Financial services: Can a traditional industry adopt modern office design?

Modern businesses are more dedicated to understanding the link between work environments and employee performance. The financial services sector is often seen as a conservative one, with traditional office design that tends to be muted and sombre. Despite their traditional reputation, businesses in this sector can and should consider how office design can make a difference to both employees and clients.

Financial services tends to be a fast-paced and high-stress industry, and office design can go a long way in motivating employees and improving productivity. How can companies incorporate modern design elements while still retaining formality? Let's find out.

Key Design Elements for Financial Services

Brand Identity

Office design should reflect the company's brand identity and values. While sleek and formal may be appropriate for some, a warm and inviting atmosphere can also be effective, especially for companies seeking to build strong client relationships.

Flexibility:

To accommodate the diverse needs of a modern workforce, office spaces must be adaptable to changing work styles and team structures. Modular designs and flexible layouts can help ensure efficient use of space and promote collaboration.

Employee Well-being:

Investing in employee well-being is essential for creating a positive work environment. Incorporating natural elements, providing comfortable amenities, and promoting work-life balance can significantly boost employee morale and productivity.

Fintech Firms That Are Leading The Way

Prudential, Singapore

Prudential, a leading financial services company, sought to transform its corporate culture and become a top employer in Singapore. By creating a workplace that amplified individual purpose and empowered ownership, Prudential fostered a sense of belonging and trust among employees. The design incorporated elements such as activity-based working, community-focused spaces, and wellness retreats to promote productivity, collaboration, and employee well-being.

Avendus, Mumbai

Avendus, a financial services firm, faced the challenge of merging seven distinct business units into a unified whole. Space Matrix's design approach focused on creating a cohesive appearance and experience while preserving the company's brand and culture. The integration of luxurious materials, tailored experiences, and seamless indoor-outdoor connections contributed to a sophisticated and inspiring work environment.

Conclusion

In today's competitive landscape, financial services companies must embrace modern office design to attract top talent, enhance employee well-being, and foster a positive brand image. By carefully considering factors such as brand identity, flexibility, and employee well-being, businesses can create inspiring workspaces that drive success.