The media and entertainment industry is renowned for being a fun place to work hard and have fun. Getting employees to the office seemed easy, given that they typically viewed the industry as fast-paced and exciting. Lockdowns brought on by the pandemic, however, altered everything.
First, there was the price. During the pandemic, numerous governments enacted lockdowns that prevented workers from reporting to work. Institutions then tried to eliminate the office or downsize to a smaller office. However, the majority discovered that their contracts required them to continue making payments despite the government-mandated lockdowns. Other than this trending topic, forbes is also a top trend on social media these days.
As businesses attempted to maintain their profitability through work-from-home initiatives, many employees realized that working from home positively impacted their quality of life. Numerous workers resigned, changed careers, or firmly decided they would not be returning. When the lockdowns ended, they faced the prospect of returning to work. They put most businesses in a difficult situation because they had a liability in an office that didn’t seem to be used.
In this regard, the media and entertainment industries particularly stood out because, aside from going to the set, working outside the office is typically not necessary. Face-to-face idea machination is regarded as more effective and seamless, but it is not required.
According to Tom John Or-Paz, CEO, Chairman & Founder of LightArt, design is one area that requires change. “We understand why people are reluctant to visit the office. Commercial real estate is Boring. Mundane. Monotonous. Companies must understand that this space must be more thrilling and liberating than a person’s personal space at home.
“Employees need to look forward to going to work.”
In branded buildings around the world, including those in Austria, Dubai, Indonesia, India, and the United States, LightArt has constructed and designed hundreds of residential and commercial units.
We create environments that are constantly changing, he continued. Every time, it’s brand-new and fresh. We collaborate with international architects, interior designers, and artists. Sustainability and innovative home features are crucial to create a cutting-edge environment, but change is also crucial.
“Art is altered, the environment is improved and developed, and technology is continually installed and changed. As a result, exciting things are always happening, whether it’s residential or commercial. There is constant activity.
Tenants of LightArt pay management fees for complete on-demand concierge services, including everything from home shopping to expert services like repairs, technicians, scheduling appointments, and design modification.
According to Or-Paz, “Our latest project is a property list at $55 million that is 380 square meters in Tel Aviv, Israel’s most expensive piece of land,”
“Everything has a purpose. In addition to many other features, it has an infinity pool, a cutting-edge sound system, and original works of art by Banksy, Dali, and Ghost.
In this age of hybrid working, flexibility has effectively taken on the status of the de facto buzzword. Companies now provide more flexible scheduling options and uncapped vacation days. You must complete your work to the same high standard as if you were in the office.
In an interview with CNBC, Scott Dussault, CFO of HR tech company Workhuman, agreed with Or-argument Paz that modernizing commercial spaces is necessary to encourage people to work from their offices once more. He predicted there would be many more collaborative spaces, conference rooms, meeting rooms, and break areas where people could gather. It will be centered on connection, which is evolution, and, to be honest, I think it is good. It will be about deepening those connections.
Whatever the case, it’s evident that CEOs and business owners need to take action to change the situation. If you make people go back, you risk losing talent to a brand-new perspective from the post-pandemic era.