And without fixed desks and limited employees, businesses are paying leases for spaces that aren’t filled to their potential. Despite the informality of a flexible workspace, the implementation itself needs to be well-organized. Flexible workspace is a modern alternative to traditional offices, providing all-inclusive working space without the commitment, as it exists outside of the traditional rental market. A flexible workspace is a workplace designed to make the workflow in an office faster and more productive, without sacrificing the well-being of the employees. It can be a shared office space with a suite of conventional offices that you rent on an as-needed basis. Download: Flexible Workspace Guide. Over the last 10 years workspace environments and people’s approaches to work have changed. Required fields are marked *. Fixed amount of space: 2. , Facebook, Google, Twitter, and more. Oct 9, 2020 | Kathleen Hogan - Executive Vice President and Chief People Officer. A flexible workspace is a fully equipped office that provides businesses with a space to work in without the need for their own equipment or expenditure on set-up costs. So, what are the benefits of a flexible workspace? Employees who approach their job with a flexible mindset are typically more highly valued by employers. Flexible solutions for every business Work from anywhere, on any device – even offline – with tools to help you integrate, customize, and extend Google Workspace to meet your team’s unique needs. Your email address will not be published. At the core, these are both places for individuals and businesses to conduct work. Flexible short or long-term contracts: 3. However, for the majority of companies, 100% remote working is not a viable option. Facility Managers. , co-founder of flexible workspace FORA, “how people get excited working from home is a failure of the office.” Many of the top corporations in the world understand this revelation and are switching to flexible workspaces. IWG and WeWork remain the dominant parties, jointly controlling one-in-four flexible workspace locations and a third of all space on offer across the markets surveyed. The most common changes are – Flexible start and finish times Flexible Workspace -What are they and how do they deliver value? Flexible workspace is the umbrella term for offices that operate on flexible terms and have a wide range of services and perks included. In a sense, flexible workspace is every space these days. Our fully furnished and equipped offices offer immediate availability with flexible terms. Flexible workspace is the umbrella term for offices that operate on flexible terms and have a wide range of services and perks included. Private Flexible Workspace In coworking spaces, we’re expecting to see a rise in requests for private office space, as teams will be interested in having their own personal workspace to rent. This type of office space is fitted with basic equipment, like phone lines, desks, and chairs, a setup that allows employees who normally work from home or telecommute to have a physical office for a few hours every week or every month. The flexible workspace sector has ridden the crest of a wave for the past five years with global demand increasing by 50% and more market supply of flex space than ever before. Aside from the office itself, making a work environment more flexible may involve stepping out of your comfort zone in other ways. Log in. This could simply be a greater understanding of the market, or a particular deal from a flexible workspace operator. A flexible workspace is many things. A flexible workspace can mean a lot of things and is generally a blanket term for an office space that comes with creative desk options. Workplace flexibility is a strategy of responding to changing circumstances and expectations. For example, working at a desk in the office, or in a huddle space, office pod, or from the safety of your home office – employees are in charge of what is their workplace for the day. With a web demo, you will be sent a Zoom meeting invitation to discuss your needs and options online. Enrico Sanna, co-founder of flexible workspace FORA, thinks this is because the average office isn’t working for employees. Flexible Workspace gives you easy business planning and all of a traditional office's functionality, without the hassle and burden of setting it up yourself. Today, modern workspaces are adaptable, malleable, socially distanced,… flexible. We begin each project by seeking to understand what you want to achieve in the flexible workspace market. Ideally, the level of productivity is maintained or increased and is therefore beneficial to both parties. Thus, they’ll start their work on time or even a bit earlier in the morning. Flexible Workspace Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. Employee well-being. A flexible workspace is just about any place that lends itself to working in a flexible manner. Flexible workspace is also known as shared office space or flexispace. While getting out of a lease for the whole building is taunting, ending a lease for smaller offices is much easier. Fully furnished and pre-cabled: 2. Flexible workspace software these days is usually excellent quality, and a fast internet connection is now seen as an essential utility across all workspaces. The flexible workspace market by each region is later sub-segmented by respective countries and segments. Therefore, flexible workspaces give employees the freedom to adapt their environment to whatever fosters their innovation. Additionally, some of the best ideas come from teams rather than individuals. As we touched on at the beginning of this article, flexible workspace is an office concept that makes it easy for teams large and small to do two things: Work together on different tasks in the same general area Modify the space to allow these activities to take place Flexible office spaces have become the rage these days. But do you know what a flexible office space is? With a live tour, you will visit our location and tour in-person. Flexible workspace is a modern alternative to traditional offices, providing all-inclusive working space without the commitment, as it exists outside of the traditional rental market. Basically, it is turn-key office space that offers the flexibility for companies to rent and adapt their workspace quickly and … Additionally, some of the best ideas come from teams rather than individuals. This type of office space is fitted with basic equipment, like phone lines, desks, and chairs, a setup that allows employees who normally work from home or telecommute to have a physical office for a few hours every week or every month. Whether an individual works best lounging on a sofa or settled in an office with other colleagues, a flexible workspace can accommodate them all. Our survey of flexible workspace operations concluded that as at 1st July 2020 there were 1,300 operators managing a total of 6.0 million sqm across 3,300 sites. Small teams who might previously have utilised hot desking in a coworking space, might now look to rent a small office space to occupy. It’s more than just creating environments where employees are comfortable, happy and productive. Flexible workspace offers fully furnished serviced offices. First things first, a flexible workspace is simply an alternative to traditional offices. So, what are the benefits of a flexible workspace? Share on Facebook (opens new window) Share on Twitter (opens new window) Share on LinkedIn (opens new window) Over the past few months, we have learned so much about productivity, flexibility, resilience and compassion. 