Why Enterprises are Finding Flexible Workspace to Replace their Traditional Office

In the wake of the worldwide pandemic, many large companies are finding that they will adjust their land strategies to satisfy the present and future needs of their workforce, and therefore the needs of their P&L. Why are some enterprises choosing to seek out workspace to exchange their traditional office, instead of going fully remote? Simple — to office, or not is not any longer a binary question. Finding space that’s flexible can save cost, offer optionality, and supply reliable infrastructure and repair in an incredibly uncertain time.

Right now, enterprises are spending many dollars maintaining traditional office space — and a few are making changes. For the primary time, companies are realizing that they’ll not need an office anymore. While one approach could also be to chop spending and go virtual, there are other ways during which this investment could go further. With novel benefits like WFH packages, the worth per sq ft is not any longer the foremost accurate measure of the entire cost of the office. Companies are realizing that to seek out the proper solution, it’s worth comparing the whole lifecycle cost of a standard office, work from home, and versatile workspace solutions, and aligning this with their organizational goals. Flying fresh furniture to each employee’s home may or might not be the foremost economical, or the foremost sensible solution for your business goals. But don’t hear us: check out the numbers, and consider the choices .

Workspace is getting into New Realms to satisfy the requirements of Today’s Workforce
The pandemic hit, and corporations rapidly transitioned to remote work and online collaboration. Two quarters later, this pendulum is beginning to swing back. As workplace needs shift outside of the “physical” office space, the thought of the office is reaching new dimensions. Workplace, as we’re collectively learning, isn’t limited to where we work, but also how it works for us and our particular organizational goals. As companies calibrate their workplace strategies to satisfy the rapidly evolving needs of their workforce, many are exploring hybrid models that are neither fully physical nor fully remote. Strategic planning with optionality is now more prevalent than ever before. Today’s “office” offering operates on a spectrum.

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