MERV Rating

Minimum Efficiency Reporting Value, a measurement scale designed to rate the effectiveness of air filters.

Mission Statement

A mission statement is a concise explanation of an organization’s reason for existence, its core purpose, and its overall objectives. It describes what the organization does, who it serves, and how it creates value for its stakeholders. A mission statement is...

Objectives and Key Results (OKRs)

A goal-setting framework that involves setting high-level, aspirational objectives and then defining specific, measurable key results that will indicate progress towards achieving those objectives. OKRs are typically set and tracked on a quarterly basis, with frequent...

Occupancy

The use or intended use of a building, structure, or space.

Occupancy Rate

The ratio of used space to the total amount of space available.

Occupancy Sensor

A device that detects the presence of people to control lighting or HVAC systems.

Open Plan Office

An office layout where there are few or no enclosed private offices.

Organizational Culture

The shared values, beliefs, and norms that shape behavior and decision-making within an organization.

PESTEL Analysis

A framework for analyzing the external macro-environment of an organization, including political, economic, social, technological, environmental, and legal factors.