A few things have come together for me over the last couple of
months to shape how i think business will be done in the future.
Space have dipped their toe into the office rental market
over the last few months. We had some spare space in our Newcastle office as we
reduced some of our teams. The idea of an asset not working can keep me awake
at night. We had put the space in the hands of agents for a while but we had
little interest. We decided to change the offer and market a more flexible
solution ourselfes.
In September I contributed to a white paper by Mitel
looking ar business communication. This focussed on flexible working and home
working.
At the same time we are hearing more and more about cloud
computing and the move away from hardware solutions. iPad devices are selling
like hot cakes.
This all points towards a different way of doing
business.
I am calling this ASSET LIGHT BUSINNESS
Companies no longer want onerous leases for extended
periods. They want space which can be flexible to suit the markets they are in.
They don't want to invest in hardware which will go out
of date or tie upprecious capital.
This will effect the property market as fewer
organisations are willing to committ to a traditional lease. This in turn will effect the
ability to raise funds.
The serviced office does conjure a picture of a soleless
environment. The new asset light solution however will be a vibrant community of
businesses supporting each other. (Just like spaceworks!)
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