Workplace strategy is a systematic approach to developing a planning strategy that aligns your company’s real estate goals, business initiatives and company culture.
A successful strategic planning approach is based on two main principles:
- 1. Create an experience in your workplace that both defines and encourages your culture for today and tomorrow
- 2. Maximize efficiency by maximizing your utilization rate
Work spaces should be a reflection of a company’s culture in order to be truly thriving. Successful company culture creates a sense of community and belonging; fueling employees with the drive to work to their full potential daily. Culture and strategy go hand in hand. Even the strongest planned procedures within an organization will not work out if the two do not align. Therefore, it is important for an organization to assess its culture, compare it to the desired culture, and ultimately establish alignment amongst senior leadership before any space planning begins. Fundamentally, the design of a work space should be inspired by the culture, and the work environment is what brings that culture to life.
The “SF per Person” metric is traditionally used to measure space efficiency. This metric, however, is quickly becoming outdated; the rate of the mobile workforce continues to grow and company organizational structure increasingly becomes flatter in nature. It is important to recognize how much square footage is under-utilized when trying to maximize the number of people in a given number of square feet without considering how that square footage is allocated. On average, research shows that assigned, individual spaces within the work space are occupied approximately 50% of the time, and conference spaces even less. Instead of focusing on how many people can fit into a space, strategy helps companies focus on what types of spaces should be provided to optimize collaboration and productivity. This is the making of a successful planning strategy.
Companies need to understand how their people work and what type of activities and tasks they engage in on a daily basis; for how long and with how many people. These metrics are evaluated in order to provide spaces that get used. By being able to maximize utilization, your space becomes most efficient.
A strong workplace strategy is essential in bringing together your people, culture, business and real estate.