Ill-informed property decisions are hampering North West business transformation, according to Ann Clarke, joint managing director of Claremont Group Interiors.
Ann said: “75% [i]of the businesses have inaccurate information about their property needs and as much as 49% [ii] of office space is being under-used.
“With prime rents of £28-30 per square foot in Manchester and Liverpool, it’s easy to see just how costly inefficient use of space is. It’s effectively denying businesses the ability to capitalise on the first signs of economic growth.”
The statistics support Claremont Group Interiors’ rationale to launch EOS, a new workplace consultancy service designed to help organisations understand their real rather than assumed office space needs and to use that insight to make transformational decisions.
She continued: “Transformational changes for one business aren’t necessarily the same for another, but understanding the relationship between business objectives and space is crucial to making the right property decisions. Lots of businesses have found themselves with legacy space, the result of strong growth followed by the dramatic economic slump and that’s a cost they’re currently having to bear.
“Introducing agile working might help one business kick its productivity and recruitment up a gear while dramatically reducing the property overhead too. For another, it might be the decision to relocate some departments in lower cost accommodation to put higher value Grade A space to better use. Whatever the end goal, EOS provides a process to deliver space and business efficiency.”
Autotrader, which recently appointed Claremont to deliver the £4m interior design and fit-out of its new Manchester office, used Claremont’s EOS workplace consultancy to establish its exact space requirements prior to selecting First Street.
EOS is a three-stage analytical process (Engage, Order & Solve) which involves a series of interviews, audits and plans to understand how work is done and how people, process, technology and place impact on each other. The end-report identifies where and how more efficient use of space can be achieved.
Find out more about EOS Workplace consultancy.