McKinsey and Company – keeping you current on remote working

19 Jun

Over the last year McKinsey & Company, an American based worldwide management consulting firm, have published a set of reports that have kept up to date with the latest trends in remote working. As a leading advisor on strategic management to corporations, governments, and other organisations, McKinsey embraced remote working some years ago so are uniquely placed to understand the pitfalls and benefits of this area that is still new to most of us. The reports are packed with information that can help businesses of all sizes, so we have pulled out the key points that may help you make decisions about your strategy for remote working as the country opens up: 

  1. One of their first conclusions is that “jobs in work arenas with higher levels of physical proximity are likely to see greater transformation after the pandemic, triggering knock-on effects in other work arenas as business models shift in response.” Work in retail, banks, and post offices is defined by frequent interaction with strangers and often requires and on-site presence. Some of the work in this arena that has migrated to e-commerce is a behavioural change that is unlikely to be reversed.  
     
  2. The computer-based office work arena includes organisations of all sizes and administrative workspaces in both the public and private sector. This arena accounts for roughly one-third of employment. Nearly all of this has the potential remote working in the medium and longer term.
     
  3. Considering only remote work that can be done without a loss of productivity, McKinsey found that about 20 to 25 percent of the workforces in countries like the USA and UK could work from home between three and five days a week.  
     
  4. Two ways businesses have controlled cost and mitigated uncertainty during recessions are by adopting automation and redesigning work processes. The Covid-19 pandemic has accelerated this shift, with a survey reported in February 2021 finding that two thirds of business were planning to step up investment in automation and advanced technologies that facilitate the shift away from existing office space towards for flexible workspaces.   

eInfinity can support your shift to a more interconnected business. For example: 

At eInfinity we can advise on the right hardware for your requirements and you budget. We can support implementation and bring you team up to date keeping productivity on track. Get in touch to learn more about how we can support you in remodelling your organisation to fit the new world of work.

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