Workplace design can pose financial services companies for success amid trends that could transform the industry, according to a report, “The New Financial Workplace,” recently released by HOK’s WorkPlace Group.
New technologies like cryptocurrency, biometrics, and blockchain are disrupting the financial sector. These technologies are providing emerging companies with the tools to compete with venerable financial giants.
In order to compete for talent with these upstart technology-focused firms, old-line financial companies have to adopt the cultures and workplace design practices of the technology industry, the report asserts. The report’s findings include:
- A continued decline in square footage across the industry indicates that more financial firms have adopted progressive work styles and are catching up with early adopters.
- Firms that had previously reduced their space have stabilized and are now looking for ways to enhance the employee experience and retain top talent.
- Office space has evolved from being the only place of work to one of many in an entire ecosystem of choices.
- Firms are moving beyond open-plan offices and instead installing more flexible space.
- Neighborhood-based Choice Environments (NCE) provide neighborhoods for teams to operate out of while still giving people access to a variety of work settings.
The document includes case studies of projects for Scotiabank, TD, Nasdaq, Union Bank, and Harris Bank that provide insight into current best practices.
The report can be downloaded at: http://www.hok.com/thought-lea
Related Stories
Smart Buildings | Aug 21, 2015
Federal Alliance for Safe Homes offers plan to strengthen codes for disaster resilience
Some states losing ground on resilience, group says
Codes and Standards | Aug 21, 2015
After disease outbreak, ASHRAE legionella standard adopted in New York
City Council acts after 12 die of legionellosis
Codes and Standards | Aug 13, 2015
Research indicates major earthquake looming for Pacific Northwest
Most structures built before seismic codes instituted; extreme damage predicted
Codes and Standards | Aug 13, 2015
New York City may allow affordable housing developers to ‘double dip’ in subsidies
New York City may allow affordable housing developers to ‘double dip’ in subsidies
Codes and Standards | Aug 13, 2015
L.A. considers controversial traffic calming measures
Goal is to encourage alternative transportation
Codes and Standards | Aug 13, 2015
Proposed facility smart grid standard open for public review
Goal is common way to describe, manage, communicate about electrical energy consumptions, forecasts
Codes and Standards | Aug 6, 2015
AAMA updates methods for testing of exterior walls
The standard specifies test methods, specifications, and field checks to evaluate structural adequacy of exterior wall systems composed of curtain walls, storefronts, and sloped glazing.
Codes and Standards | Aug 6, 2015
Difference in male-female thermal comfort is due to clothing, ASHRAE says
Women wear lighter clothing in the summer, so they tend to be cooler in air-conditioned rooms, according to the group.
Codes and Standards | Aug 6, 2015
ConsensusDocs releases new CM agency contract standard agreement
For use when owner acts as the construction manager, hires a construction manager, or uses multiple prime contractors
Codes and Standards | Jul 31, 2015
AIA, International Code Council reach collaborative agreement on building codes
The deal covers a wide range of initiatives, including code development, compliance, and sustainability.
