MANAGING in the

NEW WORLD

The gig economy is here to stay and thrive. Instead of fearing this phenomenon, companies must embrace this change. Employees working remotely is actually good for the company due to the cost reductions. It also helps the employees settle at places far- off from the main cities, thus reducing their costs, while easing pressure on the major habitations. Initially this gig working was primarily geared towards blue collar jobs, but now increasingly skilled jobs are getting precedence in this market. The US Patent and Trademark Office (USPTO) for instance has developed this ecosystem by which remote workers could thrive. The USPTO’s flexible working norms helped boost productivity as it happened likewise at NASA, Git Hub and at Akamai. This remote working though may not suit everyone. Even for those it does, a significant period of bedding- in at the office premises may help prepare. The company’s talent management system needs to be such that the transition to this mechanism is gradual. Technology can pave the way for much collaboration over distance, through minimal supervision. Thousands of tons of emissions will also be reduced as a result of increasing this concept of remote working.

Source:https://hbswk.hbs.edu/item/how-companies-benefit-when-employees-work-remotely?cid=spmailing-28284211-WK%20Newsletter%2007-31-2019%20(1)-July%2031,%202019

Uploaded Date:13 August 2019

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