# Post Pandemic recovery for businesses Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2021-05-31 Category: BUSINESS Category URL: https://financedigest.com/category/business Meta Title: The Future of Remote Work Post-Pandemic Meta Description: Discover how businesses are redefining the workplace post-pandemic, embracing technology and flexibility for a smarter, more efficient way of working. URL: https://financedigest.com/post-pandemic-recovery-for-businesseshtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/businesses-recover-1736838304367-compressed.jpg) _By **Andrew Conway,** CTO at Proteus by Xergy_ Prior to the pandemic, remote work was not a new concept. Many people within organisations were relying on a hybrid way of working to fit in with their lifestyles. In particular, those employed at companies based in city hubs were either spending one or two [days working from home](https://www.financedigest.com/man-charged-under-britains-treason-act-over-christmas-day-incident-at-queens-home.html "Man charged under Britain’s Treason Act over Christmas Day incident at queen’s home") to avoid repetitive long commutes, or missing out on time with family. Despite this normality for some, the sudden move to remote working for all employees at the start of the pandemic caused a number of issues for [organisations](https://www.financedigest.com/uk-based-bitfount-raises-5m-seed-to-streamline-collaboration-between-organisations-working-with-sensitive-datasets.html "UK-based Bitfount raises M seed to streamline collaboration between organisations working with sensitive datasets.") that did not have a strategic remote working plan in place. A lack of remote working strategy was costly for many businesses, as they looked for last minute solutions to [solve problems](https://www.financedigest.com/british-start-up-reveals-the-secret-to-solving-the-problem-of-identity-fraud.html "British start up reveals the secret to solving the problem of identity fraud"). Securing cost effective IT equipment and then supporting employees with the transition to remote working, caused many [businesses to become unstuck with the shift in March of last year](https://www.financedigest.com/why-the-new-year-is-the-best-time-to-start-your-dream-tech-business.html "Why the New Year is the best time to start your dream tech business"). However, the necessity of speed to embrace remote working has eventually lead to new questions being [brought to light as we look to ahead to what working life](https://www.financedigest.com/london-boroughs-brought-to-life-in-stunning-illustrated-bathroom-designs.html "London Boroughs brought to life in stunning illustrated bathroom designs") could look like post-pandemic. From once being in a position where [businesses were unable to operate unless all employees were in the office](https://www.financedigest.com/4-ways-moving-office-can-bring-your-business-roi.html "4 ways moving office can bring your business ROI"), we are now seeing leaders question whether physical presence at work is truly the most efficient utilisation of employee time and business funds. It has become clear that there is no longer a daily need for physical [office space](https://www.financedigest.com/a-guide-to-finding-office-space-for-your-startup.html "A guide to finding office space for your startup") for all organisations, but rather a need for a smarter work approach. The optimisation and efficient use of technology, such as AI, is enabling teams to work smarter, not harder, and is being recognised to be of great [benefit to businesses](https://www.financedigest.com/5-ways-cfo-and-cio-collaboration-can-benefit-the-business.html "5 Ways CFO and CIO collaboration can benefit the business") in the longer term. Through machine learning, AI can begin to recognise and take on the menial and tedious tasks, thus allowing employees to refocus their time spent on [business areas in real need](https://www.financedigest.com/5-reasons-why-you-need-to-step-into-your-ceo-role-as-a-small-business-owner.html "5 Reasons why you need to step into your CEO role as a small business owner") of human attention that would not necessarily benefit from the introduction of technology. For other organisations, the [office is transforming into a hybrid hub](https://www.financedigest.com/londons-battersea-power-station-reborn-as-office-and-shopping-hub.html "London’s Battersea Power Station reborn as office and shopping hub"). By creating an environment that is open to flexibility, while maintaining the collaborative human interactions that spark creativity, [businesses will see teams forming that are truly supported in their health](https://www.financedigest.com/are-there-tax-breaks-for-business-health-insurance.html "Are there tax breaks for business health insurance?") and wellbeing. ![Andrew Conway](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/andrew-conway-headshot-e1622461257576-1736838304421-compressed.jpg) Andrew Conway But it’s not just the office that is benefitting from the increased uptake of [remote work](https://www.financedigest.com/how-to-protect-your-employees-mental-health-while-remote-working.html "How to protect your employees’ mental health while remote working"). In the gig economy, [businesses that would have previously never considered](https://www.financedigest.com/7-factors-to-consider-before-your-business-moves-to-a-subscription-model.html "7 Factors to Consider Before Your Business Moves to a Subscription Model") remote work are