A general lack of distractions, in addition to reduced commute time and the overall comfort of the home or other chosen work environment, have made the significant productivity boost possible. A 2020 Statista study shows 73% of respondents reported feeling more efficient working outside the office. And the vast majority of the studies came to the same conclusion – flexibility and freedom offered within the approach largely impact productivity in the virtual workplace. Productivity boostĪn overwhelming amount of research has been conducted over the past year to analyze the effects of the pandemic-mandated remote work. Moreover, one McKinsey study found that the more ethnically and racially diverse companies outperform their less diverse peers by 36% when it comes to financial targets. In fact, one prediction by Gartner shows that 75% of companies employing diverse decision-making teams can expect to outperform their business objectives in 2022. Understandably, this approach largely supports innovation and ultimately leads to more profit in the long run. Organizations employing culturally diverse staff, especially in the higher management positions, tend to escape the echo-chamber effect and conformity since they are exposed to multiple perspectives and viewpoints. Innovation and profitability increaseĭiversity and inclusion drive innovation and positively impact overall business targets within remote companies that span across time zones. Organizations saw the immense potential in the ability to transcend the boundaries of the traditional, in-office, or remote-friendly work model that requires at least some onsite work, and gladly utilized the opportunity to enter a global hiring market. Access to a global talent poolīeing able to select the best talent regardless of the location is one of the main factors that impacted the entire movement in the first place. Let’s break down all the benefits of working across time zones to get a better understanding of the trend. And this is particularly why we’re seeing a consistent increase in the number of companies employing globally. Customer service – Virtual tech support teams often employ global staff for the simple convenience of covering diverse customer demographics across time zones.Īlthough it can get challenging at times to manage a geographically dispersed team, there are still many more benefits to the approach.Sales – Simultaneously, sales teams that heavily rely on social media for lead generation, are more likely to employ international teams that operate across time zones.Again, this makes perfect sense since it’s an industry that serves global markets - it’s a perfectly reasonable practice to be present on different social media platforms during different times of the day or night, depending on the time zone of the target audience. Marketing – Social media marketing teams, in particular, are prone to working across time zones.At first, the remote workforce offered the perfect way for companies to reduce costs until they realized additional benefits such as global talent and diversity-led innovation. IT companies pioneered distributed work, long before the world got shut down by the pandemic. IT – A no-brainer, really, especially if we consider that information technology is what made remote work possible in the first place.Let’s get a more detailed look at what types of teams are leading the way in working across time zones. Still, as much as it might be pretty seamless for a tech company to adjust their operations to working across time zones, for some industries and teams, this practice is simply not viable. Naturally, organizations jumped at the opportunity to select from a global pool of talent which is, essentially, the key factor that led to the formation of teams that span across different time zones. What types of teams are likely to work across time zones?Ĭloud-based technology allowed a number of industries to adopt some form of remote work model. Consider setting one official time zone.Be mindful when scheduling meetings across time zones.How teams can best manage working across time zones.Limited opportunities for employee effort recognition.Inconsistent collaboration and communication.Challenges of working in different time zones.Uninterrupted workflow for the remote company.Advantages of working across time zones.
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