From increased productivity to enhanced collaboration, co-working spaces offer a variety of benefits to your team and business. These spaces provide practical solutions to the challenges that remote workers often face while working far away from their teammates. By extension, co-working spaces can positively impact a company's culture, increasing productivity and collaboration.
Here are four ways co-working spaces in private offices benefit company culture:
Ways co-working spaces help foster company culture
Company culture is fostered when employees come together and engage in team-building activities and company-wide meetings. Having each individual employee working alone at home can make this hard to accomplish. Fortunately, co-working spaces can help you foster great company culture without sacrificing the flexibility of remote work. Often described as the future of work, co-working spaces provide positive work environments that allow teams to share ideas, interact, and collaborate on projects.
The following are some of the ways co-working spaces help foster a great company culture:
Promotes better communication and collaboration
Regular communication among employees is a crucial ingredient in maintaining company culture. Unlike a purely remote work model, co-working spaces allow employees to communicate in real time by sharing information and ideas. Co-working spaces draw members from diverse industries and professional backgrounds, making them fertile ground for in-depth collaboration. The cross-pollination of workers connects individuals that may never have met in a purely remote work model, such as home offices and coffee shops. Co-working spaces encourage high-level communication in the workplace to help boosts employee morale, engagement, productivity, and satisfaction. This ultimately helps drive better results for company culture.
Allows for regular team meetings
Getting your team together regularly is integral in maintaining your company culture. Leading co-working spaces like Quest Workspaces have dedicated meeting rooms that enable team meetings. You can book the room once a week and invite your remote teams spread across locations to meet and share ideas or suggestions. These spaces also have top-notch communication technologies that allow teams across cities to meet virtually. Team meetings can be an excellent opportunity to reinforce company values and goals. This keeps each employee on track to ensure company culture is maintained.
Connects teams through social events
Co-working spaces often organize social events designed to solidify company culture. Weekly events ranging from day-long retreats, yoga classes, lunchtime presentations, and work happy hours to movie screening help teams interact and communicate. The primary purpose of these events is to strengthen the company's teamwork and team building, which helps nature an excellent company culture. For example, the regular day-long retreats organized by Quest Workspaces help teams bond while fostering feelings of belongingness. This can help nurture a strong company culture.
Replicates the sense of community
The foundation of great company culture lies in the face-to-face interactions between employees and the community they form in the office. Unfortunately, in today's remote first world, this is getting harder to achieve given that colleagues work individually in isolated places. Co-working spaces can bridge this gap by helping employees relieve the sense of community they could be missing in the virtual workplace. Due to their open nature, co-working spaces allow workers to interact with other like-minded individuals. Ideally, sharing is an integral practice in co-working spaces which helps foster a sense of community. Members don't share resources only, but also knowledge, experience, skills, and solutions. This provides your employees with a community that makes them feel more purposeful and motivated.
How does a purely remote model affect company culture?
Remote work offers flexibility and cost savings but can negatively impact company culture by reducing employee interaction and engagement, hindering the formation of trust and team spirit, and causing feelings of isolation. These factors can impact communication and meaningful relationships, leading to a poor company culture.
Build a strong company culture with Quest Workspace solutions
Great company culture is key to employee retention, satisfaction, and productivity. A recent study reveals that companies with solid workplace cultures have higher customer loyalty, productivity, and profitability than those without. Choosing a suitable workspace for you and your team can significantly impact your company culture. At Quest Workspaces, we provide shared workspaces that promote a sense of community and positive company culture.
Our workspaces encourage members to interact, communicate, collaborate and bond effectively. Contact us today to schedule a tour in a location near you.
