Many Companies Will Keep Changes Made While Locking Coronavirus, Study Finds

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How We Could Work From Home For Months: Many Companies Will Keep Up The Changes They Made To Deal With The Coronavirus Crisis, Study Finds

  • Institute of Directors research found more people likely to work from home
  • Businesses innovated in response to lockdown, IoD found
  • Nearly one in 464 out of six companies surveyed said they even launched a new service
  • How to Help People Affected by Covid-19

Many companies will maintain the changes they’ve made to deal with the coronavirus crisis, as homeworkers suggest, a new study suggests.

Research from the Institute of Directors (IoD) has indicated that there will also be a greater focus on digital services when the current lockout ends.

Businesses innovated in response to the foreclosure, with nearly one in 464 out of six companies polled reporting having launched a new product or service, usually involving hand gel or protective equipment, the IoD said.

More than a third of those surveyed said they would likely use the next three months to take online training for their staff.

Many companies will maintain the changes they've made to deal with the coronavirus crisis, as home-based workers suggest new study (stock image)

Many companies will maintain the changes they’ve made to deal with the coronavirus crisis, as home-based staff suggest new study (stock image)

Edwin Morgan, director of policy at the IoD, said, “The coronavirus crisis poses enormous challenges for businesses, but administrators are nothing if not adaptable.

“Lockdown means that few companies can operate as before and, therefore, many companies find a way to innovate through obstacles. The solutions they create could end up becoming the new standard.

“Some changes, such as moving production lines away or providing PPE to staff are necessities related to viruses, but others, in particular by making digital services and working more flexible, bring their own benefits .

“With the fact that it seems likely that the restrictions will continue in one form or another for months, more and more administrators will fundamentally change their business models. “

Some companies, for example, have started using video conferencing software such as Zoom to communicate with employees.

Zoom has been used by companies to help staff communicate while working from home

Zoom has been used by companies to help staff communicate while working from home

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