Tailored Brands, Inc., a recognized leader in men’s tailored apparel operating over 1,400 locations in the U.S. and Canada, has selected Tango’s Strategic Store Lifecycle Management Solution to facilitate all aspects of their real estate strategy and store development activities needed to support growth of the company’s iconic brands, including Men’s Wearhouse, Jos. A. Bank, Joseph Abboud, Moores Clothing for Men and K&G. Tailored Brands has licensed Tango’s Market Planning & Site Selection, Program & Project Management, Lease Administration and Facilities Maintenance products…
An important consideration for Tailored Brands was ensuring compliance with the new lease standards put forth by FASB. Tango’s lease accounting software is unique in the marketplace, in that unlike other solutions that will require retrofitting to ensure compliance, Tango’s lease accounting functionality was developed with compliance as part of the foundation…
[Admin: To see other related posts, use the Tango tag.]
Instead of trying to increase productivity and engagement with supplemental tactics, progressive corporations are introducing wayfinding solutions to alleviate daily headaches for employees. Wayfinding is the leveraging of integrated building technologies to deliver employees real-time visibility into the availability of high demand resources, such as conference rooms, desks, and even colleagues.
According to Steelcase Inc., 40% of employees waste up to 30 minutes a day looking for meeting space. And with most employees attending 62 meetings per month, that’s a lot of valuable time lost! Wayfinding tools show employees what rooms are available now, when the room is booked, and what amenities and technologies are available per room. When employers make it simple for employees to find the type of space they need, it not only improves the employee’s overall experience in the workplace, but allows them to be more productive with their time.
In fact, according to CBRE’s 2017 Americas Occupier Survey, 53% of organizations name “promoting collaboration” as the main driver for their workplace strategy. To collaborate effectively, employees not only need the right resources but also must be able to find their fellow co-workers quickly and easily. Wayfinding tools simplify locating a colleague, and contacting them, by pulling in the employee directory. It’s as simple as searching for the person you need and clicking “call” or “email” to be instantly connected, making each collaborative session more efficient and effective.
To learn more about how wayfinding addresses these issues, watch our video…
[Admin: This post is related to the 04.13.17 post about the impact of IWMS 2.0 on today’s workplace, and the 05.17.16 post about the rising use of meeting rooms (and collaborative overload). To see other related posts, use the Serraview tag.]
The modern workplace is transforming the way people think about their office space. Leading enterprises are leveraging their workplace to benefit their business and their people. We recently hosted a webinar to address the best practices for the modern workplace…
How to Take a Workplace from Lifeless to Lively
When beginning a workplace transformation, you must gather data to understand how your company and how employees work. There are many ways to collect data, but Jill Zunshine presents 3 steps that cannot be forgotten.
- Business Strategies: Understand each business line and function areas of your business…
- Employee Feedback: Gather and analyze engagement scores and satisfaction surveys…
- Utilization Percentages: Collect how space is being used and what spaces are being used for what type of activity…
Technology in the Modern Workplace
From experience, Tom Zampini sees three problems that have arisen regarding the modern workplace:
- Over Spending: Large and inflexible portfolios are heavily underused.
- Failure to Embrace Digital: There’s a failure to embrace digital, and thinking that mobility undermines productivity.
- Working Environment: Companies are either working in new ways in old spaces, or working in new spaces that impede real work…
Industry Trends & Consulting Experiences
Once you have an activity-based work (ABW) environment, how do you support the employee’s productivity and innovation? Luc Kamperman follows 3 factors to lead to better performance and personal satisfaction.
- Autonomy: People want to explore, learn, and foster their inner drive. This can be supported by giving people control in their environment.
- Mastery: Employees should strive to get better at doing things, and encourage improvements and growth.
- Purpose: What is connecting them to their work and workplace?
[Admin: This post is related to the 04.20.17 post about taking a workplace from lifeless to lively. To see other related posts, use the Serraview tag.]
Workplace transformation is becoming a primary focus for innovative companies. In fact, according to the CBRE 2017 Americas Occupier Survey Report, 86% of respondents are reinventing or adapting their workplace standards this year. But, where do you start? New and trending strategies seem to appear every week: open office design, hoteling, agile working. How do you know which strategy will work best for your business?
