Published: 17 Jan 2024

Category: Latest Stories

Untapped Opportunities – Immersive AI That Redefines Company Cultures

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The implementation of AI in the workplace is virtually in every sector from new startups to conglomerates, and everything in between. In essence, artificial intelligence generates cultural and financial benefits for organisations worldwide, resulting in not only increased efficiency that allows for the pursuit of greater goals. Business culture contributes to AI implementations and deployments within an organisation. More specifically, this article examines how AI redefines tasks that were once considered mundane and the implications of this cultural phenomenon for the flexible workspace.

 

AI in the Flexible Workspace

AI technology is used in a variety of ways in the flexible workspace, often to reduce human error, increase cost-efficiency, and to generate data-driven decisions for the entire organisation. It is imperative for the modern flexible workspace to adopt cutting edge technologies in order to remain competitive. Theoretically, AI systems utilise advance algorithms in tackling complex problems and automated tasks that are repetitive in nature, resulting in more resources for other revenue-generating tasks.

In this regard, Compass Offices has been realising the benefits that AI has to offer within the context of a flexible workspace. Compass Offices’ unique digital strategy also encompasses the necessary infrastructures and a series of partnerships with strategic technology providers instrumental to further drive positive impact that supports the implementation of AI for our clients across the Asia Pacific.

 

What are the Positive Ramifications of AI in the Flexible Workspace?


Employee Experience in Flexible workspaces

Today, more and more companies are embracing agile workspaces and flexible offices, equipped with tested AI technologies that offer not only convenience but a seamless workplace experience. A Deloitte Insights Survey reports that a whopping 91% of businesses have an enterprise-wide AI strategy. More specifically, automating repetitive tasks typically done by employees frees up work hours that could be reallocated to more high value activities. Automated AI technology with means to record and analyses data about workspace usage and its surrounding environment can offer insightful workplace metrics that enhances employee experience and engagement. AI is also able to synthesise big data into digestible reports and analytics, resulting in better decision making and ultimately, mitigation of risks. 


Communication and Collaborations

AI powered sentiment analysis tools can preemptively identify potential problems before they escalate into widespread problematic issues. Natural language processing, smart meeting tools, and sophisticated collaboration platforms are means to facilitate communication and collaboration within an organisation and help in identifying employee preferences. For example, these devices may reflect a marked preference for a particular room or hybrid set up that in turns allows employers to create meeting room designs that better suits their business needs, all of which promotes accessibility and accountability and are important contributors to more effective and efficient teamwork and collaboration. 


Diversity

AI can also help in instilling diversity and an inclusive culture as it remains practical in reducing human bias or errors. In this regard, the Human resource department is increasingly on board with adopting AI in the recruitment and talent retention processes to build more diverse and inclusive teams. Practical best practices include the automated screening of CVs, assessment of soft-skill and relying on AI to in drafting bias-free questions prior to the physical interview are all means to build more diversity into the otherwise traditional recruitment process. Moreover, AI-driven coaching programs are frequently implemented to instill inclusiveness and trust within teams, ultimately leading to as it can lead to a happier and safer work environment. 


Crisis Management

An emerging trend for Predictive maintenance is becoming a prevalent option for businesses of all sizes. According to a study by IMB, predictive maintenance reduces downtime by 50%, breakdowns by 70%, and can savings on maintenance costs by 25%. Data collection and predictive maintenance algorithms enable a business to determine when and where to allocate resources for preventive measures to be taken. As a result, improving safety and preventing unnecessary equipment failure among many other benefits.


Sustainability in Space Planning

The implementation of AI in office design can have a direct impact on the environment and sustainability issues. For instance, AI technology such as video surveillance and hazard detection are imperative in creating more proactive workplaces in comparison to traditional means. Moreover, automated sensors that are designed for energy optimisation by tracking average and peak occupancy ranges over time are one of the many emerging corporate cost-reduction strategies. This also contributes to creating more sustainable and engaging flexible workspace, all while rightsizing the physical office in a changing risks environment. 

 

Conclusion

While AI adoption rates vary widely across industries, AI in the workplace can lead to notable tangible and intangible gains when applied properly, this sentiment is supported by a MIT finding that posits 79% of its respondents benefited from efficiency as a result of AI also experienced improvements in establishing employee morale and culture. Nowadays, businesses of all sizes demonstrate a tendency to embrace AI implementation in areas including the generation of insights, the reduction of operational costs, as well as for optimisation of its flexible workspace in promoting the connections and well-bring of its employees, resulting in greater team culture and morale.


About Compass Offices

Compass Offices is one of Asia Pacific’s fastest-growing providers of flexible workspaces for corporate and business professionals, growing startups, enterprise teams and international conglomerates. 

Since 2009, our global support teams have been dedicated to providing our clients with an innovative bespoke business ready workplace and professional services that facilitate growth in today’s changing risk environment. 

We present a growing portfolio of over 50 locations across 10 cities, serving a network of over 20,000 clients. Our enterprise-grade IT infrastructure and communication solutions are designed to meet the opportunities of the modern workplace.

For further information, please visit www.compassoffices.com