{"id":2067,"date":"2013-10-09T07:21:27","date_gmt":"2013-10-09T07:21:27","guid":{"rendered":"http:\/\/alliancevirtualoffices.com\/abettervirtual\/?p=2067"},"modified":"2023-09-18T17:47:25","modified_gmt":"2023-09-18T21:47:25","slug":"8-reasons-corporations-are-downsizing-office-space","status":"publish","type":"post","link":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/8-reasons-corporations-are-downsizing-office-space\/","title":{"rendered":"8 Reasons Corporations are Downsizing Office Space"},"content":{"rendered":"<p>Looking back a decade or so ago it was absolutely essential to have an office, or more likely, a cubicle. That\u2019s where we had meetings, saw our coworkers, and just got work done. That\u2019s how Jacob Morgan, principal and co-founder of Chess Media Group, a management consulting and strategic advisory firm on the future of work and collaboration, started off his recent Forbes column.<\/p>\n<p>Entitled \u201c<a href=\"https:\/\/www.forbes.com\/sites\/jacobmorgan\/2013\/10\/01\/8-indisputable-reasons-for-why-we-dont-need-offices\/\" target=\"_blank\" rel=\"noopener noreferrer\">8 Indisputable Reasons Why We Don\u2019t Need Offices<\/a>,\u201d Morgan points to facts and figures about the rising remote workforce before offering up his broader reasoning. I would recommend reading his entire article, but I\u2019ll summarize his key points and how they relate to the business center world.<\/p>\n<p><strong>1. Collaborative technologies<\/strong><br \/>\nMorgan says new technologies are <a href=\"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/the-no-frills-resource-guide-for-digital-nomads\/\" target=\"_blank\" rel=\"noopener noreferrer\">allowing employees to \u201cconnect to work,\u201d<\/a> meaning that the only thing we need to get our jobs done is an Internet connection.<\/p>\n<p>That\u2019s absolutely true and that\u2019s why your business center needs to pre-install any app, like WebEx, or software that your virtual office or mobile working day office users may choose to tap into.<\/p>\n<p><strong>2. New generation of workers<\/strong><br \/>\nMorgan notes that Millennials are projected to be the majority of the U.S. workforce by 2020 &#8211; just a few years away. This is a generation that is used to being connected.<\/p>\n<p>Again, true. Your business center needs to adapt to the needs of the new generation of employees. That may mean technology, but it may also mean your d\u00e9cor.<\/p>\n<p><strong>3. A more attractive workplace<\/strong><br \/>\nMorgan says chances are that if you were to ask someone if they would rather work from an office or from their home, they would say their home (or co-working spot). He points to a report his firm released revealing 90% of workers believe that an organization offering flexible work environments is more attractive than an organization that does not.<\/p>\n<p>Is your business center reaching out to CEOs about leveraging your resources in their flexible work model? If not, you should.<\/p>\n<p><strong>4. Companies save money<\/strong><br \/>\nMorgan says companies spend a massive amount of money on <a class=\"wpil_keyword_link\" title=\"real estate\" href=\"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/study-expanding-real-estate-business-virtually\/\" data-wpil-keyword-link=\"linked\">real estate<\/a> space to house their employees. Companies also have to spend money on office equipment, Internet, amenities, and a host of other things.<\/p>\n<p>True, indeed. This is part of what makes business centers so attractive. It\u2019s a turnkey proposition with no up front investments and no hidden costs. Communicate those advantages to the marketplace.<\/p>\n<p>Morgan\u2019s final reasons are: (5) employees save time; (6) employees are more productive; (7) improved quality of life for employees; and (8) new workplaces. His conclusion: We don\u2019t need to look farther than our personal lives to see why working from an office isn\u2019t always the best approach.<\/p>\n<p>\u201cThe point here isn\u2019t to say that face-to-face communication is dead, because it isn\u2019t, and we certainly don\u2019t want to get rid of human contact (at least most of us),\u201d he says. \u201cInstead organizations need to implement more flexible work environments for employees to allow them to decide how they want to work.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The office isn&#8217;t dead, it&#8217;s just changing. In a big way.<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","inline_featured_image":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","video":"","gallery":"","source_name":"","source_url":"","via_name":"","via_url":"","override":[{"single_blog_custom":"","sidebar":"","second_sidebar":"","share_position":"","share_float_style":"","post_date_format":"","post_date_format_custom":"","post_reading_time_wpm":"","zoom_button_out_step":"1","zoom_button_in_step":"1","number_popup_post":"1"}],"image_override":[{"single_post_thumbnail_size":"","single_post_gallery_size":""}],"trending_post_position":"","trending_post_label":"","sponsored_post_label":"","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo":"","sponsored_post_desc":""},"jnews_primary_category":{"id":""},"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[1890],"tags":[129,763,357],"class_list":["post-2067","post","type-post","status-publish","format-standard","hentry","category-small-business","tag-flexible-working","tag-traditional-office-space","tag-virtual-technologies"],"aioseo_notices":[],"featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","web-stories-poster-portrait":"","web-stories-publisher-logo":"","web-stories-thumbnail":"","jnews-360x180":"","jnews-750x375":"","jnews-1140x570":"","jnews-120x86":"","jnews-350x250":"","jnews-750x536":"","jnews-1140x815":"","jnews-360x504":"","jnews-75x75":"","jnews-350x350":"","jnews-featured-750":"","jnews-featured-1140":""},"post_excerpt_stackable_v2":"<p>The office isn&#8217;t dead, it&#8217;s just changing. In a big way.<\/p>\n","category_list_v2":"<a href=\"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/category\/small-business\/\" rel=\"category tag\">Small Business<\/a>","author_info_v2":{"name":"Mike Sullivan","url":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/author\/admin\/"},"comments_num_v2":"1 comment","author_meta":{"display_name":"Mike Sullivan","author_link":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/author\/admin\/"},"featured_img":null,"coauthors":[],"tax_additional":{"categories":{"linked":["<a href=\"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/category\/small-business\/\" class=\"advgb-post-tax-term\">Small Business<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Small Business<\/span>"]},"tags":{"linked":["<a href=\"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/category\/small-business\/\" class=\"advgb-post-tax-term\">flexible working<\/a>","<a href=\"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/category\/small-business\/\" class=\"advgb-post-tax-term\">traditional office space<\/a>","<a href=\"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/category\/small-business\/\" class=\"advgb-post-tax-term\">virtual technologies<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">flexible working<\/span>","<span class=\"advgb-post-tax-term\">traditional office space<\/span>","<span class=\"advgb-post-tax-term\">virtual technologies<\/span>"]}},"comment_count":"1","relative_dates":{"created":"Posted 13 years ago","modified":"Updated 3 years ago"},"absolute_dates":{"created":"Posted on October 9, 2013","modified":"Updated on September 18, 2023"},"absolute_dates_time":{"created":"Posted on October 9, 2013 7:21 am","modified":"Updated on September 18, 2023 5:47 pm"},"featured_img_caption":"","series_order":"","_links":{"self":[{"href":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-json\/wp\/v2\/posts\/2067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-json\/wp\/v2\/comments?post=2067"}],"version-history":[{"count":0,"href":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-json\/wp\/v2\/posts\/2067\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-json\/wp\/v2\/media?parent=2067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-json\/wp\/v2\/categories?post=2067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-json\/wp\/v2\/tags?post=2067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}