2020 to 2027 Workplace flexibility is where an employer and an employee can agree upon… Similarly, employers who cultivate a flexible work environment are attractive to employees. Flexible workspace: the term the industry uses to refer to any type of space outside of the conventional lease market. flexible workspace? Flexible workspace is essentially office space which enables you to move in and start running your business from day one, typically this is a serviced office solution catering for businesses of all sizes. Evolving with these changing needs, the flexible workspace industry is more poised than ever to continue its growth trajectory. programmed to work; not the way the company wants them to work. Whatever the space, we can connect you. It’s the staging area for a mass marketing campaign. Technological advancements had made flexible working possible before the pandemic. Building occupancy. If a team is comfortable enough to be engaged in a project and engaged enough to put forward their best ideas, the project is more likely to succeed. Usually, business-related services, such as faxing and printing, are offered onsite. You need designs that offer easy flexibility to cater to daily movement, various workflows, and collaboration. These corporations include. Office design isn’t just about the work—it’s about how that work gets done. The core areas (those areas that are essential to your business) are contracted on traditional fixed leases or other medium- to long-term agreements, but the … Even before the global pandemic, research showed that supporting a remote workforce yields economic benefits. The growth of flexible workspace is set to spread to new markets in 2019. In 2020, teams have been forced to … Flexible workspaces offer employees the freedom to create what they need to ignite their innovation. Technological advancements had made flexible working possible before the pandemic. A flexible workspace, on the other hand, allows you to work side-by-side with professionals from a wide variety of businesses. As mentioned above, fostering employee innovation is another key factor that enhances productivity. A flexible workspace can also be referred to as a shared office space or flexispace. As we all know, the workplace is changing rapidly and flexible workspace environments are now becoming one of the pre-requisites for the younger workforce to consider joining a particular organization. A workspace is a term used for the place in which you work, such as your desk in an office. Flexible workspaces are offices that can be rented on a flexible and inclusive basis- i.e. 1. It creates a connected culture: employees tend to stay connected with one another and find it easier to collaborate when they have a flexible work area. It is focused on providing employees with mobility to reduce the time needed to take in between office tasks. Different types of workspaces tend to include: Hot desks: non-fixed desks or workspaces that any employee can utilize Flexible workspace and you. While safety is of prime importance, companies are also looking for a workspace that is accessible and flexible. Get in Touch , “flexible spaces allow for a stronger social element to the working day.” We’ve been so used to working from an office that it took a lockdown for us to realize, that employees need something more than a formal office for them to be innovative and to think outside of the box. Oftentimes ending their workday later or finishing some minor tasks outside the “formal” work hours. Flexible Workspace is a provider of fully serviced offices and virtual offices in prime locations in Johannesburg, Midrand, and Durban. Private Flexible Workspace In coworking spaces, we’re expecting to see a rise in requests for private office space, as teams will be interested in having their own personal workspace to rent. Whatever the space, we can connect you. By leasing smaller offices, companies can further harvest the opportunities of switching them more often. Flexible office space is available for anything between one day and five years, is ready for occupation quickly, if not immediately, and involves minimal capital expenditure or upfront costs. Leases are flexible, so your business doesn’t have to … There are several types of flexible workspace types: Hot desks: non-fixed desks or … 1). Flexible workspaces are popping up everywhere, and there is a good reason they are on the minds of savvy entrepreneurs and businesspeople. Flexibility can mean different things to different people. Download: Flexible Workspace Guide. These corporations include Microsoft, Facebook, Google, Twitter, and more. Your email address will not be published. Flexible Workspace Platform • Return To Office Safely • Intelligent Desk & Room Booking • Social Distancing • Integration DNA • The New Normal. In 2020, teams have been forced to work from home due to the outbreak of COVID-19. 