If you are a startup owner, you would know how important it is for your employees to stay productive. Their productivity contributes to your business directly.
Likewise, if you are a freelancer, maintaining your productivity high holds the most importance.
Often times, the factors that hamper productivity are obvious - workplace distraction, while other times they might not be apparent. One such factor is the work environment. The place you work from is shown to have an impact on your mood, focus and productivity alike. Even factors that you might consider trivial, like temperature and light, influence your work directly. Therefore let us throw some light on this topic and understand how the environment can affect your productivity.
Work Environment and Productivity
A recent study on workspace impact on mental and physical health describes how our mental health, productivity and overall well being is a consequence of our work environment.According to the same research findings, we spend nearly 33 % of conscience day time in office. Therefore, for a much evident reason, start-ups and business owners must take “work environment” into consideration and make well-informed decisions when it comes to narrowing down to an effective office space.
So, what is the solution then?
Well, selecting an apt office space is a decision that’s based on several factors including budget, team size, decent work environment, etc. That is why you should consider coworking spaces as they take all your hassle away and leave you with your productive hours.
But, before we draw any conclusion, let’s see what more factors affect employee productivity and how can coworking be a reliable and a considerable option.
How Do Coworking Spaces Supports Productivity?
Listed below are some ways coworking helps in enhancing employee productivity at work:
1. Flexibility
In the recent times, many Studies have found that 64% of the global business leaders assert that flexible working reflected a positive impact on productivity. This statistic confirms that in today’s workforce era, nothing attracts employees more than flexibility.
Being in charge of their time, employees feel empowered which results in higher productivity and job satisfaction. Apart from this, here is why employees are more productive with a flexible work environment:
(a) They work at a time they feel most productive at,
(b) They take regular intervals between work,
(c) They have the liberty to work from any place that promises productivity
At coworking spaces, you get the freedom to work at your own time and place. This ensures higher employee productivity at work and results in desirable outcomes.
2. Ambience
While correct lighting can lift your energy and productivity level, dim lights in the workspace can make you feel less motivated, drowsy and in turn exhaust the productivity.
Striking the right balance between artificial and natural lighting is the key. Additionally, having plants in and/or around your desk or workstation is a smart way to keep you refreshed.
Apart from the light and plants, a favourable environment makes you feel comfortable. People working from collaborative spaces feel the community vibe keeps them motivated.Therefore, this is another factor to consider when linking employee productivity to workspaces.
3. Break Out Spaces
Break out spaces and taking breaks in between work are essential, especially when you are working long hours. For the said reason, break out spaces in coworking help you keep up with the productivity.
When you don’t take a break, you end up being stressed out. Same goes with your employees, not only that it affects their health but affect the company also. Spaces like a garden, cafe, etc are ideal as they can take away the work-related stress and provide much-needed change.
4. Innovative Working Space
Every individual has their own preference when we talk about workspaces. However, it is no surprise that creative spaces bring out the best in you. While some like to work in complete silence, others appreciate music.
Having variety in spaces encourages people to work more enthusiastically; that is when hot desks, meeting rooms and private cubicles serve their purpose.
Key Takeaways
So these were some ways workspace can affect your productivity. Selecting a workspace can be a crucial decision that comes with a long-term promise. Luckily, it is not as tedious as you may think.
If you want to opt-out to coworking space, give us a call and let’s select the best workstation for you – private cubicle or hot desk or corporate – your call!
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Raju is an accomplished Business development leader offering over 19 years of experience, driving revenue through generating, building and maintaining client relationships. Raju is very creative and dynamic marketer with proven expertise in consistently penetrating new markets to ensure sustainable revenue growth. He leverages exemplary communication and in-person meetings with clients to establish presence and build a positive brand while fostering continuous client engagement. Adept at working effectively to achieve goals both as a cross-functional team member and business leader.
Chiranjiv is profit-oriented Chief Executive Officer with demonstrated success with 20 years’ experience in managing finances, administration, IT team, achieving cost reductions, and improving customer satisfaction in customer-facing operations. Chiranjiv has expertise in management and implementation of complex technologies and successful organizational integrations also including unique digital marketing planning and execution.
Kobybo – CEO
A multi-faceted professional, skilled in blending creative intellect/insight and sharp planning skills for managing business operations & meeting top/bottom-line objectives as well as amalgamating the industrial experience with classroom learning, in field of Marketing Management, Brand Management & Entrepreneurship. Himanshu has worked in the Banking domain and has gained in-depth insights in this sector. In his career Himanshu has handled the portfolio of 73 bank branches across NCR & Western UP, where he efficiently managed portfolio of business worth Rs 500 million per annum and achieved growth rate in double figure i.e. 250 million INR in 4 years with growth rate increased from 3% to 14%.
