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leading financial

institution

Stock market graphical elements with overlapping numbers

ocean

there was an 

of data, from which actionable insights needed derived

the organisation could reduce its real estate footprint by more than

25%

Using data and evidence as a basis to drive “right-sizing” in CRE
decision making.

the opportunity

With the aim of creating more efficient utilisation of their real estate, this leading financial institution wanted to better understand how its workspaces within three of its large Sydney offices were being used. There was an ocean of data, from which actionable insights needed derived.

 

Detailed utilisation studies over the course of a month had audited individual workstations and meeting facilities | collaborative spaces. This provided intelligence about occupancy of spaces, the activity taking place in the space, and what equipment | technology was being used.

 

The client required a deep exploration and analysis of the data to better understand ‘camping’ behaviours being exhibited by their staff.

our approach

Puzzle analysed the raw dataset and undertook detailed multivariate analysis of the data. A total of 13,312 workstations were observed hourly over a five-day period and information was captured about whether the workstation was occupied, unoccupied or was temporarily unoccupied (i.e. no seated person at the workstation but with belongings present, such as a bag, laptop, water glass, jacket etc.); resulting in more than 530,000 datapoints.

 

Initial analysis was undertaken to establish attendance patterns and workstation utilisation ratios by site and level. The results were then compared with global benchmarks.

 

We undertook further analysis of workstations left temporarily unoccupied to determine the extent of ‘camping’ within each building and ascertain how many were temporarily unoccupied for two or more consecutive hours, in contravention of the client’s policy which requires staff at an agile workstation to fully vacate it if they are going to be away for more than two hours.

 

We then took the analysis a step further and ran a series of comparative analyses to see whether ‘camping’ behaviour appeared to be influenced by factors including workstation type (dual monitor, sit-to-stand etc.), day of the week, peak times during the day etc.

the results

Our analysis provided a deeper understanding of how their staff are using the workspaces, as well as factors contributing to ‘camping’ behaviours.

These insights would enable them to re-think space allocation and make more efficient use of their workplaces in the future. Based on the data captured the organisation could reduce its real estate footprint by more than 25%.

 

The project highlighted Puzzle’s ability to conduct complex multivariate data analysis and identify relevant evidence to inform high value property decisions and benchmark existing performance.

blueprint

change

transition

leading financial institution - paperlite

Establishing a “new normal”, pioneering new ways of working, and building enthusiasm and positivity in the client’s team.

local
government

The transformation of 6,195 square metres of council offices into an innovative, collaborative, flexible workplace​.

public
hospital

No time to waste! Plan and relocate 900 health staff between 15 buildings and across 7 sites within 3 months!

emergency
services

Puzzle were entrusted to manage the complex transition of a critical emergency services operation centre housing 600 staff.

federal government department #1

Using an evidence-based approach to test and refine a novel real estate strategy…the introduction of satellite Hubs.

state
government

We love a challenge...co-locate 2,800 staff from 10 sites (five departmental divisions and 10 agencies) to a new building...during a global pandemic.

financial institution FWOW

Navigating a path towards a ‘new normal’, leveraging the lessons from the remote working experience and defining future ways of working.

global law
firm

From negative to positive...how a change management program assisted to shift staff sentiment during a move to agile working.

federal government department #2

Deploying new technology with a user-centred approach to drive high levels of engagement and adoption.

global comms
group

Leveraging a co-location project to re-define culture and drive improved agility, collaboration and flexibility.

national
broadcaster

The show must go on! Relocating three broadcast studios and 645 staff in an incredibly tight window between the evening newscast and the following days’ morning show.

leading financial
institution

Using data and evidence as a basis to drive “right-sizing” in CRE decision making.

federal government department #3

Establishing a “new normal”, pioneering new ways of working, and building enthusiasm and positivity in the client’s team.

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