Workplace Strategy Report
The Workplace Strategy Report, based on a survey of over 150 workplace leaders and extensive data analysis, highlights the challenges companies face in optimizing hybrid work models and corporate real estate while maintaining employee experience, emphasizing the need for data-driven decisions, balancing remote and in-office attendance, and designing purposeful office environments that foster collaboration and culture amid ongoing workplace changes.
Executive Summary
Why Your Workplace Strategy Needs a Change
As companies develop an effective workplace strategy that accommodates both the realities of hybrid working and their unique business objectives, they’re facing key questions:
- How can accurate, data-driven decisions be made for the workplace?
- How can corporate real estate be optimized without sacrificing employee experience?
- What does change management mean when everything is changing?
OfficeSpace surveyed over 150 workplace leaders and analyzed thousands of data points across their client base to see how leadership is making strategic choices to improve workplaces without sacrificing the bottom line.
The current workplace is in flux, challenging strategists to accommodate increasingly dynamic use of space. While there’s no one-size-fits-all answer, some best practices and technologies are emerging to help optimize and continuously improve workspaces for every stakeholder.
Hybrid Work Still Complicates Business Strategies
Strike the Right Balance Between Office and Remote Work
As employees return to the office in larger numbers, companies have discovered that flexible working is easier said than done. Survey analysis and platform data show that despite widespread adoption, getting hybrid work models right isn’t simple—companies are still struggling to find the right balance between on-site and remote work.
Given how much employees value flexibility, leaders are almost evenly split on whether or not to mandate office attendance.
Report key insights:
- How many people are currently working in the office?
- What days of the week are most popular?
- What in-office attendance are companies expecting in 2023?
- And more
Workplace Design Can Foster Connections
Create a Work Environment with Purpose
As companies develop a business strategy for hybrid work, they face the challenge of creating an office better suited for collaboration and culture. What initiatives will help realign the office’s role to make it more conducive to in-person activities? How can office space itself improve hybrid approaches while reflecting and enhancing company culture?
Given the fluctuating nature of office use, decision makers are concerned with how to right-size, refit, and redesign offices to meet employee demands and usage. Changes to foster collaboration, socialization, or private work should be intentional to support new behaviors.
Report key insights:
- How can the size and purpose of the office better meet employee needs?
- How can workplace design help maintain or enhance productivity?
- How can company goals around culture and collaboration be addressed in the hybrid workplace?
- And more
Data-Driven Agility Is Key
Test, Measure, Learn, and Adapt for Workplace Success
Leaders recognize the importance of leveraging utilization metrics to reduce costs and refine the in-office experience. Traditional ways of measuring office utilization (like occupancy rate) are clumsy or irrelevant in a hybrid scenario. Organizations need a fresh approach to the workplace.
Only one in five workplace leaders currently has clear goals or targets in place for office use. The majority are looking for direction on ways to ensure space utilization aligns with employee needs and company goals.
Trial and error will be a constant in 2023, as companies refine and redesign their hybrid work approaches. This agility requires new thinking, new processes, and, for some, new technology.
Report key insights:
- How will leadership know if changes are working as planned?
- How can workplace management and office use be measured and improved?
- What datasets can workplace leaders collect and analyze to measure success?
- And more
2023 Workplace Strategy Report
Discover insights, tactics, and strategies workplace leaders from top brands are leveraging to build a hybrid workplace that works for both employees and employers.
Frequently Asked Questions
What is a workplace strategy?
A workplace strategy is an organization’s plan for aligning their physical spaces and IT/facilities management infrastructure with company culture, preferred ways of working, and overarching business goals. A good workplace strategy uses data from multiple sources to understand current space utilization and anticipate future needs. The goal is typically to lower costs while keeping employees engaged, productive, and happy.
What is the purpose of a workplace strategy?
The purpose is to ensure physical spaces support long-term business goals while fostering collaboration, company culture, and employee engagement. A data-driven workplace strategy can help employees remain efficient and productive, and lead to more cost-effective use of space over time.
How do you develop a workplace strategy?
