Is your understanding of a managed workspace shaped by what you read in the headlines? If so, you might think that managed spaces are noisy and full of start-ups and tech bros working in massive shared buildings.
This is simply not true.
Coworking is appealing not just to freelancers but also to start-ups, SME’s and surprisingly large corporations too. While start-ups and SME’s vouch for coworking to meet their goals of cost-effectiveness, access to amenities, networking with the best minds, all under one roof, corporates too have realized manifold gains.
What Do the Trends Say?
Across the US alone, nearly 27million sq. feet of area is dedicated to co-working spaces. Statistics peg the number of managed workspaces at a whopping 14,411 across the world.
But Asia is not far behind.
According to CBRE research, the APAC region has had a staggering investment of $3 billion in managed spaces. As the start-up community in India keeps burgeoning, the demand for managed workspaces continues to rise with approximately 13 million individuals estimated to opt for managed spaces by 2020.
In fact, you’d be surprised to know that India is only second to China when it comes to flexible working spaces in the Asia Pacific.
Managed Workspaces Are Rewriting Conventional Rules
Before the concept of managed workspaces came into being, entrepreneurs had to turn to executive suites, business centers and telecentres for accessing office facilities in key locations.
For those of you not quite familiar with the ‘managed workspace’ concept, it is primarily a social assemblage of a group of people working independently but under the same roof. This group of people derives their efficiency and optimum deliverance of their talent from working together with like-minded people but is involved in diverse projects.
At present, managed spaces are combining collaborative or social aspects with material design and general aesthetic of the spaces, along with function and purpose.
A far cry from working in isolation, yet not committed together to a similar organization, co-workers are emerging as an emotionally and socially healthier lot of this century.
But, do you know what the greatest benefit of all is? It is the ability of professionals with independent knowledge and complementary skills to be able to connect with one another and help each other’s business grow.
Worried That Someone Might Steal Your Ideas?
Meeting people with similar ambitions and interests is one of the perks of working in managed spaces. You’ll meet entrepreneurs like you who are working hard to get their business off the ground. As you see them every day, it is common to discuss ideas with each other.
The majority of professionals that work in these environments are well aware of the potential of collaboration, cooperation, mutual support, and social connection. They experience it every single day at these managed workspaces which in turn unlocks the power of community at these coworking spaces.
This is emphasized further by studies at Harvard University, the London School of Economics, and other subsequent research that has recognized the root cause of happiness in developing socially rich relationships and meaningful bonds.
Take a look at these tips to build and create stronger managed workspace communities.
Peers Help Shorten the Learning Curve
Even though the traditional adopters of this concept have been start-ups, the big-wigs are also catching up. The likes of Amazon and Starbucks are the frontrunners in this trend. And it is not just about cost-savings alone. Working next to young, energetic and like-minded individuals goes a long way in upping the productivity quotient and overall employee satisfaction.
What is in a name, one might ask! Catchy terminology that instantly conveys collaborative working will hold sway. Notwithstanding, the managed workspace will seek to be all that it epitomizes, enabling total freedom in every sense.
Managed workspaces emphasize establishing a community-based environment and that is why the start-ups and companies are making it their first choice.