Real Estate Investor Magazine South Africa February/ March 2020 | Page 40

OFFICE THE WORKSPACE REVOLUTION HAS BEGUN What got us to this point? There are three principal reasons why more people are increasingly using flexible workspaces: 1 Digitalisation and new technologies are changing how people work The rapid acceleration of technology has changed what's possible. Within two years, 80 percent of the world's population will own a smartphone. The cloud has grown exponentially. Artificial intelligence, automation, virtual and augmented reality are not futuristic technologies. Put simply, it's now increasingly easy for a person to plug in and work from anywhere. 2 People want the personal productivity gains Workers are increasingly aware of the new ways of working — particularly those digital natives who have grown up with this technology and whose expectations are less shackled by what was possible before. Whether it’s closer to work or in the countryside, they can work anywhere, and they know that they can work in different ways that suit them and their lifestyles. This means that they appreciate flexibility. They want to work for a business in which they can experience the benefits of a collaborative community, wherever they are, without wasting hours of their day. 3 Businesses can benefit, financially and strategically Thirdly, businesses are increasingly aware of this and they know that a smart strategy on flexible working can 38 FEBRUARY/MARCH 2020 SA Real Estate Investor Magazine help them to secure the best talent. That's an advantage in a competitive world. But what businesses also increasingly understand are the financial and strategic advantages a flexible workspace strategy brings. A flexible workspace approach cuts real estate costs and allows businesses to concentrate on their core business, rather than being forced into also becoming a real estate business. This allows large businesses to become nimble. A business can move people into a new market quickly and take them out again when required. They can move their people closer to their suppliers. They can do all of this without committing to long leases and expensive relocation costs. WHO WE HELP 1 FRANCHISEES Your chance to be at the heart of our business model At IWG, we’re keen to create partnerships with experienced operators who will enable us to grow our network of places to work. Great opportunities are there for franchise operators to share in the success of our growing network in multiple markets across the world. It’s key to our growth strategy that we can enter new markets as well as increasing our presence in the 1 100 cities and towns where we already operate. That’s why we’re actively looking for franchise partners interested in the strong returns and growth opportunities that implementing our business model can deliver for them. We have several franchises in place across several continents in which our partners are successfully achieving their ambitions. Perhaps you could be one of them? We can help you source a flexible solution for every client,