When most people think of coworking office space, they usually think of a large open space filled with millennials, freelancers, one-person or two-person small businesses and start-ups looking to get off the ground.
Some small business owners and corporate business executives might be a little concerned by the fact that their employees are hanging out with other businesses’ employees and holding sensitive telephone conversations just a few feet away from a potential competitor or someone looking for a new idea. Along with worrying about how employees are using their time, corporate privacy, intellectual property loss and potential security issues are some of the reasons why many corporations have been reluctant to place their team or a sub-team from utilizing coworking space.
The problem is that forward-thinking team managers see the benefits of using a coworking space for creative teams to thrive, despite the perceived risks that may or may not exist. These are the managers who have found ways to get the benefits of coworking while reducing the risks and downsides. They are setting up their own private coworking spaces and utilizing hybrid coworking that they control or have influence over.
In the private coworking scenario, corporations can take team space on or off their corporate campus to allow for more open and collaborative space for a specific team or teams. Off-campus space that is located in a serviced office space, can be very beneficial for the team – because members are not feeling that corporate is breathing down their necks at every turn. Why team space within a serviced office or office business centre? Because a team can be easily moved into a serviced office space without having to open an office from scratch. All of the infrastructure is in place and all the team needs to do is to bring their laptops and choose where the desks and work surfaces should be.
The hybrid coworking space can often be the most productive and collaborative friendly option for corporations looking to gain from the innovating coworking experience. In the hybrid coworking centre, a company sets up its own coworking centre, but invites other businesses to come work in their space as if it was a traditional coworking space. To make this coworking hybrid work, it is even more important that open office space is located away from the corporation’s main campus and there is no direct influence, implied influence or branding of that space.
So, what kind of teams should use either private or hybrid coworking office space? Teams that are testing a new concept or working on new product ideas that require little distraction or over-the-shoulder watching by “the suits” at head office. This is especially true of hybrid coworking spaces that are also populated with others who do not work for the company.
The concept of coworking is that there are no long-term commitments on leases and capital cost expenditures on furniture and office equipment. This allows teams to work short-term on a project or to test a new geographic market with minimal risk. Coworking spaces also work well as short-term project centres, especially coworking spaces that have non-company people working there that can give team members feedback, fresh perspectives and suggestions for improvement.
There is no secret that the way corporations and large companies work is far different from the management style of entrepreneurs, start-ups and small businesses. Putting a corporate team into an environment that is shared with those groups, can eliminate the corporate “stiffness” from the team and help improve creativity that is needed to make them the most effective and creative in finding solutions and ideas for a project.
Another reason for hybrid coworking is that some forward-thinking managers and progressive corporate types see coworking spaces as a potential opportunity for scoping out freelancers and entrepreneurial individuals who may be ideal for their next project or outsourced talent requirements.
1. Jennifer Smith
General Manager
The Omni King Edward Hotel
37 King Street East
Toronto, ON
M5C 1E9
Tel: 416-863-9700
Website: www.omnihotels.com/hotels/toronto-king-edward
2. Mark Perry
General Manager
Executive Hotels and Resorts (Boutique)
8 Colborne Street
Toronto, ON
M5E 1E1
Tel: 416-350-2419
Website: www.spazen.ca or www.cosmotoronto.com
3. Emeline Boul
General Manager
Hotel Victoria (Boutique)
56 Yonge Street
Toronto, ON
M5E 1G5
Tel: 416-363-1666
Mobile: 647-574-5832
Website: www.hotelvictoriatoronto.com
4. Omkar Sawant
Reservations Manager
One King West Hotel
1 King Street West
Toronto, ON
M5H 1A1
Main: 416-548-8100
Reservations: 1-866-470-5464
Website: www.onekingwest.com
5. Van Nguyen
General Manager
Cambridge Suites Toronto
15 Richmond Street East
Toronto, ON
M5C 1N2
Direct: 416-601-3757
Hotel: 416-368-1990
Website: www.cambridgesuitestoronto.com
1. Michael Pagliaro
Carisma (Italian)
15 Toronto Street
Toronto, ON
M5C 2E3
Tel: 416-864-7373
Website: www.carismarestaurant.com
2. Patti Shaw
Terroni (Italian)
57 Adelaide Street East
Toronto, ON
M5C 1K6
Tel: 416-203-3093
Website: www.terroni.com
3. Declan
Restaurant 20 Victoria – Michelin guide approved
20 Victoria Street
Toronto, ON
M5C 2A1
Tel: 416-804-6066
Instagram for reservations: https://www.instagram.com/twentyvictoria/
4. Mana
Nami (Japanese)
55 Adelaide Street East
Toronto, ON
M5C 1K6
Tel: 416-362-7373
Website: www.namirestaurant.ca
5. Restaurant Lucie
100 Yonge Street
Toronto, ON
M5C 2W1
Tel: 416-788-9054
Website: www.restaurantlucie.com
6. Niam H
Cantina Mercatto
20 Wellington Street East
Toronto, ON
M5E 1C5
Tel: 416-304-0781
Website: www.cantinamercatto.ca
7. Siva Sathasivam
Uncle Tony’s
38 Wellington St E
Toronto, ON
M5E 1C7
Tel: 416-455-6650
Website: https://uncletonys.ca/
8. Pizzaiolo
104 Yonge Street
Toronto, ON
M5C 2Y6
Tel: 416-860-0700
Website: www.pizzaiolo.ca
9. Robin Singh
Woods Restaurant and Bar
45 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-214-9918
Website: www.woodsrestaurant.ca
1. Thom Tullo
Morpheus8 by Inmode
47 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-863-6564
Website: www.amanspa.ca
2. Altitude Athletic Training
56 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-366-3838
Website: www.altitudeathletictraining.com
3. Physioheath Studios
33 Victoria Street, #130
Toronto, ON
M5C 2A1
Tel: 416-368-2525
Website: www.physiohealth.com
We are by far the most experienced and best coworking team in the market – established in 1980
18 King Street East, Suite 1400
Toronto, Ontario M5C 1C4 Canada
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You are welcome to drop-in any-time, a quick call would be appreciated to ensure our availability Vanessa 416-574-1112 or Josie 416-606-4349 or e-mail josie@telsec.net.