Nov 1, 2020
Chris Early, Estates and Development Manager for
Telefónica UK, joins Bold Founder, Caleb Parker, to talk about the future of work and how he expects
commercial real estate to evolve in the coming years.
Chris believes on average we’re
all going to need less space post-Covid.
He says he expects lease terms
to shrink and permit more flexibility, and asks "how efficient is
it for a company to provide all the amenities to their team, when
they can choose a building where those services are already
provided and shared by all customers of that building?"
In this episode you're going to
hear how Telefónica is leaning into the future with flexible
working, Chris’s view on Space-as-a-Service and why he believes
BRAND MATTERS to enterprise customers to ensure a consistent
experience for their teams.
Connect with Chris
on LinkedIn
Connect
with Caleb on LinkedIn
If you have any questions or feedback on this episode,
email podcast@workbold.co
Value
Bombs
- Telefonica has 26 sites across
the UK, and 700,000 SqFt of office space
- Expects lease terms to shrink
and permit more flexibility
- Looking to trim down legacy low
efficient regional sites and focus on the larger hubs
- How efficient is it for a
company to provide all amenities to their team, when they can
choose a building where those services are provided and shared by
all customers of the building?
- Some companies will partner
with Space-as-a-Service operators to reduce lease liabilities and
share with other customers
- The office of the
future
- must
be super connected, so people can move seamlesly between activity
based work settings with whatever device they’re
using.
- Must
have space for introverts and extroverts - we can’t expect everyone
to just go work from home
- On
average we’re all going to need less space
- But
we need that space to be more efficient, and we’re going to need to
share amenities
- Flex
is not just about lease terms
- People aren’t going to come back into the
office like they did pre-Covid
- Some
companies will democratise workplace choice
- If
people commute less there is an inherent cost savings that could be
used for booking Thirdspace
- Some
companies will subsidise their team’s Thirdplace usage
- Brand
matters to enterprise customers to ensure a consistent experience
for their teams
- We
could see a future where the CRE Agent/Broker community manages
flexible and transient workspace bookings for enterprise
employees
About Chris
Early
Chris Early is Estates and
Development manager for Telefónica UK, who owns O2, one of the
largest telecommunications networks in the United
Kingdom.
He oversees the entire building
life cycle, from acquisition to disposal, as well as office design
and fit-out, space management and facilities management. His
leadership helps the team deliver an efficient office and technical
estate which is designed to meet the needs of a fast-changing
business.
Chris came into corporate real
estate through an unconventional route. In 2001 he started out as a contractor,
managing cell site acquisition in Central London. He then moved
from build and implementation roles, through the setup of
Cornerstone (the network share with Vodafone) and eventually into
his role today in Property. He has a master’s degree in commercial
property law.
Chris has a particular interest
in new ways of working, as a tool to improve the world of work more
widely, and he’s focused on helping his team deliver for their
customers.
Sponsors
Fortune Favours the Bold
Bold helps
commercial real estate create & manage flexible spaces to
dream, create, share, and succeed in. Now part of NewFlex
(
www.workbold.co)
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NewFlex delivers
and manages a range of branded solutions for every type of
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www.newflex.com)
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