In a report last October for The Entrepreneurs Network, economist Dr Matt Clancy highlighted that: “Remote work does not have to be merely an emergency response, to be discarded when the pandemic subsides. For many industries, it can be the new normal.” The prescience of his thinking at the time continues to be played out in the media, as the case for remote work goes well beyond its use during the COVID-19 pandemic. Recent research from economics and other social sciences collectively makes a strong case for the viability of remote work for the long run.
But, whilst workers will increasingly value the flexibility and social currency of remote working, technological and societal changes have made it increasingly easy for businesses and applicants to find each other, even when they are not physically close. Productive employees who are the right fit for the ethos of your company have never been more available, and in greater demand by you and your competitors.
Whilst there is no set formula for success, every entrepreneur’s business needs to be mindful of a number of variables. The new normal will increasingly create new questions and ingenious solutions. Business owners will face new challenges in how they create a diverse workforce, providing for meritocracy in promotion and colleague development.
Furthermore, the past 18 months have seen many of us literally seeing inside the homes and lives of our teams. The blurring of home and work lives has created a new authenticity to how we operate our businesses. However, the support for team member welfare has never been more at the forefront and will be a crucial factor in the development of great and trusted teams.
I’m sure that these will be key areas of conversation in our upcoming Female Founders Forum webinar entitled Building a Team You Can Trust. Our excellent panel will bring a diverse perspective backed by years of experience to a topic we know is right at the heart of resilience planning for outstanding female entrepreneurs.
Female Founders Forum: Building a Team You Can Trust
30 June 2021
10am to 11am
Complimentary
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Hear from our expert speakers; Vanessa Tierney, founder of Abadoo and RemoteWork.Space and the director of Yonderdesk.com; Karina Robinson, co-director of The Inclusion Initiative at the London School of Economics; and Louisa Chapple, HR Director for Barclays Execution Services (BX).