HomeTech PlusTECH & OTHER NEWSNew Envoy Workplace Trends Guide Reveals Inefficiencies in Workplace Management Delay Critical...

New Envoy Workplace Trends Guide Reveals Inefficiencies in Workplace Management Delay Critical Business Decisions

More efficient, automated systems are needed to streamline workplace operations.

SAN FRANCISCO–(BUSINESS WIRE)–Envoy, an integrated workplace platform that connects people, spaces, and data, today published its latest workplace trends guide, which includes data from 440+ surveyed executives and managers across various departments including workplace and facilities management, workplace security, IT, finance, and HR.

In recent years, organizations have faced significant shifts in workplace dynamics, pushing them to constantly adapt. However, many have relied on outdated and manual processes as short-term solutions, leading to inefficiencies in workplace management. Envoy’s new guide on solving workplace challenges reveals that as a result, nearly half (47%) of companies have had to delay critical business decisions due to complexities arising from remote or hybrid work policies. The reliance on inefficient workplace management practices are draining resources and impacting the bottom line.

Additional key findings include:

The Silent Drain on Resources

  • Time-Consuming Reporting: Over 40% of organizations allocate 11+ hours monthly to generating space utilization reports, with some spending up to 40+ hours a month on this task alone.
  • Manual Data Collection: 60% of workplace leaders still manually gather employee attendance data for real estate decisions, highlighting a significant inefficiency in data management.

Why Partial Insights Hurt

  • Incomplete Data Insights: While 76% of companies rely on badge swipes or Wi-Fi access for attendance data, they lack comprehensive space utilization insights, limiting their ability to optimize workplace layouts effectively.
  • Underutilized Space: 17% of organizations report that over a quarter of their space is either unused or underutilized, indicating significant potential for space optimization and cost savings.
Technology For You
Technology For Youhttps://www.technologyforyou.org
Technology For You - One of the Leading Online TECHNOLOGY NEWS Media providing the Latest & Real-time news on Technology, Cyber Security, Smartphones/Gadgets, Apps, Startups, Careers, Tech Skills, Web Updates, Tech Industry News, Product Reviews and TechKnowledge...etc. Technology For You has always brought technology to the doorstep of the Industry through its exclusive content, updates, and expertise from industry leaders through its Online Tech News Website. Technology For You Provides Advertisers with a strong Digital Platform to reach lakhs of people in India as well as abroad.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img

CYBER SECURITY NEWS

TECH NEWS

TOP NEWS

TECH NEWS & UPDATES