As I have suggested recently, the key drivers behind the growth of corporate coworking have been for the most part real estate drivers. The economics of this simply make sense, despite the skeptics. If one looks only narrowly at the price per square foot for a
Twenty five percent of WeWork's members are 'corporate coworkers,' and the company now boasts that 22% of the Fortune 500 companies have employees who work in their spaces. At the current rate of growth, some 40-50% of coworking members will be corporate users within five to seven years.
As long-standing participants in the coworking industry, the partners at OpenWork Agency have seen the industry evolve since the beginning. What was once a social movement is now a sure enough industry. Depending on what your vantage point is, though, coworking is different things to
Marc Andreessen once famously said that 'software is eating the world,' and that if your business can't be boiled down to a simple (software) solution it probably doesn't have much of a chance. Or at least, in his world of venture investing, if your startup
It was recently announced that WeWork, the global coworking chain, has signed a deal to manage an entire office building for IBM in Manhattan. Up to 800 employees will work in the building, which WeWork will manage as a single shared office environment. At first
Why/how does coworking work for company teams? Data demonstrate that engaged employees are more productive employees than their disengaged counterparts, and the data on employee engagement is abysmal. According to a 2014 Gallup poll, less than one-third (31.5%) of U.S. workers were actively engaged in their