In recent years, Himanshu shifted his attention to the e-learning sector and has successfully established one of the top E-learning enterprise in Dehradun, Uttarakhand; with which Himanshu has successfully helped bankers & exporters to enhance their total revenue by INR 360 million. Himanshu brings in vast Sales and Marketing experience to the community at Pannal.
Manmohan is a serial entrepreneur, angel investor and a qualified Chartered Accountant. He is the former CEO and Co-Founder of Yebhi.com and former CEO of Vishal Retail Limited. At Yebhi, he successfully raised several rounds from prominent VCs such as Qualcomm Ventures, Nexus Venture Partners and Catamaran Ventures. Manmohan started his career as an entrepreneur, setting up the first private gold mine in India. Thereafter, he was the CEO of Vishal Retail and was instrumental in expanding its business in India. With his practical industry experience, he is on a journey to evolve the Indian E-commerce and logistics framework.
Partner – Cadence Partners
Ravish is an independent design professional having obtained a B.Arch. from School of Planning and Architecture (SPA) New Delhi. he is a member of the Panel of Council of Architecture for Inspection and Accreditation of Architectural Institutions since 2002. He is a member of various committees constituted by COUNCIL OF ARCHITECTURE 2002-2004 and also a member of Technical Advisory Committee for appointment of consultants for India Institute OF Management, Rothak (IIM-R). He has handled architecture, interior design and remodeling oriented projects all over the country and has been extensively involved with retail design, corporate design, hospitality design and creating corporate identity system. His current projects include work for B.P.Os and K.P.Os for various telecom companies in India, Africa and South East Area. He is also involved with I.T. sector projects in North and South India.
He has industry focused knowledge in creative strategy, art direction, advertising, logo design, interior architecture, furniture, comprehensive planning, branding & identity, strategic planning, urban planning, corporate branding, architecture, marketing, photography and mixed use.
Partner – Direct Tax, M&A
Vaibhav is a fellow member of the Institute of Chartered Accountants of India (ICAI) and a company secretary. He has worked with international consulting firms for more than a decade before venturing into own consulting firm. He has over 16 years of post-qualification experience in corporate tax, international taxation, transaction tax advisory and business restructurings along with valuations, compliance and regulatory matters.
Vaibhav has extensive knowledge and expertise on advising on transaction structuring including demergers, acquisitions, corporate restructuring, capital restructuring, promoter shareholding, family settlements, advice on technical collaborations, cross border taxation like inbound and outbound investment structures, international holding structures, creating holding structure to capture value of operating companies, succession planning, enhancing promoters’ stake and tax due diligence.
Digital Marketing Manager – Pannal
Varun graduated in Business Administration from IIPM, New Delhi; and later completed his Master’s in Strategic Marketing from Coventry University UK. Varun is a full-stack marketing professional who manages both Online and Offline marketing operations for Pannal. With more than 5 years of work experience Varun has worked extensively in Digital Marketing, Search Engine Optimization and Website development domains, from working with Ecommerce Startups like Nutrabay to top IT training MNC like NetCom Learning Varun has acquired extensive hands-on experience and skills which allows him to create potent Marketing strategies to help the organization achieve their goals efficiently.
Email: marketing@pannal.work
HR and Payroll Manager
He has an MBA from ICFAI University
Bhishek has total of 10+ Years of rich experience in handling different HR functions/ verticals as per the organizational policies and defined roles. He works on strategic initiations, maintaining and enhancing the organization’s human resources by planning, implementing, and evaluating human resources policies, programs, and practices. He has developed an expertise in recruitments, talent acquisition, employee relations/ engagement, payroll and compliances.
Email: hr@pannal.work
Corporate Counsel- Pannal
Madhavan is a corporate lawyer and completed his law from Campus Law Centre, Delhi University. He has vast experience in corporate laws and litigation with a focus on Fundraising, M&A, Joint Ventures, Private Equity, Commercial Contracts and General Corporate Advisory. Before setting up ‘Law Office of Madhavan Srivatsan’, a boutique law firm, he has worked in corporate laws as a Partner with one of the leading law firms in India and with a senior advocate in litigation, as well as worked as in-house counsel.
Currently, Madhavan provides legal advice to several entrepreneurs, start-ups SMEs and corporates. He has industry specific expertise in renewable energy, education, consumer goods, trading and merchandise and sports law. He has suitable mentorship quality for each of the stakeholders in corporate matters, whether it be the company, founders or investors, and is the perfect Friend-In-Need for our members at Pannal.
Partner- Cadence Partners
He is MBA, Engg, PMP Certified, MPM, ITIL, SOX TOGAF, ScurmMatser, SAFe, BI 101
Brings 35 years + experience in International Business, PMO/Program-complex Project Management, Best Practices and creating Center of Excellence. Worked as a Technical Advisor/Vice President/Country Head/Director with Multinationals, Global Corporate groups based out of UK, US and SE Asia. Worked with Fortune 100 Groups in Strategic IT Consulting, Healthcare, Supply chain, Entertainment, Automotive etc providing Creative Business Solutions, Process Excellence, complex Project Management, launched Products, created USP in global markets and making Outstanding things happen.
