February 6th, 2017
Each week, I select a few articles that rise above the fray and hopefully help you on your journey in the CRE world. They pull from one of four "corners:" corporate real estate, technology, management science and anything positive. I welcome your comments on these articles and the submissions of others (with credit to you if I post them). I wish you a terrific week!Office Landlords Leverage Co-Working Style Designs to Retain Tenants"Inspired by Millennials, the collaborative office design is now popular across most industries and age groups. Office building landlords are now outfitting lobbies with amenities and creating indoor and outdoor spaces where building occupants can work, socialize and meet with each other or clients. Office landlords are capitalizing on a concept originally conceived by co-working operators like WeWork." www.nreionline.com[tweet_box design="box_09" float="none"]Office landlords are capitalizing on a concept originally conceived by co-working operators like WeWork[/tweet_box]
Cat's new HQ goal: Change culture“With all due respect to Peoria, it's going to be easier to lure corporate talent to the Chicago area. Yes, the area has its problems but it is also home to many world-class cultural amenities and social attractions that help make people want to work and play here."
"Many of Caterpillar's senior leaders have spent many years at the firm and have been rotated throughout the business," Keith Schoonmaker, Morningstar analyst, wrote in a recent report. "Increasingly, however, the company has sought to hire people from outside of the heavy equipment industry." www.chicagotribune.comSorry, Working From Home Isn't the Future of Job Flexibility"Workers say in survey after survey that flexibility is a very important aspect of job satisfaction. But what they really want is to work from home, according to a recently published study by the Washington Center for Equitable Growth.That's not realistic for many of the fields of work that are growing fastest, and it's not something most employers are offering.The average worker would take an 8 percent pay cut to work from home, the study found. Other possible work arrangements, such as compressing five days' worth of work into four or picking different start and end times, don't seem to justify a lower salary." www.bloomberg.com
Unusual employee benefits at Basecamp - the complete list"I’m often asked about the benefits we offer at Basecamp. Potential employees are obviously curious, but most of the questions I get are from fellow business owners and entrepreneurs. Everyone’s looking to know what everyone else is doing — as are we — so I figured I might as well post our current benefit list publicly.
Note: Since the majority of our staff works remotely, and some outside the US, some of these benefits are provided in different ways. For example, the 401k is only available in the US. We’re currently working on making sure everyone, no matter where they work, have commensurate benefits (or at least as similar as possible). We’re still working on this, so hopefully I can write more about how we’ve addressed this down the road." www.linkedin.com[tweet_box design="box_09" float="none"]Everyone’s looking to know what everyone else is doing — as are we — so I figured I might as well post our current benefit list publicly.[/tweet_box]
How Well Are #CRE Leaders Balancing Need To Attract Talent & The Need To Reduce Company Costs?"Corporate real estate (CRE) leaders around the world are focused on strategies to attract and retain superior employees and help enhance their productivity. At the same time, they must continually find ways to reduce occupancy costs. The overriding challenge is to balance these two goals, which are often in opposition to one another.
This is the picture that emerged from a new global CRE survey conducted by Cushman & Wakefield in conjunction with CoreNet Global in 2016 as a follow-up to the 2015 study of industry trends, which reinforces the criteria that is really driving occupier decisions. This year, our survey examined not only location and workplace strategy as corporate value drivers, but also CRE’s alignment with business strategy alignment." www.cushwake.comYour success blesses others. I wish you a great a hugely impactful week!Ken