Businesses invest the most capital in two things: their real estate and their people. This means that physical office spaces and hiring/onboarding practices are not only top priorities, but their largest fixed costs, as well. Yet as the standard workplace shifts to a more flexible model, companies are beginning to change the way they view and address both.
How? By embracing remote work policies and downsizing their physical spaces – even going as far as ditching the formal headquarters – some companies are signaling an openness to modern concepts that can change the way business is run and how work gets done.