Whether to take up a shared office or a private office is one of the most important points of evaluation for all companies – whether it’s the early stage startups of today or large corporations.
The choice between both can be further evaluated by weighing the pros and cons of shared and private offices based on the company’s needs.
Growth is a universal goal for all companies – they all want to be scaling this path to get higher than where they are. While private offices would require a large amount of payment upfront and constant maintenance costs, it would take restrict the company’s growth. However, in shared spaces, you do not have to pay large sums, and you can easily upsize and downsize as per your requirements and budget in the long run – making it easy for you to focus what you are really there in your company for.
With coworking at the spearhead of the unprecedented revolution in the real estate industry, influencing the work conventions and environment of the corporate offices, ‘CorpoWorking’ is the future of a new corporate culture. The motion that helped in shifting the traditional outlook for offices to a co-working environment has made it’s way into the organisational setting.
Coined by LBMG Labs, “Corpoworking” is the corporate world’s take on coworking, aimed at providing employees a respite from a traditional office setup and engaging them in a coworking-like environment, redefining the meaning of a modern corporate phenomenon. The corpoworking concept isn’t needed to permanently enter the traditional work setup but can co-exist for an alternative, collaborative and pliable environment.
f there’s one common denominator that a lot of successful entrepreneurs share, it would be them taking the time to invest in themselves.
For one thing, they read books—lots of them! Mark Zuckerberg made it his New Year’s resolution to read a new book every other week with the intent of learning different histories, beliefs, cultures, and new technologies.
At this point, you’re probably wondering how he’s taking the time to read so much despite how busy he is running such a massive company, so what kind of excuse do we have for not reading?
39% of employees surveyed in a recent study felt that people within their organizations did not collaborate enough, while 86% of executives and employees “cite lack of collaboration or ineffective communication for workplace failures.”
While these statistics shed light on a need for more collaborative and creative offices, they have also led to one side learning from the other.
Large corporations like Google, Facebook and Virgin America have embraced this need and their office space reflects their ethos.
Office space and office culture, when deeply intertwined, can immensely affect employee attitude towards their company.
A 2014 study entitled ‘The relative benefits of green vs lean office space’ found that while the minimalist look might be the height of fashion, it was making most employees feel pretty low. Just adding some small personalized elements can hugely improve morale and productivity.
There was a time when a cubicle represented not drudgery and sameness, but freedom and individuality. As a reaction to this office environment, Herman Miller originated the first panel-based office plan, then called the “Action Office.” Designers Robert Probst and George Nelson intended the Action Office to be a space where efficiency and productivity could reign, without trampling the needs of the individual.
“New lifestyles prevail once we have replaced or “destroyed” the old ways of doing things.”
This is what we call Creative Destruction. On 10th September, 2016, Vikas Lakhani (Founder, InstaOffice) took the stage at the Coworking India Conference 2016 to shed more light upon how there could have never been a better time for Coworking to creatively destruct the Real estate Industry by creating value for both landlords and tenants.
Booming startups and their need to attract the best talent have strengthened the perception of money not being the sole source of employee satisfaction. Rather, it’s the little things the company does which add value to it!
Companies are increasingly becoming people-centric and the adoption of employee platforms is on the rise. Only some minor adjustments can easily achieve the happiness of a company. It is always beneficial for the founder to define the organisation’s work culture pre-emptively so that they don’t have to face future tussles within the system.
Startup Europe India Network (SEU-IN), a tech-corridor connecting the European & Indian digital markets, organized an European tech ecosystem delegation to visit the Delhi/NCR and Bengaluru startup hubs 17-20 October 2016.
As a part of SEU-IN’s Visit Startup India Journey, we held a pitching and networking session on 17th October at our Coworking space in Sector-32, Gurgaon.
With a rapid rise in cost effective and user friendly Coworking spaces, office goers are increasingly drawn to coworking in place of traditional offices. Coworking spaces come with a palette of economical benefits that are further enhanced with innovative value-adds offered by community and networking — Read more about how Coworking can be for you, here
But even the brightest of spaces can loose their gleam for some if the next-desk neighbor isn’t the cooperative kind. The secret to a happy coworking experience doesn’t just lie with the host, but is equally contributed to by the members. There is a silent set of rules, the unsaid do’s and don’ts that make the Coworking dream/deal every bit as juicy as it was intended to be.
We live in an era when a major chunk of our daily lives is spent at our workplaces. Our workplaces become our home away from home, and our co-workers are the people that we spend most of our waking hours with.
On average, an employee spends close to 50 hours a week at work. Given that such huge chunks of our lives are being invested in work, it is clearly important to figure out ways to stay happy at work.
While there are those that argue that personal relationships in the workplace can hamper efficiency and productivity, it is equally true that spending the majority of your day without friendly faces to look at and a mountain of work to deal with can be a recipe for depression and burnout. Such a situation can only lead to employees being miserable at work, and eventually dreading the idea of going to work.