Explore the Future of Work Recap

On Thursday 2/13, Workspring hosted a lively discussion about the Future of Work. Panelists included Drew Jones, an ethnographer exploring design, innovation, and employee experience design and partner at Austin coworking space Conjunctured and Sam Rosen from Desktime as well as John Pipino, who goes by Pip, a consultant at Doblin with Workspring’s Managing Director Danielle Galmore serving as moderator.

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courtesy of Workspring

The discussion was in support and response to Drew’s book [The Fifth Age of Work][2}.

What is the Fifth Age of Work?

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Working Remotely: How To Do It Right and Why

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from Entrepreneurs Unpluggd

Last night’s Entrepreneurs Unpluggd event Working Remotely: How To Do It Right and Why in Chicago brought together a room full of people and four speakers exploring what it means to work remotely. Here’s a round up on the big ideas in case you missed it.

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Changing Office Trends Are Changing Commercial Real Estate

This week this piece on changing office trends and the impact on commercial real estate from Costar has got us talking.

Some of our takeaways:

  • Tenants are downsizing their offices, particularly larger public firms, as they increasingly adopt policies for sharing non-dedicated offices and implement technology to support their employees’ ability to work anywhere and anytime”
  • A decrease of a convervative estimate of 20% of the nation’s current office space means $250 billion in excess capacity
  • Sharing space means utilization rates of 80-95% instead of around 50% under the traditional corporate hierarchy
  • While 250 sq ft per office employee was the standard a decade ago, the average now is about 195 sq ft so even if economic uncertainties are removed, the shift to efficient space usage is still evident

“Everything we’ve seen since 2006 and 2008 could be called the ‘Great Deleveraging'” Wilson Greenlaw, VP, Thalhimer

  • While pointing at the economic factors of minimizing space, the experts also say the single largest factor driving this trend is technology, citing cloud-based file storage and an ability to access and share work anywhere
  • Efficient space use is impacting building systems and stressing things like parking, elevators, restrooms
  • Spaces aren’t the only thing being downsized—leases were considered long if they lasted a decade, then five-seven years and now three years
  • It’s not just a total downsizing—what’s given up in individual office spaces is, to a degree, lessened by extra, flexible meeting space.

Give it a read. What stuck with you?