Everything your eyes can see is subject to change. Well, how do we know if this is true. We can by simply looking at how human civilization has changed things and invented new ways of living.
Nothing we have today was there in the beginning. Change brought what we have today, every man made things came as a result of discomfort in our old ways of living.
When I was young I used to see some palm trees that had existed for more than 100 years.
Tekedia Mini-MBA edition 14 (June 3 – Sept 2, 2024) begins registrations; get massive discounts with early registration here.
Tekedia AI in Business Masterclass opens registrations here.
Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.
A particular one which has been around for quite some time, fell during a stormy rain.
That’s how I came to realize that everything is subject to change, as such what is seen is truly temporal.
This has been proven to humankind and organisations more than several times now. Businesses have seen innovations displacing another product in the market thereby changing the taste of consumers. Through competition in the marketplace, great changes had brought innovation.
More to that is the changing effect of the coronavirus. This has changed the way organizations conduct their businesses. It is making us know that disruption can occur even to innovative business models like Airbnb and Uber.
It has made us adjust the ways teamwork from physical to a virtual world. It has made the world run on digital infrastructures and business to run on digital waves.Even the government has accepted that those that can save a country in times of crisis are entrepreneurs.
More to all this is the pivoting of the way we work into a remote working model that places emphasis on working from home. This is a change in working culture being caused by Covid19 that may become the new normal in the corporate world because it has become important to stay in business while cutting down some cost.
The purpose of this article is to let you see the beautiful sides of remote working and how startups can explore it in this economic wave.
What are the Good Sides of Remote Working to Businesses
What can we see with the rise in remote working. Here is how this concept can help businesses to solve some important managerial problems.
The Office Space Reduction Effect
Since this pandemic started many businesses have been working remotely and it has made us to see that enormous office space may not be needed in the post covid 19 workplace, because all employees should not be in the same place at the same time.
As some employees will start to work remotely, it’ll make it possible for businesses to reduce their office space size. The new office space will be for staff that can not work remotely and must be in the office to carry out their functions.
This is one of the ways to cut costs for businesses in this period of the coronavirus pandemic. A good manager must learn to optimize cost for his business at this time…While we innovate and market the innovation, we must learn to keep costs low according to Peter Drucker.
Risk of Mobility Effect
One of the risks that employees face as they commute to work daily is the risk of life, being on the road on a daily basis. There are many questions of probability to ask in the transiting of workers from home to work and from work to home everyday.
What if in the process he has an accident?
What if there is an attack or kidnapping on his way to work?
What if something happened and he died on the way to work?
But, remote working is here to solve some of the above questions. When you work from home, you don’t face the above risk associated with travelling everyday.
Productivity Effect
Remote working can be more productive than working from the office. This is because the time taken to commute from home to work will no longer be needed as there won’t be commuting any longer.
So, when a team member wakes in the morning, he prepares to work without having to commute to work. So, that time can be used by him to complete more tasks.
Though, there are some distractions at home too but when you learn to work in a disciplined way you could achieve more.
Employee Cost Reduction Effect
This is key to start-up employees and businesses. Most employees who don’t have personal cars spend a lot on transportation. Some workers that use Uber for their mobility spend more than those that use public transport.
So, working remotely will help the employees to save this expenditure which will increase their disposable income at the end of every month. Every employee’s cost will be reduced and income will increase at the end of every month.
The same is applicable to businesses, businesses will spend less when people work from home than when people come to the office to work. While knowing this is important but knowing how to achieve productivity while working from home is more important. This we shall consider in my next article on remote working.