Workspheres & The Future of Work. the 7 Key Drivers

This paper is part of the “One City Think Series”

WORKSPHERES &THE FUTURE OF WORK

The 7 Key Driversby Trevor J. O’HaraFounder, One City

Unwork. Your Way


Workspheres & The Future of Work

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Our Working Life Has Changed.

We no longer work in one office all the time.

In the hyperconnected global gig economy, we work increasingly independently, in many offices, and then only part of the time, and for different purposes.

7 KEY DRIVERS will define our use of workspheres in the future, allowing us global and occasional access to a modern day working environment, as and when we need it.



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FORCES SHAPING THE USE OF THE MODERN WORKSPHERE.

Corporate Scandals

Death of the traditional

o�ce/private members club?

Real Estate Costs

FlexibleWorking

Rise of The Entrepreneur Class

TransportCosts

ChangingCulture

CommutingTime

Decline of Consumerism

EconomicCrisis

Attracting & Retaining Top Talent

Environment &Sustainability

Work/lifeBalance

TECHNOLOGY & CLOUD

COMPUTING

GLOBALIZATION& THE GIG ECONOMY

CHANGING ATTITUDES

& SKILLSETS

IDLE CAPACITY &COLLABORATIVE CONSUMPTION

CHANGINGDEMOGRAPHICS



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The 7Key Drivers

Outsourcing

1.

2.

3.

5.

7.

6.

4.New

Values

Enter the Millenials

Changing Workforce

Demographics

Sustainable Business

The Importance Of Learning & Development

We Don’t Want To Work

From Home



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OutsourcingDriver 1: Organizations Are

Their Property In A Bid To Encourage Mobility

More than 50% of office space is never used at any one time, as technology allows us to work, anytime, anyplace and anywhere.

The only real need for an office anymore is for people to meet.

In a bid to reduce their property overheads and carbon footprint, organizations will outsource the property function to future workspheres.



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Driver 2: Not Many Of Us Want To Work From Home

As companies encourage mobility and more of us become free agents, home working is on the rise.

But only 12% of workers actually enjoy working from home. We prefer to be in a more social environment, close to home, but not AT home.

Future workspheres will take the traditional “third place” to the next stage….and provide home-like working locations close to home communities.



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Driver 3: Enter The Millenials

By 2020, 50% of the workforce will be made up of the Millenial generation. This is a generation of disruptors, who like to kill complacency, destroy existing business models, value independence and demand a creative environment.

Typically, if Millennials don’t get what they need from an employer, they will leave, join another organization or form their own company, and seek like-minded individuals.

We will see a hockey stick growth curve in the gig economy over the next decade, with more and more free-agents, independent contractors and entrepreneurs carving out their own value.

As business clubs and serviced offices undergo a transformation, future workspheres will cater to this growing free agent part of the workforce.



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Driver 4: New Values+ New Work Environment=

The design of traditional offices reflected a command & control culture of hierarchy, exclusivity and status (board rooms, cubicles, expensive trimmings, and compartmentalized “departments”).

Millenials favor influence and collaboration over hierarchy, command & control.

The design of the future worksphere will reflect a culture of collaboration, community, social connectivity, accountability, openness and inclusivity.

Future workspheres will replace traditional symbols of status and hierarchy such as business clubs and serviced offices.



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Driver 5: Workforce Demographics Are Changing Rapidly

Traditional workplaces used to be designed mainly by men with a one size fits all philosophy.

Today’s workforce is globally minded and ethnically diverse. More than 50% of the workforce will be women.

As businesses start to outsource their property management and encourage mobility, future workspheres will start to integrate female friendly benefits for members (security, designated mother’s areas, family-friendly membership packages, open floor plans, access to childcare etc), and cater for multicultural team collaboration.



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Driver 6: Sustainable Business Is Here To Stay

As cities around the world become clogged up and environmental concerns rise, fewer people are willing to make long commutes to city centre locations.

Future workspheres will be conveniently located in out of town locations in order to reduce carbon emissions, spare the expense, and save time.

The business scandals of the last decade reflected a focus on profit at the expense of all else.

All this is accelerating the demand for more responsible, accountable and sustainable business practices.

Future workspheres will replace the traditional “business center” with an increasing emphasis on the triple bottom line (people, planet, profit).

$



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Driver 7: Learning & Development Is Now A Life-LongActivity

In the virtual on-demand gig economy, we are all responsible for our own career path, which will become a portfolio of projects and careers.

Future workspheres will become centers of learning & knowledge, mentoring, networking, skills and reputation enhancement.



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THE FUTURE OF WORK IS ABOUT INEVITABLE CHANGE ...

We are all embracing this new world of work. However, workplace environments are still slow to respond to the new challenges.

Co-sharing spaces have passed the early adopter phase, but there is still a long way to go before we create a genuine global working environment that embraces this brave new world of work.

... requiring new practices in the way companies and individuals are operating.


THINK BEFORE YOU PRINT!

Unwork. Your Way

Trevor J. O’Hara, Founder, One City

[email protected] +44 7714 766065 (UK) +1 778 874 3249 (North America)

www.one-city.com Facebook.com/onecityglobal Twitter @onecityglobal

Get in touch

Date post:	15-Jan-2015
Category:	Business
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