Furnishings designer and manufacturer Knoll Inc. (KNL) Chief Executive Officer Andrew Cogan said the most significant change to the workplace is how people are working as companies shift toward a more synergistic environment.
"You're seeing less space for the individual," Cogan told TheStreet. "What companies are doing is giving people bigger desks and collaborative areas."
Still, Cogan said the individual workspaces are becoming more "high performing," noting that Knoll's fastest growing area is sit-stand desks and height adjustability.
The company makes 60% of its revenue from the office segment, which earned $190.7 million for the second quarter.