Today, corporations are relying heavily on their real estate teams to revolutionize their workplaces into modern spaces where employees and buildings are both effective and efficient. The multi-generational workforce has higher expectations from their employers and people want more from their office than just a place to sit. To accommodate these diverse needs and demands, leading enterprises are seeing the most success with activity-based working environments.
Leesman describes activity-based working (ABW) as a transformational business strategy that provides people with a choice of setting, rather than forcing individuals to work at a singular desk location. Companies who have adopted ABW in their workplace strategy are finding it to be a long-term solution that addresses the modern workforce needs as well as aligning with business goals.
To learn how progressive enterprises are developing successful ABW strategies, read our new step-by-step guide: “Creating an Activity Based Working Strategy”.
[Admin: To see other related posts, use the Serraview tag or CBRE tag.]
I’ve been closely watching the evolution of the modern office over the past several years as many organizations embrace alternative workplace strategies. This has been particularly driven by the ability of employees to work anytime and anywhere due to really incredible mobile technologies. While this has offered new and incredibly efficient ways to work, it’s also provided companies and institutions alike with new possibilities for better utilization of space. But it also has created some unique challenges when an organization asks itself, “How well are we using our space when our employees rarely sit in the same space day-to-day?”
Real-time Space Utilization Analysis
The answer is newly emerging Internet of Things (IoT) based sensor technologies that include a range of techniques such as heat sensing, vibration sensing, triangulation and 3D stereoscopic people sensing cameras. FM:Systems has formed a partnership with CoWorkr for instance…
3D Stereoscopic People Sensing
A second technology that I am very excited about which we just integrated and introduced at our annual User Conference is 3D stereoscopic cameras that perform people counting in and out of specific areas that have delineated on your floor plans! We’ve integrated the Hella APS-90 and 180 cameras…
[Admin: This post is related to the 08.20.15 post about creating a connected 11-storey building in 4 hours. To see other related posts, use the FM:Systems tag.]
In principle, every organisation is made up of four production factors: the capital, the people who work there, technology, and information (data). The real estate manager’s role in the organisation is becoming steadily more significant, partly because of the disruptive changes in Corporate Real Estate. One might suggest that real estate can now be regarded as the fifth production factor. How does a real estate manager gain control over his biggest cost item: the real estate portfolio?
Striking a balance
As a new and fifth production factor, real estate plays an important role in your organisation. Did you know that Corporate Real Estate (CRE) represents on average around 20-25% of a balance sheet? That 60% of organisations lack transparency in their real estate portfolios? And that no fewer than 2 out of every 3 real estate managers lack control over their real-estate-related processes? It’s up to the real estate manager himself to make a positive change to these statistics, and to tackle the challenges that lie ahead…
The world is changing
From 1 January 2019, publicly listed companies are required to include on their balance sheets any rental contracts that run for longer than a year. With the introduction of the new lease accounting standards, the debt position on your balance sheet could rise by up to 20%. These new regulations therefore exercise a direct influence over your portfolio strategy. Accurate administration, reliable calculations and compliant reports are an absolute necessity. The need to regain control over your real estate will be made all the more urgent by the disruptive changes currently occurring in the world around us…
[Admin: To see other related posts, use the Planon tag or Leases tag.]
Several factors are inspiring designers to “up the ante” in the creation of office designs today. One factor is that CEOs and upper management are electing to sit and work among their employees, in order to eliminate hierarchies and spur more democratic collaborations among departments and between individuals.
Another factor is the need to provide flexible work environments for individual and shared work, while ensuring the technology required at these workstations is mobile, invisible, and where possible, wireless. Finally, in order to attract and retain new generations of employees, and keep them healthy, productive, and happy, facility managers are seeking out new inspired and imaginative approaches to workplace design. Here are two strategies that address all of those factors.
Redistribution of space
The days of the large conference room are gone (along with their large conference tables). They’re simply underutilized in an era of more mobile and smaller, shared workspaces. There’s a widespread realization that open office plans, with low panels between workstations, generate more distractions than productivity…
Multipurpose circulation space
For decades, companies have viewed circulation as a necessary evil, as space required to get employees from one area to another. As a result, designers would program in a 35 to 40 percent circulation factor. Today, designs are increasing that to upwards of 50 percent, driven by the evolution of circulation into multipurpose experiential spaces essential to creativity and collaboration…