Space management has always been important for real estate and facility management. However, with the mass integration of hybrid working, space management has become more critical in corporate strategy. Creating a good work experience has become a priority as the need to attract and retain talented employees increases.
Most companies are now adopting a hybrid working model, which means employees are partly in the office and partly at home; because of this, space management is becoming a hot topic recently.
What is Space Management?
Space management is assessing, tracking and managing a company’s physical space and assets, such as floor planning, room, desk and occupancy management, even down to the air quality within the workspace. Space Management allows the allocation and optimisation of space for different activities and functions.
Space management enables a company to continually optimise the workspace available, allowing them to utilise an underused meeting room, workspace, or desk.
Effective space management can help organisations to use their physical space more efficiently and effectively, resulting in increased productivity and cost savings.