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Shared Spaces - Utilising a Coworking Environment

Collaboration is at the heart of every active business.

Have you ever stepped into the office of a successful business, only to be met with stoic silence from their team? While the idea of a lone entrepreneur taking on the global market may seem appealing to those first stepping out into the business landscape, it is the connections between intelligent, creative individuals that have been the driving force of most company success stories.

There has been an abundance of studies into what employers can do to boost the effectiveness and motivation of their employees, a plethora of which have lauded the benefits of a collaborative environment. Therefore, Coworking spaces that allow employees to connect and discuss ideas with other small businesses can have a fantastic effect on the quality of their output.

1. Cost Effectiveness

What is the point in paying for a significant amount of unused space?

With smaller teams taking dominance within the modern workforce, maintaining payments on a large office will be hugely unnecessary for a large portion of today’s workforce. The Coworking environment is a shared space, and will, therefore, be cheaper than if you were merely paying for space yourself.

2. Company Collaborations

Regardless of your experience and skills, there will always be others that have a more robust understanding of certain fields than you do. A Coworking environment allows you to learn and adapt your knowledge of your industry based on the knowledge of your peers.

As we move further into 2017, the issue of employees being unprepared for changes in business has become far more pressing. It has recently been reported that less than 10% of companies in Australia are fully equipped for digital services becoming a significant component of business strategies. Collaborating with those that are more familiar with these developments in technology works to better prepare your workers for changes that they may not be able to otherwise adapt to.

3. A Sense of Community

When discussing the motivation and growth of your employees, knowing that you are working with a group of like-minded individuals toward a common goal can be an enormous driving factor for progress. Whether in an office space, or a playground setting, humans tend to improve themselves based on those around them. An open, friendly environment gives workers the opportunity to be inspired by the creativity and knowledge of others.

4. Job Satisfaction

Following on from our previous point, maintaining a stable balance between personal and professional life is one of the most common factors when discussing job satisfaction. When people hear the phrase “work/life balance”, it is often regarding time spent away from the office.

However, the issues associated with this global problem begin within the company.

Having an abundance of individuals outside the confines of your company culture can help workers take a step back from the stressors of their employment, decreasing their risk of getting overwhelmed and unable to function efficiently and effectively.

 Sharing a space with new friends can be a great way to stay connected with people outside of your employment, and the benefits of this can completely revitalise the effectiveness of your workforce. It may not be the option for everyone, but it is something to be considered.