BoF-Jan25-2023-Letter

INDUSTRY NEWS

1. Commute-worthy Workspaces The office is no longer an obligation for employees who can largely choose how and where to work – but in 2023 we’ll see more workers deem it a preference. The only way to get employees back into the office is by making it a commute-worthy destination space that stands out. Through designing attractive workspaces that burst with personality, culture, amenities and functionality, employees are likely to choose to commute to the office and employers who invest in their environment will reap the benefits. Fresh from the ‘Great Resignation’, more and more organizations looked to their workspaces to help with staff retention and beating their competitors to the pick of the

talent pool. Noting that remote workers had struggled with loneliness, lack of belonging and feeling disconnected, companies are moving to create a destination space that encourages community and culture through providing inviting, relaxed and supportive environments, that are a genuine alternative to working from home. Our work with AstraZeneca showed the value of creating a sympathetic workspace and a home away from home, and the new Domestic & General offices reflected employee needs by putting community at its heart. 2. Creating Meaningful Moments Employers are finding that employees perform best when they can be their “whole selves” at the workplace.

If you are interested in acquiring or selling a manufacturing firm, dealership or brand, now is the time, and we can help. Introducing VISCUSI ADVISORS Viscusi Advisors is a consulting company to private equity as well as to manufacturing companies interested in acquiring businesses in the interiors space. The Viscusi Group, our parent company, has unique long-term relationships that we are willing to share with investors seeking to acquire specific brands, or to sell existing brands that they own. Viscusi Advisors is not a business broker, or an investment banker, simply an advisory service. We are excited about sharing our relationships and influence with company owners and Industrial Opportunity Partners. Also, we can provide insight into the personalities that you will be negotiating with, which may help you be more successful in your acquisition. You can reach Stephen Viscusi at 212-979-5700 x101 to start this process.

13 The Business of Furniture | Subscribe at bellowpress.com | January 25, 2023

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