Author of Book ”Make Outstanding Things Happen with Center of Excellence”- winner of Independent Press Award. Founder@ BPOP Group @ linkedin for Best Practices where Mind meets Excellence.
Senior IT Administrator- Pannal
Lokesh is the Senior IT Administrator at Pannal, bringing in more than 10 years of experience to provide integrated technical expertise to our members. He holds a Diploma and B.Tech in Computer Science & Engineering, with specific focus in operating systems, computer networking, computer architecture, internet and e-commerce. He has worked at several organisations including Ramtech Software Solutions, ADI, SilverFox Web-Solutions and India Mart. He has also co-founded Aaden Business Solutions which provides quality and economic IT solutions to startups, SMEs and larger organisations. At Pannal, Lokesh is the single point of contact for all your IT needs.
Email: itsupport@smprofessional.info
Associate Partner- Cadence Partners
TCS is an Associate Partner at Cadence Partners LLP. He is a qualified Chartered Accountant and an alumni from St Xavier’s College Kolkata. He has more than 30 years of industry experience in Strategy, Business Planning, Outsourcing, Forecasting, Management Consulting, Financial Modelling, Software Project Management, Offshoring, Managerial Finance, Process Improvement, Business Transformation, Strategic Planning, CRM, Mergers and P&L Management.
He has global experience, having worked with Shaw Wallace Co, Xerox India, Qualcomm India, EDS, IBS Software Services, Brahma Group and Birlasoft. As a visionary and thorough professional, he is associated with Cadence to provide virtual business support to entrepreneurs, startups and SMEs.
Senior Partner- Cadence Partners
Shafali is an entrepreneur, founder, angel investor and a professional mentor. Shafali is a Chartered Accountant (an all India Rank Holder – 47th), an alumni of Sydenham Mumbai(B.Com.) and Welham, Dehradun. Her experience is a blend of over more than 25 years in direct industry as well as advisory. She brings with her a rich experience in providing support to different operational verticals including finance, accounting, HR, facility, administration and legal compliances. She has worked in various Indian and foreign organizations such as Dentsply, Butterworths, the Emirates Group, Electronics Data Systems (EDS) and Astra Business Services.
She also co-founded Knowledge Podium Systems and was integral in their product development, setting up their financial, accounting & HR frameworks, and compliances. Her core expertise is to be able to act as a business partner to the core management team, bringing in depth experience of various industries and integrating different organizational verticals.
Email: shafali.agarwal@cadencepartners.co.in
Senior Partner- Cadence Partners
Mukul is a business leader, disruptor, founder, angel investor and a professional mentor. He is a Chartered Accountant, LL.B (Merit Holder and Gold Medalist) and B.A in Political Science. Mukul brings in more than 29 years of general management experience, P&L management, business strategy & planning, evolving new business models. He has worked with several MNCs, Conglomerates, BPOs and startups. He has global experience across India, South-East Asia, Europe and UAE, having worked in various Indian & foreign organisations such as HPCL, Hughes Software Systems, SDRC, UGS, Eurostar, Astra Business Services and Dassault Systemes.
He has lead different portfolios including finance, accounting, tax, HR, IT, procurement, infrastructure development, corporate simplification, BCP &security, CSR, sustainability, adherence to carbon footprint, and other cross functional business operations. He has also managed legal & statutory compliances, been part of management committees, arbitrations and employee litigations.
Combining his business and management expertise, he has focused on providing strategic and operational support to startups in their evolution process as their virtual COO/ CEO/ CFO.
Email: mukul.agarwal@cadencepartners.co.in
Phone Number: +91 9810092430
Co-Founder – Pannal
Manav is the co-founder, head of sales and operations at Pannal with a focus on leveraging his experience to provide the best customer experience to our members. He holds a Bachelor Degree in International Hotel Management from Les Roches, Switzerland in addition to an MBA in leadership & finance from Glion Institute of Higher Education, Switzerland. He is also an alumni of the British School, New Delhi. Before co-founding Pannal, he has worked with established hotel conglomerates such as the Westin, Taj Palace and Lemon Tree.
Email: manav.sales@chryslertechcentre.com
Co-Founder – Pannal
He holds an LL.B. (Honors) from Durham University in England and a Bridge Course (LL.B.) from National Law University (NLU) Delhi. He is also an alumni of the British School, New Delhi.
Having shadowed a senior advocate in the Supreme Court and interned in several prominent law firms globally, he has gained legal experience in corporate laws, M&A, competition law, constitutional law, litigation, direct & indirect taxes.
An active member at Pannal, his efforts are targeted to manage the legal framework, design and develop the infrastructure, drive the marketing drive, ensure client satisfaction and provide operational support to the entire team.
Email: connect@pannal.work