Note: this is the second in a series of four blog posts on transformations in the workplace environment. Click here to read article 1 of 4 first.
Transitioning into a new economy.
We live and work in a new economy, one that has transformed everything from global financial markets to everyday social interactions. Businesses are radically impacted by this shift – they are facing the challenge of bringing old-world models into the networked, dynamic and responsive reality today. They must be forward-facing, and they can only achieve that by supporting innovative and talented employees.
Today’s innovators are digitally integrated and work in new ways, but that doesn’t mean staying at home and telecommuting on the “infobahn” (Bill Mitchell, City of Bits)… The most innovative people, today, want to be at the center of it all. They want to work in dynamic, vibrant spaces, they want autonomy over their time, and they want to engage in creative collaboration with peers.
In today’s digital economy, the office building will not die… but it must change. Three specific dangers threaten commercial real estate: overspending on an ill-fit real estate portfolio; chaos and inefficiency in flexible work environments; and impersonal, poorly designed spaces that compromise hiring and retention.
This report presents the cutting edge in spatial innovation for the workplace, outlining trends and challenges of a new economy, the power of spatial data, and key examples of solutions that exist today. Real estate must be thought of as a portfolio of connected spaces, encompassing ‘touchpoints’ in urban areas, it must be intentionally designed, and it must be dynamic and responsive to its mobile occupants. And it can exist today.
- Spatial data and secure, anonymized analytics give portfolio-level insight into real estate use and demand;
- Data can define a lean, collaborative, productive, and enriching workplace design;
- Links between digital and physical space can power tools that are personalized for each employee, to enhance their productivity as they engage with peers and office environments.
Together, these opportunities have the potential to radically transform business by putting existing resources to work, slashing wasted space in a real estate portfolio, and support an innovative, dynamic workforce.