Tag Archives: coworking office space

Solving the Snag with Smartworks: High Rent

Coworking has exploded globally over the past couple of years. Recent coworking stats show that there are currently 1.69 million people working in coworking spaces worldwide. A whopping 33% increase from 2017 is a clear indicator of a coworking becoming ‘the place’ to thrive. With the largest coworking companies securing several million dollars in funding and new players entering the market, there have been a host of options for decision-makers to choose from.

However, the number of desks taken by a majority of independent firms haven’t been massive. According to recent coworking stats, 52% occupy a mere 0-50 desks each. The question is why? There is a common understanding that coworking spaces are mostly dominated by either a startup with a handful of employees or self-employed and freelancing professionals with a lack of large corporations. On the contrary, there has been a surge in the occupancy rates of both the categories yet the stark difference between them is the ‘price’. Every business has different needs and operates on different costs, so a higher price per desk may not be suitable for everyone. That said, coworking spaces aren’t pricey unless one opts for the fancier spaces. Most coworking spaces offer a myriad of facilities, albeit the ‘fancy’ ones offer some extravagant amenities which is why they come with a hefty price tag. Most of the time, such luxury is a tad bit unnecessary. It might suit one business but can be completely redundant for the other. So, before zeroing in on a workspace, one must differentiate between the needs of its members and business. Regardless of a startup with employees or a self-employed individual, there are coworking spaces that fit every budget and need.

At Smartworks, we offer select plans that include expanded bandwidth and dedicated private offers that attract all types of clientele to space. With fully-customisable workspaces, one can choose what goes into their bill without compromising on any of the facilities. From a smart suite, a nonintrusive office space that shadows your business’ ethos, to a smart cube, a space with the best of both worlds- private, with the benefits of networking as well. There is an option to suit every need. Moreover, regular interactive events, a free-flow of roasted coffee and an easy vibe at the cafeteria offer a much-needed breather from mundane work. Most importantly, we believe in the power of coworking spaces and want to provide the best experience to startups and large firms alike. Our aim is to help companies thrive off the productive energy of such spaces and focus only on scaling their business.

 

Co-working Spaces Will Evolve in 2020

A Great Flexible Workspace Experience Fosters Talent Retention

The way people work is going through a rapid transition as more and more enterprises are moving away from the traditional office space setup. The millennial workforce of today demands an unmatched office experience complete with corporate training workshops and recreational activities. Enterprises value the opinion and the feedback of their employees and treat it as an utmost priority to provide them with a nurturing flexible workspace that meets both their personal and professional goals. Coworking spaces have emerged as leading collaborative workspaces that provide a productive work environment and recreational activities for a perfect work-life balance. Most of the large enterprises and SMEs are relying on shared coworking space providers for a great workspace experience. This is how best coworking space providers help enterprises in retaining talent:

Configurable workspaces for maximized comfort

Most enterprises are always on the lookout to invest in flexible workspaces that are configurable to provide the utmost comfort to their employees. Constantly reviewing staff preferences, workspace needs and wants regarding the lighting, ventilation and varied seating options can help create a conducive flexible workspace for employees which will directly impact their productivity levels. Enterprises are shifting towards coworking spaces that provide agile workspaces with design flexibility, sit-stand desks, and gaming zones for recreational purposes among other amenities.

Flexible Working Schedules

The millennial workforce of today demands a flexible work schedule and does not restrict the clock-in clock-out mindset. The enterprises value employee work preferences and try and accommodate them, it is here that the coworking spaces come in play. Most of the shared office space providers are operational 24×7, enabling enterprises to have flexible working shifts. Such working flexibility enables employees to have a perfect work-life balance and ensures employee happiness and retention.

Increasing focus on health and wellness

Most of the employees spend about 60% of their waking hours at work, which means that workspaces have a major contribution towards employee wellbeing. Workspaces alter the way employees lead their lives as they have a huge impact on shaping employee lifestyle, eating habits and overall wellbeing. Most of the coworking spaces have gaming and recreational zones within their premises to enhance employee fitness and wellbeing.

Skill development workshops

Employees often seek opportunities for technical, financial and behavioral skill development at work. Coworking spaces provide enterprises with comprehensive skill development workshops for their employees. Such workshops add to the existing skill sets of the employees and equip them with the latest knowledge of their field and maximize their performance.

Coworking spaces are constantly modifying how people work and helping enterprises empower their employees while adding to their overall wellbeing. With the recent workspace renaissance, enterprises are moving away from traditional workspaces and putting employee experience as their topmost priority. Coworking spaces are enabling enterprises to proactively re-designing flexible floor/workspace plans and effective technology integration to maximize productivity. Most coworking spaces are not just an office space for rent but deliver an unmatched office experience, complete with state-of-the-art meeting rooms, recreational areas, gaming zones, rage rooms, cafeterias among other amenities. The best coworking spaces are helping enterprises alter the office experience of their employees by maximizing their employee satisfaction and increasing their employee retention.

best workplace

Building a Workplace (Co-working Office space) That Works

Fun. Inspiring. Productive. Engaging. If you wouldn’t define your office space with any or all of those terms, then there is definitely something not right with your co-working office space.

