Enterprise leaders present intensive productiveness issues as we transfer right into a put up pandemic world
With pedestrian footfall in the City of London hitting 39% of pre-pandemic levels, the highest since early 2020, new Agility in Mind findings show widespread concern about the productivity of senior decision-makers in companies with hybrid work models in the post-pandemic period.
The report shows that over half (51%) of UK business decision-makers are concerned about productivity in the workplace, with 74% showing at least some concern as we move into the next stages of the Covid crisis.
The findings, published in the new How to Grow playbook from business transformation consultancy Agility in Mind, asked UK business leaders about their concerns as we advance in the pandemic. You have found that:
- 3 out of 5 business leaders believe it will be more difficult to involve the hearts and minds of the employees in their company
- 29% of these leaders did not know how to identify new initiatives that could address engagement and collaboration
- 27% said they did not have the time to even pursue such initiatives
Andrew Jones, CEO of Agility in Mind, commented, “Companies have faced unprecedented challenges at every stage of the pandemic, culminating in inability to plan and caution in planning for the future. Productivity concerns are not surprising given the uncertainty that has plagued the business world. “
Nevertheless, the research showed the need to find solutions:
- More than 4 in 5 (85%) senior decision-makers want to explore new ways to improve employee productivity, engagement, and motivation, even if some did not understand how this process should work
- 45% felt this was either critical to the future success of their company or an important business priority for the future
- Only 7% said that they see no value in pursuing such initiatives
Agility in Mind’s How to Grow playbook has also extensively examined the solutions proposed by business leaders to address these productivity problems.
- 40% of UK business decision-makers cite their people as a key factor in the success of their organization after the pandemic
- 38% thought the solution should be found in new ideas
- Only 35% and 34% said they had access to capital or leadership skills to improve the future of their company after the pandemic
Jones continued, “It is refreshing that so many senior decision-makers are motivated to address issues such as engagement, motivation, and productivity, and that so many people see them as a key factor in business success. Rather than relying on the quick fixes supposedly supposed to encourage collaboration in the workplace – like Slack and Teams to name two culprits – companies need to foster an agile work culture that can readily respond to unforeseen challenges of the kind highlighted by Covid. Managers need to learn and respond to their employees. For example, there is clear evidence that the flexible working hours introduced by the pandemic will be continued. Workers are now realizing the lack of productivity in commuting and the social benefits that working from home has brought them. We don’t have to control people to force them to be productive, we have to create interesting work that makes them feel fulfilled and motivated to be successful. ”