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Offices Will Be Reevaluated After The Pandemic Is Over

Business leaders all over the world are being forced to reevaluate their traditional workspace models in the wake of the coronavirus pandemic that has led millions of people to work from home.

In fact, several commercial real estate leaders have accepted the fact that this health crisis will significantly change how workspaces in the future are modeled. 

For instance, one Hong Kong-based global law firm said it was able to continue operating with less than 10% of its staff in the office for over a month. It is evident that several businesses operating with a traditional office model could tap into huge cost savings if they adopted more flexible work options.

Making sure office portfolios are able to scale down as needed, particularly under unprecedented circumstances such as coronavirus, will be key in the cost mitigation process.

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As companies make more of an effort to prepare for this type of crisis, it is likely that they will opt for workspaces services that do not require signing long leases and will allow them to become more agile.

The purpose of the office is no longer about sitting at a desk to do work — it is about how a space can be used creating a work environment that integrates virtual capabilities.

Moving forward, leaders will be using their CRE teams to focus on the “new normal” of work and require them to focus on remote working, utilization of space and geographical dispersal.

ABOUT Aayat Ali
Aayat Ali

Aayat is an editor for the Daily Digest based out of Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces. Feel free to reach out to her at [email protected] View all posts by Aayat Ali

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