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Workspace Appraisal – a model for Corporate Real Estate Managers

This text discusses the evolving nature of workspaces and the importance of workplace appraisal for corporate real estate managers. It highlights the need to cater to stakeholders, provides a taxonomy for resource evaluation, and emphasizes proactive appraisal strategies. Location and resource focus metrics like rental costs and connectivity are vital for workplace assessment. The model simplifies comparative performance and supports regular reappraisal within business planning.

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Workspace Appraisal – a model for Corporate Real Estate Managers

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  1. Workspace Appraisal – a model for Corporate Real Estate Managers Bob Thompson, RETRI group Qiulin Ke, Nottingham Trent University

  2. Technology changes quickly….

  3. Workplaces don’t….

  4. But workspaces do

  5. Serviced offices meet the need…

  6. …but workplaces need to cater for all stakeholders. Enabling linkage Input Diffused linkage Functional linkage Output Normative linkage

  7. Workplaces are a collection of workspaces WORKSPACE WORKSPACE WORKSPACE WORKSPACE WORKSPACE WORKSPACE WORKSPACE WORKSPACE WORKPLACE

  8. Workplaceappraisal • Location focus • Access to raw materials; • Access to labour; • Connectivity; and • Proximity to market • Resource focus • Cost efficiency; • Global workforce; • Connectivity; and • Global market

  9. Locational metrics • Rental cost • Local taxes • Utility cost

  10. Resource appraisal • Resource efficiency • Unit contribution

  11. PROCUREMENT OPERATION SUPPORT

  12. Summary Workplace appraisal • is reactive, but needs to be proactive • needs to take into account the needs of all stakeholders • tends to be location based rather than resource based A workspace model • Defines a taxonomy for resource • Facilitates regular reappraisal as part of business planning • Simplifies comparative performance

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