There has been a steady rise in the number of coworking spaces worldwide in recent years, so it’s critical to understand what’s fueling this expansion. One of the most important factors in the evolution of the coworking sector is the shared values that all of the spaces have in common, just like any other industry.
A company’s mission statement is vital in today’s business environment. As a formal expression of its goals and values, it enables employees and customers to have an understanding of how the company perceives itself and what it aims for. In order to distinguish themselves from their competition, every organization has a unique mission statement.
The majority of coworking spaces instead have “statements” of shared principles that are relatively similar across the board. The rise of coworking as a global corporate movement may be attributed to five main principles: collaboration, openness, sustainability, accessibility, and community. We’ll go into more into about the significance of these values in the context of coworking culture below.
1. Coworking = Collaboration
High rates of collaboration are vital in coworking spaces because they cater to entrepreneurs and freelancers in particular. There are many challenges and uncertainties that come along with starting a business.
That’s why working together is so important. It is essential for each employee to feel that they are able to interact with their coworkers and seek guidance on specific issues.
Because of this, coworking facilities have exploded in popularity around the world. It’s a win-win situation for freelancers and start-ups who work in coworking spaces since they know they can help each other out. They might also benefit from the experience of their fellow employees by exchanging ideas with them.
2. Openness
Even in the most conservative industries, openness is a requirement for every company’s culture. This is critical because it allows people to be themselves and not worry about anything other than attaining their goals.
This is the most effective use of coworking space. To enhance collaboration and trust, coworkers are encouraged to openly interact with each other, establishing an atmosphere of trust and openness in their workspaces.
3. Sustainability
Shared commitment to environmental stewardship is a major reason why coworking has been such a hit. Shorthand for keeping an unwavering balance of giving and receiving with one’s employees, this word is utilized.
It’s worked out well for coworkers, who have realized that what they put in is what they get out of it. It is a point of pride for coworking spaces because they offer its members resources to assist them expand their businesses and foster a spirit of altruism among their members. It is because of this idea of exchanging knowledge and skills that coworking is so popular among freelancers and startups.
4. Accessibility
In terms of location and education, coworking spaces place a strong emphasis on ensuring their locations are accessible. Fixing the room at a position where daily activities like eating, coffee shops, gyms, libraries, and so on are readily available is critical.
For their coworkers who seek to further their education, they provide access to resources that allow them to do so if they so desire. Speaking engagements, workshops, and other gatherings can all be used in this capacity. It is important to coworking spaces that its employees have the opportunity to grow and achieve in an inclusive environment.
5. Coworking = Community
A community is all about making room for your employees and building friendships with them. Coworking’s success has been attributed in large part to its emphasis on developing connections among its members, making this quality incredibly valuable.
An emphasis on community is critical because the closer coworkers become to one another, the more opportunities there are for collaboration and mutual gain for everybody.
