Chelsea Drinkard No Comments

How Work Has Transformed From A Place To An Action: The Purpose of Office Space

PreCovid you would hear “I’m going to work” it was always a place to go.

Post Covid + technology you can work from anywhere, you now hear more “I need to work” or “I am working”.

Here’s the question I believe every company has to consider:

💡If work can (for the most part) be done anywhere, what’s the purpose of your office space for your people and company ?

—-> Funnel your office space discussions through this answer.

—> This will help you determine:

• Location
• Price point
• How much space you need
• The type of layout

All are used to fulfill the purpose.

The “we‘ve always done it this way”, doesn’t cut it any more. You have to dig deeper into the WHY behind having an office.

My counter parts would not want me to say this: Is having a full time office space obsolete for some companies? (keyword “some”) Definitely.

Does that apply to everyone, not at all.

We are in a unique situation being presented with the opportunity to redefine and revitalize purpose of office space and how to effectively use it as a tool for your company. Most importantly when attracting and keeping the right talent for your company.

What have you found in your company culture is the purpose of your office space?

Chelsea Drinkard No Comments

How To Reduce the Cost of Office Space While Reviving the Employee Experience

The title of this article might sound unachievable but you can reduce your office space overhead while enhancing your employees’ experience. Evaluating current office space requirements and forecasting for the future can be difficult when we are faced with evolving workplace priorities and norms.

Strategy and intentionality are both needed to use office space as a tool. Below are three questions to get this conversation started:

  • “What is the purpose of our office space?”
  • “Why do we want our employees to come into the office?”
  • Most importantly, “What is the value for our employees to be at the office?”

Research shows there are three main factors that can reduce the cost of office while, simultaneously reviving the employee experience.

Flight To Quality

Flight to quality is Tenant trend we have been seeing in commercial real estate since 2021. Business opting to lease office space in Class A buildings with enhanced Tenant amenities and located in desirable submarkets surrounded with mixed live, work and play options. Is there a Publix near bar or gym options in the area? Having your office located within an area with your employees are already going reduces the mental barrier commute.

Optimize

Taking a look around your office space to determine if the current lay out is adding value and facilitating the characteristics required for employees to thrive. What can result from this exercise is realizing the company needs smaller office space for rent in Tampa.

  • Are there excess or oversized offices?
  • Too many work stations? Are work stations not optimally laid out for the organization effectiveness and work flow between departments?
  • Are small conference and break out rooms needed for team meetings?
  • Would retrofitting the layout be ideal to provide lounge areas and multipurpose areas for employees?

Experience

While employees are at the office, is their presence at the office intentional and purposeful? Employees being required to go into the office without a strategic and mindful reason do not communicate the value in person presence for those who are giving pushback on commuting to the office. Creating a schedule and effective communication to ensure the employees in the same teams are at the office on the same day is beneficial for face-to-face meetings and creative problem solving.

Having a Tenant Representative can when looking for office space for rent in Tampa or evaluating your current office space, are a great resource in sifting through these questions and decision making. Give Office Space Brokers a call for a free consultation: 813-289-3700.

Chelsea Drinkard No Comments

Company Culture is Not Built Virtually

Company culture is not built virtually

I believe there will be long-term impacts on company culture, especially for the younger generation moving into the workforce. The newer generations are now becoming the majority in the workplace. Even if it has been some time, can you still recall running into coworkers in the corridor and catching up with them about weekend plans or a significant project you were working on? Do you have any memories of being in the right location at the right moment, providing a person with the knowledge they were lacking, or inviting a colleague to a lunch meeting or event they could benefit from? Like many others, you might not have appreciated the significance of these discussions until you started working from home. Over 50 studies have been conducted this year by Microsoft teams to investigate how the nature of work has evolved since early 2020. This endeavor includes a study of billions of productivity signals such as emails, meetings, chats, and postings across Microsoft and LinkedIn’s user bases. Additionally, a poll of over 30,000 persons who were located in 31 different nations is included. Basically,  this study found that employees feel more connected to their colleagues in the office and completely disconnected when working virtually. 

 

  • Difficulty in Building Genuine Relationships with Colleagues

Collaboration, creative problem-solving, mentorship, and team morale is more challenging when each requires a Microsoft Teams or Zoom invite to do so. According to a study done by Stanford 67% of workers are distracted during virtual meetings. · 47% of people prefer in-person meetings.

 

  • Frequent Interruptions and Unsupervised Performance 

Self-regulation and focus can be difficult for most without having the accountability of your team around you like in an office. 55% of workers admit to checking their email during virtual meetings according to a study done by Standford. 

