Posts tagged workplace
What Comes After Co-Working To Commercial Real Estate?

Our economy is now driven more by innovation and information, less and less by manufacturing. And yet, the majority of our workplaces are modeled on the “old” economy assembly line, where workflow was linear and corporate structures were hierarchical. But the nature of work has changed, and our workforce has changed. Every day nearly 10,000 baby boomers retire. Their millennial children are currently the largest segment of the labor force and are predicted to comprise 75% of the workforce within the next decade. They’re digital natives who have little memory of life without mobile technology — they carry everything they need for work in their back pockets and their concept of work is no longer a physical place but an activity that, for better or worse, follows us everywhere 24/7/365. Old economy office buildings just don’t make sense anymore, and what doesn’t make sense gets disrupted.

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