Tag Archives: coworking office space

Coworking stats - Solving the Snag with Smartworks

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.

 

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, make 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 centre 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 colours like red and orange line the walls, while cooler colours 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 that is the colourful 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 centres 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 centre 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 centre 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

 

best workplace

Building a workplace (Co-working 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 meetings 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 million 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’.

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 shared office space is that networking is an inherent part of the setup. In a 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.