Tag Archives: office

Why Having Leisure Activities and Community Events is Good for Business

Why Having Leisure Activities and Community Events is Good for Business

 

Why Having Leisure Activities and Community Events is Good for Business

 

Productivity is one of the key ingredients of business success. Having high levels of productivity and efficiency is something all companies aim for regardless of industry, and you can’t achieve that without a degree of hard work.

That said, working hard shouldn’t be the only focus of a business and its employees. In fact, research has shown that too much work is not only bad for your health, it can also make leaders less effective, staff burnout increase  and, ultimately, be bad for business.

Here’s where having fun, leisure, and team- and community-based activities come in. Offering valuable respite from workplace monotony and, depending on the event, even valuable insights for future success to participants, these kinds of events have certain advantages businesses and employees will find beneficial, such as the ones below.

 

Building Better Workplace Relationships

 

Leisure sporting and community events, especially when jointly organised, help employees take a break and reconnect with each other. This allows them to develop synergy and harmony with each other which are useful elements for working together. Meanwhile, participating in team-building events helps promote empathy within a team, resulting in team members working better with each other and even discouraging ill feelings in the workplace. And we know what having better working relationships can lead to: better communication and increased productivity due to effective teamwork.

Here at CoTEN, for example, we have a basketball team called the CoTen Comets that regularly participates in games with teams from other companies. Our tenants are welcome to join the team and play in the games. While we don’t really have the skills to make it to the big leagues, we’re proud of the fact that our basketball team is able to foster camaraderie, let tenants know each other better and form strong relationships, and, not to mention, blow off steam and burn off a few calories the fun way!

 

Improved Workplace Wellness

 

The “all work and no play” thinking is not only detrimental to business, it can also be bad for your health. Being overworked can lead to a reduction in overall health and wellness and even affects creativity, employee mindset, and teamwork.

In a 12-year study of civil servants, researcher Marianna Virtaen found that working long hours each day more than doubled the risk of depression. These same individuals suffered a loss in cognitive function, had difficulty finding the right words, demonstrated significantly impaired thought processes and problem-solving abilities, and they were slower to react. Virtaen also found that executives who work three or more hours longer than a normal eight-hour day run a 60% higher risk of heart-related problems than those who did not.

Overworking is definitely a no-no, so why not spend some of those working hours on other, company-approved leisure activities instead? Taking advantage of leisure activities can actually lead to more success, especially for small businesses, and higher employee satisfaction. And, when employees are happy in the workplace, they also tend to avoid the effects of stress and anxiety better—two things that can increase the risk of having heart problems.

 

A Great Chance to Learn

 

Offering work community events can also mean having learning activities such as regular seminars and workshops. Aside from offering a break from the usual, everyday work agenda, these kinds of events also enable employees to mingle with each other and learn key insights or even great advice from industry experts they can follow to work better and smarter and be in-the-know when it comes to important and relevant trends.

Here at CoTen, we offer monthly Lunch and Learn events where we invite guest speakers to discuss and talk about a number of different interesting topics, from cyber-security to effective business strategies. This gives chance to our tenants to learn more things they can use to improve their work, be updated on important developments, and get to know other tenants as well.

By having these activities as part of the workplace culture, you’re sending the message that you value the professional development of employees which, in turn, makes them more satisfied in the workplace.

 

Building Trust and Productivity

 

Bringing together workers in one activity or event and letting them know each other better and work together builds trust. And, in business, trust is a key component for success. It improves communication and fosters collaboration, leading to a greater chance to achieving business goals. When you build trust, you enable people to work together better.

Leisure and recreational activities as well as learning and teamwork-based events at work also combat boredom and help keep people motivated. This allows them to focus more on their key tasks and even develop their problem-solving skills. Combine this with better communication and improved collaboration—two other advantages of having these kinds of events in the workplace—and you’ve got a great recipe for added productivity.

At CoTen, we not only offer great, quality workplaces you can be proud of, we also offer activities to keep your employees engaged and focused. From our monthly Lunch and Learn sessions to regular basketball games, we encourage and promote communication, collaboration, learning, and teamwork in our offices. All these lead to happier employees which, as we all know, is great for business. Liking what you just read? Contact us today to know what we can offer your business.

