Working as we know it has changed and the new reality has come as a shock to many businesses. We understand now that this will possibly become a ‘new normal’ and, with global uncertainty over the coronavirus epidemic, more disruption could follow. In fact it’s likely that the patterns of business will be changed forever.
Companies who can’t adapt will fall behind – they will struggle to find new clients, recruit and retain talent and make a profit when faced with low productivity and high overheads. They will be overtaken by those with a flexible, digitally-enabled workforce who are prepared for a turbulent business world.
And there’s another concern for all businesses: a major data breach – which is a far higher risk with staff working on vulnerable home IT networks – could be the final nail in the coffin.