Phil Kirschner: Real Estate, Futures, Workplace | Work 20XX Ep17
Phil Kirschner: Real Estate, Futures, Workplace | Work 20XX Ep17
The icing on the cake: Employees who say that the teams that they work on have very clearly established norms for not just where and when, but how the work is done ... are almost three and a half times more likely to agree that your work culture is positive. Phil Kirschner
On July 13, The McKinsey Global Institute (MGI) released the ‘Empty Spaces and Hybrid Places: The Pandemic’s Lasting Impact on Real Estate' - report Sixty-four pages focused on ‘superstar’ cities in the US, Asia, and Europe, and the long term impacts from Covid on the commercial real estate market with a focus on office,
Welcome to the kick-off of Season 3 of Work 20XX with McKinsey’s Phil Kirschner, where we dive into the report, and a broader discussion on the best practices necessary to enable your organization to thrive in the face of this the workplace revolution
Thanks again Phil.
Empty Spaces and Hybrid Places: The Pandemics' lasting impact on Real Estate,
Authors: Jan Mischke, Ryan Luby, Brian Vickery, Jonathan Woetzel, Olivia White, Aditya Sanghvi, Jinnie Rhee, Anna Fu, Rob Palter, André Dua, Sven Smit, Editor: Benjamin Plotinsky, McKinsey Global Institute, 2023-July-13
https://www.mckinsey.com/mgi/our-research/empty-spaces-and-hybrid-places
—-----------------------------------------------------------------------
Disclaimer and Discloser
All products, product names, companies, logos, names, brands, service names, trademarks, registered trademarks, and registered trademarks (collectively, *identifiers) are the property of their respective owners. All *identifiers used are for identification purposes only. Use of these *identifiers does not imply endorsement. Other trademarks are trade names that may be used in this document to refer to either the entities claiming the marks and/or names of their products and are the property of their respective owners.
We disclaim proprietary interest in the marks and names of others. No representation is made or warranty given as to their content. The user assumes all risks of use.
© Copyright 2023 Menlo Creek Media, LLC, All Rights Reserved
Episode Transcript
Phil Kirschner
Senior Expert and Associate Partner, Real Estate & People and Organizational Performance, McKinsey and Company
LinkedIn Profile
https://www.linkedin.com/in/philkirschner/
McKinsey Profile
https://www.mckinsey.com/our-people/phil-kirschner
Report
Empty Spaces and Hybrid Places: The Pandemics' lasting impact on Real Estate,
Authors: Jan Mischke, Ryan Luby, Brian Vickery, Jonathan Woetzel, Olivia White, Aditya Sanghvi, Jinnie Rhee, Anna Fu, Rob Palter, André Dua, Sven Smit, Editor: Benjamin Plotinsky, McKinsey Global Institute, 2023-July-13
https://www.mckinsey.com/mgi/our-research/empty-spaces-and-hybrid-places
—----
Select McKinsey Research References in the Interview
McKinsey Global Institute (MGI)
https://www.mckinsey.com/mgi/overview
American Opportunity Survey, McKinsey and Company
The American Opportunity Survey illuminates how many people are offered the option to work from home, who works flexibly, and how they feel about it.
Americans are embracing flexible work—and they want more of it,
Authors: André Dua Kweilin Ellingrud, Phil Kirschner, Adrian Kwok, Ryan Luby, Rob Palter, Sarah Pemberton: Editor: Katy McLaughlin
The future of wealth and growth hangs in the balance
Authors: Jan Mischke; Olivia White Eckart Windhagen, Jonathan Woetzel; Michael Birshan, Sven Smit, Arvind Govindarajan and Szabolcs Kemeny Editor: Janet Bush https://www.mckinsey.com/mgi/overview/the-future-of-wealth-and-growth-hangs-in-the-balance
Is your workplace ready for flexible work? A survey offers clues
By Phil Kirschner, Adrian Kwok, and Julia McClatchy
2023-June-01
Real Estate Insights
https://www.mckinsey.com/industries/real-estate/our-insights
Six new imperatives for real estate players
By Sophia Brañes, Daniele Chiarella, Aditya Sanghvi, and Brian Vickery
2023-March-07
The Future of Workplace
https://www.mckinsey.com/featured-insights/Future-of-the-workplace
Organizational Health Index (OHI) -
https://www.mckinsey.com/solutions/orgsolutions/overview/organizational-health-index
Global balance sheet 2022: Enter Volatility
Dec 15, 2022
Corporate real estate: From bricks and mortar to people and places,
By Phil Kirschner, Britta Lietke, John Means, Abhishek Shirali
2022-Dec-05
Your office needs a purpose,
By Phil Kirschner, Adrian Kwok, Matt Schrimper, Brooke Weddle
Proposed climate rule signals new era for real estate
By Brodie Boland, Alastair Green, Daniel Stephens, Robert Palter, Shally Venugopal. Editor: Katy McLaughlin
2033-June-23
