Redefining the Workspace to Strategically Support Corporate Culture, Innovation, and Growth | CIC

This study surveyed more than 560 members of the HBR audience who are involved in their organization’s strategic workspace decisions. It revealed that today’s organizations are beginning to understand that workspace decisions are not just about square footage and layouts; they are critical determinants of a company’s success. Check out some key findings below and access the full report. Key findings from the report Physical workspace, company culture and business outcomes are intertwined A Harvard Business Review Analytic Services global survey* found that businesses are starting to understand how critical workplace decisions are to business success. 88% of respondents agree that organizations should consider workspace decisions a strategic priority Workspace Decisions Critical to Company Culture 97% agree that workspace decisions impact company culture 98% agree that the quality of company culture impact a company’s ability to succeed In fact 42% reported that improvement to company culture and engagement as one of the top reasons they are reassessing their workplace strategy Strong Culture → Growth The power of community, connection and proximity is front and center as business leaders are prioritizing opportunities to network or engage in meaningful in-person interactions. 53% report their organization has added, or is currently adding, more mentoring and professional growth opportunities 52% have added, or are currently adding, more team bonding outings 77% agree their organization is interested in having employees attend in-person events to connect with a wider business community. The workspace is a bit like a combustion engine […] If people are too spread out or the workspace is not right, it kills innovation and collaboration. With the right space, you get that spark … Eelco Voogd | CEO | Reworc In-Person is In Style (Again) Two in five respondents cite adjusting to hybrid and remote work as a reason for reassessing workspace, while one in three cite encouraging employees to meet/work in person as a motivator to make changes to their space. 39% Adjust to hybrid & remote work 34% Encourage employees to meet/work in person Physical workspace is reported as: Physical workspace is reported as:

86% Beneficial to employees 90% Beneficial for employees working on collaborative tasks Benefits Borne of Workspace Adjustments The top 5 positive business outcomes realized when workspace adjustments are made include: 39% Greater operational flexibility 37% Improved collaboration 34% Stronger company culture and engagement 27% Reduced costs 26% More employees meeting and working in person Download the full report full report

*Data from Harvard Business Review Analytic Services Pulse Survey, sponsored by CIC, “Redefining The Workspace To Strategically Support Corporate Culture, Innovation, and Growth,” published January 24, 2024