The Executive Centre

"Reimagining workspace design is no more an option but a complete business function; it's about creating an environment that meets the diverse needs of modern employees. As the workplace continues to evolve, investing in thoughtful and innovative design will be key to staying competitive in the talent market." In his latest Commercial Design article, Rajat Kapur, our Managing Director for North India, UAE, and Saudi Arabia, shared his insights on office space design as a crucial factor in employee attraction and retention. From collaborative open spaces to well-being amenities and biophilic design, Rajat explores how creating a dynamic work environment can foster collaboration, well-being, inclusivity, and creativity. To read Rajat's full article, click here: https://loom.ly/cMSy3po

"TEC is observing a significant influx of MNCs into its 12 Centres in Hong Kong, with each company typically occupying around ten workstations to maintain high levels of flexibility. As a result, the overall occupancy rate has risen from 71% to 80%. We anticipate this trend will continue, potentially increasing TEC's occupancy rate to 86-87% within the next year." Paul Salnikow, our CEO & Founder, recently shared his insights on TEC's growth and future in Hong Kong with Ming Pao Daily. Paul highlighted that despite challenges in Hong Kong's Grade A office building market in recent years, the city remains an international hub and a gateway to China. This status continues to attract MNCs, driving up demand for office spaces in Hong Kong. Additionally, many landlords are reducing rents by up to 30%, which is expected to contribute to a rebound in TEC's occupancy over the next year. Paul mentioned that he hopes to neither increase nor decrease the number of centres in Hong Kong in the short term, as customer demand is expected to grow gradually. To read the full article in Chinese, click here: https://loom.ly/p7-yb5c

Recently, our TEC Community™ partnered with BIO Australia to host an insightful event at Collins Square Centre in Melbourne. The event featured industry experts who explored how to scale businesses efficiently, shared crucial aspects of growing a successful business, and gave Members practical tips. Here are the key takeaways: 📈 Focus on efficiency: Scaling focuses on achieving efficiency without necessarily increasing resources. To achieve this, evaluate your current processes and find ways to leverage technology and enhance efficiency. Conduct thorough market and product testing to ensure a solid foundation and make strategic tech investments to accelerate growth with less capital. 🎨 Be creative & experiment: Innovation stems from trying new things and developing unique products that the market only realises their need when they see it. To foster this creativity, allocate a portion of your budget to research and development and pilot projects to encourage a culture of experimentation within your company. 🙋♀️ Cultivate culture & vision: Clearly define and communicate your vision. Document your vision and core values and develop a recruitment strategy that screens for cultural fit. Hire people who can share the same passion and reinforce the company vision through internal communications and team-building activities. #TECEvents #Partnerships

“Abu Dhabi’s vibrant market is a beacon of opportunity, driving companies towards flexible workspaces for agility and growth. Our expansion in this dynamic landscape signifies confidence in its potential. Abu Dhabi Global Market offers an ideal nexus for our operations, with its thriving retail, F&B scene, and exceptional commercial real estate.” In an article with Commercial Design, Rajat Kapur, our Managing Director of North India, UAE, and Saudi Arabia, shared his insights on TEC’s recent opening of the Al Maryah Tower Centre. Rajat highlighted the robust and steady demand for flexible workspaces in UAE and TEC’s commitment to growing our regional presence. With this expansion at Abu Dhabi Global Market, one of UAE’s most prestigious and dynamic business districts, TEC is on an upward trajectory to achieve continued success in the region. To read the full article, click the link below:  https://loom.ly/BvZlDzA #BusinessNews #RealEstate #UAE

📣 Take a Sneak Peek into Our Al Maryah Centre! This beautiful centre recently opened on level 7 of the Al Maryah Towers in the Abu Dhabi Global Market and boasts expansive collaborative spaces designed with stunning views throughout, refining your workspace experience and offering the perfect environment for innovation and productivity. Take a virtual tour of our new space here: https://loom.ly/WV2GbJA

