The document discusses the rise in demand for flexible workspaces. It notes that both companies and employees now demand more from their workplaces in terms of flexibility. Flexible workspaces provide advantages like reduced costs, flexibility in leases, and a less stressful working environment compared to traditional offices. The document predicts continued rising demand for flexible workspaces and co-working spaces due to factors like the desire for work-life balance and reluctance of employees to return to offices full-time. It emphasizes that office layouts will need to change to accommodate social distancing and evolving employee preferences.
Rise in flex-workspace demand driven by company, employee needs
1. What are the causes behind the rise in flex-workspace demand?
Both companies and employees have come to demand a lot more from their
workplaces.
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2. Over the previous two decades, the workplace has seen considerable changes.
The office has evolved from being the all-encompassing 9 to 5 operator to a place
that gives flexibility, advancement, and much more. Today's employers and
employees are more advanced than their forefathers. Not only do their job
expectations differ, but they also want a lot more from the physical embodiment
of their work, in terms of 'office space.'
When it comes to flex-workspaces, where do they fit in?
By shifting to managed workspaces, new age businesses may save money and
provide their employees more flexibility. Companies have no idea what the future
holds in the current global environment. As a result, in these uncertain times, real
estate investment is a financial burden that most businesses prefer to avoid.
Leases in traditional workplaces are rigid, whereas managed workspaces provide
the required flexibility. Flexible workplaces provide for a less stressful working
atmosphere. There's no need to display tenant profiles or create pages of lease
conditions, partnerships, or management contracts. Flexible workspaces, on the
other hand, rely on the cornerstone of experience-based workplace to change in
response to the needs of the firm.
Flex areas provide a lot of advantages.
Right now, businesses are looking at flexible spaces as the most realistic
alternative. Following the pandemic, considerable demand has emerged,
particularly among new start-ups, directing capital and diversifying risk away from
real estate requirements. This also allows them to scale up and down in
accordance with their needs. Working with other start-ups helps entrepreneurs to
learn and acquire confidence in doing what they believe will help them
accomplish their objectives. 'Business IT' is becoming a segment for new-age
enterprises. As a result, they are more likely to collaborate with office space
providers to meet their technical requirements while also minimising operational
duties.
3. Predictions for the foreseeable future of flexible spaces
We predict demand in the start-up industry to continue to rise until 2022.
Globally, the recovery and expansion of the economy has been modest. As a
result, major corporations and MNCs have recognised the necessity to shrink their
corporate headquarters and shift to managed workplaces. This trend enables
huge corporations to increase their footprint in the populations they wish. The
involvement of freelancers has also been identified as a crucial element in
corporate interest in flexible workplaces. Companies are increasingly adopting
freelancers into their systems rather than recruiting full-time workers since more
and more freelancers are giving their skills to corporations at lower pricing.
Additionally, there is a tendency of employees reluctance to return to their
workplace cubicles, which is particularly noticeable in MNCs. Employees prefer to
work in their hometown rather than relocate to another place. If huge businesses
want to stay in business, they realise they need to recruit the best minds, but the
irony is that many of those same people prefer to work from home. The divide
between employees' demands for a flexible work environment and the
administration's urge to return to work has reached a breaking point, dubbed 'The
Great Resignation' season by the media.
If this tendency continues, we will see an increase in global need for flexibility. Co-
working spaces have become increasingly popular as a result of this community-
driven approach. At this moment, businesses are concentrating on responding to
the expectations of employees who have understood what true work-life balance
entails.
4. What is the best way to organise your workspace?
Because office workers spend a large amount of time there, how they organise
their workspace is critical. There are several sorts of workplaces available, and a
flexible workspace that allows workers to work in a variety of settings is generally
preferred.
It's critical to properly manage the move to a flexible workspace if you're
considering it. Speak with one of our specialists, see a demonstration of our
technology, and learn how to improve your workspace.
5. What role will office layout have in 2022
COVID-19 has sparked change, and your office will almost certainly need to be
rearranged to comply with social distancing requirements. In order to boost
efficiency, stimulate collaboration, and attract fresh talent in the long run,
businesses are beginning to see the value of having a flexible office structure.
In the near term, you'll need to figure out how many people you can comfortably
accept in your workplace at any given time. You might use a desk management
system to enable social separation by regulating space and capacity to handle this
successfully. You may improve productivity among your staff and adjust to the
'new normal' with little interruption by prioritising your office layout and altering
your environment with increased technology.
Working remotely during this period of transition can allow you to better
understand how your staff are using your space, which areas they return to, and
how they like to work. You may learn how to modify your workspace to meet the
demands of your workers using this workplace data information, and you can
evolve your workspace over time as demand changes.
6. shared office space
A workplace is a noun that refers to the area where you operate, such as your
office desk. A shared workspace is a collaborative working area that is used by
several persons at the same time.
The Most Effective Strategies for Creating Flexible Workspaces
You'll need to provide a few workplace perks that your rivals may not—beyond
free cappuccino—to retain and attract the best staff to your firm. Fully stocked
cafés, comfy lounges, and open places with soft flooring where employees may
stretch or exercise are the facilities that have the biggest influence on satisfaction.
Your company's attitude and basic beliefs should be reflected in the amenities
you pick. To promote a collaborative culture, for example, On each floor, you may
create a lounge. More active cooperation will be encouraged by convenience and
comfort. To boost productivity, you'll also need to make sure that office
procedures function properly. Employees who are happy are 12 percent more
productive than those who are unhappy.
7. Using Creative Work Zones to Engage Employees
Flexible workplace design boosts employee engagement on a daily basis. Allowing
employees to spend time outside of their cubicles, in areas that are more suited
to certain jobs, may boost morale and productivity. If a sales manager has to call a
customer, for example, she can go to a soundproof phone booth away from
coworkers' talk. She'll do the assignment considerably faster if there are no
distractions. Discover what your team requires to be more productive in order to
create specialised, creative work zones. Do employees require greater personal
space? Do managers and training teams require high-definition digital displays in
conference rooms? Is your café a good place for a group brainstorming session?
Each zone should be created with the work needs and comfort of your employees
in mind.
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