Now that many organizations around the world have shifted to 100% remote work in response to recent events, business leaders and IT teams are starting to think about the longer-term future. Once we return to a place of relative health and stability, what will work look like on a day-to-day basis? Which newly adopted processes and tech tools will stick, and which old ways will we rush back to?
In a broad sense, everyone seems to agree that remote work is going to play a bigger role in hiring, operations, and culture in the future than it did before. But it’s not yet clear what that will look like in practice. Here are our thoughts on how organizations might approach some of the most pressing questions about the future of remote work.
Is 100% Remote Work the New Normal?
People are starting to wonder whether the recent shift to all remote work will become permanent, at least in industries where that’s physically possible. Some companies had begun to embrace remote culture even before the crisis, and those that had resisted it are now finding ways to get by — and even thrive — with their employees working from home. Still, we think the short answer to this question, with a few caveats and considerations, is no.
For some newer companies that were built from the ground up to be 100% remote, the benefits of that structure outweigh the costs. Fully remote organizations have unrestricted access to a global talent pool, with more freedom to find people who are the exact right fit for their mission and culture. Startups based in highly competitive labor markets may also be able to avoid competing directly with big-name enterprises by hiring remotely. Then there are obvious cost savings on office rent and upkeep, though (Read more...)