There are multiple reasons to push each one of us off balance at work. For some, it could be the slightest commotion, like swinging doors or talkative employees, while for others, it could be disruptions like unplanned meetings or frequent discussions. However, the one thing that distracts almost everyone is the dull or boring workspace. There are numerous reports, indices, and studies such as Gensler’s Workplace Index, The Leesman Index,  Steelcase, and others that explore the relationship between the office space and business performance metrics, productivity, and what employees value.

As per these reports, co-working office space is strongly correlated to employee productivity and performance and even a small shift can have a dramatic impact.

This physical workspace is the one we see, touch or smell. It could be the art that hangs on the walls, the office floor plan, a colleague sitting next to you, and any other perks we might get in form of catered meals in a beautiful cafeteria, an on-site gym, or a video game area that we (employees) can use to unwind a bit.

But before reading on, think for a minute about your co-working office space and how it makes you feel. Do you get excited and energized or do you feel as if you are walking into a hospital or a doctor’s office?

If it’s the latter, then there is some learning to pull out from some of the greatest offices across the globe. Both the employers and the employees play crucial roles in making these blueprints effective.

There are no ‘fit-for-all’ workspaces

Some of the most progressive offices across the globe are not just about an open floor plan or a cubicle, rather they’re about giving employees multiple moods of working. Consider SAP, Europe’s largest technology company, which has an open environment, cubicles, a collaborative innovation hub, a co-working cafe, conference rooms, smaller meeting rooms, and areas for presentations. LinkedIn, Cisco, Airbnb, and many other organizations have similar environments. To put it simply, the key is to shift away from having a single floor plan to integrating and incorporating multiple floor plans to improve productivity.

Imbibe your culture

As opposed to what is largely believed and perceived, productive office spaces are not just about throwing around beanbags, ping pong tables, and cool looking art just for the sake of doing so; rather, they are strategic investments. A desk, cubicle or a workspace must reflect the values and the culture of the organization. For instance, a walk down the design firm IDEO’s San Francisco office feels like wandering into a child’s playhouse, with jars of colorful paper clips, pens, and other tools for creative expression lined up at the entrance.

IDEO’s San Francisco office

Innovate, change, implement, repeat

According to a few experts on productive workspaces, one should treat their physical space like software. Just like you iterate, make changes, upgrade, and evolve software, physical space needs to be thought of in the same way. Take for example Airbnb, which constantly experiments and tests new office layouts and environments every now and then.

In a nutshell, creating inspiring office spaces is not about spending millions of dollars on changing the entire look and feel of the workspace. Instead, they are small changes that help organizations and employees shift away from thinking of work as a utility to ‘beautiful experiences’.

office space in noida

Things to Consider Before Renting Office Spaces in Noida

When you are looking for renting office spaces in Noida, there are some prominent things that you need to consider before finalizing your decision. All these points of discussion at different locations though serve well when you are looking for something lucrative that is well under your budget, suits your location requirements as well as the amenities needed. Renting a perfect office space that caters to every work need is difficult though but not impossible.

Here is our well-designed checklist of things to consider before renting office space in Noida for your venture:

1. Gather your Workspace Requirements:

The first step is to determine your workspace requirements, whether you are looking for a full-fledged office space for a large team size or just a coworking space for solo workmanship. You have to determine the fact that whether the workplace will help you grow and improve as well as save your commuting time. All you have to do is list out your expectations of a perfect workspace and plan accordingly.

2. Choose an Appropriate Location:

One of the vital things to consider before renting office spaces in Noida is the commuting distance. You don’t need a workspace so far away from the population that makes local transportation inaccessible. Your employees would be so exhausted reaching the workplace in time, throwing the productivity factor out of the window. Always consider an office space where your team can adjust to commuting easily or if you don’t have a large team size and planning to expand, check out a location with a major population nearby that will help you identify the local talent.

3. Check out the Amenities Offered:

Ideal office space is one that offers every work and plays amenity. Your team is likely to appreciate an office space that is nearer to eating places as well as entertainment centers. Perfect office spaces should have a relaxing area in addition to a cafeteria to handle the appetizing needs and for the very vital cup of coffee. A free trial or a pass can do wonders when finalizing your initial picks.

4. Check out the Pricing Policies:

Coworking is all about the right vibe. Everything about coworking spaces right from the infrastructure to the interior is designed to harness productivity. In fact, some coworking brands offer customization options that let enterprises decide the look and feel of their workplace in accordance with their requirements. Enterprises, using this feature, can customize the interiors, lighting, and even the furniture to set
the mood and ensure their employees are working at their productive best.