To develop a new workplace strategy, companies need to understand how employees currently work by collecting and analyzing real-time data. This helps answer complex questions about current space use (e.g., how hybrid schedules impact productivity and collaboration, when and why employees use the office, and what metrics to track).
From there, companies can define workplace goals and begin implementing and tracking changes. With hybrid working, companies need to strike the right balance between in-office and remote work. Leadership should be willing to experiment with different office configurations (hoteling, hot desking, activity-based working), learn from results, and adjust accordingly. Including employees in the process can help ensure buy-in.
What are the benefits of workplace strategy?
Data-driven workplace strategies help create efficient and engaging physical spaces. A customized, carefully planned strategy can enhance company culture and employee satisfaction, boost collaboration, and support talent retention and attraction. Other benefits include real estate cost savings, easier flexible/hybrid work implementation, improved work-life balance, performance, productivity, and sustainability. A good workplace strategy can future-proof the office by guiding real estate investments and workplace transformations that enhance productivity and efficiency without sacrificing the bottom line.
What are the three strategies in the organization of the workplace?
Strategists and workplace consultants focus on three levels of organization:
- 1.Top-level/corporate strategies: Real estate decisions impacting entire (or multiple) facilities.
- 2.Department-level/business strategies: Workplace design decisions impacting floor plans for different departments.
- 3.Employee-level/tactical strategies: Activity-based working and other flexible configurations impacting employees’ day-to-day lives and productivity.
Every level of workplace strategy is best optimized using robust, real-time data collected from workplace technologies.
How do you balance efficiency and effectiveness?
An efficient workplace keeps costs in check, never spending more resources than necessary. An effective workplace ensures employees have the tools, technology, and resources needed to meet business objectives.
To balance efficiency and effectiveness in a hybrid/flexible environment, decision makers and space planners need to determine their priorities and benchmarks. They should collect and analyze real-time data to see if they’re striking the desired balance. This will likely be an experimental process, as companies test and iterate to find what works best for their unique needs and objectives over time.
Related
Data-Powered Change Mgmt: Success with OfficeSpace
Melissa Marsh, founder of PLASTARC and expert in workplace strategy and change management, emphasizes the importance of designing occupant-centric work environments by integrating data on how buildings function and how people use them, drawing on her unique background combining political science, architecture, and people science to innovate in workplace design and real estate strategy.
Real Estate Management Solution for Corporate Offices
OfficeSpace offers a comprehensive real estate management platform for corporate offices that enables detailed portfolio planning, lease tracking, predictive analytics, and real-time workspace optimization through smart presence data and booking insights, helping over 2,000 global teams reduce waste, control costs, and design efficient, modern hybrid work environments with rapid implementation in 35 days or less.
Workplace Intelligence Software
AI Canvas-powered Workplace Intelligence Software in OfficeSpace automates workplace planning and management by providing real-time insights into employee presence, hybrid work patterns, and space utilization across multiple office locations, enabling organizations to optimize real estate, enforce return-to-office policies, forecast seating needs, and foster collaboration through customizable dashboards.
Scenario Planning for Office Layouts | OfficeSpace
OfficeSpace's scenario planning software, powered by AI Canvas, enables teams to efficiently generate, compare, and optimize office layouts by assessing space needs, creating "what-if" scenarios, collaborating with stakeholders, visualizing occupancy and allocation by line of business, tracking changes, and forecasting future scenarios to streamline moves and floor plan management.
Facility Management Software
OfficeSpace Software is a comprehensive facility management solution that provides enterprise companies with real-time data integration, smart analytics, automated reporting, and flexible desk and room booking features to optimize space utilization, enhance employee comfort, and streamline complex facility operations within 35 days of implementation.
Workplace Data: Reports & Analytics Insights
The Workplace Data: Reports & Analytics Insights platform, powered by AI Canvas, offers real-time, easy-to-use dashboards and visualizations that provide executive-ready analytics on workplace utilization, occupancy, meeting room performance, and cost management, enabling strategic space optimization, cost reduction, and integrated facility and real estate management with unified data and forecasting capabilities.