Shared workplace help businesses grow
As the long working hours comes to an end, groups of people wait in front of their buildings, hoping for a ride. While some might have their own cars, a number would be asking for a lift from ride-hailing companies like Grab and Wunder. This is how sharing economy works for consumers—gaining access to goods and services without the need to own them.
From ride-hailing services, sharing economy has penetrated various sectors such as property, fashion, education, healthcare, and retail goods. So much as the benefits it caters to the consumers, businesses are starting to realize the value of sharing economy, and eventually, move towards a culture of networking and collaboration.
For one, shared workplace is undergoing a rapid and unprecedented transition. Co-working is an emerging workspace model where diverse groups of freelancers, startups, and independent professionals work together in a shared, communal setting. Providing a flexible membership-based commitment, co-working spaces are a cost-efficient and effective way to help businesses grow.
Citing a recent study by International Workplace Group (IWG), parent company of Regus and Spaces, Regus Philippines country manager Lars Wittig noted that flexible work arrangements such as serviced offices and co-working spaces can improve business competitiveness to 94 percent and productivity to 93 percent.
It is no wonder that these spaces can be proving grounds for both growing and established businesses. However, the advantages of co-working spaces only start here.
Best chance to network and collaborate
Housing independent professionals across different industries and business niches, co-working spaces bring several skill sets under one roof. This gives the entrepreneurs and freelancers the unique opportunity to meet and learn from other business professionals.
While these spaces make it easier for professionals to grow and develop their network, shared workplaces also allow freelancers and remote workers to further hone and expand skill sets through valuable contacts. The communal setting of co-working spaces foster mutually beneficial business relationships and open the door for collaboration.
Being in a productive, high-energy environment such as communal spaces, it is easy to gain new inspiration, knowledge, and insights.
Taking control of the job
Co-working in a serviced office is all about flexibility. Without the rigid limitations of a traditional office, one is free to use a workspace only as much he wants to. One can opt for extra time to work in those days when the work burden is more, and work only for few hours when the work pressure is little less.
With a round the clock access to workstation, one can have this empowering sense of freedom and choice. This gives independent workers greater sense of ownership and responsibility towards their work, helping them build professional work habits.
Just as it encourages flexibility, co-working spaces also fosters self-discipline. This optimum combination is the prime key for businesses to thrive.
A more meaningful work
In conclusion, Wittig pointed out that working amidst people doing different kinds of work make one’s own professional identity stronger. There is no need to put on a work persona to fit in a pre-determined company culture since there is little direct competition.
Moreover, collaborative communities make the work more meaningful. In a culture where it is a norm to help each other out, there is an opportunity to contribute outside the scope of business. This creates an inherent feeling of being relevant not only of his work but also to others.
Being at the heart of a workspace that values the concepts of collaboration, community, mutual learning, and sustainability is more than just going to work. It is a progressive social movement that is both motivating and rewarding.
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