What the hybrid
workplace means for government real estate
New ways of working require government leaders to rethink their real estate portfolios
State, local and federal governments are welcoming people back to the office as conditions allow, but not in the same numbers as before the pandemic. The type of work that people do in the office is changing as well, causing government leaders to rethink the role of the workspace in serving communities. As governments work to meet new cost pressures without compromising their missions, many will adopt a hybrid workplace model, with physical space dedicated to socialization, collaboration, in-person meetings and people management. When done correctly, organizations will see an increase in human performance, organizational resiliency and a more optimized real estate portfolio.
The pivot requires government financial executives and other administrative leaders to think differently. It’s not just about reducing space or assessing portfolios based solely on cost per person or per square foot. Instead, they need to consider how the built environment adds value and invest in the footprint that best supports how work will be done.
This guide will highlight those considerations, including:
- Why a people-centric real estate strategy is key
- Why the workplace will benefit from a refresh
- Why updating office space is a worthwhile investment
- Why collaboration between leadership is crucial to success
When building a real estate portfolio for how work will happen in the future, governments need to start by deciding what they need to support a hybrid workplace model and translate that into objectives that frame their office space needs. Having a space that’s the right fit enhances productivity, attracts a diverse and inclusive workforce, and builds organizational resiliency. Get started by downloading our guide, today.