Advertisment

Prepare for a flexible future

A flexible work model as the new norm is driving employee engagement, productivity, and economic impact. Here are the trends that are fueling it.

author-image
VoicenData Bureau
New Update
Prepare for a flexible future

A flexible work model as the new norm is driving employee engagement, productivity and economic impact. Here are the trends that are fueling it.

Advertisment
Tim Minahan

By Tim Minahan

Fueled by technology, work will happen anywhere, and employee engagement and productivity will soar

Advertisment

A year ago, not much about the way we worked had really changed in decades. Most companies still organized work around major hubs in large cities and their workforce was comprised of local talent that commuted to the office every day, regardless of the type of work they needed to complete. Then the global pandemic hit, and everything changed. Flexible work models replaced traditional ones as people were forced to work from home, and work became an activity, not a place. And the change has just begun.

Going ahead in 2021, flexible work models will become the new norm, driving levels of employee engagement, productivity and economic impact the likes of which the world hasn’t seen since the first industrial revolution. Here are the four key trends that will fuel them.

Haters will no longer hate

Advertisment

The universal work from home experiment set forth by the pandemic has changed long-held misconceptions about remote work. Once dubious that ‘real work’ could get done outside the office, executives and managers are now realizing the positive impact it can have on employee productivity, work-life balance, mental health, costs, and the environment.

According to a study conducted by Citrix and OnePoll, 70% of 10,000 employees feel they are as or more productive working remotely, while 83% feel they have a better work-life balance when working outside the office.

Savvy companies are taking note of this and in the year ahead will embrace technology-enabled remote work models that allow them to tap into new skills and talent pools that are beyond commuting distance to traditional work hubs (offices, call centers, etc.) and reap the benefits they provide.

Advertisment

Savvy companies will embrace technology-enabled remote work models to tap into talent pools that are beyond commuting distance to traditional work hubs.

Employees will shun the office

Historically, the office was the place where collaboration and innovation happened. Outside meeting spaces, colleagues held casual conversations in hallways, cafeterias, and gyms. But protocols designed to slow the spread of the coronavirus have changed this. Employees must be screened before they enter an office and wear personal protective equipment and socially distance once inside.

Advertisment

Safety guidelines will limit office capacity for the foreseeable future, causing even knowledge workers to transition to shift work. Many employees simply don’t want to deal with the hassle and anxiety associated with all of this. In fact, 64% of 2,000 respondents to a separate Citrix-OnePoll survey said they would not feel comfortable returning to the office for one month or more. And three percent said they don’t ever want to go back full time.

Recognizing this, companies will reimagine the role of the office and shift from designing places to purpose-built spaces where regardless of where they work, employees can efficiently and effectively collaborate with colleagues, partners, and customers to drive innovation and value.

Urbanites will take flight

Advertisment

It used to be that if you wanted a big-league job, you had to move to a major city to find and keep it. But as work has gone virtual, the location has become less critical to career success and opportunities than ever before. One in four respondents to another Citrix poll of 2,000 knowledge workers indicated they have abandoned their city dwellings, or plan to do so because their job is now 100% remote and will be permanently (37%), as also because they now only need to go into the office once a week (25%). Over 22% of respondents also indicated that the pandemic has proven that they can do their job from anywhere.

Safety guidelines will limit office capacity for the foreseeable future, causing even knowledge workers to transition to shift work.

Companies will go where the talent lives

Advertisment

The battle for talent hasn’t ceased in light of the pandemic. In many ways, it has only intensified as companies evolve their businesses to accommodate changing market dynamics and customer needs. While it may be scarce, there is talent out there. According to the results of a study conducted by the Centre of Economics and Business Research (CEBR), if given the chance, 95% of 2,500 knowledge workers polled who are currently employed say they would work from home 2.4 days per week, on average. And between 60%-70% said they’d do so from local coffee shops, shared workspaces, and other remote locations at least one day per week.

Leveraging flexible work models and digital workspace technology, companies will reach out and engage a forgotten part of the workforce that has in-demand skills but has opted out because traditional models centered around work hubs didn’t fit their lifestyle or obligations and create the space they need to work and succeed, wherever they happen to be. And in doing so, CEBR estimates they could drive upwards of USD 2 trillion in economic gains across the US economy and an increase in GDP of 10.2%.

While it’s never clear what the future holds, it is certain that companies will continue to face challenges that disrupt work in the year ahead. Those that embrace flexible models and digital technologies can create a better way to work that empowers employees to be and do their best and power their business forward.

Minahan is Executive Vice President of Strategy, Citrix

feedbackvnd@cybermedia.co.in

Advertisment