We are carrying on with exploring the different opportunities Coworking presents in different sectors and across functions. Today, we are exploring Coworking and HR. Coworking spaces are at the center of defining the new way of working. What does this mean for HR and how is the collaboration shaping up globally and what will it look like in Nigeria?
Coworking has gained a lot of attention from HR globally, as companies seek to inject similar creativity and innovation into their workspaces. Firms of all sizes are beginning to supplement their traditional offices with a range of flexible and shared office coworking offers. In fact, large corporates like Orange, IBM, Coca Cola and Phillips have incorporated the coworking arrangement into their workplace settings. Others like Microsoft are giving a portion of employees Coworking memberships at places like Wework.
We understand why SMEs and startups embrace Coworking, but why would large corporates do the same? We found three key reasons for large corporates embracing Coworking:
Innovation- To inject innovation and fresh ideas: Coworking exposes staff to new ideas, new ways of working and a new network of contacts.
Recruitment and retention: To attract a new generation of workers who want flexibility, creative environments and shorter commute times
Cost Effectiveness: To manage overhead costs arising from sudden or unexpected changes in staffing levels. Office space constraints become a thing of the past, especially for short term projects that require dedicated space.
Overall, it's all about having an attractive employee value proposition and repositioning for high performance in the digital era.
How will the partnership between HR and Coworking spaces evolve? In our environment where the competition for quality talent is intense, could Coworking solutions provide HR departments with a competitive edge? Or would it be driven by cost effectiveness or innovation? Whatever the case, coworking spaces are breaking the code on how to foster collaboration and member wellbeing. HR departments can leverage this.
Here are a few other reasons why HR departments should explore coworking now! HR has a lot to love about coworking! As always, early HR adopters will stand the most to gain. What do you think about HR and Coworking? What opportunities do you see in Nigeria? Please share your views with us.
The future of work definitely won’t be dull! Welcome to work in the digital era!
To Learn more Join us on July 27th at Nigeria’s first Coworking Conference. The conference is FREE but limited seats are available! Register now on www.coworkingng.co and follow our conversations on all platforms @CoworkingNG and with the #CoworkNG