How to Improve Workplace Efficiency?
Both office space utilization and efficiency have a major role to play in improving efficiency in the workplace. You just have to tweak these metrics to suit your situation.
For instance, in an office space where efficiency is low yet utilization is high, you can safely assume that there is a high unmet demand for such spaces and adjust accordingly. To improve workplace efficiency, you could provide your employees with similar spaces in the same building or relocate some of the staff to another building.
And in a case where office efficiency is high but utilisation is low, it could be deduced that the office space simply doesn’t satisfy the employee’s needs and isn’t conducive for productivity. Now whether this means you will completely get rid of the area or simply upgrade it is up to you.
Ultimately, both these metrics are linked to employee comfort, satisfaction, and productivity. As such, you should give them the weight they deserve. Otherwise, you stand to lose your employees, money, or even the value of your real estate portfolio.