The corporate shift towards managed office spaces

Table of Contents

1. Introduction
2. Influence of Managed Office Spaces on corporate culture
3. Traditional Corporate Culture vs. What is Changing with Managed Office Spaces
4. Conclusion
5. FAQs

Introduction

Corporate culture has been recording rapid growth in India over the past two decades. With more companies willing to set up their office spaces in Indian cities like Bangalore, Mumbai, Chennai, and Pune, the boom in the corporate culture is exponential.

The transforming world of corporate industries has seen some major changes since its evolution. A major change was with regard to the type of office spaces companies adopt for their physical working environment.

In the past few years, there has been a rapid shift by corporate companies from traditional office spaces to managed office spaces. This is because of the various benefits that managed office spaces bring with them.

In this article, let us explore how adopting managed office spaces over traditional ones has proved to be a great opportunity for businesses to flourish and enjoy various benefits.

 

Influence of Managed Office Spaces on Corporate Culture

Managed office spaces have paved their way into the corporate culture and have highly influenced the corporate working culture in various ways.

Managed office spaces mean office spaces that are customized or tailored to specifically meet the needs of a company. Such office spaces are equipped with all the modern-day amenities, with good infrastructure, flexible spacing options, and large working spaces. With the increasing corporate culture in the country, companies are preferring managed office space over traditional ones. This is due to various reasons and advantages that managed office spaces have been able to portray in order to influence the entire corporate industry in such a short time span.

Promoting Collaboration Opportunities

The managed office spaces come equipped with all the resources needed to foster effective collaboration between employees. This includes collaborative tools and software such as MS Teams, Google Meet, and other similar ones. 

Additionally, such office spaces also have dedicated collaborative spaces where employees can brainstorm new ideas, come up with potential solutions to problems, and implement them as well.

Flexible Workspaces

Managed office spaces have been able to grab the attention of corporate companies due to their cost-effective solutions and modern approach. It is the flexible workspace solutions that managed workspaces bring with them.

Flexible workspaces allow the office spaces to be upgraded or downgraded according to the needs of the company. Moreover, such office spaces also serve multiple purposes within the same infrastructure. This helps companies save a major chunk of capital that otherwise would have been spent on maintaining an additional space.

Sustainable Workspaces

Apart from all the modern-day amenities and perks that managed office spaces come equipped with, they are also dedicated to adopting a sustainable approach. Such office spaces are built to not cause any damage to the environment and adopt sustainable solutions. This has been another major reason why corporate companies have been attracted to managed office spaces.

Employee Satisfaction

A major reason why corporate companies have drastically shifted towards managed office space is to attain employee satisfaction and retention. Since these managed office spaces come equipped with all modern-day amenities, great infrastructure, and various comfortable arrangements, it ensures that employees enjoy their workspaces. 

Therefore, being satisfied with their office spaces, employees would not consider switching to other companies. Moreover, managed office spaces will also attract young talents that might contribute greatly towards the growth of the company.

 

Traditional Corporate Culture vs. What is Changing with Managed Office Spaces

The traditional corporate culture had some major drawbacks that were overcome by managed office spaces. Therefore, corporate companies shifted towards a more cost-effective, sustainable, and modern solution with time.

Here are some differences between traditional and managed office spaces:

 

Traditional Office Spaces	Managed Office Spaces
High upfront costs, including security deposits, furniture, and others.	Lower cost inclusive of all amenities
Business owners/tenants were responsible for maintenance	Office space providers are responsible for the maintenance
Difficult to scale up or down	Flexible and can be scaled up and down when needed
Suited for long setups	Short and quick move-in setup
Equipped with basic amenities only	Equipped with modern-day high-end amenities

 

Conclusion

To sum up, managed office spaces have given corporate companies immense reasons to shift from traditional working spaces towards them. Moreover, with businesses being able to save a wholesome amount with managed office spaces, they are likely to consider such office spaces as their first preference.

BHIVE also provides managed office space solutions for corporate shift from traditional workspaces. Check out BHive’s modern workspaces equipped with all amenities and customizable choices according to the needs of your business.

 

FAQs

1. What is a traditional workspace?

Traditional workspace refers to old office spaces that were generally located in a commercial building or office complexes. Such workspaces were generally common for all types of businesses and did not provide tailored solutions as per the needs of the business. Unlike modern-day managed office spaces, traditional workspaces had a lot of disadvantages and also resulted in unnecessary expenditure of the companies.

1. How does culture impact the workplace?

The culture of a workspace plays a very important role in determining the growth of a company. Companies with a positive work culture will help the employees to give their 100% and be more productive. On the contrary, a bad world culture might result in employees losing interest in work and result in the overall downfall of the company.

1. Are traditional office spaces flexible?

Traditional office spaces generally offer a one-size-fits-all approach for all businesses. This means that they are not flexible and are not tailored to meet specific business needs.