Last year the world made an unprecedented shift into working from home. It affected all sorts of industries and proved just how adaptable we can be. Many of us may be returning to the office, but businesses have clocked the value of working from home. The future looks promising for remote work so here’s our take on what the future of working from home will look like.
Possible productivity gains
According to a recent McKinsey survey, in May 2010, 41% of employees reported improved productivity away from the office. This divide is also reflected in a recent survey by The Conference Board Think Tank. It reported mixed opinions, with some business leaders feeling positive about remote work’s productivity and others seeing zero benefit whatsoever. According to work performed by a Stanford researcher, only 65% of Americans have sufficiently fast internet for supporting video calls. Given that, the fact that remote work was thrust upon us with zero warning, and many employees having had to work in less-than-ideal settings – namely chaotic home environments – the future of working from home has plenty of easy wins to make on the productivity front.
The importance of cybersecurity
Many businesses quickly realised how under-protected they were thanks to their team shifting outside the office. The future of working from home is therefore bringing with it a new future of cybersecurity policies. More investments in security systems and infrastructure and more investments in cybersecurity training.
Hybrid will be popular
Let’s not forget, the office is far from dead. A company is exactly that: company. Employees still need to meet and get that much needed face time whilst also capitalising on the benefits of remote work. Therefore many businesses are keen on the hybrid model; part remote, part office work. All sorts of businesses are getting on board, according to a recent article in the I Newspaper. The Very Group, which encompasses a number of online retail companies, is going with a hybrid approach, John Lewis is after an “official and permanent” hybrid working model, and Aviva is closing many of its offices in anticipation of needing less space. Speaking of which.
Offices will shrink
In a recent Forbes article, Moe Vela, the Chief Transparency Officer of TransparentBusiness believes that the physical office spaces we’re all familiar with will be history. As mentioned above, companies are already scaling down their office space to save on overheads. Last year the outdoor retailer REI said it would sell its 8-acre campus. The CEO stated that the company would lean into remote working as an engrained, supported, and normalized model.”
Remote working is too much of a positive force to be ignored entirely. The future of working from home is already here. The only question is for which businesses and in what capacity. If such a future sounds appealing and you’d like to take advantage of it, read our guide on secure remote working. Then if you’re curious to see how remote work ready your business is, click below to see our remote working assessment tool.