@CPOInnovation Life is stressful for us all right now, and maximizing productivity shouldn’t take precedence in a crisis situatio.But being empowered to manage your own time, capitalize on your own peak periods of focus, and not feel stressed by commuting can be hugely valuable.
@CPOInnovation For employees, benefits include saving on commute and more flexibility when it comes to work-life balance. For employers, the pluses are establishment cost-saving and enhanced productivity.
@CPOInnovation WFH may stay even after the pandemic scare fades.WFH is a “trial run on a big scale” and a “silver lining in the whole calamity”. Employers and employees benefit from WFH even in normal times.
@CPOInnovation Some research papers have highlighted the fact that a rise in productivity has been observed while experimenting the work from home as employees normally prefer to avoid long commutes and develop better work life balances.
@CPOInnovation However, there is a lot of work to do to prepare for an expanded permanent work-from-home workforce.Employees will need more support,there will need to bring lot of changes in IT.
@CPOInnovation We will see a bigger swath of companies break the old way of doing things."The big driver will be employers looking to control costs .There may be a push for many companies to say, we don't need this anymore. Getting employees to work from home can help cut costs.
@CPOInnovation Today, the world’s largest work-from-home experiment is an invitation to think more broadly about an organization’s future business model It could be the surprising silver lining to this crisis
@CPOInnovation Work well independently, have a high level of self motivation, and enjoy a non-traditional work environment by working at home. Encourage video calls this promotes face-to-face interaction between team members even if it isn’t in person.
@CPOInnovation Remote participation by the workforce in collaborative efforts has been made possible by virtual web conferencing/meeting tools. Also, technologies such as cloud telephony and cloud-based document sharing have made communication between teams seamless and flexible.
@CPOInnovation The virus could, well, be a gamechanger and shift the narrative to embracing a new work culture that is anchored in global connectivity. While such developments are welcome during a pandemic of this scale, companies are also reorienting their workforce for new learnings.
@CPOInnovation Considering the market is changing every week, it is imperative to reconsider the business model and reassess where your business stands as per your assumptions concerning the revenue and cost. This is also a crucial time to track current financial metrics and cash flow.
@CPOInnovation Companies should consider establishing pandemic-specific policies and procedures, capabilities for employee communications, telecommuting and personal/family leave to minimize disruptions.
@CPOInnovation Companies must incorporate pandemic planning considerations into existing resilience management activities to provide a comprehensive response and to provide continuity for their most critical products and services.