The pandemic and subsequent change in the working environment, has demonstrated that existing models can be adapted. The need to have offices based in expensive central city locations, requiring staff to travel in daily, is under review and is likely to change for a number of firms.
The reduction in the need to commute has a material impact on the whole ecosystem, for transportation to support services – this even has an immediate impact on pollution, as we have seen. Remote working can also have a positive impact on the availability of talent and skilled staff, as these people can be sourced from a much wider geography.
Read more in Market People Magazine (page 13)