NEW CULT IN CommErCIaL rEaL EsTaTE · The Service Layer As part of its service, Skootr provides...
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in 2016, Skootr is already at the forefront of India’s serviced office space and is credited with managing 4,00,000 sqſt of office space, with global occupiers from USA, Germany, Hong Kong, Singapore, and France. THE SKOOTR ADVANTAGE: FIND- BUILD-OPERATE Skootr’s core competence lies in curating experiential workspaces, which are customized to bring people together as a part of a community while preserving their unique brand identity. To integrate its core competence at every level, Skootr, has developed its business model on seven layers: e Raw Real Estate rough its strong presence and reach across 50 micro-markets of India, Skootr help clients find locations best-suited to their business interest and talent pool. e Fitout Layer Skootr believes that office design and management is both a science and an art. Hence, the fit-outs and layouts in Skootr offices are scientifically designed to boost productivity, motivation and health of employees. 71 70 19 July 2019 / Outlook BUSINESS Outlook BUSINESS / 19 July 2019 NEW CULT IN COMMERCIAL REAL ESTATE M ore people have been added to the global workforce during the last 20 years than ever before, as a result of which the appeal of modern workspaces has been on the rise. e impact is even more powerful in India, as almost 70 percent of the Indian population is under the age of 35 years. It therefore became a must to redefine the way companies engage with workspaces, leading to the emergence of technology- efficient agile workspaces. While cost continues to play a critical role, another significant underlying factor that has emerged in workspace transformation is the cost of attracting, engaging, retaining and growing human capital. However, finding, building and setting up office operations is not a core function for most organisations. Hence, organisations tend to either overestimate or underestimate their future space requirements. is leads to huge amount of money getting stuck in CAPEX, strict lock-in periods which inhibits flexibility to grow, high-sunk costs in times of de- growth. ese challenges have paved the way for recognizing officing as an outsourced function. According to a Cushman & Wakefield analysis, this can result in one of the two financial benefits – either a reduced take-up space subsequently leading a reduction in operating costs (10% – 40% reduction) or containing costs by growing the company’s headcount within the same space. In either scenario, coupled with better prospects of talent retention and increased productivity of staff–an agile work environment works out to be a win-win for the organization. Gurugram-headquartered, Skootr offers professionally managed serviced offices, Customized as per client requirement and brand’s culture. A brainchild of three friends Puneet Chandra, Ankit Jain and Anuj Saxena, the idea behind this business was conceived in recognition of how today’s agile businesses needed a dynamic solution for office spaces, which can be expanded or downsized as required. Owing to its unique business model, in a very short span since it started operations from left: ANUJ SAXENA, PUNEET CHANDRA, ANKIT JAIN Founders & JMD, Skootr Global Private Limited e Service Layer As part of its service, Skootr provides state-of- the-art offices, 24x7 support services, high-speed Internet, housekeeping, power backup, security, F&B, front office, admin, community- building, parking, essentially everything required to seamlessly run a daily office space. Value-added Services To meet the requirements of its diverse client portfolio, Skootr also renders shared desks and special services such as concierge support, travel desk services, as well as financial and legal services. Partner Services Since Skootr aims to increase the employees’ monthly disposable income by at least 10 per cent, it comes up with special offers and services for employees from premium brands as per client customization. Community Layer - e Skootr Community Building communities around workplaces is at the core of Skootr’s functioning. Forming networks and connecting to people of diverse sets help in keeping employees motivated and be more productive. Skootr’s community programmes include weekly engagement events, community festive celebrations, seminars, training programmes are designed to do just that. Technology Layer Since Skootr is aimed at building smart offices with optimal utilization of available resources, it also has an ‘App’ in place. e Skootr App enables office management at the tap of a finger leading to enhanced productivity, and also serves as a platform for its members to connect, communicate and engage with fellow members of Skootr community. Alongside, it also allows users to register requirements and requests pertaining to office management in a faster and efficient way and make use of numerous other member benefits. e Way Forward Skootr is leading the way as India’s only provider of ‘Headquarters as a 360-degree outsourced service.’ In charting its future course of action, the brand is of the firm belief that co-working business model is just a symptom of bigger things to come and just like the IT and BPO industry, serviced office spaces, as an outsourced service will boom tremendously in the near future. Not just start-ups and SMEs, along with cost-effective model; corporate houses, MNCs and larger organisations too are increasingly opting for managed office spaces. The core idea behind Skootr’s serviced office model is that businesses, which today have to move fast to remain relevant, can be slowed down when capital is locked up in seing up office infrastructure. By outsourcing the construction and operations of an office space, businesses can allocate their resources for core business activities and growth. With an agile work environment on the rise, professionally managed serviced offices are gradually becoming the order of the day. Driven by a unique business model focused on owning all three stages of officing, that is, finding, building and operating a workspace, Skootr, which started operations in 2016, is already leading the way in providing zero- capex serviced offices which are completely customized, thoughtfully- designed, safe and secure. WHY SKOOTR? • Complete office space solutions: Find-Build- Operate • 95+ clients, 14 centres, 5,500+ seats • Predominantly present in Delhi, Gurgaon, Noida and Jaipur • Presently operates more than 4,00,000 sq ſt of commercial office space with global occupiers from USA, Germany, Hong Kong, Singapore, and France.
