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I think that some of the things we'll see happening as the pandemic winds down are (in no particular order)...
- now that it's been demonstrated to be possible, workers will demand the ability to work from home for at least some of the time; if they don't get that option, they'll look for new jobs. In other words, it will become a 'standard' benefit that white collar workers look for.
- while it is possible to maintain business relationships while working remotely, it is harder to actually create those relationships, whether within one's own company or outside it. For this reason, I think some degree of physical interaction within companies, and between companies and clients, will remain essential.
- therefore, in the long run, I think most large companies will transition to a 'hybrid' working system, where staff are at home for 2-3 days a week and present in the office for the remainder.
- many companies however will be too conservative/inflexible to allow for working from home, and this will lead to considerable tension with their staff. (We've already seen this start to happen with Apple, for example).
- with more staff working from home more often, companies will require less office space; the 'hot desking' model is already a thing, after all. This means that to save on costs, some companies will downsize their offices, which means that a lot of office space will be released onto the market, which in turn means that office rents will fall, and there will be less incentive to erect new office buildings. I don't think we've even begun to consider the economic implications of this.
- it has become increasingly apparent during the pandemic that a lot of (although certainly not all) business travel can be replaced by remote meetings. Amongst other things, I therefore expect there to be a considerable impact on the airline industry (where many operators rely on the premiums they can charge business passengers).
There you go, just some random thoughts
!! Slava Ukraini - heroyam slava !!
- now that it's been demonstrated to be possible, workers will demand the ability to work from home for at least some of the time; if they don't get that option, they'll look for new jobs. In other words, it will become a 'standard' benefit that white collar workers look for.
- while it is possible to maintain business relationships while working remotely, it is harder to actually create those relationships, whether within one's own company or outside it. For this reason, I think some degree of physical interaction within companies, and between companies and clients, will remain essential.
- therefore, in the long run, I think most large companies will transition to a 'hybrid' working system, where staff are at home for 2-3 days a week and present in the office for the remainder.
- many companies however will be too conservative/inflexible to allow for working from home, and this will lead to considerable tension with their staff. (We've already seen this start to happen with Apple, for example).
- with more staff working from home more often, companies will require less office space; the 'hot desking' model is already a thing, after all. This means that to save on costs, some companies will downsize their offices, which means that a lot of office space will be released onto the market, which in turn means that office rents will fall, and there will be less incentive to erect new office buildings. I don't think we've even begun to consider the economic implications of this.
- it has become increasingly apparent during the pandemic that a lot of (although certainly not all) business travel can be replaced by remote meetings. Amongst other things, I therefore expect there to be a considerable impact on the airline industry (where many operators rely on the premiums they can charge business passengers).
There you go, just some random thoughts
~~~~ Just another victim of the ambient morality ~~~~
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Caped Carousers
quest cape clan ~~
!! Slava Ukraini - heroyam slava !!
17-Jun-2021 07:52:20
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