HIGH-TECH CONSULTANTS INC.“DO WE STAY OR DO WE LEAVE?”October 24, 20181.Project Background and DescriptionThe company is currently underutilizing its accommodations and has sub-let 20,000 square meters of thetotal available 50,000 square meters located in three buildings under its current lease. Changes in thecompany’s high-tech industry have lead to downsizing throughout the industry. The purpose of this reportis to identify any potential space-saving opportunities and determine the company’s future workplacerequirements.In preparing this report, it is necessary to perform a thorough examination of all aspects of the companyfrom the services/products produced to its production processes to the marketing of is goods/services. Ingaining a comprehensive knowledge of the workings of the company and clearing identifying its needs, it ispossible to make recommendations to the company representatives as to whether it should retain itscurrent space by utilizing certain strategies or relocate to a new one.The estimated date of the delivery of the report is November 27, 2011, allowing the key companyrepresentatives sufficient time to analyze the findings and make a decision before the expiration of thecurrent lease.2.Project ScopePhase1Early Identification of Space Saving OpportunitiesA thorough examination of the company’s operations has identified a number of areas that require furtherinvestigation as to their influence on future workplace accommodation needs. The workplace requirementsfor any company are based on a number of criteria critical to the day to day operations of the organization,the vision the company has for its workplace environment and the culture they aim to foster, and ultimatelyits bottom line.General space-saving strategies include:Examining staffing requirements, minimizing the workforce.Streamlining production through the use of new technology.Offering flexible work schedules and promoting telecommuting.Creating a sustainable office, i.e. reducing waste and going paperless.Flexible offices that can convert with changing needs.Projecting future growth both in terms of dollars and head counts.Identifying future industry trends and developments, i.e. new technology, changing processes orequipment.