The world of work is changing at a dramatic speed. After the pandemic, the way we worked for decades was upended by work-from-home mandates. Now is the time to adopt the changes and change the way of working to the evolved needs of the employees.
After the pandemic, the co-working industry in India experienced a sharp increase in business. The co-working market in India provides a viable response to the immediate occupier’s wants and requirements at a time when businesses are attempting to find a balance between productivity and avoid cost overrun.
Neetish Sarda, founder of India’s largest Managed Workspace Platform, Smartworks, spread across 12 cities and 38 centres at all the prime location. He shares that the need for co-working space is at its prime right now. The future of workspaces is flex.
However, there are still some enterprises contemplating the need to switch from traditional methods to co-working spaces. Here is what Neetish Sarda has to say on the rising demand for co-working space in India. How it will be shaping workplace culture.
Co-working Space Represents a Growing Need
Neetish Sarda believes that there is a need. And it will keep expanding. Large and small businesses alike are familiar with the advantages of a globalised workforce and are increasingly hiring top talent from all corners of the world. Loneliness is by far the top issue that remote employees’ experience.
The aesthetic of the co-working environment, which blends the friendliness of a café or welcoming home with the energy and productivity of a busy office setting, is also appealing to many freelancers and remote employees. Co-working spaces are swiftly capitalizing on something highly important to many employees- Culture.
The Corporate Co-working Space Impact
Neetish Sarda shares that for many corporate cultures is yet another buzzword, however, it is so much more than that. Employees today seek a good and healthy company culture that can fuel their holistic growth.
Working out the cultural issue is crucial to the success of co-working spaces and happily. When done right, co-working appears to be improving corporate culture. Co-working spaces that house many different groups and solo firms make it a point to cultivate a culture that meshes and encourages other companies to get along with one another.
This reduces traits that interfere with others’ work while promoting traits that open up more opportunities in co-working environments. This involves a sound mix of flexibility and diligence, teamwork, inclusion, self-efficiency, and clear or effective communication.
Enterprises are no strangers to the benefits offered by co-working spaces and the challenges they are solving for them. Catering to the changing needs of the employees, co-working is a sure way to create a more employee-centric space. That can keep the enterprises engaged, along with making sure that the whole vibe of the place is focused towards productivity and creativity. Neetish Sarda believes that this is high time for enterprises to embrace the flexible work models driven to serve the new workforce.