CORONAVIRUS & THE IMPACT ON OFFICE SPACE

Impact of Covid-19 to office space

COVID-19 & THE IMPACT ON OFFICE SPACE

Due to the COVID-19 outbreak, recent months have seen most of the UK set up their workspace from home. In the new world of social distancing, many office workers have not seen their desks or colleagues for months, but when the lockdown finally does ease, there may be fewer desks to return to.

Facing a sudden need to cut costs, chief executives have indicated in recent days that their property portfolios look like a good place to start. According to the Institute of Directors (IoD), many employers were forced to bring in changes which they now intend to keep in place, as the majority of organisations have adapted well. A recent PwC survey found that a quarter of chief financial officers were already thinking of cutting back on real estate. Executives say that corona-virus has accelerated recent trends emerging in the workplace, such as hot-desking, open-plan shared spaces, flexible hours and use of technology to enable teams to work from home.

WHAT DOES THIS MEAN FOR COMMERCIAL PROPERTY?

The impact of corona-virus on the commercial property market has the potential to be wide-ranging for landlords and tenants alike. With talks of a potential second spike in the winter months, organisations have to look further into the future than previously thought, as any relaxing of the existing lock-down will likely include an instruction for as many people as possible to continue working from home.

In a recent survey of business leaders, more than a third plan to step up digital training for employees in coming months, whilst companies adjust to a “new normal”. Many organisations which need office space have said they are looking to migrate to larger office spaces to comply with future social distancing, whilst others have worked on scaling down operations to smaller offices with a section of their team working from home full time.

HOW CAN TECHNIMOVE HELP

Many of the conversations our team have had over recent weeks mirror the information gathered from these surveys, with large numbers of clients looking to migrate or downsize. We understand relocating to another office is a huge decision for many organisations and one of the most important elements is knowing how to deal with the IT estate. We’ve already moved hundreds of users from offices around the UK since the lock-down was eased last month and we don’t believe it will be slowing down anytime soon, with thousands more due to happen in the near future. Although many organisations possess the in-house capabilities to oversee office relocations to a basic level, this takes staff away from their day to day activities, stretching resource and heightening risk as the project timelines progress.

For decades Technimove have successfully overseen the world’s largest office IT migrations, moving tens of thousands of users around the globe. Like all migrations, a critical element to a successful outcome is planning from the initial engagement through to execution, so we work closely with organisations to understand the business drivers for their projects. Delivering anything from a dedicated project manager to support internal resource, to an experienced project team who will take total ownership, we engage with key stakeholders delivering responsibility from design through to successful execution against a detailed, step by step project plan.

Call us today and we will be happy to help.

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