First Impressions Last: The Importance of a Professional-Looking Workplace

First Impressions Last: The Importance of a Professional-Looking Workplace

 

First Impressions Last: The Importance of a Professional-Looking Workplace

 

Technology has changed the nature of how we work, allowing effective remote and mobile business operations. Yet, this has actually solidified the need for growing companies to establish workplaces where team members can physically regroup, gather, and work, reinforcing a sense of brand and collective mission. Flexible workplaces, co-working environments, and co-tenancy options such as CoTEN in Sydney exist to provide such needed space.

This is particularly important for start-ups and SMEs that have “jumped out of the basement” and are looking to carve out a reputation. Gone are the days (and nights) of makeshift tables, cramped and limited seats, and takeout food. Young and growing companies instead need to develop so that critical focus can be maintained in the early years in a collaborative work environment that feels a little more professional.

And when it comes to the workplace itself, it’s important that it is also “professional-looking.” But why is this so, and what does that actually mean?

 

Encourage Productivity

 

Imagine a workplace in which rules are not followed. Unstructured people often gravitate towards short-term fixes and procrastination. Cables snake across the floor, files start piling up, and personal items begin to define vague bubbles of territorial desk space—definitely not a pretty sight.

Although it’s fine to encourage team members and employees to “feel at home,” it’s always wise to emphasise the need to still be professional and organised. One way to achieve this is by having a professional-looking workplace that puts a premium on being organised. Studies have shown that such workplaces actually encourage more productivity from the employees, which benefits the business in general.

This certainly makes sense—when employees walk through the door of a workplace that looks professional, they see it as a venue to work and be productive rather than to be lazy and unproductive. On the other hand, a run-down, dirty, or disorganised workplace fosters confusion, which can lead to less work being done.

 

It Positively Affects Your Reputation

 

The saying “first impressions last” is also true in business. Imagine potential clients or partners walking into your office and seeing it disorganised and full of clutter. They might not mention it to you, but chances are they’ll think that you and your employees are also disorganised and inefficient. If you can’t even take good care of your workplace, how can you be trusted to deliver good service or performance?

As such, having a workspace that exudes quality and professionalism is important. It basically tells others that you are to be trusted, that you deliver professional and top-quality products and services, and that your business gets the job done. In other words, a workplace’s looks can be a reflection of the true identity of a business, and it can convince more people to work for you or become your clients.

 

Make Your Employees Proud

 

They say a business is only as good as its workers. And when they are inefficient or feel uninspired, the quality of work delivered will take a hit as well. And since people are affected by the environment they’re in, a low-quality or shabby workplace that’s in obvious need of order or repairs will also negatively affect their performance. Worse, this might even lead to them leaving the company. After all, who’d want to spend years working in a neglected, dilapidated setting, right?

As such, there’s always the need to help employees feel happy and inspired. Make them feel proud to go to work through a workplace that looks professional, clean, and prestigious. Doing so encourages them to view work in a more positive light. This can lead to higher satisfaction levels, and when workers are happy and inspired, the business will perform better.

 

Make Guests and Tenants Feel Welcome

 

Making visitors feel comfortable in your workplace is critical. Whether they are bringing potential business or simply making a delivery, guests will linger at the front or inside of a workplace. During this small amount of time, they’ll most probably scan their eyes quickly on how your office looks, and already form impressions about your team based on it.

Unfounded or not, these impressions highlight the importance of having a workplace that’s both welcoming and aesthetically pleasing with a professional flair. One way to achieve this is by having available seats and desks for guests and a dedicated area where they can relax and comfortably wait. Make them feel welcome, even if they’re not really part of your company. This is professional courtesy and doing it right can make more people view your brand more positively.

Just imagine a clean, organised office vs. one that’s in desperate need of cleaning or repairs. Which do you think will visitors want to visit a second time? Also, word can spread quickly, so think of this as protecting your reputation as well.

Boardrooms and meeting rooms also help set the real impression of the workplace—having access to quality, professional rooms where tenants can meet with guests or clients says that the workplace is both welcoming and adheres to the golden standard when it comes to facilities. For example, at CoTEN, we let our tenants use high quality meeting rooms for presentations or to talk with guests at no extra cost. We also don’t put overt CoTEN branding on our premises. Instead, we encourage our tenants to brand their suites with their own logos, making it their own. This makes them and their guests and clients feel even more welcome.

