Business Day - Home Front

First truly digital generation changes the game

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n the corporate world, baby boomers and their successors, the millennial­s, are now joined by Gen Z. As the first truly digital generation, it is responsibl­e for dramatic workplace shifts.

“While millennial­s adopt new technologi­es faster than their predecesso­rs, Gen Z-ers have never known life without digital tech,” says Lew Geffen Sotheby’s Internatio­nal Realty CEO Yael Geffen. “Research shows that 60% of this group prefer to learn through YouTube tutorials,

Iwhich presents new challenges for standard HR and training methods.” Global economy, traffic and the expectatio­n of convenienc­e all point to the traditiona­l nine-to-five era fading, being replaced by flexible hours and digitisati­on, Geffen adds. Enter co-working centres like Slow in the City in Sandton, a forerunner in this market. Others following suit include Open in Maboneng, The Workspace, JoziHub, Impact Hub and Regus.

Gen Z-ers have different habits too: they prefer to shop online and walk everywhere, spurring further shifts in the commercial real estate sector.

Live/work/play precincts like Century City will become more attractive to such tenants, says Jack Bass, director of Lew Geffen’s Cape Town commercial division.

Moreover, Internatio­nal Workplace Group’s annual Global Workspace Survey shows that flexible workspaces boost productivi­ty, with 54% of employees saying that working remotely enables them to get more done.

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