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Aim

Corporate Spend Measures in the Workplace Environment The Employer Perspective on Location, Building, and Design Ana Chadburn June 2014. Aim.

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Aim

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  1. Corporate Spend Measures in the Workplace Environment The Employer Perspective on Location, Building, and DesignAna ChadburnJune 2014

  2. Aim The purpose of this paper is to investigate the emphasis placed on creating a workplace environment that is “Right” measured through levels of spend on a range of property attributes thought to contribute to business productivity. Property Attributes for a Corporation: • Location • The Building • Internal Design

  3. View from St. Botolph building in the City of London

  4. Relocation/RefurbishmentWhere to spend.. • Location • The Building • Workplace design • Focus: • Levels of Turnover • Corporate Image • Ability to attract staff • Staff retention • Staff sickness

  5. Location

  6. The Building

  7. Importance of Work place Design

  8. Ranking • Winners: • Corporate Image • Ability to attract quality Staff • Staff retention • Losers • Profitability • Staff Sickness/Absenteeism

  9. Workplace Design Priority

  10. Workplace Priority Qualitative

  11. Main corporate themes: • Corporate Image • Staff Wellbeing • Connectivity & Collaboration • Fit-for-purpose • Sustainability

  12. Professional Consulting Architect Terence Brown AAdipl, RIBA, ACArch, FRSA Consultant Architect & RIBA Client Advisor British. Professional experience: 41 years He has a broad range of experience in leading the design team, often on complex projects in sensitive settings and incorporating historic buildings. He takes a personal and active interest in conceptual design, design management, sustainable urbanism, and Town Planning matters. Committed to an ecological design approach, he continues to take an interest in design activities, writing and speaking.

  13. COSTS spend on Refurbishment/Redevelopment

  14. Redevelopment or Total Refurbishment • Shell and Core & Demolition – 60% • Fit-out & All Other – 40% • Fit-out & All Other • Fit-out – HVC, IT, Floors Ceilings, Carpets, & Lighting, Furniture & Work Stations • Well Being –, Energy Efficiency, Noise reduction, Creative/meeting • Security, Sustainability & Corporate Image

  15. COSTS spend on Refurbishment (excluding shell and core)

  16. Conclusions

  17. ConclusionMain corporate themes: • Corporate Image (External) • Staff Wellbeing • Connectivity & Collaboration • Fit-for-purpose • Sustainability

  18. Spend on Refurbishment • Greatest spend 82% is on Classical Fit-out or what could be termed as Fit-for-purpose • Spend on Well Being is low but large amounts of floor area are required with an impact on Rent • Sustainability measures (app. 5.5%) are typically low in cost but the difficulty lies with training and co-operation of staff. • Corporate Image 5%

  19. Overall Conclusions • Corporate Image is the first ranking Priority and the main focus of a company whether pubic or private. In essence it tells the world who and what the company is. Costs typically associated to this are only 5% but only app. 2% of the a whole project cost. To get this right even low in cost, implies the selection of the correct image consultant or Architect. • Staff Wellbeing is invariably second. Here space is needed as costs associated to these are fairly low but requirements in space is high. Companies who prioritise this element may need to select offices with lower rent and greater provision of space. This might mean a less prime location or the fringe of a prime location.

  20. Overall Conclusions • Location is paramount as well but it is mainly a function of the company’s corporate Image and the ability to attract and retain staff • Research suggests that Sickness and Staff Absenteeism measures are required within corporations for good levels of productivity. This does not seem to be a priority for corporations. It is suggested therefore that this element still needs to carry through from theory into practice. • Staff interaction reflected as connectivity & collaboration can be reflected through the designed space • Sustainability measures are high on the agenda for Corporations. This is mainly delegated to Management. • Fit-for-purpose is the greatest cost and can be seen as the nuts and bolts of a Refurbishment or Redevelopment cost (excluding Shell and Core).

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