Workplace real estate in the COVID-19 era: From cost center to competitive advantage
By Daniele Chiarella, Federico Marafante, and Robert Palter
2022-May-24
Inflation
https://www.mckinsey.com/featured-insights/inflation
Talent
Great Attrition or Great Attraction? The choice is yours
By Aaron De Smet, Bonnie Dowling, Marino Mugayar-Baldocchi, and Bill Schaninger,
2021-September-08 https://www.mckinsey.com/capabilities/people-and-organizational-performance/our-insights/great-attrition-or-great-attraction-the-choice-is-yours
Retaining key employees in time of change, Sabine Cosack, Matthew Guthridge, and Emily Lawson , 2010-Aug-01
—----
Referenced in the interview
NYC Buildings - Sustainability
https://www.nyc.gov/site/buildings/codes/sustainability.page
NYC Local Law 97
https://www.nyc.gov/site/sustainablebuildings/ll97/local-law-97.page
Breaking down New York real estate’s path to sustainability
Urban Green Council’s John Mandyck on Local Law 97, climate tech and carbon trading,
Hiten Samtani, April 22, 2021
Streetfight: Handbook for Urban Revolution by Janette Sadik-Khan, 2017-Mar-07
http://www.jsadikkhan.com/streetfight-the-book.html
Curbing Traffic: The Human Case for Fewer Cars in our Lives, Melissa Bruntlett and Chris Bruntlett, 2021
http://www.modacitylife.com/books
Building the Cycling City: The Dutch Blueprint for Urban Vitality, Melissa Bruntlett and Chris Bruntlett, 2018
http://www.modacitylife.com/books
15-Minute City
https://en.wikipedia.org/wiki/15-minute_city
Future Forum
Website - https://futureforum.com/
Research
https://futureforum.com/research/
Book
How the Future Works: Leading Flexible Teams to do the Best Work of their Lives, Brian Elliott, Sheela Subramanian, Helen Kupp, Foreward by Stewart Butterfield, Wiley, 2022-May-17
https://futureforum.com/how-the-future-works/
Steve Todd, NASDAQ: Know your Customer | Looking Forward Podcast: Conversations about the Future of Work, with Ryan Anderson, MillerKnoll , Episode 5, 2021-09-28
https://lookingforwardhermanmiller.podbean.com/e/episode-5-steve-todd/
Kastle Systems - Back to Work Barometer
https://www.kastle.com/safety-wellness/getting-america-back-to-work/
MillerKnoll Research - Insight Group
https://www.millerknoll.com/ideas-in-action
Spring 2023 U.S. Office Occupier Sentiment Survey, CBRE 2023-May-18
https://www.cbre.com/insights/reports/spring-2023-us-office-occupier-sentiment-survey
The Leesman Index
https://www.leesmanindex.com/our-research-insights/
Julie Whelan: Mixed-Use Community, Healthy Submarket | Work 20XX Ep16 2023-June-28 - https://www.work20xx.com/episode/julie-whelan-mixed-use-community-healthy-submarket-work-20xx-ep16
Brian Elliott: Connected, Effective, Workplace Future | Work 20XX #15 2023-June-23 -
https://www.work20xx.com/episode/brian-elliott-connected-effective-workplace-future-work-20xx-15
Kate Lister | Research, People, Trust | Work 20XX #12 2023-April-08 https://www.work20xx.com/episode/kate-lister-research-people-trust-work-20xx-12
Tracy Hawkins: Talent, Twitter, People Perching | Work 20XX #09 - 2023-Jan-19 - https://www.work20xx.com/episode/tracy-hawkins-talent-twitter-people-and-perching-work-20xx-09
Ryan Anderson: Bürolandschaft, Activity-Based, Design, Neighborhoods | Work 20XX #03 - 2022-March-09 - https://www.work20xx.com/episode/episode-3-ryan-anderson
Chris & Melissa Bruntlett: Fewer Cars, Better Living | Turn the Lens #18 2022-Jan-21 https://www.turnthelenspodcast.com/episode/chris-melissa-bruntlett-fewer-cars-better-living-turn-the-lens-18
Darren Murph: Remote-First, Asynch Communications, Operating Manual | Work 20XX #01 - 2021-Dec-22 - https://www.work20xx.com/episode/episode-1-darren-murph
Back to the Future, Universal Pictures, 1985
—-----------------------------------------------------------------------
Disclaimer and Discloser
All products, product names, companies, logos, names, brands, service names, trademarks, registered trademarks, and registered trademarks (collectively, *identifiers) are the property of their respective owners. All *identifiers used are for identification purposes only. Use of these *identifiers does not imply endorsement. Other trademarks are trade names that may be used in this document to refer to either the entities claiming the marks and/or names of their products and are the property of their respective owners.
We disclaim proprietary interest in the marks and names of others. No representation is made or warranty given as to their content. The user assumes all risks of use.
© Copyright 2023 Menlo Creek Media, LLC, All Rights Reserved
Jeff Frick has helped literally tens of thousands of executives share their stories. In his latest show, Work 20XX, Jeff is sharpening the focus on the future of work, and all that it entails.
