• Home
  • About Me
  • Blog
  • Sublease Central
  • Tenant Tips
  • Tenant Resource
    • Office Furniture Vendors
    • Commercial Tenant Improvement Contractors
    • Residential Real Estate Brokers
    • Commercial and Business Insurance
    • Recommended Business Books
  • Newsletter

+1 (925) 279 5590

Find Our Location
jeff.weil@colliers.com
officetimes.com officetimes.com
  • Home
  • About Me
  • Blog
  • Sublease Central
  • Tenant Tips
  • Tenant Resource
    • Office Furniture Vendors
    • Commercial Tenant Improvement Contractors
    • Residential Real Estate Brokers
    • Commercial and Business Insurance
    • Recommended Business Books
  • Newsletter

What Really Is The Purpose Of An Office?

Sep 9, 2022 | Posted by Jeff Weil | Califorina Business, California Economics, Commercial and Business Insurance, Commercial Real Estate, Commercial Tenant Improvement Contractor, Employment, National Economu, Newsletter, Office Space, Pandemic, Real Estate Landlords, Technology, The Office Market, Tips for Tenants, Trends, Trends for Office Tenants, U.S. Economics, Working From Home, Workspace |

BizNews 9/6/22 had a great quote that to me sums up the dilemma many corporate executives are now facing. “What is the purpose of an office?” said Matthew Saxon, Zoom’s chief people officer. “It’ll be different for different companies, but one of the things I think this huge experience we’ve all been a part of has proven that it’s not necessarily to get work done.” ‘But what Zoom believes is that offices have become a place to be social. They are no longer for doing good work so much as making good work possible, and their primary functions are facilitating collaboration and fostering camaraderie…It turns out Zoom and its 8,000 employees are dealing with the fundamental problem of hybrid work the company’s technology is trying to solve: how to be productive and creative without being in the same place. It’s peculiar how many tech companies were based almost exclusively in offices before the pandemic given how easily they have now left that world behind. Zoom gave employees permission to work from home forever earlier this year, and only 1% are regular office presences, with 75% living remotely and the rest identifying themselves as hybrid workers.”  My opinion, this is a gigantic experiment with different major employers trying different approaches. Apple and others are mandating a three-day return to the office, and Zoom is at the other end of the spectrum. Companies are making huge financial decisions on signing major leases or building expensive headquarters. Others are figuring out what bells and whistles are needed to entice more workers back to the office. It will be interesting in ten years to see how this all shakes out. Will the remote worker now up at Lake Tahoe or working in a home office overlooking the ocean have less turnover thoughts than someone mandating to come in three or more days a week? We shall see!

Post Views: 532
0
Share

Jeffrey Weil, CCIM, MCR.h, SIOR

Executive Vice President
San Francisco Bay Area
1850 Mt. Diablo Blvd., Suite 200
Walnut Creek, Ca 94507
CA Lic. 00786195
Phone: +1 925 279 5590
License #: CA-00786195
Email: jeff.weil@colliers.com

Categories

Find us on

Call or Email Me!

We're not around right now. But you can send us an email and we'll get back to you, asap.

Send Message
Solving Your Commercial Real Estate Needs Find Commercial Space Today!

Contact Information:

  • Jeffrey Weil
  • Colliers International
  • 1850 Mt. Diablo Blvd., Suite 200
  • +1 (925) 279 5590
  • jeff.weil@colliers.com
  • officetimes.com

Contact Information

  • Jeffrey Weil
  • Colliers International
  • 1850 Mount Diablo Blvd., suite 200
  • CA Lic. 00786195
  • +1 (925) 279 5590
  • jeff.weil@colliers.com
  • www.officetimes.com

Copyright © [2018] — Officetimes.com. All Rights Reserved.

Prev Next