Ticker

6/recent/ticker-posts

COVID-19 Increases the Importance of Coworking Spaces for the Following Reasons

In the current era of telework and social isolation, that seems like a logical and imminent diagnosis to make. 

The punditry is full of forecasts about how the pandemic, lockdowns, and ensuing economic impact will impact people's lives forever.

Any location or activity that brings a large number of strangers together is a prime possibility for irreversible disruption and long-term harm. 

Shared desks, office space, and shared areas that cause people to leave their homes may lose their appeal indefinitely. At the very least, demand will not recover to where it was a few months ago.

See more at https://flydesk.com/hong-kong-office-space/

Recovery requires a strong sense of community.

Coworking spaces are economic generators in and of themselves. The community dimension is just as significant as the economic impact, and it will be vital for rehabilitation and rebound. 

Community relationships may weaken as we go into a future defined by some level of social separation that is always present. 

Small enterprises will suffer “decay” in “organizational capital,” which will be difficult to rebuild.

It won't be as simple as flipping a switch when the lockdowns are lifted. Some enterprises will never reopen, and some entrepreneurial dreams will be stifled for good. 

Community strength will be critical in assisting people in reconnecting, forming new networks, and providing support to one another.

Small Business Resource Coordination

Coworking spaces are important support structures for small firms, sole proprietors, the self-employed, and other entrepreneurs, not simply for remote workers. 

Small enterprises that "work on the outskirts" of local economies, in particular, rely on them. Working from home isn't a viable option for many of them, and the burden is borne disproportionately by those in the lowest income quintiles.

Workers who work from home must find a place to work.

Cities should "embrace telework" in order to attract distant employees from other areas as a result of the epidemic. 

Coworking spaces play an important part in this program, hosting relocated remote employees and assisting them in integrating into the community.

Large firms have a tendency to “de-densify” their workplaces in order to help employees cope with the crisis and transition to recovery, as well as to prevent future disruptions. 

Coworking facilities are already being used by a number of large corporations. This tendency is likely to continue, with big business emerging as one of the post-crisis "winners."

Check out FLYDESK!