Hybrid working model will help employees save time and money on commute

15 March 2021

Hybrid working model will help employees save time and money on commute

  • Economic Times

The future of work will be about ‘anywhere, anytime’ as office spaces will act as a central hub for collaboration, innovation and organizational culture, according to experts.

In a webinar by Awfis, home-grown flex workspace provider- India Inc’s Return to the Workplace: Strategies for the New Office’, experts said that pandemic has accelerated the digital transformation for businesses by providing an opportunity to reimagine the future of work. Companies are trying to adapt to these changes to provide a solution that works best for their employees.

“We are in the midst of some of the largest transformation of the decade that will forever redefine how work gets done in India Inc. While WFH did help businesses survive the lockdown, there is a general fatigue that has arisen from lack of social interactions significantly affecting company cultures,” said Amit Ramani, CEO & Founder, Awfis.

While WFH was proclaimed as the new normal, it has proven to be a non-viable solution in the long term for substantial portion of the workforce which has resulted in employees across the globe to look for solutions that offer ample flexibility and collaboration.

Furthermore, the inability of Indian households to support a long term WFH due to infrastructural constraints has led to the adoption of hybrid work models by various companies.

The hybrid model of working answers all aspects, whether it is related to employers, employer or the environment. It is an effective and efficient way for companies to adopt the future of working. An amalgamation of all these facets has demonstrated that the hybrid model of working is here to stay,” said Sameer Saxena, India Real Estate Services Leader at Marsh & McLennan Companies.

Niraj Basotia, Group COO, Usha Martin Technologies said that the evolution and preparedness of companies in terms of infrastructure and cyber security will determine how fast they are able to adapt to a hybrid culture and make it successful for their employees.

Additionally, employee discipline and management’s trust in the employee will go hand in hand in defining how the hybrid model of working will take shape,” Basotia said.

Experts said that blurring of lines between personal spaces and professional space can cause fatigue amongst employees and put into question the feasibility of a WFH scenario.

The new office will become the meeting point driven by quality. Today, organizations are evaluating and experimenting until a new model for real estate evolves. Focus of organisations is on maintaining and enhancing social capital and culture,” said Viral Desai, National Director Office Transactions, Knight Frank India.
According to Shamsher Sindhu, Vice President & Head RES, APAC, Mastercard, the three key pillars that basis which organizations were able to curate a seamless employee experience in a pre-pandemic world were – organizational culture, technology and physical space.

“While these three pillars remain will remain essential, it is imperative to note which of these pillars will be more important in the current scenario,” Sindhu said.

Organizations are focusing on contactless solutions, proximity based solutions and IoT based solutions. Most of these solutions will help productivity of employees and support them to work on the go. Smart offices will be the future with more focus on agility and collaborative spaces.

Work has moved from a workplace centric world to a work centric world. Organizations are now looking at converging work, workforce and workplace.

The pandemic just changed certain dynamics of the physical workplace and has hastened the realization that work is not somewhere you go, but something you do. It’s not a change, but a fundamental shift,” said Praveen Vasudeva, Country Head, India- Global Real Estate & Facilities, SAP.
Awfis leases over 11k sq ft workspace in Kolkata to 3 large corporates in 6 months

13 October 2022

Awfis leases over 11k sq ft workspace in Kolkata to 3 large corporates in 6 months

  • Posted by Awfis Editorial

Awfis, India’s largest network of coworking spaces has leased over one lakh sq. ft. workspace in Kolkata to 3 large corporates in last 6 months alone.

In line with this partnership, Grant Thornton has taken customized set up in Awfis’ Eco Centre (Awfis Gold centre) at Acropolis Mall in Kolkata. Along with Grant Thornton, Awfis has also partnered with Teleperformance, a global digital integrated business service provider, and Conneqt, a leading digital IT and BPM services provider for over 1000 seats at Godrej Waterside and Technopolis centres respectively. In the past, Awfis has also partnered with electronics giant Samsung for over 500 seats in Kolkata.

Flex players are now taking up spaces in malls and hotels to expand their presence as startups, SMESs and enterprises warm up to the idea of shared facilities over owned premises. Given the above, Awfis is taking the collaborative workspace model to newer spaces like hotels and malls to meet the hybrid workspace demand, which has skyrocketed post-pandemic.

The Awfis environment provides a unique amalgamation of different workstyles while providing the company’s employees with amenities and benefits such as meeting rooms, a well-designed collaboration area, a multi-cuisine restaurant, concierge service along with full hygiene and safety measures.

