TechHR
ex
L&D
UNPLUGGED
Sphere
About Us • Contact Us
People Matters Logo
Login / Signup
People Matters Logo
Login / Signup
  • Current
  • Top Stories
  • News
  • Magazine
  • Research
  • Events
  • Videos
  • Webinars
  • Podcast

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

 

 

  • HotTopic
    LeadersSpeak
  • Strategy
    Leadership Csuite StrategicHR EmployeeRelations
  • Recruitment
    Employer Branding Appointments Permanent Hiring Recruitment
  • Performance
    Skilling PerformanceMgmt Compensation Benefits L&D Employee Engagement
  • Culture
    Culture Life@Work Diversity Watercooler SheMatters
  • Tech
    Technology HR Technology Funding & Investment Startups Metaverse
  • About Us
  • Advertise with us
  • Become a sponsor
  • Contact Us
  • Feedback
  • Submission Guidelines

Follow us:

Privacy Policy • Terms of Use

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

People Matters Logo
  • Current
  • Top Stories
  • News
  • Magazine
  • Research
  • Events
  • Videos
  • Webinars
  • Podcast
Login / Signup

Categories:

  • HotTopic
    LeadersSpeak
  • Strategy
    Leadership Csuite StrategicHR EmployeeRelations
  • Recruitment
    Employer Branding Appointments Permanent Hiring Recruitment
  • Performance
    Skilling PerformanceMgmt Compensation Benefits L&D Employee Engagement
  • Culture
    Culture Life@Work Diversity Watercooler SheMatters
  • Tech
    Technology HR Technology Funding & Investment Startups Metaverse
72% of businesses lack clear hybrid work strategy

Story • 2nd Mar 2022 • 2 Min Read

72% of businesses lack clear hybrid work strategy

Leadership#HybridWorkplace

Author: Mastufa Ahmed Mastufa Ahmed
5K Reads
Hybrid mode of work will become the standard operating model across industries by 2024, finds a study. However, the majority of businesses lack a detailed hybrid work strategy.

Hybrid work - a mixture of onsite and remote work - will become the standard operating model across industries by 2024. However, a vast majority of businesses lack a detailed hybrid work strategy, finds a study.

Participants of the study identified insufficient oversight, lack of workplace innovation, and cultural shifts as the three barriers to hybrid work's success. However, they believed that these obstacles could be overcome.

72% lack a detailed strategy and 76% don't have the right key performance indicators (KPIs) to support hybrid working models, finds the study conducted by AT&T and Dubber Corporation Limited.

81% believe hybrid work will be the foremost working model by 2024, with 56% of work done offsite. 86% believe their employees prefer a hybrid work model but 64% believe their organization prefers an on-premise work model.

100% of respondents believe a hybrid work model will help attract young talent.

Mass adoption of new work models has shown to be partially effective with 79% of firms believing that employees have been productive - although not without resulting challenges, with only 45% confident in employee innovation throughout the period, finds the study.

Artificial Intelligence and Machine Learning (AI/ML) were identified as the top transformative technologies in the survey, with their intrinsic value identified specifically in the areas of employee training, intelligent enterprise search and learning, and conversational help.

The research shows that while employee productivity is maturing, with high analytics adoption, other areas like revenue leakage and employee retention require further investment. A need for deeper analytics and insights-driven by AI - into both the customer and employee can be accomplished by mining and transforming data from remote conversations and interactions - to build new models of operation in targeted business functions.

“It's clear that a successful talent program now requires a hybrid work policy, but that policy needs to be supported by a strategic tech-first cultural reset, to ensure business growth and competition,” says Alicia Dietsch, Senior Vice President, AT&T Business Marketing.

“Firms need to ask themselves if they have the in-house expertise to achieve this, or whether it's now time to go beyond a partner in remote infrastructure rollout to a partner in tech-first remote business strategy." 

The State of the Industry: Future of Work survey, conducted by  AT&T and Dubber Corporation Limited, comprised 303 US-based respondents, 87% above Director level, across five key industries, with over 1M employees represented, and 34% with companies over $1B in revenue.

Read More

Did you find this article helpful?


You Might Also Like

List of companies that didn’t lay off employees

STORY • 22nd Mar 2023 • 6 Min Read

List of companies that didn’t lay off employees

LeadershipStrategic HRBusiness#HRCommunity#HRTech#Layoffs
List of CEOs who enjoyed salary hike amid layoff

STORY • 17th Mar 2023 • 7 Min Read

List of CEOs who enjoyed salary hike amid layoff

LeadershipLeadership Assessments#HRCommunity#Layoffs
List of CEOs who took pay cuts to avoid furloughs

STORY • 16th Mar 2023 • 9 Min Read

List of CEOs who took pay cuts to avoid furloughs

Leadership#HRCommunity#Layoffs
NEXT STORY: How metaverse can impact L&D?

Trending Stories

  • design-thinking-hr

    How to handle a toxic boss

  • design-thinking-hr

    How to build a recession-proof career

  • design-thinking-hr

    Robert Half promotes Susan Haseley to Chief ESG and DEI Offi...

  • design-thinking-hr

    Over 50% of Gen Z in the world suffer from poor mental healt...

Upcoming Event: View All

Event Title 29 Mar Webinar

2023 Employee Experience Trends

Free 11:00 AM AEST

People Matters Logo

Follow us:

Join our mailing list:

By clicking “Subscribe” button above, you are accepting our Terms & Conditions and Privacy Policy.

Company:

  • About Us
  • Advertise with us
  • Become a sponsor
  • Privacy Policy
  • Terms of Use

Contact:

  • Contact Us
  • Feedback
  • Submission Guidelines

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

Get the latest Articles, Insight, News & Trends from the world of Talent & Work. Subscribe now!
People Matters Logo

Welcome Back!

Enter your registered email address to login

Not a user yet? Lets get you signed up!

A 5 digit OTP has been sent to your email address.

This is so we know it's you. Haven't received it yet? Resend the email or then change your email ID.

People Matters Logo

Welcome! Let's get you signed up...

Starting with the absolulte basics.

Already a user? Go ahead and login!

A 5 digit OTP has been sent to your email address.

This is so we know it's you. Haven't received it yet? Resend the email or then change your email ID.

Let's get to know you better

We'll never share your details with anyone, pinky swear.

And lastly...

Your official designation and company name.