Where your workforce operates is a huge determinant of its productivity levels. Workforce requirements evolve based on locations. That’s why the big companies always opt for grand locations to build their offices. For smaller businesses, throwing away money on grand locations isn’t a realistic option.
The key question business leaders need to ask themselves is – “How can I leverage my business location to make office work more fun for my team members while creating more value for my company?” Many top start-up leaders have answered this complicated question with three words – flexible work space.
What is a Flexible Office Space?
Flexible office space is a shared workspace where multiple small or mid-sized businesses can operate cooperatively. These workspaces are designed to be cost-efficient. Hence, these types of arrangements allow companies to scale up or down in the most cost-effective and convenient ways.
This office space model replaces the concept of paying high fees for a fixed number of cubicles every month. Instead, business owners receive reasonable package rates that can be negotiated as per immediate business requirements.
For instance, if a company leader wants to execute a versatile policy of hosting collaborative brainstorming sessions in multi-faceted meeting rooms right before a product is about to be launched, he or she can rent a flexible work space temporarily.
In this temporary office space, the employees will find –
- Basic furniture items (desks, phone lines, computers, etc.)
- Free reception facilities
- Active Wi-Fi connections
- Pantries, coffee machines, etc.
- Separate meeting rooms.
- Multifunctional rooms for collaborative discussions.
Sourcing these facilities is very difficult. Business managers can end up spending weeks or even months finding and preparing an efficient office space that’s ready to be used at any time. They could and should be spending that time focusing on business-related decisions and topics.
That’s why flexible office spaces that are available at reasonable package rates immediately boost the workforce’s productivity levels. Employees only need to relocate to the new workspace. After that, all the amenities and facilities they need are prepared in advance, and the whole team is ready to jump back to work.
Some other ways in which flexible office spaces help boost workforce productivity include –
- Inflexible office spaces, multiple companies operate in the same building, sometimes on the same floor. There’s an energetic work environment in the building that encourages innovation and collaboration.
- Businesses that need to be agile can benefit a lot by adopting a flexible approach to workplace design. For example, if a small-scale company needs to provide additional workspace for its employees, opting for flexible office spaces helps them make the transition from the old office to the new one in an effortless manner.
- There are no added responsibilities for the business managers. Managing facilities, providing amenities, designing the office space, etc., are all responsibilities that the office space provider oversees.
Be it mitigating the risk of signing a long-term lease for expensive office spaces or meeting employee expectations by giving them access to appealing office spaces – the flexible office space model certainly helps company leaders make their workforces more productive both directly and indirectly.