Corporate organizations face mounting pressure to adapt to emerging challenges. Grappling with retention, upskilling demands and operational inefficiencies, corporate environments have an uphill battle, especially with increasingly hybrid workforces.
To help combat rising industry challenges, you need smarter, more agile technology that can keep pace with, and even get ahead of, rapid industry changes. Implementing digital transformation in facilities is a prime place to start.
In this article, we explore common obstacles and concerns that corporations are struggling with and how the use of technology is evolving to solve these pain points.
5 Common Challenges in Corporate Environments
Your organization must embrace emerging technologies to not only survive but thrive. But getting the right technology that can cover everything you need is often easier said than done. Here we take a look at five core obstacles you likely face every day.
1. Latent Digital Transformation
You’re likely no stranger to budget constraints and are used to figuring out ways to do more with less. While it’s an exercise in adaptability and flexibility, it doesn’t always align with the pressure you may be under to rapidly modernize. Couple this with a lack of clear strategy on how to get this right and you have a recipe for lagging instead of leading.
2. Growing Cybersecurity Risks
The volume of sensitive data you manage is increasing all the time. From employee credentials to proprietary business information, there’s more information to protect than what legacy systems are usually able to keep up with. Add decentralized access points to that equation and you may find yourself with even more vulnerabilities that are tough to keep secure. On top of that, with expanding digital infrastructure comes broader attack surfaces, making your organization an even bigger target for ransomware, phishing and data breaches.
3. Operational Inefficiencies and High-Cost Centers
Complex systems, outdated processes and siloed departments all lead to inefficient operations and can increase business costs. Corporate organizations are often burdened with manual tasks, redundant workflows and rising overhead that affect both agility and profitability. The struggle is rooted in the inability to streamline these operations, which has a negative effect on budgets, productivity, scalability and sustainability.
4. Poor Employee Experience
Engagement, satisfaction and connection are required for success within any business. When your systems are fragmented, or processes are too slow, it can lead to frustration and disengagement. Further, a lack of personalization for employees will likely lead to more attrition. This may look like increased disengagement and turnover in a corporate environment.
5. Inadequate Space Optimization
When it comes to corporate space planning, it’s critical to balance physical infrastructure with evolving hybrid needs. Offices and meeting areas that are not being used may lead to wasted resources and higher operating costs. But without real-time data and insights, it is hard to align space usage with actual demand. This disconnect affects collaboration, limits flexibility and reduces the overall effectiveness of an environment, especially a hybrid one.
Tackle Your Obstacles Head-On with a Unified System
To solve the challenges you face, comprehensive technology that centralizes data and streamlines operations across all physical real estate is needed. An integrated workplace management system (IWMS), for example, breaks down silos and enables data-driven decision making across all departments, functions and business units. It can provide you with real-time insights into space occupancy patterns for better optimization of physical facilities. An IWMS can empower you to adapt quickly, while reducing costs and improving performance.
The following section identifies three critical features and capabilities you should look for when considering an IWMS.
1. Comprehensive Desk and Room Booking
Corporate organizations need to modernize operations. From streamlining hybrid work to maximizing collaboration to optimizing space usage, solutions for room and resource booking play a vital role in how you accomplish this. A comprehensive solution for desk and room bookings can address pain points in the following ways:
- Digital Transformation: Supports smarter decision-making that informs underutilized areas and future needs with tech integration, reservation automation and real-time data
- Cybersecurity: Minimizes the risks of unauthorized access using automation to manage a centralized system and role-based permissions
- Operational Efficiency and Cost: Improves space usage by streamlining workflows and leveraging data-driven insights so you can eliminate booking conflicts and reduce overhead costs
- Employee Experience: Provides more autonomy and satisfaction through convenient, self-service access
- Space Optimization: Helps you build more flexible and responsive environments due to enhanced visibility into usage data and needs
Related Read: Office Space Planning: Tips For An Efficient Workspace
2. Space Management and Optimization Software
To operate more efficiently, you need better hybrid workplace solutions. Leveraging software to optimize and manage workspaces will help you address the pain points laid out above. Here’s how:
- Digital Transformation: Reduces reliance on outdated, manual tracking methods to support transformation goals
- Cybersecurity: Minimizes security vulnerabilities with a digitized system that removes the need for manual or paper-based approaches
- Operational Efficiency and Cost: Lowers operational costs by providing data that can help you avoid unnecessary expansions or maintenance in unused areas
- Employee Experience: Ensures employees get access to the right environments for the type of work or learning they need to do
- Space Optimization: Enables you to be more agile and responsive as demands change, making your organization more adaptable
Watch: Introducing Accruent Space Intelligence
3. Wi-Fi Occupancy Data
As you look to address challenges, it’s important to leverage tools that easily integrate with your existing tech stack. Technology for resource booking and workspace management are important and embedding a solution that leverages Wi-Fi meta-data to pull real-time occupancy data can help you overcome common obstacles in these ways:
- Digital Transformation: Provides a real-time, accurate view of occupancy patterns without requiring costly sensors or manual audits
- Cybersecurity: Boosts security through integrations with existing infrastructure, minimizing your need for other hardware or data collection points
- Operational Efficiency and Cost: Enables smarter space planning and helps cut unnecessary overhead by identifying underutilized spaces
- Employee Experience: Aligns with the ways employees actually move and work, so you can provide environments that actively improve experiences
- Space Optimization: Drives more long-term sustainability of a space by providing you with real-time data that leads to informed decision making
Related Read: Leveraging Wi-Fi Occupancy Data for Smarter Space Management
Take the Next Step with Integrated Solutions
When you bring Wi-Fi occupancy analytics and space management technology together you can truly optimize how your space is used. Decisions need to be made based on data-backed insights and the best way to get this is with software that seamlessly integrates with the existing systems you have.
If you’re ready to start harnessing the power of integrated space management solutions, explore what’s available today.
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