 

  • Lack of Motivation When There’s No Comradery

When you are surrounded by people who share the same vision and purpose it is the comradery that keeps each of us motivated and feeling supported when you are having an off day or dealing with a difficult project/situation.

Chelsea Drinkard No Comments

Your Workplace is a Reflection of the Company Culture

 

 

According to Business news daily when searching for a new job, 77% of respondents said they would consider a company’s culture before applying. Corporate culture is a serious issue. According to Deloitte research, many business executives surveyed saw staff retention and corporate culture as an “urgent” issue. Given that business culture has a direct bearing on employee retention, particularly among the millennial age and younger, it stands to reason that it also has a direct bearing on the number of employees who stay with a firm.

Your workplace is a reflection of the company culture. Whether actively developed or just developed through time, every business and workplace has a culture. Cultures can be positive, feel positive, and act positively. Or they might be awful, feel bad, or behave badly. And there is a middle ground between the two. A great corporate culture is one that is shared by all employees, from the newest intern to the CEO. Culture involves putting your underlying principles into action. The business’s responsibility is to guarantee that each employee is aware of the requirements and aligns properly. A company’s culture should be one that naturally fosters inquiry, respect, cooperation, and employee wellness. In most circumstances, deciding whether something is “excellent” or “poor” is a matter of personal preference. If you want a relaxed atmosphere, a fast-paced, competitive culture will not suit you. Conversely, there is no doubt that each culture is unique, even if it makes sense for that particular industry. One of the main characteristics one company differs from another in the same sector is through culture.

The quality of an employee’s work life will be greatly influenced by the setting in which they spend that time. People are more willing to put in long hours and stick with a company for the long term if they work for one with a strong culture that matches their personal values and mission. People are considerably more inclined to quit, or even worse, underachieve while still working for the organization if the culture does not match their own personal feelings.



Chelsea Drinkard No Comments

Relationships Are Built In Person

I believe there will be long-term impacts on company culture both now and long term. The newer generations are now becoming the majority in the workplace. Ultimately people will lose out on promotion opportunities, and networking opportunities and businesses will see a loss of productivity returning back to the office.

Three Main Areas:

 

  1. Lack of Motivation When There’s No Camaraderie

When you are surrounded by people who share the same vision and purpose it is the camaraderie that keeps each of us motivated and feeling supported when you are having an off day or dealing with a difficult project/situation. When one is placed in the wrong situation at the wrong moment, it may be simple to lose motivation rapidly. It increases the likelihood of not obtaining the anticipated business goals. External inspiration may come from many different places. Working in an office with coworkers who share a vision or purpose, or getting advice from a senior employee, are two excellent examples. The atmosphere is different when working from home.  An employee’s life might become tough due to a lack of motivation, which can also have a negative impact on production. Although self-motivation might be effective in some situations, it is not always sufficient to keep going. According to Forbes “ job satisfaction and job motivation have also fallen—job satisfaction from 57 percent to 32 percent and job motivation from 56 percent to 36 percent.”

 

  1. Frequent Interruptions and Unsupervised Performance

Self-regulation and focus can be difficult for most without having the accountability of your team around you like in an office.  Having children, a roommate, or a partner at home could lead to more breaks than usual. Employees are expected to monitor their own performance at work as part of their duty. Self-control, focus, and diligence are skills not everyone has to self-manage and effectively time manage. If the breaks and work are not tracked, employees could become distracted which lead to longer breaks and less work time. Studies from The New York Times show “that the average worker is interrupted somewhere between 4 to 12 times every hour. That’s one interruption every 15 minutes, in the best-case scenario.”

 

  1. Lack of Relationship with Colleagues

Collaboration, creative problem-solving, mentorship, and team morale are more challenging when each requires a Microsoft Teams or Zoom invite to do so.

When asked why people continue to work for their company, respondents frequently say their colleagues.  According to the Pew Research center “60% of people say they feel less connected to their co-workers now”. People we collaborate with play a significant role in our network. We gain so much from our colleagues’ knowledge and insight, as well as our boss’s seasoning and sense of humor. While it is possible to maintain relationships online, they are often not as deep or genuine. Your network is most certainly diminishing as well. There are individuals you haven’t seen in a long time because you didn’t know them well enough to send them a text. While you may meet someone digitally, it’s not the same as interacting with them in person. You’re passing up an opportunity to meet for coffee and make a genuine connection.

Of course, working in an office isn’t perfect. However, neither is working from home. Choosing your workspace and working style with the best interests of your team and your business in mind is always the goal.