10 Trends Shaping the Future of Business
The COVID-19 pandemic has changed the world and impacted the personal and professional lives of many. How can businesses continue to thrive in the post-pandemic future? Here is what some of our customers are telling us.
- Acceleration of digital transformation
COVID-19 has sped up the adoption of digital technology beyond expectations. According to a McKinsey survey, more than 50% of companies did not implement any new digital changes before the pandemic because it was never their top priority. For businesses to scale and succeed, digital innovation is a must.
- Workplace flexibility is key
The modern workforce of today continues to seek greater workplace flexibility. They want to be empowered to decide how to work, and what’s best in achieving productivity and work-life harmony.
- Work from anywhere is the new reality
As employees now realise that work can be done remotely and from anywhere, it will be difficult to return to a pre-COVID era where physical office presence is always needed.
- Rise of activity-based working
With activity-based working, there is less focus on traditional forms of working as employees are encouraged to discover new ways to work, while maintaining team camaraderie.
- Increasing acceptance of on-demand workspaces
The preference for a proper workspace over noisy cafés will drive the demand for on-demand spaces. Through platforms like Switch, users benefit from a super flexible, pay-as-you-use solution, with options to work from a wide network of locations.
- Changing work habits
Remote work has also impacted the space utilisation and efficiency levels of offices. As a result, companies are evaluating their needs and only consuming the right workspaces they require.
- Changing definition of an ‘office’
An office used to be labelled as a physical space for employees to work in unison. In a post pandemic world, the focus of an office refers to ‘how’ people work instead of ‘where’.
- Mindset change will drive success
A report by Accenture has proven that employees work better when equipped with the right technology and tools. To provide employees with greater assurance, business leaders will need to walk the talk by championing this new way of working.
- Need for employee upskilling
Upskilling remains as a key tool for employees to remain relevant and competitive. Based on expert research, 87% of executives felt that they were experiencing skill gaps in the workforce or expected them within a few years.
- Need for meaningful work
COVID-19 has made many people rethink their roles at work. What defines meaningful work? There isn’t a one-size-fits-all approach, but companies without a clear objective and purpose will struggle to attract talent.
COVID-19 has challenged the status quo in how businesses and workers carry out work. JustCo aims to be a key participant in that transformation. To experience the benefits of flexible workspaces, contact us today for a free trial.