Eighty four percent of ICT cos link increasing revenues to flexi-working

by CXOtoday Staff    Mar 21, 2012

Technology and network improvements as well as worker demands for better work/life balance driving flexible working to become the norm, finds a Regus study.

A new report reveals that 84 percent of information and communications technology (ICT) companies report that their productivity has increased as a result of flexible working practices, and 82 percent link increasing revenues directly to flexi-working.

The study conducted by global workplace provider Regus surveyed over 16,000 senior business managers around the world to find how different sectors and industry types are reaping the benefits of flexible and mobile work.

“Technology and network improvements as well as worker demands for a better work/life balance have driven flexible working to become the norm rather than the exception. As to be expected, different sectors are embracing flexible work at varying paces, however what is clear is that no matter what industry you are in, the great majority of people see benefits in flexible work,” said Madhusudan Thakur, Regional Vice-President, South Asia, Regus.

Other sectors that saw improve in productivity in the report included consultancy and services (82 percent), BFSI (79 percent), manufacturing and production (71 percent) and retail (70 percent).

The finding also showed that 86 percent respondents in the consultancy and services sectors also report feeling more energized and motivated thanks to flexible working, perhaps indicating why they are able to become more productive and generate more revenue.

Other findings from the report show that 83 percent of media and marketing companies declare that they work more on the move than they used to.

“Business people are also working on the move more than they used to, making the availability of work centres in every city an increasingly attractive proposition, particularly to small businesses that cannot rely on a network of company offices when they leave their headquarters,” said Thakur.