Posts Tagged ‘corporate real estate’
American Workers See Workspace Shrinking
According to IFMA, the average American worker’s workspace has shrunk 15 square feet since 1994. In 1994 the average worker had 90 square feet of workspace, now that has been reduced to 75 square feet.
At first glance people may look at this information and see it as a bad thing but in reality it isn’t at all. Companies are reducing corporate real estate to cut real estate costs, that are typically an organization’s second largest expense next to personnel. With the cost savings organizations are able to put that money back into the company and it’s employees.
While cubicles are shrinking, the reduced space isn’t just about cramming workers into smaller areas. In many cases workspaces have been reduced because they aren’t used as much. Advancements in technology have brought on the rise of the mobile workforce. Many more employees find themselves utilizing alternative workspace and even working from home, providing a better work life balance. Not only does this benefit the employee, but allowing employees to telecommute will provide operational cost savings to the organization and reduce their carbon footprint.
Learn more about alternative workspace for your organization.
Energy Management & Sustainability Among Commercial Real Estate Trends In 2011
The CEO of one of our partners, Jones Lang LaSalle, Colin Dyer, will be speaking in Davos, Switzerland. He’ll be discussing 4 commercial real estate trends that are emerging in the global economic recovery in 2011. The press release states that Dyer will touch upon topics like sustainability and energy management.
Commercial Real Estate Trends
The four commercial real estate trends Dyer will be discussing are:
- Property market recovery encourages globalization of capital flows and liquidity improvement in the investment markets.
- Commercial property recaptures its place as a preferred institutional investment category.
- Capital sources demand increased transparency
- Sustainability and energy management climb the corporate agenda.
What looks to be most interesting to me is number 4, concerning sustainability and energy management climbing corporate agendas. At PeopleCube we have been noticing this trend for a while now and can’t stress enough the importance of sustainable real estate and energy management inside an organization.
Energy management is truly an investment and not just an expense. A company who is effectively practicing energy management will see a number of benefits including:
- Reduced costs based on reduced energy consumption
- An improved public image
- A more efficient workplace
Learn more about Sustainable Corporate Real Estate Solutions
Learn more about Energy Management Solutions
Business Intelligence Is Evolving
Business Intelligence is evolving. There was a time where an executive would need to call on members of IT staff to extract data, and even then that data was nothing more than lines of data that didn’t offer much assistance in making tough business decisions.
Newer business intelligence solutions now allow executives and employees access business intelligence data with minimal to no assistance from the IT staff. Not only is it easily accessible it’s much more than just lines of data. You can now view charts and graphs that assist your organization in making tough decisions that should be based on real data.
One area where business intelligence can be extremely is your organizations corporate real estate. It’s important to understand how your workspace, conference rooms, and other corporate resources are being used and how they can be made to be used more efficiently.
Learn more about Real Estate Business Intelligence
Rise in Demand for Commercial Real Estate in The UK Could Allow More Employees to Telecommute
In a recent report on commercial real estate in The U.K. it is noted that with the commercial real estate market coming back, the growth in demand for office space is expected to surpass the new supply that comes into the commercial real estate market in 2011 and 2012.
This will all lead to increased rent and businesses that can’t acquire new space.
Telecommuting Instead of New Office Space
For organizations that aren’t able to acquire new office space allowing employees to telecommute is a solutions that is both cost effective and energy efficient for the organization.
Allowing employees to telecommute can reduce an organization’s corporate real estate and carbon footprint, while bringing benefits to the employee by eliminating their commute and improving their work life balance.
Learn more about telecommuting solutions for your business.
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Companies Using Alternative Workspace Are Thankful For…
Happy Thanksgiving everyone! With Thanksgiving coming tomorrow I thought it would be fun to list what organizations who have implemented alternative workspace programs are thankful for this year.
Companies using alternative workspace are thankful for
- Reduced Corporate Real Estate
- Reduced carbon footprint
- Better work/life balance for employees
- Improved energy efficiency
- Reduced operational costs.
Learn more about alternative workspace management.
HAPPY THANKSGIVING!!!
Employing PeopleCube’s energy management solutions, your organization will be eliminating unnecessary energy consumption, resulting in significant cost reductions and reduced carbon emissions.