changes in co-working post pandemic

Following changes are expected in the co-working business after recovering from pandemic.

Coworking: All Set To Takeover

Coworking industry will surely witness a boom in a post-Covid world as it has a lot of benefits to offer which businesses are now on the lookout for. With a little maneuvering, the industry is poised to become highly profitable. Some of the factors that will need to be focused upon are:

More Spacious & Less Open Seating

Erstwhile, coworking spaces prided themselves on efficient use of spaces. But going forward, post-pandemic, that wouldn’t be the case anymore. Due to social distancing, there will have to be larger area per seat, more space between desks and 3-sided privacy with 3-sided desk divider in between desks. In private spaces for clients, the same trend is expected to be followed but it could be done on an area-to-area basis, as required by the clients.

Increase Privately-Owned Spaces And Managed Offices

Post-Covid-19, life will be in the safety bubble for the people one interacts with. Interaction outside this will be met with fear. Clients, thus, would want to avoid meetings in open spaces. Thus, companies will prefer private, enclosed areas that will be solely dedicated to them – such as managed offices. As a result, coworking firms will have to convert open-sitting into private spaces and make modifications as per client requirements.

Offer Flexible Plans

As the professional world trickles back to normalcy, traditional offices will not hold the same sway as their rigidity wouldn’t be able to address the new normal. Many companies, even in the pre-pandemic times, had to tussle with the burden of long-term, lock-in leases that came with heavy security deposits, that tend to take away the cashflow from businesses, leaving them high and dry in situations of economic crisis.

This is where the flexibility provided by coworking spaces will come in. Businesses would actively take up flexible options based on days of usage and not any fixed number of days. Coworking spaces can also accommodate design change requirements, as and when needed by companies looking to expand or contract.

Innovation And Digitization

Covid-19 has also speeded up the digitization of workspaces. For avoiding transmission of germs at workplaces, companies are opting for comprehensive contactless technology and robotic technology. Traditional desks will have wearable technology, AI, machine learning, and IoT turning them into autonomous workspaces. Virtual workspaces will be in demand as companies have built processes to expand remotely.

Complete Solution Provider

The pandemic has led brands to not just be workspace providers but be an all-encompassing workspace solution platform. Coworking brands are curating unique experiences catering to coworking, remote working and enterprise solutions by providing amenities like gyms, cafes, creches, receptions and so on.

Summing Up

The innate flexibility to adopt and adapt, and its ability to nurture a strong community alliance coupled with the spirit of determination to tide over these times of despair will bode well for the coworking industry.

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