As enterprises prepare themselves to meet 2021, the remote working environment will play a crucial role in helping them achieve their long-term goals. Hence, enterprise leaders must look for the top remote-working trends that will help to prosper in the coming year.
As remote working has become a new norm, many enterprises are expected to support a distributed workforce model for the foreseeable future. Hence, enterprise leaders need to devise strategies that will enable them to effectively implement remote working across the organization.
Below are five remote working trends that enterprises leaders need to watch out for in 2021:
Initially, employees embraced the work-from-home model and displayed a greater intensity of productivity. But, as they started to juggle with their other commitments and worked in isolation, they started to have psychological health issues. This had a negative impact on their productivity.
Hence, going forward, enterprises must find ways that will keep their employees healthy and productive. As per Zeb Evans, CEO and Co-Founder, ClickUp, “Businesses will be smart to look for ways to help their teams stay focused and productive by investing in tools that accomplish multiple capabilities all in the same platform — and across entire organizations.
“By bringing all work into one platform, from task management to document creation, goals and chat, companies can help their remote workers thrive while also gaining better visibility into company progress that allows them to plan better for the future.”
Reducing the Reliance on Public Internet
One of the biggest challenges that employees face in the remote working model is the constant fluctuation in connectivity. As enterprises are hoping to achieve and operate in a pre-pandemic scenario post the COVID-19 crisis, having connectivity barriers can hamper their short- and long-term goals.
“For IT teams, 2020 was all about enabling remote work amid an unfolding crisis,” says Eric Troyer, CMO, Megaport. He further adds, “Heading into 2021, the focus will shift to optimizing highly distributed remote work to improve productivity. As employees were stuck in lockdown, the internet proved crucial in the nearly instantaneous mass shift to remote work.
Gartner forecasts that spending on cloud services will grow 18.4% in 2021 to total $304.9 billion, up from $257.5 billion in 2020. Yet CIOs are recognizing that the public internet is not a long-term option for connecting to and between mission-critical cloud services: it doesn’t deliver the reliability, performance, and security needed for complex cloud applications and workflows, hindering productivity.
To address this, organizations will take further steps to shift as much company traffic onto direct private connections to their cloud services to improve user experience as much as possible. This will be critical in sectors with more demanding networking requirements, such as financial services, digital media, and healthcare, among others.”
Making changes in performance assessment
Remote work has significantly changed performance management. Enterprises will start to concentrate on results instead of the number of hours an employee has put down.
Enterprises are starting to do performance reviews that are ongoing rather than opting for annual reviews. Providing continuous feedback will become an essential part of managing employees and help remote workers to successfully navigate their job responsibilities in a dynamic environment.
Remote work to lead consolidation
Even though other industries have felt a strong blow due to the proliferation of COVID-19, SaaS enterprises have seen a surge in growth and revenue. Thus, experts predict that most successful SaaS companies will likely to start acquiring promising startups to develop their products and services in a remote environment.
According to Rich Waldron Co-Founder & CEO at Tray.io, “While some markets have faced steeper economic uncertainty since the onset of COVID-19, SaaS stocks have continued to skyrocket due to the demands of the work-from-home era.
However, going into 2021, we anticipate consolidations in the SaaS market. On the one hand, more-successful SaaS companies will look to acquire smaller firms that can build out their feature sets. But on the other, unfortunately it’s likely that fewer new startups will receive much-needed seed or angel funding, as first-time financings are down 4% year-over-year and early-stage VC deals down 33% in valuation. As a result, the SaaS market may look a lot thinner in the next year.”
Opt for Hub-and-spoke offices?
In 2021, enterprises will try to save as much money as possible. Hence, they will try to opt for a hub-and-spoke workspace that will reduce operational costs and simultaneously enable the workforce to work in the office closer to their living place. This will also help the tier-two and tier-three cities to grow as businesses will realize that it is not necessary to operate in a metropolitan area.
As the Telecommuting model is here to stay, enterprises will benefit from following the above Telecommuting trends. This will not only help to strengthen their relationships with their employees and customers but also help them to successfully achieve their long-term goals.