WORK FROM home or back to the office — the debate still rages. While work from home, or WFH as is common parlance now, was a panacea for workflow disruption, companies are acutely aware of the toll it has taken on mental health, collaboration, performance management and, most importantly, the work culture at their organisations. A recent survey by real estate consultancy firm CBRE showed that while the “purpose” of an office may have changed, the relevance of a physical workplace remains undiminished.
The compromise so far has been a hybrid working model, with some employees trudging back to offices and the rest working from home. But, as the pace of vaccination picks up, companies are gearing up to bring back more of their employees into a physical workplace. Only, it may not necessarily be back to their office. Instead, the coworking space is becoming an increasingly attractive proposition.
The strategy around new workplace models is now centred on flexibility, to balance employee satisfaction with business requirements. And this is the biggest reason why, after a year-long lull, coworking space operators are bullish. Indian coworking firms have been bulking up, with nearly 75,000 seats leased this year. Their flex stock, an industry term for a coworking space, currently stands at 36 million sq. ft, up from 31 million sq. ft last year, according to CBRE, and is expected to grow by 10-15 per cent annually over the next three years.
Esta historia es de la edición September 19, 2021 de Business Today.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición September 19, 2021 de Business Today.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
The EV Craze
The country’s growing luxury car market is seeing a shift with environmentally-conscious consumers betting on electric vehicles as a sustainable travel option. Though just 6%, the share of EVs in the luxury segment is rising rapidly
The Storage Boom
Data centres are being built at a frenetic pace in india as companies scramble to meet the ballooning demand from mobile phone users and firms adopting al. Can the country’s energy infrastructure keep up?
India Beckons
Owing to rising incomes in India and overall wealth expansion, luxury brands are wooing the country like never before
The Pearls of The Sea
Caviar, that rare food, is considered the epitome of fine dining. Here is everything that you need to know about it
66.Brand persona should define the core"
I’d say this was a strategic pivot. We had an iconic brand, but had, over time, evolved into diversified lines of businesses that could no longer be represented within the confines of our ‘name’.
Unwind in Style
Here is acomprehensive list of top tech picks that help you unwind by blending perfection in performance with luxury
A Lifelong Affair with Inspiration
In my art journey, the diversity of my acquisitions mirrored the expanding horizons of my understanding of art
Make it Bubbly
Champagne is much more than just a symbol of celebration and success. Know about its nuances beyond the bubbles
Palatial Splendour
Buoyed by renewed demand, sales of the glitzy mansions of the ultra-rich are surging like never before. Real estate majors are looking to capitalise on this by launching luxury offerings in record numbers
Of Beaches and Cream
GianChand Single Malt Whisky