The Best of Both Worlds: Adapting to Hybrid Work in CRE
Ask any hiring manager what they’re hearing from candidates these days, and chances are they’ll tell you that job-seekers are far more likely to ask about working from home than ever before. If the shift to remote work during the pandemic has shown us anything, it’s that American workers can get the job done — in the office, at home, or sitting by the pool.
On the one hand, there is something really wonderful about ditching the morning commute to hang out with your golden retriever, but on the other hand, there is only so much you can accomplish virtually. More often than not, when teams of creatives, builders, makers, and doers get together in the same room, the synergy of these teams spurs innovation and catalyzes growth.
So, in order to have the best of both worlds, many companies are adopting hybrid work models — that is, they’re combining working from home with working in the office. Hybrid work models communicate flexibility to current employees and are proving to be a strong selling point when recruiting new talent. These models can also, for better or worse, significantly impact a company’s culture.
“Dottid has returned to the office with a hybrid work model, and our team has expressed a higher appreciation for the work-life balance Dottid encourages,” says Dottid CTO & COO Senecca Miller. “In turn, we have a higher level of collaboration and synergy amongst our team when we are in the office.”
Will Richardson (CFO), William Bailey (Head of Client Success), Gavin McManus (Dottid Intern), & Mike Godsoe (Enterprise Account Executive)
For the office asset class in Commercial Real Estate, the shift to hybrid work models impacts all key stakeholders, from tenant to broker to property manager. Many tenants have been working from home for over a year, so it is increasingly important for the office to feel more like home: comfortable, open, inviting. Tenants are looking for more collaborative work spaces and less individual work areas. For property managers, these tenant experiences are essential when incentivizing tenants to return to the office.
Tenant needs are changing, which impacts the requirements for building out physical office spaces. And keeping track of all these requirements — that’s kind of our thing. Dottid helps track these specific requests from the point of the initial inquiry. Brokers can even use Dottid to note when a tenant is not interested in a particular space if there’s not enough areas for collaboration or virtual meetings with remote employees.
Because so many companies are implementing some form of a hybrid work model, adopting new technology to support these changes continues to be important, even as employees return to the office. After all, making a hybrid model work requires proper workflow and communication tools to facilitate effective in-office and virtual collaboration. Which is to say, prioritizing digital transformation is now more important than ever.
For our clients in Commercial Real Estate, Dottid is a single source of truth and is accessible on both a desktop and mobile device, so our users can get deals done — no matter where they are in the world — giving them the flexibility to adapt to a hybrid model within their own CRE workflow.
“We are building technology that empowers our clients to stay connected to their teams from anywhere, whether they are in the office, at home, or on an airplane,” says Dottid CEO Kyle Waldrep. “With our mobile app and streamlined web-based tool, users have instant access to everything they need, fueling efficiency for the entire team from wherever they are.”
Whatever the particular requirements of a tenant may be, or how a property manager might accommodate these requests, Dottid seamlessly facilitates effective collaboration by easily tracking a prospective tenant’s office needs and engaging all relevant stakeholders throughout the transaction. By relying on Dottid for all your PropTech needs, you’ll spend less time getting bogged down by repetitive day-to-day tasks, and more time focused on building productive relationships with the people who make your business succeed. Schedule a demo today to learn more about what we can do to make the hybrid model work for you.
Whether you’re at a desk or on the beach, give us a call and let’s get to work!