Coworking Industry
Coworking spaces have evolved to meet th...
Today’s workers are more mobile and more independent than ever before, and they are looking for flexible workspaces that can keep up with their lifestyle. Coworking spaces have responded by offering memberships that allow access to multiple locations, extended hours, and on-demand workspace. In addition, many coworking spaces now offer additional services such as childcare, wellness programs, and social events. As the workforce continues to evolve, the coworking industry will need to continue to adapt to meet the changing needs of workers.
Coworking Kit of Parts
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Turnkey Coworking Model
Urban/Suburban
Multifamily residential communities, especially those located within thoughtfully designed mixed-use projects, are becoming important locations and potential revenue sources in what is a new phase of urban planning and development.
Future of Coworking?
In this white paper we look at the challenges that the coworking industry faces in light of the current crisis, and provide three scenarios that explore what might unfold in the coming years. Each of the three scenarios will require adaptation and innovation among coworking operators, some more than others.
Open Source Coworking Development Framew...
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Demystifying Coworking Space Financials:...
Anyone can start a coworking space. If planned effectively, it’s possible to secure financial backing from lending institutions or local angel investors. As the world’s first coworking consultancy (serving coworking startups since 2014 and players in the industry since 2008), we’ve received inquiries from a wide spectrum of types who have entertained the notion of Read More
Activity Based Coworking
What’s in a word? Or a phrase? Over the past thirty years companies of all stripes and sizes have embraced the concept of activity based working (ABW). ABW is a workplace strategy where employees do not have a fixed office or workstation, but rather work in different areas of an office depending on the type Read More
Hotel Coworking featured in Today’...
OpenWork Founding Partner, Andrew Jones, recently published a guest article in Today’s Hotelier. The article, discussing the growing trend of Hotel Coworking, opens the door to the opportunity of embracing the coworking model within the existing hospitality industry ecosystem. Read the article, Your (Meeting) Room is Now Ready.
Is there a way back to coworking?
Over the past five years we at the OpenWork Agency have helped real estate developers and entrepreneurs around the world with their various “coworking” projects. I use quotes here because for anyone familiar with the original coworking 1.0 movement, these projects are typically much less ‘coworking’ and much more ‘office.’ That is, the very notion of coworking Read More
The Two Disruptions of Corporate Coworki...
Coworking Grows Up In a little over a decade coworking has grown from being a scrappy officing solution for freelancers and startups into a multibillion dollar industry with thousands of operators around the world.[1] Defined as ‘a multi-company campus for companies of all sizes,’ coworking has established itself as a viable workplace arrangement for the sharing economy. Industry unicorn, Read More
Corporate Coworking is a Thing: Now What...
Over the past decade more and more companies- small, medium, and large- have embraced coworking as part of their workplace strategy. It is now widely accepted that coworking is no longer just for freelancers, startups, and solopreneurs. When firms such as IBM, Amazon, and UBS take up whole buildings under WeWork’s coworking management system, it Read More
The Economics of In-Firm Coworking
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 workstation in a private office in a coworking space (such Read More
Corporate Coworking: On Campus or 3rd Pa...
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. With firms such as GE, Samsung, Microsoft, Dell, HSBC, Accenture, Read More
Most Interesting Coworking-Related Artic...
As part of being in the coworking industry since its inception, operating coworking spaces, consulting with coworking operators and real estate developers, participating in (and running) global coworking and workspace conferences, it’s our job at OpenWork to stay-in-the-know regarding innovations (and disruptions) in our industry. We share a lot on social media about coworking, the Read More
Company Culture in the Age of Coworking
In my current book project (tentatively called “After Corporate Culture”), I am trying to understand the long-term impact that fluid and mobile working is having on company culture. For quite some time, of course, many firms have allowed, either officially or unofficially, employees to work from home or off-site at least some of the time. However, as Read More
Coworking in a Holistic Perspective
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 different people. In this article I reflect on some of Read More
Coworking and Company Culture
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 isn’t predicated on an elegant piece of software, then your Read More
Enterprise Coworking
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 glance this looks like it is just an extension of Read More
Corporate Coworking: Mind Over Matter
Making the Connections: Coworking &...
In the July 13 issue of the Wall Street Journal, two articles sit side by side with no reference to one another. That they are presented as separate stories is both ironic and alarming. The first article, “WeWork’s Top Rival: Anyone and Everyone,” talks about how WeWork is and will continue to face stiff competition Read More
Coworking Spaces are Going Corporate
Bloomberg BusinessWeek “Coworking Spaces are Going Corporate” By Patrick Clark, 2/19/2016 Corporate Coworking Program:
The Incredible Shrinking HQ
Crain’s Chicago Business “The Incredible Shrinking HQ” by Claire Bushey, 1/30/2016
2016: The Year of Coworking (Inc Magazin...
Inc recently published an article showing why the work industry is embracing coworking. Some great insights. Inc Magazine “6 Reasons Why 2016 Will Be the Year of Co-Working” by Jeremy Goldman