1. Pay less for more
Real estate represents the second or third largest expense for companies, so it’s one of the most valuable assets a company can leverage for business enabling. Especially while the cost per square foot is increasing while occupancy is decreasing.
Fixed furniture is expensive, large and permanent. They may require walls, permits, custom wiring, a construction team, and shutting down the office. Agile workspaces use modular units that don’t require any of that unnecessary hassle because they are easily installed, powered (“plug and play”), moved around, and updated to meet employee needs and company culture.
On top of that, the more resources that are saved, the more they can be redeployed into technology and productivity enhancing tools and spaces.
2. Saves space and creates more space potential
Companies are no longer one size fits all, and walls are no longer needed. Next generation workplaces create a positive-sum game where not only is space saved, but more productivity is created from those spaces.
Since modular desks, phone booths and meeting pods are designed for privacy, acoustics/office noise and saving space, walls lose their purpose and get in the way, literally. Open work environments that provide the same privacy as traditional offices significantly increase collaboration and productivity, improve employee morale, strengthen company culture, and ultimately profitability.
3. Improves employee performance and morale
Business ideology is shifting from employer to employee; from 9-5 accountability to a matrix-based ecosystem where results, rather than time, demonstrate productivity and performance.
Work is not a place, it’s an activity. Activity-based work environments are human centered and high performance, allowing employees to work how and where they want based on their task. This empowers employees to deliver because it improves their focus, inspiration and engagement.
4. Keeps up with technological demands
Companies are, or should be, preparing for the technological paradigm shift in business. That means going paperless with cloud management (which saves space by getting rid of paper filing cabinets and pencil pushing storage units), adding mobility tech like wifi and video conferencing, and using modular furniture to evolve with the company’s future.
5. Recruits and retains top talent
The customer does not come first, the employee does. Happy employees equals happy customers. Google’s “best place to work” awards are the epitome of this next generation ideology.
Money is being spent on real estate, but the workplace isn’t engaging employees. Employee productivity is linked to engagement, and the physical environment is a key factor in that engagement.
People + Environment = Culture
Workplace design is the physical manifestation of the company’s brand. It communicates company mission and culture, which strengthens that culture, and creates a more authentic and successful brand.
Millennials, who grew up networking and relying on technology, will account for most of the workforce within the next decade. To take advantage of that future, it’s important to translate their work style into the workplace by designing the physical environment around the job, and balancing personal and work demands.
Why build walls? Build spaces.