transforming too. Speedy technology adoption is changing business models. Congregating industries and limiting product lifecycles are compelling businesses to innovate more forcefully and to change continuously. Many industries have become overly competitive, necessitating businesses to become defter.

 

Corporate real estate is frequently seen as slow-paced and expensive — but clever strategies can bring into line real estate with the requirements of a swift-paced business. Embracing the “network of workspaces” style is a response to the unpredictability of business requirements.

The situation on ground is that traditional practices for leasing space limits business flexibility. In a standard U.S. or European company, merely 50% to 60% of office desks are occupied on any particular workday. The necessity to reduce tenancy costs has hastened the adoption of alternative workplace tactics, such as hoteling, open layouts, telecommuting and hot-desking.

In a setting of high-velocity change, businesses need to equalize agility with the need to deliver inspiring workplaces; and all the technology apparatuses workers need to be productive. It is not much about running fixed buildings or space as it is about crafting, and steadily providing, the services that work-life supports and environments that facilitate work, pull down barriers and distinguishes the corporation.

Bracing the challenge of the future of the workplace encompasses many parts. The smart corporate real estate agencies will craft spaces inspired by their organization’s vision. They will design agility and consistently pioneer innovative environments. Planning for the impending workplace will permit organizations to manage uncertainty while creating opportunity.