March 1, 2021

3 Things Your Office Strategy Data Is Trying to Tell You

 

Your office strategy is yielding unique data. How are you leveraging that data to meet your business goals? 

There are three categories of data to measure: first, workplace efficiency and operating constraints; second, employee turnover; third, differentiating between quality work mission-orientated work. 

Measuring Workplace Efficiency and Identifying Operating Constraints

First, improving workplace efficiency is about helping employees work smarter. So, whether your workforce is in the office or remote, measuring your workplace efficiency is important. 

What methods do you have in place to measure workplace efficiency?

There are five methods for measuring efficiency and productivity identified by Indeed

  1. Monitor the profitability and sales of the organization
  2. Concentrate on how many tasks are completed by the workforce
  3. Monitor the time it takes to complete tasks (Tip: project management software is ideal for time management) 
  4. Get feedback from employees on workload and time management and encourage and peer assessment
  5. Use customer satisfaction surveys to gain an outsiders’ perspective on efficiency

The second aspect of workplace efficiency is identifying operating constraints. Take a look at your current space against current constraints. For example, if you’re currently leasing office space but your entire workforce is remote, that would be considered an operating constraint. 

Most if not all organizations are struggling to understand how the use of their office will change when the pandemic comes to a close.  It’s nearly impossible to predict the future. However, you can build an accurate office strategy that will roadmap your organization’s future with the help of Formcraft’s WorkforceDiagnostics™.  

Our integrated team uses WorkplaceDiagnostics™ surveys and employee interviews to inform the design. This allows employees to be heard and have a say in the office design or redesign. This builds an exciting acceptance of the design solutions.

If you’re not measuring workplace efficiency and identifying operating constraints, you’re missing out on your company’s potential.  Speak with a Formcraft representative today about preparing your team to connect and collaborate in the workspace again. 

Turning Employee Turnover Into Office Improvement Metrics

When building your office strategy, there’s a lot you can learn from exit interviews. The rate of employee turnover as well as the reasons for turnover are valuable pieces of data. 

First, businesses can leverage data to identify opportunities for design-based strategy. Second, business can improve the quality and functionality of the workplace. When you focus on those elements, you can improve the retention rate for high-quality, high-impact employees.

Why Good Employees Leave

According to CIO, employees leave for a multitude of reasons. From poor management to no room to grow, good employees can slip through the cracks.

There are a few solutions you can build into your office strategy that help build retention. 

Facilitate work-life balance. Employees leave when they no longer feel valued. Add these design elements that show your employees you appreciate them. 

  • Collaborative workspaces that support sharing ideas
  • Privacy options for when employees need to “get away”
  • Stylish, comfortable and interesting furnishings that make the office feel more homey

Additionally, offering work-from-home options and flexible workplace policies are another way to show you support and trust your employees. 

Designers at Formcraft know how the layout and style of your office can and will send a message to both employees and guests about the goals, values and beliefs your firm stands for. Read more in our past blog post.

Not sure how to get data from employee turnover? Speak with a Formcraft representative about WorkforceDiagnostics™. Our program gathers insights about employees’ likes and dislikes. 

Why Quality Work Doesn’t Always Translate to Additional Revenue

53% of the workforce remains in “engagement purgatory,” according to a Gallup poll. They may be putting out quality work, but they are not emotionally connected to their work and the workplace. 

Employees who are not goal oriented or focused on the mission of the business can work hard and do quality work. However, they can still miss revenue targets. Office design that reinforces the business’ goals and culture can instill the appropriate level of inspiration across the workforce, resulting in results-driven work from the entire staff.

Mission statements are the foundation for company success. They highlight strong corporate culture and can help centralize employees’ energy. They can be incorporated into your workplace design, as well. 

Creating and updating company culture is an integral part of office strategy. Over this past year, the coronavirus pandemic has completely changed the way business is done. Coming out of this year with a strong mission statement can rejuvenate employees and make them feel valued. 

Need help differentiating between quality work and quality employees? Sign up for WorkforceDiagnostics™.  Receive personalized data about your employees to eliminate the guesswork from developing the office strategy in uncertain times.