 

Promote Efficiency and Reduce Work Stress

 

A workplace that looks professional puts emphasis on organisation and efficiency. This is an important point since studies have shown that too much clutter can make employees less efficient and contribute to more work-related stress. This is understandable, to say the least. The added thought of cleaning and re-organising things and the confusion of not finding the things you need quickly can elevate your stress levels, especially if your office to-do list is already stacked.

So, do yourself and your colleagues and employees a favour by having a well-organised, professional-looking workplace. Aside from encouraging more productivity as previously mentioned, having one helps reduce stress and promote efficiency, two things that are important in any business.

 

The CoTEN Solution

 

Now that we’ve detailed the advantages of a professional-looking workplace, it’s time to ask if yours fits the bill. If you feel you need one that’s better for your growing business, then we at CoTEN, The Co-tenancy Company will be glad to help. We offer quality and professional office spaces at prestigious CBD locations with top-notch amenities and features for businesses who want a workplace they can be proud of—all that with a fixed pricing setup so you can get more out of your budget. Contact us today and know how we can help your business.

Why Co-tenancy is a Great Option for New Businesses

Why Co-tenancy is a Great Option for New Businesses

 

Why Co-tenancy is a Great Option for New Businesses

 

Where you work has a huge influence on how you work—having a quality office space can improve productivity and increase employee satisfaction while working in one that is rundown and offers sub-par facilities can lead to unhappy workers. For businesses looking for an office space they can both afford and be proud of, co-tenancy is being seen as a great solution.

According to Collier’s Flexible Workspace Outlook 2018 report, flexible workspace operators accounted for 40% of the Australian market in 2017. Demand is expected to grow even more over the next few years, as more and more businesses learn of the unique and distinct advantages associated with office co-tenancy environments.

Co-tenancy is a specific lease contract that allows multiple tenants to share a single working space. Working trends in Australia are moving away from large cellular offices towards integrated and customised spaces, with more small- and medium-sized enterprises (SMEs) choosing to share the same building or floor in quality CBD locations. CoTEN, The Co-tenancy Company, is at the forefront of this movement, offering quality workspaces to businesses, especially those comprised of 4-20 employees who need more than what a serviced office offers.

Co-tenancy offers a number of advantages over traditional leases and serviced offices, especially for smaller businesses who are experiencing growth and those just starting out, such as the ones below:


That Thing Called Convenience

 

Co-tenancy provides a level of convenience that is not easily available with traditional leases or serviced offices. Regardless of your industry, the location of your workplace is critical to your long-term success. Co-tenancy allows small businesses to work in convenient central locations and take advantage of existing services. From high-speed Internet and shared reception areas through to kitchens and gyms, convenience should never be underestimated when it comes to productivity and workplace satisfaction.


The Perks of a Nice Location

 

Co-tenancy allows even the smallest operations to access quality office locations. Why rent a cheaper office far away in the suburbs when you can choose to work in a prestigious and professional CBD location? Working in a quality location alongside other ambitious businesses will project a highly professional image to your clients and inspire your employees on a daily basis. The level of amenities workspace co-tenancy offers is generally much higher, with employees able to access top-notch common areas, gyms, and other facilities that enhance productivity.


Workspace Flexibility

 

Flexibility has become a huge buzzword over the last few years, especially in the context of workplace satisfaction. Flexible workspaces are not just hip, however, they are also an incredibly practical solution. Instead of setting up your entire operation at once, co-tenancy arrangements allow businesses to progressively set up and share services and spaces with other businesses. Flexible workspaces enable businesses to expand and contract with ease, something that is especially attractive to younger businesses and those involved with seasonal products and services. In CoTEN’s case, co-tenancy is also available on a fixed price model, which allows for better budget flexibility and more savings.


Stability is Key

 

When you’re setting up or pushing your new business to greater heights, stability should never be underestimated. Instead of moving around every six months due to unstable rental agreements or leases, clever businesses are choosing flexible shared workspaces that allow them to grow and evolve with security. Co-tenancy allows businesses the kind of stability and amenities that smaller businesses and those in shared offices normally wouldn’t have access to. This is an important point for productivity as well—working in an environment that doesn’t offer stability (e.g. you have to move again after a few months or the services/amenities available to you change regularly) can be distracting and disrupting, negatively affecting your employees’ performance.


