THE X FACTOR
Future-proofing your workplace strategy
At Avison Young, we refer to that unique combination of options and opportunities that will maximize employee experience, productivity, and attraction and retention, all while future-proofing your strategy well into the future as the X Factor.
Our X Factor methodology has evolved alongside the global landscape, and through conversations with our clients and their employees, we have identified critical success factors.
So who are the new
Today, a company’s talent pool is comprised of a dynamic variety of generational groups, working styles and personality types. The Covid-19 pandemic and related lifestyle changes have further amplified and evolved the specific needs of individual employees, creating new employee archetypes that need to be supported through the design of the overall employee experience. So, who are these new office archetypes and what are their needs? Through our work at Avison Young - and ongoing conversations with clients and employees - we have been able to identify some of the key groups, as well as their unique workplace needs. Addressing these unique needs are not just good for the employees - it’s also good for business, driving productivity, efficiency, and innovation, all while increasing employee attraction and retention and reducing the cost and disruption of employee turnover.
do we optimize the
How can a company optimize the overall workplace experience for a variety of generations, personality types and working styles- whether it be virtual or physical? How do we navigate the tug of war between employee and employer with regard to in-person work, the hybrid model, remote work, or any other variation that may evolve? The workplace is an ecosystem, and how a company addresses these pivotal questions - even down to what department is responsible for flex policies and workplace decisions around workplace models - can greatly impact workplace symbiosis. A successful workplace strategy provides a competitive edge in the war for talent, as well as advantages across overall efficiency, productivity, and continuity of business operations. We break down our X Factor methodology - including workplace assessment tools - and how to leverage these to gauge whether your office ecosystem should be a traditional headquarters, a central hub, a hub and spoke, a fully distributed or remote workplace, or a blend of these models. This human-centric approach to the workplace is a game changer, and can make all of the difference to both the bottom line and the employee experience. As the name implies, X Factor considers the sometimes elusive but always critical elements for an optimal workplace ecosystem.