Top 10 Benefits of Managed Offices

What are Managed Offices?

A managed office is basically a tailored workspace solution that is managed and looked after by a third party operator, hence allowing businesses to focus on core functionalities and improve operational efficiency.?

These workspaces offer the cost-effectiveness of a flexible office with the added advantage of control and privacy of traditionally leased offices.

Keep reading and I’ll tell you about how managed offices have gained popularity in recent times. Not only that, but I'll also explore/share the features and benefits of these managed office spaces.

Gaining popularity in recent times

Business centers and serviced offices generally provide very limited customization, hence failing to preserve an organization’s culture and identity.?

Many organizations raised concerns over privacy and security related issues in such workspaces and also realised that the productivity level of employees tends to dip due to external interruptions.

A?noteworthy statistic here is that according to?CMI workplace, efficient office design can make employees up to 33% happier at work.?

Also, managed spaces are attached to breakout zones and recreational areas which create a stress-free environment for the employees so that they can return to their workstations more motivated and relaxed.?

Unlike a traditional office setup, businesses continue to benefit from their entire office space operations to be managed by a third party on their behalf.?

Occupants are encouraged by lower overhead costs and flexible lease, making Managed offices a lucrative option for office spaces.

With the new normal settling in and the organisations transitioning to flexible workspaces, it has been observed that managed offices are set to gain greater significance with its many benefits.

Benefits of Managed Offices

#1 –?Effective Budgeting

Even with a dedicated financial team, identifying the most effective ways to reduce spending can be daunting.

Here is where managed offices come to the rescue; they provide everything you need, from utilities to furniture to additional expenses, all-inclusive in just a month’s fee so there’s never any burden of managing office expenses every month.?

Hence the more control on the office expenses, the better you can plan ahead for the business’s future.

#2 –?Organizational Flexibility

The service provider negotiates the rent according to the individual preferences of the business.?

This could be a long term rent for 5 years or a short term plan for 1 year, the rent can be negotiated according to the amount of flexibility needed.

From the branding to the signages, the choice of lighting fixtures to the choice of desks, everything can be customized for your brand.

Along with facilities like customized interiors and dedicated space with Managed Offices, organisations also get the flexibility to upscale or downscale the space as and when needed.?

Space flexibility enhances the process of moving to a hybrid work culture and also enables fully tech enabled workspaces.?

Space flexibility also helps the company grow geographically too. i.e. When the company saves huge upfront capex, they can use the same for the growth and expansion of their businesses.

#3 –?Employee Empowerment

Earlier offices were developed with employee productivity at the focus. Getting more things done was the motto.?

But with the advent of flexible workspaces the same has changed. Organisations, nowadays have made employee well-being their main motto.?

Managed offices are developed with keeping the same in mind. Open spaces, vibrant interior, and break out zones ensure employees have a change of environment and a space to break from the monotony.?

Managed office service providers also organise community events at the space, which can help the company improve interpersonal relationships amongst it’s team members.?

The service provider company also offers to look after the pay-roll and other managerial processes which empowers the role of HR in the company.

#4 –?Operational Excellence

Managed office concept enables organisations with the necessary tools to drive business growth without any burden to look at the operational aspects such as design, maintenance, utilities, office materials.

A well thought out workplace with the right technology and organisational culture can have a huge impact on the productivity of the employees.?

This is taken care of by the expert service providers who manage every operational aspect of your business.?

This leads to operational excellence and thus the growth of the business.

#5 –?More than Tech-enables Spaces

At Managed office spaces, you not only get a dedicated space for your business operations you also get tech-enabled spaces.?

The tech support extends beyond just giving a secure IT infrastructure, internet security and firewalls.?

Companies also get access to steadfast software that enables simplified space management, visitor management, booking management and analytics that companies can use for better security and ease of access.?

Conclusion

As workplace culture keeps shifting towards a new normal, managing a traditional office can become a burden that you should be wary of. As mentioned earlier, managed offices can prove to be a successful solution for dynamic businesses.?

As businesses scale, they reach a stage where it’s more important to have a space that feels like their own and is bespoke to the company’s needs and branding.

If you value cost transparency and business agility, then we strongly suggest a managed office setup over any other setup!

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