Added Affordability

 

Co-tenancy is more affordable than traditional office leases in many ways. Since the workspace itself and the facilities within have been set up already, all your business has to do is just “plug and play,” allowing you to avoid doing expensive fitouts, renovations, and structural installations. This in turn helps you gain huge savings on items such as internet setups and other capital investments. And because you’ll be working with a fixed price model where everything you need is already included, you don’t have to pay extra for add-ons. With highly affordable rents and reduced office admin costs, co-tenancy allows you to focus on your business instead of being a slave to recurring maintenance costs and other building demands.


Workplace Collaboration

 

Last but certainly not the least, co-tenancy inspires workplace collaboration and community building. People work better when they’re working alongside other people, not just between employees in the same business but also between businesses in the same office location or floor. Co-tenancy ignites camaraderie between employees and firms and enhances networking opportunities between different commercial spheres. This friendly and collaborative working environment fostered by co-tenancy enhances employee satisfaction and inspires loyalty and can even lead to new opportunities through business partnerships and networking.

At CoTEN, we provide growing businesses with flexible working spaces that offer top-notch amenities situated within A or A+ grade office buildings in prime business locations. This means that you’ll have access to a professional work environment that not only has everything your business will need but also promotes business communication, collaboration, and even fun, recreational activities to increase employee satisfaction and encourage growth. All that at a cost-effective fixed price model for less budgeting hassles and more affordability.

If you’re looking for a workplace that has these characteristics, contact us today and be closer to joining the flexible workspace revolution.

What Your Office Desk Reveals About You

What Your Office Desk Reveals About You

 

What Your Office Desk Reveals About You

 

There are many privileges to my job. The first is getting to know each and every one of my tenants, no two are the same. As I drop in to say hi, I am amazed at how different and unique are the ways in which our tenants are able to make their space “theirs”—to impart personality into their work space. Being with CoTEN, I’m constantly being reminded of and deal with certain elements that are usually present in the workplace, the most recognisable of which is, perhaps, the humble office desk.

Often overlooked but nonetheless still a necessity, your office desk is more than just a table you put your work stuff on. In case you didn’t know, your office desk can also tell your colleagues (and basically anyone who can see it) several details about you. After all, you spend, on average, over five hours a day at it—with the time you spend with it, you’re bound to leave some sort of imprint on it. In fact, you could look at your desk as that part of you which never leaves the office.

That’s why, for me, it’s interesting to know what impression you’re giving your colleagues at work through your desk. So, what is your office desk—a core piece of your work identity—saying about you?

Being in the business of providing quality workspaces to other businesses, I’ve come to know that how an office desk looks like or is set up can be related to a person’s attitude or behavioural traits, more importantly I am struck by the difference between my desks and Kat, who sits next to me at 35 Clarence Street. Those who pop in to my office normally comment, but in case you have not come to the prow of 35 Clarence, the picture at the top of this blog is the evidence you may need to prove that the desk is an advert to your working style.

So I decided to do a bit of research into what those who study these things for a living would say if they came to visit my work pod. The answers may surprise and frighten you, but try to work out the image your desk projects to the rest of your team from my findings, that I share below…


You might be a minimalist if…

 

Your desk is so tidy and straightforward that it’s hard to believe you get actual work done on it! Clean and orderly, it (and the surrounding space) is usually characterised by the following:

– Neutral colours and themes
– A simple, very clean keyboard, mousepad, and dust-free screen
– Little to no desk personalisation
– Paper, envelopes, and other essentials that are neatly stacked

Your desk tells others that you’re there to accomplish your tasks, no more, no less. You prefer fewer distractions and are generally a focused and conscientious individual. On the other hand, being a minimalist, you can also have a reputation for lacking creativity at work but, hey, at least you get the job done.

This theme is best if: you want to avoid distractions and do a good job.