evolving. Project-based [sectors such as the diversified energy industry are now seeing the benefits](https://www.financedigest.com/uk-tourism-sector-already-reaping-the-benefits-of-brexit.html "UK TOURISM SECTOR ALREADY REAPING THE BENEFITS OF BREXIT") of technology for increasing workforce productivity. The [result is streamlined processes that ultimately lead](https://www.financedigest.com/centre-right-gerb-party-leads-in-bulgaria-election-partial-results.html "Centre-right GERB party leads in Bulgaria election -partial results") to cost efficiencies, a win. It is in these sectors where serious disruption is occurring. Driven by [remote work](https://www.financedigest.com/the-psychology-of-long-term-remote-working-productivity-vs-inclusivity.html "The psychology of long-term remote working: Productivity vs. Inclusivity") and the use of technology involved in this, priorities have shifted and digital capabilities have hugely improved. The working [world is opening up to a new era of flexible work which in turns](https://www.financedigest.com/certainty-in-an-uncertain-world-post-brexit-investors-turn-to-commercial-property-and-fixed-returns.html "Certainty in an uncertain world – post-Brexit investors turn to commercial property and fixed returns"), creates a better supported environment for freelance or gig workers. Prior to this, gig workers have not been [considered a business](https://www.financedigest.com/pizza-firm-dp-eurasia-considers-divestment-of-russian-business.html "Pizza firm DP Eurasia considers divestment of Russian business") priority or even a true asset. However, they have a unique ability to navigate [financial challenges](https://www.financedigest.com/how-can-financial-firms-tackle-the-challenges-that-lie-ahead-in-2021.html "How can financial firms tackle the challenges that lie ahead in 2021?") and help companies grow. Gig [workers allow businesses to streamline by only paying](https://www.financedigest.com/thousands-of-british-postal-workers-walk-out-over-pay.html "Thousands of British postal workers walk out over pay") for the work necessary, precisely matching operational costs. This new era holds a lot of potential and involves the ability to connect gig [workers with projects anywhere in the world](https://www.financedigest.com/in-a-stadium-of-their-own-migrant-workers-say-their-sweat-made-world-cup-happen.html "In a stadium of their own, migrant workers say their sweat made World Cup happen"). Supported by new technology, the seamless matching of the best gig workers with a [business’s needs](https://www.financedigest.com/what-is-premises-liability-coverage-and-why-does-your-business-need-it.html "What is Premises Liability Coverage … and Why Does Your Business Need It?"), will save HR teams time going through online searches or relying on haphazard word of mouth. Digital tools that can automate crucial paperwork including contracts, expense forms and invoices, will also benefit the [gig economy](https://www.financedigest.com/meet-tilak-joshi-the-fintech-ceo-building-modern-solutions-for-the-gig-economy.html "Meet Tilak Joshi: the fintech CEO building modern solutions for the gig economy") so businesses aren’t buried under stacks of forms. What’s more, the [next generation](https://www.financedigest.com/the-advancement-based-offing-to-upscale-the-next-generation-antibody-therapeutics-market.html "The Advancement-Based Offing To Upscale The Next Generation Antibody Therapeutics Market") of workers are flexible and as such, are looking for an attractive work environment without frustrating processes and slow decision making. It will be technology that can ensure businesses remain competitive with the best [talent by creating this attractive environment for new hires](https://www.financedigest.com/5-steps-hiring-top-talent-youre-just-start.html "5 steps to hiring top talent when you’re just a start-up "). The last 18 months have [created a seismic shift in the way](https://www.financedigest.com/6-ways-how-to-create-great-tiktok-videos-for-your-business.html "6 Ways How to Create Great TikTok Videos For Your Business") we work. Technology has been a perfect partner to this shift, creating disruption that has positively [impacted the world](https://www.financedigest.com/exclusive-qatarenergy-boss-says-world-cup-tension-will-not-impact-german-business.html "Exclusive-QatarEnergy boss says World Cup tension will not impact German business") of work for future generations. The phrase “the new normal” has been mentioned many times, however we can also apply this to the working environment, as hybrid [ways of working become](https://www.financedigest.com/ways-to-become-a-millionaire.html "Ways to become a millionaire") the norm. It is [important for businesses](https://www.financedigest.com/four-reasons-whycloud-based-inventory-management-is-important-for-your-ecommerce-business.html "Four reasons whycloud-based inventory management is important for your ecommerce business") to recognise that technologies such as AI and machine learning in the workplace are here to help, and are here to stay. As we look to the future and prepare for further disruption, it is vital to recognise the [important part technology can play in supporting businesses](https://www.financedigest.com/the-importance-of-property-care-looking-after-your-business.html "The Importance of Property Care: Looking After Your Business") in development and key decisions when implemented efficiently. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---