• Marketplace
  • Resources
  • Business Directory
  • Events
  • Advertise
  • Brand Pulse
  • Publish a Press Release
  • Get the Newsletter
  • Contact
  • About Us
The FUTURE OF WORK® since 2003
Allwork.Space
No Result
View All Result
Subscribe
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
No Result
View All Result
Subscribe
Allwork.Space
No Result
View All Result
Advertisements
Nexudus - Tech Stack Lovers
Home Business

Why Are Flexible Workspaces So Valuable?

Cecilia Amador de San JosébyCecilia Amador de San José
February 13, 2019
in Business
Reading Time: 4 mins read
A A
the true value of flexible workspaces

One of the reasons flexible workspace is so valuable is that it has turned the workplace into a destination and an experience; a place where people want to go.

  • A huge range of businesses and industries now recognize the value of flexible workspace.
  • But why are flexible workspaces so valuable to people, companies, and investors?
  • The true value of flexible workspaces is that they enable better experiences that translate into productivity, creativity, and wellness.

Everyone’s talking about flexible workspaces: brokers, large companies, commercial real estate owners, REITS, investors, designers, among others. The question is, why? Why are flexible workspaces so valuable to people, companies, and investors?

Flexible workspaces are just like technology in that they are disruptive, but, more importantly, they are enablers. That’s where their value lies.

Advertisements
Workspaces Run Better On UltraSoftBIS

Enabler: “a person or thing that makes something possible.”

But, what exactly do flexible workspaces enable?

Advertisements
Yardi Kube automates flex and coworking operations

They enable collaboration

Flexible workspaces are diverse in that they are home to professionals from different industries and lines of work. Flexible workspaces enable collaboration because they provide a place where people are constantly exposed to new ideas and different perspectives. Moreover, flexible workspaces tend to have communal areas where users interact with one another; these interactions often transform into new partnerships, new work opportunities, new ideas, new clients, and even new team members.

They enable the attraction and retention of talent

By 2030, JLL predicts that 30% of corporate real estate portfolios will be comprised of flexible workspaces. Companies of all sizes have started to use flexible workspaces as a tool to attract and retain talent. Flexible workspaces are visually appealing and inspirational, they offer amenities that can improve the work experience, they allow companies to find talent in different countries and regions, and they empower individuals to work wherever and whenever works for them (a valuable perk among millennials and Generation Z workers).

Suggested reading: “Happier and Healthier: Shared Workspaces as a Recruitment and Retention Tool”  

They enable better company culture

The design of a workplace says a lot about a company’s culture. Flexible workspaces can improve company culture because they are designed to encourage collaboration and to improve a person’s overall workplace experience. Moreover, by allowing workers to work away from a company’s HQ, a company sends out a message that they trust their workers to get the job done regardless of where they are. Having teams based out of flexible workspaces improves company culture because it encourages team members to actively participate in the community and to engage in activities outside of work, which can help strengthen the bond between employees and which can also contribute to a person’s wellbeing (more on this later).

Advertisements
Nexudus - Tech Stack Lovers




They enable community

Community is one of the biggest selling points of flexible workspaces, especially coworking spaces. Flexible workspaces enable community through a variety of events and internal member portals. The goal of these spaces is to bring people together to facilitate and strengthen authentic connections between members. According to the Harvard Business Review, even if people don’t participate in all events and activities, they feel part of the community simply from knowing that “there is potential for interactions when they desire or need them.” Flexible workspaces enable community because they provide individuals with access to a network of support and professional connections.

They enable individuals to address mental health and wellbeing

Flexible workspaces actively promote wellness through a variety of programs and amenities like mediation and yoga sessions, access to gym memberships, healthy foods and snacks, workshops to help people deal with stress, and the like. Flexible workspaces are also a safe place where people can talk about mental health issues and battle loneliness. Moreover, these workplaces incorporate design elements that contribute to a person’s overall wellbeing, like natural light, ergonomic furniture, color psychology, and design that encourages constant movement throughout the day.

They enable choice

The modern workplace is about choice; it’s about balancing different types of environments within a given space. Flexible workspaces enable choice by allowing people to choose where and when they work from and by providing different work environments within the workplace. Most flexible workspaces offer a combination of private and open space, communal areas, breakout areas, meeting room areas, lounge areas, and event space. They also offer choice in lease length, cost, and additional services.  

More stories for you

How AI Is Creating a Profit Divide Among Coworking Operators

How AI Is Creating A Profit Divide Among Coworking Operators

1 day ago
IWG Partners With SmartLabs To Bring Flexible, Fully Managed Labs To Global R&D Markets

IWG Partners With SmartLabs To Bring Flexible, Fully Managed Labs To Global R&D Markets

3 days ago
Commuter Perks Go Plush As London Offices Add Sleep Suites And Saunas

Commuter Perks Go Plush As London Offices Add Sleep Suites And Saunas

3 days ago
Flexible Workspace Demand In U.S. And Canada Up 19%

Flexible Workspace Demand In U.S. And Canada Up 19%

4 days ago

They enable human-centric experiences

Flexible workspaces are paving the way in human-centric design; rather than the workplace being a place where people have to go, flexible workspaces have turned the workplace into a destination, a place where people want to go. This is the result of carefully thought-out and designed spaces that seek to inspire and motivate people. Flexible workspaces are sustainable, they address wellness, and they offer a seamless experience across all touchpoints.

The value of flexible workspaces is that they enable better experiences that translate into productivity, creativity, and wellness.

Advertisements
Subscribe to the Future of Work Newsletter
Tags: CoworkingWork-life Balance
Share5Tweet3Share1
Cecilia Amador de San José

Cecilia Amador de San José

Cecilia is an experienced writer and editor with a background in strategic communications. She has written articles for Allwork.Space on several topics, including the future of work, flexible workspaces, employee wellness., and more.

Other Stories Recommended For You

How AI Is Creating a Profit Divide Among Coworking Operators
Coworking

How AI Is Creating A Profit Divide Among Coworking Operators

byEmma Ascott
1 day ago

AI is driving a profit gap in coworking as data-savvy operators outpace competitors in growth.

Read more
IWG Partners With SmartLabs To Bring Flexible, Fully Managed Labs To Global R&D Markets

IWG Partners With SmartLabs To Bring Flexible, Fully Managed Labs To Global R&D Markets

3 days ago
Commuter Perks Go Plush As London Offices Add Sleep Suites And Saunas

Commuter Perks Go Plush As London Offices Add Sleep Suites And Saunas

3 days ago
Flexible Workspace Demand In U.S. And Canada Up 19%

Flexible Workspace Demand In U.S. And Canada Up 19%

4 days ago
Advertisements
Workspaces Run Better On UltraSoftBIS
Advertisements
Nexudus - Tech Stack Lovers

Unlock your competitive edge in tomorrow's workplace.

Join a community of forward-thinking professionals who get exclusive access to the latest news, trends, and innovations that are shaping the future of work.

©2024 Allwork.Space News Corporation. All Rights Reserved.

Exploring the Future Of Work® since 2003.

Advertise   Newsletters   Privacy Policy   Terms Of Use   About Us   Contact   Submit a Press Release   Brand Pulse   Podcast   Events   

No Result
View All Result
  • Home
  • Latest News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Podcast
  • Events
  • About Us
  • Solutions
    • Advertise | Media Kit
    • Publish a Press Release
    • Brand Pulse
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00