Insider Secrets: Why Are Senior Managers And Business Owners Choosing Flexible Workplace Strategies?
As part of a study of 18,000 professionals from a variety of industries, it was discovered that more than 80 percent of business leaders from the United Arab Emirates are opting for flexible workplaces.
The UAE Study, as it is now being called, highlights the increasing trend of large enterprises choosing flexible workplace strategies over traditional fixed location offices.
Conducted by the International Workplace Group (IWG) – a subsidiary of Regus, the workplace innovators – the study revealed some interesting results:
- 91% said flexible working helps their businesses grow and maximise profits.
- 84% feel flexible working helps mitigate against financial and strategic risk.
- 87% said it helps them to optimise costs.
- 84% believe it enables them to manage volatile markets.
- 93% said it gives them an opportunity to enter new markets.
The rise of SmartWorking in recent years has helped thousands of companies around the world to reduce costs while improving employee productivity. By allowing their employees to operate from home or coworking spaces, businesses are able to save as much as 50% on total costs.
A reduction in rent, long leases and electricity costs also gives companies an opportunity to regulate financial risk.
“Flexible workspace strategy gives risk managers peace of mind that they have a plan in place for market volatility or any unforseen events. It offers them greater strategic agility,” says Vassilis Bazinis, country manager UAE, Regus.
A flexible workplace strategy is also a great way for comapnies to expand into new marketplaces and territories without worrying about overheads.