
I Want to Stay
Key factors and benefits to consider in deciding whether to stay in your existing premises...
- There is often a tendency to see a move to purpose-built new offices as being a better option than improving an existing workspace. In many cases, however, remaining in an older building can prove a better option as they are often more flexible in use. Modern buildings often have large floor plates and embedded services. Older buildings are unlikely to have the same limitations so may actually be better suited to the needs of contemporary organisations.
- Renovation of existing premises can offer a better option for those organisations which would prefer to evolve rather than transform. There are numerous examples of companies who have tried to impose a new culture on their organisation under the guise of a relocation only to encounter problems that can drag out for years.
- A company may need to stay in a particular building or location to maintain a long-standing association. There may even be fiscal incentives from the government for a firm to remain at a particular site.
- A growing body of research demonstrates the role a building can have in forming a part of the company brand. If your organisation is strongly associated with a particular building, a move may have implications for the company's image.
- In terms of technology and infrastructure, the older building structure may be more able to accept for example the large horizontal and vertical channels needed to accommodate telecommunications servicing.
- It is often possible to accommodate more people in an existing space with intelligent space planning. A space planning review can often free up poorly used space.
- Relocation can be a major distraction to the main business and some staff may be averse to change.
- However much you may like to move, there may be no viable alternatives, especially if the construction market in your area is undergoing a period of change.