“Difficult times often bring out the best in people.” Around the globe, organizations are being confronted by the COVID-19 crisis to discover new ways and measures to support their clients and workplaces, and come up with a robust corporate culture post pandemic.
When many nations have found their way to remote working, all of us are secretly beginning to see a day when we can stop working from home and head back to the office. However, in the absence of any possible solution to vaccination till date, contemporary offices’ elements would have to adjust to ensure that the employees return to their desks safely in the future.
26% of business leaders think their organization’s “new normal” will mean more employees working from home. – according to Fortune
As we reflect on the previous months following the initial coronavirus outbreak, there have been universal trends related to corporate culture post pandemic. Exploring these trends helps us understand the company culture and needs that the new digital workplace has to meet and build upon.
One of the most noteworthy changes that the corporate sector has witnessed during the COVID-19 pandemic is the decline of physical offices. In the months leading up to coronavirus, there has already been a massive global change into remote working. But the pandemic has escalated the process rapidly, signaling what others have termed the “beginning of the end of the offices.”
While talking about the future of work, new work habits and patterns have also emerged. Remote work has unlocked the way for flexibility with respect to corporate culture post pandemic, empowering employees to choose the hours during which they are most productive. Meetings have now been substituted and are being reshaped by video conferencing. Apart from that, other flexible methods and initiatives such as instant messaging will reduce the need for meetings, save time, and increase performance.
With the organization’s transition to more remote work, identifying the employees’ essential skills would need to get the work jobs together remotely and be prepared to change employee engagement strategies.
The way people work will be changed forever. For many of us, things are going to become a whole lot more local. At the same time, while organizations are thinking tactically now how to deal with the crisis, they’ll also be looking to the future. Senior management will be realizing the future involves more and more distributed working. Businesses now know they need to be ready to flick a switch and move into alternative forms of work at will. Businesses that can’t do this will be increasingly fragile. – said Paul Miller, CEO and Founder, DWG
In the last few months, several people worldwide have started to work from home, reinventing themselves both individually and professionally. To no one’s shock, the history of financial services institutions has been similarly transformative.
A Deloitte study of 100 senior FSI professionals responsible for crisis management and business continuity preparation found that at least half of the respondent companies implemented COVID-19 operating contingency plans for at least the next three months in the initial stages of coronavirus outbreak and modified them consistently to the situations.
Some of the re-opening process’s difficulty has to do with the size and reach of FSI real estate. From the office to data centers and bank offices, the sector is also the second largest in terms of office space rental, accounting for more than 15% of the overall office leasing market.
Corporate culture post pandemic across the globe have experienced the most significant risk in more than a decade, with a large variety of industries confronting an imminent hazard in the middle of an extreme economic slowdown – an unpredictable future despite the conflicting government signals and obstacles for the dissemination of a novel epidemic.