Master LLMs with our FREE course in collaboration with Activeloop & Intel Disruptor Initiative. Join now!

Publication

How COVID-19 will Reshape Work Culture of Tech Companies in USA
Future

How COVID-19 will Reshape Work Culture of Tech Companies in USA

Last Updated on September 4, 2020 by Editorial Team

Author(s): Sophia Martin

Future, Technology, Opinion

How COVID-19 will Reshape Work Culture of Tech Companies in the US

Who would have thought that a single virus would take down the whole world and make us stay inside our homes? A pandemic wave that has altered our lives in such a way that no human (big or small) have control over it.

People in various sectors have not only been affected by this, but the industries have seen a massive downfall too. This has made companies to restructure their work and think of ways to get back on their feet pronto.

According to research by Statista, the Coronavirus outbreak puts 37 Million U.S jobs at risk.

(Image Source: Statista)

Therefore the organizations have a good opportunity to accelerate their offerings and make their workplace a better place because this pandemic is expected to last. So the question is: How exactly can companies do that?

Well, to help you with the idea, here are some of the ways that might help you with how COVID-19 Is Reshaping Corporate Culture.

Case Study Done by World Economics Forum

According to research by Statista, the number of cases in the USA is increasing day by day. Almost 46 thousand new cases of COVID-19 were reported in the United States on August 23, 2020

(Image Source: Statista)

Research done with the help of the World Economic Forum, in collaboration with Marsh and McLennan and Zurich Insurance Group introduced a COVID-19 Risks Outlook: A Preliminary Mapping and its Implications.

The research tends to examine 350 senior risk professionals that took part in risk perception surveys. They were asked to assess 31 risks that were supposed to be within three categories: most likely for the world, most concerning for the world, and most worrisome for companies.

About ⅔ of the people identified the recession as the top concern. About ½ of them found bankruptcies and descriptions in supply chains as the top worries. The organization is worried about the impact of COVID 19 and the geopolitical disruption that is involved in it. With more than 40% of the people restricting in the movement of the people and good, industries have taken a worry in that zone too.

The third most troublesome aspect is the cyber fraud and data attack with about 50% breakout in the IT industries and COVID-19 outlook for the US technology industry

(Image Source: Economic Forum)

So, How are organizations getting used to the current situation and how are they recovering?

The post-pandemic world may bring a massive change in all the industries and software development company, therefore they need to be prepared for what is coming ahead of them.

So what are the features that are important to maximize the work culture for the betterment of the management?

Let’s find out!

For the Employees

1. Getting adapted to the Remote Working or WFH Scenario

The idea of constructing an entire team remotely is the best thing for the organization to work during this pandemic. The biggest advantage of these remote teams is the flexibility that they provide during the time of crises.

Constructing an organization in a distributed way not only let the employers leverage the best out of the current situation, but it also allows the organization to increase the diversity in the workplace.

According to the research by the buffer, a flexible schedule is the biggest benefit to remote working for the individuals

(Image Source: Buffer)

Work from home tends to protect the workforce to protect and also empower the employees, serve customers, and helps in reestablish business continuity.

Do not forget that remote working and WFH is not only helping your employees in this pandemic, but it also helps the global economy. Most of the companies are conducting extended numbers of meetings as compared to the days when they use to march down to the office and were physically present in the offices. Where earlier some of the communications used to took place informally and unscheduled. Now with remote working, It is remarkable that communication is on point and frequent

2. Technology

One of the most crucial variables that tend to be helpful in the successful implementation of remote work is communication. Now that we have talked about remote working, the workplaces need to reconfigure in terms of technology and upgrade it according to the needs.

The organizations may need better workplace reconfiguration to help the employees accommodate remote working and it also may require communications technology upgrades. Thus, hire app developers that understand this reform. The solution to this whole thing is that the organization would need to invest in software and VPN which is also known as Virtual Private Network for faster and better quality connections of data. For example, let’s take an example for some of the top-notch organizations.

  • Google is permitting free access to cutting edge that tends to involve regular expense that is for each month in the case of Hangouts Meet to all G Suite and G Suite Education clients.
  • Microsoft tends to offer a free half-year preliminary to the top-level Microsoft Teams that would help the users to empower schools, medical clinics, and organizations in countries like China to continue working even with the limitations of coronavirus.

3. Being Versatile and Being accurate with the Functionality

When we talk about the functionality of an organization we include each and every aspect of the safety that the organization needs to take after the pandemic. The organization needs to provide better facilities and amenities that would help in the better interaction of the organizations.

