Farmington Hills, MI – (September 26, 2023) Hybrid work has become a popular topic of discussion lately. However, one thing is clear – a growing number of professionals appreciate the flexibility that remote working offers. The ability to prioritize both one’s personal and professional life has become increasingly important, and striking the right balance between remote and in-person work is crucial for companies to thrive.
The way people work has changed significantly, but most offices have not kept up with these changes. It is important to recognize the reasons why the office still holds importance:
- Innovation and creativity generation: The office environment can foster collaboration and spark innovative ideas.
- Talent management, attraction, and mentorship: Being physically present in the office allows for better talent management, attracting new employees, and providing mentorship opportunities.
- Purpose and working towards a common goal: The office can serve as a physical space where employees come together to work towards a shared purpose and common goals.
- Empathy, humanity, and connection: Face-to-face interactions in the office promote empathy, human connection, and a sense of belonging.
- Relationship and social capital building: The office provides opportunities for building relationships and social capital among colleagues.
- Variety of spaces and movement: Offices offer a range of spaces for different types of work and movement, allowing employees to choose the environment that suits their needs.
- Boundaries between work and personal life: Having a physical office helps establish boundaries between work and personal life, preventing work from encroaching on personal time.
- Culture creation and preservation: The office plays a crucial role in creating and preserving the organizational culture.
By considering these factors and adapting the physical workspace to align with the changing nature of work, organizations can create an environment that supports their employees and drives success.
This blog is written by Friedman Real Estate’s Steve Eisenshtadt, Senior Vice President, Brokerage Services. You can email him at steve.eisenshtadt@freg.com
