Why Corporates Are Moving To Coworking Spaces in Mumbai
When automation giant, Siemens opened its own coworking space this year, it brought to light the positive growth of coworking in the corporate world. It gave value to the fact that big companies are indeed adapting to the concept of coworking. According to Siemens, the goal of opening one was to anticipate the needs of an emerging workspace and create an environment where one can enjoy flexibility and adapt to the changing culture of work.
Although the concept of coworking is in demand today, it wasn’t the same a few years ago. Initially, coworking spaces Mumbai were created to change the way businesses were trying to establish themselves. Fast forward to today, now, you have tech giants spearheading the digital world where they are validating the benefits of co-working spaces. The primary reason for it being better space for growth, flexibility and better costs. They are also beginning to transition into these spaces, as an alternative to being based in traditional office settings.
Here are some reasons why big corporates are moving to coworking
Saving on costs
MNCs usually have strong guidelines when it comes to selecting an office space. Most businesses look to move into trendy modern workspaces that enable the right workspace for employees. In such office spaces, corporates need to invest in setting up and maintaining a space, which isn’t an easy job. It may also go beyond the budget, where the end result looks like a compromise on quality or design. Now imagine this: A workspace space that is already set up, its maintenance cost covered, while having the look and feel as any large corporate office or tech park. That’s where coworking space Mumbai come in! They offer fully-furnished spaces with AC, internet, meeting rooms, security, and other impressive amenities. Just rent out a workspace, focus on your growing business, while the coworking business takes care of the rest.
Accessibility and Autonomy
One of the major benefits of working in a coworking space as compared to a traditional office is the accessibility. Coworking spaces are accessible 24/7 giving members control over their workdays and hours. If one has to put in long hours, keeping in mind a deadline crunch, employees can stay back to get their job done. If the employee goes through the hem and haw phase, he can take a long lunch break or stroll in the common area, to feel refreshed.
Once provided with this autonomy, employees can feel trusted by their employers. Coworking space Mumbai facilities provide entrepreneurs, business owners and employees with this structure and discipline which a traditional office space doesn’t offer.
Building connections are one of the biggest perks at working in a coworking space. The plus side of working in a coworking space is that while it facilitates a space to think independently, it also creates a space to socialize. Perhaps, that’s the charm of it. Given that people of different companies will work under one roof, it makes it a perfect space of work environment and culture. Employees get to experience the best of both worlds which includes: a sense of belonging at the coworking space Mumbai and of bringing good relationships to their working lives and their companies. Working with like-minded individuals can make for a healthy work culture. Communities are the main reason why employees thrive in a healthy office space. Experiences aren’t just restricted to workstations – it is what you also do beyond projects you’re passionate about.
Many a time, generating new business leads and recruiting high-quality talent can be two central challenges for any organization. Coworking companies are good at mitigating these problems. The idea of having many different companies under one roof, combined
with emphasis on networking gradually leads to promising business relationships. One factor which makes coworking spaces a hotbed of innovation and collaboration is having talent under one roof. Today’s workers are increasingly seeking out collaborative, focus-oriented office spaces designed to improve productivity and catalyse growth. Co-working spaces undoubtedly fit the bill.
Improved Work Culture
MNCs and other big corporates grow constantly. The bigger the company, the more important is it to have a company culture. Company culture is more than just organizing games and including it in the ‘list of things employees do for fun’. Coworking spaces are natural breeding grounds for building relationships.
For starters, a coworking company works on researching a lot on what makes office environment and employees happy. In turn, they focus on building their office spaces to accommodate a healthy employee work culture. They provide social hubs, recreational rooms, gyms, common areas and to incorporate plants in their office space to mitigate work-related stress. By providing a good work culture it gives employees an opportunity to feel empowered and shine as individuals.
Companies should spark creativity and be a hub of innovation. This is why many companies are opting to have teams work at co-working space which creates a work culture that’s conducive for growth.
Experts believe that by 2030 co-working spaces will take over about 30% of all office spaces. MNCs are seeing co-working spaces as one of the best platforms for the exchange of work culture and knowledge, mutually benefitting both the coworking space and the MNC. Being a home-grown brand, Workafella understands the needs of its Indian workforce. That’s why it has created an emphasis on the business ecosystem with inspiring and empowering workspaces. Workafella offers energetic and vibrant work environments for daring thinkers and the doers! Space to work. Room to grow.