When referring to coworking, the first word that might come to mind is “startup” or a group of hip millennials sitting around on second-hand furniture in a shared space. But think again. While the truth remains that many startups and freelancers work out of coworking spaces, today’s professional coworking spaces attract a diverse array of companies and individuals as members.
Corporate coworking is on the rise. Across the past decade, workspaces have continued to change dramatically. Increasingly more individuals are looking for increased flexibility in their lives and work. The rapid developments in technology have also facilitated us to move away from the traditional workspace popularly known as ‘9 to 5’ lifestyle.
“Coworking” is typically looked at as a membership-based workspace where various groups of freelancers and other independent workers work out of a shared, communal setting. As these alternative workspaces have matured in their approach, they’ve started to attract large enterprise clients who see these spaces as a profitable answer to some of the tough challenges they face.
Most coworking spaces provide chic environments with amenities like 24/7 access, custom coffees and teas, cafes, high-tech security, private offices, workout facilities, high-end furnishings, etc. leaving even large companies spoilt for choice. But aside from comfy chairs, cool office design, and excellent snack bars, coworking also embodies independence, flexibility, and collaboration.
Coworking spaces are recently seeing a growing trend of technological giants taking advantage of the benefits available. A few like IBM, Microsoft, and Verizon, are even testing the use of coworking spaces for employees so they can be close to and easily interact with other innovative startups.
These large enterprises have good reasons for making a move into coworking spaces.
Let’s look at the top 3 reasons why you should also look into the same:
- Spark Collaboration & Innovation
Coworking environments intentionally move away from the traditional office space to facilitate partnerships and cultivate a community of like-minded individuals where open communication is encouraged.
As your employees start to mingle outside of the company office, collaboration becomes a beneficial side effect. Coworking spaces are workspaces to many entrepreneurs and specialized teams, so the possibilities of conversing in the common pantry area over lunch or morning coffee and leading to a possible new business collaboration are pretty high.
- Establishing Strong Company Culture
While all employees need a space that is conducive to productivity, there is nothing worse than a bare white-walled space to depress the working atmosphere. When you choose to make coworking spaces a part of your company culture, your employees get the chance to work in a space designed to foster creativity, support communication, and encourage independence of thought.
Your employees will appreciate you for it, and you will eventually thank yourself too when efficient results start emerging. Don’t forget! Happy employees = productive employees.
- Save Money With “Workspace As A Service.”
Plug and Play spaces aren’t just cost-effective for solo-entrepreneurs renting out one desk; they can also save larger companies’ costs. The savings come when you consider all the facilities that a coworking space provides you – cleaning, utilities, maintenance, shared office resources (like printers!), reception, decor, furniture, and most times even extra amenities like state-of-the-art coffee machines.
The convenience being, companies regardless of their size, don’t have to hire a receptionist, an IT guy, a cleaning service, or a maintenance team. This allows them to direct their thought-process and energy towards what is the priority — which of course is their business.
Another benefit that coworking provides is that you don’t have to take the plunge into a long-term commitment if you’re not ready yet. Many spaces will offer flexible packages. This works out to be an efficient way of testing to see if coworking is suitable for your business.
In any capacity, utilizing coworking spaces as an enterprise is a valuable solution, providing the accessibility that employees want within a professional office environment.
Are you also ready to add your business to this list? opt for a shared workspace today and make the first step towards greater business flexibility. Check out our modern shared office spaces for rent in Mumbai and across other key locations in Bangalore, Chennai and Hyderabad. Book a tour today!