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Social Workplace : the next chapter

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The function of the workplace has changed as technology, facility and equipment have made work ubiquitous. The existence of a workplace is nowadays related to the provision of a social environment making people personally and professionally better.

Published in: Real Estate

Social Workplace : the next chapter

  1. 1. SOCIAL WORKPLACE the next coming chapter Jean-Yves Huwart Founder WeWork Moorgate
  2. 2. 2 « We are an innovative space for people with creative ideas. We run events on social media, open hardware, networking. Our members come together and do things for the benefit of the community. We are open to very different profiles and encourage technology startups, artists or movie companies,… »
  3. 3. 3 EMMANUEL MBISSIMO J-HUB (Juba, South Sudan) source: medium.com
  4. 4. 4 The same story starts to be written everywhere on the globe: Thousands of coworking spaces popping up all over metropoles, cities and towns.
  5. 5. 5
  6. 6. 6
  7. 7. 7 We have been organizing the COWORKING Europe Conference for the last 6 years. We gather a community a more than 450 people yearly. It never stopped growing since then.
  8. 8. 8 WE LOVE OUR COMMUNITY. WE LOVE OUR COMMUNITY
  9. 9. 9 so much that we have replicated our model to bring more coworking communities together elsewhere.
  10. 10. 10 THE TRENDS supporting the rise of coworking are stronger than ever. We think we only are at the beginning of the story. And we aim at making the demonstration of it through facts.
  11. 11. 11 WHAT ARE THOSE FACTS ?
  12. 12. 12 Evidences of the change of the traditional economical patterns 1
  13. 13. 0 5 10 15 20 25 30 35 40 45 Small young 1-49 employees Small old 1-49 employees Medium young 50-249 employees Medium old 50-249 employees Large young 250+ employees Large old 250+ employees Employment Job Destruction Job Creation 13 Most new jobs are created by young businesses Source: OECD Employment, job creation and job destruction By firm age and size, 2001-11
  14. 14. 14 On average, startups hire while older (bigger) companies lay off Source: OECD Net job growth, younger versus older firms 2001-11 Young firms (5 years old or less) Old firms (6 years old or more) 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 0 -2 -4 -6 6 4 2 Young firms (5 years old or less)
  15. 15. The average number and size of the employers is changing. So is the nature of those jobs. Source: Deloitte 15 The total number of SME’s in ‘New Work’ sectors increased in the UK by 17% between 2008-2014 This is made up of 25% Creative 12% Digital 17% Professional
  16. 16. 16 The majority of the new created jobs are digitally enabled, In knowledge intensive services. Source: Business Structure Database 2015 Expanding SMEs by location and sector 2011-2014 - 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 Cities Non-cities Manufacturing Knowledge-intensive business services (KIBS)
  17. 17. Modern task achievements require creativity, networking, collaboration and social capabilities Source: Future of Work Report 2015 World Economic Forum 17 1. Complex Problem Solving 2. Critical Thinking 3. Creativity 4. People Management 5. Coordinating with Others 6. Emotional Intelligence 7. Judgement and Decision Making 8. Service Orientation 9. Negotiation 10. Cognitive Flexibility Top 10 skills 1. Complex Problem Solving 2. Coordinating with Others 3. People Management 4. Critical Thinking 5. Negotiation 6. Quality Control 7. Service Orientation 8. Judgement and Decision Making 9. Active Listening 10. Creativity In 2020 In 2015
  18. 18. 18 THESE ARE THE NEW TENANTS. The development of more of these jobs will keep fueling the demand for more coworking spaces.
  19. 19. 19 Governments need more coworking spaces to structure vibrant and innovative urban ecosystems in order to increase their attractiveness and to address the challenges of the upcoming 4th Industrial Revolution. 2
  20. 20. 20 Vintage buildings or abandoned industrial facilities are converted into coworking. Source: CoworkLisboa NOW - 4.000 m2 coworking in an unused warehouse in Lisbon, Portugal
  21. 21. 21 The lack of a broader coworking offering is among the reasons which explain why the Irish startup ecosystem isn’t more developed. Startup Ireland Survey 2015
  22. 22. 22 Job Growth In the U.S. (2015) Take a Look Where the Jobs Were Created
  23. 23. 23 Corporations will soon start to embrace the shift towards social workplaces. 3
  24. 24. 24 Because TINA (there is no alternative)…
  25. 25. 25 Talents want a new workplace model Source: Future of Work Report 2015 World Economic Forum In most markets, work/life balance comes before career progression when evaluating job opportunities relative degree of importance (excluding salaries) Good work/life balance 16.8 Opportunities to progress/be leaders 13.4 Flexibility i.e., remote working, flexible hours 11.0 Sense of meaning from my work 9.3 Professional development training programs 8.3 The impact it has on society 6.8 The quality of its products/services 6.4 Strong sense of purpose 6.2 Opportunities for international travel 5.9 Fast growing/dynamic 4.4 A leading company that people admire 4.3 Invests in and uses the latest technology 4.1 The reputation of its leaders 3.1
  26. 26. 26 Almost half of the corporate world is considering shared workspaces as an option Source: Americas Employer Survey 2015/2016 CBRE What CRE Executives Need Most CONNECTIVITY PARTNERSHIPSFLEXIBILITY See connectivity to partners, suppliers and related organizations as critical to the workplace Have internal teams comprised of 10 or fewer CRE management professionals Are using or considering shared workspaces
  27. 27. 27 In 2014, flexible workplace accounted for an estimated 8% of the global office take up. Source: How you work, Report 2015 DTZ
  28. 28. 28 It’s unclear where the model will first move to... Source: JLL, Top 10 Global Trends for 2016 Internal Collaboration Coworking Memberships External Coworking Space Internal Coworking Space Internal Coworking for employees only External Coworking Memberships for employees only Collaboration space for employees shared with external organizations / individuals in an external coworking environment Internal coworking space open to organizations / individuals
  29. 29. 29 To use on-demand third places facilities ?
  30. 30. 30 Creating corporate incubators?
  31. 31. 31 Source: Hubud, Bali. http://double-barrelledtravel.com Setting up corporate satellite offices ?
  32. 32. 32 What is for sure is that the overall CORPORATE CULTURE is about to change.
  33. 33. 33 The male Alpha type of management is over.
  34. 34. 34 We are moving toward A NEW LEADERSHIP MODEL
  35. 35. 35
  36. 36. 36 Modern managers will become facilitators
  37. 37. 37 And companies become communities...
  38. 38. 38 Does this sound familiar ?
  39. 39. 39 Those are the key principles of coworking …
  40. 40. 40 Community management = the new management
  41. 41. 41 At the age of the fourth industrial revolution, the function of the workplace has change
  42. 42. 42 So, this is just the beginning…
  43. 43. 43 The flexible workplace isn’t the all story. The SOCIAL WORKPLACE will become the norm.
  44. 44. 44 We knew the value isn’t (only) in the provision of hardware (chairs, table, technology, facility...) Pic: Duke Studio
  45. 45. 45 It’s about people…
  46. 46. 46 It’s about interaction with peers, well-being, learning, community, values, productivity...
  47. 47. 47 New kind of services…
  48. 48. 48 Provide with support and trainings
  49. 49. 49
  50. 50. 50 Entertain
  51. 51. 5151 Geremia Design Luminosity Photography: Matthew Millman Be part of a club
  52. 52. 52 Put in touch with other communities and resources
  53. 53. 53 Visit the website : www.socialworkplaces.com The value proposition of the social workplace is about making people and businesses better...

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