For example, a financial firm may receive confidential phone calls or deal with sensitive content, requiring the majority of employees to have secure cloud access and even private calls. Flexible workspace is also known as shared office space or flexispace. According to JLL’s report titled: A 360⁰ view of India’s flexible workspaces, in the first nine months of 2020, the Indian flex space market witnessed a net absorption of more than 17 million sq ft. Wherever you work and however the flexible workspace is defined, we can deliver a connectivity solution for it. It stemmed from an opportunity to optimize vacant desk space in larger offices by way of sublets. In 2020, teams have been forced to … However, for the majority of companies, 100% remote working is not a viable option. Oftentimes ending their workday later or finishing some minor tasks outside the “formal” work hours. The most common changes are – Flexible start and finish times This could simply be a greater understanding of the market, or a particular deal from a flexible workspace operator. Flexible Workspace Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. Other flexible workspace providers are partnering up with landlords through an operator’s own branding, or “white label” spaces with no provider branding that allows the flexible workspace to appear integrated with the landlord’s offering. Bill-back enablement Integration FM systems Occupancy by department. It’s not the number of ideas that drives a company to succeed, it’s the quality of the ideas. Technological advancements had made flexible working possible before the pandemic. However, the key difference, and the reason they are called flexible workspaces is because they offer flexible, short-term leases on a rolling month to month basis. Flexible workspace has been around for decades now. While flexible workplaces include the essential elements of traditional offices, they’re practicality is forward-thinking. The flexible workspace sector has ridden the crest of a wave for the past five years with global demand increasing by 50% and more market supply of flex space than ever before. Human Resources. And when you work in close proximity with experts in … By leasing smaller offices, companies can further harvest the opportunities of switching them more often. Typically, flexible workspaces have desks that are available on an as-needed basis. But what are the tangible benefits companies will see when transforming their workspace to a flexible one? A flexible workspace can mean a lot of things and is generally a blanket term for an office space that comes with creative desk options. As we all know, the workplace is changing rapidly and flexible workspace environments are now becoming one of the pre-requisites for the younger workforce to consider joining a particular organization. Technological advancements had made flexible working possible before the pandemic. Usually, business-related services, such as faxing and printing, are offered onsite. Here are some common features of flexible workspaces: These corporations include. Gone are the days where every employee spends all day in a stationary cubicle and has watercooler chats with their coworkers. We begin each project by seeking to understand what you want to achieve in the flexible workspace market. You need designs that offer easy flexibility to cater to daily movement, various workflows, and collaboration. Private Flexible Workspace In coworking spaces, we’re expecting to see a rise in requests for private office space, as teams will be interested in having their own personal workspace to rent. For AllOfficeCenters, “the term ‘Flex Office’ encompasses coworking, business centers, serviced offices, and space-as-a-service. By interacting with co-workers in different settings than usual, we are complying with their standards of an innovative workplace. A 2019 study by the Centre of Economics and Business Research (CEBR) found that flexible work models have a positive economic impact on individual businesses, as well as local and global economies. However, for the majority of companies, 100% remote working is not a viable option. IWG and WeWork remain the dominant parties, jointly controlling one-in-four flexible workspace locations and a third of all space on offer across the markets surveyed. Flexible workspaces are offices that can be rented on a flexible and inclusive basis- i.e. With a web demo, you will be sent a Zoom meeting invitation to discuss your needs and options online. Employees who approach their job with a flexible mindset are typically more highly valued by employers. It can cover areas such as size, location, cost, term or speed of occupation. Our survey of flexible workspace operations concluded that as at 1st July 2020 there were 1,300 operators managing a total of 6.0 million sqm across 3,300 sites. What’s more, the availability of each space can be checked from an app or a computer, empowering everyone to book a desk with their tool of choice. flexible workspace? Office design isn’t just about the work—it’s about how that work gets done. They can easily review documents and jump on a call for a brainstorming session (or just talk about it in MS Teams). Whether you’re travelling, shopping, eating, or drinking a cup of coffee, chances are you are using a flexible workspace – or initiating one – because you are probably working on a hand-held, laptop, or wearable device that renders you as flex-working. Even before the global pandemic, research showed that supporting a remote workforce yields economic benefits. A flexible workspace is a workplace designed to make the workflow in an office faster and more productive, without sacrificing the well-being of the employees. Desk cleaning Contact tracing Social distancing. Next to those desks, employees can also book huddle spaces and office pods where they can work and brainstorm in a safe environment. Download: Flexible Workspace Guide. Dedicated phone number answered in your company’s name: 2. Booking tools such as Joan Desk Booking solution, bring clarity to somewhat relaxed workplace rules. This type of office space is fitted with basic equipment, like phone lines, desks, and chairs, a setup that allows employees who normally work from home or telecommute to have a physical office for a few hours every week or every month. Workplace flexibility is a strategy of responding to changing circumstances and expectations. Employees oftentimes feel they need to prove that work from home can be effective, and justify the flexible arrangement. Flexible workspaces are a compromise and an asset. Required fields are marked *. Just come in, get comfortable and concentrate on running your business. As we touched on at the beginning of this article, flexible workspace is an office concept that makes it easy for teams large and small to do two things: Work together on different tasks in the same general area Modify the space to allow these activities to take place Download: Flexible Workspace Guide. Whatever the space, we can connect you. They’re incredibly well suited to growing businesses because you can usually scale up at … So what makes flexible workspaces so great? According to Forbes, “flexible spaces allow for a stronger social element to the working day.” We’ve been so used to working from an office that it took a lockdown for us to realize, that employees need something more than a formal office for them to be innovative and to think outside of the box. It can be a shared office space with a suite of conventional offices that you rent on an as-needed basis. A flexible workspace is just about any place that lends itself to working in a flexible manner. In a sense, flexible workspace is every space these days. On the other hand, a tech company like Microsoft has departments that do well in remote environments where the teammates learn everything from well-established processes and their treasure chest of documents. Our fully furnished and equipped offices offer immediate availability with flexible terms. Private Flexible Workspace In coworking spaces, we’re expecting to see a rise in requests for private office space, as teams will be interested in having their own personal workspace to rent. Whether you’re travelling, shopping, eating, or drinking a cup of coffee, chances are you are using a flexible workspace – or initiating one – because you are probably working on a hand-held, laptop, or wearable device that renders you as flex-working. Therefore, flexible workspaces give employees the freedom to adapt their environment to whatever fosters their innovation. This leads to many employees working harder to deliver results on time and of superior quality. Flexible workspaces are popping up everywhere, and there is a good reason they are on the minds of savvy entrepreneurs and businesspeople. Your email address will not be published. Despite the informality of a flexible workspace, the implementation itself needs to be well-organized. 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