5. Consider the Security Measures:

Perfect office space is one that has been built keeping in mind the security of its employees during occupational hazards or any emergencies. A guide must offer you a roadmap of all the security measures to be taken in case of an emergency such as the emergency exit, fire extinguishers and more.

6. Services Agreement:

After finalizing the perfect renting office space in Noida, the last step to consider is understanding the licensing details and the lease agreement. You should consider taking help from the professionals for understanding the various terminologies, insurance factors, security deposit to be offered and more. Also, check out for a non-compliance clause that can offer you every amenity promised at the time of lease signing whenever you require.

employee well being

Your Office Space is directly proportional to Employee Well-being

Over time, there has been a massive change in how people work. Our way of working is continuously evolving as we no longer believe in traditional workspaces with cubicles and glass doors. The millennial workforce demands a holistic office experience and not just a desk and a chair. 2015 saw a rapid rise of table tennis tables and foosball tables in office spaces, which laid the foundation for the introduction of sports and other recreational activities for enhancing employee health and adding to an employee’s well-being. For the last few years, there has been a significant rise in the number of people working out of coworking spaces purely because of their flexible workspace designs and fascinating recreational events and activities. Here are five reasons how an office space design is a stepping stone for employee well-being:

Workspace design is closely linked with employee stress levels:

It is impossible to expect employees to spend days, months, and years sitting out of a small restricted cubicle and working with their head bowed down over a computer. Traditional workspaces have seen limited innovation. Most of the enterprises have started paying close attention to the physical look and feel of a workspace. This is being done to ensure that their employees are healthy and happy, which is why a huge variety of shared workspace providers are continually focusing on providing a biophilic workspace, which minimizes stress levels and enhances employee productivity by leaps and bounds.

Installing ergonomic furniture to maximize comfort:

Employee comfort is becoming a primary focus of companies to ensure higher productivity. The majority of shared coworking space providers are ensuring the installation of ergonomic furniture to provide maximized comfort to people. Most of the collaborative spaces are introducing standing desks, single phone booths, chairs with back support, an open desk layout, among others. Companies are looking for office space for rent, which can be easily configured with workstations that allow easy employee movements within the office premises.

Tech-enabled Workspaces:

Every company needs a tech-enabled workspace for enhanced productivity and seamless operations. Businesses can eradicate their overheads for connectivity and communications by utilizing state-of-the-art technologies available in the coworking spaces. Most of the coworking spaces are deploying smart networking pieces of equipment alongside video conferencing facilities, uninterrupted super-fast WiFi, cybersecurity solutions, and enterprise security tools to help employees flourish in a tech-enabled workspace.

Recreational Areas:

Conventional office spaces lac dedicated gaming or recreational zone for the employees to relax and rewind. The modern coworking spaces pay special attention to dedicated gaming zones with table tennis tables, PS4, pool tables, foosball tables as well as many outdoor games like badminton, volleyball, cycling, among others. Such dedicated recreational zones are imperative to ensure that employees have a proper work-life balance.

Skill development workshops:

There has been an increasing focus on corporate skill building of employees in companies. While looking for a commercial space for rent, companies are also looking at workspaces that have engaging skill-building workshops for their employees. Coworking spaces are introducing various stress management, anger management, time management workshops for the overall skill building and well-being of the employees.

With the paradigm shift in how people work, it has become imperative for companies to pay close attention to the workspace design and dynamics to ensure that employees are happy and motivated. Employee well-being is the need of the hour because we spend almost half the day in our workspace. So, if you’re looking for a vibrant office space for rent, consider shifting to coworking space that provides flexible workspace design, has interactive events, and ensures an exceptional working experience.

office space

Smartworks cuts the ribbon on its first center in Chennai

Smartworks kicked off the new year by inaugurating its very first office space in Chennai. Being India’s largest provider of shared workspaces, Smartworks decided to launch its first bespoke shared workspace centre in Guindy, Chennai.

“Guindy is the hub for small and medium-sized companies and is extremely well connected through all modes of transport, making it one of the most desired locations for setting up a serviced office space,” said Neetish Sarda – Founder Smartworks.

It’s the strategic location in Guindy, proximity to CBD, and excellent connectivity through all modes of transport, making it an ideal location for an office space. But, seamless connectivity is not the only thing this office space has to offer. The 45,000 square feet state-of-the-art center with 900+ seats, offers world-class workspace design. A workspace that is adaptable and ergonomically sound is the sign of a great modern workspace and Smartworks Chennai does just that. Vibrant colors like red and orange line the walls, while cooler colors like green and blue evoke feelings of tranquillity and steadiness.

