Virtual engagement with customers and employees increased dramatically during the pandemic, and that change is here to stay. It’s not only employees who prefer a remote or hybrid setup. Companies are finding that customers want to do more business virtually, too. Now is an important time for CFOs to rethink their companies’ footprints and use of physical space. A&M Managing Director Will Lovis discussed how it’s time for finance chiefs to rethink their company’s footprint and start evaluating their real estate through a strategic lens in a recent article featured in CFO, "Real Estate Rethink: How CFOs Can Tackle the Company’s Footprint Problem."

How should companies think about optimizing their footprint?

CFOs need to think about how to develop a plan for future real estate footprint. Here are some recommendations:

• Quantify the effects of a less-than-optimal arrangement on employees and customers. 
• Build a plan to address the mismatch.
• Rethink assumptions about how the space is being used.

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