
Offering Best-In-Class Office Space Solutions will Boost the Entrepreneurial Talent in India


While technology has changed leaps and bounds, the physical infrastructure of the office has not changed much. Developers, designers need to be more aware of the changing dynamics and how people interact with the physical office space.Keeping mobility in mind within the office, there is no need for an employee to be confined to their desk to be productive, an employee can be equally productive sitting in the cafeteria, the break out area in the office or sitting in a Starbucks or at a remote office. There is no need for a team to be physically together all the time to work on a project, members can collaborate online to work on even very complex projects.
The young entrepreneurial talent of the country is already adapting very effectively, they are not tying up their seed fund in setting up an office instead hire co-working spaces. For those which are better funded, chose to hire a full fledged service office which gives them more privacy and high quality services to concentrate on their core business. The sudden burst of co-working spaces available at a very low cost clearly demonstrates and this is the future of working, the young creative work force does not want to be confined in the four walls of the office. They want flexibility to work. When they must meet a client they just hire a meeting room in facility and pay for it when and for whatever duration it is used. These shared spaces be a business centre or a co-working space also provide great networking opportunity, people find vendor’s, clients, co – founders and even funding at these places. The biggest value
these places add is that they let the user focus on their core business instead of them worrying about the upkeep, maintenance of the office or their internet connection,this gives clear focus on working on the core business.
Serviced office, business centres, co-working spaces, shared office are all different names to the same product, they offer flexibility and some thing every business should consider for the future. Yes, even the large business who take pride in setting up a very large campus. What varies is the quality of the product and service they offer. Compared to a hotel, all hotels be a 1 star of a 7 star basically offer the same product; a place to sleep; what changes is the quality of product and services they offer. Taking a literal comparison, a co-working space is like a dormitory where different people from different companies work in the same large hall. Where as a serviced office is a more like a star hotel where one would get a private room. Serviced office also offers different product and services like the quality of chairs, tables, coffee, internet speed, phone's, meeting rooms, washrooms, etc. Though some of the premium business centre's can be a bit expensive for a startup but one must weigh the benefits to cost and analyze accordingly if they require professional services and comfort which boosts efficiency.
The Future of Work Spaces
New work spaces are evolving and will change a lot more; offices spaces will become smart, users don’t need large desks any more as computer are getting smaller and desks going paperless, people use less landline phone and more mobile and Skype or Google hangout, which creates the need for smaller phone booth's than large meeting rooms. Work spaces need more break-out spaces with different seating a refreshing design that’s where ideas are shared and people meet. People seldom meet in large groups most of the daily meetings are 3-4 people, which creates the need for smaller meeting rooms. People will value a faster internet connection and a good cup of coffee than storage space. The Architects need to be aware of this and change their concepts and designs. Internet Of Things (IOT) will take control of offices.
With this approach business will hire talent where it's available and not be restricted to the talent available in the city where their office. From the business’perspective, they have less hassle of renting,fitting out and managing an office which is a big drain on the cash and can use this spare money for growth of the business, they don't need to hire an admin team or facility managers, no parking spaces, the work load with HR will reduce. The spend on up keep and maintenance of office will reduce and at the same time the productivity of the teams will increase and employees will be happier at work and they will still have a profession office which is better than work from home which studies prove is very unproductive.
After the young entrepreneurs are gearing up to adopt this massive change at work, even large corporates have realized and accepted this new trend and gradually changing working style.
Serviced office, business centres, co-working spaces, shared office are all different names to the same product, they offer flexibility and some thing every business should consider for the future. Yes, even the large business who take pride in setting up a very large campus. What varies is the quality of the product and service they offer. Compared to a hotel, all hotels be a 1 star of a 7 star basically offer the same product; a place to sleep; what changes is the quality of product and services they offer. Taking a literal comparison, a co-working space is like a dormitory where different people from different companies work in the same large hall. Where as a serviced office is a more like a star hotel where one would get a private room. Serviced office also offers different product and services like the quality of chairs, tables, coffee, internet speed, phone's, meeting rooms, washrooms, etc. Though some of the premium business centre's can be a bit expensive for a startup but one must weigh the benefits to cost and analyze accordingly if they require professional services and comfort which boosts efficiency.
The sudden burst of co-working spaces available at a low costs clearly shows that it is the future of working, as the creative work force today do not want to be confined in the four walls of the office
The Future of Work Spaces
New work spaces are evolving and will change a lot more; offices spaces will become smart, users don’t need large desks any more as computer are getting smaller and desks going paperless, people use less landline phone and more mobile and Skype or Google hangout, which creates the need for smaller phone booth's than large meeting rooms. Work spaces need more break-out spaces with different seating a refreshing design that’s where ideas are shared and people meet. People seldom meet in large groups most of the daily meetings are 3-4 people, which creates the need for smaller meeting rooms. People will value a faster internet connection and a good cup of coffee than storage space. The Architects need to be aware of this and change their concepts and designs. Internet Of Things (IOT) will take control of offices.
With this approach business will hire talent where it's available and not be restricted to the talent available in the city where their office. From the business’perspective, they have less hassle of renting,fitting out and managing an office which is a big drain on the cash and can use this spare money for growth of the business, they don't need to hire an admin team or facility managers, no parking spaces, the work load with HR will reduce. The spend on up keep and maintenance of office will reduce and at the same time the productivity of the teams will increase and employees will be happier at work and they will still have a profession office which is better than work from home which studies prove is very unproductive.
After the young entrepreneurs are gearing up to adopt this massive change at work, even large corporates have realized and accepted this new trend and gradually changing working style.