Space Management is a purpose-built tool aggregating relevant data about buildings and users together providing Corporate Real Estate Teams a clear, precise picture of the property portfolio they manage. Space Management is the foundational source that supports operational and strategic activities. Drive and elevate property performance through capabilities and processes maintaining actionable, relevant data.
Space Management is a purpose-built Corporate Real Estate (CRE) tool that pulls-in and compiles data from a broad cross-section of relevant areas crucial for effective facility management and planning.
Automating data aggregation simplifies and eases the strain on everyone. Therefore, facility wide data can be collected and shared more regularly. Automation increases the volume and veracity of data, maintaining current and strong data quality. Instead of an annual performance review, CRE’s and stakeholders can incorporate data and outcomes into their daily workflow.
When all stakeholders and facility management contributors have visibility of and work from the same playbook, it’s possible to deliver a consistent global experience that evolves over time to continuously match the needs of users.
Automation enables process to be baked-in to the tool, reducing the need for personnel involvement. Reduce heavy-lifting from within your properties team and lateral stakeholders while delivering the same level of accurate data insight.
Automated data feeds are predefined. Setting a mandate for how data should be processed and automating guarantees data standardization.
Provide the tools and visibility that enables your teams to deliver an excellent daily experience for users.
Deliver facilities based on optimized planning.
With all relevant data in place, use filters to drill down to the specific viewpoint you want to review. Understand portfolio and management performance over time, snapshot today against any period. Compare team or facility performance at the regional, city or building level:
Space Management’s inputs and accurate data ensures that chargeback is accurately assigned.
Teams can push fixed costs to Business Groups and adjust a space’s usage or pro-rate a personnel, assigning multiple costs or locations.
Generate chargeback to the business and departments using accurate, robust data reducing queries and pushback.
When standing up Space Management, The Changing Workplace will work with you to define the space standards you want your floor plans to meet. We then review and manage your plans ensuring they conform to requirements.
The Changing Workplace works with you to accept standards into our Space Management tool. There are plenty of standards to choose from – BOMA, IPD, BSI, etc… Having the standards defined, in place and adhered to is critical for an effective, efficient and consistent property management strategy.
The key value add a Space Management tool provides, once standards are incorporated and once automated data aggregation is incorporated, is total data visibility and analysis capabilities.
Benchmark portfolio performance and create KPI’s to monitor target achievement by teams and personnel.
Create/ modify best practice based on facility evolution.
Organizations that incorporate a purpose built solution including standardization, data aggregation and benchmarking typically realize 6% reduction in space occupancy in their first year and a further 5% by the third year.
Filter data focussing your view to only what you need to see for your query. Also, use filters to understand and compare like-for-like performance across geographic location, space types and business groups
Drive accountability based on metrics. Enable regional/ building managers to share knowledge of what’s working and strategies.
