Why Big Corporations Should Move To Coworking Spaces?

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In the last few years, people looking for a commercial space for rent have started flocking to coworking spaces in huge numbers. These people usually include digital nomads, freelancers, small start-ups, etc. Much recently, however, it has been observed that even big tech companies have entered the mix. While this practice has picked up among Fortune 500 tech companies in the US, Indian companies also have much to gain by participating in this trend.

Here are some reasons why big corporations have to benefit by moving a part of their employees to coworking spaces.

Collaborating with talent: If you were to randomly pick out a shared workspace Mumbai has, you would find that it is a powerhouse of incredibly smart, talented people. Big companies have a very strict recruitment process, with a lot of filters, which makes these companies inaccessible for some of these smart people. Quite often, they don’t pursue employment in these companies because they want to try their luck in the start-up sphere. Coworking spaces also host some incredibly talented freelancers, who might not come in contact with these companies easily.

By having a presence in these coworking spaces, these companies have access to these brilliant people, and can employ their services.

Keeping an ear to the ground: When you are not answerable to a board of directors, and have the zeal and enthusiasm that young age gives you, you are likely to come up with amazing innovations that have the potential to revolutionize the world. This is exactly why many corporations buy out start-ups which show a lot of promise and potential before they grow bigger.

By working out of a coworking space, or renting out a part of their premises as coworking spaces, bigger corporations can keep an ear to the ground. This helps them to monitor competition and take be aware of potential disruptions in the industry.

Very often, corporations enter new markets with small, agile teams that are setting up things before proper premises can be set up. In these cases, it helps by keeping the costs low and just makes more logistical sense to have these new teams work out of coworking spaces. With such arrangements, these team members can get the feeling of a full-fledged office and work in collaboration with the entire team without the companies having to set up the premises.

Given the above case, along with many other reasons, I can see a lot of coworking spaces around me sprouting up, hoping to take advantage of the current trends. If you work independently, it is highly recommended that you visit coworking spaces around you to get the feel of the place yourself. You never know, you might end up finding something interesting!

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