 

What Your Office Desk Reveals About You


You might be a techie if…

 

Your co-workers won’t notice your desk because of all the digital devices on top of it—it might even look more like a shelf in a gadget store than an actual office desk! In my observation, you’re basically telling your colleagues that you adore the latest technology if:

– Your desk has more than one screen you use for work
– Your desk has the latest superphone on display
– Your desk has other gadgets such as powerful laptops and tablets
– Your desk has at least two chargers under it

Being a techie, you are curious, insightful, and fun. You always want to find ways to increase productivity and often impress others with your knowledge about technology. This can be a bane as well though; you’re likely the office’s go-to person when it comes to your colleagues’ gadget woes, which can be distracting. You can also be over-reliant on technology, rendering you less useful when there’s a power outage or you don’t have access to your devices.

This theme is best if: you’re obsessed with finding ways to do your job easier and faster through technology.


You might be an extrovert if…

 

In the office spaces that we manage, desks that come with colourful and bold design elements that make them easier to spot amidst a sea of otherwise boring office desks usually belong to the extroverts. Other defining characteristics of this kind of desk include:

– Having bright, fun colours
– The presence of different accessories, gadgets, and knick-knacks
– Pictures of your family and friends on your desk and around your workspace
– Customised items such as a computer screen with a different design, attracting more attention to your desk

If you’re an extrovert, you’re assertive, fun, and insightful—all attractive workplace qualities for me. Be sure to get your work done though; you can have a reputation for being too chatty and easily distracted.

This theme is best if: you’re showing colleagues you’re fun, friendly, and approachable.


You might be a hoarder if…

 

You have a hard time using or organising your desk because of all the things on it, both needed and unnecessary. Now, to be honest, my desk most likely belongs to this category. That desk in the image below that looks like a storm passed through it? That’s mine, believe it or not!

This kind of desk usually has the following:

– A plethora of unused stationery supplies
– A slew of other things that you really don’t need, from old assignments to empty boxes
– Plenty of old pens and coffee-stained post-its
– Loads of office supplies (a reason why your officemates frequent your desk)

Office hoarders are usually known for being welcoming and friendly. While your desk might seem very messy and others might see you as unproductive or easily distracted, you’re usually still able to do your job quite nicely. I’ve learned that it’s in the way you’re able to use your desk—other people may find it distracting but for you it’s actually “organised chaos.” Plus, you have quite the distinction of “having everything,” which is why your officemates frequent your desk more—definitely good for making more friends in the workplace!

Just be careful though and don’t let your things reach the desks of the person next to you—he or she won’t like you for it. I recommend making full use of your office cabinets or, if you still run out of space, bring storage boxes if you really can’t let go of your items.

This theme is best if: you want to make sure you have everything that you need and will possibly need.

 

What Your Office Desk Reveals About You


You might be an introvert if…

 

You’re almost the opposite of an extrovert—usually silent and shy, likes solitude, independent, and self-aware. An introvert’s desk is characterised by:

– Having stacks and piles of everything on it, from papers to books
– Being more of a fortress than a workspace
– Having a low-profile or neutral colour scheme
– Everything you need is within easy reach—you don’t like drawing attention to yourself

As an introvert, you may have something of a reputation for being shy or unapproachable. However, in reality, you just want to show your colleagues that you aim to be more focused, driven, and creative. Introverts are also quite efficient and perceptive, although they sometimes tend to be distracted or overwhelmed by too much stimulation or activity around them.

This theme is best if: you want to stay on the periphery, get the job done, and focus.

Whether we like it or not, impressions matter not just in the office but also in other aspects of daily life. Now that you’ve seen my desk, take a look at your own and ask yourself “what is it telling my bosses and colleagues about me?”

 

In need of a high quality space which promotes growth and collaboration?

 

If yes, then I’d like to tell you more about my company. Currently the first and only company of its kind in Sydney, CoTEN, the Co-Tenancy Company, meets the needs of growing businesses who want their own space in a high grade office building, access to great presentation, board and interview rooms, and also want the flexibility to accommodate company growth.

Unlike serviced offices, CoTEN operates on a fixed-price model for increased affordability and offers dynamic, high standard, and sought-after office locations to blooming businesses. We pride ourselves in providing our clients a work environment that not only helps them grow and progress but also fosters communication and collaboration. Is your business needing this kind of office space? Click here to know how we can help you out.