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Techspire IIT-Bombay Strategic Case Study of a High-Tech Company

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Page 1: CoreNet Presentation

Techspire

IIT-Bombay

Strategic Case Study of a High-Tech Company

Page 2: CoreNet Presentation

The team Answer the question, “Why are we the ones to solve the problem we identified?”

Sudipto Mitra

Team Leader

Electrical Engineering

IIT-Bombay

Mredul Sarda Sandipan Bala

Electrical Engineering

IIT-Bombay

Mechanical Engineering

IIT-Bombay

Yuvraj Singh Thind

Electrical Engineering

IIT-Bombay

Meet the team

Page 3: CoreNet Presentation

The problem statement GreinTech is an open source

solutions and an S&P 500

company

A 130,000 square-foot, Class A,

mid-rise building with an early

post-war, tired construction

Type Public

Industry Computer Software

Headquarters Raleigh, North Carolina

Revenue US $1.5 billion (2015)

Operating Income US $230 million (2015)

Employees 8500

Work demographics 77% / 23%

Page 4: CoreNet Presentation

Our Mission : To create an innovative and creative work environment to inspire and motivate its workers

Page 5: CoreNet Presentation

Factors to improve workspace organization

Partition-less Cubicles

Recyclable Benches

Smart walls and furniture

On the job training

Analytics to gauge

utilization

IoT

Redesign Floor Plan

Amenities

Smart Walls and Furniture

On the Job Innovation

Partition-less Recyclable Benches

Redesign Floor Plan

Amenities

Analytics to gauge utilization

Internet of Things

Gender Equality

Page 6: CoreNet Presentation

Partition-less recyclable benches

“Recycled furniture gives the employees a sense of pride in working in an environmentally conscious company” – Marc Campolongo, Staples

Page 7: CoreNet Presentation

Partition-less recyclable benches

Facilitates collaboration

Workers feel that they’re directly contributing to the environment

Page 8: CoreNet Presentation

Smart walls and furniture

“Google is looking forward to installing interactive and smart walls in meeting rooms” – Chris Grinsted, Google

Page 9: CoreNet Presentation

Smart walls and furniture

Digital writable walls

Projecting material wirelessly

Movable walls in meeting rooms

Page 10: CoreNet Presentation

On the job innovation

“Pull the elements together as a pipeline strategy” –McLean Curtis, Alexion Pharma

Page 11: CoreNet Presentation

On the job training and innovation

Monthly workshops from external faculty

Work on parallel projects

Conducting hackathons for employees across companies in the sector

Page 12: CoreNet Presentation

Redesign Floor Plan

“Variety of work environments combined with ample natural light and wood to emulate natural surroundings motivates workers” – Smita Sahoo, IIDA, LEED AP Associate, bKL

Page 13: CoreNet Presentation

Redesigning floor plan

Benches & cube

farms

Offices

Core area:-

elevators,

common

rooms, service

rooms

Page 14: CoreNet Presentation

Amenities

“Diverse set of employees are better served by diverse choice of food” –Gail Crowder, Avision Young

Page 15: CoreNet Presentation

Amenities

Health: Gyms and nap rooms

Meetings on a treadmill

Food: Multi cuisine canteens

Nutritionist facility within the company

Page 16: CoreNet Presentation

Analytics to gauge utilization

“Not just cutting space but having quality space with density management matters” –Michael Gresty, CEO, Rifiniti

Page 17: CoreNet Presentation

Analytics to gauge utilization

Get an idea of utilization of office space

Transitional offices for the sales team

10% of employees are usually out of office for personal reason Non-dedicated workspaces can benefit from this data

Page 18: CoreNet Presentation

Internet of Things

“Internet of things will redefine workspaces of the future” –Tom Potts, VP, SiteREADY

Page 19: CoreNet Presentation

Internet of things

Occupancy sensors

Mood lighting

Volume sensors for A/C Temperature control

Page 20: CoreNet Presentation

Gender equality

“Branding and positioning in the society plays an important role” –Steven Doben, Netscout

Page 21: CoreNet Presentation

Gender equality

Community welfare : Encouraging 9-10 year old girls to take up IT

Mother’s rooms in offices

Women’s hall of fame

Page 22: CoreNet Presentation

The approach

We have listed down the factors..

..But how do we know which of this

is most important for our company?

Let’s use the Neural Network

Analysis

Page 23: CoreNet Presentation

What is Neural Network Analysis?

Page 24: CoreNet Presentation

Neural Network A computer model of the human brain and nervous system

Spam filtering on GMail

Automatic tagging on FaceBook

Stock Market Predictions

Decipher Postcodes behind envelopes

Self Driving Car Project by Google

Classification

Image Recognition

Character Recognition

Page 25: CoreNet Presentation

The Techspire approach

Budget allocation

Allocate half to each

of the 8 factors

After 3 months,

conduct a survey

Apply Neural

Network

Spend the rest on the

most important

factors

Initial Budget Allocation: US $30-50 per square feet for alteration

Survey will be conducted on attendance record and employee preferences

Page 26: CoreNet Presentation

Flexibility of place of work

Campus type environment

Meetings on a treadmill

Food: Multi cuisine canteens

Nutritionist facility within the company

Thank You