Recently, at our Collins Place Centre in Melbourne, our TEC Community™️ held an engaging lunch and learn session called "People Pleasing—Breaking the Cycle." This event was led by Joanne Hay (Li), our Director of Leadership Development, who shared valuable insights with our Members. Her presentation focused on our need to seek approval from others and offered practical advice on how individuals can break free from this pattern to embrace their authentic selves and unleash their maximum potential. Here are some key takeaways: 🔎 Understand your root cause: People-pleasing can stem from various things, such as your upbringing and want to meet social and cultural expectations. However, you can initiate change by identifying your triggers and patterns through self-reflection. 💪 Techniques to break the cycle: Learn how to set boundaries and say no. Start with small requests and recognise that you can decline politely but firmly. If refusing outright isn't an option, create a list of compromise strategies you can use. 🥰 Embrace your authentic self: Seek out relationships and communities with supportive individuals who embrace you for who you are and provide you with a nurturing environment that allows you to grow and express yourself freely. #Australia #TipsForSuccess

From meeting our global teammates to insightful workshops, delicious dinners and a fantastic race around Hong Kong, the city where it all began, take a peek into TEC's 30th anniversary Offsite 🤗🎉

We've updated your workspace experience! 🚀 Our MyTEC app has been enhanced to elevate your user experience and make managing your business needs even more accessible. Supercharge the way you work with some of our new app features: 🏢 Effortlessly subscribe to Virtual Office Plans, Coworking Passes & Meeting Room Packages 🛎️ Book Meeting Rooms, Coworking Spaces & Day Offices on the go 📚 Order office supplies, food & beverages from anywhere Click the below links to update or download the MyTEC app: App Store - https://loom.ly/VzIz98Q Google Play Store - https://loom.ly/hFV_Qt0

Our TEC Community™️ recently partnered with InCorp Vietnam to host a successful Customer Experience 101 workshop at our Friendship Tower Centre. The event featured a presentation by Jack Nguyen, CPA, CA, the CEO of Incorp Vietnam, who highlighted the critical importance of prioritising customers in business strategies. Additionally, Loan Tran, a renowned leadership coach, consultant, and trainer, led engaging discussions and facilitated a customer journey mapping exercise that provided valuable insights for our Members. Here are some key takeaways: 1️⃣ Adopt a customer-centric mindset: Shift the organisational focus from internal efficiency to external customer value. By understanding your customers' needs, pain points, and desired experiences, you can tailor your business to better serve them. 2️⃣ Optimise your customer journey: Understanding how positive and negative customer interactions are connected is crucial to enhancing your business profitability. Consequently, to improve the overall customer experience throughout their journey, it is essential to initiate the process by identifying the emotions and decisions associated with each key touchpoint where customers engage with your brand. Subsequently, this data can be utilised for analysis and future improvements. 3️⃣ Improve your customer experience: Perusing data and customer feedback provides opportunities to enhance your customer experience, resulting in improved profitability. Additionally, implementing effective customer service strategies and continuously seeking feedback can further strengthen customer relationships and drive long-term business growth.

Our TEC Community™ recently hosted CoreNet Global Australia Chapter’s CRE Tech Event at our Collins Square Centre in Melbourne. The enlightening session led by John Corbett, Country Real Estate Manager, ANZ for ABB, focused on measuring digital performance and effectively scaling the modern workplace inventory. The event provided Members with essential insights and practical advice on making strategic investments in technology to improve operational efficiency. Here are the key takeaways: 📱Electrical efficiency & scaling digitally: Digitally integrated companies can reduce device dependency over time while meeting the increased digital demand, allowing them to scale effectively and meet ESG goals. Companies can assess their technology infrastructure by conducting a thorough inventory audit, identifying gaps, and spotting outdated equipment. Based on these findings, companies can outline scaling steps while accommodating growing digital demands. 💡 Strategic technology investments: Investing in smart devices that are effortless, multi-functional, and scalable in multiples can help companies achieve efficient long-term scalability. These devices are often more secure, efficient, and self-healing, benefiting the business financially. Additionally, implementing energy-efficient devices is crucial for reducing power consumption and enhancing sustainability efforts. 🗃️ Modern workplace inventory: Companies should prioritise investments in wireless access points, video endpoints, LAN networks, and network switching technologies to support efficient scaling. Regularly monitoring and measuring digital performance metrics is vital for tracking progress and identifying areas for further improvement. #Australia #Innovation #Technology