COVID-19 has fundamentally challenged and modified the way the global workforce interacts, socializes, and collaborates. Flexible working practices, including working from home, have been heavily adopted as the recent pandemic has forced a trial run of remote working for industries, businesses, and individuals across the entire world. As a result, sentiments towards office space, its value, role, and contribution to the operation of daily work tasks are now being reconsidered both by employees and employers. While the pandemic has boosted the shift towards integrating flexible workspaces into corporate real estate portfolios, the fear that the office will lose its relevance is not realistic. Rather than becoming obsolete, it will become an increasingly valuable asset in facilitating collaboration and driving business growth, writes Gavin Bonner, Vice President of Romanian office developer Genesis Property in an opinion piece for Property Forum.
Many tasks can be accomplished remotely without a significant negative impact on productivity or quality. While virtual conferencing is an alternative to in-person interactions, over time, face-to-face meetings are required to foster collaboration and build strong teams able to generate creative ideas or solve difficult challenges. Most employees, especially those with long commutes, embraced having the flexibility and autonomy of choosing where and when to work.