Area Development Q4 Issue 2021

Page 54

ADAPTING TO AGILITY: LEVERAGING A “HUB AND SPOKE” MODEL As a company’s workforce becomes more dispersed, they need to rethink not only how they support those employees but also the physical footprint of their business.

A

s businesses navigate a new world following the global pandemic, most will need to adapt to a more agile workplace. An overarching

HUB AND SPOKE OFFICE Satellite Office

result of the pandemic was the population diffusion of city centers. As COVID cases continue to affect our society, a return to downtown metro areas has been slow and methodical. This shift is leading many companies to reconsider and evaluate the hub and spoke model MODEL across their business footprint.

The “Hub and Spoke” Model

Home Office

Satellite Office

Centralized Office

Shared Service Office

As population shifts away from major “hub” markets, businesses and real estate developers are reimagining how to help people work. A hub and spoke model of centralized offices (hubs) downtown and satellite offices (spokes) in the surrounding areas is not a new concept. What’s changed is the demand for “spoke” offices and the definition of what a “spoke” can be.

“ S p o k e s ” o f t h e Fu t u re

Satellite Office

The availability of affordable technology for every person to own and use within their home has made high-level, productive remote work possible. As remote workers now enjoy a similar

By D avid Hickey and Guy Douetil, Managing Directors, Hickey and Associates 52 • WORKFORCE

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11/29/21 3:02 PM


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