“We are delighted to have a leading establishment like Grant Thornton as a key client. This valuable partnership is a game-changer for the industry where large corporates have realised the benefits of flexible working and are increasingly shifting from a centralized conventional office to decentralized and distributed flex offices for their workforce,” said Amit Ramani, Founder & CEO, Awfis.

Sumit Lakhani, Deputy CEO, Awfis added, “The trend of using flexible spaces in commercial real estate portfolios of large organizations is witnessing unprecedented growth and will become more prominent in the coming future. The flex space take up from large corporates in Kolkata is a clear reflection of the surge in demand that we are seeing pan India across all metros and tier 2 markets as well. Flex players are now being seen as valuable partners in setting up highly customized, efficient and agile workspaces by companies of all sizes.” he added.

Sanjay Mehta, Executive Director- Workplace Enablement, Grant Thornton Bharat said, “The vibrant tech-enabled environment, provides the right mix of a corporate office ambience combined with new-age elements for collaborative engagements and enhanced innovation. This will help improve our people and client experience.”

Currently, Awfis has 9 centres in Kolkata spread across premier and sought-after locations that include Acropolis Mall, Chowringhee road, Salt Lake, IT Hub in Salt Lake Sector V, and plans to add 2 new centres in the next 3 months.

Awfis Space Solutions currently has the largest network of coworking spaces with 131 centres and 77,500 seats across 14 cities.

This story appeared in the 13 October, 2022 issue of Economic Times and was originally published at: Awfis leases over 11k sq ft workspace in Kolkata to 3 large corporates in 6 months

Flexible space demand rises in step with return to office

03 August 2022

Flexible space demand rises in step with return to office

  • Posted by Awfis Editorial

After a gap of two years, the return-to-office arrangement has gathered momentum, with 74% of the occupiers of office spaces looking toward distributed workspaces as a strategy to shift from location-centric to people-centric work facilities, mentioned a C-Suite Survey conducted by Colliers and Awfis.

The report further mentions that the new work way is expected to enable flexibility for employees while furthering productivity gains for businesses and includes a hybrid way of working wherein employees come into the office a few times a week.

The survey was conducted amongst top CEOs and CXOs across IT/ITes, BFSI and e-commerce sectors, with more than 150 companies participating. It mentions that about 35% of the occupiers have seen a majority (75-100%) of employees return to offices.

“Distributed workspace strategy is the way to go for occupiers in this new era of experiential workplaces, as occupiers emerge from the after-effects of the pandemic,” said Ramesh Nair, Chief Executive Officer, India and Managing Director, Market Development, Asia, Colliers. “Flex spaces, in particular, are leading this growth, as occupiers from varied sectors are housing teams in flex centers across cities.”

This shift in strategy is also reflected in the leasing by flex operators. They leased about 3.5 million sq feet of space in H1 2022 across the top six cities.

This story appeared in the 3 August, 2022 issue of The Economic Times and was originally published at: Flexible space demand rises in step with return to office

Awfis elevates Sumit Lakhani to Deputy CEO

21 July 2022

Awfis elevates Sumit Lakhani to Deputy CEO

  • Posted by Awfis Editorial

Awfis, one of the country’s largest network of coworking spaces has announced the elevation of Sumit Lakhani as Deputy CEO of the company. Previously, Sumit was the chief sales and marketing officer at Awfis and has been a crucial part of the company since it’s inception in 2015.

Lakhani has been instrumental in building the company from the ground up. He’s played a key business role, not limited only to sales and marketing. With his keen interest and acumen in finance and strategy, he has also been in the forefront of delivery, revenue generation and maximizing operational excellence. In his new role, Sumit will be responsible for all facets of the company’s investor relations, FP&A along with the existing responsibility of sales and marketing.

“Awfis and will continue to strive to further enrich the experiences for our existing community and scale towards greater heights. Awfis is redefining the future of work that focuses on creating a flexible, dynamic, and collaborative workplace environment for all its stakeholders and I am delighted to be a part of this journey.” said Lakhani.

Amit Ramani, Founder & CEO, Awfis said, “With his demonstrated ability to balance operational excellence with financial and marketing discipline, Sumit will provide instrumental leadership and direction to Awfis. I am confident Sumit will continue to drive innovation and growth for Awfis in his new role.”

Till date, Lakhani has successfully led various rounds of fund-raise and his zealous commitment to transform Awfis from a coworking network to a complete workplace solution platform.

This story appeared in the 21 July, 2022 issue of The Economic Times and was originally published at: Awfis elevates Sumit Lakhani to Deputy CEO