5 workplace trends for the next 5 years

5 workplace trends for the next 5 years

12 May 2017

In a series of five posts, Keith Perske of Colliers International promises a “roadmap to 2022” — basically what you need to do now to keep your business on top in the future.

Keith Perske heads the Workplace Innovation Advisory practice for Colliers International in the Americas. In Colliers International’s Knowledge Leader, he says that “workplace strategy used to be about maintaining facilities and trimming expenses — but it’s just not that simple anymore. Businesses need to create workplaces that attract the best talent, adjust to shifting workforce demographics and promote employee well-being while staying ahead of new demands and new technologies. And all of this must be accomplished while containing costs in an increasingly competitive recruitment and retention landscape.”

Perske has identified five major shifts that he believes businesses need to make in the workplace over the next five years. Knowledge Leader has published the first of these, with the other four to follow. They are:

Make employee experience a core part of business strategy

Build the “Internet of Workplace”

Create a workplace that makes people healthier

Ingrain the co-working mentality in real estate strategy

Enable the agile organization

Here’s a quick peek into the introductory post, “Make Employee Experience a Core Part of Business Strategy.”

Perske reveals that “on average, happy employees have 31% higher productivity, 37% higher sales performance and a level of creativity three times higher than their unhappy counterparts. Research also shows the direct impact that engagement and productivity can have on the bottom line: public companies with engaged workforces report higher earnings per share.”

Just as businesses focus on delivering excellent customer experiences, companies must focus on creating a superior employee experience to succeed. This challenge becomes even more interesting in an environment where technology is making it easier to work from just about anywhere. Thus, employers must provide engaging employee experiences in order to realize the benefits of the physical workplace, from fostering cultural cohesion to inspiring innovation through personal interaction.

Creating an office environment where work and play are blended, can drive more collaboration and innovation. We expect that the three primary methods to this will persist:

The Campus Approach. Some companies bring the fun, food and relaxation to the work campus.

The Neighborhood Approach. With this approach, the key is securing a location near the right features and conveniences to make your workspace and the surrounding environment attractive to employees.

The Shared Amenities Approach. It’s important for landlords of multi-tenant facilities to provide a cafeteria or other amenities for occupants’ shared use. Service providers can work with building owners to create conferencing spaces and casual meeting hubs, complete with food and technology that draw tenants in.

If you can create a service-oriented mindset toward employee engagement and true ownership of the employee experience, you can create meaningful change within your organization.

Read the full post here.