Workplace Survey Highlights Top Priorities For 2024
Sustainability Is A Higher Priority For Organizations
Taking steps to address climate change has long been a matter of brand preservation and, more recently, talent retention and recruitment. The proliferation of regulations like NYC Local Law 97 to address greenhouse gas in NYC, as well as forthcoming new Securities and Exchange Commission reporting requirements, are compelling companies to ramp up and formalize their sustainability initiatives.
- 57% of respondents reported that sustainability is more of a priority this year than at the same time in 2022.
- Among organizations that have established a net-zero goal, expanding their real estate footprint is their top priority (44%). Only 25% of these respondents indicated that they are considering downsizing their portfolios.
Adoption And Use Of Workplace Management Solutions Is Expanding
With the increased influence of sustainability on businesses of all kinds, as well as the continued fluidity of work arrangements, more and more organizations are deploying workplace management solutions to help them navigate the changes.
- Nearly 7 out of 10 organizations currently use a workplace management solution.
Business leaders deploy workplace management solutions primarily to improve efficiency (40%), reduce costs (20%), and bolster security (15%). - Among organizations planning to implement workplace management solutions in the next year, most are focused on space management and planning (40%), workplace analytics (36%), and workplace sensors (33%).
Adoption Of Advanced Technologies For Growing Organizations
Expanding their real estate footprint over the next few years is a top priority for 35% of organizations, but many of these businesses are also looking to reduce expenses. Deploying advanced smart building tech may help them do both.
Among companies that are planning to expand their real estate portfolio:
- Four out of five currently use a workplace management solution.
- 64% plan to deploy generative artificial intelligence to assist with operations and maintenance within the next year.
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