How they can do this by designing efficient layouts and usage in the resiliency. They need to incorporate the seating arrangements where one desk should be left in between two employees.

Not only this the organizations would now need to incorporate pantries that are high tech and well sanitized and then Hire Mobile App Developer. The offices would also require crucial tools for branding and identification. One thing that can also be done in the entire sector is that they would need a greater number of meetings and conference rooms that would help in expanding the video conferencing capabilities.

For the Customers

1. Getting along with the Customer’s Habit

The outbreak of COVID-19 has changed forever the experience of the customers, employees, and citizens. Due to these massive changes, the behavior of them is also changing. This has also resulted in a structural change in the consumer goods industry.

With the help of these new behaviors, the organization has a good opportunity to provide experience to the customers that they failed to have with the platforms they chose before the commence of coronavirus. The organizations and the App Development Company can expand the existing offerings and thus build new lines of services, which may include the retailers rallying to help the customers as well as the organizations in “contactless” delivery and curbside pick-up services for consumers.

2. Communication is the Key

One of the only ways that the IT organizations in the USA can reshape their business is by communicating with their customers. This is the only effective and efficient way in which you can maintain a relationship with your customer.

With the help of advertisers, you should be able to look and construct trust with the current and potential customers with the help of email and the information directly.

According to stats improved communication and collaboration through social technologies could raise the productivity of interaction workers by 20 to 25 percent.

(Image Source: McKinsey)

When it comes down to the events or maybe the store locations that would require to postpone operations, all the businesses should consider is the long-term relationship with customers and know that maybe a refund or a reschedule could be one of the relief points for those who may experience stress.

Not only this but the organizations and the companies can take help from the business that is affected. Google recommends the users to update the business hours and descriptions on the “My Business profile”. Besides allowing the audience to know their business, the user can update the description to provide more data regarding any kind of additional precautions that they want to take or if there are require any modifications in the services.

For the Industries

1. A cut in the unnecessary middle management positions

One of the biggest things that can happen in these times of crisis is the elimination of some promotions and unnecessary tags that are given by the web development company to their employees. A lot of industries would realize that they really do not need these layers that they use to have in the company.

Others are more hopeful that the interest for top-level supervisors will bounce back once the pandemic dies down on the grounds that associations will need of efficiency. One dread of straightening the executive’s structure is that fewer directors will be required to supervise a higher volume of direct reports, making space for mistake, absence of oversight, and botch.

2. A Must Health Insurance

Now that COVID 19 has made a lot of people conscious about their health. The need for health insurance is a must that every industry needs to think, big or small. The employees would be under a lot of pressure to reduce down the cost. Many organizations in the USA are considering this for safeguarding their employees so that their numbers do not get down.

According to a research about ⅓ of the industries are already providing healthcare insurance to the employees out there.

(Image Source: Vox)

3. Assistance in the Finances of the IT industries

Android app companies in the USA are taking up a practice and they are offering awards, rewards, wage increments, or other money-related help to ll the representatives to control the pay instability because of changes in long stretches of activity, terminations, or administration suspensions.

To drill down to investigate the insights regarding an organization or a company that reserves or grows the qualification for its representative tends to awards the programs, regardless of whether an organization is offering the most extreme sums accessible to them.

Predicting the path of the Crises

According to research done by PNAS, most of the industries believe that this pandemic is going to stay for a while and that the industries might suffer due to it.

(Image Source: PNAS)

Therefore, what more can the industries and iOS App Development Company do is follows these important steps:

  • Solving: Look for the challenges and the problems that COVID-19 is giving to all the institute workforce and also to the business partners
  • Resilience: Address all the challenges that are related to the cash management and the issues that are there during virus-related shutdowns and also the economic knockdowns
  • Returning: Now that you know the problems and the issue you need to create a detailed plan to return and be clearer on the goals and the achievements you would need.
  • Imagination: Look for the next normal. See what discontinuity seems like and solve the solution on how the organizations should reinvent.
  • Reform: Be aware and clear how the competition and shift in the environment.

In a Nutshell

By the end of this article you would be convinced enough that to hire software developers or other employees right now might not be a great idea, rather polishing and taking care of the existing ones is what you need to do.

If the software development company needs any guidance in this zone then they can mention your query in the comment section or can contact personally.


How COVID-19 will Reshape Work Culture of Tech Companies in USA was originally published in Towards AI — Multidisciplinary Science Journal on Medium, where people are continuing the conversation by highlighting and responding to this story.

Published via Towards AI

Feedback ↓