The Leader Magazine

SEP-OCT 2015

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The mindSHIFT team found that an engaged workforce is the key. This essential first rung to a ladder leads then to collaboration, which creates an environment for innovation. So, what was the level of engagement for most companies? The mindSHIFT team turned to Gallup and other research, which revealed, in short, that 70 percent of the workforce would rather be any place than at their current workplace. Twenty percent of employees are toxic and better off being paid to stay home. The cost of lost productivity is estimated at over $1.6 trillion a year. But the team also found more than 70 companies with highly engaging cultures. Some are what we called "new DNA companies," born in the information economy, like Google, Red Hat and In addition to improving security, the project also drove reductions in operating costs through the use of sustainable development. Leveraging the geothermal cooling loop and nearly constant ambient temperature and humidity of the mine, Iron Mountain achieved power usage effectiveness (PUE) below 1.2 at full load (industry standard PUEs are in the 1.5 – 1.6 range). For a typical 1MW data center deployment, this can y ield signif icant savings (between $1.5M – $2 . 5M) on power utilization costs over a 10-year term. Looking ahead, the company is partnering with Carnegie Mellon University to limit the use of resources during pre-development by using robotics, lasers, infrared and rock-penetrating radar for improved modeling of the facility. T h roug h I ron Mou nt a i n's i n novat ive a nd adaptive redevelopment of this historical facility, the company has successfully created a sustainable location for modern, best-in-class use supporting technology services in today's information age. mindSHIFT Climbing the Ladder to Innovation: the Role of Corporate Real Estate in Creating Cultures of Engagement I n the spring of 2012, at the CoreNet Global North America Summit in San Diego, the association presented the results of its research study Corporate Real Estate 2020. When the session broke conversation spilled out into the foyer. One of the questions that came up in conversation was, Are we – personally, professionally, or corporately – equipped to face the relentless change and disruptions implied in the research? Those questions continued to provoke t he mindSHIFT team long after the Summit. Soon, 30 companies and more than 50 leaders (including Millennials) signed up to take part in an 18-month discovery process called Case4Space. An extensive review of published research revealed that the average life of an S&P 500 company has dropped from 60 years in 1960 to under 15 years in 2014. Two-hundred Fortune 500 companies are projected to disappear in the next five years. Why? As IBM's most recent survey of 1600 CEOs made clear, innovation is the Holy Grail for survival and growth. But what leads to innovation? Eighty-two percent of a company's costs are personnel related. Photo credit: mindSHIFT "…70 percent of the workforce would rather be any place than at your workplace. Twenty percent are toxic and better off being paid to stay home. The cost of lost productivity is estimated at ove 1.6 trillion a year." GIA 2015 Global Innovator's Award Finalists September/October 2015 | the LEADER 53

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