It also boasts of a host of amenities such as cafeteria cum lounge serving healthy food options, gaming room, gym, medical room, meeting rooms, conference rooms, AV lounge, concierge services, fortnightly community events and many other facilities to make workspaces hassle-free and aid in improving the productivity of its members. The cafe has a charm of its own. With an overall color scheme of blue and white, it brings out the aquatic theme, while inevitably promoting a peaceful and calm atmosphere. Complementing is the colorful chairs and the hand-painted wall art. Such an exquisite combination of different materials and elements makes this cafe one of a kind.

Smartworks made its pan India foray in April 2016 and in a short span of 16 months, has emerged as India’s largest and fastest-growing player in the shared office space and co-working segment. Smartworks presently has 16 centers across nine cities covering more than 900,000 sq. ft. space and plans to expand to 3 million square feet, in over 20 Tier 1 and 2 cities, pan-India by the year 2020.

“We aspire to reinvent India’s workspaces with a simple motto – ‘Create office spaces where people ‘want’ to go, not just ‘have’ to go!’. Smartworks’ newly launched center in Guindy offers affordability, accessibility, tailor-made office spaces and access to various community events, workshops, and seminars.

In today’s world, rich technology infrastructure is a major business driver and is one of our major offerings in all our centers. Smartworks offers a ‘futuristic workplace’ that not only offers best in class technical support to its clients, it even offers fantastic designs and personalized value-added services.” said Harsh Binani – Co-Founder of Smartworks

Another advantage of the Smartworks Chennai Office was that even before the launch, the Chennai center already had a strong client base of companies such as Redington India Limited, Morgan Advanced Materials India Pvt Limited, Greaves Cotton Limited amongst others. Riding on this accelerating growth and demand from a strong client base, Smartworks is planning to further expand its operations in OMR, Chennai. Apart from Chennai, Smartworks also plans to expand to other parts of Tamil Nadu in the near future particularly Madurai and Coimbatore.

Here’s a sneak peek into our Guindy, Chennai office:

Inspiring Office Interior In Guindy Center

Smartworks Center In Guindy

Modern Office Space

Smart Meeting Rooms

Experience the convenience we bring with our offices with the drone shot from Smartworks, Guindy, Chennai

 

shared office spaces

More than space, shared office spaces are breeding gainful networks

Do 500 Facebook friends, hundreds of Twitter followers and thousands of Instagram friends make us a networking guru? Well, not really. These numbers might make us socially and digitally active, but in the real world, it misses building a network of friends and associates to draw energy from and keep us going.

This networking is all about creating a fabric of personal contacts that will provide support, feedback, insight, resources, and information whenever required. At shared office spaces, networking is a constant activity. When people work in the co-working spaces, they learn that they can help each other in ways they had not imagined before. Regular interactions between members lead to strong relationships that can lead to mutually beneficial partnerships.

It is one of the most useful means to gain knowledge and let others know about your business. The more you connect with people, the more clients you create for your business. That is precisely why a lot of countries hold global startup competitions or international tech events that see a convergence of talent from across the globe. People, who understand its importance, attend events, workshops, and gatherings to get in touch with as many people as they can.

However, that’s not the only benefit of networking at shared office space. In fact, that’s only the beginning.

Not a forced interaction
The foremost benefit of working in a shared office space is that networking is an inherent part of the setup. In co-working spaces, professionals come from different skill-sets and backgrounds, and they collaborate to achieve their respective goals. They meet and develop a relationship naturally without forcing each other to do so. Their primary motive is to achieve their goals where networking comes as a by-product. Thus, networking happens in the process of working together and not because you are present in a boardroom or a conference where you must exchange your cards forcefully.

Allows skill sharing
In addition to sharing knowledge and building fruitful relationships, co-working spaces also enable companies to have the best available resources in front of them. Skill sharing is at the heart of shared spaces. When you’re a part of a community, the best way to see it grow is to help opportunities and knowledge flow circularly through it. The notion of ‘pay it forward’ should be at the center of your work. When you are helping others to flourish, they will always be willing to help you do the same.

Ambience promotes connectivity
Networking becomes way too easy and comfortable if the atmosphere is relaxed and soothing. The static nature of workforce in a traditional office setup doesn’t give enough networking opportunities. You work with the same set of people every day. In some cases, workers in a traditional office set up feel skeptical about networking with colleagues, seniors or juniors because of insecure atmosphere and internal politics.

Shared office spaces, on their part, are free from all these constraints. The absence of working hierarchy, formalities, and job insecurity doesn’t bog down workers in shared spaces.

Some folks intuitively know how to network in co-working spaces, whereas others have to learn it. Networking in the shared office spaces is often low-key, yet with high rewards. Just remember, people do need people. The more you build healthy working relationships with those in your space, the sooner you get to expand your horizons and move your business ideas forward.