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“The question businesses now face is how to get the hybrid model right. We know people want a choice between remote and office working,” said Sue Asprey Price, JLL’s Head of UK Corporate Solutions and Occupier Clients speaking at the event. “This will require investment in what we refer to as ‘the club’; the headquarter space, to ensure the experience and environment that employees are looking for to drive performance exists. We’re starting to see decisions being made and a shift in both business models and portfolio choices to reflect the new way of working.”
Health And Wellness Of Employees Will Represent A Huge Area Of Investment
Perhaps the greatest legacy of the pandemic is the deepened focus on individual health and well-being. The health and well- being of the workforce, including a safe and healthy working environment, are paramount to business success. In 2021 and beyond, new styles of management will continue to evolve, prioritising innovation and inspiring company culture.
“The pandemic is a human problem, so it is little surprise there is increased focus on what the workplace can do to support wellness and wellbeing,” said Mara Cummings, Senior Vice President, Global Real Estate Planning & Development, Discovery Inc. “It’s important to take a considered approach to next steps; to gather all the right data and make small changes along the way, given the pandemic continues to evolve. Not everyone’s experience is the same and so businesses need to listen and apply a tailored approach.”
Traditional work priorities have also been deeply challenged during the pandemic, for example 72% of employees now view work-life balance as more important than securing a comfortable salary (69 %). This means the future of work must refocus on the needs and preferences of a liquid workforce. Businesses must cultivate employee-centric solutions that offer choice and flexibility to optimise employee experiences and performance.
Sustainability Is Not Only A Government Mandate But The Will Of The Employee
There is an undoubted global shift in energy toward climate change and sustainability. With the built environment estimated to account for more than 40% of global energy consumption, and for approximately one-third of the world’s carbon emissions, real estate has huge role to play in creating a better world. Not only will real estate planning have to meet zero carbon initiatives, but people also want to be a part of a company with a purpose and commitment to a more sustainable world.
¹:
https://www.jll.co.uk/en/trends-and-insights/research/reimagine-the-new-future-of-work-to-shape-a-better-world
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