Invest in workspaces that facilitate collaboration

Invest in workspaces that facilitate collaboration
Strategist Team
Last Updated : Nov 09 2015 | 12:06 AM IST
Growth markets such as India and China present a host of special challenges for global enterprises and local firms alike. A new research by Steelcase shows that the type of work many companies perform in these countries is becoming increasingly more sophisticated, putting a premium on creating workspaces that can help keep valued employees happy and productive. Steelcase's research shows that offices that facilitate collaboration, provide employees with a sense of personal space and offer a pleasant respite from hectic city life can make a big difference in retaining employees and building a productive and positive company culture.

Companies that once saw the developing world as primarily a source of low-cost labour are now shifting to higher-skilled work in places like India and China. As a result, businesses in growth markets have limited space for large employee populations. Steelcase suggests that enhancing employee wellbeing even in a very high-density workplace begins with offering a"palette" of different types of spaces that can spur creativity and foster teamwork, and a "modular" approach to office design can assure resiliency in the context of constant change.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 09 2015 | 12:06 AM IST

Next Story