The millennial generation has been changing values in the workplace. Workplaces have been more collaborative than before, and organizations believe that smart offices are crucial for productivity and efficiency. Social technologies have been integrated into many organization's workflows to facilitate collaborative learning and knowledge sharing.
In celebration of another successful year, the annual JEB Party was held last Friday in Hong Kong. We reimagined the Andy Warhol’s Silver Factory studio and brought it to life at the Loft 22 venue. It was a mesmerizing scene, as walls were eccentrically covered in silver, with hundreds of silver pillow-like “clouds” floating in the ethereal interior space.
How do you envision a typical workplace? A static space with traditional work desks and cubicles? Companies nowadays recognize the importance of group work and how it is central to success in achieving organizational goals. They are valuing the benefits of interpersonal balance, generating an environment that promotes collaboration, innovation, and privacy for individual tasks.
The increase in competition in the business industry forces organizations to subject to changes. The evolution of technology, homogenous markets, and globalization are some of the factors that drive companies to react for survival. Organizational change usually revolves around the structure, technology, and people within the company.
Organizational change is the process of reforming the company structure, strategies, technology, and culture, as well as the effects on organizational behaviour within an organization. A few elements need to be considered before implementing change, whether it can increase employee well-being and satisfaction, improve the economic requirements and generate profitability in the company. According to Lewin’s Change Management Model, there are three processes: unfreeze, change and refreeze.
The study of organisational behaviour gives insight on how employees behave and perform in the workplace. It helps us develop an understanding of the aspects that can motivate employees, increase their performance, and help organizations establish a strong and trusting relationship with their employees.
According to the 2017 Global Coworking Survey, there are currently 13,800 co-working spaces worldwide, with 1.1 million people occupying these spaces. The research led by Emergent Research and Inuit forecasts 40% of the workforce will be freelancers, independent contractors, and temporary workers by 2020.
Coworking: how did it all start? The term was contrived by Brad Neuberg who was the visionary of the space-sharing movement in 2005. From what started off as a trend to becoming mainstream, co-working spaces have been altering the way people work. It has become a desirable solution for office space in today's workforce.
In modern society, more professions involve interactions and the demand for effective teamwork is critical for various businesses. Although individual productivity is important, teamwork is essential in solving complex issues. Teamwork can generate a sense of trust and loyalty amongst employees, which motivates them to communicate, cooperate and be supportive of one another.