‘Work’ as we know is coming to an end!

Welcome WORK 2.0 – the future of work with ever-evolving business requirements, facilitated by advancements in technology, newer means of collaboration and myriad ways to hack productivity. That is the reality of today and the direction most businesses are moving towards.

But it’s not just “work” that is evolving; so is the workforce and their expectations from their workplace. As per a survey conducted by Deloitte recently, it was found that today’s changing workforce believes in flexible workplace culture, one that supports greater productivity and employee engagement while enhancing personal well-being, health, and happiness. 

These needs can no longer be met by traditional office spaces – the dull and open-plan cubicle farms of the bygone era are no longer appealing to the young employees who want their workspace to be inspiring and flexible, beautifully designed, conducive to thinking and also a space that helps them perform tasks in the most efficient manner. 

To help bridge this gap, many companies (including startups, SMEs and large enterprises) are opting for coworking spaces. Today, these spaces are seeing a meteoric rise in utilization – going far beyond just offering artisanal coffee and nibbles, but bringing more productive ways of working. From lower operational costs, flexible tenure to all-inclusive amenities and a community atmosphere – such people-centric communal office spaces are reimagining the office experience and creating inspirational working environments for businesses of all sizes.

Wondering what makes coworking attractive?

Improved productivity

Research shows that working out of a coworking space has a positive impact on employees’ productivity levels with over 74% being more productive at work and over ⅔ of the majority feeling more creative. One of the main reasons for this could be the diversity of freelancers, remote workers, and other independent professionals working together in a shared, communal setting – working with other like-minded individuals creates an environment that provides motivation to excel. 

Spaces within CoWrks’ are designed to fuel this productivity through thoughtfully designed spaces and functional designs to keep you inspired all day long.

Flexibility to match the pace of growth

Working out of a coworking space also offers the flexibility to scale up (or down) as per one’s business requirements, without having to worry about expensive long-term leases. With the choice of getting additional seats, private cabins to a customized space tailored to the business needs, it does make coworking spaces the attractive choice.

We understand this crucial requirement of fast-growing businesses at CoWrks, which is why our contracts are tailored in a flexible manner where one doesn’t have to worry about long-term commitments – instead, grow seamlessly as and when the need arises.

Sense of community

Coworking spaces are built on the premises of collaboration and learning. One of the greatest benefits of joining a coworking space is feeling part of a community – with all sorts of professionals, startups, and small businesses working out of the same place. One can choose to grab this opportunity to mingle, be inspired, gain knowledge about a different industry or share ideas and visions and – who knows? – the next big business idea may be just around the corner.

Network and build connections

It goes without saying that networking and collaborating with other peers is one of the most notable benefits of working out of a coworking space. They’re the perfect place to expand your professional network, find new opportunities for growth, while also spreading the word out about your business. The person sitting next to you might be your client or your next investor.

CoWrks members can make the most of this by taking part in the numerous events we organise throughout the month at our centers – from networking and educational events, to recreational and utilitarian. Most of these events are free to attend for our members and a great way to get the conversation going.

The Verdict

In any case, coworking has been a game-changer and the flexible office space market is here to stay. If you’ve been thinking about changing offices to cater to the needs of the upcoming workforce, then we highly recommend giving coworking spaces a go. Come check out one of CoWrks’ beautiful workspaces in person and see how it can transform the experience for you and your team at work.

Click here to book a tour!