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Saying goodbye to the

traditional workplace

The gig is up. Since we are working

differently now, corporate workplaces

must be prepared to support these

changes.

To this end, firms are increasingly

redesigning their offices to provide

fewer private offices and cubicles,

and more open and collaborative

space to address the fact that

30-50% of their workforce are not

actual employees. The goals are

twofold: first, to provide workplaces

that facilitate discussion and

collaboration. Second, to decrease

the firm’s overall rent bill by providing

less physical space per worker.

Contracting and collaborative

workplaces are key factors in why

office vacancies remain elevated

even with our economy at full

employment, and why so little new

office space is being built. Continued

economic and job growth won’t

change that. We just don’t need as

much office space.

More and more gig workers are

utilizing co-working or collaborative

spaces such as Regus, the industry

leader in shared work space, which

has 3,000 locations in 900 cities

across the globe or WeWork, which

claims 50,000 members who work in

its spaces.

Together, they and other providers

of co-working space, have leased

several million square feet of space in

the past few years and that trend is

sure to continue with the growth of

this economy.

The gig economy also impacts

traditional corporate culture and

employee engagement. With so

many contractors in the mix, it’s more

important than ever to demonstrate a

commitment to all workers – whether

full time or temporary. When all

workers are engaged, they are more

likely to be committed to company

goals. Plus, you never know where a

contractor may end up. They could

return as a full time employee or even

work for one of your clients one day.

How CRE executives can

plan for the future

Now more than ever, CRE needs to

secure a seat at the table with other

business unit leaders when discussing

the company’s strategy and forward-

looking plans. There needs to be a

good understanding of not only who

will be using the space, but how and

when they will be using it. Different

groups should be considered and

consulted with when planning. For

instance, according to Deloitte, 70%

of millennials might reject traditional

employment/business and choose

to work independently in the future.

Given this reality, this group’s work

styles should definitely be addressed.

In addition, artificial intelligence and

robotics will be more prevalent in

the near future and their presence

should be factored into the planning

as well. Armed with this type of

information, companies can design

and continually redesign a workplace

that works for their organisation

going forward.

At the end of the day, businesses

that will be successful in the future

will be those who break down

the barriers between people,

workplaces and technologies and

empower their employees to be

productive and creative

no matter

where

they are.

65%

of today's school

students will be

doing jobs that

don't exist yet

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