Transcript of NEW CULT IN CommErCIaL rEaL EsTaTE · The Service Layer As part of its service, Skootr provides...
in 2016, Skootr is already at the forefront of India’s serviced office space and is credited with managing 4,00,000 sqft of office space, with global occupiers from USA, Germany, Hong Kong, Singapore, and France.
THE SKOOTR ADVANTAGE: FIND-BUILD-OPERATESkootr’s core competence lies in curating experiential workspaces, which are customized to bring people together as a part of a community while preserving their unique brand identity. To integrate its core competence at every level, Skootr, has developed its business model on seven layers:
The Raw Real EstateThrough its strong presence and reach across 50 micro-markets of India, Skootr help clients find locations best-suited to their business interest and talent pool.
The Fitout LayerSkootr believes that office design and management is both a science and an art. Hence, the fit-outs and layouts in Skootr offices are scientifically designed to boost productivity, motivation and health of employees.
7170
19 July 2019 / Outlook BUSINESS Outlook BUSINESS / 19 July 2019
NEW CULT IN CommErCIaL rEaL EsTaTE
More people have been added to the global workforce during the last 20 years than ever before,
as a result of which the appeal of modern workspaces has been on the rise. The impact is even more powerful in India, as almost 70 percent of the Indian population is under the age of 35 years. It therefore became a must to redefine the way companies engage with workspaces, leading to the emergence of technology-efficient agile workspaces. While cost continues to play a critical role, another significant underlying factor that has emerged in workspace transformation is the cost of attracting, engaging, retaining and growing human capital.
However, finding, building and
setting up office operations is not a core function for most organisations. Hence, organisations tend to either overestimate or underestimate their future space requirements. This leads to huge amount of money getting stuck in CAPEX, strict lock-in periods which inhibits flexibility to grow, high-sunk costs in times of de-growth. These challenges have paved the way for recognizing officing as an outsourced function. According to a Cushman & Wakefield analysis, this can result in one of the two financial benefits – either a reduced take-up space subsequently leading a reduction in operating costs (10% – 40% reduction) or containing costs by growing the company’s headcount within the same space. In either scenario, coupled with better prospects of talent retention and
increased productivity of staff–an agile work environment works out to be a win-win for the organization.
Gurugram-headquartered, Skootr offers professionally managed serviced offices, Customized as per client requirement and brand’s culture. A brainchild of three friends Puneet Chandra, Ankit Jain and Anuj Saxena, the idea behind this business was conceived in recognition of how today’s agile businesses needed a dynamic solution for office spaces, which can be expanded or downsized as required. Owing to its unique business model, in a very short span since it started operations
from left: Anuj SAxenA, Puneet ChAndrA, Ankit jAinFounders & JMD, Skootr Global Private Limited
The Service LayerAs part of its service, Skootr provides state-of-the-art offices, 24x7 support services, high-speed Internet, housekeeping, power backup, security, F&B, front office, admin, community-building, parking,
essentially everything required to seamlessly run a daily office space.
Value-added ServicesTo meet the requirements of its diverse client portfolio, Skootr also renders shared desks and special services such as concierge support, travel desk services, as well as financial and legal services.
Partner ServicesSince Skootr aims to increase the employees’ monthly disposable income by at least 10 per cent, it comes up with special offers and services for employees from premium brands as per client customization.
Community Layer - The Skootr CommunityBuilding communities around workplaces is at the core of Skootr’s functioning. Forming networks and connecting to people of diverse sets help in keeping employees motivated and be more productive. Skootr’s community programmes include weekly engagement events, community festive celebrations, seminars, training programmes are designed to do just that.
Technology LayerSince Skootr is aimed at building smart offices with optimal utilization of available resources, it also has an ‘App’ in place. The Skootr App enables office management at the tap of a finger leading to enhanced productivity, and also serves as a platform for its members to connect, communicate and engage with fellow members of Skootr community. Alongside, it also allows users to register requirements and requests pertaining to office management in a faster and efficient way and make use of numerous other member benefits.
The Way ForwardSkootr is leading the way as India’s only provider of ‘Headquarters as a 360-degree outsourced service.’ In charting its future course of action, the brand is of the firm belief that co-working business model is just a symptom of bigger things to come and just like the
IT and BPO industry, serviced office spaces, as an outsourced service will boom tremendously in the near future. Not just start-ups and SMEs, along with cost-effective model; corporate houses, MNCs and larger organisations too are increasingly opting for managed office spaces.
The core idea behind Skootr’s serviced office model is that businesses, which today have to move fast to remain relevant, can be slowed down when capital is locked up in setting up office infrastructure. By outsourcing the construction and operations of an office space, businesses can allocate their resources for core business activities and growth.
With an agile work environment on the rise, professionally managed serviced offices are gradually becoming the order of the day. Driven by a unique business model focused on owning all three stages of officing,
that is, finding, building and operating a workspace, Skootr, which started operations in 2016, is already leading the way in providing zero-capex serviced offices which are completely customized, thoughtfully-
designed, safe and secure.
WHY SKOOTR?• Completeofficespace
solutions: Find-Build-Operate
• 95+clients,14centres,5,500+seats
• PredominantlypresentinDelhi, Gurgaon, Noida and Jaipur
• Presentlyoperatesmorethan4,00,000sqftofcommercial office space with global occupiers from USA, Germany, Hong Kong, Singapore, and France.
