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Regus Case Study: Challenger, Gray & Christmas, Inc.

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Learn how Challenger, Gray & Christmas partnered with Regus to quickly enter markets and secure office facilities on flexible terms that match their workspace needs.

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Regus Case Study: Challenger, Gray & Christmas, Inc.

  1. 1. For more information visit regus.com/corporate or call 855-REGUS-54 Client Founded in the early 1960s, Challenger, Gray & Christmas is an outplacement consulting firm whose primary goal is to assist displaced workers in making the transition to reemployment. The firm has a proven track record of successfully providing top quality outplacement programs for executives, middle managers and long-term or highly valued employees. Challenge Challenger needed a real estate solution that would allow the firm to maintain much-needed flexibility by allowing it to minimise its second largest cost of doing business – the expenses associated with leasing, equipping and staffing office space. Solution For nearly 20 years, Challenger has partnered with Regus to create a real estate program that is completely aligned with its business needs and objectives – one that eliminates any excess leases from the balance sheet. Regus workspace solutions have enabled the firm’s flexible business model to remain nimble as it took advantage of growing business opportunities. The company is currently using more than 30 locations with Regus. Challenger has the ability to quickly enter markets as a result of a variety of solutions offered by Regus, allowing the firm to secure office facilities on flexible terms that match their workspace needs to their business needs. Challenger Gray & Christmas case study “Any company that is looking for ways to be highly productive has to look at their real estate costs. Real estate has been so rigid for the last century that creating a flexible model takes on a new kind of creative thought. Before Regus we just rented out offices and had to pay for them then they sat empty.” John Challenger, CEO of Challenger, Gray & Christmas
  2. 2. For more information visit regus.com/corporate or call 855-REGUS-54 Regus Corporate Workspace Solutions is dedicated to helping global organizations realize the full potential offered by alternative working models. In short we help enable radical transformations in the way they do business. With a global network spanning 600 cities and 100 countries, we are the world’s largest provider of innovative workspace solutions. And by tailoring these solutions to our customers’ needs we enable them to grow revenues, reduce costs, increase profitability, become more agile and provide great working environments for their people. The world of business is changing, and so are the ways businesses work. Organizations are under pressure to do more than improve efficiency – they must increase productivity with fewer resources. This is why most of all Fortune 500 and FTSE 500 businesses are Regus customers. • Reduce infrastructure costs by up to 60% and remove leases from your balance sheet • Establish an instant presence in new markets • Empower your people, reduce their commute and increase their productivity • Provide globally consistent standards for your distributed workforce • Create great working environments for your people to collaborate and work more effectively. Enable professional mobile working practices, wherever your people are Rethink the way you work 1800 locations worldwide