2020 to 2027 They are different to traditional ‘ leased ’ workspaces in the sense that everything to do with the running and maintenance of the building is managed by the office provider, so all occupiers have to focus on is the success of their business. With flexible workspace in place, businesses can move to smaller offices that are more optimized for keeping social distance and staying withing the health code. Embracing a flexible workplace. Flexibility means your conference room is more than a space for quarterly meetings. It stemmed from an opportunity to optimize vacant desk space in larger offices by way of sublets. The business centre concept was originally conceived in the US in the 1960s and was first introduced on this side of the Atlantic in the mid 1980s. Having employees who are willing to step outside their job description means … Flexible Workspace Market Size And Forecast. The type of flexible workspace a company needs depends on the type of business the company runs. Flexible Workspace and Serviced Offices Help Mitigate Risk Running an office space is a very expensive affair. Workplace flexibility is where an employer and an employee can agree upon changes to how, when and where an employee can perform their duties to meet the business demands. Over the last 10 years workspace environments and people’s approaches to work have changed. But what are the tangible benefits companies will see when transforming their workspace to a flexible one? Flexible workspace software these days is usually excellent quality, and a fast internet connection is now seen as an essential utility across all workspaces. By interacting with co-workers in different settings than usual, we are complying with their standards of an innovative workplace. Office design isn’t just about the work—it’s about how that work gets done. A flexible workspace is just about any place that lends itself to working in a flexible manner. So what makes flexible workspaces so great? What is a flexible workspace and what are its benefits? Booking tools such as Joan Desk Booking solution, bring clarity to somewhat relaxed workplace rules. Of the people who have been working from home due to the pandemic. Open plan setting: 2. Flexible workspace elements. Flexibility of a serviced office with the security of a traditional lease: 3. Flexible Workspace is a provider of fully serviced offices and virtual offices in prime locations in Johannesburg, Midrand, and Durban. What is flexible workspace? Flexible workspace operators will need to work on their technology infrastructure and they are expected to work more closely with landlords and investors in the future. It’s not the number of ideas that drives a company to succeed, it’s the quality of the ideas. And when you work in close proximity with experts in … Wherever you work and however the flexible workspace is defined, we can deliver a connectivity solution for it. Whether you're moving to a new space or redesigning your current one, transitioning to a more flexible design will yield benefits at any scale. With the ability to pop-in, plop-down, plug-in and get down to business, flexible workspaces are rising in popularity. Typically, flexible workspaces have desks that are available on an as-needed basis. So what makes flexible workspaces so great? A flexible workspace refers to coworking or shared office spaces where several freelancers, and startups, in addition to small, medium, and large established businesses share the same location as a place to grow their businesses. Next to those desks, employees can also book huddle spaces and office pods where they can work and brainstorm in a safe environment. Flexible workspace is essentially office space which enables you to move in and start running your business from day one, typically this is a serviced office solution catering for … Of the people who have been working from home due to the pandemic, nine out of ten would like to keep working from home in some capacity or another. It is focused on providing employees with mobility to reduce the time needed to take in between office tasks. If COVID-19 has taught us anything, it’s that most people enjoy not being in a typical office environment. ‘Flexible workspace,’ in the context of renting an office, means that space isn’t a rigid and set-in-stone choice layout. However, the key difference, and the reason they are called flexible workspaces is because they offer flexible, short-term leases on a rolling month to month basis. An office may include several flexible work areas or the entire workplace may benefit from a flexispace design. Our fully furnished and equipped offices offer immediate availability with flexible terms. A Flexible Workspace is a completely working, serviced office requiring limited set-up time and no set-up costs. Especially nova days, when contact tracing and social distancing is everything. This level of flexibility can vary depending on the company and what the workers require, but there are a few different types: Desk cleaning Contact tracing Social distancing. Flexible workspace has been around for decades now. On the other hand, a tech company like Microsoft has departments that do well in remote environments where the teammates learn everything from well-established processes and their treasure chest of documents. One way is to forge a powerful relationship with new technology in the office, using the newest and most efficient systems to make everyone’s job easier. People work best the way they’re programmed to work; not the way the company wants them to work. Get started with Joan Desk Booking solution today and grab your free trial. Flexible workspaces are a compromise and an asset. According to Enrico Sanna, co-founder of flexible workspace FORA, “how people get excited working from home is a failure of the office.” Many of the top corporations in the world understand this revelation and are switching to flexible workspaces. Thus, there should be no ambiguity on where someone is located and who has been in contact with them. Tailored workspace procured and managed by a single supplier: 2. With the ability to pop-in, plop-down, plug-in and get down to business, flexible workspaces are rising in popularity. for any duration: one month, one year or more. Here are some common features of flexible workspaces: 1). Flexible workspace is the umbrella term for offices that operate on flexible terms and have a wide range of services and perks included. Gone are the days where every employee spends all day in a stationary cubicle and has watercooler chats with their coworkers. But what is workplace flexibility? If COVID-19 has taught us anything, it’s that most people enjoy not being in a typical office environment. In this article we’ll take a look at what a flexible office is, along with elements that are included in most flexible office spaces. This leads to many employees working harder to deliver results on time and of superior quality. But do you know what a flexible office space is? Not to mention how easy it is to find a suitable workspace when you don’t need the entire building. For example, working at a desk in the office, or in a huddle space, office pod, or from the safety of your home office – employees are in charge of what is their workplace for the day. For AllOfficeCenters, “the term ‘Flex Office’ encompasses coworking, business centers, serviced offices, and space-as-a-service. 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