As most office spaces around the world have become dead quiet like a cemetery due to the coronavirus outbreak, CEOs and business owners are beginning to think twice about lavished office spaces. Right now, the buzz words all around the world are remote working, working from home, and commuting from home.
In time past, it was considered unimaginable to work without a brick-and-mortar office. People thought little or less can be done from home when it comes to proper office work. But, the pandemic has proven otherwise. In the last nearly six months, employees have been working from home so that they can implement social distancing to prevent the spread of the virus.
Remote Work is now the In-Thing
Remote working as mentioned earlier has become a common buzz word in the business world right now. This viable alternative to spending huge sum on an office space is what many smart businesses have been enjoying all along via outsourcing solution.
Although these offices have conventional office spaces, they use outsourcing to reduce the number of people who work in-house, hence overhead costs. So, it was easier for these companies to transit completely to remote working during the pandemic.
Right now, companies and those who are still in business are forced to work remotely – something they considered unthinkable in time past. With robust internet, bandwidths and comfy space at home, remote workers are delivering services to their companies just as they would do from a conventional office space.
It’s Time to Plough Back Excess Expense on Stylish Office Space into Growing Businesses
This is the major lesson from what has happened to the brick and mortar offices during the virus outbreak. In essence, it has become clear that a company can run smoothly with or without an office space, especially for administrative and other routine tasks. Even your IT employees can troubleshoot technical issues and man the technology unit without being physically present, which is why many companies have been outsourcing IT even before the crisis.
So, the lesson is clear. The huge amount spent on office space rental should be channeled to growing and expanding a business. If at all an office space will be needful, it should simple and compact, while the rest of the workers should be allowed to commute remotely. It’s a mutually beneficial endeavor.
Many companies are now researching on how to make remote work better since it is likely to become the new normal after the crisis. One of such researches is how to effectively resolve bandwidth issues and poor internet connection in some remote areas, especially offshore locations such as India.
On a final note, every business owner and CEO should take these lessons to heart and spring into action.
Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams.